Ye Meri Life Hai - Chirag Mehta

Be Good & Do Good!

Page 76 of 134

TCS holds the lowest attrition rate at 10.8 per cent

February 1, 2007 / / 0 Comments

Towards the last quarter of 2006, the five key computer firms in India increased their staff strength by another 23 thousand employees and their total headcount to almost 3 lakh. To those who came in late the top five software companies in India are TCS, Infosys, Wipro, Satyam and HCL Technologies. These figures are even more significant as salaries of existing staff have risen in an exponential manner and all companies posted a profit and growth of over 20 per cent of last years figures.

There is a good reason to look outside India for talent. Firstly Attrition rate in the Indian computer industry has been quite high around 12 – 15 per cent; as the more experienced staff job hop for better prospects. It was reported that TCS had the lowest attrition rate in the industry at 10.8 per cent and that employees came from at least 60 different nationalities
Read More @  Navhind Times

Security concerns hamper progress of e-commerce

January 31, 2007 / / 0 Comments

E-commerce, despite its advantages, has not taken off the way it should have, because of security concerns, T.V. Skanthaswamy, Associate vice-president, Infosys Technologies Ltd., Mysore, has said.

“Though there are irresistible cost savings, e-business has not gone the way it should have, because of the key element trust,” he said at the inauguration of the three-day `International Conference on Network Security and Workshop‘ on Monday at Erode Sengunthar Engineering College.   …

Read More @ The Hindu (30 Jan 2007)

Tatas bag Corus for $11.3 bn

January 31, 2007 / / 1 Comment

The Tatas beat Brazil’s CSN to acquire Anglo-Dutch steelmaker Corus Group Plc at slightly more than $11 billion.

With a bid of 608 pence a share, Indian corporate giant Tata Steel outsmarted CSN’s 603 pence a share offer during the night-long auction process.

CSN officials confirmed pulling out of the race to acquire Europe’s second-largest steel firm after a final offer of 603 pence a share. Tata officials remained tightlipped.

Tata Steel raised its final offer to 608 pence a share by the time the auction entered the concluding ninth round from 500 pence a share at the start of the auction.

The company also stated that it will shortly seek approval of its revised offer from the Board of Corus Group Plc and the $11.3 billion transaction is likely to be finished by the mid-March this year.

Read More @ NDTV

Mobile technology moves to the 4G

January 30, 2007 / / 0 Comments

The rollout of HSPA has just started, yet the next step toward 4th-generation mobile radio is already waiting in the wings.

The purpose of UMTS long-term evolution (LTE) is to ensure the future of UMTS by providing higher data rates and shorter access times. Rohde & Schwarz, a pioneer in developing new technologies, will again showcase solutions for ground-breaking developments and research projects on UMTS LTE at the 3GSM World Congress in Barcelona.

Moreover, a complete product portfolio for HSPA and for mobile and stationary WiMAX applications will be presented. As the European market leader in T&M and broadcasting technology for digital transmission methods, Rohde & Schwarz supports the introduction and smooth operation of mobile TV. In Barcelona, the new R&S ETL TV analyzer platform will complement the company’s wide product portfolio.

Read More  @ Vanguardngr

BSNL to Push WiMax to 80,000 Villages

January 30, 2007 / / 0 Comments

Bharat Sanchar Nigam Limited has plans to connect 80,000 villages with wireless broadband.

Rajesh Kumar, joint DDG, strategic planning, BSNL informed that the project would be undertaken in phases. The organization has formed a cluster of 1,000 block headquarters, scattered across India, for the first phase. These blocks will cover around 10,000 villages. WiMax installation will provide broadband access to customers within a radius of 25 kilometers.

USO will float tender for this project next month. “We have the infrastructure ready, we will invite bids to procure equipment,” said Kumar. BSNL has a budget of Rs 150 crore for equipment procurement, he added. First phase of the project will be completed in the next two years.

Read More @ Cxotoday

Made in India’ mobile soon

January 30, 2007 / / 0 Comments

Finally! A mobile that’s made in India.

Bangalore-based Digibee Microsystems (Digibee) is all set to take this pioneering step in the next few weeks.

Announcing the investment of $8.5 million (about Rs 38 crore) by Clearstone Venture Partners and SIDBI in the firm, Mr Vijay Balakrishnan, Vice-President of Marketing, Digibee, said the amount would be used to fund the company’s first phase of operations.

It will tie up with the top five mobile operators in the country, who have between them around 115 million subscribers, and begin the process of rolling out handsets. The investment will be utilized to obtain licences, IPRs (intellectual property rights) and in strategic deals with the component manufacturing vendors.…

Read More @ The Hindu Businessline 

TCS sees $1b from e-gov biz by 2010

January 29, 2007 / / 0 Comments

India’s largest software exporter $2.97-billion TCS plans to achieve over 10% of its revenue from its e-governance vertical by 2010. Overall, the company has set itself a target of $10 billion by 2010. This translates into e-governance revenues of over $1 billion.

“We project at least 10% contribution to TCS’ overall revenues through e-governance by fiscal year ending 2009-10,” says Tanmoy Chakrabarty, vice-president (global government industry group), TCS.

Last year TCS earned less than $200 million through its e-governance practice. According to estimates, the global e-governance pie is over 180 billion, of which Indian companies share at present is minuscule, less than 1%.

TCS rivals such as Infosys, Wipro, Satyam and HCL have lesser share of e-governance in their overall pie. Surprisingly, TCS’ biggest rival Infosys doesn’t have a government vertical.

Read More @ Economic Times (27 Jan ‘ 07)

« Older posts Newer posts »

© 2026 Ye Meri Life Hai – Chirag Mehta

Theme by Anders Noren — Up ↑