world

IBM is the second largest IT company in INDIA!!

By Natraj Muthukrishnan at 18 August, 2010, 7:57 pm

It is known to all that TCS is the largest IT employer and also largest private sector employer with more than 1.6 lakh employees on board and still counting as is the season now. But whats surprising is the second slot in this list. While all were expecting Infosys, the second largest company to be [...]

MakeMyTrip.com’s stellar IPO opening in US – shares rise 89% in NASDAQ debut

By Manoj Govindassamy at 15 August, 2010, 2:08 pm

At times when US Senators are tormenting and defaming our country’s major IT companies like Infosys and TCS, one Indian company is enjoying the proud moment in the very same US land. … When the whole US markets were showing down run, odd ones like MakeMyTrip.com continued climbing and ended at $26.45 price on the opening day, a 89% rise and thus showing an eye popping performance…we do have other quality travel portals in India. Lets wait and watch for more fireworks by Indian companies in NASDAQ…

UK Govt. budget cut spoils the IT party

By Natraj Muthukrishnan at 24 July, 2010, 9:11 am

There have been talks about UK govt. cutting on the budget and ever since IT cos which have projects from UK have been troubled. At least 35 big UK government IT outsourcing contracts are potentially at risk of renegotiation, including the Tata Constancy Services’ £600 million pension administration contract, as a result of the cuts [...]

Campus recruitment 2010-2011 begins: Accenture violates Nasscom rule

By Natraj Muthukrishnan at 24 July, 2010, 9:07 am

IT firms TCS, Infosys and Wipro are accusing have accused Accenture of violating campus recruitment norms. They accuse that Accenture has begun campus recruitment a full one semester year ahead and violated the Nasscom norms. Even a couple of years back, IT companies used to hire engineering graduates a year before they passed out. However, [...]

Indians on short term assignments to US may not need to pay Social Security tax

By Muruganandham Krishnan at 12 July, 2010, 1:04 am

Indian professionals working in the US, Australia, Canada and Japan may soon be exempted from paying social security contribution in those countries if they make such payments in India. The benefit will be available under social security pacts that the Government is negotiating with these countries. The agreement will also ensure orderly migration of workforce [...]

IPL-4 will not have cheerleaders!

By Natraj Muthukrishnan at 9 July, 2010, 9:23 am

IPL has become synonomous with controversies. Adding fuel to the fire is the news that IPL-4 will be held without the cheerleaders. Not that cheerleaders were a part of the gentleman’s game, nevertheless it had become a indispensable part of the IPL. Cheerleading, a mainstay of Basketball and American Football in the US, was first [...]

Attrition at peak in Indian IT industry at PM level – Infosys ‘Green Channel’, HP ‘HomeComing’

By Natraj Muthukrishnan at 30 June, 2010, 9:53 am

We have spoken a lot about attrition. Ever since the market recovered globally, Indian IT companies which did not give much hike for the last two years are facing attrition at never before levels. Continuing in the same trend, IT companies these days are facing a strange trend. Now when market has recovered globally, with [...]

FIFA World cup: Mahindra Satyam the only Indian presence there

By Natraj Muthukrishnan at 29 June, 2010, 9:59 am

Fifa world cup has taken the entire world by storm. As for the Indians, whose team doesn’t even feature in the top 100 sides in the world, it is left to root for their favourite team or the team their favourite EPL player plays from. Apart from all this, there is another “Indian” thing in [...]

Immigration to Australia and Canada: Easier now, rules relaxed

By Natraj Muthukrishnan at 29 June, 2010, 9:24 am

This comes as a good news to those Indians, who want to immigrate to foreign countries. With the US playing a see-saw battle, initially it had capped the number of H1 applications, and then due to recession even those slots were not filled, the US market hence still looks uncertain. However, there are new markets [...]

Top 5 IT companies in India beat recession

By Natraj Muthukrishnan at 17 June, 2010, 11:16 am

The real winners are the ones who do not perish in tough times and come out victorious in all odd circumstances. Three cheers to the Indian IT companies TCS,Infy,Wipro,HCL and Cognizant who have done extremely well in the recent recession and come out victorious. The latest Forrester Research report says that these five firms — [...]