Use of technology in HR management

Use of technology in HR management In view of the fact that HRM centres on an organisation’s unique human and “inimitable” component, whereas technology is more standard and replicable, incorporating technology into HRM introduces some interesting and relevant concerns for practitioners. For example, to what extent is it productive to invest in technology relative to investments in employee development, mentoring, or career management? Or can technology actually support or accelerate ...
Submitted by Harsha | Rated 0

Kobe Steel, India`s Essar sign partnership pact

Mon, Dec: Kobe Steel Ltd, Japan`s fourth-largest steelmaker, said on Monday it and India`s No.4 steelmaker Essar Steel had agreed to enter a comprehensive business partnership. Essar is a unit of Indian conglomerate Essar Global. The two firms` partnership could include the establishment of a joint venture in India, Jiji news agency reported. Earlier this year, the Indian company tried to buy U.S. steelmaker Esmark Inc but withdrew the bid....
Published about 30-11-2008 | Rated 0

Microsoft in talks to buy Yahoo search

Software major Microsoft is in discussions to buy the online search business of Yahoo for about $20 billion, media report says. A few months back, Yahoo had spurned a takeover bid from Microsoft worth more than $47 billion. "Software giant Microsoft is in talks to acquire Yahoo`s online search business for $20 billion(13 billion pounds). The proposal forms the centrepiece of a complex transaction that would see Microsoft support a new management team to take control of Yahoo. B...
Published about 30-11-2008 | Rated 0

Venture Capital investments pour into India, China in Q3

The global economic downturn notwithstanding, venture capital investments have continued to flow into India and China , with both countries witnessing a significant surge in the third quarter this year. According to a study by research firm Venture Intelligence, venture capital investment in India grew 36 per cent at 290 million dollars for the third quarter ended September 30. Meanwhile in Mainland China , VC investments grew 22 per cent to 964 million dollars at the end of the third qua...
Published about 29-11-2008 | Rated 0

Top 5 cos in Deloitte`s 2008 tech fast 500

Hughes Communications Inc., is the fastest growing technology company in North America, followed by Ticket Software LLC, Starent Networks Corp., Abraxis BioScience Inc. and Pure Digital Technologies Inc., according to the 2008 Deloitte Technology Fast 500. The award is a ranking of the fastest growing technology, media, telecommunications and life sciences companies in North America based on percentage of fiscal year revenue growth over five years (2003-2007). "Deloitte`s Technology Fast 500...
Published about 29-11-2008 | Rated 0

Oracle to get multi-million dollar deal for Aircel

IT major Oracle is close to bagging a multi-million dollar IT solutions deal from Aircel. While the exact size of the deal is not known, Oracle has bagged similar contracts from Bharti Airtel, Vodafone Essar and Idea Cellular. Oracle offers packaged software solutions that deliver end-to-end support for the key business processes for communications companies, from service creation, offer management, and order orchestration, through provisioning and service delivery, to billing, revenue assur...
Published about 29-11-2008 | Rated 0

Virtusa ties up with Vijayawada college

Nasdaq-listed Virtusa Corporation has partnered with Koneru Lakshmaiah College of Engineering (KLCE) in Vijayawada to align its curriculum with IT industry needs and initiate the launch pad training programme at the college campus. As part of the agreement, the company plans to conduct special guest lectures with the goal of enhancing student skills and employability. KLCE students will interact with experts from Virtusa and its faculty will benefit from the company’s training, the company...
Published about 29-11-2008 | Rated 0

`Indian outsourcing companies moving up value chain`

New Delhi: Indian business process outsourcing (BPO) companies are moving up the value chain with an increase in the share of high-end judgement-based work, says a study prepared by leading global information services firm Dun and Bradstreet (D&B). The fourth edition of D&B`s annual study of Indian BPO companies, titled "India`s Top ITeS and BPO Companies 2008", was released here Tuesday. The study is based on a survey covering 440,000 employees of 177 companies, or 63 percent of the Indi...
Submitted by Ajay | Rated 0

Job cuts

SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. HPQ 45.33, -1.64, -3.5%) on Monday said it would cut 24,600 jobs as part of its acquisition of Electronic Data Systems. The job cuts amount to about 7.5% of the combined company`s total workforce. H-P also said it would take a one-time charge of $1.7 billion in its fiscal fourth quarter related to integrating EDS` operations, and that it expects the restructuring to result in annual cost savings of $1.8 billion. H-P shares fell $1.64 Monday to c...
Submitted by Vaseem | Rated -1

Future CEOs may emerge from HR departments

Bangalore: Successful officers from marketing and finance departments were so far finding it easy to make it to the top posts like CEO or COO, but the present time suggests human resource (HR) directors to be having more qualities to take up such prestigious positions. In a tough economic situation companies are more conscious about employee relations and development. Leaders with strong people skills who can drive their work force to achieve high levels of performance are in great demand. A...
Submitted by Ajay | Rated 0