Accentia to add 2,000 jobs at techno-lodges

The Kerala IT department’s decision to roll out techno-lodges, making IT infrastructure available at the panchayat level, has drawn instant interest from the industry, with Accentia Technologies announcing that it intends to add 2,000 jobs to be based out of these techno-lodges. Accentia CEO Pradeep Viswambharan said his company planned to create these jobs across the villages of Kerala where the IT department and the local panchayats would develop requisite infrastructure for the IT indus...
Published about 17-11-2009 | Rated 0

Birla Corp to lay off staff at vinoleum division

Birla Corp, the flagship company of the MP Birla group, has informed stock exchanges that a "layoff" would take place at its vinoleum division from Tuesday. "Birla Corporation Ltd has informed BSE (Bombay Stock Exchange) that a layoff has been declared with effect from November 17, 2009 at the company`s unit, Birla Vinoleum, Birlapur on account of lack of demand of the product," it said in a statement. Birla Corp is present in cement, jute, auto trim products, vinoleum, carbide and gases, ...
Published about 17-11-2009 | Rated 0

Bad bosses can be good for economy

New Delhi: Pay cuts, layoffs and unemployment - recession couldn`t have been worse. On top of this if you have a bad boss you might have a tough time surviving. But an expert is claiming that bad and evil bosses are better suited for recession. Scott Adams, the Creator of Dilbert, the cartoon strip that adds a comic element to 2,000 solemn newspapers across 70 countries, has discovered merit in evil bosses. Adams is convinced that difficult bosses can be good, as they help spawn entrepreneurs...
Published about 17-11-2009 | Rated 0

Master technology first; be a manager later: Infosys

Infosys Technologies has decided that its staffers must have at least six years experience in technology responsibilities before being asked to head a project. This is the latest move in a process that began 18 months earlier, after clients had complained that its project heads didn`t seem to have enough of technological skills. This requirement is in turn, because of the industry`s high growth, and the pace of attrition in the sector. Many employees were being given managerial responsibi...
Published about 16-11-2009 | Rated 0

Patni to bring 2007-08 campus recruits on-board

Software exporter Patni Computer Systems expects to complete the process of bringing on-board the campus recruits of 2007-08 latest by March next year. Rajesh Padmanabhan, Executive Vice-President and Global Head of Human Resources, Patni, said that the company had never frozen its hiring programme, despite being hit by the economic slowdown. As reported by Business Line, the recruits have been waiting to join the Mumbai-based company ever since they passed out in June-July 2008. "Out of the...
Published about 16-11-2009 | Rated 0

Banks in India bar engg grads from being entrepreneurs

Indian engineering graduates, even from the top-ranked institutes, are finding it difficult to realize their dreams of entrepreneurship in the absence of specific schemes by banks to finance their ventures, according to an Assocham survey. The management graduates in the country are feeling the same heat. "Over 50 percent of the graduates surveyed blame commercial banks for not floating the schemes to finance the entrepreneurial skills in them to set up their own ventures, and are left on pla...
Published about 16-11-2009 | Rated 0

Honeywell looks for hiring 1,000 people next year

NEW DELHI: Business conglomerate Honeywell said on Sunday that it is considering to increase its India headcount by about 1,000 employees next year as it expects growth to bounce back in line with global economic recovery. The company is also planning to provide bio-fuel technology for the country`s airlines industry. "This year the growth has been flat, but still we are hiring 500-700 people for the entire group in India. Next year we should recruit about 1,000 people as our domestic bas...
Published about 16-11-2009 | Rated 0

Finance firms lead recruitment in IIM-C summer placements

Kolkata: As many as 61 Indian Institute of Management-Calcutta (IIM-C)students got internship offers abroad with 43 percent landing up jobs in banks and equity firms, during summer placements conducted by the institute this month. The placements - a course requirement that expects every student to complete a two-month industry internship during the summer vacation between two years of the course - were held at the campus here Nov 4 -11 with all the 407 students of the 2009-11 batch getting of...
Published about 16-11-2009 | Rated 0

TCS, Dow to form business alliance to create jobs in U.S.

Mumbai: Intending to create jobs in the U.S., India`s largest software services exporter Tata Consultancy Services (TCS), has announced plans to form a business alliance that will provide critical business services to Midland Michigan, U.S. based Dow, a diversified chemical company, and its subsidiaries and joint ventures. As part of this alliance, Dow and TCS are planning to build a new service centre at a site near Dow`s global headquarters, which would result in creation of jobs. Also, the...
Published about 16-11-2009 | Rated 0

The seven types of recession-era employees

How has the global downturn affected employees` psyche? In an interesting categorisation of employees` behaviour in these recessionary times, Canada`s world-famous Queen`s School of Business at Kingston near here has clubbed them into seven groups. According to Douglas Reid, who is an associate professor of global business at Queen`s School of Business, employees in recession-era workplaces typically fall into the seven broad categories. He lists them under new terminology, with the Ter...
Published about 12-11-2009 | Rated 0