Job Matters
« Previous EntriesRecession Effects: Interns In Demand
Sunday, March 15th, 2009In today’s recession-struck market, where companies are struggling to stay afloat, it’s interns who are considered hot property. Both MNCs and smaller firms find it more profitable to rope in eager interns, instead of paying fancy pay cheques to experienced employees.
Global Economy Crisis: Layoff Tracker In The Technology Sector
Sunday, November 16th, 2008The economic downturn that has resulted in tens of thousands of layoffs in the housing and financial services sectors is now bearing down on the tech industry. The rapid increase in job losses follows an increasingly pessimistic spending forecast. Job cuts in the tech sector have surged as the economic outlook has become bleaker.
To […]
Economy Slowdown: Job Cuts Loom Large
Thursday, October 23rd, 2008The country’s job market is about to come to a standstill with a freeze on hiring in the organised sector, a staffing services firm’s report released on Monday said.
IT Downturn: Honeymoon Is Over
Monday, September 22nd, 2008The honeymoon is over for IT professionals in Hyderabad with the employer turning king, finally. The kid glove treatment that professionals have been used to over the last few years is now fast becoming a thing of the past with the global financial crisis over the last one week snowballing into stricter working conditions in […]
ICICI Cutting Costs Aggressively
Sunday, August 24th, 2008Caught in an atmosphere of uncertain growth and rising costs of essential services, India’s largest private sector bank is cutting costs aggressively. ICICI Bank is shifting thousands of jobs from Mumbai to Hyderabad. The bank is also cutting down on banking hours in several branches and curbing staff reimbursements such as phone and conveyance bills.
Realty Sector Attracts B-school Grads
Friday, July 4th, 2008Real estate developers like Lodha, DLF, Unitech and Raheja have begun ramping up their presence in B-school campuses in the last two years in a move to have a more professional image.
Kenexa Opens $10m Software Development Center In Vizag
Thursday, May 22nd, 2008Â Photo courtesy of Kenexa
Kenexa Corp., an American firm that specializes in helping other companies attract and retain employees, has expanded its footprint in India with the recent opening of a new $10 million software-development center in the eastern Indian port city of Visakhapatnam.
United States Of Ameerpet
Monday, May 19th, 2008This is an article published on Eenadu News Paper. I kind of liked it, as this article brings back many memories for many amongst us…certainly for those to whom ‘HUDA Mythrivanam’ rings a bell !! Read on…
Corporate Flying Set For Liftoff
Sunday, May 18th, 2008The glut of pilot aspirants in India is now an old story. But, with many flooding the market, are there any job avenues for them? General aviation is one. Especially the world of corporate/charter flying, a sector often ignored by pilots in their pursuit of a glamorous job in commercial airlines.
IT Hirings May Drop
Sunday, May 11th, 2008It is no longer left to conjecture. The recruitment projections being made by leading Indian IT companies clearly show a 10-20 per cent drop in the number of people likely to be hired by the industry in the current fiscal year (FY) compared to the previous year.
The $ 64-billion Indian software and services industry added […]
Mann sets up centre in city
Friday, May 9th, 2008Mann India Technologies, a pro-vider of IT modernisation solutions and mobile transaction services, on Friday announced the opening of their new research and development (R&D) facility in Hyderabad.
Job growth in Hyd’bad, Pune faster than Delhi
Wednesday, March 12th, 2008There’s a good reason for people in small towns and villages to not flock to mega cities like Delhi and Mumbai — and it has nothing to do with Thackeray-style son-of-the-soil politics.
In percentage terms, Tier 2 cities like Hyderabad, Pune and Bhubaneswar are creating more white-collar jobs than the old employment hubs of Delhi, Mumbai […]
25% pay hike for realty sector seen
Tuesday, February 19th, 2008The realty sector is projected to witness the highest salary rise in 2008 in India, even ahead of retail and telecommunications industries, says a survey.
The real estate is expected to record a salary hike of 25 per cent this year, though marginally less than 25.2 per cent seen in 2007.
Satyam lines up Rs 800 cr investment in SEZs
Tuesday, February 19th, 2008Having received clearance to set up five special economic zones (SEZ) - two in Hyderabad and one each in Nagpur, Chennai and Vizag - Hyderabad-based Satyam Computer Services will invest $200 million, or around Rs 800 crore, in the first phase of development.
Andhra to have 8mn new jobs by 2015
Sunday, February 10th, 2008The Confederation of Indian Industry (CII) envisages that Andhra Pradesh will have 7.5-8 million new jobs to offer by 2015, considering the likely improvements in the state’s economic output and labour productivity.
Stem cells research centre for Hyderabad
Thursday, February 7th, 2008A Rs 150-crore Stem Cells Research and Therapy Centre will come up in Hyderabad, to harness the big potential offered by stem cells in finding cures to major diseases.
The Vice-President, Mr Mohammed Hamid Ansari, would lay the foundation for the proposed facilities that are to come up on a 5-acre land on the outskirts of […]
Rockwell Collins to open centre in Hyderabad
Thursday, February 7th, 2008Rockwell Collins, leader in the design and support of aviation electronics will set up its design and development centre in Hyderabad hiring the local talent. The centre to be located in Madhapur will start its operations from October this year.
Novartis to up Hyd headcount
Tuesday, January 29th, 2008Swiss-based multinational pharmaceutical company, Novartis, is planning to ramp up the manpower at its Hyderabad centre to 1,000 people from the present 300 in the next 18 months even as it has withheld R&D plans owing to its reservations about the Indian patent law.
ITC setting up new facility in Hyderabad
Friday, December 28th, 2007To produce elemental chlorine-free paperboards.
ITC Limited is setting up a 25,000-tonne per annum capacity facility at a cost Rs 35 crore at its Bollaram unit in Hyderabad for production of elemental chlorine-free (ECF) paperboards to be used for manufacture of paper cups.
Brandix Apparel City to go on stream next year
Thursday, December 20th, 2007Brandix India Apparel City (BIAC) at Atchyutapuram in Visakhapatnam district, awarded the SEZ status, will start commercial production by the second quarter of 2008-09 financial year, according to Mr Reshan Wickramasinha, Chief Executive Officer.
DQ Entertainment sets up third tech centre
Tuesday, December 18th, 2007Gaming, animation and visual effects services provider DQ Entertainment Ltd (DQE) on Saturday announced the launch of their third animation-and-technology centre to be located in the Hitech City here.
AMI Industries opens centre in Hyderabad
Friday, December 14th, 2007AMI Industries (I) has announced the launch of its R&D centre in Hyderabad to focus on automatic identification and data capture (AIDC) and radio frequency identification (RFID) technologies.
Caparo seeks land to set up units in Andhra
Monday, December 10th, 2007The UK-based Euro 1-billion Caparo group has recently made a formal request with the Andhra Pradesh government for allotment of about 1,500 acres of land to set up auto and aerospace component manufacturing units in Nellore district.
Retail management academy for Vizag
Monday, December 10th, 2007Vizag will soon have a retail management academy in the private sector offering post-graduate courses, accredited by the Andhra University (AU), announced Confederation of Indian Industry (CII) Chairman (Southern region) Pradipta K. Mohapatra here on Monday.
Apache`s SEZ appeal in rural Andhra
Monday, December 10th, 2007It is an impromptu court at Tada, a village in the Nellore district of Andhra Pradesh. A group has collected on the sidewalks of the highway connecting Chennai with Kolkata, between vast expanses of paddy fields on either side.
Apollo Health City eyes more foreign patients
Friday, December 7th, 2007Apollo Health City, the first health city in Asia launched by the Apollo Hospitals Group in Hyderabad, expects the inflow of foreign patients into its campus to double by the end of this financial year, as against the expected annual growth of 20 per cent nationally, according to its chief executive officer Hari Prasad.
Eisai unit coming up in Pharma City
Friday, December 7th, 2007Eisai Pharmatechnology and Manufacturing Private Ltd. (EPM) on Thursday celebrated its ground-breaking ceremony held earlier this week for new manufacturing and research base in India on a 50-acre plot in Jawaharlal Nehru Pharma City Special Economic Zone near here.
Vitesse to invest $3 million in IDC
Friday, December 7th, 2007US-based semiconductor company, Vitesse, announced here on Friday plans to ramp up its India Design Centre (IDC) here by investing US $ 3 million this year.
Osmania University to set up BPO centre
Wednesday, December 5th, 2007Osmania University is setting up a Business Process Outsourcing (BPO) centre and an attached finishing school with the help of Nipuna, a sister-concern of Satyam group in order to equip students with the skills necessary for employment in the ITES sector.
DuPont doubles investment for Hyderabad R&D centre
Tuesday, December 4th, 2007U.S. chemical maker DuPont Co will double its previously announced investment in a planned R&D centre in Hyderabad to 2 billion rupees ($51 million) over 2 years, a senior official said.
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