Source: businessstandard.com
A string of IT job portals is being planned by 'IT People India,' the human capital solutions provider, across West Asia, China, US and Europe. The company plans to partner with local players in select countries.
The company runs www.itpeopleltd.com which has a database of 100,000 resumes. Employers and recruitment consultants are charged a fee for accessing this database.
The company is hoping to capitalise on the high attrition in IT sector. Around 7,000 people change jobs in IT and ITES industry every month in addition to fresh recruitment of about 14,000-16,000 people per month in the industry.
Thursday, August 23, 2007
Mobile Banking in India
Source: businessstandard.com
In a report titled,"Mobile Opportunities for the Financial Sector," which was conducted in five countries, the Indian users were found to be more aware of mobile banking than those in other countries. It was found that one of every three Indians, with a bank account, were ready to switch to another bank if offered free mobile banking.
According to the survey, 81 percent of the users surveyed are aware that they can check bank balance on a mobile phone, while 49 percent have used these services in the last three months.
The survey showed that Indian consumers(71 percent) are more aware of the offerings provided by their banks on mobile, as compared to their counterparts in other regions. Almost a half of the Indian respondents checked their bank balance on their mobile phones and 54 percent via internet.
The biggest concern among the Indian users is security while accessing their accounts on mobile phones.
In a report titled,"Mobile Opportunities for the Financial Sector," which was conducted in five countries, the Indian users were found to be more aware of mobile banking than those in other countries. It was found that one of every three Indians, with a bank account, were ready to switch to another bank if offered free mobile banking.
According to the survey, 81 percent of the users surveyed are aware that they can check bank balance on a mobile phone, while 49 percent have used these services in the last three months.
The survey showed that Indian consumers(71 percent) are more aware of the offerings provided by their banks on mobile, as compared to their counterparts in other regions. Almost a half of the Indian respondents checked their bank balance on their mobile phones and 54 percent via internet.
The biggest concern among the Indian users is security while accessing their accounts on mobile phones.
Wednesday, August 22, 2007
Online Directory for Kolkata
Source: businessstandard.com
Kolkata Industries Directory, a web based directory targeted at small and medium entrepreneurs, has been launched by Softweb Information technology Private Limited, a joint venture of Maxworth marketing and Softweb Technology.
The business model of the project is based on the ad revenues. The idea was to give upcoming entrepreneurs a business platform.
Nearly 16,500 entrepreneurs in Kolkata have registered themselves with the site till now and it has earned Rs. 15 lakh till now, even before formally launching the site.
The company has similar projects in Gujrat and Maharashtra which earned Rs 8 crores as profit from advertisements last year.
Kolkata Industries Directory, a web based directory targeted at small and medium entrepreneurs, has been launched by Softweb Information technology Private Limited, a joint venture of Maxworth marketing and Softweb Technology.
The business model of the project is based on the ad revenues. The idea was to give upcoming entrepreneurs a business platform.
Nearly 16,500 entrepreneurs in Kolkata have registered themselves with the site till now and it has earned Rs. 15 lakh till now, even before formally launching the site.
The company has similar projects in Gujrat and Maharashtra which earned Rs 8 crores as profit from advertisements last year.
New mouse to woo gamers
Source: economictimes.com
Microsoft Corp., in an effort to target hardcore computer gamers, is planning to launch a computer mouse specially designed for PC gaming. It allows nearly 5,000 different adjustable settings, including weight, material and touch.
The mouse comes with a small LCD between the thumb and index finger to keep track of game functions and settings.
It has been named SideWinder and will be available from October.
Microsoft Corp., in an effort to target hardcore computer gamers, is planning to launch a computer mouse specially designed for PC gaming. It allows nearly 5,000 different adjustable settings, including weight, material and touch.
The mouse comes with a small LCD between the thumb and index finger to keep track of game functions and settings.
It has been named SideWinder and will be available from October.
Indian IT firms are immunne to subprime crisis
Source: economictimes.com
Indian IT firms are not going to be hit by the US subprime lending crises due to the limited exposure of the firms to clients in mortgage sector.
The report analyzing the impact of subprime lending on Indian IT services said that majority of the business derived by the Indian companies comes from financial and banking industry, but there are a few clients who are in mortgage processing or subprime business, comprising only about 1 percent of the revenue(as clarified by all large caps companies).
Meanwhile,WNS Holdings Ltd. announced that First magnus Financial Corporation has ended its outsourcing contract with it, which has forced WNS cut its earnings guidance for the fiscal year 2008. Nearly five percent of its revenue comes from US-based First Magnus.
Indian IT firms are not going to be hit by the US subprime lending crises due to the limited exposure of the firms to clients in mortgage sector.
The report analyzing the impact of subprime lending on Indian IT services said that majority of the business derived by the Indian companies comes from financial and banking industry, but there are a few clients who are in mortgage processing or subprime business, comprising only about 1 percent of the revenue(as clarified by all large caps companies).
Meanwhile,WNS Holdings Ltd. announced that First magnus Financial Corporation has ended its outsourcing contract with it, which has forced WNS cut its earnings guidance for the fiscal year 2008. Nearly five percent of its revenue comes from US-based First Magnus.
The world is going Wi-Fi
Source: economictimes.com
Wi-Fi Alliance, a non-profit industry association devoted to promoting the growth of wireless local area network, announced that Wipro Technologies will serve as an authorised test laboratory for wi-fi enabled products.
Wipro facility will enable the members of Wi-Fi Alliance to reduce the time-to-market of their product range.
The market for wi-fi devices in India is expected to exceed $744 million by 2012 as more and more consumer products incorporate wi-fi technology.
Wi-Fi Alliance, a non-profit industry association devoted to promoting the growth of wireless local area network, announced that Wipro Technologies will serve as an authorised test laboratory for wi-fi enabled products.
Wipro facility will enable the members of Wi-Fi Alliance to reduce the time-to-market of their product range.
The market for wi-fi devices in India is expected to exceed $744 million by 2012 as more and more consumer products incorporate wi-fi technology.
Career options in hardware/networking
Source: businessstandard.com
A hardware professional, with a starting salary of around Rs 2 lakhs per annum, can expect to earn as much as Rs 10 lakh per annum once he has two to three years of experience, depending on his capability.
It is an attractive career option for those with a flair for technology.
A study by MAIT(Manufacturers' Association of Information Technology) forecasts that manpower requirement in the hardware and networking industry would go up to 2 million in 2008, from a couple of thousands right now.
A hardware/networking student can find jobs in hardcore IT companies like Dell or Microsoft, he can also find jobs in various industries like manufacturing, BPO, Retail, Media, Animation and Entertainment.
A hardware professional, with a starting salary of around Rs 2 lakhs per annum, can expect to earn as much as Rs 10 lakh per annum once he has two to three years of experience, depending on his capability.
It is an attractive career option for those with a flair for technology.
A study by MAIT(Manufacturers' Association of Information Technology) forecasts that manpower requirement in the hardware and networking industry would go up to 2 million in 2008, from a couple of thousands right now.
A hardware/networking student can find jobs in hardcore IT companies like Dell or Microsoft, he can also find jobs in various industries like manufacturing, BPO, Retail, Media, Animation and Entertainment.
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