India job scheme 'disappointing'
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India's most ambitious scheme to reduce poverty has disappointing results in its first year, studies suggest.
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BANGALORE, INDIA -- As hiring picks up in Bangalore, India, the city's software professionals are again acquiring the spoiled-brat image they had in the late 1990s, when the dot-com boom increased staff requirements at Indian outsourcing companies.
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Directors Rituparno Ghosh and Vishal Bharadwaj are disappointed with the National Awards.
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The most dynamic, future-oriented industries are having trouble finding qualified employees.
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Financial markets were hit hard by a disappointing jobs report.
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Governments cannot prevent inexorable job migration
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As companies continue to hire thousands of skilled workers in India at lower levels, signs point to a talent shortage that is becoming acute at the high end.
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(InfoWorld) - Indian chief information officers (CIOs) are finding it harder to recruit staff because of large-scale hiring by the countryâs outsourcing industry, a Gartner researcher said Monday. Indiaâs top IT services providers, focused on the global market, are regarded as the best employers, and get the best IT staff in the country, said Partha Iyengar, research vice president at Gartner, in a conference call. Indian user organizations are hence finding it very difficult to attract and retain technical staff, particular in the middle management, Iyengar said. A large number of Indian and multinational services companies have set up services delivery operations in India, and hire staff by the thousands each quarter. The problem for user organizations may only get worse as outsourcing companies start hiring business line managers as well to build their vertical industry expertise, Iyengar added. As large Indian outsourcers grow in revenue by 30 to 40 percent each year, they will hire business managers from the banking, manufacturing, and retail industries, bringing business knowledge that can be integrated into their services offerings, he added. This movement of business managers from the user industry to outsourcers will make it more difficult for CIOs to complete projects, as companies will have fewer business staff available to participate in the project, according to Gartner. India is fastÂ emerging as a key marketÂ in the Asia-Pacific region for outsourcing contracts, according to outsourcing consultancy firm, Technology Partners International Inc. (TPI) in Houston, Texas. Of the total value of contracts awarded in the region last year, Indian customers accounted for 24.8 percent, TPI said. That puts the country ahead of China with a 4.4 percent share, but still behind Australia at 32.4 percent and Japan at 26.8 percent, Peter Allan, a partner at TPI said Monday. Faced with shortage of staff, Indian user organizations are looking to outsourcing IT functions. But Indian outsourcing companies have not shown great interest in this business, as they are more focused on more lucrative business abroad, Gartnerâs Iyengar said. Multinational service providers like IBM andÂ AccentureÂ have bagged some of the larger contracts, but that still leaves a large number of Indian companies with smaller outsourcing contracts, who canât find a good service provider, Iyengar added. Indian IT spending is growing at a five-year compound annual growth rate (CAGR) of 14.8 percent, the highest in the Asia-Pacific region, to over $36 billion by 2009, Gartner said. This increase comes from rising expectations from businesses for IT to play a larger role in growth, efficiency and competitive advantage, it added.
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Malaysia, which relies heavily on foreigners for menial work, has frozen the recruitment of workers from India, an official said Tuesday, in a move apparently linked to unrest among the country's ethnic Indian citizens
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Malaysia, which relies heavily on foreigners for menial work, has frozen the recruitment of workers from India, an official said Tuesday, in a move apparently linked to unrest among the country's ethnic Indian citizens.
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Insurer Royal & Sun Alliance is to transfer 1,100 UK jobs to India, leaving the company's 680 Sunderland staff in fear for their future.
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THE HAGUE, Jul 6 (IPS) - The European Union's trade policy has been  condemned as "predatory" by a leading anti-poverty  campaigner from India.
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India is accused of "protectionism" amid claims a UK bank was blocked from opening a rural network.
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Federal managers use outdated and ineffective tools to assess the talent of job applicants, giving rise to the widespread hiring of workers whose skills are poorly matched to their duties, according to a report released yesterday.
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Royal &amp; Sun Alliance, the UK&#39;s second biggest insurer, today incurred the wrath of unions by announcing plans to move more than 1,000 jobs to India.
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Business & money: Â·  Indian group attacks 'licence to underperform' Â·  Claim that money for good causes is 30% short
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The US jobless rate dropped in November, but analysts are surprise and disappointed by the weak job creation numbers reported by the US Labour Department.