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About 13 results for "it bpo"

IT firms only need to get their mojo back

India's IT, BPO story isn't over yet, believes Ganesh Natarajan. IMAGE: There is life in the old dog yet, and the industry is fully capable of finding a way back to the growth trajectories that made it the darling of stock markets for two decades, says the author.Photograph: Reuters.   A busy month of quarterly and annual results have served to underline what we have all known for some time -- the information technology (IT) and business process management services industry is changing ... Rediff.com, 3 weeks ago

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Rediff.com

'The gig economy is going to be the future'

'You will see more and more people working independently -- starting beauty parlours, driving cars, etc.''This is what we call the gig economy.''The same people who have been laid off in India or are unable to get visas to work in the US may be part of this gig economy.''India needs billions of jobs, and it can only be created by self-employment or the gig economy.' When will the jobs come back, Mr Modi? IMAGE: India needs billions of jobs, and experts believe it can only be created by ...
 Rediff.com4 days ago

Scale to skill: The mantra Indian IT needs

Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report. Illustration: Dominic Xavier/Rediff.com An audio clip of a Mumbai-based employee at Capgemini, the French information technology (IT) services entity, fighting with the personnel officer to retain her is an indicator of the human cost of the changes under way in the sector. The clip has gone viral on social media. One ...
 Rediff.com1 week ago
Rediff.com

Don't panic, outlook for Indian IT sector is optimistic

Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota. There has recently been a lot of angst about the Indian information technology (IT) industry.  The anxiety has centred around two themes: Is the $150-billion industry, which is about seven per cent of Indian gross domestic product (GDP), now heading for a period of stagnation? The impact of the above and other global developments such as ...
 Rediff.com3 weeks ago
Rediff.com

Mr Modi, where are the 10 million jobs you promised?

It is necessary that at least three million additional jobs (if not more) are created every year to ensure that there isn’t an increase in the stock of unemployed, says Mahesh Vyas. A common thread running through most current assessments of the government completing three of its five years in office is that it has failed to create the jobs that it promised. Apparently, the government had promised 10 million jobs per annum. That was, perhaps, a tall order. The unemployed in the country ...
 Rediff.com3 weeks ago
Rediff.com

Job cuts: Wipro explains why it's important to re-skill employees

'A clear shift has happened from managing demand to creating demand. The second is this industry is based on talent and that talent is mobile. Earlier we used to learn about new technologies, now it is a matter of survival.' 'People who are good and doing well, they are not bothered because the demand from them is very high.' India's technology services firms are facing their worst period in a decade. The industry is facing technology and business shifts, impacting their growth and their ...
 Rediff.com1 month ago
Rediff.com

'Government is not focussing on job creation'

'If jobs do not happen, the demographic dividend we have will become a demographic disaster.' With the United States changing its H-1B visa rules, will India's information technology sector suffer, or will it turn out to be an opportunity for it to rediscover its true strengths? Financial wizard V Balakrishnan -- former chief financial officer, Infosys -- below, left, discusses the challenges confronting the Indian IT industry, the annual need for 15 million to 20 million jobs and more in a ...
 Rediff.com1 month ago
Rediff.com

Small IT firms to step up hiring in US

To increase local talent mix in the US like their major peer Infosys India’s small and mid-sized IT services companies are planning to increase local talent mix in the US like their major peer Infosys. The Bengaluru-based Infosys announced its plans to hire 10,000 US citizens in two years and set up four innovation hubs there. While companies such as Zensar Technologies, Persistent Systems are planning to increase the mix of US citizens at their local delivery centres, Infosys’s ...
 Rediff.com1 month ago
Rediff.com

Cognizant to significantly expand local hiring in US

Firm to prune domestic costs through initiatives such as voluntary separation Cognizant Technology Solutions plans to sharply increase local hiring in the US this year with increased demand for co-innovation and on-site presence from clients. The Nasdaq-listed technology services major said it would look at talent across local community colleges to big management universities to man different projects in the US. Last month, when the United States Citizenship and Immigration Services opened the ...
 Rediff.com1 month ago

Has the promise of 'sabka vikas' failed?

While the widespread feeling is that employment growth has been sluggish, some argue that, since sabka vikas slogan will most probably not deliver, Mr Modi and the BJP are going in for an unambiguous strategy of Hindu consolidation, says Subir Roy. Illustration: Dominic Xavier/Rediff.com. How has the National Democratic Alliance government delivered on the promise of sabka vikas (inclusive growth) that is widely considered to have brought Prime Minister Narendra Modi to power in 2014? This is ...
 Rediff.com1 month ago
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