Tag Archives: Recession

A Management Degree after engineering is a much sought-after option for pursuing post-graduation. But what relevance does an MBA have to the highly technical skills of a professional engineer, and is there a need for engineers to pursue MBA? If you have an engineering degree, an MBA gives you more exposure to business-related topics you didn’t come across in engineering …

Even as software giants like Infosys are not too sure when the US economy would start recovering, the tiny southern State of Kerala is exuding confidence that things have already started looking up and in three to five years, and the sector would be back on gravy train “This time last year, situation was very gloomy. But now, it is …

India’s National Association of Software Companies is struggling to convince members of Unites Professionals, the fledgling but fast-growing information technology labor union, that the IT industry is not resorting to large-scale job cuts, nor is it facing an unstable future. The labor union has claimed that software companies are adopting a number of “unfair means” to cope with the economic …

Recession should not threaten the new generation; instead, it should be taken as an opportunity to practise new principles and acquire new skills,’’ said Finance Minister Thomas Isaac. He was delivering the convocation address at the Asian School of Business (ASB) in  Technopark It is sure that prospects shrink. However, opening up of the geographical boundaries of the European markets …

Kerala IT sector can expect the government to utilize the present sluggish period to build up infrastructure that would be required when the upturn comes, put in place a rent deferral offer, and engineering students can hope to get scholarships for higher studies, According to state IT secretary Ajay Kumar “Things are not as bad in Kerala as in other …

Indians worry that a protectionist sentiment, fanned by election year rhetoric and sluggishness in the U.S. job market, will result in legislation restricting the kind of outsourcing work that has driven India’s tech boom In this email interview with Contributing Managing Editor Shobha Warrier of rediff with Sajan Pillai, the chief executive officer and a founder member of UST Global, …

It is reported that, FlipMedia Pvt Ltd, a technopark based company fired some of their employees recently. They gave pink slips to 10 around 10 out of 40 employees.but there are some arguments are going on from the side of company officials. In a popular forum, one of them said like “We are never happy to fire any one. I …

Digitella, A UK based company operated from technopark has closed down their operations recently. It says like some managerial issues as well as the recession pressure made them to shut down their operations in Technopark. Digitella started its operations before 3 years, and they started as a small team in T-Bic Nila with 18 employees.eventually they acquired more business and …

It is learnt that Infosys, the country’s second-largest information technology services provider, has told its senior managers (project managers, senior and group project managers, delivery managers) to give the lowest performance rating (4 on a scale of 1-4) to the ‘underperforming’ 5 per cent as a part of the company’s consolidated relative ranking (CRR). Though rock-bottom rankings are not unknown …