Techies, no more jumping ships; Sign 3 yr bond: PSUs-H Bolem

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SiliconIndia Daily dose Tuesday, May 11, 2010
Top news Techies, no more jumping ships; Sign 3 yr bond: PSUs PSUs such as RITES, National Thermal Power and Steel Authority of India have asked their staff to sign a bond to serve the organization for a fixed number of years because of rising attrition levels especially among technical staff. Tech firms buy more space, 15k jobs coming soon Nearly 15,000 jobs will be coming soon as four leading technology and telecom firms are getting ready to expand their operations at a fast pace. 3 Indian firms among world's top 10 best outsourcing providers Gartner foregrounds intricacies of IT organizations	Business Cognizant acquires London-based PIPC Cognizant, a provider of IT, consulting and BPO services, announced it has acquired The PIPC Group, a global program management consulting firm. The terms of the transaction were not disclosed. Wipro reshuffles leadership Wipro Technologies has appointed Ayan Mukharji as the Global Head of Product Engineering Services group and Jeffrey Heenan Jalil as the Head of Europe operations. Valuemart bags $4.5 Million deal from UAE Warren Buffet plans to foray into the Indian insurance market
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Technology Now, software that can hire, pay employees An Australian website is using software algorithms that allow computers to automatically recruit, hire and pay employees to do a wide range of tasks. Govt. to develop a internal software to control cyber attacks After growing worries over the cyber attacks on the Indian establishments, the government has planned to develop its own software and end the dependence on foreign operating systems and anti virus products. Apple develops Gianduia, a Flash alternative HP to replace glass displays with plastic	Real estate city Sobha Cinnamon luxurious 3 BHK apartments with world-class amenities Close to work place, no stress of driving to and from work. Off Sarjapur road, Bangalore. Designer villas with sustainable Architecture Eco-friendly Homes 2400 sq feet, to 2700 sq feet and a really luxurious 3600 sq feet of spaces Sobha Chrysanthemum BDA approved Luxury 3 BHK apartments Super built up area 1716 sqft to 1867 sqft. Located at Thanisandra, Bangalore HM Symphony, 2/3 BHK luxury apartments at Rs. 41.5 lakhs onwards 2 BHK size starts at 1317 sq ft & 3 BHK 1479 sq ft onwards, Off. Sarjapur Rd, Bangalore
Duplex Luxurious villas ready for possession in Hosur Villas built on plots ranging from 1500 sft to 3300 sft, price starts at Rs. 35 lakhs.	2/3 BHK Fair price homes starting at Rs. 23 lakhs onwards N-Bangalore 2 BHK size ranging from 920 sq ft to 1240 sq ft & 3 BHK 1190 sq ft to 1250 sq ft.
Finance Sensex surges 561 points on strong global cues The Sensex saw a gain of nearly 561 points by tracking higher Asian stocks following the decision by European Union to offer a major rescue package to contain high public debt in the Euro zone area. Banks, insurers may join the new Pension System The new Pension System will increase its presence with many banks, insurance companies, Konkan Railway and Damodar Valley Corporation expected to put their retirement corpus into the contributory pension scheme. UTI Gold Exchange Traded Fund tops MFs last week Ramco Systems shares ascend 10 percent	Featured communities Health and Fitness association Community for Health and Fitness association, it is the Professional platform to share your knowledge and thoughts about the Health and Fitness. This is the place where you can express your views, thoughts and importance of Health ... Adequate Online Marketing and SEO Its a group of SEO professionals is viewing to establish their on line presence in more areas. Focused on the integration of sponsored and organic search marketing like SEO & PPC which are relevant to the on line marketer.
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Featured institutions International School Of Management Excellence - ISME, Bangalore ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management - PGPM IBS Icfai Business School - Hyderabad IBS Icfai Business School Hyderabad offers high-quality programs in different areas of management to a wide cross-section of students, executives and professionals across India.	Magazine Cover Story Passion for business process management stimulated Venki Muthanna to found AppPoint in 2005.The firm is upbeat about the market potential for their solutions and they ... Top 10 Lessons for an Entrepreneur Entrepreneurial success is all about innovative thinking and breakthrough ideas. The success usually comes through great execution, simply by doing a superior job of doing the blocking and tackling.
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Featured questions Why does the Kidney reduce in size due to frequent drinking? Kidney stones typically leave the body by passage in the urine stream, and many stones are formed....... How to became a good manager and managerial skills required? A perfect manager is a boon for any company. A good manager needs to have a strong knowledge about the.......	Humor of the day Common Sense is Not so Common... There came a big flood, and the water around Bhola's house was rising steadily.. Bhola was standing on the porch, watching water rising all around him, when a man in a boat came along and called to Bhola, Never Lie to your Wife This man was sitting quietly reading his paper one morning, peacefully enjoying himself, when his wife sneaks up behind him and whacks him on the back of his head with a huge frying pan.
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Startup city Ashvin Kumar co- founded Blippy raises $11 Million siliconindia news bureau Blippy, a California-based service provider of credit card transactions, has raised $11 million in Series B round of venture funding. 22 yr old Indian revolutionizes recruitment process siliconindia news bureau Walking down the roads of Bangalore, the 22-year old Gaurav Jain saw a place bustling with young boys and girls holding big files. And on enquiring, a boy standing at the end of the queue replies..	CXO Insights Mobiles Churning a Tech Revolution for Consumers Anupam Arya, CEO, Mobera Systems Just a decade ago, in India, mobile phone was a status symbol in the hands of the chosen few. Many aspired for it but could not afford it. Everything that can be Mobile WILL BE Raj Tumuluri, CEO, Openstream The power of mobile usability has brought success to AppStores of various mobile device manufacturers.
BDA approved 3 BHK residential apartments Rs. 47 lakhs Ready for possession by April 2010, area starting from 1537 sq. ft to 1582 sq. ft	Residential apartment at Hosur just Rs. 6.99 lakhs 1,2 & 3 BHK apartment just 5 kms from Hosur Bus Stand. Project starting soon.
Featured jobs Team Lead Project Lead 5 - 8 years Should have experience in any automation tool - Silk, QTP, BPT, Load Runner,Selenium Sr Recruiters 1 - 3 years Analysis of the requirements Test case authoring, execution & management Test automation script authoring	Blogs: Editor's choice WHERE ARE OUR PROFESSIONALS? WHY SHOULD EDITORS OF REKNOWN INTERNET FORUMS, ESPECIALLY CREATED FOR Can You Hear Yourself Lead? Do you find days turning into weeks, which turn into years and suddenly you're not sure where
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Featured mentors Mohan Raj Engineer Mehar Bhagat Director Rajib Chatterjee Manager at Cognizant	What would you like to do today? Invite contacts? Ask a question? Create a blog? Start mentoring? Visit SiliconIndia Your profile is 20% completed The chances of receiving offers and contact requests that match your profile are far higher if you keep all your details on your SiliconIndia profile up-to-date. Profile:Edit
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