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Smaller IT firms too freeze hiring outlook

Published December 2, 2008, 11:11 am, Business Standard India

While information technology (IT) biggies like Wipro Technologies, decide to go slow on campus hiring, Kolkata-based small and medium IT companies too have nearly halved their hiring outlook for the next few quarters. Salary hikes too would be hit.

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RIL suspends operations at 4 units in Vadodara facility

Published December 2, 2008, 11:09 am, The Hindu

Kolkata, Dec. 2 Reliance Industries has suspended operation of four units at the Vadodara petrochemicals facility (formerly IPCL complex) in Gujarat, according to sources.

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Wipro offers campus recruits job switch

Published December 2, 2008, 11:09 am, The Hindu

Bangalore, Dec. 2 Wipro Technologies, the third largest software exporter, has given an option for engineering recruits to join its business process outsourcing (BPO) division to offer technical support services, indicating a slowdown in new IT services contracts.

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Omkar Goswami

Published December 2, 2008, 11:09 am, Business Standard India

In an open letter to the Prime Minister, says our governments have created a state that is completely unprepared to deal with growing terrorism.

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Wipro may go slow on campus hiring

Published December 2, 2008, 11:08 am, Business Standard India

Wipro Technologies, the country's third largest software services exporter, today said the company might go slow on its campus-hiring plans till demand picks up.

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'CSE to focus on smaller companies'

Published December 2, 2008, 11:07 am, Business Standard India

After the Calcutta Stock Exchange (CSE) completed its demutualisation process last year, several entities, including the Bombay Stock Exchange, picked up stakes, coming to a total of 52 per cent, in the exchange.

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Bihar power projects facing bottlenecks

Published December 2, 2008, 11:06 am, Business Standard India

A massive Rs 50,000 crore investment has been lined up to set up new thermal power stations in power-starved Bihar, setting the stage for rapid industrialisation.

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WEB EXTRAS

Published December 2, 2008, 11:06 am, The Hindu

OUTLOOK: United Bank eyes 20% growth in biz Kolkata, Dec. 2 United Bank of India (UBI) targets 20 per cent growth in business in 2008-09 over Rs 75,000 crore achieved in ...

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LOGISTICS

Published December 2, 2008, 11:05 am, The Hindu

RAILWAYS: Freight charges for coal, cement up Moving cement and coal by rail will be expensive by about 7.1 per cent from December 8. Indian Railways has raised the freight classification for movement of cement, coal and coke to 150 from 140. The Railways recorded a marginal dip in ...

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INDUSTRY & ECONOMY

Published December 2, 2008, 11:05 am, The Hindu

EVENTS: Terror attack aftermath: Meetings, conferences grind to a halt CANCELLATIONS GALORE. India’s 26/11 seems to be going New York’s 9/11 way.

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