As was being expected, Barack Obama finally fulfilled his promise of formulating policies that will discourage “Outsourcing”, so that there are more job opportunities in the United States. So what is this policy?
Barack Obama finally initiated a bill that is still pending approval at the US Congress, is aimed at providing tax-cuts to companies that operate within US and imposing higher taxes and removal of tax benefits to US companies that outsource business to countries like that of India. While announcing this President Obama did not forget to make special mention of Bangalore. But is this policy going to work?
The United States of America is already reeling under severe economic recession. Quite a few of its top companies...
Finally there is some respite for the employees of Satyam. They were hanging in imbalance till about a few weeks back. All of a sudden TechMahindra came in and won a bid for their takeover and breathed fresh and new life into the otherwise dying organization.
What had happened to Satyam? Was it so weak that it would disintegrate, just because one Mr.Raju decided that he had made enough fool of everybody. Satyam is not that weak an organization. When Mr. Raju set up Satyam he gave it a meaningful name, but he couldn’t live upto it. Still he had built a huge organization on the foundation of truth which is why it was able to acquire huge businesses from...
As Satyam plunged into a deeper crisis with its founder and former chairman, B. Ramalinga Raju confessing to a financial fraud and later being arrested, the fate of thousands of employees at Satyam and its subsidiaries were hanging in imbalance. At this point of crisis there would be nothing more that general advice that anyone could offer these employees. Stay calm and monitor the situation. Things should settle down very soon. The kind of company Satyam was, with its magnitude and presence, there would certainly be a bailout that would happen.
Nipuna is the BPO arm of Satyam and has been in business for some time. It has offered stability and growth to its employees, thanks to the kind of...
Finally there is something for the employees of Satyam BPO to rejoice about. Satyam BPO (formerly Nipuna) is recruiting people for its latest business.
As per the latest news, Satyam BPO has finally closed a deal that was in the pipeline for some time and consequently required about 5- additional heads. Hence they have started recruiting for this business that they have just bagged.
“We are recruiting as per requirement for a particular new business which we have bagged recently,” confirmed Manjula Manjotra, head of Global Marketing and Communications (GM&C), Satyam BPO Limited.
“According to the requirements of a client, who has given a new business order, a batch of freshers have been recruited by the company. The brand Satyam...
After quite some time there was encouraging news for the aspirants of a BPO. There was a lot news floating around in the media that there would be quite a few job cuts in the first quarter of 2009 and that the BPO industry’s growth will experience a slow down etc. But the below report from, "The Times of India", quoting the NASSCOM, has something else to say.
{Software and BPO industry body Nasscom on Wednesday said the business process outsourcing (BPO) sector is not in the danger of losing jobs due to the ongoing economic downturn rather a net hirer in the current fiscal. In a statement Nasscom said,
"Media reports suggest that the Indian BPO industry...
