In India Engineers day is celebrated and observed on 15th September every year in memory of Sir M Vishweshwaraiah
Wednesday, September 15, 2010
Read About Him
Patni CEO gets Higher Salary than Microsoft's Steve Ballmer
NEW DELHI: Patni Computer Systems, 90 times smaller than Microsoft by revenues, cannot hold a candle to the US software company on most counts. There is one notable exception though — CEO pay.
The cash portion of Patni chief executive Jeya Kumar’s compensation was twice that of Mircrosoft’s Steve Ballmer in 2009. An Australian citizen, Mr Kumar, 55, received Rs12.19 crore for the year to December 2009 compared to $1.26 million, or nearly Rs6 crore, for the fiscal to June 2009 for Mr Ballmer.
Tuesday, September 14, 2010
Himachal Project worth Rs. 100 Crore goes to HCL Infosystems
Bangalore: HCL Infosystems has bagged the Re-structured Accelerated Power Development and Reform Programmme (RAPDRP), which is a 100-crore order from the Himachal Pradesh State Electricity Board (HPSEB).
A state wide solution to establish the baseline data and IT applications for energy accounting or auditing and IT based consumer service centers in 14 towns will be deployed in this project.
Source: Silicon New Network
KASHMIR : Under the Fire Again!!!! Whome to Blame? Politicians or Extremists?
Air services to and from Srinagar have been suspended for three more days. Air services in Srinagar were earlier under suspension since September 3 due to renovation work on the runway, but were otherwise operating from the military airport at Awantipora in Pulwama. The services have now been been stopped due to bad security situation in the Valley.
‘Dabangg’ earns 14.5 cr on Day 1, beats ‘3 Idiots’
MUMBAI: ‘Dabangg’ may not be a great piece of art but the film is set to become one of the biggest blockbusters of Bollywood. The film that opened on Friday at the box office has already beaten the first day collection of Aamir Khan-starrer ‘3 Idiots’ .
It has grossed Rs 14.5 cr on the first day surpassing ‘3 Idiots’ which collected Rs 13 crore on Christmas last year.
Trade analyst said, ‘‘ ’Dabangg ’ is one film that everyone wants to watch because of the hype that Salman created before release. It has generated tremendous curiosity among the audiences . The long festive weekend will also work to the advantage of the film. One really cannot comment on whether it will surpass 3 Idiots’ collection but indications are that the film is going to be one of the biggest hits ever.’’
A lucky Year for Sallu Miya...Isn't it??
Mukesh Ambani can be the richest man in world in 2014: Forbes
"One of the predictions is that Reliance Industries' chief Ambani, who currently has a net worth of 29 billion dollars, pips the world's richest man Mexican businessman Carlos Slim to top Forbes' rich list in 2014," it said.
Ambani's net worth swells to USD 62 billion while Slim is "hit hard by Mexican political, financial chaos," according to the prediction by Forbes.
53-year-old Ambani currently ranks fourth on Forbes' list of the world's billionaires.
Forbes has listed a number of events that could happen over the next 10 years in the field of politics, energy, medicine, finance, society and technology. The publication asked its staff and contributors to forecast some of the "noteworthy events" till 2020.
Source: The Economic Times
Monday, September 13, 2010
India ahead of China in best nations for business
However, the sad part is for a nation that is the second fastest growing economy in the world, India lags behind several developing countries in terms of doing business. Close neighbors Sri Lanka and Pakistan were placed at 83rd and 92nd ranks respectively.
In its fifth annual rankings, Forbes categorized the 128 nations of the world on the basis of property rights, technology, corruption, red tape, investor protection and stock market performance.
Source: Silicon News Network
India's cloud computing market to be worth $1 bn in five years
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| Cloud Computing |
NEW DELHI: The country's nascent cloud computing market, a platform where software applications and related resources can be shared online, is expected to touch USD 1 billion in the next five years, says a survey. "India's cloud computing market will be around USD 1 billion over the next five years," consulting firm Zinnov Management Consulting said in a report.
The cloud computing platform is expected to mainly benefit enterprise SMB (small and medium business), SOHO (small office, home office) and consumer segments.
A recent study, sponsored by IT infrastructure firm EMC, said that rising growth in the digital information space would create a significant market opportunity for both the cloud computing and storage.
Going by EMC estimates, the storage market in India will be over USD 1 billion in the next five years.
Digital information in India will grow from 40,000 petabytes to 2.3 million petabytes (one petabyte equals 1,000 terabytes) over the next decade (2010 to 2020), twice as fast as the worldwide rate.
Friday, September 10, 2010
Mahindra Satyam removes freeze on hiring, to recruit 3,000
This is first time that Mahindra Satyam, the new brand entity of Satyam, will visit campuses to hire talent after the Satyam Computer scam erupted in January, 2009.
The company had to freeze campus hiring after Raju's accounting fraud left it on the brink of collapse.
"We are going to recruit close to 3,000 entry-level associates and at the same, we will look at hiring across various technologies and competencies. We will visit campuses and begin the process from the next month," Mahindra Satyam Head of Recruitment M V Sridhar said.
At present, the company employs about 30,000 people. In April, 2009, Mahindra Group's IT arm, Tech Mahindra acquired a majority stake in Satyam and rebranded it as Mahindra Satyam.
"With the brand Mahindra Satyam winning back clients and getting repeat business from existing clients, we think this is the right time to visit the campuses and hire talents," Sridhar said.
Working with renewed vigour under trying circumstances, Mahindra Satyam has secured nearly 35 new clients over the last 20 months since the Satyam scam broke out in January, 2009.
The company had also secured an extension of contracts with existing clients such as GE and GlaxoSmithKline. It has also worked on projects including the Fifa World Cup.
Mahindra Satyam was the 2010 FIFA World Cup official IT services provider.
Economic Times
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