Wipro, once the third largest Indian IT services company has not had a good few years. Senior executive departures, organization restructuring and the latest financial ...Read More »
Who can forget about India’s biggest corporate scam – the Satyam scandal – which shattered the peace and tranquility of the company’s stakeholders including its ...Read More »
Yes, L&T after receiving the SEBI nod will start selling its stake in Mahindra Satyam erstwhile Satyam Computer Services with an aim to complete the ...Read More »
Figure out a few of the headlines in recent times,
â€œ18,000 People On The Bench At Infosysâ€
â€œMahindra Satyam places 500 associates on benchâ€
Not that this practice is something new, but it has never ceased to riddle me. Moreover, in the current economic downturn, with companies battling it out to maintain their profitability, these headlines sure signal a cause of worry.
I had wanted to write on it for quite sometime, but it was not until that I read this piece by Sramana Mitra who is asking what these 18,000 people are doing (Infosys Headline).
Not sure if I can answer this, since I was lucky enough to be un-benched quite early after joining the job. But, I have had my experiences and the ones I gathered from people around me. And believe me, they are anything but nice.Read More »
These two acquisitions were the cynosure of all eyes in the past years. Is the world looking at these big-ticket acquisitions with the same respect? ...Read More »
453 container ships or 11% of global ship capacity is lying idle. With the kind of job’s being shipped overseas at least some of the ...Read More »
Aint that a real shocker? At least to me it is. I know that IBM was the first and foremost vendor delivering hardware and software ...Read More »
When it comes to cost cutting, the immediate measure any organization resort to is firing. Indian companies are not that fortunate. Part of it is ...Read More »
Sensex off late is going in a range bound manner. It is neither optimistic nor pessimistic. Just like investors, sensex is also confused. To add ...Read More »
I could not resist that. I apologize. I also apologize for the Satyam overdose. But, you know none of my feeds are showing anything exciting. ...Read More »