High demand and shortage of IT skills plaguing tech firms/TCS to hire 60,000 in FY'12-T B Vema

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siliconindia Daily dose Friday, April 22, 2011
Top news Rajaratnam used Indian-American 'corporate spies': Prosecution Hedge fund tycoon Raj Rajaratnam used "corporate spies" including at least three Indian Americans "to conquer the stock market at the expense of the law". High demand and shortage of IT skills plaguing tech firms The increasing shortage of skilled talent in IT, as well as an enormous demand for them has triggered a talent war with higher salaries and retention problems. TCS to hike wages by 12-14 percent; to hire 60,000 in FY'12 Were government agencies sleeping all these years on black money?	Business Boeing has hands full with Indian defence deals of Rs.621.17 Billion U.S. aerospace major Boeing's hands are "pretty full" with Indian defence orders worth Rs.621.17 billion, said a company official. 'Rising inflation, interest rates major concerns' Rising inflation, input costs, oil prices and steep interest rates are the major issues that are threatening the growth momentum of the Indian economy. India's data services market at Rs.11,800 Crore by 2012 India to outpace China as fastest growing nation by 2015: ICICI
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Technology India is 4th lowest in security adoption: McAfee study India is 4th in terms of lowest levels of security adoption after Brazil, France and Mexico, according to a study by McAfee. Microsoft launches the Arc touch wireless mouse Microsoft has launched the Microsoft Arc Touch mouse, a stylish wireless mouse with Touch sensitive surface. Toshiba launches 10.1 inch tablet Samsung launches Notebook series 9 in India	Real estate city Premium luxury apartments off. Bellary road, north Bangalore Rs.3100/- sq ft, available 2.5/3/4 & 5 BHK apartments, just 2 kms from Yelahanka, with best of best amenities How can we cool our homes better than ACs do? Flats ranging from 700 to 2500 sq.ft. Just 7 min drive from Yelahanka Circle towards Doddaballapur road. 3 BHK Luxury Villas, starting at Rs. 56.34 lakhs onwards Highest appreciating residential plots in Bangalore South
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Finance Muthoot Finance IPO subscribed 22.20 times on final day The IPO of India's largest gold financing company Muthoot Finance got over subscribed 22.20 times till 1600 hrs on the final day of the issue. UTI MF declares 1:10 bonus for 3 of its schemes UTI Mutual Fund has declared a 1:10 bonus on the face value of Rs.10 per unit under three of its schemes UTI-Children's Career Balanced Plan. Warren Tea shares up nearly 11 percent Sensex gains 131 pts, led by RIL ahead of its results	Training & Courses IBM Mainframe training from ProEd Training ProEd is an industry leader in providing IBM Mainframe training to retail as well as corporate customers. VECTOR: All India Entrance Test - 22nd MAY. 2011 VECTOR: Embedded/VLSI Training with 100% Placement assistance: All India Entrance Test - 22nd MAY. Click here to Apply!! TimeNet Learning is an ISO Certified institute for CISCO, Microsoft Best training institute for SAP Online training from Industry experts.
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Humor of the day Car brakes fail There was an engineer, manager and programmer driving down a steep mountain road. The brakes failed and the car careened down the road out of control. Half way down the driver managed to stop the car by running it against the embankment. Three Envelopes A fellow had just been hired as the new CEO of a large tech corporation. The CEO who was stepping down met with him privately and presented him with three numbered envelopes.Open one of these if you run up against a problem you don't think you can solve,he said.Things went along pretty smoothly for six months.	The SmartTechie April Issue MicroWorld: Two decades of Securing Enterprises Founded in 1993, MicroWorld with its eScan suite of products has become a prominent player in advanced security solution specializing in AntiVirus, AntiSpam, Content Security and Network Intrusion Prevention solutions. The android mania "Android has hit the world like a massive tsunami and with every passing day its appeal keeps getting stronger. Nothing, it seems, can come in the way of the gigantic Android wave. Phone users are certainly not complaining, they are busy enjoying the ride."
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Featured institutions International School Of Management Excellence - 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, Major Specialization in Marketing, Finance, HR and Information Technology. IIBS - International Institute of Business Studies The International Institute of Business Studies aims to prepare a global talent engine, capable of bringing success in any business environment. It also aims to establish a fresh direction for education and resume.	Startup city Car rental portal Olacabs.com raises first round funding Mumbai based Olacabs.com, a technology venture in the car rentals and cab services space announced it has received a first round of angel investment from angel investors Rehan yar Khan, Anupam Mittal and several others. Angel investors invests in Olacabs Mumbai-based ANI Technologies, which runs the 'book a cab' service Olacabs.com, has raised its first round of funding from Anupam Mittal and angel investor Rehan Yar Khan along with smaller investors, reports Techcircle.in.
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CXO Insights A Case for Policy Initiative for Indian Fabless Company Ganapathy Subramaniam, CEO, Cosmic Circuits The worldwide semiconductor market is around $275 billion, and the India market is around $8 billion. The world market is expected to grow in double digit CAGR for the next several years. IVI & Android : The key drivers of embedded industry Venkatesh Kumaran, Country Manager - India, WindRiver After a flat growth over the past two years, the embedded industry is at an inflection point now and I see several factors driving this. The biggest traction I see at this point is In-Vehicle Infotainment (IVI).	Featured questions How is the course in Aircraft Maintenance Engineering? The AME is highly demanded globally,after the completion of this course you will have a very good opportunities with a very good pay. Aircraft Maintenance Engineering Course Details: Mechanical (Fixed Wing) a) Heavy Aircraft (HA). b) Light Aircraft (LA). c)Jet Engine (JE). What is the duration of CPL course? The duration of the CPL course is and the course details are given below: Course Details: •200 hours in Cessna 152. •60 hours dual instruction. •100 hours ground school. •80 hours pre and post flight briefing.
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Blogs: Editor's choice Solar Power Without Solar Cells A dramatic and surprising magnetic effect of light discovered by University of Michigan researchers could lead to solar power. Rising demand for Professional Courses From past few years, there is growing popularity for professional courses like Animation, Web Designing, Graphics Designing, Audio-Video Editing etc. There are, in fact, numerous professional courses both at the undergraduate and postgraduate levels.	Featured communities Technology in Education Today technology is important for life. To get them more knowledge about technology this community has created. Science and Technology Welcome to the realm of science. It is the only place where we can find the answer to the most difficult question asked ever-what is the Ultimate Truth? Well, answering that is still a long way but at least we should start with the basic route.
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