Changing business environment demands complex skill sets, we would like to assist you in your search for Premium Talents.
Experience Excellence - through innovative way. E-Commerce changed the dimensions across geographies- Why not a local touch with a national coverageExperience hiring through high end IP-PBX technology.
Latest News - Irasol.in
In yet another sign of the growing use of automationin the IT industry, consulting major Capgemini is increasingly deploying automation to assign employees to projects. The Paris-headquartered firm has replaced 30-40% of the work done by its resource management group with IBM's cognitive computing system, Watson.
Resource management groups in IT companies are responsible for assessing skills and then assigning someone to a project. The group, generally disliked by employees, is often blamed for unsatisfactory assignments. But now employees at Capgemini will have to blame IBM's cognitive computing system Watson if their projects fail to please them.
"We are using IBM Watson in our resource manageme ...
Average online purchases in India are expected to increase by 78% this year on the back of attractive deals and aggressive marketing of merchandise, industry chamber Assocham said on Sunday.
"Unfazed by slowdown, average online purchases are expected to increase by 78% in 2016 from 66% in 2015, due to attractive deals and aggressive marketing of ever-expanding range of merchandise from clothes to jewellery, from electronics to books," said a study by Assocham and international accounting firm Pricewaterhouse Coopers (PwC).
Around 55 million consumers purchased online in 2015 and the number is expected to grow to 80 million this year with better logistics, broadband and Internet-ready devices, it said.
The report said the growth ...read more
Epsilon, a Boston-based digital marketing company, will hire 600 engineers for its Bengaluru facility by the end of this calendar year. The company , which has many Fortune 500 firms as clients including Google, Adidas, American Express and General Motors, already has 400 employees in India. The fresh hiring will make it the largest centre outside of the US.
Epsilon, which formally started the India operations last September, will hire fresh graduates for the various positions that include data analytics, and running digital campaigns and experiences. "Most digital technologies are new and we could train them better and make them ready," CEO Andy Frawley told TOI. The Bengaluru office is a hub for global quality assurance, that is, testing of the technologi ...
E-commerce major Snapdeal will roll out annual salary hikes of 20% and above for its top performers as part of its efforts to become a "meritocracy-led" organisation. The increase, effective from April 1, will also include ESOPs for the top performers.
"We have moved onto a trimester-based performance review. We want to be a meritocracy-led organisation and we want to reward our top performers. This year these top performers across functions, will get at least 20% hike," Snapdeal Vice President (HR) Saurabh Nigam told PTI. He added there will be ESOPs for top performers, the quantum of which is still under discussion.
"This will benefit about 5-15% of the company's employee base. It is important to retain t ...
Google’s announcement on Monday that it would be subsumed within a new parent company called Alphabet had a bonus for people of Indian-origin world over: the company’s head of Products and Engineering, Chennai-born Pichai Sundararajan, was anointed the CEO of the new, “slimmed down” Google.
Underscoring his confidence in the man known as Sundar Pichai (43), Google boss Larry Page said of the restructuring in the company he co-founded with Sergey Brin, “A key part of this is Sundar Pichai.”
Mr. Pichai, who is a graduate of IIT Kharagpur and Stanford University, had “really stepped up since October of last year, when he took on product and engineering responsibility for our Internet businesses,” Mr. Page said in a bl ...read more
Wipro chief executive TK Kurien was rewarded with an impressive 32% salary jump and drew a pay package of nearly $1.5 million during the last financial year, a year during which Wipro performed marginally better than its previous fiscal but overall revenue growth still fell short of industry-level growth rates.
Kurien's pay package, however, does not include earnings from the shares he holds in Wipro.
Wipro's billionaire chairman Azim Premji, who next year will complete his 50th anniversary at the company that originally started out as a vegetable-oil maker, took home a package of $767,685 during the financial year ended March 2015. The salary of Premji, who currently holds 73.39% of Wipro's total shares, includes a 0.3% commission ...read more
CVC Capital Partners, a global private equity house managing $71 billion in funds, has emerged the preferred bidder to acquire the Indian unit of business process outsourcing (BPO) major Serco Plc, valued at about $400 million, or Rs 2,500 crore, multiple people familiar with the matter said.
CVC Capital and world's largest private equity manager Blackstone Group had fired binding offers to acquire Serco's Indian operations (formerly Intelenet) last month. Blackstone was making a strong bid to buy back Intelenet which it sold to Serco for $634 million four years ago, TOI reported in February this year.
In context, CVC Capital's emergence as preferred bidder is surprising given that Intelenet still garners almost 15% revenue from some Blac ...read more
The cost of a 'bad hire' to an organisation is five times the bad hire's annual salary and hence companies should focus on hiring the right talent to mitigate business risks, says a report.
According to Society for Human Resource Management (SHRM), hiring the wrong candidate can prove to be a costly affair because every employee in an organisation has a big impact on performance, company culture and its success.
"The cost of a bad hire to an organisation is five times the bad hire's annual salary," SHRM said and added that an elaborate screening process before hiring is a crucial task faced by many organisations today.
"The future of any organisation solely depends on the kind of employees the organisat ...read more
Hewlett-Packard's decision to cut $2 billion (about Rs 12,700 crore) in costs in its enterprise services business could open up opportunities for Indian technology firms such as Tata Consultancy Services and InfosysBSE -1.14 %, said analysts tracking the development.
Infrastructure contracts such as HP's $400-million data centre outsourcing deal with oil company BP in 2010 and its $700-million deal with German energy provider E.ON could be taken over by Indian firms when renewed, they said. HP's troubled enterprise services businesses provides technology consulting, outsourcing and support services and competes with companies such as TCS, Infosys, Wipro, IBM and Accenture
"In the infrastructure space, certainly they are being challen ...read more
India's software market registered the highest growth rate of 8.3 per cent in terms of total revenues among BRICS nations in 2014, market research firm Gartner said today.
The revenue of Indian software market was at $4 billion in 2014 against that of $3.7 billion in 2013.
The software market in Brazil grew by 5.4 per cent, in South Africa by 4.8 per cent and in China by 3.8 per cent.
In Russia, the market, however, shrunk by 6.4 per cent. The growth in Indian market was led by Microsoft with 25 per cent market share and revenue of $1,017.9 million. Oracle and IBM followed Microsoft with 13 per cent and 12 per cent market share.
Oracle's revenue was at $516.7 million, while IBM's at $475.3 mil ...read more