professionals need of the hour
While the situation
threatens the competitiveness of Indian firms in the global economy, it
also presents the country’s technical students a lucrative career
opportunity, writes Ranajoy Punja
India’s integration into the
global economy is bringing forth new challenges for its
organisations. Indian organisations are increasingly relying on
their "networks" as a critical business tool to help them
compete and connect with the global economy. India will have a shortfall of nearly 1.37 lakh skilled networking
professionals by 2009, according to a recent study.
A business consultant says, “A
majority of troubles in an organisation arise because people don’t get
along with one another.” This leads to non-cooperation, friction,
waste of time and energy, back-stalling. Eventually, it leads to
inefficiency and a bad name for the organisation. At every level in an
office, factory and establishment, the same problems raise their head.
Can different people work harmoniously if they do not see eye to eye
with each other?
raise headcount in Latin America
Looking at strengthening its operations in the overseas market, software
major TCS plans to hike its headcount in Latin America, while its joint
venture with Microsoft and NDRC in China is scheduled to kickstart by
the year-end. "Our new focus areas are now Latin America and China.
We are looking at increasing the headcount to 6,000 from the current
level of 3,500 in those Latin American countries, where we have
operations — Chile, Uruguay, Argentina and Brazil," TCS CEO S.
Ramadorai said recently.
jobs to double in 5 years
Employment in India's fast-growing telecom sector is set to double in
the next five years from the present level of 1.5 million people,
industry experts, gathered at the CEO Conclave in Colombo have said. The
Indian IT services and software sector is likely to generate revenue of
US $ 80 billion in the near future, providing employment to four million
people, experts, including IIM-Ahemdabad Professor Rekha Jain, estimate.
modern society relies greatly on those who help manage resources,
protect the environment and control health and safety procedures.
Chemical engineers do all this, while working on projects as diverse as
providing water to the rural areas, helping create a pollution-free
environment and cutting-edge tissue engineering research, while
developing the processes that make the products we desire or depend on.
firms in hiring mode for bigger bench strength
Domestic IT firms are
continuing their hiring juggernaut, but it is their bench strength or
reserve employees that is growing at a higher rate than the overall pace
of recruitments. The total headcount of the Fab Five club of Indian IT
space—TCS, Infosys, Wipro, Satyam Computer and HCL Technologies—has
increased by nearly 38 per cent with the addition of more than 75,000
employees in the past one year.
career in insurance
Q I have completed
my graduation. How can I become an insurance broker (both life and
— Nitin Kumar
A To gear up for the spurt in demand for trained insurance
professionals, both for insurance and brokerage firms as well as
their intermediaries (market projections peg the demand at 25,000
additional jobs), several institutes have emerged that offer courses
at all levels.