After neutralising their mother-tongue accent and mastering the American drawl, Indian geeks are busy learning Japan’s Kanji, Katakana and Hiragana symbols.
Reason: The recession is eating into the volume of outsourced IT work from the US; and after the US, Japan is an important market from the IT perspective, more so during the current period.
Take the case of Suman Reddy Ragidi, a business analyst of Cognizant. Japanese language training has enabled her to converse with clients both in formal as well as informal situations.
“The training has also made it easier for me to understand all project documentation written in Japanese,’’ says Reddy Ragidi. On its part, Cognizant runs foreign language training in its offices and its mandatory for employees to enroll in such language courses.
“Language is an important aspect of culture and such training is helpful in everyday communication. Importantly, employees are able to articulate their viewpoints to clients,’’ says K Venkataraman, director of Cognizant.
The Japanese IT services market is valued at $108 billion, according to a recent survey by Nasscom and Pricewaterhouse-Coopers. India has bagged only 13 per cent of this offshoring pie. Moreover, demand for software is primarily driven by the BFSI (banking, financial, services and insurance) and manufacturing companies which consume 42 per cent of the total IT services.
Another Chennai-based IT player Infoview Technologies, whose business comes fully from Japanese majors, is making sure its employees know Japanese symbols by heart. Around three-fourth of the company’s employees have learnt the language and the top management team which accounts for 10 per cent of the workforce has reached the ‘near native level’ in terms of mastering the language.
The company also recently launched an online Japanese learning software for beginners in India. JWEIC is developed by WEIC Corporation, a Japanese company that is into production and sales of e-learning language and learning management systems. Infoview, which has the rights to sell the software in India and Singapore, is targeting executives and college students alike for the online course. It is targeting 10,000 learners during the first year.
Similarly, Noida-based Nucleus Software which generates half of its revenues from Japan is encouraging its employees to learn the language. “Right now, we are utilising the services of interpreters and translators,’’ says chief executive and managing director, Vishnu Dusad.
For Indian IT entrepreneurs like Chandrasekaran of Infoview Technologies and Dusad of Nucleus the lure for doing business with ‘The Land of the Rising Sun’ is the importance that the Japanese place to long-term relationships. “It’s tough to crack the market initially,” says Cheran Chandrasekaran, CEO, Infoview Technologies.
Source: Times of India
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Tuesday, December 30, 2008
AMD raises layoff count to 600 now
US chip maker Advanced Micro Devices Inc said that it laid off 600 workers, 100 more than first announced, and was taking yet another charge related to its $5.4 billion purchase of ATI Technologies Inc.
AMD said it cut 600 employees in its most recent quarter, compared with the 500 it had originally planned. As a result, the company now expects to record $70 million in restructuring charges, versus the $50 million it previously predicted.
In addition, the new cost reductions would result in more charges in the first half of 2009, although AMD would not provide an estimate.
The chip maker also said it would take a goodwill impairment charge related to its 2006 acquisition of graphics chip maker ATI. AMD said its decision was "based on the results of an updated, long-term financial outlook" for the business, according to a filing with US securities regulators.
The company said it could not estimate the size of the charge, which would be material and non-cash, according to the filing with the US Securities and Exchange Commission. A company spokesman declined to provide any further detail.
It is the latest charge AMD has taken related to its purchase of ATI. In the June quarter, the impairment charge totalled more than $800 million.
In the December quarter, AMD said it would also take a $20 million impairment charge on its investment in flash memory chip maker Spansion Inc.
Source: Agencies
AMD said it cut 600 employees in its most recent quarter, compared with the 500 it had originally planned. As a result, the company now expects to record $70 million in restructuring charges, versus the $50 million it previously predicted.
In addition, the new cost reductions would result in more charges in the first half of 2009, although AMD would not provide an estimate.
The chip maker also said it would take a goodwill impairment charge related to its 2006 acquisition of graphics chip maker ATI. AMD said its decision was "based on the results of an updated, long-term financial outlook" for the business, according to a filing with US securities regulators.
The company said it could not estimate the size of the charge, which would be material and non-cash, according to the filing with the US Securities and Exchange Commission. A company spokesman declined to provide any further detail.
It is the latest charge AMD has taken related to its purchase of ATI. In the June quarter, the impairment charge totalled more than $800 million.
In the December quarter, AMD said it would also take a $20 million impairment charge on its investment in flash memory chip maker Spansion Inc.
Source: Agencies
India delays 3G spectrum auction
The Government of India has further postponed the auction of the much-awaited 3G spectrum in the country taking into consideration the concern of the prospective applicant companies, say reports.
According to a report, the last date of receiving application has been extended to January 20 from January 5. Though the auction was supposed to take place before December 31, it was later postponed to January 16.
Earlier there were reports that the auction would be delayed as the Department of Telecom has not received the Cabinet's approval on vital proposals relating to the services.
Also it was said that the Defence Ministry, which holds the spectrum, may not be able to vacate the same before the auction date.
According to a report, the last date of receiving application has been extended to January 20 from January 5. Though the auction was supposed to take place before December 31, it was later postponed to January 16.
Earlier there were reports that the auction would be delayed as the Department of Telecom has not received the Cabinet's approval on vital proposals relating to the services.
Also it was said that the Defence Ministry, which holds the spectrum, may not be able to vacate the same before the auction date.
Labels:
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Monday, December 29, 2008
Jet Airways, Kingfisher to cut air fares in January
Private air carriers Jet Airways and Kingfisher announced reduction in fares following steep fall in Aviation Turbine Fuel prices.
While Jet Airways said it was reducing air fare ranging 15-40 per cent from tomorrow, Kingfisher Airlines said it would effect fare cut across its network from January 1.
"Jet Airways is reducing basic fares ranging from 15-40 per cent across most of the domestic flights with effect from tomorrow," a Jet Airways spokesperson said.
The fare cut would be across all domestic sectors, the spokesperson said tonight.
Civil Aviation Minister Praful Patel had repeatedly asked the airlines to pass on the benefit of sharp drop in ATF prices to passengers. Earlier in the day, Kingfisher Airlines said it would effect a fare cut across its network from January 1.
"Kingfisher Airlines will begin the New Year on an aggressive note by slashing fares on its network," Kingfisher Airlines Chairman, Vijaya Mallya, said in a statement here. He, however, did not specify the quantum by which fares would come down.
The current low prices of ATF allows Kingfisher to pursue an opportunity to significantly increase market share by offering the fine five-star flying experience at reduced fares, he said.
Earlier, Kingfisher had said that it would effect fare cut only after the government classifies ATF in the Declared Goods category. The airlines across the board are demanding the Government to classify ATF in the Declared Goods category.
Under the declared goods category, there will be a uniform 4 per cent sales tax on air fuel across the country. The proposal is now before the Parliament.
However, several state governments are likely to oppose the uniform taxation as it would cause revenue loss to them. Now, the sales tax varies from four per cent to 32 per cent, and accounts for over 35 per cent of airlines' operational cost.
Over the last four months, there has been a sharp decline in ATF prices. While some air carriers earlier this month reduced the fuel surcharge between Rs 200 and Rs 400, they did not touch the basic fare.
While Jet Airways said it was reducing air fare ranging 15-40 per cent from tomorrow, Kingfisher Airlines said it would effect fare cut across its network from January 1.
"Jet Airways is reducing basic fares ranging from 15-40 per cent across most of the domestic flights with effect from tomorrow," a Jet Airways spokesperson said.
The fare cut would be across all domestic sectors, the spokesperson said tonight.
Civil Aviation Minister Praful Patel had repeatedly asked the airlines to pass on the benefit of sharp drop in ATF prices to passengers. Earlier in the day, Kingfisher Airlines said it would effect a fare cut across its network from January 1.
"Kingfisher Airlines will begin the New Year on an aggressive note by slashing fares on its network," Kingfisher Airlines Chairman, Vijaya Mallya, said in a statement here. He, however, did not specify the quantum by which fares would come down.
The current low prices of ATF allows Kingfisher to pursue an opportunity to significantly increase market share by offering the fine five-star flying experience at reduced fares, he said.
Earlier, Kingfisher had said that it would effect fare cut only after the government classifies ATF in the Declared Goods category. The airlines across the board are demanding the Government to classify ATF in the Declared Goods category.
Under the declared goods category, there will be a uniform 4 per cent sales tax on air fuel across the country. The proposal is now before the Parliament.
However, several state governments are likely to oppose the uniform taxation as it would cause revenue loss to them. Now, the sales tax varies from four per cent to 32 per cent, and accounts for over 35 per cent of airlines' operational cost.
Over the last four months, there has been a sharp decline in ATF prices. While some air carriers earlier this month reduced the fuel surcharge between Rs 200 and Rs 400, they did not touch the basic fare.
Labels:
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Microsoft advised to lay off over 9,000 employees
The world's top software firm Microsoft has been asked to cut its workforce by 10 per cent, or about 9,100 employees, to tell the market that profits are more important than revenue growth in difficult times.
Brokerage firm Oppenheimer & Co's analyst Brad Reback has said in a report on Microsoft that such layoff exercise "would be a healthy move for the company."
The move would be well received by the market and would "signal that profitability is more important than revenue growth during this very difficult time," Reback added.
Calling for a 10 per cent reduction on the company's payrolls, Reback said in his report for the institutional investors of Microsoft that this would result in an approximately 10 per cent gain in its earnings per share.
The software giant had close to 91,000 employees on its payrolls at the end of July-September quarter.
Earlier in October, Microsoft had put in place a hiring freeze on some of its divisions, such as entertainment and devices businesses that make products like X-Box and Zune.
There have been some unconfirmed reports on blogs that the company would announce some major layoffs in the first month of 2009.
Microsoft is scheduled to release its second-quarter results for the fiscal year 2008-09 on January 22.
Battling the economic crisis, companies in their bid to save costs, have announced more than one lakh job cuts in the month of December alone in the US, while so far in 2008 there have been close to 20 lakh layoffs.
Source: Agencies
Brokerage firm Oppenheimer & Co's analyst Brad Reback has said in a report on Microsoft that such layoff exercise "would be a healthy move for the company."
The move would be well received by the market and would "signal that profitability is more important than revenue growth during this very difficult time," Reback added.
Calling for a 10 per cent reduction on the company's payrolls, Reback said in his report for the institutional investors of Microsoft that this would result in an approximately 10 per cent gain in its earnings per share.
The software giant had close to 91,000 employees on its payrolls at the end of July-September quarter.
Earlier in October, Microsoft had put in place a hiring freeze on some of its divisions, such as entertainment and devices businesses that make products like X-Box and Zune.
There have been some unconfirmed reports on blogs that the company would announce some major layoffs in the first month of 2009.
Microsoft is scheduled to release its second-quarter results for the fiscal year 2008-09 on January 22.
Battling the economic crisis, companies in their bid to save costs, have announced more than one lakh job cuts in the month of December alone in the US, while so far in 2008 there have been close to 20 lakh layoffs.
Source: Agencies
Saturday, December 27, 2008
Top Web-based operating systems
Want to see what lies ahead in the world of operating systems? Head to the Web. That's where you'll find some workable examples of operating systems that move everything- applications, files, and communications- from the confines of your desktop to the more widely accessible Internet.
And mind you, Web-based operating systems are more than just a collection of applications that run within a browser. They're self-contained environments in which you can create and store documents, copy files from one folder or drive to another, and conduct communications.
In short, almost everything you can do from Windows or the Mac OS should be able to be accomplished within a Web OS. All you need is a Web browser to get there. Here's looking into some options.
Google Chrome
While the major players in the software industry are not yet among those with Web-based operating system (OS) prototypes, it's clear that the big names are paying attention- and making plans.
Google's Chrome, with its Spartan interface- largely devoid of visible menus, button bars, and status panels, easily reminds one of the basis of an operating system when it's expanded to full screen.
And Microsoft, although deriving a large portion of its revenue from the lucrative desktop applications business, has just announced that it will create Web-based versions of its Microsoft Office applications- and make them available for free.
eyeOS
A good place to start in your discovery of Web-based operating systems is eyeOS (http://eyeos.org), which is free, open source, and very easy to sign up for. There's no need to install anything to use eyeOS.
Simply sign up with a user name and password to create an account, and from that point forward, you have an operating system on the Web, accessible from any browser. eyeOS creates space on its servers to store your operating system settings and any files you create.
eyeOS resembles contemporary desktop-bound operating systems.
There's a workspace area- or desktop- along with icons on the left that represent shortcuts to applications, including a word processor, calendar, contact manager, RSS feed, and a trash bin.
Fire up the eyeOS word processor and you'll find yourself in a serviceable document creation tool, replete with toolbar buttons for most of the formatting tasks that users require today.
Documents you save are stored on eyeOS's servers by default, so there's no local storage involved. You can, if you choose, download the files you create to your own PC and upload files to your eyeOS environment.
The beauty of a Web-based environment, however, is that you can shut down your browser -- and thus your eyeOS operating system -- on one machine, launch a browser on another machine in another location, and then launch your eyeOS desktop again.
eyeOS even remembers all of the applications and documents you were last working on, so the workspace you see is exactly the one you left off with.
A green eyeOS button at the bottom middle of the screen is analogous to the Windows Vista Start button.
It contains shortcuts to system settings, applications, and a few other commands, including Close Session. Enter System Preferences, and you'll see some impressive customisation options, including the ability to change the theme, or look, of eyeOS to resemble Vista, Ubuntu, Gnome, or other operating systems. The one glaring omission from eyeOS is an e-mail client. Apparently you're expected to bring your own e-mail.
G.ho.st
G.ho.st (http://g.ho.st/) is in some ways even more full-featured and certainly more colourful- than eyeOS. After you sign up, for free, G.ho.st carves out an impressive 5 gigabytes of file storage on its servers for you, and it creates your very own G.ho.st Mail e-mail account, with 3 gigabytes of storage.
Like eyeOS, there's nothing to install. Once you sign up, you'll receive a confirmation e-mail message. Click the activation link inside, and you're ready to go.
The first time you launch G.ho.st, your browser will switch to full-screen mode so that you can see all there is that G.ho.st has to offer. There's a full-featured word processor, spreadsheet, e-mail, your personal G.ho.st drive for file storage, instant messaging, and even a few games.
There's also plenty of hand-holding in G.ho.st, as well, with icons that offer to take you on a tour of G.ho.st, help you set up your e-mail, create and edit documents, and upload files from your desktop computer to your G.ho.st environment.
A Go button in the lower left-hand corner of the G.ho.st screen mimics Vista's Start button; it provides handy access to all of the operating system's features and programs.
G.ho.st is full of glitz and color, and it is consequently more demanding of your hardware and somewhat more sluggish than eyeOS, which is streamlined by comparison. Still, many will likely find that G.ho.st's friendliness will make any performance hit worthwhile.
Desktop Two
Desktop Two (http://desktoptwo.com) is a java-based Web operating system that's the quickest of all to set up and get going.
After a brief sign-up routine, the desktop loads, and you're ready to start exploring.
Desktop Two offers more applications that allow users to create their own presence on the Web than the other major Web operating systems. Along with a word processor and e-mail program, Desktop Two provides a Web site editor and a blogging programme.
The blogging application, in particular, is impressive, providing a two-click entry into the world of setting up and maintaining your own blog.
Once you create your first blog entry, the programme provides you with the Web address that you can distribute to the world so that others can visit your blog on the Internet.
Desktop Two's conventional applications are less impressive, however, in part because the operating system was not always able to save documents to Desktop Two's online storage system.
Why Web-based OS
One could argue that a Web-based operating system is redundant, since one needs a computer, operating system, and Web browser to access an online operating system.
While that's true, the point of an online operating system is complete environment portability.
That means being able to log on to any computer that has an Internet connection and, in the time it takes to launch your Web OS, having all of your applications and documents ready for you to resume work.
Although you could cobble together many of the elements of a Web OS by using, say, Google Docs, Yahoo Mail, and other online applications, doing so would require you to make several stops around the Internet.
There's no doubt that today's Web-based operating systems are far from feature-laden, and they probably will not tempt many to abandon their current routine that combines desktop and Web-based software.
But given the push that the major players in the industry are making toward a completely Web-based future, there's also little doubt that Web-based operating systems, or some form thereof, are in our collective future.
Source: Agencies
And mind you, Web-based operating systems are more than just a collection of applications that run within a browser. They're self-contained environments in which you can create and store documents, copy files from one folder or drive to another, and conduct communications.
In short, almost everything you can do from Windows or the Mac OS should be able to be accomplished within a Web OS. All you need is a Web browser to get there. Here's looking into some options.
Google Chrome
While the major players in the software industry are not yet among those with Web-based operating system (OS) prototypes, it's clear that the big names are paying attention- and making plans.
Google's Chrome, with its Spartan interface- largely devoid of visible menus, button bars, and status panels, easily reminds one of the basis of an operating system when it's expanded to full screen.
And Microsoft, although deriving a large portion of its revenue from the lucrative desktop applications business, has just announced that it will create Web-based versions of its Microsoft Office applications- and make them available for free.
eyeOS
A good place to start in your discovery of Web-based operating systems is eyeOS (http://eyeos.org), which is free, open source, and very easy to sign up for. There's no need to install anything to use eyeOS.
Simply sign up with a user name and password to create an account, and from that point forward, you have an operating system on the Web, accessible from any browser. eyeOS creates space on its servers to store your operating system settings and any files you create.
eyeOS resembles contemporary desktop-bound operating systems.
There's a workspace area- or desktop- along with icons on the left that represent shortcuts to applications, including a word processor, calendar, contact manager, RSS feed, and a trash bin.
Fire up the eyeOS word processor and you'll find yourself in a serviceable document creation tool, replete with toolbar buttons for most of the formatting tasks that users require today.
Documents you save are stored on eyeOS's servers by default, so there's no local storage involved. You can, if you choose, download the files you create to your own PC and upload files to your eyeOS environment.
The beauty of a Web-based environment, however, is that you can shut down your browser -- and thus your eyeOS operating system -- on one machine, launch a browser on another machine in another location, and then launch your eyeOS desktop again.
eyeOS even remembers all of the applications and documents you were last working on, so the workspace you see is exactly the one you left off with.
A green eyeOS button at the bottom middle of the screen is analogous to the Windows Vista Start button.
It contains shortcuts to system settings, applications, and a few other commands, including Close Session. Enter System Preferences, and you'll see some impressive customisation options, including the ability to change the theme, or look, of eyeOS to resemble Vista, Ubuntu, Gnome, or other operating systems. The one glaring omission from eyeOS is an e-mail client. Apparently you're expected to bring your own e-mail.
G.ho.st
G.ho.st (http://g.ho.st/) is in some ways even more full-featured and certainly more colourful- than eyeOS. After you sign up, for free, G.ho.st carves out an impressive 5 gigabytes of file storage on its servers for you, and it creates your very own G.ho.st Mail e-mail account, with 3 gigabytes of storage.
Like eyeOS, there's nothing to install. Once you sign up, you'll receive a confirmation e-mail message. Click the activation link inside, and you're ready to go.
The first time you launch G.ho.st, your browser will switch to full-screen mode so that you can see all there is that G.ho.st has to offer. There's a full-featured word processor, spreadsheet, e-mail, your personal G.ho.st drive for file storage, instant messaging, and even a few games.
There's also plenty of hand-holding in G.ho.st, as well, with icons that offer to take you on a tour of G.ho.st, help you set up your e-mail, create and edit documents, and upload files from your desktop computer to your G.ho.st environment.
A Go button in the lower left-hand corner of the G.ho.st screen mimics Vista's Start button; it provides handy access to all of the operating system's features and programs.
G.ho.st is full of glitz and color, and it is consequently more demanding of your hardware and somewhat more sluggish than eyeOS, which is streamlined by comparison. Still, many will likely find that G.ho.st's friendliness will make any performance hit worthwhile.
Desktop Two
Desktop Two (http://desktoptwo.com) is a java-based Web operating system that's the quickest of all to set up and get going.
After a brief sign-up routine, the desktop loads, and you're ready to start exploring.
Desktop Two offers more applications that allow users to create their own presence on the Web than the other major Web operating systems. Along with a word processor and e-mail program, Desktop Two provides a Web site editor and a blogging programme.
The blogging application, in particular, is impressive, providing a two-click entry into the world of setting up and maintaining your own blog.
Once you create your first blog entry, the programme provides you with the Web address that you can distribute to the world so that others can visit your blog on the Internet.
Desktop Two's conventional applications are less impressive, however, in part because the operating system was not always able to save documents to Desktop Two's online storage system.
Why Web-based OS
One could argue that a Web-based operating system is redundant, since one needs a computer, operating system, and Web browser to access an online operating system.
While that's true, the point of an online operating system is complete environment portability.
That means being able to log on to any computer that has an Internet connection and, in the time it takes to launch your Web OS, having all of your applications and documents ready for you to resume work.
Although you could cobble together many of the elements of a Web OS by using, say, Google Docs, Yahoo Mail, and other online applications, doing so would require you to make several stops around the Internet.
There's no doubt that today's Web-based operating systems are far from feature-laden, and they probably will not tempt many to abandon their current routine that combines desktop and Web-based software.
But given the push that the major players in the industry are making toward a completely Web-based future, there's also little doubt that Web-based operating systems, or some form thereof, are in our collective future.
Source: Agencies
Caretel Infotech hires 600 people for BPO operations
Dalmia group company Caretel Infotech is upbeat about the opportunities in the BPO space and has hired about 600 people, even while others are handing out pink slips to employees amid the current slowdown.
"In last 30 days, we have recruited 619 employees for our various projects from metros and even small towns like Chindwara at Rajasthan for our Kisaan Call Centre Project. For our various assignments, we will be recruiting more and more people from all over India and train them for the future," Caretel Infotech Chief Executive Officer Amit Roy said in a statement.
The company also said it is looking at the downturn as as an opportunity to bag more deals, both in the country and overseas.
"We are looking at this slowdown as an opportunity and have started international outsourcing process for some part of the US, Europe, Australia and New Zealand to manage the slowdown impact. We have also increased our national clientele as we have bagged assignments from reputed brands like DDA ... and soon will close a DTH service provider in India," Roy said.
Caretel has 13 business centres in India and employs over 6,000 people. It is now expanding its operations overseas and is targeting a significant growth from its global clients.
For our international clients, we will be hiring 200 or more people in near future, he added.
Source: Agencies
"In last 30 days, we have recruited 619 employees for our various projects from metros and even small towns like Chindwara at Rajasthan for our Kisaan Call Centre Project. For our various assignments, we will be recruiting more and more people from all over India and train them for the future," Caretel Infotech Chief Executive Officer Amit Roy said in a statement.
The company also said it is looking at the downturn as as an opportunity to bag more deals, both in the country and overseas.
"We are looking at this slowdown as an opportunity and have started international outsourcing process for some part of the US, Europe, Australia and New Zealand to manage the slowdown impact. We have also increased our national clientele as we have bagged assignments from reputed brands like DDA ... and soon will close a DTH service provider in India," Roy said.
Caretel has 13 business centres in India and employs over 6,000 people. It is now expanding its operations overseas and is targeting a significant growth from its global clients.
For our international clients, we will be hiring 200 or more people in near future, he added.
Source: Agencies
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