Infosys to hire 16,000 graduates next year: Murthy

Infosys expects to hire as many as 16,000 college graduates next fiscal year.

MUMBAI: India's second largest software services firm Infosys will hire up to 16,000 engineers next year, the company's chairman NR Naryana Murthy said.

"We have already started the hiring process for next year. We will be hiring around 15,000-16,000 engineers for next year and are already in process," Murthy said at an event here.

With improving demand for outsourcing services in the US and European markets, which account for over 80% of the revenues of the $108 billion Indian IT sector, hiring is expected to be better than the last few years.

Speaking on a range of issues, Murthy said that people in the country needs to take more definitive steps towards development.

"India is a country of empty words, not action. Only repeating, 'Mera Bharat Mahaan' won't help. Learn to finish the race first in order to finish first," Murthy reiterated.

He encouraged students to be open to new ideas and not be cynical. "Move from apathy to action. Aim at becoming better than me. Luck will
favour those who are prepared."

Talking about the economic environment in the country, he said it is going to change going forward.

"As long as they (government) make businesses grow in the country, as long as we collect more taxes, as long as we use those taxes efficiently, I think the confidence will come back, every one will be very happy with whatever government is in the Centre and we will be better country," he said.

Murthy called upon educational authorities to concentrate on providing quality education. "Students are the future of this country. Quality software engineers will carve the way ahead for becoming a software global giant," he said.

On developing managerial skills, Murthy said it requires learning to understand other cultures, assimilating good values and being courteous
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Wipro launches online programme for students

Wipro unveiled an online programme to train undergraduate students in finance and accounts to enhance their job skills in both subjects.

BANGALORE: Indian IT bellwether Wiprounveiled an online programme to trainundergraduate students in finance and accounts to enhance their job skills in both subjects, the company said Wednesday. 

"We have started imparting skills online to final year students of commerce and business administration in select degree colleges across Bangalore, Chennai and Hyderabad to enhance their employability in finance and accounting," Wipro back office global head Subhasish Biswas said in a statement here. 

The online course has been designed in two parts - basics of finance and accounting and corporate readiness training. 

Successful students will be certified after assessing their skills for a placement in the global software major. 

The 24-hour programme consists of modules, which give students flexibility to work over two months along with their graduation course. 

The course modules are in a video-based PowerPoint presentation format to understand the concepts. 

"As we need readily employable workforce, our expertise in training delivery in the services sector enabled us to create a platform for graduating students to pursue a rewarding career in finance and accounts," Biswas said. 

Wipro's business process outsourcing (BPO) division has partnered with Firstnaukri.com to promote the initiative and allow the job portal to host the online module and distribute it to colleges with which it has tie-up across the country. 

"Indian businesses are struggling to recruit youth with right technical and soft skill sets. It is becoming imperative for companies to focus on skill development and employability of youth entering workforce," Firstnaukri.com business head Deepali Singh said in the statement
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Indian IT companies to help US retailers during holiday season

Cognizant, Wipro, Infosys and Mindtree are helping retailers in the United States cope with the peak holiday season shopping rush.

BANGALORE: Indian technology outsourcers such as Cognizant, Wipro, Infosys and Mindtreeare helping retailers in the United States cope with the peak holiday season shopping rush and ensure their shopping portals and systems stay robust, three months after surging traffic crashed the US federal healthcare insurance website leaving many unable to log on. 

The holiday season, starting from Thanksgiving in the last week of November and going up to New Year's eve on December 31, is crucial for retailers, accounting for about 30-40% of their annual sales, said firms. Any downtime in the shopping portals during this period could result in substantial losses and long-term damage to their image and perception. 

The period could represent about 30% of sales revenue and nearly 40% of profit for retailers, said Sandilya Gopalan, vice-president, CognizantBusiness Consulting, which supports 14 of the top 30 US retailers and 11 of the top 30 global retailers, and over 30,000 stores during the shopping season. 

"The peak shopping frenzy is not new. But a significant increase in peak sales and selling channels, coupled with a potpourri of IT systems that may or may not have scaled in line with business and operational complexity, and higher customer expectations make it a humongous challenge to ensure a smooth period," he said. The risk is greater these days because of channel proliferation, he added. 

The downtime can affect both stores as well as online channels. For instance, any glitch in point-of-sale systems can annoy customers driving them to shop elsewhere. Similarly, even if the website does not crash, slow response time can push customers towards competing websites. 

"This (online retail) is an emerging domain for Indian IT firms," said Pradeep Mukherji, head of outsourcing advisory firm Avasant's Asia operations. He said after the recent disruption of the Obamacare website due to a large amount of web traffic, managing excess load on e-commerce sites had become an area of focus. 

"Many retailers see visitor traffic going up exponentially online, 20-100 times compared with a normal day," said Radha R, senior vice-president at Mindtree, which is currently working with more than 15 retailers. 

There have been many instances in the past of the retailer's website going down due to increased load, resulting in lost sales and bad press. As a precautionary step, retailers are performing a rigorous check on their operational effectiveness and their ecommerce site scalability and availability to handle the increased traffic, she said. 

While Mindtree expects the full picture to emerge in January after the shopping season ends, early trends show that there is a slight downtrend in store retailing but online sales are increasing, she said. 

Companies, such as Mindtree and Wipro, began preparations for the holiday rush by doing trial runs as early as August. "We have been working with our key customers in retail to ensure their systems work fine during the peak season," said Bhanumurthy BM, senior vice-president and global head (application services and strategic alliances). 

"More and more consumers are getting comfortable with online transactions. Product lines offered and purchased on the web is also expected to increase year-on-year," said Sanjeev Nikore, president for consumer services at HCL Technologies
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LG announces world's first Chrome-based desktop

LG has announced the world's first Google-powered Chromebase All-in-One PC.

LONDON: LG has announced the world's first Google-powered Chromebase All-in-One PC. 

The Linux-based operating system used to come pre-installed on laptops or boxes that required similar monitor, however, it would be a first PC to incorporate the system. 

According to the BBC, Chrome-based computers tend to be cheaper than Windows-powered systems, in part because Google does not charge manufacturers to include its software. 

Being cheaper has its drawbacks as the operating system runs only a limited range of applications and popular apps like Skype, Powerpoint, Photoshop and iTunes are unavailable, but can be downloaded from Google's free or paid web-based alternatives.

The LG Chromebase desktop computer measures 21.5-inch with a 1080p full-HD screen that resembles Apple iMacs, HP's Spectre One range and Dell's Inspiron One family, which cost 700 pounds or more. 

According to the report, the Chromebase PC has just 16GB of storage, which is relatively a very low amount as Google intends to encourage users to store their data on cloud, thereby reducing costs. 

LG Chromebase desktop computer is expected to be launched in January at the Consumer Electronics Show (CES) in Las Vegasadded.

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Looking for a job? Log on to Facebook

More and more people in the country are finding jobs through social media websites, a study says.

MUMBAI: More and more people in the country are finding jobs through social media websites, a study says.

"More than half the respondents in India, or 56%, said they were contacted through social media about employment opportunity in the prior (last) year, while 25% of respondents said they secured a job through social media," global workforce solutions firm Kelly Services says in its Workforce Index survey 'Socialising Recruitment'.

About 64% of respondents agreed that social media was a good platform to share job referrals or opportunities.

Also, about 57% of the respondents in the country use social media sites when making employment decisions.

"The spread of social media in the community is now mirrored in the workplace where employees are discussing their work, their employers and canvassing job openings and career choices," Kelly Services India MD Kamal Karanth said.

In the Asia Pacific region, Indonesia and Thailand seem to be using the social media most fruitfully. Thirty-eight per cent of respondents secured a job through social media there last year, followed by China (35%), Malaysia (28%), Singapore (22%), Hong Kong (19%), New Zealand (17%) and Australia (14%).

"Employees are more social and more flexible in the way they engage with trusted friends and work colleagues on social media, and increasingly they expect to have access to technology in the workplace to enable that. Social media is quietly revolutionising recruitment because it can open up the whole process to an enormous pool of candidates," Karanth adds.

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Apple Mac Pro goes on sale at Rs 2.3 lakh

Apple has launched the new Mac Pro computer in India, simultaneously with its global launch, at a starting price of Rs 2.3 lakh.

NEW DELHI: Apple has launched the new Mac Pro computer in India, simultaneously with its global launch. Sporting a completely redesigned body, the model features the latest Intel Xeon processors, dual workstation-class GPUs, PCIe-based flash storage and ultra-fast ECC memory. Unveiled in June this year at Apple's WWDC, Mac Pro will be available for sale at a starting price of Rs 2,29,900 through select Apple Authorized Resellers in the country.

The all-new Mac Pro features a 9.9-inch tall aluminium enclosure with one-eighth the volume of its predecessor. It comes with 4-core, 6-core, 8-core and 12-core Intel Xeon processors running at Turbo Boost speeds up to 3.9 GHz and two workstation-class AMD FirePro GPUs that deliver up to eight times the graphics performance of the previous generation Mac Pro.

Mac Pro's PCIe-based flash storage delivers sequential read speeds up to 10 times faster than conventional desktop hard drives and ECC DDR3 gives it up to 60GBps of memory bandwidth. It features six Thunderbolt 2 ports and supports up to 36 high-performance peripherals, including the latest 4K displays.

Apple has priced the Mac Pro with 3.7GHz quad-core Intel Xeon E5 processor with Turbo Boost speeds up to 3.9 GHz, dual AMD FirePro D300 GPUs with 2GB of VRAM each, 12GB of memory, and 256GB of PCIe-based flash storage at Rs 2,29,900. The model featuring 3.5GHz 6-core Intel Xeon E5 processor with Turbo Boost speeds up to 3.9 GHz, dual AMD FirePro D500 GPUs with 3GB of VRAM each, 16GB of memory and 256GB of PCIe-based flash storage comes at Rs 2,99,900.

Buyers can also opt for faster 8-core or 12-core Intel Xeon E5 processors, AMD FirePro D700 GPUs with 6GB of VRAM, up to 64GB of memory and up to 1TB of PCIe-based flash storag
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World’s first phone with 2K resolution launched

Vivo has pipped the likes of Samsung and LG to launch the world’s first smartphone with 2K (2560x1440p) resolution, named Xplay 3S.

NEW DELHI: Chinese manufacturer Vivo has pipped the likes of Samsung and LG to launch the world's first smartphone with 2K (2560x1440p) resolution, named Xplay 3S. This phone's screen has more pixels than the current crop of 1080p displays, making text, videos, images etc clearer and sharper.

The new Vivo Xplay 3S's 6-inch display has pixel density of 490ppi, which is higher than the 469ppi (the highest pixel density before this launch) of HTC One. Other features of Xplay 3S are also top end, such as 2.3GHz quad-core Snapdragon 800 chipset, 3GB RAM and 13MP rear camera. It also has a 5MP camera in front and comes with an app called Photo+ that features augmented reality functionalities and shares video on the cloud.

The phone is powered by a customized version of Android, named Funtouch OS. Other features of Vivo Xplay 3S include 32GB built-in storage, 3,200mAh battery and metallic bezel. The phone weighs 172gram, measures 4.95mm at its thinnest point and comes with a fingerprint scanner.

The manufacturer has included several audio technologies in the phone, such as TI OPA2604 amplifier and ESS Technology ES9018 DAC. Its DTS Headphones:X technology supports 7.1 and 11.1 surround sound effect.

Vivo is also the company behind the world's thinnest smartphone, X3, which is just 5.75mm thick.

Samsung's upcoming Galaxy S5 smartphone is also rumoured to feature 2K resolution. Earlier this year, LG unveiled its 2K resolution display panel that is likely to be used in future smartphones. Chinese manufacturer Oppo has also announced that its upcoming Find 7 handset will have 2K screen resolution
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Cheteshwar Pujara slips to seventh spot in ICC Test rankings

Pujara played a steady knock at the Wanderers before getting run out. 

DUBAI: India's Cheteshwar Pujara slipped a rung to seventh in the batting list but R Ashwin remained steady at fifth in the bowling chart of the latest ICC Test rankings issued on Thursday. 

Apart from Pujara, Virat Kohli, who struck a hundred on the opening day of the first Test against South Africa on Wednesday, is the only other Indian in the top-20 of the batting list. He is unchanged at 20th. 

Among the bowlers, Pragyan Ojha moved up a spot to eighth. Ashwin, meanwhile, continued to hold the top position in the all-rounders' list. 

Elsewhere, Australia opener David Warner has moved up three places after stellar performances against England in the Perth Test, which the home side won by 150 runs on Tuesday to take an unassailable 3-0 lead in the five-Test series. 

Warner, who scored 60 and 112 to be the leading run-getter to date in the series, earned 51 ratings points to end at 741 ratings points, which has given him a lift of three places to put him just outside the top 10 in 11th position. 

The other centurions from the Perth Test - Shane Watson and Steven Smith of Australia, and Ben Stokes of England - have also moved up the rankings. 

Watson has jumped six places to 32nd, Smith has gained gain eight places to 37th, and Stokes has rocketed 81 places to 73rd. 

South Africa's duo of AB de Villiers and Hashim Amla continue to head the rankings for Test batsmen.

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Unflappable Virat Kohli makes No. 4 grade

Virat Kohli celebrates his hundred during the first day of their cricket test match against South Africa in Johannesburg. (Reuters Photo)

JOHANNESBURG: The camera was focused on the Indian dressing room the moment M Vijay got out. More than the replay of the dismissal, the broadcasters were interested about the player coming out to bat at No. 4. It was going to be a departure from a 25-year-old habit and the moment had to be captured.

As expected, Virat Kohli walked out and along the course of the day, made giant strides towards filling into the big shoes of Sachin Tendulkar. The 24-2 situation on foreign soil was the typical early 1990s platform on which Tendulkar made a name for himself and Virat Kohli showed on Wednesday he was the right man to take over. The best bowling attack in the world was coming down hard and Kohli was greeted with bouncers straight up.

But the Indian vice-captain, promoted from No. 5 to 4, played with the fearlessness that has made him the pin-up boy of Indian cricket. The 89-run Cheteshwar Pujara-Kohli partnership had flashes of the Tendulkar-Dravid firm that had done such a great job over the years.

"Kohli didn't look in any pressure at all. No. 4 is just a number, I don't think it bothered him," former South African captain Shaun Pollocktold TOI. The allrounder felt that it was Kohli's experience at the top that allowed him to maintain his composure. "He has been there forever. He knows how to handle pressure situations. He has played at No. 5 in Tests, so it's not a huge jump for him technically," Pollock added.

Herschelle Gibbs, too, is extremely happy with the way Kohli eased into the slot. "The mostimpressive thing about Kohli's innings today was his aggressive intent. A No. 4 batsman has to have the right mix of caution and aggression. Kohli played the hook and pull shots well, at the same time he was ready to leave a few balls," Gibbs said
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Brandon Hudson

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Snapdeal to launch own payment gateway

Online marketplace Snapdeal is launching its own payment gateway, the second company to do so after market leader Flipkart.

NEW DELHI :Online marketplace Snapdeal is launching its own payment gateway, the second company to do so after market leader Flipkart. The service aims to simplify online transactions for users and may also be licensed to other e-commerce companies. The gateway will authorise credit card payments and process them securely through a user's bank account, and is expected to help wean Indians away from paying by cash for purchases made online. 

"In our business, the core marketplace is the king, the logistics platform the queen, while the payments platform is the jack. We need to get this entire stack in place," said Kunal Bahl, co-founder and chief executive of Gurgaon-based Snapdeal which expects to earn revenue of over Rs 2,500 crore this fiscal. 

Apart from saving credit card information, billing and shipping details of the customer, Snapdeal's yet-to-be-named payment gateway will also incorporate analytics relating to the buyers' specific choices, allowing them to complete transactions in a few quick steps. The company has about 20,000 sellers transacting on its marketplace offering about 500 product categories. 

India's $13 billion (Rs 80,743 crore) e-commerce sector has grown on the back of the cash-on-delivery model, where buyers pay for their purchases at the time of receiving them. Almost 60 per cent of online sales in India are paid for in cash. But the additional processes required for cash-on-delivery and higher instances of returns have added to the overheads of online retailers. 

In an earlier conversation with ET, Sachin Bansal, co-founder of Flipkart pinpointed the non-immediacy of payments and higher returns as the problems they face with cash-on-delivery. "In an ideal world, I would not like to have cash transactions," he had said. 

In July, Flipkart launched its own payment gateway, PayZippy that operates as a direct solution for merchants as well as a digital wallet for consumers. At present, an estimated 10 lakh unique visitors log onto the Flipkart portal everyday. By 2015, the Bangalorebased company expects to post sales of $ 1 billion. 

Experts said as mobile commerce picks up in India the share of cash payments could come down to about a third of all online sales. Flipkart is also seeking government approval to reduce the number of steps needed for card transactions and to store card details of regular customers so they do not have to enter the information each time they shop. 

At present, with about 400 million cards, per capita credit card ownership in India is one of the lowest among emerging nations according to EY. "E-commerce in India does have payment-related issues," said Pragya Singh, vice president at retail consultancy Technopak. "This (launching their own payment gateways) will allow Snapdeal and its peers more flexibility and control," she said.

Bahl said the proposed gateway will be cross platform, allowing other e-commerce companies to plug into it. Additionally, for merchants selling on the Snapdeal marketplace, the platform will ensure that transactions do not fall through due to technical errors, a common phenomenon while transacting online in India
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