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Home > Industry

INDUSTRY
Wednesday, December 10, 2008
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Powered Homes By Sterlite Fiber
Sterlite Technologies, a leading global provider of wire and cable solutions for the telecom and power industries, showcased its Sterlite Fiber Powered Home at a sample apartment provided by DB Realty, at its under construction site, Orchid Woods in Mumbai. The Sterlite Fiber Powered Home is a unique bouquet of applications meeting the requirements of both enterprise and residential customers.

Economic Slowdown Driving HR Offshore
In an increasingly slowing economy, offshore providers of human resources services are well positioned to take market share from US based suppliers as buyer companies are now more focused on early cost savings that can be gained from labor arbitrage, according to a new study by the Everest Research Institute. It provides comprehensive coverage of the global 2008 HRO market, including detailed analyses on market size and buyer adoption, transaction characteristics, and supplier landscape.

UNITES Wields PIL Against Indian IT Cos
UNITES, a trade union established for the cause of the employees in information technology and enabled services, has announced that it would file a public interest litigation against the IT firms in India, which have reportedly been enforcing long working hours on its employers. The IT firms insisted that they have not forged the rules, as the workers have to work only forty eight hours a week, eight hours a day for six days a week.

Akamai Releases Internet Penetration Report
Akamai Technologies, an online provider of enterprise applications, has announced the release of the third edition of its quarterly State of the Internet report. The Akamais quarterly report provides insight into key Internet statistics such as origin of attack traffic, network outages and broadband connectivity levels across the globe.As per reports India ranks #20 in terms of number of observed IP addresses with 2.6 mn connections in Q3.

e-Bay Unveils e-Com Census Guide
eBay India, an online marketplace, has unveiled the eBay India Census Guide, designed to provide an in-depth view of the online buying and selling patterns among Indians. The census analyzes the online behavior amongst 28 states, 6 union territories and Top 100 e-commerce cities in India. The top 5 e-commerce hubs are Mumbai, Delhi, Hyderabad, Bangalore and Chennai. Karnataka has over 195 wired location and among the category of metro cities Bangalore stands fourth.

BT Launches SD Index for India
Leading telecommunications service provider British Telecommunications Plc (BT) has announced the launch of its Sustainable Development Indexan assessment of business performance in India.The SD index has been developed in partnership with GlobeScan, an independent public opinion and stakeholder research company. The initiative was officially launched by RK Pachauri, director general, TERI and Allen Ma, president, BT Asia Pacific at a news conference in New Delhi.

Verizon Fires for Breaching Obamas Phone
Verizon Wireless, a provider in telecommunication services, said that it has fired employees connected with a breach of records from a cell phone used earlier this year by President-elect Barack Obama. According to the media reports the company has not disclosed as to how many people were terminated. Verizon said the fired employees were hired to take care of customers, and were not authorized to access customer records unless asked to do so by the customer.

Nasscom Announces Gender Inclusivity Awards
Nasscom, the premier trade body and the chamber of commerce of IT software and a service has announced the winners of gender inclusivity awards instituted by the organization. Infosys Technologies walked away with the award for excellence in gender inclusivity from the IT services and product companies sector, while IBM India bagged the award for the most innovative projects in gender inclusivity. IBM Daksh Business Process Services emerged winner whereas Ajuba solutions and ADP walked away with the laurels in the best emerging company sector.

Cisco Freezes Hiring
Cisco Systems, a provider in networking services, has said that it has frozen the hiring process. According to media reports, it plans to adopt a wait and watch policy due to the global slowdown besides cutting costs up to $2 bn through various means. As we have earlier said, we have a hiring freeze... Looking at the present scenario, we will not be laying off people, Cisco Systems, executive vice-president and chief globalization officer Wim Elfrink said. Cisco is adopting a wait and watch policy of 6-8 weeks before taking any decisions.

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