Industry Trends

18% Google + users are from India

Monday, 25th July 2011

Search giant Google's social networking foray, Google+, is steadily gathering steam, owing primarily to users in India and the US. Within weeks of its launch, the site, which is still in its beta phase (one needs to be invited to join it), has seen nearly 20 million users signing up.
According to Comscore data, the number of unique Google+ visitors stood at 19.93 million between June 29 and July 19. Users from the US and India 5.31 million and 2.85 million, respectively emerged as the top countries on Google+. Another 0.87 million users were from the UK, 0.71 million from Germany, and 0.5 million from France.

Publication : Business Standard

Booming e-commerce companies stepping up hiring

Friday, 17th June 2011

E-commerce is one of the fastest growing segments of economy, and its a fast paced industry that is fueled by passionate individuals with zeal to excel. Were witnessing a lot of top talents moving out of large, established organizations and industries to e-commerce to leverage this new surge of entrepreneurship, accelerated responsibility and learning, potentially huge financial upside and most importantly the opportunity to work in a high-energy, dynamic, young, meritocratic environment, says Mukesh Bansal, CEO and co-founder, Myntra.com
From technology to business operations, marketing to customer support, finance to administration, sales to photography, the e-commerce industry has requirements for varied skill-sets at all levels, resulting in a sharp rise in the job hiring market.

Publication : Data Quest

HP too reliant on IT outsourcing

HP will appoint a new head for its burgeoning enterprise services division after chief executive Leo Apotheker found the company was too reliant on IT outsourcing. Until now, HP enterprise services, bolstered by dozens of EDS-legacy outsourcing deals, has sat under the company's US$54 billion Enterprise Business umbrella, led by executive vice president Ann Livermore. Apotheker told investors today that Livermore would remain the interim leader of services until HP had recruited an executive vice president to oversee it separately, according to a Barrons report.

Besides a 5 per cent decline in PC revenues, year-on-year services revenue grew 2 per cent while the unit's 15.2 per cent operating margin fell 0.6 percent compared to last year, according to HP's second quarter 2011 results. The unit suffered because HP was too focused on short-term margins, according to Apotheker.

21st May 2011 

Infosys to hire 12,000 people in Q2, 45,000 in FY'12

PTI Jul 12, 2011, 01.21pm IST

MYSORE: Keeping up the hiring momentum, the country's second largest software exporter Infosys on Tuesday said it will hire about 12,000 people this quarter.

The company currently has over 1.33 lakh employees. "We are looking at a gross addition of about 12,000 in our workforce and we are continuing with yearly target at 45,000 people," Infosys CEO and Managing Director S Gopalakrishnan said on Tuesday.

With the improving business sentiment and revival in IT spends, IT firms are stepping up hiring to meet demand for their services.

MNCs setting up captives again, says Everest

Monday, 25th July 2011

Between January 2008 and December 2010, 37 new captives were set up and 21 announced significant expansion, whereas 13 were divested.

Multinational companies (MNCs) with captive units in India seem less interested than they earlier were in selling these off; instead, they seem to want to set up more.

According to a study done by the Everest Group, the number of captive set-ups in India has gone up. Between January 2008 and December 2010, 37 new captives were set up and 21 announced significant expansion, whereas 13 were divested.

More IT firms open doors for non-engineers

More and more IT companies are now recruiting non-engineer graduates in addition to engineers. Wipro had started the trend and now many firms, including TCS, Cognizant, ITC Infotech and HCL, are hiring science graduates,PGs and MCAs. The companies have divided a software engineer’s job into several parts, such as testing, technical support, coding and programming, which can be executed by non-engineers.

At ITC Infotech, non-engineers are expected to comprise about 20% of its tech hires in 2011. About 35-40% of the fresh recruits at Wipro will be from non-engineering areas. C Mahalingam, executive vice president and chief people officer of Symphony Services, says that about 90% of the jobs in the top five software companies can easily be carried out by an MCA or an MSC in computer science. Engineers are required for jobs like embedded design, firmware and VLSI design, he explains.

Source : 14-07-11 Hindu Business Line

Small, medium cities grab 60 percent of jobs created in FY11

By PTI

Tuesday, 12 April 2011, 05:27 IST

New Delhi: Medium and small cities like Pune, Agra and Meerut rather than top metros have emerged as hot destinations for job aspirants by clinching a lion's share - 60 percent of the total jobs created in the country last fiscal, an Assocham study said today.

Sector wise it was IT which had grabbed the biggest pie with 30 per cent of the total employment generation share during the period, the industry chamber said in its report.

"Rather than tier I cities, tier II and III cities are emerging as prominent destinations for companies to provide job opportunities for aspirants," Assocham, which claimed analysing trends of job openings from a sample of 6.54 lakh employment opportunities generated in 2010-11, said.

The study, it said, was conducted in 56 cities covering 32 sectors.

Seventeen tier-II cities such as Pune, Bhubaneshwar, Surat, Chandigarh and Lucknow grabbed 38.8 per cent share of the total opening and created 2,53,702 jobs, it added.

As many as 33 tier-III cities -- Allahabad, Udaipur, Agra, Ajmer, Kota and Meerut accounted for 23 per cent share with 1,50,391 new jobs during the last fiscal, as per study.

The study also indicated that till recently big cities like Delhi/NCR, Mumbai, Kolkata, Chennai, Hyderabad and Bangalore were the fastest job generating destinations with an estimated 2,49,779 jobs created during 2009-10 fiscal.

"But the trend is clearly changing," it said.

Also, it indicated that tier-II and III cities are likely to generate 40 per cent more jobs in the near future.

As far as the employment creating sectors were concerned, the study said after IT which commanded 30 per cent share, education remained second with 8.94 per cent portion followed by real estate which constituted 7.95 per cent.

Steria's India staff to touch headcount to touch 9,000 by 2014

Wednesday, 22nd June 2011

European IT and business process services company Steria expects to scale up its India delivery headcount to 8,000-9,000 employees by 2014.

The Paris-headquartered company with a large offshore play currently has 6,000 employees on the India rolls.

I don't think that the wage hikes will compromise the fantastic or competitive advantage that India has in terms of talent and expertise, Mr Francois Enaud, Global CEO of Steria, told Business Line.

Placement News

SEED has conducted 6 Placement Events this year. The invited dignitaries from various organizations talked about the current job situation, opportunities available, and required level of students’ involvement to excel in the job market setting. The importance of such career festivals is its stress on getting involved in career planning and placement at an early stage in one's career.
First of the series of Career Fest was held in Pune in January 2011 wherein 41 companies including Deloitte, Dell, KPIT, Symantec participated. This was followed by the Mumbai Job Fest held in July 2011, and another in August 2011 held at Pune.
These events ended on a high note, with lots of appreciation from the student community, and the participating companies.
TCS Eserve, HSBC Software, G.E., Accel Frontline, Emerson, Accenture, Principal Software, Patni, Cybage, Nucsoft, Infosys BPO, WNS and Wipro BPO have been our major recruiters this year.
Career Fest Pune, Nov-2011, a 5-day mega placement event was recently organized, exclusively for SEED students. More than 2000 students participated in the 5-day event, which was held from 26th Nov’ 2011 to 30th Nov’ 2011. Some of the participating companies were Fiserv, Jump Games, Audience Science, Quickheal, Infobeans, Nvidia etc.
Besides the Career Fest, we also organized walk-in placement drives for MNC’s like Tech Mahindra, Amdocs etc.

Placement Policy

Placement Assistance (PA):

• SEED provides placement assistance to all eligible students by arranging campus interviews, providing information on walk-ins, off-campus, job fairs and job openings with our multi-industry clients across India.

• SEED does not guarantee/commit any assurance of placements / minimum number of interview calls for any of the courses, unless specified in writing.

• PA varies for all students depending upon the eligibility criteria of the clients and the type of diploma course done at SEED.

• Validity of PA is normally 3 to 18 months depending upon the type of Job Oriented Program / number of courses done with SEED or maximum number of interview calls, as specified (which ever is earlier).

Who is Eligible for Placement Assistance:
Any SEED student who

• has fully completed any of the following Job Oriented Programs in SEED (subject to fulfilling eligibility criteria as specified by clients)

  • Diploma in Software Development (ADiploma/SCP/SCTS/SPIC/DDTT etc.)

  • Diploma in Testing(DST/ISA)

  • Any Combo courses in technologies whose combined fees is more than 15,000

  • Diploma in IMS track

  • Any other courses as specified by SEED

• has paid full fees

• has valid SEED certificate

• has cleared the S-QTP ( SEED Qualifying test for Placement) test

Note: S-QTP Tests will be conducted every fortnight and the schedule for the same will be made available to the students

How to Register for Placement Assistance:

You can register for placement assistance only after successful completion of Job Oriented Program and getting valid SEED certificate.
To register,

• Download Excel Sheet (Single Line Profile), fill in complete details and mail it to Seed Infotech with subject line ‘Request for Placement Registration’

• Appear for the S-QTP

• Visit Placement Department for further registration process, if any

General Eligibility Criteria for Placement

• BE/BTech/MCA/MCS/MCM/MSc/BSc/BCA/BCS or equivalent

• Recent Pass outs

• Good academic record with less gaps in education

• Good English communication skills

• Student who has not completed Graduation are not eligible (unless specified in writing by SEED)

• Students having more than 2 yrs gap in education may or may not be eligible for campus by many companies

Documents to be carried during any campus:

• SEED Certificate (if the students have not received SEED certificate then the fees payment receipts can be considered).

• 2 Copies of Resume.

• All mark sheets and other important documents.

• Valid photo ID like PAN card, Driving license. etc.

• 2 passport size photographs.

• Copy of Passport if available.

For detailed and updated Placement Policy, please contact your nearest SEED Branch or Placement dept.

For any further assistance, contact us on:
Pune & Rest of India :

• Walk-in : Mon-Sat (10-5pm daily at Head Office)

Mumbai :

• Walk-in : Mon-Sat (10-5pm daily at Vashi centre)

Bangalore :

• Walk-in : Mon-Sat (11-4pm daily at Kormangala centre)