TCS and IBM layoffs – Is Indian IT industry headed for a slowdown?

Connect the dots, signals and tell us what do you think about the IT recession? TCS has shown the door to ~500 employees (~2-3 years of work experience), citing performance issues. IBM laid off ~700 employees (mostly freshers) citing…? “performance in aptitude tests that were recently conducted in undisclosed IBM India locations.” In another news, TCS cut the employee wage (across the board, I believe),…

Wipro to bid for Capgemini?

Infy was supposed to buy them, but rumor mill spells Wipro as a bidder for Capgemini, France based consulting firm. As per ToI: “Wipro has been known to be open to inorganic growth. However, that the rumoured 60 a share price tag would be quite expensive, valuing the group at around 8 billion euros, but not impossible for Wipro.” If at all the rumour is…

Online Office apps: Challenges/Misconception and Future

Office 2.0 battle is heating up. And we are launching a series of post covering the challenges in online office suite of products, new developments as well as review of online office products. What’s office 2.0 and why the heck are we taking it online? Wikipedia defines office 2.0 as : “A web office is a set of applications hosted on a server that enable…

Indian IT servicing depot – Reality Check

[Guest post by Sridhar G, CEO/Founder of Yulop, the company behind YBangalore.com. Sridhar has worked with companies like EDS, but ended up starting on his own. Sridhar & I share a common vision of ‘productizing India’, and hence this post!-Ashish] It takes no less than 3 months of training and an age old conceptual servicing myths for next 6 months[at offshore], to reach an onsite…