The implementation of the proposed Information Technology (IT) investment region in Orissa will involve a cost of Rs 17,883 crore.
"The IT investment region would generate jobs for 0.23 million people and accommodate a population of around 0.54 million. More than 75 per cent of the investment will be made on the Public Private Partnership (PPP) mode”, an official source told Business Standard.
The state government has already submitted the final report on the proposed IT investment region prepared by IL&FS-Infrastructure Development Corporation (IL&FS-IDC) to the Government of India. Besides Orissa, the IT investment regions are set to come up in the states of Gujarat, Andhra Pradesh and Kerala.
The IT investment region (ITIR) in Orissa is to be developed on an area of 40 sq km (around 10,000 acres) between Bhubaneswar and Khurda. The ITIR project is expected to be fully operational by 2020.
In the final project report on the ITIR, IL&FS-IDC had included among other things an airport, a global IT training centre, a bio-tech park and a science city spread over 350 acres.
The airport was proposed to be developed on an area of about 2,300 acres close to the site of the Indian Institute of Technology (IIT), Orissa which is being set up over 900 acres of land at Jatni, about 20 km from the city. The Infocity-II project being built by the state government on over 600 acres of land at Janla on the outskirts of the city would also be a part of the IT investment region.
The ITIR would be developed in two phases out of which 20 per cent expenditure is committed for the first phase while the balance 80 per cent will be in the second phase.
Source: http://www.business-standard.com/india/news/it-investment-region-to-be-takenat-rs-17883-cr/420504/
Tuesday, January 4, 2011
Wednesday, July 16, 2008
TCS probes fake resume racket
BANGALORE, INDIA: India's top IT services provider Tata Consultancy Services (TCS) has initiated an internal investigation to identify and take action against employees who had submitted fake resumes.
A news report said that TCS sacked at least 20 employees who had provided fake resumes to get jobs with the company.
TCS mentioned about a racket in an e-mailed statement, which hints at the involvement of more people.
Earlier, instances of recruitment firms acting in collusion with jobseekers who fudge their resumes to improve chances of getting jobs were reported in the media. Wipro even approached the police against a few such firms.
"As a customer focused organization, security is of paramount importance to us," a TCS spokesperson said in the statement. "We have a stringent background verification process in TCS. We take this process very seriously and have issued action against the errant employees. We have launched an internal investigation to identify the entire ecosystem and all involved in the racket."
The spokesperson, however, refused to provide more information. "We will not be able to share more than (what is said in) the statement," he said.
Last week, Infosys Technologies said it had sacked 100 employees in the fiscal year `07 due to discrepancies found in the resumes submitted at the time of joining.
No respite
The menace of fake resumes assumed alarming proportions in 2006. Though it served as a warning bell, the industry has not witnessed any respite. Indian IT firms are taking stringent measures against those who indulge in "padding" or fudging their resumes.
Earlier firms used to make reference checks only on those with more than 10 years of experience. But now almost all employees had to undergo such checks.
Quoting industry sources, Madan Padaki, co-founder and CEO of MeritTrac Services, said anywhere between 15-25 per cent of all CVs in the marketplace are fake. CVs are faked in three major areas: with reference to skills, technical knowledge and work experience, salary, designation and qualification and references.
The problem of fake resumes is universal in nature and not confined to any specific sector. The magnitude of the problem though varies based on the scale of recruitments.
"Recognition of this problem by companies has again been dependent on the scale of recruitments. While the IT industry was quick to sense this menace and take measures to curb it," Padaki said.
The existing talent landscape has precipitated the problem of fake CVs becoming a major area of concern for corporates.
He added: "The scarcity and diffusion of employable talent and the sheer numbers in terms of applicants as well as the great demand for talent has placed tremendous burdens on recruiting teams. In the chase for numbers and quality along with the lack of bandwidth of recruiting teams has over time resulted in the slackening of procedures contributing to this scenario."
What next?
Padaki opined that scientific assessments are the most important element in eradicating this problem, but the whole recruiting process needs to be geared up to leave no loose ends.
"CV screening should act as a first checkpoint, followed by scientific testing of skills, personal interviews and thorough reference checks. These are just some of the scientific measures that can be adopted internally. Apart from this efficient vendor identification and management of talent sources is essential," he further said.
Nasscom's National Skills Registry helps in background checks. Speaking at the recently concluded Nasscom annual HR summit in Chennai, Raju Bhatnagar, vice-president, Nasscom, said about three lakh registrations have been done online so far.
A panel of about 13 nominated members helps in checking the background and claims of those registered.
Further, Nasscom in January launched NAC-Tech with MeritTrac as the assessment partner, which aims to certify skills for the IT space and create a national benchmark for quality.
Earlier, Bangalore-based MindTree Consulting published a book titled All About Integrity, in a bid to check the menace of fake resumes, which had been around since the 2000 IT boom.
Source: http://www.ciol.com//News/News-Reports/TCS-probes-fake-resume-racket/15708107966/0/
A news report said that TCS sacked at least 20 employees who had provided fake resumes to get jobs with the company.
TCS mentioned about a racket in an e-mailed statement, which hints at the involvement of more people.
Earlier, instances of recruitment firms acting in collusion with jobseekers who fudge their resumes to improve chances of getting jobs were reported in the media. Wipro even approached the police against a few such firms.
"As a customer focused organization, security is of paramount importance to us," a TCS spokesperson said in the statement. "We have a stringent background verification process in TCS. We take this process very seriously and have issued action against the errant employees. We have launched an internal investigation to identify the entire ecosystem and all involved in the racket."
The spokesperson, however, refused to provide more information. "We will not be able to share more than (what is said in) the statement," he said.
Last week, Infosys Technologies said it had sacked 100 employees in the fiscal year `07 due to discrepancies found in the resumes submitted at the time of joining.
No respite
The menace of fake resumes assumed alarming proportions in 2006. Though it served as a warning bell, the industry has not witnessed any respite. Indian IT firms are taking stringent measures against those who indulge in "padding" or fudging their resumes.
Earlier firms used to make reference checks only on those with more than 10 years of experience. But now almost all employees had to undergo such checks.
Quoting industry sources, Madan Padaki, co-founder and CEO of MeritTrac Services, said anywhere between 15-25 per cent of all CVs in the marketplace are fake. CVs are faked in three major areas: with reference to skills, technical knowledge and work experience, salary, designation and qualification and references.
The problem of fake resumes is universal in nature and not confined to any specific sector. The magnitude of the problem though varies based on the scale of recruitments.
"Recognition of this problem by companies has again been dependent on the scale of recruitments. While the IT industry was quick to sense this menace and take measures to curb it," Padaki said.
The existing talent landscape has precipitated the problem of fake CVs becoming a major area of concern for corporates.
He added: "The scarcity and diffusion of employable talent and the sheer numbers in terms of applicants as well as the great demand for talent has placed tremendous burdens on recruiting teams. In the chase for numbers and quality along with the lack of bandwidth of recruiting teams has over time resulted in the slackening of procedures contributing to this scenario."
What next?
Padaki opined that scientific assessments are the most important element in eradicating this problem, but the whole recruiting process needs to be geared up to leave no loose ends.
"CV screening should act as a first checkpoint, followed by scientific testing of skills, personal interviews and thorough reference checks. These are just some of the scientific measures that can be adopted internally. Apart from this efficient vendor identification and management of talent sources is essential," he further said.
Nasscom's National Skills Registry helps in background checks. Speaking at the recently concluded Nasscom annual HR summit in Chennai, Raju Bhatnagar, vice-president, Nasscom, said about three lakh registrations have been done online so far.
A panel of about 13 nominated members helps in checking the background and claims of those registered.
Further, Nasscom in January launched NAC-Tech with MeritTrac as the assessment partner, which aims to certify skills for the IT space and create a national benchmark for quality.
Earlier, Bangalore-based MindTree Consulting published a book titled All About Integrity, in a bid to check the menace of fake resumes, which had been around since the 2000 IT boom.
Source: http://www.ciol.com//News/News-Reports/TCS-probes-fake-resume-racket/15708107966/0/
Monday, July 14, 2008
Online Storing of data - 50GB
Now, how would you like 50GB of free online storage space with the option to share? Yes, I thought so.
Well at adrive.com just click the big black button to get your 50GB and sign-up and click the link in the activation e-mail which you are sent to complete.
Once logged in managing your files is really simple, though the downloader/uploader runs on java so you will need to have that function activated to work successfully.
Click on My Files at the top then use the Upload feature to begin backing-up data from your hard drive. The site is still in beta but the FAQ says they will be adding a feature to automatically back up all the files on your computer soon.
Once your files have uploaded you will see a link giving you the option to share them. Click this link to add the file to your shared drive, and a URL will be generated for others to click on to access that file.
Tata Motors to introduce Air Car - Is it the next big thing?
Tata Motors is taking giant strides and making history for itself. First the Landrover-Jaguar deal, then the world’s cheapest car and now it is also set to introduce the car that runs on air, compressed air to be specific.
With fuel prices touching nearly $150 per barrel, it is about time we heard some breakthrough !
India’s largest automaker Tata Motors is set to start producing the world’s first commercial air-powered vehicle. The Air Car, developed by ex-Formula One engineer Guy Nègre for Luxembourg-based MDI, uses compressed air, as opposed to the gas-and-oxygen explosions of internal-combustion models, to push its engine’s pistons. Some 6000 zero-emissions Air Cars are scheduled to hit Indian streets in August of 2008.
The Air Car, called the MiniCAT could cost around Rs. 3,50,000 ($ 8177) in India and would have a range of around 300 km between refuels.
The cost of a refill would be about Rs. 85 ($ 2). Tata motors also plans to launch the world’s cheapest car, Tata Nano priced famously at One lakh rupees by October.
The MiniCAT which is a simple, light urban car, with a tubular chassis that is glued not welded and a body of fiberglass powered by compressed air. Microcontrollers are used in every device in the car, so one tiny radio transmitter sends instructions to the lights, indicators etc.
With fuel prices touching nearly $150 per barrel, it is about time we heard some breakthrough !
India’s largest automaker Tata Motors is set to start producing the world’s first commercial air-powered vehicle. The Air Car, developed by ex-Formula One engineer Guy Nègre for Luxembourg-based MDI, uses compressed air, as opposed to the gas-and-oxygen explosions of internal-combustion models, to push its engine’s pistons. Some 6000 zero-emissions Air Cars are scheduled to hit Indian streets in August of 2008.
The Air Car, called the MiniCAT could cost around Rs. 3,50,000 ($ 8177) in India and would have a range of around 300 km between refuels.
The cost of a refill would be about Rs. 85 ($ 2). Tata motors also plans to launch the world’s cheapest car, Tata Nano priced famously at One lakh rupees by October.
The MiniCAT which is a simple, light urban car, with a tubular chassis that is glued not welded and a body of fiberglass powered by compressed air. Microcontrollers are used in every device in the car, so one tiny radio transmitter sends instructions to the lights, indicators etc.
India's Spice unveils a mobile with a built-in optical drive
In Barcelona, Tech Digest has had a look at Spice's Movie Phone, which is expected to go on sale in India this summer, with photos. Stuart Dredge says:
The phone has a 2.8-inch screen, and its headphone jack doubles as a TV-Out port for connecting to a big-screen TV. But it's that optical drive that makes it stand out - you slot the tiny discs into a tray that pops out from the back of the phone - much like loading UMDs into a PSP.
You can fit a two-and-a-half hour film onto one of the discs - and a bit more if the compression is tweaked. The 40 films that'll be available at launch are mainly Bollywood movies, and Spice told me they're readying 1,000 more through deals with studios. The films will be sold in mini DVD-like cases for the equivalent of $5.
The phone uses the Vmedia disc format (FAQ) with drives developed and manufactured by Panasonic Communications in Japan. The same drives are expected to appear in other phones and small devices, including home players. Longcheer Technology is doing a handset for sale in China.
Note: dual layer 2GB discs and recordable drives are on the way.
Sure, you can put a movie on an SD card. However, small optical discs can ultimately be manufactured in large volumes for a few pence/cents each.
The phone has a 2.8-inch screen, and its headphone jack doubles as a TV-Out port for connecting to a big-screen TV. But it's that optical drive that makes it stand out - you slot the tiny discs into a tray that pops out from the back of the phone - much like loading UMDs into a PSP.
You can fit a two-and-a-half hour film onto one of the discs - and a bit more if the compression is tweaked. The 40 films that'll be available at launch are mainly Bollywood movies, and Spice told me they're readying 1,000 more through deals with studios. The films will be sold in mini DVD-like cases for the equivalent of $5.
The phone uses the Vmedia disc format (FAQ) with drives developed and manufactured by Panasonic Communications in Japan. The same drives are expected to appear in other phones and small devices, including home players. Longcheer Technology is doing a handset for sale in China.
Note: dual layer 2GB discs and recordable drives are on the way.
Sure, you can put a movie on an SD card. However, small optical discs can ultimately be manufactured in large volumes for a few pence/cents each.
India overtakes U.S to become 2nd Largest Wireless Network in the world
This was on cards - India has become the second largest wireless network given the exceptional growth in Mobile subscribers in India.
According to latest release by TRAI (Telecom Regulatory authority of India), the total wireless subscribers base stood at 261.09 million at the end of March 2008, compared to 255 million subscribers in U.S. A total of 10.16 million wireless subscribers have been added in the month of March
2008 as against 8.53 million wireless subscribers added in the month of February 2008.
Another landmark that march saw was reaching a total telephone connections to 300 million (wireline+wireless). The overall tele-density is pegged at 26.22% at the end of March 2008 as against 25.31% in February 2008.
According to latest release by TRAI (Telecom Regulatory authority of India), the total wireless subscribers base stood at 261.09 million at the end of March 2008, compared to 255 million subscribers in U.S. A total of 10.16 million wireless subscribers have been added in the month of March
2008 as against 8.53 million wireless subscribers added in the month of February 2008.
Another landmark that march saw was reaching a total telephone connections to 300 million (wireline+wireless). The overall tele-density is pegged at 26.22% at the end of March 2008 as against 25.31% in February 2008.
Indian Motorcyclist Abroad: Dilip Rogger
India top bike racer Dilip Rogger moves into top gear internationally
1st Indian racer to compete in Asian GP
India’s topmost international two wheeler racer Dilip Rogger from Chennai is all set for a hectic season in the Asian arena. The 22 year college going computer science student will become the first Indian to compete in the 6 round Asian GP races this year. The first round of this event will be held at the Sentul Circuit in Indonesia on 2nd and 3rd June. This will be Dilip Rogger’s first season in the higher level of the sport. He will be racing on a Honda CBR 600 cc motorcycle.
Over 20 riders from Indonesia, China, Macau, Hong Kong, Thailand, Malaysia, Japan, India and a few European countries* will be seen in action in the championship. Dilip Rogger will be the sole Indian taking part in this event. Despite his best efforts Dilip has still not been able to get a full fledged sponsor. One of his well wishers is the current Chief Minister of Pondicherry, Mr. Rangasamy who has done his bit for this promising young racer.
Among those in action this weekend will be 5 times ASIAN GP champion Hamaguchi, and top contenders like Fuiad, Inakaki, and Yashuda.
Leading teams like Team Petronas Racing, AG Hammer Singapore, Suzuki Indonesia and Yamaha Thailand are some of the big teams participating in this year’s Asian GP.
Well known riders in the European circuit will racing on behalf of the teams participating or as privateers since this championship has been drawing some of the best international bike racers regularly.
1st Indian racer to compete in Asian GP
India’s topmost international two wheeler racer Dilip Rogger from Chennai is all set for a hectic season in the Asian arena. The 22 year college going computer science student will become the first Indian to compete in the 6 round Asian GP races this year. The first round of this event will be held at the Sentul Circuit in Indonesia on 2nd and 3rd June. This will be Dilip Rogger’s first season in the higher level of the sport. He will be racing on a Honda CBR 600 cc motorcycle.
Over 20 riders from Indonesia, China, Macau, Hong Kong, Thailand, Malaysia, Japan, India and a few European countries* will be seen in action in the championship. Dilip Rogger will be the sole Indian taking part in this event. Despite his best efforts Dilip has still not been able to get a full fledged sponsor. One of his well wishers is the current Chief Minister of Pondicherry, Mr. Rangasamy who has done his bit for this promising young racer.
Among those in action this weekend will be 5 times ASIAN GP champion Hamaguchi, and top contenders like Fuiad, Inakaki, and Yashuda.
Leading teams like Team Petronas Racing, AG Hammer Singapore, Suzuki Indonesia and Yamaha Thailand are some of the big teams participating in this year’s Asian GP.
Well known riders in the European circuit will racing on behalf of the teams participating or as privateers since this championship has been drawing some of the best international bike racers regularly.
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