Sunday, October 3, 2010
Only one in 10 graduate employment seekers will get jobs
"This year over 10.5 lakh (1.05 million) are being created across sectors but one crore (10 million) aspirants are coming into the market," managing director and CEO of Ma Foi Randstad K. Pandia Rajan said Wednesday.
Ma Foi Randstad, an international human resource service provider, conducted the survey among 650 companies across 13 industry segments in eight Indian cities -- Delhi, Mumbai, Kolkota, Chennai, Bangalore, Hyderabad, Pune and Ahmedabad.
The survey revealed that 418,564 jobs were generated in the first six months of 2010.
"The study also projected creation of 320,400 jobs the next three months (third quarter of the year) and an equal number for the fourth quarter too, taking the total job creation to over one million this year," Rajan said, releasing the findings of the survey.
The economic meltdown hit the global market early 2007, resulting in loss of thousands of jobs and cut down on hiring. Indian IT/ITes companies put hiring on hold in 2008 and 2009.
"The market has not returned to the same buoyancy of pre-recession days," said the CEO of HumanCapital B.S. Murthy. The Bangalore based firm is into career consulting.
"It has slowed down, and hence less number of jobs and more seekers," he said.
Murthy said the trend is likely to continue for a decade unless there is growth in every sector in India.
While information technology and enabled services, mainly business processing office (BPO) and call centres, created a major chunk of jobs five years ago, the retail and telecom industry added numbers in recent years, he noted.
The job generation depends on investment and the investment is only in trickles, Murhty said.
"The difficulty, however, is limited only to the freshers," Kris Lakshmikanth, the founder of The Head Hunters, said.
"It is easy for those who have already been in the industry and are looking for a placement in a different company," he added.
source:THE ECONOMIC TIMES
Friday, April 30, 2010
TCS' tsunami early warning system wins award
Mumbai: Tata Consultancy Services (TCS) today said its Tsunami Early Warning System (TEWS), developed for the Indian National Centre for Ocean Information Services (INCOIS), has won the Platinum Icon Award for innovative use of technology at the Web Ratna Award 2009.
The TEWS was envisioned as a national importance e-governance project by the Union Ministry of Earth Sciences after the 2004 tsunami disaster.
The IT major was chosen to develop and implement the TEWS for INCOIS, an autonomous body under the Ministry, as a part of the national tsunami early warning centre at Hyderabad, a release said here.
A first-of-its-kind implementation in the Indian Ocean region using IT and geospatial technologies, the solution provides real-time seismic data to INCOIS scientists helping them detect, assess and monitor tsunamigenic earthquakes and issue tsunami alerts, the release said.
TCS Vice-President and Head, Government ISU, Tanmoy Chakrabarty, said "as the largest IT company in India, TCS has always focused on using its core competencies to drive large-scale societal impact and transformation."
"The TEWS is a robust and versatile solution that can also be leveraged by all countries that are prone to threats from tsunamigenic earthquakes. We are honoured to be a part of this nation-building e-governance project." .
Over the last three years of its implementation, the centre has recorded over 1,000 earthquakes of magnitude of over 5 on Richter scale and has never issued any false alarm, the release said.
The Web Ratna Awards have been instituted under the ambit of the National Portal of India to promote innovative e-governance initiatives and to give due recognition to the exemplary efforts in this direction.
Thursday, April 22, 2010
India ranks among top 5 countries Globally for cyber attacks
India has risen to the fifth spot in the world's cybercrime ranking for 2009 from the 11th spot in 2008 and now only lags behind the US, China, Brazil and Germany.
The report, compiled by Internet security products firm Symantec, shows that cyber criminals are now increasingly going for Web-ased attacks using social-networking sites compared to the earlier dependence on the e-mail route used to steal information about credit cards and bank accounts.
Symantec vice-president David Freer told MAIL TODAY that social-networking sites are becoming the target for cyber attackers because these involve a set of like-minded people who trust each other. "It is the cultural trust that cyber attackers find easy to exploit," he added.
Freer explained that when a file is opened on a social-networking site it can result in a malicious ware being downloaded on to a PC, which is then used by the cybercriminals to steal the required data.
He said that cyber-criminals have also turned their attention toward enterprises, given the potential for monetary gain from compromised corporate intellectual property.
"The report found that attackers are leveraging the abundance of personal information openly available on social-networking sites to synthesise socially engineered attacks on key individuals within targeted companies," he added.
Freer said in 2009 India ranked second in Webbased attacks in the Asia Pacific region, which includes China, Australia, Japan and the ASEAN countries, with 16 per cent of the total attacks.
This is a significant rise from 2008 when India accounted for less than one per cent of Web-based attacks in the region.
Globally, in 2009, India ranked seventh with three per cent of the total webbased attacks worldwide.
According to the report, there has also been a surge of 'bot' or robotic software used for cyber attacks.
India saw an average of 788 bots per day in 2009. About 62,623 distinct bot-infected computers were observed in India during the period.
With 50 per cent, Mumbai had the highest number of bot-infected computers, followed by Delhi at 13 per cent and Hyderabad at seven per cent. "Throughout 2009, we saw botnetinfected computers being advertised in the underground economy for as little as three cents per computer," Freer pointed out.
It also turned out to be a turbulent year for spam. In 2009, spam made up 88 per cent of all e-mails observed by Symantec. Of the 107 billion spam messages distributed globally per day on average, as much as 85 per cent were from botnets.
The 10 major bot networks, including Cutwail, Rustock and Mega-D, now control at least five million computers.
As many as 71 per cent of the malicious codes were propagated through file-sharing, 35 per cent through file transfer and common Internet file system and 17 per cent through remotely exploitable vulnerability.
Sunday, April 11, 2010
Java founder James Gosling leaves Oracle

James Gosling, the creator of the Java programming language, has resigned from Oracle, he announced in a blog entry on Friday
Gosling resigned on April 2 and has not yet taken a job elsewhere, he reported.
"As to why I left, it's difficult to answer: just about anything I could say that would be accurate and honest would do more harm than good," he wrote.
Gosling was the chief technology officer for Oracle's client software group and, before that, the chief technology officer of Sun's developer products group.
In 1991, heled a small group of engineers in a project, then called Oak, to build an object-oriented programming language that would run on a virtual machine, which would allow programs to run on multiple platforms, such as television set-top boxes. This work evolved into Java, which took off in conjunction with the growing use of the Internet, thanks in part to its inclusion into the Netscape browser.
Gosling follows a number of other noted ex-Sun employees out the door since Oracle's purchase of the company was finalized in January, including CEO Jonathan Schwartz, and XML co-inventor Tim Bray.
Less than a month ago, Gosling had stressed the importance of Java to Oracle. "Oracle has certainly been incredibly committed to keeping Java and the whole ecosystem as strong and as healthy as can be," he said, during a talk at a Java symposium in Las Vegas.
But around the same time he also expressed dismay over the growing politicization of the Java Community Process.
Friday, April 9, 2010
Intel: Itanium processors will survive without Windows support

Earlier this week, Microsoft, the software giant had announced that it will put an end to Intel Itanium processors for any of its future versions of Windows Server and will use only 64-bit processors for any upcoming platform.
This development was touted as a major setback for the world’s largest chip maker, Intel, which has plans to support the Itanium architecture for at least next four years.
It is reported that Intel is planning to launch two more generations of the Itanium CPUs. At present, the company has not detailed anything officially, but channel insiders said that Intel is planning to launch a 32nm eight-core IA64 CPU (Poulson) in 2012, followed by Kittson in 2014.
Intel also said that Itanium chips used in Windows platform consist less than 6% of the current Itanium sales. Itanium chips are mainly used by the Unix servers and Microsoft moving off the bus would not spell much variations for chipzilla.
Sunday, March 21, 2010
These facts will remind you of proper grammar, punctuation and structure.
- Is it the "i" or the "e" first? This is a spelling question that troubles even the best spellers out there from time to time. The old rule "i before e except after c" will help you sometimes, but not in all cases. Some important addendums should include "or when sounded like a, like neighbor and weigh" and the rule should be dropped altogether when -c sounds like -sh, like in species.
- How is a paper organized? Being able to organize an essay, research project or story is an essential part to doing well in any area of academics. While there are, of course, many subtleties, a paper should start with an introductory paragraph containing a thesis–the most important part of any essay. After this, each paragraph should have a main idea followed by information that expands on and explains these ideas. At the end, work should be tied up with a conclusion paragraph. It sounds basic, but many students let their writing become sloppier as they go along or never develop these strong fundamentals in the first place.
- Which is the subject and which is the object? If you don’t remember which part of the sentence is which, you’re not alone. In most basic terms, you can remember that the subject is the part of the sentence that is doing something, while the object is the thing that is having something done to it. This can be helpful to know when learning a language besides English, as well.
- What is a pronoun? Most of us know what a noun is, but do you recall what a pronoun is? Pronouns are the words that take the place of nouns in a sentence including I, she, he it, you, we and they. Using these correctly may get a bit trickier but you can find a guide here.
- What is a homonym, antonym and a synonym. A homonym is a group of words that appear to be the same but actually have different meanings or pronunciations. An antonym refers to a word that is the opposite in meaning from another word. A synonym is a word that means the same or similar as another word.
- What is the correct way to use commas? Commas aren’t alone in often being used incorrectly. Semi-colons, hyphens and colons are frequently used incorrectly as well. If you find it hard to remember to use these elements of speech correctly, reference a guide like this until you can commit it to memory.
- What’s the difference between its and it’s? Find yourself often mixing these two up? You’re certainly not alone but there’s an easy way to remember which is the right word for the situation. Simply remind yourself that "it’s" is a contraction of the words "it is." If the expanded form of those words doesn’t make sense in your sentence, then you know to use "its" rather than "it’s".
- How can you tell if a sentence is too long or too short? Sentences can either be a run-on or a fragment. You can determine if your sentence is a run-on by simply turning it into a yes or no question. If it makes sense, you’re doing ok. If not, you need to add some kind of conjunction or separate it into two sentences. A fragment on the other hand is simply an incomplete sentence that doesn’t make sense on it’s own. You can usually fix these by adding them back onto the main sentence to which they refer.
- What are a verse, stanza and paragraph? If you can’t answer this question, it might be a good idea to refresh your memory on how writing is organized. In most cases, a verse is a single line of poetry, though more loosely it is a series of words arranged metrically. A stanza is a group of these verses, usually composed of four or more that work together in a poem or a song. A paragraph, on the other hand, is a division within a written work that focuses on a particular idea found in prose rather than poetic works.
- What things need to be capitalized? While you’re probably aware that things like names, titles and other proper nouns need to be capitalized, are you aware of what parts of a book title should be capitalized or whether or not to capitalize the names of the seasons? Here you’ll find information on just about everything you should or shouldn’t put into caps.