"Only dull people are brilliant at breakfast"
-Oscar Wilde		 Brilliant at Breakfast title banner "The liberal soul shall be made fat, and he that watereth, shall be watered also himself."
-- Proverbs 11:25
"...you have a choice: be a fighting liberal or sit quietly. I know what I am, what are you?" -- Steve Gilliard, 1964 - 2007

"For straight up monster-stomping goodness, nothing makes smoke shoot out my ears like Brilliant@Breakfast" -- Tata

"...the best bleacher bum since Pete Axthelm" -- Randy K.

"I came here to chew bubblegum and kick ass. And I'm all out of bubblegum." -- "Rowdy" Roddy Piper (1954-2015), They Live
Monday, July 11, 2005

Why you can't find a job that isn't in retail or food service
Posted by Jill | 9:28 AM

Financial Express:

Indian IT services market grew 26.7% year-on-year in 2004 to touch $2.1 billion and is poised to rise to $5.3 billion by 2009, according to a new research report issued by Gartner. The report sees emerging markets such as India and China as the main engines of growth across the region in the next few years. It also forecasts that professional services, led by development and integration, IT management and consulting, will be the regions strongest performing IT services market segments.

The country’s GSM subscriber base rose 3.6% in June to touch 44.92 million, with all categories posting growth over May. Market leader Bharti Cellular saw its subscriber base grow by 3.8% or 4.5 lakh customers to increase its share to 27.28%. Bharti’s customer base at the end of June stood at 12.25 million. BSNL’s subscriber figures grew 3.5% to increase its tally to 10.23 million. Reliance’s growth was the maximum at 9%, albeit on a low base of 1.04 million. The metro segment recorded the least growth of 2.12% and accounted for a 25.97% marketshare. Delhi continues to be the largest cellular market in the country with 4.34 million consumers or 9.66% of the total market followed by Mumbai with 4.17 million users.

SAP to hire 2,000 in India

Leading business software solutions provider SAP said it plans to double the headcount in India to 4,000 by 2006. SAP Labs India has the largest development facility in Bangalore outside Germany and rates India among the top eight strategic markets. Shai Agassi, president of the product and technology group and member of executive board, SAP AG, said the additional staff would be from India and not at the expense of other places.

US firms come calling

There is a heightened urgency among large US companies in outsourcing work to India, Phaneesh Murthy, chief executive officer, iGate Global Solutions Ltd, said. According to him, EDS, Capgemini, Accenture and Bearing-point top the list of US companies who continue to show interest in outsourcing work to India. In fact, Bearingpoint, which has a large presence in China (it employs 1,300 people there), is looking at expanding in India, Mr Murthy, said. Market pressure is forcing US companies to adopt an outsourcing model and within the scheme of things, India has emerged as the ideal outsourcing destination for these companies.


"Market pressure." That means "prop up the stock price" and "dump health care costs."

And in case you thought it was just IT, here's one that makes my blood run cold, if I'm not as lucky next time we have layoffs:

The world’s premier drug watchdog, the US Food and Drug Administration (USFDA) has, for the first time, started inspections of clinical development sites in India where human trials of new medicines are being conducted. Recently, USFDA officials inspected two sites in India where clinical trials of internal medicines from US-based Wyeth are going on. According to industry sources, the studies are being carried out for Wyeth by the Bangalore-based CRO (clinical research organisation), Quintiles Spectral India.
0 comments
Bookmark and Share