IPS-CTM Official blog
 
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hi bloggers.......
     Schlumberger, the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas, has offered job postings abroad to eight students of BITS - Pilnai with a compensation Rs 40 lakhs/annum. Another company Facebook, the largest social networking website is expected to hire few more students with an annual package of Rs 38.5 lakhs/annum. 
                        Of 400 students in first semester of batch 2011 in both undergraduate and postgraduate programmes, 300 students have already been placed in renowned companies. The highest domestic package has touched Rs 12.8 lakh for job posting in India by D E Shaw, a global investment and technology company based in New York.
                        The chief placement coordinator of BITS - Pilani, Mani Shankar Dasgupta said, " There is a good mix of national and international companies which placed our students in India." He admitted that attracting these big companies wouldn't have been possible without the support of the alumni who have wide network among companies.
                        So far, 55 companies have registered in Pilani for recruitment, which has surpassed all technical education institutes in the state. The authorities are hoping that by the end of November 2010 they will achieve 100% placements. "Over 20 more companies are lined-up to visit the campus in this session," added Dasgupta.
About Birla Institute of Technology & Science (BITS) Pilani
The Birla Institute of Technology & Science (BITS), Pilani is an all-India Institute for higher education. The primary motive of BITS is to "train young men and women able and eager to create and put into action such ideas, methods, techniques and information". The Institute is a dream come true of its founder late Mr G.D.Birla - an eminent industrialist, a participant in Indian freedom struggle and a close associate of the Father of Indian Nation late Mr. Mohandas Karamchand Gandhi (Mahatma Gandhi).
                        Over the years, BITS has provided the highest quality technical education to students from all over India admitted on the basis of merit. Its graduates may be found throughout the world in all areas of engineering, science and commerce. BITS symbolizes the maturing of Indian technical ability and "can-do" entrepreneurial spirit, especially as derived from the private sector. BITS is located in the Vidya Vihar campus adjacent to the town of Pilani in Rajasthan.

 
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Early indicators suggest this year recruitments may touch a historic high, as top Indian tech majors, including TCS, Infosys and Wipro, will alone recruit close to one lakh engineers, if not more. Back-of-the-envelope analysis, coupled with stated recruitment plans of the IT biggies, shows that December-January will be action-packed at engineering college campuses, not to mention the impact that MNC biggies like Accenture and IBM will have.
                   N Chandrasekaran, CEO and MD of TCS, says, " According to our original plans, we were to recruit 30,000 people this fiscal, but we will close the current year with 50,000 persons added. For the next fiscal, we could hire as much as this year, if not more."
                  TCS follows a policy where it recruits 70% of its annual intake from campuses. The company recruited 24,000 persons in the fiscal ended March 2010. Nasscom, the industry body for software companies , has laid down ground rules for campus recruitments under which member-companies are allowed to enter campus only at the beginning of the eighth semester of engineering. Going by recruitment data and growth projections, most tech majors began 2010 with conservative estimates of manpower required but gradually scaled up their targets as the year progressed.
               At the beginning of this fiscal, Infosys had said it would recruit 30,000 but hiked the figure to 40,000 by September-end . The annual report of Infosys says in the previous year (2009-10 ), the company interviewed 61,000 people and made 26,200 job offers. As of March 2010, Infosys and its subsidiaries had an employee strength of approximately 1,13,800 employees, of which 1,06,900 are technology professionals, including trainees.
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Source
The Times of India
read more: <click here>

 
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Global Internet search giant Google Inc on Thursday announced plans to hire 300 people to double its engineering headcount in India and strengthen Hyderabad as its largest cloud computing research and development centre in the world.
 Google plans to recruit 300 engineers in couple of years to increase its presence in India with focus on cloud computing. According to Peeyush Ranjan, head of engineering, Google India , 300 engineers were already working in Hyderabad and Bangalore on cloud computing.
 Google in India
 According to Ranjan, Google already has 2,000 employees in India and the Hyderabad engineering centre will be core to its efforts to focus on cloud computing. While the engineering centre in Bangalore is working on cloud computing as well as search, ads, maps and news, the Hyderabad centre is focusing only on cloud computing.
                 He said, " The work being done in these two centres are global in nature and the technologies they are developing are for the business globally."
 About Cloud Computing
 Cloud computing is web-based processing, whereby shared resources, software, and information are provided to computers and other devices such as smart phones on demand over the Internet.
 Google already has cloud computing centres in Mountain View in California and New York but the Hyderabad centre is the largest in terms of the number of engineers working here.
               Peeyush Ranjan says, " India is a great market for cloud computing as it is the most price sensitive. Since cloud computing ensures efficiency and better utilization of resources, small and medium business are excited about it."
 Google has around three million customers in cloud computing globally. About 100,000 businesses in India are already using Google's cloud computing technologies.
 
Source
The Economic Times

 
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Are humans psychic ? A startling study has suggested that many people can see into the future. 
             Researchers, led by Daryl Bem at Cornell University, who carried out the study, have also found that influencing events before they happen is also within many people's remit, the Daily Mail reported. They have based their findings on an analysis of a series of experiments, involving 1,000 volunteers. 
                                In one experiment, students were shown a list of words to memorise. They were later asked to recall as many as they could and finally they were given a random selection of the words to type out. Not surprisingly, they were better at remembering some words than others. But spookily, these tended to be the words they would later be asked to type, suggesting a future event had affected their ability to remember. 
                                In another experiment, the students were shown an image of two curtains on a computer screen and told one concealed an erotic picture. The students chose the curtain hiding the naughty picture slightly more often than could be explained away by chance. 
                                Importantly, the position of the picture was randomly allotted by a computer which didn't make its decision until after the volunteer chose one curtain or the other. To believers in the paranormal, this suggests the students were actually influencing future events. In other words, they were able to see into the future , according to Bem, who carried out the study.
Read more: 
Psychic powers: Study shows we can see the future - The Times of India http://timesofindia.indiatimes.com/home/science/Psychic-powers-Study-shows-we-can-see-the-future/articleshow/6951651.cms#ixzz15jhYzrou

 
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Red Hat has welcomed the Open Standards for e-Governance Policy recently approved by the Indian Department of IT (DIT), calling it a victory for the open source community.
           “It is very heartening to note that a key section of the policy, Section 4.1.2 unambiguously states that: The Patent claims necessary to implement the Identified Standard shall be made available on a Royalty-Free basis for the life time of the Standard,” Red Hat said in a statement. “This was the section that was hotly contested by proprietary software vendors who lock in users through closed, proprietary formats. This is a historic moment for the Indian IT industry and DIT deserves congratulations for approving a policy that will ensure India's Digital Sovereignty and the long-term preservation of India's e-government data.”
                  The Indian government is spending billions of dollars on creating e-government applications, under the National e-Government Action Plan and the finalization of the Open Standard policy is a key step in this direction.
                 Open Standards are the backbone that will unify these applications and enable the sharing of data across different applications. This will drive more efficiency in e-governance enabling policy makers and e-government practitioners to quickly pull together data from different government departments and take more informed decisions.
                  According to Red Hat, “If the government hadn’t decisively supported open, royalty-free standards and supported proprietary, royalty-based technologies it would have pushed India into a type of technology neo-colonialism and this would have put our IT superpower status at risk. One hopes that they will take the task of unifying e-government through open standards seriously; and implement this policy in letter and spirit.”

 
                                                          Notice

       Finishing School starts from Monday, November 15, 2010

All the students of BE Final Year  eligible for finishing school are hereby informed that there are 5 esteemed companies lined up for campus recruitment procedure during Dec – Jan 2010. Keeping this in view we are beginning the finishing school classes in full swing from Monday, November 15, 2010.

The students who have taken the forms and haven’t yet submitted the fees are advised to do so at the earliest and ensure their admission.

The first two lectures will be highly important for all those appearing the upcoming campus as some industry experts will acquaint the students with the corporate recruitment policies and expectations of industry from budding engineers.

Dr. George Thomas                                            Mrs. Sudha Mishra
Principal, IPSCTM                                             Coordinator, Finishing School
 
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hey bloggers...
Here i bring something intresting for you , just check out these people they are the most powerful people of the world.
          Forbes recently published this list and Hu Jintao(president "People's Republic of China) is the most powerful person of the world ,previously it was Barack Obama coz of the recent political reasons he slipped down to 2nd. Indianalso holdsits position in the Top Ten (Sonia Gandhi 9th).just check the full list .
  1. Hu Jintao
  2. Barack Obama
  3. Abdullah bin Abdul Aziz al Saud
  4. Vladimir Putin
  5. Pope Benedict XVI
  6. Angela Merkel
  7. David Cameron
  8. Ben Bernanke
  9. Sonia Gandhi
  10. Bill Gates
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for full list Click here.......

 
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Infosys mentor N R Narayana Murthy has a piece of advice for all those IT engineers who wish to settle abroad.Youngsters looking to settle abroad, especially the US, courtesy IT industry should opt for career growth within India which offers larger growth opportunities than anywhere else in the world.
                 Murthy said one expects youngsters to get good salaries and good disposal of income in India, for which they have to get good quality jobs here. "But their objective cannot be to go and settle down in some other country, especially the US."
                "Somehow our youngsters have all assumed the idea of joining this industry is to go to US, get there, get an H1B, convert it into green card and settle down there. I think it is a wrong solution, a wrong strategy," he said while addressing a summit here.
"This time you have a great opportunity to consolidate and by working in India, by becoming a good quality professional you will sustain the advantage we have created and will make growth in India a permanent rather than a temporary feature."
                On wooing back Indian talent, Murthy said there was no need to increase their salaries by 50 times to ensure this. But their lives could be made easier by providing schools, making sure that power condition and commuting is reasonably all right.
                "This is being done by many countries in the world. This is nothing new. This is not rocket science," he said, adding there must also be attempts to ensure that the facilities are enhanced. "I think all state governments must make an attempt to say we will allow as many English medium schools as required because if you do not do so, then the children will not be able to move from one state to another."
                Job opportunities available to children who go to English medium schools generally are seen to be of a higher quality and is a reality whether one likes it or not, he said. To get these section back, the combination of financial income coupled with comfort of living in India and with the family should be higher than the financial income and discomfort living abroad, he said.

 
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The silicon valley of India, Bangalore has been listed by Forbes magazines among the world's fastest-growing cities. The list also includes 2 other Indian cities - Ahmedabad and Chennai.
              Bangalore houses the majority of IT companies in India, including IT giants Infosys and Wipro.It is rightly called as the Silicon Valley of India because of its position as the nation's leading IT exporter.Bangalore currently boasts of over 1500 IT firms and many more in other sectors. Wholly owned subsidaries of MNCs such as Motorola, Texas Instruments, and Hewlett  Packard have their base in Bangalore.
               The IT firms principally provide range of services including customer software application development,maintenance, facility management and training. While the IT sector has brought the city into limelight, it has a fairly diverse portfolio of activities with firs manufacturing tools, telecom, equipment, electronics products and to some extent auto-components located in Bangalore. In the recent years, the city has also emerged as a premier bio-tech cluster in the country.Bangalore is also home to many of the most well-recognized colleges and research institutions in India.
              During the 1980'S,Bangalore's main software industry exports were not products, but people : high skill, low-wage software engineers and programmers who took jobs in the United States. IT managers of Indian origin working in US firms have played an important role in helping their firms consider outsourcing to India.
              During 1960's and 1970's, a number of skilled Indian professionals migrated to USA ( of which of them were from Bangalore) and returned to India in 1980's. Most of them became entrepreneurs and set up centers in Bangalore taking advantage of large English speaking population in Bangalore. Consequently, outsoursing becomes even more cost-effective.          

 
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        The founder of Wipro, India's major IT company, Azim Premji has a reputation for supporting charitable causes. In his latest venture, Premji is taking his philanthropic activites to another level by setting up an endowment trust with a billion dollars of capital.
         The trust will be used to support initiatives for improving education standards and to upgrade teaching methods. Premji has plans for a world-class university with a large endowment. The trust is said to be modeled after the Harvard Management Company, which manages Harvard University’s $27.6 billion endowment. Premji’s trust is expected to begin operating in January next year.
             The capital for Premji’s trust is likely to come from selling a 4% stake in Wipro to bring his holdings down to 75% to satisfy the government new requirement. In June, the finance ministry announced that listed companies would be required to have at least 25% of their shares publicly traded.
Azim Premji Foundation

 The Azim Premji Foundation says it "Aims at making a tangible impact on identified social issues by working in active partnership with the Government and other related sectors of society". The Foundation was set up with financial resources contributed by Azim Premji.
         Azim Premji is known for his modesty and frugality in spite of his wealth. He drives a Toyota Corolla and flies economy class, prefers to stay in company guest houses rather than luxury hotels and even served food on paper plates at a lunch honouring his son's wedding.


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