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Paramita Bannerjee's  Instablog

Paramita Bannerjee
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Paramita Bannerjee was born and raised in Kolkata, India. She started her stock market career with Kotak Securities and has been the chief contributor to more than 35 corporate and 13 industrial blogs. She specializes in and closely tracks the Technology sector.
My blog:
the technology sector
  • Infosys Delays Start-dates For New Hires As Slowdown Bites 0 comments
    Jun 20, 2012 11:52 AM

    Infosys is delaying taking on board some of its planned 28,000 new recruits until mid-2103, underlining the slowdown faced by India's No 2 software services company, accorfing to media reports.

    Engineering graduates who were offered jobs from campus placements between August and September last year have started to receive joining dates from September this year to as late as after mid-2013.

    Infosys, which is also listed on Nasdaq, disappointed investors in April with a weaker-than-expected revenue growth outlook due to an uncertain global economy.

    The result sparked worries about the prospects for the country's USD 100 billion outsourcing sector, which is facing slowing demand from western clients, intense competition from global rivals and volatile currency markets.

    Infosys

    Themes: IT Sector, Infosys
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Bharti Airtel, Cognizant, economy, HCL Tech, HCL Tech , HCL Technologies, Infosys, IT Industry, IT Sector, KPIT Cummins, long-ideas, Mahindra Saryam, Moser Baer, TCS, Tech Stocks, Technology, Technology Sector, Telecom Stocks, Wipro
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