Wednesday, August 18, 2010

AP Engg. collages 637 + 25 = 662


so 662 x 300 ( first year intake ) = 198,600 + 1400 ( 100 additional x 14 accredited collages ) = 200,000

25 more engg. colleges this year

http://www.hindu.com/2010/06/25/stories/2010062563530400.htm

Special Correspondent

Additional intake to be around 15,000


Andhra Pradesh already has 637 engineering colleges

Final figure will be clear on June 28 after AICTE meeting


Hyderabad: About 25 new engineering colleges are likely to be added to the State's whopping list of 637 colleges this year.

The additional intake is likely to be around 15,000 seats thanks to the new colleges and additional intake in the existing colleges.

Meeting

The meeting between the AICTE Regional Coordinator and the State government on Thursday discussed the issue of new colleges and seats and the latter was informed that about 22 new colleges were likely to be given permission this year apart from three integrated campuses that would offer engineering, pharmacy, MBA and MCA courses.

The final figure of colleges and seats will be confirmed on June 28 when the AICTE Governing Council will meet in New Delhi and gives its approval.

The list will be displayed on June 30.

Officials said it was made clear to them that no college will be given permission after June 30. So there will not be any last minute inclusions in the counselling like the previous years.

Seat limit

The AICTE is said to have made it clear that only 300 seats will be permitted in every new engineering college while the maximum limit for existing colleges will be 420 seats.

Accredited colleges will be allowed to admit 540 students. Interestingly, most of the existing colleges have more than 420 seats and their applications for additional seats are likely to be put in cold storage now.

Similarly, only 180 seats each will be permitted in MBA and MCA colleges. In the M.Tech stream 18 seats will be allowed but it can be hiked 32 seats if faculty is available.

The muck talked about second shift in engineering colleges will not be a reality and the State government informed of its intention to the AICTE officials.

“It will be very difficult for students and also teachers to work in two shifts. Moreover, the State has sufficient seats in engineering,” JNTUH Vice Chancellor D.N. Reddy said.

However, the polytechnics now functioning in 90 engineering colleges in the second shift will work normally.

India IT workForce


IBM is India's second largest pvt sector employer

Some said that IBM Daksh (the BPO unit) alone employs about 50,000 people in India. IBM Global Services --- which straddles hardware (telecom, retail billing, mainframe, servers, etc) and software sales, services and support business, consulting business --- and IBM Labs are together seen to employ another 70,000 to 80,000 people.

BANGALORE: Tata Consultancy Services is the largest private sector employer in the country. It had 1,63,700 employees as on June 30. But guess who's number 2?

The honour goes to -- surprise, surprise -- IBM. That's right. Not to any Tata or Ambani company, or to Infosys or Wipro.


The fact that IBM has over one lakh people on its rolls in this country is one of India Inc's best-kept secrets. No one in US-headquartered IBM will admit that it employs such a large number of people in India -- for fear of a backlash at home. There's been rising anger in the US over the transfer of `American jobs' to lower cost havens, particularly India. Faced with an economic slowdown and a politically-damaging high employement rate, Barack Obama himself has begun to sound jingoistic. He has issued barely-veiled threats against US companies that ship out work and promised candies to those who stay patriotic.

Even as an IBM spokesperson declined comment when contacted, a source within the company said that in a couple of years, the India employee strength could cross that in the US, where it employs about 1,55,000 people, and where the pace of hiring is substantially slower than in India. IBM globally has a little over 4,00,000 employees. So, close to 1 in 3 of its employees is already an Indian.

Its staff strength is more than four times that of India's biggest private sector company, Reliance Industries, which employs about 23,000 people. It is bigger than the combined employee base of the two Tata Group's crown jewels, Tata Steel (81,000) and Tata Motors (24,000).

A cross-section of industry analysts and manpower recruitment firms TOI spoke with not only put IBM's India workforce (including that of its wholly-owned subsidiary IBM Daksh) at over one lakh, some even went to the extent of saying it might be 1.3 lakh -- well over Infosys' 1.14 lakh as on June 30. Infosys is India's second largest IT firm by revenue and third, it now transpires, by employees.

Since 2007, the company has stopped disclosing the geographic break-up of its employee numbers. The last time it provided figures was in 2007, when it said it had 73,000 employees in India. Since then, the company has maintained that it's a global company and geographic numbers do not have any meaning in that context.

IT services firms have emerged as India's biggest job generators, even as traditional manufacturing firms -- historically big employers -- have tended to cut down on numbers to control costs. Typically, this sector also generates high paying, high disposable income jobs, unlike manufacturing.

It's well known that IBM has been hiring aggressively in India. The 2007 figure of 73,000 was a near 40% increase over the 2006 figure of 53,000. Since then, big IT companies have been hiring upwards of 20,000 people a year.

"Even during the recession years of 2008/2009, it was mostly IBM, along with Accenture, that kept the lights on in the hiring market," says a headhunter. In an environment where the pressure to cut/control cost is brutal, hiring people at relatively higher salaries has become a luxury few can afford.

Saturday, August 14, 2010

Tata Group: The numbers 1991 to 2010

Tata Group: The numbers6 Aug 2010,

While revenues have increased 10-fold for the group as a whole, net profit has gone up only 4-fold. But it has delivered to shareholders.
No. of companies: 32 (1991) 29 (2010)
Employees: 119,209 (1991) 320,258 (2010)
Revenues: Rs 30,920 cr (1991) Rs 293,562 cr (2010) CAGR: 11.6%
Net Profit: Rs 2,627 cr (1991) Rs 10,867 (2010) CAGR: 17.1%
Market cap: Rs 26,172 cr (1991) Rs 367,145 (2010) CAGR: 34.1%
Figures for listed companies. CAGR: Compounded annual growth rate

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MUMBAI—During his 18-year tenure as chairman of India's venerable Tata Group, 71-year-old Ratan Tata has led a drive to expand internationally, a strategy India's other sprawling companies seek to emulate.
With annual revenue above $70 billion, Tata Group now derives 65% of its sales outside of India and employs 357,000 people world-wide. It has interests in tea, hotels, cars, steel, chemicals and information technology, among others.
But the last two years have been among its rockiest as the company, which was founded in 1868, swallowed two big overseas acquisitions just in time for a global financial crisis.
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Wall Street journal
Ratan Tata may have another surprise up his sleeve before he leaves. Though he often comes off as shy and soft spoken, since taking over the company in 1991 he has shown he is not afraid of bold moves. He has said in the past he is ready to break from tradition and consider handing over the reins to a non-family member, non-group member and even a non-Indian.
Heading a diverse group with interests in many of the fastest growing industries in one of the world’s fastest expanding economies could be lucrative and exciting enough for any executive to jump at. However it will also include the heavy yoke of spreading the good news about the Tata way of doing business, which often puts communities and employees before profit and requires its people to stick to a strict code of conduct in a country which often runs on rule bending.
These Tata values are
the heart and soul of the Tata Brand and the head of the group is like the Pope, the protector and promoter of the way.

That’s no exaggeration. The cult-like following of past leaders is obvious at Jamshedpur, the town that Tata built (and still controls) in eastern India. In the steel-making city, offices and museums are plastered with the posters of past chairmen and executives and parks hold statues and fountains dedicated to the founder. The sprawling J.R.D. Tata Sports complex has a giant billboard of the smiling face of J.R.D. that would make North Korea’s Dear Leader Kim Jong Il jealous.
Who but a Tata, or at least a long-time veteran of the group, is pure of heart and brave enough to bear this burden? Applications for the crown are now being accepted.