IBM Global Services in Bangalore has come out with a new incentive scheme to motivate its employees, who have been with the organization for over three or four years now, and have been good performers. This scheme has been implemented in a US Based Sales Process first.  Even as many IT companies are shedding staff and reducing salaries, IBM seeing a brighter future in India. More...

While the majority of Indian tech companies follow approved procedures to secure proper visas for their techies to work in USA, it is an open secret that some unscrupulous Indian firms are exploiting the system as well as their Indian employees.  A recent US Government report found as many as 25 percent of all Indian H-1B visas had some misrepresentation or fraud. More...

Leading technology powerhouse Infosys launched a T-20 cricket tournament on Oct 15 for 24 Engineering colleges in Bangalore and Mysore.  According to Infosys: “The event provides an opportunity for Infoscions to interact with prospective IT professionals with the aim of fostering team-work among them”.  With T-20s growing popularity this event would strengthen the company’s relationship with the prestigious engineering colleagues in this region. More...

Aryans Infoway (www.aryansinfoway.com), a software company based in Technopark, Trivandrum has cheated its employees to the tune of Rs.6 crores. The modus operandi was fairly simple – every employee was made to deposit Rs.1 lakh each as ‘share investment’ in the company and so, with 600 recruits in the last three years, it was fairly easy money for the company’s promoter. More...

American blog TechCrunch is one of the most powerful media organizations in the world.  TechCrunch founder and CEO Michael Arrington is on first name basis with most senior managers of the top tech companies.  In a record of sorts,  last month TechCrunch had a million readers to its RSS feed which is more than the figures of the top 10 blogs in India combined together. More...

UK’s biggest mortgage giant HBOS is making news due to an impending 12 billion pound takeover by Lloyds TSB as well as rumors that some Lloyd shareholders are resisting this alliance. But eleven top officials of HBOS including HBOS IT Director John Callan and head of IT sourcing Adam Warwick found time to fly to Bangalore, India to explore outsourcing tech jobs. More...

In the forthcoming elections to the Lok Sabha in 2009, many of the NRI crowd is slated to fly back to India to test their luck in the political waters. One of them is Srikanth Reddy Palem, the MD and CEO of Four Soft (the world's largest transportation and logistics software products company), who would be contesting as a TDP (Telugu Desam Party) candidate. More...

Gyanesh Kumar Jha, a software engineer at TCS, Gurgaon turned out to be a terror suspect for a little while when his black Bajaj Pulsar motorcycle was found abandoned in a no-parking zone of Delhi airport on Saturday evening.  This was the same day the two terrorists who had placed a bomb in Mehrauli market killing innocent people had come riding a black colored Pulsar. More...

Respected Kerala Chief Minister VS Achuthanandan is chasing the dragon which has manifested in the form of hackers from China. Last year in June, the official website of the Kerala Chief Minister was hacked four times. The Hi-Tech Crime Enquiry Cell of Kerala Police with the help of C-DAC Cyber Forensic Division Experts have zeroed in on two IP addresses in China during the investigation. More...

Gurgaon is one of the most important tech hubs in India.  The IT software Sector in this ‘Millennium City’ earns revenue of $4 billion dollars a year.  Gurgaon is also the Head Quarters of India’s top BPO Genpact.  Raman Roy, whom many see as the founder of the Indian BPO industry, runs his company Quattro from this city.  40 percent of Fortune 100 companies have some presence here. More...