Attrition in Infosys / TCS / Cognizant – Impact
The real, more serious worry, we argue, should be the cost of lost revenues should firms not be able to hire strongly and quickly enough to meet full client demands and also hire additionally just-in-time to offset higher attrition while keeping buffers in store. Patni, a mid-sized player, missed revenue expectations in the last two quarters, attributing the revenue miss to high attrition and consequent inability to execute.
According to a case study on Attrition cost impact analysis using Infosys data reveals a modest 80 bps of points of impact on Read more
Era of Growth comes to an End at Infosys – Disappointing Results
Infosys Technologies Ltd , India’s leading Software Labor Arbitrage company announced the Audited Consolidated results for the quarter & year ended March 31, 2010 – The Group has posted a net profit after tax & minority interest of Rs 16170 million for the quarter ended March 31, 2010 as compared to Rs 16130 million for the quarter ended March 31, 2009. Total Income has increased from Rs 58870 million for the quarter ended March 31, 2009 to Rs 61420 million for the quarter ended March 31, 2010. Read more
Tech Mahindra – Satyam – Management Meet
Key takeaways from management meeting,
- BT business likely to be stable in the next few quarters post the contract restructurings;
- Rest of the business (non-BT) continues to do reasonably well;
- TEM (Telecom Equipment Manufacturers) business remains challenged – now a very small proportion of revenues (less than 5%);
DoT may give 2G spectrum to newcomer entrant 3G winners
In a move that will lead to increase in competition for the incumbent operators for the forthcoming auction of third generation (3G) spectrum, the department of telecommunications (DoT) is contemplating a move to provide 2G spectrum as well to the stand-alone winners of auction.
As per the revised memorandum issued by the DoT in October, along with the incumbent operators which have the Unified Access Service License (UASL), any player having experience of running 3G services is allowed to bid. The clause is primarily meant for the foreign operators. The DoT has also clarified that foreign operators can bid stand-alone and arrange a minority partner later. Read more
Tata Communications Steps to Reduce False Answer Supervision
Tata Communications, a leading provider of a new world of communications and chair of the Global FAS forum, an industry wide forum formed to deal with the growing problem of False Answer Supervision (FAS), today announced that it has disconnected several carriers as part of its proactive actions to stamp out this form of fraud in the industry
FAS occurs when the calling party:
- is charged for a completed call even though the. call was never connected Read more
Telecom minister hints amending rules of USO Fund to penetrate rural market
Betting high on the its rural thrust, the government is mulling to tweak the Universal Service Obligation (USO) Fund rules in the next two months to enable telecom companies to have an access to the over Rs 11,000 crore fund. The fund under the USO, mandatorily lying with the government, is expected to give a booster to the industry in pursuing rural telephony.
Communications minister A Raja has said that the ministry was mulling to remove the rigidity in USO Fund rules and make it more flexible for telecom companies to increase rural penetration. He also added the new rules would do away with the tender system for allotting funds to operators, unnecessarily prolonging the procedural formalities. Read more
TATA DOCOMO Animation Contest is Live
The TATA DOCOMO Animation Contest is hotting up! The floodgates have opened and the entries have started to pour in gradually. The first animation entry was uploaded on the TATA DOCOMO Animation Contest website yesterday and its theme seemed to centre around football. It showcased DO CO and MO passing the ball to each other. This was followed shortly by another animation entry which Read more
Key Takeaways of Mobile Number Portability in India
Here are the key takeaways of the long awaited Mobile Number Portability in India.
- MNP allowed only within a circle – subs moving from one circle to another cannot port their number.
- Subscribers allowed to port their numbers, only once every 90 days
- Subscribers would have to pay porting fees, if any, to the Recipient Operator (RO)
Reliance GSM Mobile Drops Tariffs in South
In order to compete with Tata DoCoMo and MTS wireless service providers, Reliance GSM has lowered its Tariffs. On a one-time recharge of Rs21-31, RCOM is offering lower tariffs (30-60p/min for local, Rs1.0 for NLD) to lifetime subs in south Indian circles – Kerala, AP, TN and Karnataka. Earlier, lower tariffs required monthly/ quarterly recharge of Rs21-26/month (w/o any talk time). This move coincides with Tata DoCoMo GSM launch in these circles in July 09. DoCoMo USP is per second billing (1p/2p per min for local/NLD calls).
MTS Onam Offer – Unlimited First Minute Free Call
In order to gain quick consumer base and market share, MTS has announced special Onam offer in Kerala. Details as follows,
- To offer 1st minute free on unlimited number of calls!
- 49p/min from 2nd minute on all local calls; STD calls @ Re.1/min
Mr. Srinirao Saripalli, Chief Operating Officer, Kerala & Tamil Nadu, Sistema Shyam TeleServices, said,
On the auspicious occasion of Onam, we welcome the spirit of festivity and celebration with an incredible value proposition for our customers in Kerala. As in the past, we look forward to seeing a large number of customers draw value the from the innovative MSaver 98 & MSaver 199 offerings of MTS
MTS MSaver – Rs 98 Tariff Card Read more
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