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

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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.

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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.

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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

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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.

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