TCS Raised Hiring Target To 75,000 Employees This Fiscal

Chandigarh University (CU) uncovers good news for its Computer Science and Information Technology students as India's largest software firm, TCS has recently increased its hiring target to 75,000 from 60,000 for this fiscal due to its promising demand in the software industry. According to the company, the attrition rate has stabilized at 16.2% during the second quarter as compared to the previous quarter, consequently raising the need to bring it down in the later quarters of the fiscal.

Executive vice president and global head Ajoy Mukherjee said, "We have revised upwards our hiring target due to the strong growth witnessed in the first half of the year. Accordingly, we will be hiring 75,000 this fiscal as against 60,000 as planned earlier." Such attrition in the domestic market is unbearable and the company has witnessed a remarkable decline on a month-on-month basis.

In order to bring-in satisfactory conditions, the company has earlier raised its hiring target by 10,000, resulting in desired improvement. The total revenue generated by the firm this quarter stands at Rs 27,165.50 Crore and revenue from a Digital Service segment also hiked by 13%-- said MD & CEO N Chandrasekaran.

Illustrating the employment as a wide phenomenon, Mukherjee said, "everyone who leaves ... people that we have in IT, it includes BPO, it includes people who have been hired for a project and once the project is over then they leave, all that is counter as attrition."

Ref:- http://www.hindustantimes.com/business/tcs-ups-hiring-target-by-15k-to-take-in-75-000-this-fiscal/story-WCRxp6UE6tkVpezGkuIeDL.html 

Read More

TIPS FOR CRACKING THE INTERVIEW

Interview day is the D- Day when one needs to put forward their best. It can get unnerving at times but you should prepare yourself to handle every situation and question very smartly. Here are few tips for you to crack your interview in the first go.

READ ABOUT THE COMPANIES YOU ARE INTERVIEWING WITH 

A thorough or reasonable knowledge about the concerned company would be always beneficial as then you can customize your answers according to the company’s working style.

EFFECTIVE COMMUNICATION SKILLS 

Develop your verbal communications skills. Having great management or technical skills and a strong record of accomplishment is not helpful if you can't verbally convey you successes.

MARKET YOURSELF

Remember, the job interview is a platform to market yourself. It is a strategic conversation with a
purpose. Your goal is to persuade the employer that you have the skills, background and ability to do the job and that you can comfortably fit into the organization and its culture.

BE CONFIDENT 

Look confident but not appear brash. Most people no matter how good they are sometimes just cannot handle themselves during their interviews. Just try to relax. Work on your communication skills from now itself. Learn to answer as succinctly as possible. If you are nervous do a few mock interviews with your friends.

ASK QUESTIONS 

This is one of the most important parts of an interview. A company will tell you what's in it for you, but you've got to read between the lines and ask honest questions. You don't want to be unpleasantly
surprised once you join, and in case you have questions about your designation, profile, responsibilities, salary, etc., it's time to shoot those questions now.

Read More

Accenture plans to hire 1,00,000 in FY16

Acenture plans to hire about 1,00,000 people in FY16 and spend as much as $1 billion on acquisitions, as it invests in new technologies at a scale that far outstrips its Indian rivals. At its investor conference in New York on Wednesday, Accenture outlined its strategy for its financial year ending August 2016.

"Last year we hired roughly 1,00,000 people. Though the number isn't set for this year, we expect to hire roughly in the same range," David Rowland, chief financial officer at Accenture, told investors and analysts.

At that pace, Accenture will remain the second-biggest employer in the IT industry. Tata Consultancy Services had overtaken the company in headcount in 2013, a title Accenture has since taken back.

TCS' hiring, the most aggressive among Indian IT firms, will be around 65,000 in FY16, falling far short of Accenture's recruitment. TCS' financial year ends in March.

Accenture is also beating its Indian IT rivals in the amount of money it is deploying for acquisitions. Rowland said the company which spent about $850 million on acquisitions in FY15, had estimated it would spend between $900 million and $1 billion on acquisitions in FY16.

Accenture also said it would focus its business on three 'new technologies' -- digital, cloud and cyber security, which together contribute $10 billion to its top line or a third of its overall revenue.

Read More

In process of generating over 10 Lakh Jobs – FINANCIAL SECTOR

In process of generating over 10 Lakh Jobs – FINANCIAL SECTOR

Here is a big and exciting news for our students pursuing banking and financial studies.

1.01 million is the additional workforce requirement between 2017 and 2022 as shown by an analysis on skill gap. In Non- Banking financing services sector a lot of semi urban areas are under penetrated. Not only this, RBI also identified around 400,000 villages that are unbanked.

To expand this sector thereby bringing a spurt in the jobs, RBI is moving ahead by issuing new licenses with an aim of expanding financial services to the rural areas.

An upward trend will be seen in the ‘Hiring Trend’ & may get a further boost from the public sector banks who will need the fresh talent for their productive expansion. Besides direct hiring, expansion in banking sector also helps in huge job creation in various support areas. To increase financial inclusion, the RBI had recently awarded licenses for new categories of banks - payment banks and small banks.

The new licenses will hire people with banking expertise for key positions, thereby triggering a revival in recruitment for banking. A fresh look is dawning upon this sector with plethora of options opening up for the young graduates.   If you are a student of B.Com, you can get placed as a sales executive for loans, mortgages and insurance with any of the leading banks. All you need is good communication skills. Similarly, if you hold an MBA in finance, you can expect to be placed as a relationship manager.

TIPS to get HIRED

·        Thorough your Financial & Accounting skills

·        Sharpen your Mathematical Aptitude

·        Stay focused

·        Choose your field of interest ad master it

·        Become a target oriented person who loves daily challenges and narrow deadline.

  
Reference:- http://profit.ndtv.com/news/market/article-financial-sector-to-generate-over-10-lakh-jobs-report-1229626

Read More

Top 6 Technical Skills That You Need To Know

Top 6 Technical Skills That You Need To Know

The use of technology is not restricted to any particular field. In this techno savvy era, lifestyle and technology goes hand-in-hand. Technology is an area that never retains as innovative brains keeps on introducing new and competent technologies that makes the mastered technology of previous year outdated.

According to Research in Labor Economics, the technology decays at a rate of 30% per year making nearly one-third of last year's technology related knowledge irrelevant.

Nevertheless, there is nothing to worry about-- as we have a solution for you. Staying up-to-date with the latest technologies and trends will help you survive the extremely booming world of technology. ChandigarhUniversity has gathered top six technical skills that every IT graduate need to know -

Coding
Coding is the basic and prime skill for IT graduate that is in demand worldwide. The vast growth of technology has made the need of coding as important as other basic forms of literacy like reading, writing etc.

Big data
According to a survey by Forbes, big data will continue to escalate, as a part of the rise of the Internet of Things is pending. Computerization in all fields has resulted in ever-larger volumes of data and it is vital to know that how to collect and analyze that data.

Cloudcomputing

According to TechRadar, 2015 will be the year of cloud, which will make it "new normal." Mark Barrenechea, CEO of OpenText writes that through digitization of information-intensive processes, the costs can be slashed by 90 percent. He also predicts that by end of year, "A world of hybrid deployments in which some information and applications reside in the cloud and the remainder resides on-premise."

Mobile

Six Dimensions states that, "If you don't have a mobile strategy, you don't have a future strategy." This statement has never been truer than in 2015 as increasing number of companies will definitely learn how to mobilize their revenue-generating processes, mentioned by The Guardian. According to Forbes, "2015 is also the year that we will hit critical mass with the fusion of mobile and cloud computing."

The above statements apparently imply that centrally coordinated apps will be serviceable on numerous devices.

Data Visualization

Data continues to multiply, which means that the message that we wish to communicate online must discover an increasingly innovative ways to break through such hindrances. Data visualization is an illustrative way that involves visual representation of the data to determine new information and breakthroughs as well. Opportunely, you don't have to be an expert to create compelling infographics.

UX Design Skills

User experience (UX) designers believe to improve the end user's ease of use and their experience of interfacing with a system. Jacob Gube states, "The more complex the system, the more involved will the planning and architecture have to be for it."

Read More

CUFEST 2015

It’s Got to be amazing because its CUFEST 2015

Mark the dates 30^th & 31^st October 2015 for a complete extravaganza of Cultural festival at Chandigarh University with CU FEST 2015. Bollywood Singers, Live Band, Dance, Drama, Music and lot more awaits you for this two days non-stop fun quotient. Go ahead and register at http://goo.gl/oR8sqP

Read More

With 2 Silver & I Bronze, Meet Jasleen Kaur, Tennis Sports star

With 2 Silver & I Bronze, Meet Jasleen Kaur, Tennis Sports star



“I am happy the Chandigarh University has recognized my talent and has offered me scholarship to pursue my B.Tech in Computer Science.”

Read More