IT, BPO sectors largest job creators

The Hindu Business Line
The information technology (IT) and IT-enabled sectors (ITES) have emerged as the biggest white-collar employment provider in the country, generating about 44 per cent of the 7,558 job advertisements that came out last month in newspapers and Internet sites, according to Assocham `Eco Pulse' (AEP) data. Of the total 7,558 job positions tracked by AEP during the period, 3,391 insertions were for IT and IT-enabled services, 1,784 insertions were for finance positions and 736 for marketing jobs. The human resources stream had 534 job advertisements during the period, 385 for engineering positions, 234 for academics posts, 150 for the pharmaceutical sector and 147 for jobs in the hospitality sector. more...

India's Wipro beats expectations

CNN.com
India's third-largest software services firm, Wipro Ltd., reported a 60 percent rise in third-quarter net profit, beating analysts expectations, as outsourcing demand grew. The Bangalore-based company said on Friday its October-December net profit rose to 4.27 billion rupees, or $98.7 million, from 2.66 billion a year earlier. Revenue increased by 34 percent to 20.9 billion rupees. A Reuters poll had forecast a net profit of 4.12 billion rupees on revenue of 20.85 billion rupees. more...