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Tuesday, August 24, 2010

Time for Consolidation of Indian IT Sector



Indian IT industry has withstood the 2008 recession well, All thanks to the cash pile and the margins and the meager pay salaries over the last two years, The reason for coming out even strongly is the cost cutting measures ranging from sending fewer people on-site, some price negotiations, giving no salary hike for two consuctive years to employees(on name of recession), firing people secretly(so that stock does not plummets) etc, ...read full

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