MindTree outbid other major Indian IT firms TCS, Wipro and Infosys to win a major contract from UIDAI. Pay for tech talent is increasing as firms compete for workers. Microsoft is outsourcing some internal tech support to Infosys. Google acquired several startups and is in talks to buy ITA Software. Hewlett-Packard acquired Palm for $1.2 billion. Major IT firms like Infosys, TCS and Wipro are hiring over 20,000 employees in Q4. Facebook is hiring in India and Barclays laid off 250 India staff.

1. NewsfoliO
An Addwiser Presentation
MAY 2010/16 C-EX
TNEWS
NOW CALLED
NEWSFOLIO!!
TORQUE
GADGET PICK MindTree outbids TCS, Wipro, Infy to win UIDAI
Top News
contract (Source: Economic Times) Being defeated is often a temporary
1. Mac Book Pro ‐‐ APPLE http://bit.ly/blGY0X condition, giving up is what makes it
+Display Port‐out jacks permanent. Like you don’t drown by
(Audio & Video), Battery Pay War Breaks Out as India's Tech Firms Vie for falling in water you drown by staying
‐Processor Talent (Source: Wall Street Journal) there.
2. WePAD ‐‐ NEOFONIE http://bit.ly/c6cBmH
+11.6” inch Screen,
Multitasking, Android,
Webcam, and Flash. Industry Updates (IT-ITES) Contd…
‐ Not yet available in India  IBM wins 5‐year Finnish Alko IT outsourcing deal
3. 3D LED TV ‐‐ SAMSUNG  IT/BPO firms increases hiring but exercise caution (Source: Reuters) http://bit.ly/cahQ6b
+Thin (7.98mm), Touch (Source: Business Standard) http://bit.ly/9uGjQx
 Nokia buys location technology firm MetaCarta
Screen.
‐ Health Risks (?)
 Microsoft outsources internal tech care to Infosys (Source: Reuters) http://bit.ly/blVbgE
(Economic Times) http://bit.ly/9HIcWr
 AT&T to scale up operations in India, China
HEALTH PICK  Twitter to Start Rolling Out Advertising (Source: Wall (Source: Rediff) http://bit.ly/b9v6oj
Street Journal ) http://bit.ly/al4tTi
Study: Chocolate and  UST in tie‐up with Virgin Racing
depression go hand in hand.  Wipro's solution wins Global Product Excellence 2010 (Source: Economic Times) http://bit.ly/9UZC1O
(CNN) http://bit.ly/cOgzg7 Award (Source: Economic Times) http://bit.ly/9ChrPS
 Visa to buy CyberSource for $2 Billion
The health dangers of piling  Wipro Tech enters Blu‐ray market, signs pact with Philips (Source: New York Times) http://nyti.ms/dzVIbr
up bad habits (TIME) (Source: Hindu Business Line) http://bit.ly/9sxmyq
 Sierra Atlantic buys Baytree Associates in all‐cash
http://bit.ly/br7gjY
 Orkut trumps Facebook in India (Source: Economic Times) deal (Source: Hindu Business Line)
Laughter affects the body like http://bit.ly/b0jzCl http://bit.ly/c2CTo6
exercise (TOI)  Salesforce.com joins In Tech Buying Binge
http://bit.ly/c5SLDJ Launches & Innovation
(Source: Wall Street Journal ) http://bit.ly/a1KdCj
HOT JOBS  Opera Software acquires Email Service Provider
 Microsoft goes social with new Kin smartphones (Source:
FastMail (Source: TechCrunch) http://bit.ly/99FGn4
CNN) http://bit.ly/ccJzzW
Looking for Bid Manager
 Integra acquires US’ Silver Editions
for a leading company in IT  IBM creates world's smallest 3D map (Source: Economic
(Source: Economic Times) http://bit.ly/9rjCg0
solutions, services and BPO Times) http://bit.ly/apJYwg
services (B'lore).For details,  MGF.com enters India, to invest $10‐mn in next 5
 Thomson Reuters launches high‐speed global network
Pls visit: http://bit.ly/9yA15Z) years (Source: Economic Times) http://bit.ly/9QA4i7
(Source: Reuters) http://bit.ly/bxsiBN
 Ning Moves to Phase Out Free Accounts
 Research In Motion to debut Operating System, Browser
Looking for Business (Source: Wall Street Journal ) http://bit.ly/d2FaLI
(Source: Bloomberg) http://bit.ly/cGtVgK
Manager for Gurgaon
based leading BPO with 4+ yrs
Hiring & Firing:
of experience. Deals & Expansions
http://lnkd.in/p7S65A  3 Indian IT giants hire 20,000 employees in Q4
 Hewlett‐Packard will acquire Palm for $1.2 Billion
(Source: Economic times) http://bit.ly/bduxkg
Domestic BPO Sales Head (Source: Bloomberg) http://bit.ly/cPu8h5
 Facebook is Hiring ‐ In India
for a Global Services Co  Apple buys small chip maker, app developer
(Source: Techtree) http://bit.ly/8ZJ1zb
(contact@addwiser.biz) (Source: Reuters) http://bit.ly/aoEzFk & start‐up behind
the iPad's Chip (Source: Wall Street Journal )  Barclays Lays Off 250 India Staff
Support Engineer (DSC http://bit.ly/9Oxo9H (Source: Wall Street Journal ) http://bit.ly/cWbsRS
ADSI) with 3+ yrs experience  Aegis to raise headcount by 11,000 this fiscal
 Google acquires Israeli gadget provider LabPixies
for Bangalore based Top IT (Source: Business Line) http://bit.ly/asVkao
(Source:Reuters) http://bit.ly/cL026F, Buys Stealth
Company. For details pls visit: Hardware Startup Agnilux (Source: Techmeme)  EMC to Add 2,000 More Jobs as Net Surges
http://bit.ly/9cg… http://bit.ly/btZGuX and in talks to buy ITA Software: (Source: Wall Street Journal ) http://bit.ly/c3UiO3
report (Source: Reuters) http://bit.ly/aH8pR6
 Mahindra Satyam to hire 4,000 associates this
AD-WISE  Aegis awards quality process outsourcing contract to US quarter (Source: Economic Times)
entity (Source: Economic Times) http://bit.ly/czA6Iy and http://bit.ly/cw3mVc
Resfolio increasingly known Aegis Srinagar BPO to kick off with Vodafone deal
 CA to Cut 1,000 Jobs (Source: Wall Street Journal )
as "Resume with Click‐ (Source: Economic Times) http://bit.ly/b21H4M
http://bit.ly/9zzRyr
Buttons". Truly effective and  TCS inks global engineering services pact with Rolls‐Royce
innovative!  iGate to hire 500 (Source: Times Of India)
(Source: Economic Times) http://bit.ly/bvoTUX
http://bit.ly/24E4v3 http://bit.ly/cxKwRr.
 Aditi to acquire Infospace India Development Centre
(Source: Economic Times) http://bit.ly/cIYAiu
Visit our BLOG Addwiser Pick of the Month
 MphasiS to buy Fortify Infrastructure Services
(Source: Economic Times) http://bit.ly/bu8P96
www.addwiser.  Turn A Rejection Into A Job Offer
blogspot.com  Facebook
(Source:
to
Economic
launch operations
Times)
in China
http://bit.ly/bFdgQv,
(Source: Forbes.com) http://bit.ly/b8qmEs
acquires Photo Site Divvyshot  You’ve made a mistake, now what ?
TNEWS TEAM (Source: Wall Street Journal) http://bit.ly/9VSiUm (Source: Harvard Business Review)
Chief Coordinator: http://bit.ly/9lchyW
Subin Amarnathan  Oracle to Buy Health‐Software Firm for $685 Million
Coordinator: (Source: Wall Street Journal ) http://bit.ly/9BWVWA
Smita Philip
Contd…
Consultants:
Monika Singh, Saloni
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