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Friday, March 12, 2010

ITC Infotech looks to hire 1,800 people by March 2011

IT services and solutions firm ITC Infotech is looking to hire over 1,800 employees by March next year in its various offices across the country.

"We are looking to ramp up our headcount by more than 50 per cent to 5,000 employees by March next year," ITC Infotech HR head Anand Talwar told PTI.

The Bangalore-based company's current employee strength is 3,200 across its offices in various cities, including Bangalore, Kolkata and Hyderabad.

ITC Infotech, a fully-owned subsidiary of the $5 billion conglomerate ITC group, provides outsourced IT services and solutions to leading global customers, apart from that to the parent group's companies in the country.

The company has established a service delivery footprint across more than 140 countries worldwide and provides end-to-end solutions through dedicated development and delivery centres and offices in North America, Europe and Asia Pacific.

In addition, the company has two massive delivery hubs based out of Bangalore and Kolkata.

With the economic scenario improving globally, a host of IT companies have recently announced hiring plans, including TCS, Infosys, Wipro and Mahindra Satyam.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Wednesday, Apr 09
22:30 10-Year Note Auction 1 4.435% 4.310%
23:30 FOMC Minutes 3
Thursday, Apr 10
02:20 Fed's Hammack speech 2
03:00 Fed's Kashkari speech 2
04:31 RICS Housing Price Balance 1 2% 8% 11%
15:30 RBA Governor Bullock speech 3
18:00 Initial Jobless Claims 4-week average 1 223K
18:00 Initial Jobless Claims 2 223K 219K
18:00 Continuing Jobless Claims 1 1.880M 1.903M
18:00 Building Permits (MoM) 1 -0.8% -3.2%
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