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'Firms can mitigate IT skills shortage'
The shortage of information and communications technology (ICT) skills in developed countries could become a serious issue once the worldwide economic crisis starts easing. This will be exacerbated by the falling number of masters and PhD holders in science and engineering, restrictions on cross-border movement of IT professionals and the US H-1B visa programme. However, this vicious circle could be mitigated by the Indian service firms increasingly recruiting internationally, according to a new OECD report on employment trends in the ICT sector.

UP mills to pay 5% MORE for cane
This is the third price hike in less than a month; mills will pay Rs 200-205 a quintal.

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Aricent to increase headcount by 15 per cent
Global outsourcing and innovation company Aricent plans to increase its global headcount by 10-15 per cent in the current fiscal. Of this, around 70-80 per cent will be in India.
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Court hands over verified documents to Satyam accused

A local court here after verification has handed over the supplementary chargesheet documents filed by the Central Bureau of Investigation (CBI) to the nine accused in the Satyam scam. - Court extends remand of Satyam fraud accused till Jan 6 - AV Rajwade: OTC vs exchange-traded">AV Rajwade: OTC vs exchange-traded - Govt urges US regulator not to punish Satyam - Rs 120-cr NTPC scam: CBI team to visit England soon - CBI charges Raju, others in fresh Rs 430-cr scam - Satyam fraud spurs govt to tighten corporate governance norms However, Satyam founder B Ramalinga Raju, who is undergoing treatment for hepatic ailment at Nizam’s Institute of Medical Sciences, would collect them later. The verified documents were handed over in four gunny bags to each of the accused. The court has posted the hearing on these documents for January 6. Meanwhile, the judicial custody of all the accused — which ended on Wednesday — has been extended till January 6.


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