Microsoft To Rev Up Hiring in India

Published: 16 November 2004 y., Tuesday
What Microsoft will do with hundreds of new employees in India is not clear. However, it is clear that there is opportunity for high-tech growth in Asian nations like India and China. Other high-tech firms, like IBM, are also setting up outsourcing shops in India, and analysts expect the movement toward Asian countries to become an ongoing trend. On the heels of Red Hat's foray into China last week, Microsoft today announced that it will hire hundreds of new employees at its Indian campus next year. Microsoft currently employs 800 people at its US$400 million, 28-acre campus just outside India's high-tech hub of Hyderabad in Manikonda. Company executives said the hiring spree is aimed at leveraging growth opportunities in Asia's fourth-largest economy. "I am quite sure of hiring hundreds over the next 12 months," Reuters quoted Microsoft CEO Steve Ballmer as saying. "The work we are doing here is not low-level. It's very high-level creative engineering."
Šaltinis: E-Commerce Times
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

AB Bank SNORAS increases the capital amounting to LTL 72.5 million

On 31 August 2009 in a non-public way AB Bank SNORAS issued the emission of perpetual debt securities included into the bank capital amounting to LTL 72.5 million. more »

EU invests €6.8m for academic cooperation with industrialised countries in North America

The European Commission, through its longstanding cooperation with the US and Canada, announces the launch of 33 new and innovative projects involving universities and training institutions on both sides of the Atlantic. more »

The European Commission and the cosmetic industry match research funds to develop alternative solutions to animal testing

Today at the VII World Congress on Alternatives and Animal Use in the Life Sciences in Rome, the European Commission and the European cosmetic industry presented their joint financial effort for research into alternative safety testing methods. more »

SEB Bank invests LTL 4.6 million in to faster data transmission technologies

SEB Bank, the largest bank in Lithuania, invests almost LTL 4.6 million in to the upgrade of its data transmission network. more »

World Bank Supports Further Improvement of Rural Road Network in Armenia (39280)

The World Bank’s Board of Executive Directors today approved a credit of US$ 36.6 million equivalent of additional financing for the Lifeline Road Improvement Project for Armenia. more »

IMF Completes First Review Under Stand-By Arrangement with Latvia and Approves €195.2 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Latvia's performance under an economic program supported by a 27-month Stand-By Arrangement. more »

Commission approves the restructuring of Austrian Airlines

The Commission has today decided to close the formal investigation procedure into the privatisation and restructuring of Austrian Airlines concluding that the restructuring following its sale to Lufthansa is compatible with community law. more »

Wall Street applauds Bernanke

Ben Bernanke's reappointment as head of the Federal Reserve did not come as a surprise, but Wall Street still responded with the proverbial thumbs up. more »

Statistics on hotels in Lithania

Over I half-year 2009 accommodation establishments had by 22 per cent less guests. more »

Carbon fund set up by EBRD and EIB in 1st Russian venture

In the first such transaction in Russia, carbon credits generated by utilising gas which would otherwise be flared at an oilfield in eastern Siberia are to be purchased through a carbon fund set up by the EBRD and the European Investment Bank (EIB), the Multilateral Carbon Credit Fund (MCCF). more »