Word: teche
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...seekers in India's tech sector, it's the best of times?and the worst. When Venugopal Rao Moram, a 29-year-old software engineer living in Bangalore, began looking for a new job in June this year, it took him just two weeks before he found the work he wanted?a position with Microsoft in the city of Hyderabad. "The moment you put your r?sum? on the Internet, the offers start coming in," says Moram, who's been working in the tech sector for six years. "Everyone looking for a job has at least five offers...
...India's tech sector is in the grip of an extraordinary paradox. With almost all tech companies on a hiring spree, there's never been more demand for ?lite employees who have attended the right colleges or have a few years' experience at a prestigious company. Yet for hundreds of thousands of starry-eyed young men and women who are drawn to the IT sector in the hope that it will provide a way out of India's crushing unemployment problem, the promise of a high-paying job is turning out to be a mirage...
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...classic new-economy fable: a university student starts a tech firm in Silicon Valley, never bothers to graduate and goes on to make billions. The only difference between that legend and the true story of Mike Lazaridis, founder of Research in Motion (RIM), is that it took Lazaridis about a decade to come up with his killer idea, and when his epiphany did come, it happened in Canada, not California...
Today, as Murthy sits in the chairman's office of Infosys, a Bangalore-based software and services company, his capitalist transformation is complete. Murthy has helped turn outsourcing into a multibillion-dollar business that has rejuvenated U.S. and European companies by slashing their tech spending. But his success has also contributed to fears that American software-engineers' jobs could migrate to India, making outsourcing a hot political topic...