Techmahindra freshers ..bsc,bca

OFFCAMPUS 2009 & 2010

Dear All,



We are initiating Off Campus recruitment of B.Sc. (CS, IT, Physics, Chemistry, Mathematics, Statistics, Electronic, Electrical) / BCA / BCS graduates of 2009 and 2010.



We look forward to your support in recommending suitable candidates as per details given here under.



Eligibility Criterion

Candidates should have graduated in the year 2009 and 2010 with a consistent academic performance of Minimum 60 % & above at X, XII & Graduation (relax able to 55% & above at any one of the levels).



Only 1 year gap is allowed in between courses.



Graduation should be completed within the stipulated time allocated by respective University. Any gap during the course will not be considered.



Courses

1. BSC

Computer Science

Physics, Chemistry, Mathematics

Statistics

Information Technology

Electronics

Electrical



2. BCA



3. BCS



Compensation

Selected Candidates will be offered salary of Rs.1.44L pa. They will be put through initial training of 3 months and will be confirmed only after successful completion of the training. They will be required to sign a bond of Rs.1 Lakh for 2 years on joining.



Please note that we will not be considering any other discipline or pass outs from any other batch apart from the ones mentioned above.



Selection Process



· CVs are to be forwarded to bscfresher@techmahindra.com or bscfreshers@techmahindra.com

· Please send the CV’s with the spread sheet format attached. Incomplete entries & resumes sent directly to recruitment team or any one else will not be considered.

· Last date for receiving the resume is COB (6pm IST) –31st Dec 2010. CV’s will be shortlisted based on the criterion & intimation will be forwarded to candidates directly at least 1 week in advance, to appear for Aptitude tests / Interviews

· Candidates will be called to join from a merit list which will be prepared based on Academic, Aptitude Test & Interview performance of candidates. Communication to this effect will be sent to candidates by e-mail directly.

· Those offered will be required to join within 1 – 2 weeks of selection at Pune and Noida for training & subsequent posting. Not joining on given date and location will be considered as rejection.

· No queries with members of the Recruitment team regarding any of the referred case(s) during the selection process will be entertained.

· Candidates need to carry following documents (original + photocopy) at the time of test / interview.

· There will be not reward against this referral.



Mandatory Documents required to be carried by candidate for test / interview

A. Hard copy of Resume

B. Originals & Photocopies of Mark sheets and Certificates of 10th and 12th Std.

C. Photocopies of Mark Sheets (all semesters) and Degree certificate(s) of Graduation applicable

D. Photocopy of Passport or acknowledgement copy of Passport application

E. 3 Photographs


excel sheet in below format

1 Name of Candidate Email-ID Contact No. Preferred Interview Location 10th % 12th % Graduation Grad Stream Grad % Grad University/ college Name


2

3 Values have to be entered exactly below the headings in the 2nd Row ONLY

4 Name should be Candidate's Name

5 Email ID is Candidate's Email ID

6 Phone No of the Candidate to be referred

7 Preferred Location has to be selected from the list

8 Graduation will be the name of the degree;

9 Percentage for the same also has to be entered in Grad %

10 DO NOT MAKE ANY CHANGES TO FORMAT OF XL, ELSE SYSTEM WILL REJECT APPLICATION

Virtual Pool Program (VPP) another form of sabbatical.

Satyam started offer Virtual Pool Program (vpp) for its employees.

VPP : Is keeping the bench staff into sabbatical.Giving some amount of salary and keeping them in pay rolls of the company.

Satyam is offering to employee following only.

1.Basic salary (satyam has very less basic ie 1/3 of your gross is basic)
2.internet allowance (Rs250 per month)
3.This is done for 6 months to less level people and 4 months for big people.
4.Insurance will be covered to them in VPP

what does satyam gain?

1.lowering employee strength.
2.paying basic reduces its expenditure very less.
ex ) Consider 7000 employees selected for sabbatical then satyam would save around

7000 * 30000(on average salary saved per employee) * 12 months = Rs2,52,00,00,000
i suppose it saves 252 crores.
3.employees selected will not be coming to office so the operating cost etc also will be reduced.

This way Satyam which is in profits by the latest news which came will be more profitable.
i thing Markets will take this as a positive news and raise up again.

My personal target for satyam is from 100 -125rs

Mahindra moves satyam employees to techmahindra

Mahindra may move some satyam employees to other groups with in mahindra group.It is learn t from sources that recruitment in techmahindra is stopped and the Hr of techmahindra are told to recruit people from satyam.This will bring mutual benefit for both companies,Techmahindra will save money by not paying for recruitment etc and satyam will lessen their bench strength.Mahindra can move employees if interested to other companies in the group.

Satyam employees current status

After techmahindra took up Satyam many satyamites are confident that lay offs will take place.All those who are waiting for project (bench people)
are confident that they will be the primary target.Satyamites who are in wait and watch mode when the whole satyam episode took place started moving fast.They already are waiting for job calls/interviews
and some are holding offers from other companies.Satyamites who are earning more than 10 lakhs can also be primary target these are the middle management people.Many middle level management people started resigning,
this means that they are primary target and they dont want to be sacked.

I think TechMahindra has a good target of reducing atleast Satyam's workforce by 25%.
They can either move some of them to TechMahindra or directly sack them.
But the best thing would be to find some projects for them.
If sacking starts we can hear it might be either forced resignations or direct pink slips.
Many ladies are willing to quit the company before the sacking starts for their personal reasons.

I can see many young freshers who joined the company writing the bank exams/govt exams etc and also applying for higher education abroad and India.Hope for the best in the interest of satyamites.

satyam 2 axe jobs..tech mahindra

Tech Mahindra, the new owner of scandal hit Satyam Computer Services, is set to axe jobs at the beleagured IT firm to make it a viable business entity.

“Adjustments will be made within a month to trim costs”, A S Murty, Satyam’s chief executive officeris understood to have told his employees on Monday, shortly after Anand Mahindra, VC & MD, Mahindra Group & Chairman, Tech Mahindra addressed over 20,500 employees in the firm.

Satyam has a work force of 48,000 of which 80% are off shore employees and the remaining 20% are on-site workers. The immediate casualties could be workforce on the bench, besides employees doing support functions. An estimated 12,000 employees are on the bench. Key customer facing employees will, however, be retained, said a person privy to the transition plan.

Anand Mahindra also did some plain speaking, though he made no reference to lay-offs, said an employee present at his maiden address at Satyam’s corporate headquarters in Hyderabad.

"We will take a decision on whether or not to re-brand Satyam in a few weeks. Tech Mahindra will also look at a merger of the beleagured IT firm few years down the line, Anand Mahindra is understood to have said. An immediate merger is ruled out as per the terms and conditions of the sale agreement.

Satyam will have a new chief financial officer. “The CFO would be a person with financial excellence and leadership”, said Anand Mahindra. The CFO’s post fell vacant after Srinivas Vadlamni, the earlier CFO who was charged with conniving with the firms disgraced founder B Ramalinga Raju in the fraud, quit.

The Pune based IT services company Tech Mahindra has agreed to pay Rs 58 per share to take management control over Satyam.