Peak Day Blues

CBay Systems, a leading global medical transcription (MT) company inaugurated its centre in Coimbatore on Wednesday. The new facility on 18,000 sq is located at Rathinam Technopark of Rathinam Techzone Campus, Eachanari in Coimbatore. CBay plans to hire over 700 people in Coimbatore by December 2009 and reach a strength of 1500 employees over a year. The MT industry has a good presence in Coimbatore, with Spheris India, another large MT company already functioning. Mr Dinesh Kumar, Director and COO – India Operations, CBay Systems: "In three months, the centre entailing an investment of Rs 11 crore will start functioning with 450 seats. Coimbatore is hub for MT in South India and the city has very strong MT work force. Also, the proximity to Chennai and Bangalore is an added advantage. In an effort to induct fresh talent into our company, we will be extending our training program to several educational institutes." An article in ET quoted: The presence of 27 engineering colle

Mr. Jayamurali, KGiSL's VP of Corporate Relations is quoted in an article by LN Revathy of The Hindu Business Line.   The article, detailing the current job scenario in ITeS/IT space, can be read here - http://is.gd/uWLM   Excerpts from the journal:   Mr Jai Murali, Vice-President (Corporate Relations), KGISL, said the challenge was in getting the right talent. The company, he said, will need to place 120 people by June 1.   He has just got back after a two-week tour of the US, Europe and Canada with two mega projects for his company. "It involves 82,000 inbound calls a month and this would soon grow to 1,20,000 calls. They are seeking our service for customer and sales support services. We have 20 agents on the job at present, but will need another 120 by June 1," he said.   He said there were enquiries for voice-based services from a Canada-based travels company, a consumer products company in the US, a charity fund raising firm in the UK and trade fair rel

This was an article from the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on "How Would You Fix the Economy?" Some people thought this was the BEST idea. He nailed it! Dear Mr. President, Patriotic retirement: There are about 40 million people over 50 in the work force; pay them $1 million a piece severance with stipulations: 1) They leave their jobs. Forty million job openings - Unemployment fixed. 2) They buy NEW American cars. Forty million cars ordered - Auto Industry fixed. 3) They either buy a house or pay off their mortgage- Housing Crisis fixed. All this, and it's still cheaper than the "bailout".

We've all been inundated with numerous forwarded chain E-mails from our friends/family claiming that many of the OTC drugs available in India are actually banned worldwide for their side effects... To be honest, I never gave it a serious thought, as we are all too familiar with these chain e-mails cliaming to cast a bad omen on us if we don't forward it to 100 odd friends... Also, I was thinking that the Govt. of India would have banned them in any case and the big pharmas won't be able to market them so blatantly.... I guess I was SO WRONG!! But DNA is reporting in this piece , that many of the OTC drugs in India are in fact banned!! Commonly used medicine brands like Enteroquinol, Furoxone (anti-diarrhoeal), Novalgin (pain killer), Nise, Nimulid (pain killer, fever), DCold, Vicks Action 500 (cold), Droperol (anti-depressant), are banned worldwide. Their side effects outweigh their benefits, says the March 31, 2009 issue of Monthly Index of Medical Specialties (MIMS), a re

Robert Bosch Engineering and Business Solutions Ltd, the IT subsidiary of global automotive component maker Robert Bosch, is allocating over Rs 250 crore to expand its operations in Coimbatore, sources have said. The company will induct 4,500 people into its operations at the Coimbatore Hi-Tech Infrastructure Private Ltd (CHIL) IT SEZ in Saravanampatti near Coimbatore. The IT subsidiary currently employs over 4,000 people at centres in Bangalore and Coimbatore. Robert Bosch Engineering and Business Solutions was likely to shift many of its internal contracts for European automotive majors to Coimbatore, with a bulk of the recruitment for the expanded facility likely to be done locally, sources said. So far, the first of four proposed buildings for Bosch at the CHIL SEZ has been completed. The rest are expected to be operational by the end of this year. Source: BS