Indian firm outsources 10 000 jobs

Information Week reports.

A spokesperson said it is too soon to estimate how those numbers will be split between the two geographies.

Chairman of Mahindra, Satyam Vineet Nayyar, hinted at creating jobs in the western economies from where they get the bulk of their business, The Times of India says.

"Indian firms, when they go overseas, will have to create jobs there. We will certainly do so," he said.

German chancellor Angela Merkel also wanted investment in Europe to create employment.

HCL will be working with 12 universities to offer a six-month elective course - as well as workshops on technology and management - and encouraging innovation through contests such as HCL-M-Prize, The Hindu Business Line writes.

Its technology partners will also join hands in this initiative to provide training in upcoming technologies so that the talent deficit in specific areas gets addressed. A pilot programme started across five HCL centres - in Seattle and North Carolina in the US, and Helsinki (Finland), Krakow (Poland) and Dublin (Ireland) - have already shown early signs of success, the company pointed out.