Recession in IT Companies

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..... Recession in IT Companies - News and Press Release Dated:- 23-11-2011 - News - Press Information Bureau Government of India Ministry of Communications Information Technology 23-November-2011 17:05 IST As per National Association of Software and Services Companies (NASSCOM), there was a marked slowdown in recruitment in Financial Year (FY) 2009-10 specifically and also towards end of .....

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..... FY 2008-09 due to recession in developed economies. The data relating to employment level (directly employed by the IT/ITES industry) in this industry and the incremental job addition for the last three years in as under: Financial Year (FY) 2008-09 2009-10 2010-11 Total Employee Head Count 21.96 lakhs 23.00 lakhs 25.40 lakhs .....

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..... Net additional Employment created in FY 1.90 lakhs 1.00 lakhs 2.40 lakhs IT/ITES employment data is not being maintained State-wise. As per Government of Andhra Pradesh, there has been growth in recruitment by IT companies in the state of Andhra Pradesh. A number of IT/ITES SEZs are coming up in the country, which would further generate employment in the .....

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..... sector. Shri Sachin Pilot, the Minister of State for Communications and Information Technology informed Lok Sabha today in a written reply to a question. SP/SKA - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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