Posts Tagged ‘national news’

Satyam gives pink slips to 400 employees

September 15th, 2008

After Wipro showing the door to 1,000 employees and news about TCS planning another round of layoffs, it seems it’s pink slips time at Satyam Computers.

Hyderabad-based company has reportedly given pink slips to some 400 engineers and associates at its Hyderabad, Pune and Visakhapatnam centres. According to earlier reports, the company has sacked 150 experienced employees from the Hyderabad centre who were on bench. The report says that most of those sacked are in the ‘S’ band, indicating that they had at least two to five years of experience. Terming it as a routine exercise, company’s global head, HR, SV Krishnan said, “Giving pink slips to those in the ‘S’ band was not out of the ordinary and we do this as a matter of employee evaluation and development.” The company has reportedly also sent out a mail cautioning employees against not turning up at office and preferring to remain on the bench. Also, the company’s management has asked some employees to either voluntarily switch to a contractual agreement (moving from pay rolls) or leave.

According to a report in a Daily this week, India’s no. 1 IT exporter Tata Consultancy Service too is planning another round of layoffs. Wipro Technologies also has put about 4-5 per cent of its workforce, about 2,400-3,000 employees, under the scanner for non-performance. Company sources reveal that about 1,000 employees have already been asked to leave.

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Defence Minister Antony : Pakistan supporting terrorism

September 15th, 2008

There’s been an increase in the activity along the line of control over the last three days which has put security forces on high alert.

Two Army jawans and two special police officers have been killed in an ongoing encounter in the Poonch sector along the LoC.

This comes after two militants were killed trying to infiltrate in the Tangdhar sector in north Kashmir.

Another militant was gunned down in the Ramban area of Jammu early on Monday morning.

Meanwhile, Defence Minister AK Antony has said that while Pakistan is in a stage of transition militants are getting support from across the border.

Aarushi murder case: CBI opposes Raj Kumar’s bail

September 12th, 2008

The CBI has opposed the bail for Raj Kumar, one of the key suspects in the Aarushi-Hemraj double murder case.

It has argued that, being a citizen of Nepal, Raj Kumar can flee the country. It also pointed out that scientific evidence point to his involvement in the crime.

A court in Ghaziabad on the outskirts of Delhi will decide Raj Kumar’s bail later on Friday.

The bail plea of Krishna, another suspect in the case will also be decided. RK Anand has arrived at the Ghaziabad court as part of Krishna’s defence team.

The two men are currently in jail for the murders of 13-year-old Aarushi Talwar and her family’s domestic help Hemraj in Noida.

The third man accused of being involved in the murder, Vijay Mandal, was released on Saturday.

The CBI has confirmed that it has no material evidence against any of the three men, a sign that the case has collapsed.