Business Daily from THE HINDU group of publications
Thursday, Jul 10, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Thursday, Jul 10, 2008 ePaper | Mobile/PDA Version | Audio |
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Opinion
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Letters Inflation hurts The rise in crude prices and inflation have blighted hiring hiring prospects, say industry experts. The signs are already there. Many mid-size and small technology companies have put off on-campus recruitments by six months due to business uncertainty in the US. Clearly, the most affected are engineering colleges, where IT companies have reduced the intake of students and offered little or no revision in pay packages. The hiring slowdown is so far visible in the telecom and infrastructure sectors which, though, have just upped their employment outlook index over the last quarter. Will this also impact the hiring index in Mumbai, Delhi and Pune? Only time will tell. Hansraj Bhat, Mumbai More Stories on : Letters | Economy
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