The paucity of good talent is propelling Indian firms to look beyond the country for senior level manpower. “Talent is scarce and there's a constant scramble for the top bracket manpower. Thus, many firms are hiring international heads with similar experience and skills set at better prices,” reasons Joel Perlman, president and co- founder, Copal Partners managing India operations.
BANGALORE, India — After years of being blamed for job losses in America and elsewhere, India's high-tech companies and outsourcing firms are going through a downturn of their own. The global slowdown is forcing them to reduce hiring, freeze salaries, postpone new investments and lay off thousands of software programmers and call center operators.
They are two opposite ends of the age spectrum, but 24-yearold Adarsh Gupta and 60-year-old Subhash Manchanda have something in common: they get a kick out of day trading.
Gupta, in fact, may qualify as an old hand in the stock market game, given his eight years experience of dancing with both bulls and bears.
