UBS mulls outsourcing 5,000 jobs in two years
Switzerland-based banking and wealth management firm UBS is considering outsourcing about 5,000 jobs over the next two years, a majority of which may come to India, according to people familiar with bank’s plans. This signifies an opportunity to win new business for Indian IT vendors such as Wipro and Infosys Technologies that already work with the Swiss bank........Read about 5,000 jobs..

Sunrise sectors see 11% salary appreciation
BANGALORE: Employees in sunrise sectors like communication, energy, healthcare and pharma have taken home higher salary packages compared to their counterparts in the IT/ITeS sectors. Salaries have risen in excess of 10.8% in the sunrise sectors. Besides this, the energy, healthcare and pharma industries have recruited 21% more temporary workers in 2008 compared to 2007, according to a study by TeamLease, a staffing and manpower solutions provider.........Read about Sunrise sectors...

India Inc retains appetite for UK cos, creates 4k new jobs
Indian companies are still investing in the UK in droves, though the action seems to have moved to the medium and small sector. India retains its position as the second highest foreign employer in the UK, after the US, according to the 2009 UK inward FDI official data. This year, Indian inward investors created 4,149 new jobs, with 108 new projects, up 44% in the absolute number of projects. Indians account for 11% of new jobs created by foreigners in 2008-09, out of around 35,000 new jobs.........Read about appetite for UK cos...

Yes Bank to recruit 900 people in next 9 months
Eyeing growth of at least 40 per cent in loans in the current financial year, Yes Bank today said it would recruit 900 people, including 500 specialists, in the next nine months to drive expansion in six key segments. "Somewhere between now and September we are adding at least 500 managerial staff," Yes Bank Managing Director and CEO Rana Kapoor said......Read about Yes Bank...

India to ink pact with Denmark on job opportunities for youth
India would shortly sign an agreement with Denmark on social security and labour that would open up employment opportunities for skilled and semi-skilled youths, Minister for Overseas Indian Affairs Vayalar Ravi on Sunday said. Negotiations with Denmark had been completed and once the agreement was signed, it would help young Indians aspiring for jobs, he said inaugurating a 'skill upgradation and pre-departure Orientation Programme for potential emigrants from Kerala' here........Read about pact with Denmark on job...