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SITI Corpn opens new Offshore Recruiting Centre

Hyderabad, Mar 13 (UNI) SITI Corporation today announced opening of its new Offshore Recruiting Center (ORC) here to augment its growing RPO business and demand for its Talent Management Products, a top company official said.

The new facility could accommodate about 300 people. SITI, which offers value-added, cost-saving and efficiency-boosting recruitment process outsourcing (RPO) services, has plans to double its workforce in the next 12 months and actively hire talent in Hyderabad suitable to deliver recruiting services to its international customers, according to SITI Corporation Marketing Director Chandra Ponneganti.

''According to leading analysts such as Gartner and others, RPO is one of the fastest growing segment in BPO. With proven and successful track record of our recruitment delivery capabilities and our continued focus on delivering value to our customers, we have built the right fundamentals over the last few years to grow rapidly in the future.

''We are rightly poised to the be the dominant player in this growing industry and this latest expansion is in line with our strategic plans,'' he said.

Over 100 companies spread across staffing and non-staffing companies in Information Technology, Engineering, Software, Semiconductors, Electronic Equipment Manufacturers, Telecom, Pharmaceuticals, Financial Services, Health care, Government, Defence and others, use SITI services and products, he said.

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SGS corpus for techies to translate ideas into biz

Chennai, Mar 13 (UNI) City-based SGS Technologie Ltd, an IT company, has launched 'SGS-Technologie Incubation Scheme' (SGS-TIS) with a corpus of Rs 25 lakh to help young technology enthusiasts to translate their ideas into business. SGS Executive Director Satish Das said in a statement today that top three ideas would be provided seed funding from the SGS-TIS corpus based on merits of each project plus a minimum 15 per cent stake in their respective ventures and infrastructure support. The.....

GVK Biosciences forms JU with INC Research

Kolkata, Mar 14 (UNI) GVK Biosciences (GVK BIO) today announced that it has entered into a 50:50 joint venture (JV) with INC research (INC) to form INC GVK BIO Private limited. The joint venture will enable INC research to conduct its global clinical trials in the areas of oncology, CNS, infectious diseases and pediatrics involving phase I-IV studies. GVK BIO currently provides contract research services to a rapidly growing base of global pharmaceutial and biotechnology companies. Commenting on the new initiative,.....

LG to focus on GSM phones and IT products in India-Shin

Bhubaneswar, Mar 14 (UNI) LG Electronic India Private Limited (LGEIL) Managing Director M.B.Shin today said the company's future growth engine will be IT products and GSM telephones in India. Mr Shin, who launched the LG Time Machine TV in Orissa, told newsmen that the prime focus of the company would be the high end display category, IT products and GSM phones. He admitted that there has been tough competition in these products in India but LG would never jumped into the.....
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