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Infosys to hire 1,000 techies in US

Kris Gopalakrishnan
Houston, May 21: Infosys Technologies, India's leading software firm is planning to hire about 1,000 people in United States in the next 12 to 18 months amid the global slump. Kris Gopalakrishnan, the Infy Chief Executive said that company plans to add more than 1000 new employees as part of a big US expansion in anticipation of growth resuming in 2010.

"We believe business will be there if we add capabilities, more services and solutions to our portfolio and increase the business volume with the existing customers -- that's how we see growth coming to our business," Gopalakrishnan said. He added that Indian economy is in early stages of recovery.

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Biotechnology major Biocon forays into nephrology space

Bangalore, Mar 09:  Biotechnology major Biocon on Thursday forayed into the nephrology space with the launch of a portfolio of five renal therapy products for the domestic and global markets, which it said was cheaper compared to MNC drug prices. The new immunosuppressants for renal therapy are at least 35-40 per cent cheaper than the MNC drug prices in the similar product category, the company's Marketing Head Rakesh Bamzai said.The Bangalore-headquartered company's Chairman and Managing Director, Kiran Mazumdar-Shaw said.....
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