VARINDIA IT MAGAZINE

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Nokia is believed to cut 10,000 jobs globally by the end of 2013 but its Indian operations are unlikely to see any "significant impact". The Company also announced closure of its facilities in Ulm in Germany and Burnaby in Canada as part of its planned measures to rescale the company by making additional reductions in devices and services. As per spokesperson, Nokia India, "Today's planned changes will impact Nokia employees throughout our operations globally. While we anticipate impact at other sites, we don't see significant impact on India operations. We have no specifics to provide at this stage.” Stephen Elop, President & CEO, Nokia said, "These planned reductions are a difficult consequence of the intended actions we believe we must take to ensure Nokia's long-term competitive strength. The company will provide support to those employees who are at risk of losing their jobs. As a company ...

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE   Department of Electronics & Information Technology (DeitY), Government of India, has selected Accenture to review investment proposals from global technology providers and investors interested in building semiconductor fabrication units (fabs) in India.  "With an investment scope of billions of US dollars, this strategic project holds considerable promise for Indian manufacturing. By bringing together investors, manufacturers and the Government of India, this initiative will help build the critical collaboration that is needed to bridge the gap in domestic semiconductor production," said Krishna Giri, Managing Partner/Director, Accenture's Health & Public Services business in India. As part of a management consulting engagement, Accenture will work in two phases to help the Government assess companies interested in building semiconductor fabs in India. The first phase includes the development of a template...