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Sunanda K Datta-Ray: Migration's migraine
Sunanda K Datta-Ray / New Delhi October 10, 2009, 0:34 IST

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Wipro to hire 5,000, revamp recruitment strategy
IT firm Wipro Technologies today said it will hire 5,000 people in the next couple of months and is looking at a fresh recruitment strategy of taking in graduates from non-engineering institutes.

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67% companies chose NGOs for CSR implementation
Sixty seven per cent of domestic companies have chosen non-government organisations (NGOs) as partners to undertake their Corporate Social Responsibility (CSR) projects, while 58 per cent prefer government departments for the spread of CSR obligations, Associated Chambers of Commerce and Industry of India (Assocham) says. The chamber, in its assessment, ‘CSR: Quantitative Analysis’, said 21 domestic companies were working with multilateral or bilateral organisations for CSR activities. The study added 37 per cent of the firms had a well-structured foundation for implementing their CSR, while 58 per cent domestic companies had formed a separate department to implement CSR.
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IRB Infra bags NHAI project in Punjab

IRB Infrastructure Developers today said it has emerged as the successful bidder for a project of National Highways Authority of India (NHAI) in Punjab. - IRB Infra emerges lowest bidder for Rs 800 cr NHAI project - IRB Infra jumps on highway deal - IRB Infra is lowest bidder for NHAI"s Rs 1,200-cr project - IRB Infra gains over 3% on order hopes - On an expressway - IRB Infra ends up 2% on rise in net profit In a filing to the Bombay Stock Exchange (BSE), IRB Infrastructure Developers said that the company has received an official communication from NHAI, which declared the company as the successful bidder for the Pathankot-Amritsar (NH-15) project. However, the company did not disclose any financial details of the project. The scope of work includes, designing, engineering, construction, operation and maintenance of a stretch of Pathankot-Amritsar section, it said. As per provisions of the bid, the company is required to form a special purpose vehicle (SPV) within 45 days, it added. Shares of IRB Infra closed at Rs 183.55 on BSE, up 0.53 per cent from its previous close.


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