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IT Sector booming back in the First Quarter results

Information Technology gaint Wipro announced the first Quarter results for the year 2008-09 on Friday.

Net Profit of 908 Crore rupees was announced out of the total of 43 percent growth of Income of Rs. 5967 Crores.

Another information Technology Gaint Satyam Computer Services also announced their first quarter results with a net Profit of  Rs.547.70 Crores.

Wipro is currently having 95,675 employees working under the wing with 74,838 employees working for the IT sector and 20,837 employees working for the BPO sector.

Wipro got 31 new clients in the first quarter of this financial year, whereas Satyam got 34 new Clients.

Infosys also announced that it is increasing the Packages for the Fresher who is going to join their company to Rs.3.25 lakh per annum.

This is an altime increase from the Infosys for the fresher package. But the increase in Experienced seems to be low ranging from 11-13 percent only.

651 people newly selected for Satyam in the first Quarter. Infosys announced that their company going to select 8,000 new employees in this year which is 33% low as compared to previous year intake.

Ramanujam U: Hi I am Ramanujam, Completed Graduation in Electronics and Communications Engineering.
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