Thursday, September 23, 2010

Satyam targets campus recruits in hiring spree

 

 

MAHINDRA SATYAM will go on a hiring spree over the next twelve months and for the first time in more than two years the information technology company plans to visit campuses next year to select fresh IT graduates.

"We are going to recruit close to 3,000 employees across various technologies and competencies. The hiring will begin in the next three months and will be spread over one year," MV Sridhar, head of sports marketing, told Financial Chronicle. Sridhar is in charge of recruitment in the company, which is part of Mahindra & Mahindra (M&M) group.

The company decided to increase the headcount after winning more than 35 new clients and securing extension of contracts with existing clients such as GE and GlaxoSmithKline.

Recently, the Hyderabad-based firm won a multi-million deal from a large health insurer. It is one of the three companies that have been selected to weed out duplicate identities in the Union government's unique identity project.

"The recruitment process will commence simultaneously in Hyderabad, Chennai and Bangalore. We are looking to hire mostly for domains such as SAP , enterprise solutions, Oracle and business intelligence," Sridhar said.

Mahindra Satyam has vacancies in its engineering and infrastructure management verticals. The company's headcount had plunged after M&M took the reins of the company in 2009 af ter an accounting fraud by its founder and chairman Ramalinga Raju, which left Satyam on the brink of collapse. At present, it employs 30,000, down almost 30 per cent from Raju's time.

About 7,000 employees were retrenched as the new management tried to resurrect the company while battling the global economic crisis and the impact of the fraud at the same time.

As part of its revival, Mahindra Satyam has teamed up with Tech Mahindra, another IT firm from the group, to execute projects. Tech Mahindra, which has a long association with British Telecom, is handling telecom projects given its expertise in the domain.

The two companies have also set up joint taskforces to handle issues related to infrastructure, human resources, technology and purchases.