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  • Techies pay for IT wing’s laxity.

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    Techies in the city are paying the price for the information technology (IT) department not formulating any policies to crackdown on fraud IT companies. Officials point out that one cannot pin-point a bogus company among the thousands of IT companies and nothing can be done till issues are brought to their notice.

    Meanwhile, industry insiders are looking at the increasing number of frauds in the industry as an indication of the overall business being hit resulting in many smaller companies shutting down. “The smaller companies which have not been maintaining forward balance would be affected by the financial crisis resurfacing in the United States as most of them survive by running a single BPO or so. Many smaller companies are winding up operations as business has taken a hit and many are unable to sustain.

    “The fact that many smaller companies are closing down and some of the bigger ones have not fulfilled their recruitment commitments as well as expansion plans reinforce the fact that business has been affected seriously over the last couple of months,” said the chief executive officer a mid-sized software company. For instance, Tamcos Technologies, the latest IT company to join the list of companies not paying salaries to employees, had to wrap up operations within four months of starting shop. “The company was not able to sustain as it was running a single BPO and could not generate enough profits and decided to wrap up operations,” said investigating officer, Mr Lakshmikanth Reddy.

    Source : DC

  • 50% teacher posts lie vacant in universities.

    Nearly half the teaching posts in 23 universities in the state have been lying vacant for the last five years, with the government citing “financial constraints” as the reason for not going ahead with recruitments. A report, ordered by the Chief Minister, Mr N. Kiran Kumar Reddy, on the actual vacancies in universities in May, found that out of the 5,349 posts sanctioned at professor-level and associate professor-level, only 3,055 posts have been filled and 2,294 posts are lying vacant for the last several years. Osmania University tops the list with 580 posts lying vacant out of total 1,223 sanctioned posts.

    In Andhra University, out of 981 sanctioned posts, 461 are vacant. Similarly in Kakatiya University 116 out of 361 posts, in Telugu Unive-rsity 56 out of 97 posts, in Acharya Nagarjuna Uni-versity 78 out of 204 posts, in JNTU-Hyderabad 91 out of 324 posts, in Sri Krishnadevaraya Univers-ity 68 out of 215 posts, in Dr B.R. Ambedkar Open University 17 out of 86 posts, in Sri Venkatesh-wara University 223 out of 601 posts are lying vacant. “The CM directed us to speed up the recruitment process and also submit an ‘action taken report’ in a month. All the VCs were asked to issue notifications for recruitment,” said Dr Rajashekar Reddy, secretary, AP State Coun-cil of Higher Education. However, it is learnt that despite the government sanctioning the posts, the finance department has been imposing cuts in the number of posts when giving approvals.

    Source : DC

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