The coming death of Indian outsourcing

RE:Salary is not the ONLY componenet in out sourcing. by Tathagata Mukherjee on Mar 04, 2008 02:57 AM Needless to say, Indian IT companies move up the value chain. Its happening as we speak.    Forward   |   Report abuse

RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 02:08 AM IT salaries are high?? Haha...you must be joking buddy... Indian IT pros in the IT biggies are the biggest cha^prasis you can ever think of...these dingbats or code cha^prasis or co^olies are not good enough to tie the shoelaces of guys in the banking, financial services and investment banking sectors.. These third class sc^ums are co^olies and their status is not far better than ja^nitors in the Indian engineering industry...    Forward   |   Report abuse
RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 02:41 AM Dingbat, got just pass mark (40 percent)in high school unable to get admission in science, he went where all dumb students went banking job, where he sits and does some babu job and writes in rediff with all jealous. he does kind of work which can be done by illiterate sahukar    Forward   |   Report abuse
RE:RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 02:44 AM ohhh......i'am so upset by your comments, hahahaha, it is clear that all you can do is make personal comments...cos you don't have any counter...    Forward   |   Report abuse
RE:RE:RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 03:05 AM duffer Dingbat, dont utter word IIM and all from your mouth since you are unfit for that , just say you are jealous of IT people making money, you were too stupid to study in science, should i compared earning of engineers with plain Bcom graduates like you. and dont say about IIM and all, since you cannot even go near to that. feels sorry for you.    Forward   |   Report abuse
RE:RE:RE:RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:08 AM You third class piece of of^fal...all that you can do is blabber cos you don't have any facts or knowledge...you are just making illogical emotion laced comments..feel sorry for you.. As i said before, it is obvious who the duffer here is...i dunno wanna give you a heartattack, your inferiority complex is way too obvious... You are seriously unfit even for the job of a co^olie... Forward   |   Report abuse
RE:RE:RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 03:08 AM There are so many engineers who studied in IIM , but have you ever meet any BCom,BA people working in Cisco, intel, Microsoft. If we want we can go to any field even yours, but morons like you cannot come to our field    Forward   |   Report abuse
RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 03:20 AM dingbat, duffer CA and all in Intel, Microsoft are all Americans, or those who studied in American universities, why would Microsoft hire CA and duffers like you from India, you think there are not people in finance in USA, infact it is otherway round, people like you in finance would never get chance to work in USA, all you can do is sit in India and feel jealous. Fact is Americans are weak in Science , so few people go in Computers, physics , maths etc. Now since banking, finance etc are easy for any one, so they study these fields and work in these fields. So dont expect you can come here and work in Intel, microsoft, just sit in India and do some your shit work of sahukar Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 07:41 AM I did not want to use this word...but i have to call you an as^sho^le of the first order... You come across as an incredibly stupid and dumb guy... Idiot, if IT were so attractive, thousands of grads in Infy would not have taken CAT not once, not twice but many times over....also idiot, if IT were so good, then people with IT background would not have jumped into banking.. So du^mbo, learn to appreciate reality instead of yapping like an idiot...cos you only making a big fool of yourselgf...idiot now go and get your brain checked, co^olie!! Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:26 AM Money chases the best people..it is a rule...so if banking guys make more money than IT, we all know then what is the truth...it is just that this truth can't be digested by an idiot like you..hence you make illogical statements which have no basis... Forward   |   Report abuse
RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 04:21 AM Dingbat, So duffer hope you would have understood by now, before uttering word like "coolie" think who is coolie, people like you with ugly retareded mindset, incapable of analysing anything , feel pity for you, you were giving example from banking who made good money, but duffer I never talked about money, it was who initially in early part of discussion started all crap of salary , and all. duffer next time think before u utter word like coolie and your illogical ideas that people in IT are poor etc etc and duffer so bulk of Indians going abroad are in IT, they support aviation if Indian IT company dies , avaiation will take hit, duffer think before u say anything. I am sick of people like you, I am leaving from this discussion since it is waste to argue with you who think people in IT are coolie, Bill gates is coolie, so is GuruRaj deshpande, go get your self treated in some mental hospital Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:33 AM Ya, he has become the richest due to his entrepreneurial zeal and zest, not by writing some code in a dingy corner of a TCS or Infy and waiting for the carrot of the US which may come in 6 months...there is a difference... Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:46 AM Amit, You gave example of a visionary..i did not! We were talking about professional IT sector and neways Gates made most of his money due to stock value of Micro... Idiot, there are lots of guys in banking like Stephen Ross, Morgan, Joel Stern who minted big money.... Forward   |   Report abuse
RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 03:30 AM Dingbat, The richest person in world Bill gates does not come from banking, he was a software guy with keen interest in Technology, he was not sitting in some bank and counting money, so do all rich owner of Google and all. So if you say that money chases best people than these people should have gone in banking, rather than studying at stanford and getting idea about Google sitting in garage in Palo Alto, california Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:11 AM As i said before, you are an idiot...people with a CA, CFA, CPA background dominate the finance space, why should they write code?? there are thousands of CAs in Intel, microsoft but a fool like you has put blinkers around eyes...feel pity for you...in your small word, you seem to be too happy... Forward   |   Report abuse
RE:RE:RE:RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 03:36 AM Dingbat, Duffer all smart people believed in starting some venture if they have to make money not, dong some job in banks, can you give example of anyone who made lots of money by doing bank job, I can give you example of sabir Bhatia, making 300 million dollar long back in hotmail, owner of google larry is also a tech guy not a baniya like you, and you talk about money. Can you give me example if anyone from your banking sector making so much money by doing some manager job. GuruRaj deshpande etc all are tech guy, Forward   |   Report abuse
RE:RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 02:19 AM dingbat, from ur reply people can see your low IQ, perhaps you do janitor job and jealous of IT people getting high salary, and your talk about banking, financial services, truth is third rung people who cannot make to engineering or science go in these fields, also these fields are dependent on earnings of IT companies and spending of IT people, If IT goes down so do this industry, they came up because of spending done by IT. but ur pathetic IQ does not let you understand these facts that engineers are better in study than baniyas doing banking jobs    Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 02:35 AM Good that i finally found an answer from a third rate con^cierge like you Mr Pandey.... It is very clear that you are a low level reject who could not tap the top echelons in top paying sectors... Khair, jaane do...i made a general comment and you made a personal one so i have made a personal comment..let us leave it at that!! Now, we will come down to facts...the fact is that IT/ITes created jobs for graduates which no other sector created, also IT paid graduates that few sectors paid.. So, in effect IT created lots of decent paying jobs...the intention of these sectors is to continue harnessing this huge pool from eng. campuses and they don't wanna lose it to any other sector...so they have systematically created an image of glamour and hip hop and happening and have also misled many grads into thinking that IT pays well.. The reality is that sectors like aviation, retail, logistics pay much more and have the potential to pay more... IIT and IIM facts : Most top notch IITians leave the nation and go to the US(silicon valley, Stamford etc) most top IIM grads make it to consulting and investment banking...average salaries in these sectors are 5 times the salaries in IT...IT companies pay the least at IIM campuses...the rejects of an IIM system are the ones who get into IT.. Learn to respect facts...instead of allowing your emotions to cloud your intellect and coming out with retarded mentally challenged statements....it is indeed the sign of a jurrasic pe^a    Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 02:36 AM statements....it is indeed the sign of a jurrasic pe^abrain to not respect facts.... Btw, the average salary at IIM campuses last year was 16 lakhs per annum, the average paid by IT was around 6....these are facts...not the of^fal that you spoke... The time has come to lift the veil of these IT guys and expose them for what they are...a glamorous garb worn by poseurs.... All your statements are load of bull.....toppers from eng. colleges all take CAT and join banking and consulting... There is no direct correlation between IT and banking...on the other hand, if banking industry decides to spend less on improving operational efficiencies, then IT will lose jobs...IT is dependent on banking, not the other way around... Now, MR "bright" IQ, leeme see how much you know!!    Forward   |   Report abuse
RE:RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 02:57 AM you compare salary of IIM and IT, duffer many of those who crack IIM are also engineer, but reverse is not true. Those working in top technology company like Cisco, Oracle are not from your BCom or BA. Tell me how many of you can get even 6 lakh after doing only graduation, IIM does not give Bachlor degree so duffer dont compare salary of post graduate degree holder of IIM with bachlor degree of IT, how much salary you can get after doing only BCom, if you are comparing 16 lakh to 6 lakh, than those doing MBA from stanford and top notch get way too up. I know some people in banking insurance etc, they do make good money but all of them failed to qualify for engineering, that what you people are failure failure. Why dont compared salary of IT guy working in silicon vally, california with baniyas of bank and retail    Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:05 AM Pe^abrain, you are now going off on a tangent...we are not talking about Enginnering guys and Bcom guys...we were initially talking of IT and how i firmly believe that IT is far from a paymaster and the truth is that IT guys are just average when it comes to pay..it is the banking and consulting guys who really mint money... Also, i gave the example of IIM grds in IT vs IIM grads in non-IT, IT pays very poor on IIM campuses to PGs, so what about graduates?? So don't talk like an idiot and go off on a tangent... even among graduates, aviation, research oriented KPOs, retail now pay more than IT.. Forward   |   Report abuse
RE:RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 02:49 AM Mr. Dingbat, I dont think you studied in IIM or similar kind of institute, or else you would have brain to think that IT job requires lot of analytical skills, but considering your retarded mind, I am very clear you would have got very poor marks in 10th and would have falied to even qualify for science , leave alone engineering. You need to know that for last 10 years IT sector has compared immensely to India export. your talk of banking, retail aviation is crap, they all come up because of IT, before IT revolution tell me, if all these sectors existed, only option was some indian bank or indian airlines, hope you have little intelligence left to understand this    Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 02:53 AM Forget about me, i dunno want to give you a heartattack, it is clear you have a huge inferiority complex of not having made it to an IIM, i won't rub salt in your wounds...but your retarded statements convince me that you have not even seen the door of a school till now.. Every statement is bull.. How do banking and retail come up due to IT?? IT only contributes 1% point in improving the operational efficiencies of a bank...all topline grwoth happens due to our products, IT does not have any impact there... You seem to be completely obsessed with inanities..    Forward   |   Report abuse
RE:Why are IT salaries So high ? by anil b on Mar 04, 2008 02:26 AM yah yah , what about you guys in financial services , you bloody fellows come out of that shit place iim and think that wearing a tie and talking westernised english blabber or wall street blabber make you warren buffets , well you idiots can't even count without a calculator and you talk as if you are desendants of platini, einstein . we knoe what youur bloody banks do , they hire goondas to take over delinquincies .without we software guys you are zilch . if we go you will go before us remember , everyything will collapse , your investment funds ( who will invest farmers ?/) , your credit cards will not have any takers , loans ( who will qualify to take half a crore loan) .well think before you talk crap . you guys tie your shoe laces because of us softies ( we created a huge loan market remember) . if infy or any company collapses we will simply emigrate (most of us qualify and can get jobs abroad easily) but you cant ???    Forward   |   Report abuse
RE:RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 02:39 AM It is very clear that you could not clear CAT, feel sorry for you....thats all i'll say, hehehehe!! Exaggerated sense of self importance...you should know that more than 1 lakh jobs in aviation and 2 lakh job in retail have been created....our credit cards and home loans will have lots of takers...so dunno worry about us.. Sure, you can get the job of a co^olie in the west, don't forget to fake an accent, hehehehe!! Btw, many IIM and ISB grads get jobs in Wall street....hehehe, do take CAT again buddy...    Forward   |   Report abuse
RE:Why are IT salaries So high ? by amit pandey on Mar 04, 2008 03:16 AM dingbat, duffer CA and all in Microsoft are all Americans, or those who studied in American universities, why would Microsoft hire CA and duffers like you from India, you think there are not people in finance in USA, infact it is otherway round, people like you in finance would never get chance to work in USA, all you can do is sit in India and feel jealous    Forward   |   Report abuse
RE:Why are IT salaries So high ? by Dingbat on Mar 04, 2008 03:20 AM Idiot, i was talking about Microsoft India, siebel India... about jealousy, it is obvious who the jealous loser is....feel sorry that most of your IT pros in senior management can't match middle management in salaries in ABN Amro, Citibank, StanC etc...and many of us have vaild US visas and can move to the west whenever we want...moron, learn to appreciate facts!! Forward   |   Report abuse
RE:Why are IT salaries So high ? by Seenu Subbu on Mar 04, 2008 02:39 AM Go take your medication, the world is still a fine place.    Forward   |   Report abuse

RE:march 2009 the end by thiyagu aravind on Mar 04, 2008 02:22 AM Hi Vikram, Airlines and tourism can't flourish as the oil prices are going high.If people statred losing jobs then nobody will tour.But certainly there will be a bigtime crisis for food as they started using as a fuel.Really a hardtime for all the sectors.    Forward   |   Report abuse

RE:Missed the point!!! by on Mar 04, 2008 01:38 AM I completely agree with the comment that the companies collectively need to diffuse this situation. You know sometimes I think that the free market does not help these things. I strongly feel that the government should also step in and regulate pay scales to avoid these salary rise by leaps and bounds. If we cannot avoid the bubble to burst then at least we can slow it down and give time for the economic growth to shift gears slowly and adjust? I think that the economists and the Businessmen especially in India think selfishly of the short term rather than thinking of the longer term. Instead of planning and being smarter we tend to take things mostly as they come and adjust when we have to which is the cause of all these problems. We should try and learn from the mistakes of others and not try to commit the same mistakes ourselves.    Forward   |   Report abuse
RE:Missed the point!!! by anil b on Mar 04, 2008 02:33 AM hi, salary will remain high since we do the same work as the guys abroad and the skill levels are the same .dont worry about us buddies , we will earn enough in 5-10 years and save enough so that we can continue our lifetsyle when the economy rolls over . we also earn in dollors now buddy so our lifestyle will not be affected since we will earn returns on our investments . guys in other industry should worry since they have to slog for 30 years to earn what we earn in 5-10 years . think about yourselves rather than thinking out sw guys and their salaries    Forward   |   Report abuse
RE:Missed the point!!! by Seenu Subbu on Mar 04, 2008 02:56 AM Dollar will get screwed, you are missing that point. Sure, you are as "qualified" as the guys living abroad. My savings in "dollars" are getting nowhere because of appreciating rupee and depreciating dollar, and if the trend continues, with the current inflation rate, all my dollars will be worth nada in the next ten years. Good luck with "lifestyle", if and when that happens. It will sure not be a case of begging on the road side but don't get too complacent about lifestyle..    Forward   |   Report abuse

RE:Brainless capitalism and rat race in IT and other sectors by g chandrasekaran on Mar 03, 2008 11:47 PM It is correct. Things should change. We need a bold leader. it is the need of the hour. Both spriritual/Policital, we need a great leader for India. it is vaccum not only in India, it is worldwide..    Forward   |   Report abuse
RE:Brainless capitalism and rat race in IT and other sectors by Kaushik Das on Mar 04, 2008 12:16 AM Bring down wages? No, please. Why doesn't the top management bring down ITS wages? No, but that is necessary expense - going to 5 star hotels with 'clients' - wining and dining - etc, but when it comes to normal people, normal people are expected to take the cut and think about saving expenses for the company. :-)    Forward   |   Report abuse