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HCL showcases low-cost laptops


The Hindustan Computers Limited (HCL) Technologies showcased its latest offering of two ultramodern notebooks, the MiLeap X and Y series in New Delhi.

The name of the launched series comes from a combination of personalized attention given to an individual and the coincidence of it being launched in a ‘leap year” which denotes its uniqueness and once-in-a-life time offer.

The highlights of these two laptops are its price tag. The X series laptop stands at an all time low tag of Rs 13,990 and the Y series laptops at Rs 29,990.

Both the products comes in a shrunken form with 7-inch screen and weighing less than a kilogram. It is almost the size of a normal executive diary, equipped with an Intel processor.

The series which uses Linux as the operating system have superior quality look like, outer casing around the device for protection, rounded edges to ensure safety, and most of all it is simple and user friendly with multiple navigation options like voice, touch, stylos and thumboard.

This is a breakthrough in a step towards PC penetration by HCL technologies, and was confirmed by the words of Ajay Chowdhry, Chairman and Chief Executive Officer, HCL who said, “I would like to see a laptop in every Indian’s hand.”

When asked about who is going to endorse the products, he said, "Its you (the customers)."

Courtesy : FINANCIALEXPRES.COM


Re rally to cut IT salary gap in US, India


The adverse impact of rupee appreciation against the US dollar is well known for the IT sector, but the robust local currency is also narrowing the gap in salaries of software professionals in US and India.

While the gap is likely to drop by up to 21 per cent in 2008 from the levels seen in 2006, it is still high enough to keep India's competitive edge as a low-cost market, says a white paper by leading executive search firm Manpower.

According to data compiled by Manpower, the sector's staff level salaries were as much as 86 per cent higher in the US compared to India in 2006. However, this gap declined to 82 per cent in 2007 and is expected to decline further to 78 per cent in 2008.

In executive level salaries, the gap dropped from 68 per cent in 2006 to 60 per cent in 2007 and could further decline to 52 per cent this year.

However, the steepest decline of 21 per cent is likely to be seen in the middle manager level, where the US salaries used to be 69 per cent higher in 2006, but would be only 48 per cent higher than India in 2008. This difference stood at 57 per cent in 2007.

While noting that salary is the biggest cost component, accounting for 45 per cent of IT Companies and 40 per cent of BPO costs, the white paper said that a close comparison of Indian and US salaries indicates a narrowing gap in cost arbitrage during 2006 to 2008.

Concerns have also been raised periodically that the adverse impact of rupee appreciation could force IT Companies, for whom exports account for a major part of revenues and profits, to cut down on the wage hikes and other employee costs in order to offset the impact on their margins.


Courtesy : FINANCIALEXPRSS.COM


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