Facebook starts full recruitment for Hyderabad centre

Facebook

Facebook, one of leading networking sites in the world, has planned to set up a support centre in Hyderabad and it has started recruitment for all job levels in the country.

Facebook caters to more than 400 million active users, the number which is growing quickly. Out of the total userbase, about 8 million users are based in India. Facebook was established in 2004 and it has gained popularity around the world since then to emerge as the leading social networking site across continents.

The first such centre in Asia will provide support for the large number of users, advertisers and developers in the country and around the world for the site. The company said that the centre would support to online advertising and developer support teams along with providing non stop multi-lingual support to users and advertisers around the world.

Facebook has joined other companies Google, Microsoft, Oracle, Dell, IBM and Computer Associaties in setting up support centers in the country. The centre will supplement other centers in California, Dublin and Austin in Texas.

The company will recruit local language specialists, online sales managers and IT security heads for eh centre. It is also looking for India head who will scale up the operations of the company.


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Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.