Friday, February 17, 2006

Nitish signs MOU with Infy, Will Ensure Low Attrition

Patna:

Newly elected Chief Minister of Bihar, Mr. Nitish Kumar today signed a Memorandum of Understanding with Infosys Chief Mentor, Mr. N.R. Narayana Murthy and Mr. Sabu Alem, a representative of Bihar's Kidnapping Industry to set up a Software Development Centre in Patna.

Media-persons attending a press-conference after the meeting were shocked to see a masked man sharing the podium with Mr. Kumar and Mr. Murthy. They were informed that Mr. Alem was part of the guarantee given by Mr. Kumar to ensure very low attrition rates as an incentive to attract IT companies to the state. As part of the agreement, his group would ensure a constant stream of Techies who would be abducted from the major IT cities of Bangalore and Hyderabad and sent to Patna. These workers would be relieved from their jobs in Patna only upon furnishing a hefty ransom. Revenues from this would be used to shore up Bihar's precarious finances.

To prevent competition to Maharashtra's IT industry from the upstart Patna, Mr. Vilasrao Deshmukh, Maharashtra's Chief Minister has pledged to work jointly with Mumbai's Underworld to ensure similar incentives to IT companies operating in Mumbai and Pune.

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