Aug 7, 2006

The Mittal and Ambani war for training talent

From ET:

Led by Sanjiv Duggal, till recently the CEO of ADAG-controlled training outfit NIS Sparta, around 25-30 key executives of NIS Sparta are learnt to have quit or are in the process of doing so to join Bharti Comtel, which is being positioned as a training and manpower sourcing company.

Insiders say the Mittals’ plan to consolidate their training and manpower competencies under Bharti Comtel. It would cater to the group’s manpower and training requirements, as well as offer services to external clients. “We get this sense from the fact that Mr Duggal has also pulled many NIS people who may not be relevant to Bharti’s core businesses,” a source told ET.

With the group entering new businesses such as financial services and retail as well as following a strategy of converting its temporary employees into permanent staff, its training and manpower needs are likely to rise.

That's a load of interesting developments for the training world !