•SUBHOMOY BHATTACHARJEE: Have you ever thought of starting an employment data index considering that you have such a huge data which you could mine?

A few months ago, we launched Jobspeak which is an index of employment. It measures hiring activity, not employment because we measure the activity on our site. We started this in July 2008. We have got 16 million resumes growing at about 10,000 a day. We have got over 30,000 organizations that use us for trying to find employees, trying to hire people and at any point in time there are more than 70,000 job listings live on the site.

•SANJEEB MUKHERJEE: You said that there are some lead indicators of a slight revival. What are the sectors where the revival is taking place?

There are some sectors where there has been medium term to long term dimension???. Clearly, real estate is one of them. Anything to do with exports will not recover until the US and Europe recover and that will take a year, two years. If you look at software, there is a challenge because there is a huge dependency on the banking and financial services industries in US and Europe and they are in a bit of a mess right now. Until we kind of recover, you are going to see demand issues for the IT sector.

Campus hiring this year has been a disaster. If you leave out the top 10-15 business schools and may be, the top 20-30 engineering colleges you will find a large proportion of the batch remains to be placed and those who have been placed, many of them have accepted jobs that they would not have wanted to accept a year ago and the average salaries are down.

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