I applied through a staffing agency. The process took 4 weeks. I interviewed at IBM (Hyderabad) in Mar 2010
Interview
One round of Technical Interview followed by one round of Management interview(PDM round). After clearing the PDM round, they will take the relevant documents and send for background checking- once that is done, they will send the offer letter.
The process took 2 days. I interviewed at IBM (Hyderabad) in Sep 2010
Interview
Technical questions asked in the technical round. Mostly on the hiring skill (IDMS)
Second round was more of a HR round with salary and workplace negotiations with Technical stuff thrown in