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Getting Late in Date of Joining - is it recession?

In my Blog, I have got more comments concerned about the Date of Joining.

Around 5,000-10,000 freshers could have recruited across India. All of them will  be called batch by batch. Batches are made according to the current WIPRO requirement and Client needs. Now a days, market is not stable. I wont say recession.It can take some more months or some more weeks to call, you have to wait for your turn. 

Though recruitment happens in bulk, business demand doesn't come all at once, forcing IT firms to defer joining date without telling the reason in many cases. Companies induct student in several phases and spread the joining dates over several quarters so as to not affect their quarterly financial performances.