HR Headlines: Feb-10 (Part-3)

For more article, Visit at : www.amreshanjan.co.cc   The Naukri Job Speak Index Moved Up by 4% In Jan Naukri.com's job index at 743 in January indicates renewed optimism in the environment. There is a shift in the declining trend of hiring activity towards a more stabilized market scenario as indicated by the recovering job index. A sectoral analysis clearly shows that the hiring activity for the top industry sectors is on the road to recovery. Recruitment in IT- software and ITES sectors picked up 10% and 17% in Jan'10 post the dip in Dec'09. In contrast, hiring went down by 5% in the Banking sector after three successive months of an upward moving index. All the metros have seen a surge in hiring in Jan'10 over Dec'09. Source: 19-02-10   naukri.com   Compiled by Amresh Anjan   Indians Love Their Jobs, Reveals A Survey Indians top the charts when it comes to being passionate about their jobs, with a full 72 per cent of the employees surveyed being sure about their personal growth and future of their companies, a survey has revealed. As per the survey by global HR solutions provider Kenexa, the global average for being passionate about jobs is 56 per cent, while this is topped by Indians and at the bottom are Japanese employees with only 41 per cent of them being passionate about their jobs. Indians love their jobs, when their skills and abilities are exploited efficiently, their company supports work/life balance, have confidence in the company's future, have opportunity to improve their skills and are recognised for their work. Source: 15-02-10   Business Standard   Compiled by Amresh Anjan   WNS CEO Says Local Hiring In US Can Save Costs According to WNS Holding's newly appointed chief executive officer, Mr Keshav Murugesh, local hiring in the US and Europe would help BPO players save costs, as qualified people there are ready to take up stretch roles at costs as low as $10 per hour, which is quite similar to the Indian offshoring rates. He views it as a great opportunity to get increased onshore work that gradually translates into better margins. "Besides low-cost manpower that can be trained easily, real estate in the backward locations like Kansas City and Nebraska in the US, is available at cheap rates now. So the overall cost of delivering from these centers is as low as delivery from India," he added. Source: 18-02-10   The Financial Express   Compiled by Amresh Anjan   Ford To Axe 900 jobs At Michigan Plant Ford, US automaker, is going to slash 900 jobs at its Michigan plant whose sales declined 27 per cent last year. The company is going to slash an entire shift from July at the Auto Alliance International plant in Flat Rock, Michigan. Ford said that hourly manufacturing workers would constitute the maximum number of those being laid off, in addition to a total of 2,300 salaried employees at the plant. Source: 17-02-10   rediff.com   Compiled by Amresh Anjan   Bhel To Increase Its Headcount By 8000 State-run Bharat Heavy Electricals (Bhel) plans to add 8,000 employees to its portfolio over the next two years. The company seeks to hire more employees in order to meet its production targets and requirement of personnel for its foray into nuclear power. In the Eleventh Five-Year Plan (2007-12), Bhel had targeted to hire 20,000 people, of which over half have already been enrolled. At present, the company has about 48,000 employees. Source: 18-02-10   The Telegraph   Compiled by Amresh Anjan   Unemployment In UK Jumps To Highest Since 1997 UK unemployment rose in January to the highest level since Mr Tony Blair led the ruling Labour Party to power almost 13 years ago as the recession destroyed work at businesses from carmakers to banks. Claims for jobless benefits increased by 23,500 from the previous month to 1.64 million, the highest since April 1997, the Office for National Statistics said. Source: 18-02-10   The Financial Express   Compiled by Amresh Anjan   Beware Of Your Fellow Women Colleagues As per a recent survey, female colleagues are twice more likely to be involved in back-biting than male colleagues. The online survey revealed that from a sample of 2,000 people, two of five women accepted having sent mean messages about their co-workers in the past seven days as compared to one in five men. It also said that a typical female employee spends around 20 minutes a day moaning about someone they work with, either by email or by messaging. Interestingly, almost two-thirds of the workers tittle-tattle or backbite about their colleagues when they are not around. Twenty five per cent of those surveyed admitted that they groan about their colleagues after office hours. Source: 17-02-10   Hindustan Times   Compiled by Amresh Anjan   Good News For Haryana Women Staff Mr Bhupinder Singh Hooda, the Chief Minister of Haryana, announced a two-year 'Child Care Leave' (CCL) for women employees working under state government. The decision is going to be implemented with immediate effect. He said the paid leave can be availed for a maximum period of 730 days, which can be split or clubbed together, during the service of the employee for the purpose of raising a child. However, the child must be below the age of 18 years. During the leave period, the employee would be given his/her usual salary. Source: 18-02-10   indianexpress.com   Compiled by Amresh Anjan   Mahindra System Plans To Recruit 5, 000 Employees Mahindra System is planning to hire around 5, 000 people, including freshers and experienced professionals, said a senior company official. "The process is expected to be completed by March-end," the official said. Source: 19-02-10   Business Standard   Compiled by Amresh Anjan   Maruti Suzuki to add 3,000 employees Maruti Suzuki, India's top carmaker, is planning to add 3,000 employees in the next three years. The company is also investing 2 billion rupees to add more showrooms and stockyards, Mr S.Y.Siddiqui, head of human resources, said. Source: 19-02-10   in.reuters.com   Compiled by Amresh Anjan   SBI Plans To Induct About 25,000 Personnel State Bank of India (SBI) is likely to induct about 25,000 employees during 2009-10 across different verticals. The bank is hiring 2,000 probationary officers for rural business as part of its strategy of enhancing focus on rural operations. It is currently inducting 11,000 clerks for marketing, banking and advisory services and 481 officers for marketing and recovery (rural) and technical officers (farm sector). The bank has also recruited 500 management executives. Source: 12-02-10   The Financial Express   Compiled by Amresh Anjan   TCS To Review Salary Increments By End Of This Month Tata Consultancy Services (TCS) announced that it will review salary increment plans by this month-end. "There has been no hike in the current fiscal. The demand-supply situation, however, has improved over last year. We review it (wage hikes) along with the business plan for the year, which will be happening somewhere by end of February or in March," TCS Chief Financial Officer Mr S Mahalingam said. Source: 16-02-10   The Financial Express   Compiled by Amresh Anjan   More Jobs Should Be Created By Indian Cos In US, Says The Ambassador As the debate on outsourcing heats up, the United States' authorities feel that India can create jobs in America taking advantage of its "fair tax policy". US Ambassador to India, Mr Timothy J Roemer also sought to downplay concerns that President Barack Obama was aiming American companies having operations in India ever since he called such businesses tax evaders. "There are some companies that try to take advantage of US law, not in India; they try to manipulate US law for the most part and create tax havens in other places in the world," Mr Roemer said. He added that the US also believes "very, very deeply" in regard to trade issue. "You can create jobs in America, and have fair tax policy and double your exports," he said. Source: 18-02-10   Business Standard   Compiled by Amresh Anjan   30 AI Pilots Lose Jobs Several pilots flying Boeing 747-400 and A-310 freighters aircraft are on their way out as national carrier Air India plans to phase out these airplanes. Sources said, Air India has already terminated the service contracts of 30 senior most commanders flying these planes and many more are on the chopping block. According to them, the airline has served a month's notice to these pilots in January, saying that their services were no longer required by the national air carrier. Source: 17-02-10   Business Standard   Compiled by Amresh Anjan   IT Department's Move On Leave Encashment To Affect Businesses The Income Tax (I-T) Department has disallowed expenses towards leave encashment and gratuity as deduction when calculating taxable income, a move that could hit organizations across all sectors. Officials of the department said, "Both are provisions or expenses which are actually not incurred. They are set aside to meet future liabilities as and when they occur." Therefore, they added, deductions on all such expenses and provisions are being disallowed in the returns filed 2008-09 onwards. Source: 13-02-10   Business Standard   Compiled by Amresh Anjan   Mr Carl-Peter Forster Named As Tata Motors Group CEO Tata Motors has named Mr Carl-Peter Forster as group chief executive officer of the company. His main responsibilities would include, spearheading Tata Motors' Indian operations, which includes both domestic and exports and looking after its overseas companies, including the luxury brands Jaguar and Land Rover. Before this, Mr Forster was the head of General Motors, Europe, where he looked after Opel/Vauxhall, Saab and the European activities of Chevrolet. Source: 16-02-10   DNA   Compiled by Amresh Anjan   JLR Names Mr Ralf Speth As New CEO Jaguar Land Rover (JLR) has named Mr Ralf Speth as chief executive officer (CEO) with an overall responsibility for the firm's operations. Source: 18-02-10   Business Standard   Compiled by Amresh Anjan   VE Commercial Vehicles Announces New CEO VE Commercial Vehicles Ltd announced that Mr Vinod Aggarwal will take over as chief executive officer from July 1. Mr Arun Birla, who is spearheading the heavy-duty project of VE Commercial, will take over as executive vice-president of the company, the statement said. Source: 18-02-10   DNA   Compiled by Amresh Anjan   Genpact Appoints Mr Mohit Bhatia As CFO Genpact, India's largest business process outsourcing company, has appointed Mr Mohit Bhatia as its new Chief Financial Officer (CFO). He has replaced Mr Vivek Gour who was the CFO of the company since 2005. Source: 19-02-10   Business Standard   Compiled by Amresh Anjan

 

HR Headlines: Feb-10 (Part-2)

For more article, Visit at : www.amreshanjan.co.cc   Indian Outsourcing Firms Need More Preparation For Dealing With Europe, Reveals A Survey A survey conducted by London-headquartered outsourcing advisory firm Quantum Step reveals that in Europe various barriers existed in doing business with Indian outsourcing firms. According to the survey, some companies pointed out the 'awkwardness' with which Indian men interacted with women. There was another complained listed pointed out the difference in the way Indians perceived to behave towards European clients their own Indian subordinates. Another strong point made had to do with the perception that Indians working onshore in Europe made little attempt to integrate with local employees, preferring instead to socialize and live with other Indians. But despite these findings, continental Europe is gradually opening up to do business with Indian Outsourcing companies, Mr Sridhar Vedala, Quantum Step's Managing Director, said. Source: 06-02-10   Business Standard   Compiled by Amresh Anjan   UK Adopts Stringent Student Visa Rules After Britain suspended issuing student visas in north India, Home secretary, Mr Alan Johnson announced measures intended to slash the number of student visas. He said UK will continue to welcome genuine students, but will come down on those who use student visas to come to Britain to work. Under the new measures, students applying from India and other countries outside the EU will have to meet a higher bar on English language requirement, and students taking courses below degree level will be allowed to work for only 10 hours a week, instead of 20. Source: 08-02-10   Indian Express   Compiled by Amresh Anjan   Genpact To Add 10,000 Employees To Its Portfolio Genpact Ltd is planning to hire 10,000 people across the globe to match its sales growth of 14-17% in 2010, a top official of the company said. The company has announced its intention to hire senior level people worldwide and it recently invested $9 million on account of hiring 10 senior country specific executives across UK, Germany, France, the Nordic region of Europe, the US and Japan. Source: 08-02-10   DNA   Compiled by Amresh Anjan   NTPC Reverses Its Decision To Attract Former Employees NTPC Ltd, Asia's largest power generation company, has turned away from hiring its former employees. The utility has rejected applications of 284 engineers who were looking forward to rejoin the organization, this after advertising for people who used to work for the company. "We have no plans to take them back. We have our own talent pool which is capable of delivering our targets. We have been recruiting around 1,000 employees on a yearly basis, around 80% of our new intakes being engineers," said NTPC human resources director, Mr R.C. Shrivastav. Source: 09-02-10   livemint.com   Compiled by Amresh Anjan   TCS To Increase Its Headcount By 30,000 Next Fiscal Tata Consultancy Services (TCS) announced that it plans to hire 30,000 people next fiscal. The workforce of the company stands at 1, 49,654, with an employee utilisation rates of 81.1% excluding trainees and 77.2% including trainees, and an attrition rate of 11.5%. Out of the 30,000 people to be added, 70% would be freshers and the rest laterals. Around 2,000 professionals would get into the company's development centres abroad. Source: 11-02-10   DNA   Compiled by Amresh Anjan   Banks, Finance Pros Want To Stay Back Home Surprisingly, banking and financial sector professionals, who have spent possibly a decade looking for well-paying overseas jobs and postings, are increasingly shying away from foreign assignments after the global economic slowdown. They fear the budding recovery in the global economy may be fragile and bumpy and prefer to stay put in home jobs with lower perks and salaries. A senior foreign bank executive said that several of his colleagues were opting for "stability and safety" rather than take up an assignment in a foreign location fraught with risks. Source: 08-02-10   Hindustan Times   Compiled by Amresh Anjan   Deloitte To Double Its Workforce Deloitte plans to almost double its India workforce to 24,500 over the next 30 months, a top company official said. "We will hire around 12,000 people in every sector, including IT, CAs, financial services. The process has started and 40 per cent of the total hires will be freshers," Deloitte India's managing director Mr Hari Kumar told PTI on the sidelines of the Nasscom Summit here today. The recruitments would be across the 13 offices Deloitte has in India, Kumar said. He, however, added that the firm was not very keen on expanding its operations (in terms of offices) in the country. Source: 11-02-10   DNA   Compiled by Amresh Anjan   Thirty ISB Students Did Not Take Part In The Placement Process Around 30 students of Hyderabad-based Indian School of Business, have been apparently bitten by the entrepreneurial bug and may skip the ongoing placement drive. Most of them are looking at opportunities in areas like travel, education and use of clean technologies. "About 20 to 30 students will not sit for placements. They are focused on their own projects," said Mr Krishna Tanuku, Director of Wadhwani Centre for Entrepreneurship Development at ISB. He added that while some might turn to entrepreneurship, others might opt to aid their family businesses. Source: 12-02-10   Business Standard   Compiled by Amresh Anjan   Hexaware To Hire 400-500 Engineers Hexaware Technologies Ltd is planning to recruit as many as 400-500 fresh engineers from campuses in calendar year 2010, its top official said. "In calendar year 2010, we are planning to recruit 400 to 500 fresh engineers from campuses as we see an overall increase in business this year," executive chairman Mr Atul Nishar said. Source: 11-02-10   DNA   Compiled by Amresh Anjan   Maruti Suzuki India Buoyant On Hiring Maruti Suzuki India said that it will recruit an additional 950 people in the next financial year including some expatriates from Europe and the US. "We are looking at 950 people for 2010-11. A good chunk will go for research and development," Maruti Suzuki India Managing Executive Officer Administration (HR, Finance and IT) Mr S Y Siddiqui told reporters on the sidelines of SIAM HR conclave. Currently, MSI has a total of 7,500 employees. Source: 12-02-10   ptinews.com   Compiled by Amresh Anjan   McAfee CFO To Retire Soon McAfee Inc's chief financial officer, Mr Rocky Pimentel is going retire after less than two years on the job. He joined the company in May 2008 and will be leaving it later this year, McAfee said. Source: 12-02-10   DNA   Compiled by Amresh Anjan   US Employers Cut 20, 000 Jobs In January US employers slashed 20, 000 jobs in January, while the unemployment rate eased to 9.7%, the Labor Department reported. The report fell short of expectations for a gain of 15, 000 jobs that would have been a clear sign of a turn-around in the troubled US market and overall economy. Source: 06-02-10   Hindustan Times   Compiled by Amresh Anjan   Nielson Announces Appointment Of New MD Global information and media company Nielson Company has named Mr Piyush Mathur as managing director of its South Asia business. He has replaced Mr Partha Rakshit, who has retired from the post. Mr Rakshitwould continue to be associated with Nielson as a consultant on special projects. Source: 09-02-10   The Financial Express   Compiled by Amresh Anjan   JP Morgan CEO Gets A Compensation Package Of $16 Million JP Morgan Chase & Co. which reported $11.7 billion in profit in 2009, awarded Chief Executive Mr Jamie Dimon a compensation package worth about $16 million. The company said that Mr Dimon will not take a cash bonus for the second year running. Source: 06-02-10   Business Standard   Compiled by Amresh Anjan   SAP India Appoints New MD Mr Peter Gartenberg has joined SAP India as the Managing Director. Mr Alok Goyal, who previously served as Vice-President, is going to assume the role of Chief Operating Officer. Source: 10-02-10   The Hindu Business Line   Compiled by Amresh Anjan   Bharti Names New COO For Tamil Nadu Bharti Airtel has announced the appointment of Mr R. Anantharaman as Chief Operating Officer, Airtel Mobile Services, Tamil Nadu. Previously, he was the COO for Airtel West Bengal and Orissa. Source: 11-02-10   The Hindu Business Line   Compiled by Amresh Anjan   CEO Of MySpace Steps Down The Chief Executive of MySpace, Mr Owen Van Natta has stepped down and is being replaced by Mr Mike Jones and Mr Jason Hirschhorn as co-presidents. Mr Van Natta, whose resignation is effective immediately, comes after less than a year with the MySpace. "In talking about his priorities both personally and professionally going forward, we both agreed that it was best for him to step down at this time," said Mr Jon Miller, News Corp's Chairman and CEO of Digital Media. Source: 11-02-10   ibnlive.in.com   Compiled by Amresh Anjan   Total Rewards Conclave in Mumbai this week With the objective of preparing Managers to deal with compensation challenges in 2010, People Matters is organizing a special conclave on 17th February. The event will have a series of panel discussions, technical sessions and case studies. For complete agenda and speakers, visit www.peoplematters.in/events, email rekha.c@peoplematters.in or call 0124 - 4148101. Source: 16-02-10   People Matters   Compiled by Amresh Anjan

 

HR Headlines: Feb-10 (Part-1)

For more article, Visit at : www.amreshanjan.co.cc Social Networking Websites – A Tool To Scan Jobseekers Job seekers should be careful about the content posted by them on social networking sites like Facebook and Orkut, as majority of the Indian companies are using such sites to scan more about the candidates, a survey has revealed. Out of the 100 employers surveyed, about 73 per cent of them said they use social networking sites to know more about job candidates. About 48 per cent of employers said they disregarded a candidate after screening because he lied about his qualifications on social networking sites and 31 per cent of employers said they did not hire a candidate because he showed poor communication skills. The report suggested that those who are looking for jobs should remove photos, content and links that can work against them. Also, they need to be selective while accepting friends' request and not to mention about job search if you are still employed among others. Source: 25-01-10   Business Standard   Compiled by Amresh Anjan   CEOs Buoyant On Hiring Most of the CEOs surveyed across the world sounded positive about growth prospects and are planning to raise headcount this year. As per the PricewaterhouseCoopers 13th Annual Global CEO Survey, released at the ongoing World Economic Forum meet in Davos, "CEOs' confidence for future growth has bounced back from the gloomy prospects of a year ago and they are planning to boost their head-count." The confidence level of CEOs in emerging markets is much higher than those in the developed nations; with 97 per cent CEOs in India alone saying that they are hopeful about growth in the next year. Source: 27-01-10   rediff.com   Compiled by Amresh Anjan   Punjab Govt To Get More Systematic In Dealing With Employees The Punjab government said it will soon launch a systematic drive to identify laggards and weed them out. This move is an attempt to warn the inefficient and corrupt employees in the state. The state government is also planning to start a monthly appraisal system for civil officers, besides those of district police chiefs. Making these announcements, deputy chief minister, Mr Sukhbir Singh Badal said the government would, however, honour those employees who were toiling day and night to serve people. He also said laggards would have to pack up as the state government was moving with the motto of "perform or perish". Source: 27-01-10   rediff.com   Compiled by Amresh Anjan   Oracle Corp Plans To Increase Its Headcount By 2,000 According to a media report, software maker, Oracle Corp is planning to hire 2,000 people in sales and engineering department, as the company is near to closing its long-delayed acquisition of Sun Microsystems Inc. Oracle chief executive, Mr Larry Ellison said that he is setting a new course for Oracle that includes hiring 2,000 sales and engineering employees and developing a line of high-end computer systems. Source: 27-01-10   rediff.com   Compiled by Amresh Anjan   Top Level Executives Are The Most Corrupt, Reveals A Survey A majority of private employees surveyed have said that corruption is rampant in the Indian corporate sector and those at the top indulge the most in it. An average 86 per cent of respondents agree that corruption is a common phenomenon in corporate India. The acceptance towards corruption increases from lower management (83.4 per cent) to middle management (88.1 per cent) to senior management (90.2 per cent), the survey by market research and consulting firm Marketing and Development Research Associates (MDRA) said. The study was conducted among 742 employees across different sectors in Delhi, Noida, Gurgaon, Mumbai, Pune, Bangalore, Kolkata, Chennai and Hyderabad. The employees surveyed have ranked monetary transaction as the most common form of corruption while nepotism comes at bottom. Apart from that, breach of trust and fraud are the other forms of corruption widely seen in the corporate world. Source: 24-01-10   Business Standard   Compiled by Amresh Anjan   Decline In Unemployment Rate In South Asia Indicated By ILO A study by the International labour Organisation has indicated that unemployment rate in the South Asian region would decline to 4.9 per cent this year from 5.1 per cent recorded last year. The report projected GDP growth rate to edge higher to six per cent in the region. The study, however, underlined that+, poverty and vulnerable forms of employment still remain widespread in the region. Source: 27-01-09   Business Standard   Compiled by Amresh Anjan   Ford To Add More Jobs To Its Portfolio Ford Motor Co plans to build the next version of its Explorer sport-utility vehicle at its Chicago assembly plant, adding 1,200 jobs, a source familiar with the matter said. The company already builds the Ford Taurus and Lincoln MKS sedans at the Chicago plant, which at present has about 1,300 hourly workers represented by the United Auto Workers union. Source: 26-01-10   DNA   Compiled by Amresh Anjan   Parliament Committee Criticizes AI Mgt On Salary Cut Proposal Air India management's proposal to axe the pay package of over 30,000 employees in a bid to cut costs has come under attack from a parliamentary committee, which has sought payment of all arrears with effect from January 1997. In its report, the Parliamentary Standing Committee on Transport, Tourism and Culture noted that the main reasons for Air India's losses were not the employees' fault, but "misplaced" policies of the government. "The Committee feels that employees are being made scapegoat and cut in their salaries and PLI have become tools in the hands of management in the name of cost cutting/ restructuring," the report said. Source: 24-01-10   The Financial Express   Compiled by Amresh Anjan   Nine Indians In FT's List Of 50 Emerging Market Biz Leaders In a list compiled by the British financial daily the Financial Times, nine Indian corporate honchos, including Mr Ratan Tata and the Ambani brothers, have been named among the 50 emerging market business leaders. The newspaper has named the top 50 emerging business leaders for their role in shaping the strong economic performance of their specific regions. The nine Indian business leaders include the Tata Group chairman Mr Ratan Tata, Reliance Industries chairman Mr Mukesh Ambani, ADAG chairman Mr Anil Ambani, ICICI Bank managing director and chief executive Ms Chanda Kochhar, Mahindra group patriarch Mr Keshub Mahindra, Bharti Airtel chairman Mr Sunil Bharti Mittal, Videocon chairman Mr Venugopal Dhoot, Hero Group founder Mr Brijmohan Lall Munjal, and Future Group chairman Mr Kishore Biyani. Source: 26-01-10   Hindustan Times   Compiled by Amresh Anjan   Kraft To Create Jobs For Cadbury Kraft Foods is planning to create more jobs in the UK and grow Cadbury's British business following its takeover of the confectioner. Mr Michael Osanloo, Kraft's executive vice-president, strategy, and the man in charge of the integration of Cadbury, said, "I would fully expect that once we can actually look at what is going on and have a more informed perspective that this should, down the road, increase manufacturing jobs in the UK." Source: 24-01-10   DNA   Compiled by Amresh Anjan   Mr Narayan Ramachandran To Quit Morgan Stanley Financial services firm, Morgan Stanley said its Indian chief executive and country head Mr Narayan Ramachandran will resign from his current role next month. The company said that Mr Ramachandran decided to step down from the full-time charge to pursue personal interests in entrepreneurship and public service. Morgan Stanley's Asia COO, Mr Scott Gaynor, is going to take the additional responsibility as company's acting country head for India. A full-time India CEO will be announced sometime in the future, the company said. Source: 28-01-10   DNA   Compiled by Amresh Anjan   Bonuses Of Barclay's Top Staff Might Get Deferred In an attempt to counter anger over bankers' pay, British bank Barclays plans to defer payment of up to 100% of bonuses for its top staff for three years. It said that the bank's next 2,000 or so staff would defer upwards of 75% of bonuses for three years, while lower ranking staff would have about half of their bonuses deferred. Source: 24-01-10   DNA   Compiled by Amresh Anjan   JAL To Name Mr Masaru Onish As President Japan Airlines Corp (JAL) said it will appoint Mr Masaru Onishi as its new president to manage the company's state-led rehabilitation process. Mr. Onishi will officially take his position as president and group chief operating officer on February 1 along with Kyocera Corp founder Mr Kazuo Inamori, who has already agreed to become the company's chairman. Source: 27-01-10   Business Standard   Compiled by Amresh Anjan   SpiceJet Plans To Hire 150 Employees SpiceJet is planning to hire about 140-150 employees to meet the manpower requirements for the four new aircrafts it would add this year. "We will hire about 100 flight attendants and 40 pilots for the four aircraft we plan to acquire this year," SpiceJet chief executive, Mr Sanjay Aggarwal said. Source: 26-01-10   Business Standard   Compiled by Amresh Anjan   WNS CEO Mr Neeraj Bhargava Resigns Mr. Neeraj Bhargava, the co-founder and chief executive of WNS, India's second-largest business process outsourcing firm, has quit and will join private equity firm Steer Capital Advisors. He has been the CEO of WNS for over six years and was responsible for the company's growth from $15 million in 2002 to $390 million by the end of this year. Source: 25-01-10   Business Standard   Compiled by Amresh Anjan