Employability Through Facebook The idea of a potential boss trawling through your drunken pictures on Facebook can be a source of great fear, but according to a new study your profile can be used to quickly predict if you'll be a good worker or a straight-A student. The findings are part of a US study, which found that employers are able to tell how good you will be at a job based on your Facebook profile. Researchers considered photos, hobbies and a person's number of friends before answering questions such as "how dependable is this person?" They found that there was a strong correlation between someone's job success and certain characteristics displayed on a Facebook page. These included a high number of friends, a wide range of interests and photographs showing far-flung travels, as these demonstrate agreeability. They also found that photographs of partying were seen to be positive as it showed the person was more sociable and extroverted. Source : 23-02-12 Hindustantimes.com Compiled by Amresh Anjan
Future Group Freezes Fresh Hiring The Future Group has put a freeze on mass hiring for its retail operations as a part of a restructuring drive resulting in trimming of total workforce. The retailer that operates around 1,200 stores across formats in the country has decided to put a hold on hiring except for a few crucial roles, according to people familiar with the development. In the last one year, the group is understood to have lost up to 4,000 employees as a result of natural attrition and closing down of stores, bringing down the total number of workforce to about 36,000 across levels. The total number of stores closed could not be ascertained as the company officials declined to comment on the issue. Recently, the group had shut down 11 stores of eZone that sells electronics and appliances with an aim to focus only on five cities. The company has also been working on various initiatives, including monetization of non-core business. Future Group has a presence in more than 85 cities and 60 rural locations across the country with formats like Pantaloons, Central formats, Big Bazaar, Food Bazaar and KB's Fairprice Source : 21-02-12 Business-standard.com Compiled by Amresh Anjan
Bullish hiring trends on cards for 2012 first half: Naukri Survey Bullish hiring trends on cards for 2012 first half: Naukri Survey Hinting at robust job creation activities through the first half of 2012 in the country, a new survey has found that nearly three-fourth of the employers are bullish on hiring prospects for this six-month period. As per the survey of more than 1,000 recruiters, conducted by leading job portal Naukri.com, about 72 per cent of the employers are bullish about hiring prospects in the first half of 2012. As per the survey, 72 per cent recruiters expect new jobs to be created in the first half of 2012, while another 4 per cent do not anticipate any layoffs this year. Just four per cent of the recruiters said that there will no hiring. However, recruiters in auto, banking, pharma and construction segments were not as optimistic as those in the other sectors, the survey results showed. About 61 per cent of the recruiters surveyed said that they face a talent crunch during hiring process. As per the findings, majority of the respondents felt that maximum opportunities would be available for those having 4-8 years experience. Regarding increments, around 32 per cent said the range would be between 10-15 per cent while 31 per cent opined that the hikes could be around 15-20 per cent."However it is interesting to note that 15 per cent said that the increments will be less than 5 per cent," as per the Naukri.com survey results. Commenting on the survey results, Info Edge India's Chief Financial Officer Mr. Ambarish Raghuvanshi said that hiring intentions are determined by economic growth outlook as well as business confidence levels. Source : 21-02-12 Profit.ndtv.com Compiled by Amresh Anjan
Indian Shares May Rise After US Jobs Data Indian shares are likely to open higher on Friday, mirroring positive Asian cues after data showed U.S. jobless claims held at a four-year low and German business confidence exceeded forecasts. The euro rose to a 2-1/2-month high against the dollar before GDP reports from Germany and the UK slated to be released later in the European session. Having said that, the recent hike in global oil prices is a concern as India imports nearly 80 percent of its oil requirements. The rise in oil prices if sustained may put upward pressure on inflation and limit the scope for further monetary easing. Crude futures for April delivery rose $1.55, or 1.5 percent to settle at $107.83 a barrel on the New York Mercantile Exchange on Thursday, its highest closing level since May 5, helped by lingering concerns about possible supply disruptions and a weak dollar. Source : 23-02-12 Rttnews.com Compiled by Amresh Anjan
MacAfee Names Jagdish Mahapatra as MD India & SAARC Security software provider McAfee has appointed Jagdish Mahapatra as the Managing Director for India and SAARC operations. Based in Mumbai, Mr. Mahapatra will report to Wahab Yusoff, Vice-President South Asia and will spearhead the company's growth in the subcontinent, McAfee said in a statement. In this role, his key responsibilities include driving enterprise and consumer driven product revenues, strengthening the customer base across verticals and leading channel partner and alliance engagements, it added. In his previous role, Mr. Mahapatra was Senior Vice President (IT Services Sales) at Cisco Systems India. Source : 13-02-12 Pluggd.in Compiled by Amresh Anjan
Eyeing Telecom Business, Cisco Systems To Increase India Staff By 60% in 4 Years Networking major Cisco is planning to increase its workforce in India by 60 percent over the next four years. The expansion is part of its strategy for emerging markets. The company will recruit most of the personnel for its research and development centre in Bangalore, which is its largest outside the U.S. The expansion is happening at a time when telecom majors such as Nokia, Nokia Siemens Networks, Tellabs, Alcatel-Lucent and others started looking at reducing their global workforce. Several telecom operators have also reduced their manpower in India. Cisco is increasingly using the Bangalore centre for innovating products for emerging markets such as India, China and Brazil. "By 2015, we will be ramping up from 7,500 people to about 12,000 people, increasing workforce out of Bangalore. We want to innovate faster and at the right price point for emerging countries because the growth will happen in this part of the world now," said Mr. Sanjay Rohatgi, senior vice-president of service provider business in India, Cisco. Source : 02-02-12 Telecomlead.com Compiled by Amresh Anjan
2 Cohorts Begin Recruitment At IIM Ahmedabad The final placement for 372 students of the PGP batch of 2010-12 at Indian Institute of Management, Ahmedabad, started on Monday. Boston Consulting Group (BCG) made the maximum number of offers on the first day. Firms belonging to two cohorts — global strategy consulting and international investment banks were part of the first cluster on Monday. BCG recruited 17 PGP students from IIMA this year. The other recruiters included, McKinsey & Co., Bain & Co., AT Kearney, Credit Suisse, HSBC, Oliver Wyman and Accenture. The students were offered roles in their India offices as well as in international locations such as London and New York. Credit Suisse was among the recruiters that offered international jobs to students. Completion of recruitment within 15 days in four different clusters of final placements is an experiment that the IIMA placement cell has chosen to undertake this year. Last year, companies from each cluster recruited students on weekends extending the placement season for a month. Following the newly-introduced Indian Placement Standard Reporting (IPRS), the IIMA is keeping all details regarding placements a secret. Concerned officials refused to reveal details about number of students participating. Source : 14-02-12 dnaindia.com Compiled by Amresh Anjan
Cathay Pacific to hire 200 flight attendants in India, Delhi Global air carrier Cathay Pacific Airways plans to hire 200 flight attendants in 2012 as part of India expansion plan. We will be hiring 200 cabin crew in all in 2012," a company spokesperson said. The last recruitment exercise in India was held 15 years ago, the airline said. Over 2,000 shortlisted candidates of Indian nationality, over 18 years of age and are fluent in Hindi and English, will be invited to interview sessions in February, the company said in a statement here. Cathay Pacific is committed to serving India and contributing to the country's aviation industry. Recruiting local cabin crew will enable us to fine-tune our services to cater specifically to Indian travellers," Cathay Pacific General Manager (South Asia, Middle East and Africa) Mr. Tom Wright said. Successful applicants will be trained and based in Hong Kong - the home of Cathay Pacific. The airline operates a fleet of 131 aircraft and serves more than 160 destinations around the world. The airline has been operating passenger services between Hong Kong and India since 1982 and flies to three cities here - Mumbai, Delhi and Chennai. Source : 16-02-12 Resumes-india.com Compiled by Amresh Anjan
Hiring To Grow In Small Cities In First Half Of 2012 Says MyHiringClub.com Survey A positive trend in recruitment is expected in smaller towns and mini-metros during the first half of 2012 on the back of increased hiring in sectors such as engineering and manufacturing, says a survey. According to the survey by recruitment tendering platform MyHiringClub.com, hiring activities are expected to grow by 11 per cent in Tier-II cities such as Pune and Hyderabad during the January-June period of 2012 compared to the year-ago period. In addition, 8 percent growth in recruitment activities may be witnessed in Tier-III cities like Jaipur, Ghaziabad and Kochi during the first half of the 2012 from the year-ago period. Tier-II and Tier-III cities seem to be gaining ground, compared to the metros as companies continue to look at them as cost-effective destinations."Employees from these cities have a very low attrition rate and are cost effective as compared to the metros. That's the main reason where employers had started preferring candidates from these cities," MyHiringClub.com CEO Mr. Rajesh Kumar said. Manufacturing and engineering, retail, FMCG, banking and financial services and IT/ITeS are major sectors that would see maximum hiring from smaller cities during the period under review and the survey expects that similar hiring trend will continue during the second half of the year as well. Source : 20-02-12 zeenews.india.com Compiled by Amresh Anjan
IndianOil To See Half Of Staff Retire By 2021 IndianOil Corporation Limited (IOCL) is set to lose about 16,000 employees by 2021. In order to counter the mass exodus that will happen due to retirement of employees over the next eight years, the 50-year-old company will be outsourcing some of its "peripheral" jobs and services."Between 2012 and 2021, we will be losing half of our 34,000-strong workforce," Mr. Ashok Jambur, chief training manager (refineries divisions) at IOCL, told The Indian Express on the sidelines of the National HRD Conclave organized in Vadodara by the Federation of Gujarat Industries (FGI). The retirement will be across the board and will include both white and blue-collared workers. Mr. Jambur conceded that future recruitment would be a challenge for the company. "We will recruit through campus recruitment, advertisements and placement agencies," he said. An Ernst and Young study conducted in 2010 on the human resources challenges faced by India's oil and gas sector had cautioned about retirements that will happen in the core functions. It said that the Indian oil and gas sector was facing competition in the talent market not only from other sectors but also from global oil and gas companies that are targeting premier Indian engineering institutes."We will also outsource some of the jobs and services like transportation, maintenance, canteen facilities etc," Mr. Jambur said. IOCL sources said the company might also consider hiring some of its retired employees on a contractual basis. Source : 24-02-12 Indianexpress.com Compiled by Amresh Anjan
Public Sector Banks May Not Flock To The IIM'S The slowdown in 2009 saw many public sector organizations coming to the rescue of the Indian Institutes of Management (IIMs). This placement season may not paint a similar picture. For instance, State Bank of India (SBI) and IDBI Bank have decided not to go to the IIMs this year. Union Bank of India and Bank of India are not sure about the number of students they will get to recruit. We will visit all other management institutes except the IIMs, as we have had a bad experience with them," said Mr. T R Bajalia, executive director (HR) .They tend to leave us in one to two years time." In fact, the public sector lender has already begun visits to management and engineering institute campuses to recruit 400 graduates, including MBAs. SBI reveals it has no plans to visit management institutes this year. It will decide its 2012-13 course of action this April. Reason: the bank is planning to recruit people entirely through their national-level entrance examination, according to Arundhati Bhattacharya, deputy managing director of SBI. PSUs told Business Standard that last year, with the economy back on track, IIM students preferred private sector companies due to fatter pay packets. Government undertakings such as BPCL, HPCL, GAIL, IOCL, NTPC, SBI Cap, Sidbi, Sebi, United Bank of India and Union Bank of India, with their conservative salary structures, recruited from other B-schools in good numbers. While PSU banks offer students a package of Rs 5-6 lakh per annum, private banks pay over Rs 10 lakh per annum. Source : 14-02-12 business-standard.com Compiled by Amresh Anjan
Unisys Forays Into Security Solutions Market In India US information technology company Unisys has made its move to take a share in the growing Indian security solutions markets as internal surveillance in the country grows. Unisys security solutions integrate closed circuit television (CCTV) footages into cloud computing systems. This allows for storage of data of CCTV data remotely, in servers located in data centres or disaster proofed locations. Mr. Kumar Prabhas, Unisys India MD also said, Unisys has been increasing its recruitment from campus and in 2011, its fresher's recruitment stood at 41 per cent of its total recruitment in India. Source : 23-02-12 Mydigitalfc.com Compiled by Amresh Anjan
Infosys To Hire 20,000 From Campuses In India Infosys Technologies will hire 20,000 people from campuses across the country during fiscal 2012-13. Company Chief Executive Officer and Managing Director Mr. S D Shibhulal said the company was well on track to meet its target of hiring 47,000 persons during the current fiscal year. Infosys has hired 23,000 persons from the campuses during 2011-12. He told Khaleej Times that IT companies were not getting adequate people from the campuses as more than 75 per cent of the fresh graduates were not employable. He said concerted action was required to make the youth industry ready. Mr. Shibhulal said there was need for a review of the current curriculum and qualitative improvement in the faculty. Campus Connect seeks to align the college curriculum with the industry's needs. Under the programme, Infosys designs industry-oriented topics and provide the courseware to students besides giving them projects to do, and also provide sabbaticals for the faculty. Infosys will increase its strength in the Trivandrum development centre from 5,000 to 10,000 in the next two to three years. The company will establish a development centre at Indore in Madhya Pradesh as soon as land is available. The other cities where Infosys has centred its focus include Jaipur, Pune, Mysore, Mangalore and Bhuwaneshwar. Source : 16-02-12 Khaleejtimes.com Compiled by Amresh Anjan
MBAs Back In Demand; Top B-Schools Increase Seats Amid economy-related bad news — hiring freezes and low salary packages — there's some good news for those who wish to pursue an MBA. With the demand for MBAs rising again, top B-schools across the country are set to hike their intake this year or the next. SP Jain Institute of Management and Research, Mumbai, plans to increase intake in its postgraduate diploma in management (PGDM) from 180 to 240. The director Mr. SheshaIyer said, "We are awaiting the All India Council for Technical Education's (AICTE) nod."State-owned Sydenham Institute of Management is also doubling intake for the first time since its inception in 1983. It has applied to the AICTE for the same in the backdrop of CMAT becoming compulsory for all from 2013. Director Prof MA Khan said, "We have 60 seats each in MMS and PGDBM. Once CMAT becomes compulsory, PGDBM will be open to out-of-state students as well. Hence, we have asked for 60 more seats in MMS as admission in this course will be restricted to state students." XLRI School of Business and Human Resources, Jamshedpur, plans to increase intake from 2013. Two postgraduate programmes, which have 120 seats each, will touch 180 each next year. Hyderabad's Indian School of Business, which has 570 seats, will have a new campus in Mohali with 200 seats. The number of aspirants in top B-schools is also on the rise. Narsee Monjee Institute of Management Studies got 20% more applications this year. Director Mr. Amrish Patel said, "Last year, we had received 39,000 applications for PGDBM. This year, the number has crossed to 54,000." SP Jain too saw a rise in applications from last year's 14,000 to 16,000 this year. While there still is a huge gap between demand and supply in good schools, a large number of seats remain vacant in B-schools located in the interiors as they lack basic infrastructure and good teachers. As many as 50% management seats (16,400) remained vacant in Maharashtra in 2011, in spite of that AICTE is flooded with new requests from state. Council's state chief Mr. AK Shukla said, "Nearly, 111 applications are pending for increase in intake or new schools for engineering, management and other technical schools. Breakup is yet to be seen.""For a country like India, which is growing, demand is not an issue with respect to quality MBA programmes. Unfortunately, a lot of institutes churn out students of poor quality for whom there is no market value," said Mr. Janat Shah, Director of IIM, Udaipur Source : 24-02-12 Dnaindia.com Compiled by Amresh Anjan
Indian BPOs Are Going Rural To Stay Competitive Business Process Outsourcing (BPO) companies are now moving away from the main metro cities to the hinterlands in search of talent as well as to economize the cost of their operations. "Lower cost of operations and better retention of employees are driving growth," said a recent National Association of Software and Services Companies (Nasscom) survey titled "Strategic Review 2011". If one were to go by the survey, IT-BPO firms are set to increase the total rural BPO employee base by more than 10 times over the next three years. Rural BPOs are now compelling business ventures for outsourcing companies due to factors such as availability of talent, low attrition rates, affordable real estate, and cheap labour and minimal operational costs. According to Mr. K. Purushothaman, Regional Director of Nasscom, business process outsourcing jobs are moving away to low-cost countries such as the Philippines and Egypt. If India needs to retain its brand image of world's outsourcing destination, it will have to explore newer avenues and areas. "Tier-III and rural areas are the next best options for these outsourcing companies. Talent is available in these rural areas, but it will have to be re-oriented to meet the requirements of the industry standards," he added. Source : 24-02-12 Thehindu.com Compiled by Amresh Anjan
Mr.Murthy's Budget Wish list: FDI, Jobs And Education Infra Ahead of the presentation of the Union budget, software icon Mr. N R Narayana Murthy today urged the government to make it easier for businesses to grow and foreign direct investment, among others. On his wish-list for the budget, the Chairman Emeritus of software major Infosys, told reporters here that if the government can do whatever is needed to accelerate the country's progress in basic and higher education, in the areas of nutrition, health and shelter, "that would be good". Asked if he is looking forward to the budget turbo-charging the economy, Mr. Murthy said in addition to that, the government needs to make it easier for businesses to grow, for job creation, for FDI and for building higher education infrastructure quickly. Regarding higher education sector in India, he said, "We have to speed up our responses to the critical areas that we have – whether entry of foreign universities in India, whether it's the formation of National Science and Engineering Board". "All these issues will have to be decided with a sense of alacrity. Because education is one of the most critical infrastructures for the country," he added, stressing the need for taking "quick decisions" because "then you can go to the next steps". The Union Budget will be presented on March 16. Source : 27-02-12 Firstpost.com Compiled by Amresh Anjan
Food Corporation Of India Plans To Hire 6,000 In 6 Months Food Corporation of India (FCI) is mulling to hire 6,000 people in the upcoming six months with the aim to handle the surge in food grain procurement, according to Prof KV Thomas, Food Minister. This will be along with the 4,000 people that FCI has been recruiting currently for which written tests has been conducted by the Staff Selection Commission. Mr. Shiraj Hussain, Chairman, Food Corporation of India, said, "Our board has approved hiring of 6,000 more people in the C Category and we will request SSC to undertake the additional recruitment." This statement has come on the sidelines of the international wheat conference. FCI presently has staff strength of 30,000 employees. With the new additions, the overall headcount is unlikely to cross the sanctioned strength of 36,000 since FCI is eyeing significant churn due to the retirements in the upcoming few months. Source : 10-02-12 News.indiamart.com Compiled by Amresh Anjan
4th Cluster Of IIM Ahmedabad Placements Ends As the placement season at the Indian Institute of Management, Ahmedabad (IIM-A) reached its fourth cluster on Monday, FINO, a firm offering a business and banking technology platform, offered maximum jobs. The fourth cluster began on Saturday evening and continued till Monday late evening. The process started with group discussion on Saturday. Students were interviewed on Sunday and Monday at the campus. Cluster 4 saw firms from industries such as steel, e-commerce, textile, financial services and analytics recruiting students. Tata Steel, FINO, Raymond, D'Décor, RedBus were among the recruiters and offered jobs in sales and marketing, business development and general management. Mr. Damorine Bent, assistant manager (talent acquisition) at FINO, said, "We are coming back to IIMA after three years. IIMA students have proved themselves in our organisation and we wanted to make maximum use of this opportunity". Even after the completion of four clusters, there are students waiting to get right offers and so the final placement process of IIMA will now proceed on a rolling basis where firms will be invited to the campus based on students' preferences. Source : 28-02-12 dnaindia.com Compiled by Amresh Anjan
Air India's Pilot Hiring Drive Fails To Take Off It seems there are not many takers for the lucrative offers dropped by Air India Express in its bid to recruit native pilots to operate the Boeing 737-800 fleet. Aimed at uninterrupted service, the low-coast arm of Air India had launched a recruitment drive for pilots in which preference was given to Indians. The aim of the Kochi-headquartered company, which mainly serves caters to the Gulf region, was to base some of its pilots in Kochi, Kozhikode and Mangalore from where AI Express operates a major share of its flights. "We did not get the required number of aviators even after announcing plush offers. The number is so poor that it has not even crossed five," said Mr. S Chandrakumar, chief operating officer of AI Express. The airline's plan was to recruit 25 commanders and 20 co-pilots. Currently, AI Express commanders and co-pilots are based in Mumbai. For operating a flight, they have to come all the way from Mumbai to these cities. Considering expenses incurred for accommodating them in hotels and the travel costs, the best option for the company was to base them in the respective cities. The company also announced additional allowances of Rs 1 lakh. The remuneration for a commander with AI Express is $100,000 (Rs 4.94 lakh) per month. AI Express fleet consists of 21 B737-800 aircraft and it operates nearly 100 flights per week, mainly from Tamil Nadu, Karnataka and Kerala. At present, the airline has 108 commanders, out of which 15 are expatriates. "Hiring expatriate commanders is expensive. That is why we look for Indians," said Mr. Chandrakumar. He said that the lack of pilots was one of the reasons for clubbing of some services when the company had to reschedule its flights after the guide-lines under Window of Circadian Low (WOCL) came into force in February this year. Source : 29-02-12 ibnlive.in.com Compiled by Amresh Anjan
Indian IT Industry To Hire 200,000 For FY13. The Indian IT industry will continue to be a net hirer, even as it battles global uncertainty, said the industry body National Association of Software and Services Companies (Nasscom). For the financial year 2013, the industry will hire around 200,000 of which 100,000 students have already received offer letters. The industry would end FY12 by hiring 230,000. Rather the industry would have created direct employment of 2.7 million and indirect employment of around 8.9 million. The IT-BPO sector continues to be one of the largest employers in the country by creating in total jobs for 11.7 million. The industry is expected to increase direct employment by 9 per cent. "We have projected a growth of 11-14 per cent. We will revisit the same in October. Based on this as of now the hiring will be 200,000, but we think we will either hire similar number as FY12 or slightly higher," said Mr. Rajendra Pawar, Chairman, Nasscom. Rather the industry body believes that across the globe there is shortage of skills in the technology space. The industry also agreed that with elections around the corner in the US, outsourcing rhetoric is but going to go up. "This year we would like to focus on communicating to the world and make people understand how we are creating employment and helping companies across geographies," said Mr. Pawar. Over the last few year Indian IT firms have created over 25,000-30,000 jobs in the US. Of the total base of employees being hired by the industry, around 5-6 per cent are foreign employees. "Globally companies are hiring talent and they are hiring everywhere. Infact the global hiring will go up significantly on a year over year basis. As we expand, not just the IT firms, we do need a variety of jobs and skills and we will need to hire from all geographies," said Mr. N Chandrasekaran, Vice-Chairman, Nasscom and MD & CEO, TCS. Source : 14-02-12 Business-standard.com Compiled by Amresh Anjan
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