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Naukri.com launches Online Assesment Tool For Recruiters |
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| Naukri.com has launched an online assessment tool to help recruiters match prospective candidate's skill level with the requirement of a job. It is an excellent tool to test the candidates skill set and assess their knowledge to help improve the quality of hire. Not only is it a convenient time saving method of recruitment but also cost efficient and customizable end to end solution. These assessment tests have been designed by subject matter experts and are available under three broad categories: Aptitude tests, Psychometric tests and Domain specific tests. All these tests are highly customizable as per individual company requirements and are conducted with unique Safe Exam Browser (SEB) which ensures that the candidate cannot navigate any other window while the test is on with an added feature of online Proctoring using webcam . Therefore, employers can now conduct multiple tests across locations at the same time and get instant results for the same without any lag. This makes the entire process of screening candidates convenient and hassle free. |
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| Source : 20-02-13 Naukri.com Compiled by Amresh Anjan |
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| Low Female Participation In Workforce Worries ILO |
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| The International Labour Organisation (ILO) has expressed concern over the decline in the labour force participation rate for women in India. It has fallen from 37 percent in 2004-05 to 29 percent in 2009-10. India was ranked 11th among 131 countries, behind even Bangladesh and Pakistan. ILO Regional Director Asia-Pacific Yoshiteru Uramoto says the trend is a combination of various factors, including the lack of job opportunities for women and the difficulty in measuring their participation because of the nature of their work. Women in India and globally were over-represented in certain occupations. For Indian women, the three major occupations were elementary occupations 26 percent, followed by craft and related trade workers 19 percent and service and sales workers and technicians 11 percent. Only 7 percent held administrative, executive and managerial positions. |
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| Source : 17-02-13 Hindu Business Line Compiled by Amresh Anjan |
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| IT Industry To Add Up To 2 Lakh Jobs In 2013-14 |
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| IT industry veteran and Infosys executive co-chairman Mr. S Gopalakrishnan feels that the sector will create up to 2 lakh jobs in FY14, despite not having recovered fully from the slowdown."Even if the industry grows at around 12-14% in FY14 as Nasscom has predicted, I expect about 1.7-2 lakh jobs to be created, which is very good considering the situation we are in. I believe that the IT industry will be one of the few sectors that will continue to create jobs in large numbers," said Mr. Gopalakrishnan. Commenting on Infosys' hiring plans, he pointed out that the IT major is looking at hiring more, specifically for some of its new focus areas like consulting, products and platforms. |
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| Source : 16-02-13 Financial Express Compiled by Amresh Anjan |
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| Slowdown Hits Jobs At Tata Motors in Jamshedpur |
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| Tata Motors has terminated the services of about 75 percent of its 5,000 temporary workers because of a fall in demand,. Chandrabhan Singh, general secretary of the Telco Workers Union, said the termination was a routine process and only employees in departments which had achieved their targets would be affected. According to Corporate Communication Chief Debasis Ray, workers are recruited according to demand and disengaged when the work is done. The terminated workers would be reassigned to their jobs once the markets improved. |
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| Source : 17-02-13 The Telegraph Compiled by Amresh Anjan |
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| Capgemini To Add 28,000 To India Staff By 2015 |
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| French IT Company Capgemini is planning to hire 28,000 people in India by 2015. Giving details about the company's growth plans in the country, Aruna Jayanthi, CEO Capgemini India, said there was enough technical talent but one needed to look beyond engineering colleges. People with strong reasoning, math and analytical skills would add to the pool. However, the challenge lies in getting people who have a strong understanding of business and how it can be aided through technology. Capgemini is betting big on Europe, especially in areas such as big data, analytics, mobility and independent software testing. In India, the company is looking to boost the headcount by 6,000 this year, taking the total workforce in the country to 46,000, said CEO Paul Hermelin. |
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| Source : 17-02-13 The Financial Express Compiled by Amresh Anjan |
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| Software Firms Face Shortage Of Skilled Engineers |
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| India's software firms are facing a shortage of data analytics engineers. The country has only 50,000 engineers capable of undertaking projects in big data and analytics, while demand for these professionals are almost five times that number, according to recruitment firm Heidrick & Struggles India. Top IT customers such as Target and Citigroup are looking for solutions that help them sift through vast amounts of user information. IT firms such as Tata Consultancy Services (TCS) and Infosys are thus realising the need to train staff and develop big data skills. Some companies are recruiting statisticians and mathematicians and training them in-house. Zensar Technologies is working with institutes which have designed special business intelligence courses for the software firm, said Ganesh Natarajan, vice-chairman and CEO. The market for big data is currently about $109 billion, according to KPMG. It will be worth $206.6 billion by 2016. |
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| Source : 16-02-13 Mint Compiled by Amresh Anjan |
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| Mahindra Satyam Appoints Global Biz Head |
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| Mahindra Satyam has named Manoj Chugh global business development head. He will be responsible for business expansion plans for the group as a whole. |
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| Source : 14-02-13 Financial Chronicle Compiled by Amresh Anjan |
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| Danone Cuts 900 Jobs To Fight Downturn |
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| Danone, the Activia and Evian foods group in which US activist investor Nelson Peltz has taken a stake, said that it would shed 900 jobs as it battles with the downturn in the European economy and led to a 4 per cent drop in 2012 net profit. The Paris-based company warned that the outlook for this year remained "negative" in Europe – which accounts for 40 per cent of sales – as it cut its targets for sales growth and operating profit margin. |
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| Source : 09-02-13 Financial Times Compiled by Amresh Anjan |
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| Expat CEOs Lend Expertise To Indian Carriers |
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| It is not just the cockpits, even the corner offices of airline companies in India are occupied by expatriates. Four out of India's six airlines have expat Chief Executive Officers (CEOs).Jet Airways group, comprising Jet Airways and JetLite, has Nikos Kardassis as its CEO. He replaced Wolfgang Prock-Schauer, another expat who was with the airline for six years.Neil Raymond Mills, the CEO of SpiceJet, is an expat, and was hired from Flydubai in 2010 when Kalanithi Maran acquired the budget airline. Go Air, the Wadia Group budget airline, has expat CEO Giorgio De Roni, who was earlier with Air One. Before Mr. De -Roni stepped up, another expat Edgardo Badiali was GoAir's CEO.Even Indian-born Sanjay Aggarwal, the CEO of grounded Kingfisher Airlines, is a U.S. national. |
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| Source : 14-02-13 The Hindu Compiled by Amresh Anjan |
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| Kingfisher Airlines Pays Salaries For June To Select Staff |
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| The cash-strapped Kingfisher Airlines has started disbursing some staff salaries after a gap of almost two and half months. The monthly salary outgo for the airline is around Rs 20 crore and its staff members have not been paid regular salaries since June last year. In November last year the airline cleared some back wages with a promise of settling more wages. This promise was not fulfilled. The airline has over 4,000 people on its rolls. |
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| Source : 18-02-13 Hindu Business Line Compiled by Amresh Anjan |
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| Lanco Infratech Is Cutting Down Jobs |
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| Faced with difficult market conditions, diversified group Lanco Infratech carried out job cuts and trimmed about 1,400 people in the last 14 months due to mounting debt. Lanco, which is mainly into the power sector, is grappling with mounting debts and has outstanding dues of over Rs 3,500 crore from state electricity boards. |
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| Source : 17-02-13 Financial Express Compiled by Amresh Anjan |
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| Making A Case For More Flexi-Staffing In India |
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| India needs to adopt a flexi-staffing culture with rising globalisation and labour costs, Randstad India Chairman Paul van de Kerkhof says in a report. Companies in developed markets such as the U.S. and Europe, which have an enabling legal environment, could adjust headcount to the economic cycles, Mr. Van De Kerkhof said. India needs to do the same. Flexi-staffing would increase in India as labour costs rise. This would require regulatory action by the Government, he said. Flexi-staffing was already happening in IT and engineering because it helps companies save costs. Flexi-staffing of the low-end kind was evident in the construction industry. Randstad is looking to increase its IT infrastructure and bring in global best practices. It would focus on white-collar jobs in the telecom, financial services and consumer care goods sectors. The firm aspires to be a leading player in the HR outsourcing space. |
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| Source : 17-02-13 Hindu Compiled by Amresh Anjan |
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| Arcelor Mittal Holds Ground On Job Cuts |
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| ArcelorMittal refused to accept a top European Union (EU) official's request to postpone job cuts and delay factory closures. Nicola Davidson, a spokeswoman for the steel manufacturer, said operating the plants would threaten the overall viability of the company's business in Europe. Government ministers, company executives and union leaders in Europe have been seeking to prevent the decline of the European steel business. They are expected to formulate an action plan by summer aimed at reversing the decline in Europe's steel industry. At a meeting in Brussels, Antonio Tajani, a European commissioner for industry, urged ArcelorMittal to delay plans to close plants in four countries and avoid cutting thousands of jobs, until the European Commission could present its plan. ArcelorMittal has refused, however. Germany's ThyssenKrupp and the U.K. operations of Tata Steel also are planning to eliminate thousands of jobs in Europe. |
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| Source : 17-02-13 Financial Express Compiled by Amresh Anjan |
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| Abbott appoints India VP for Commercial Operations |
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| Abbott has appointed Bhasker Iyer divisional vice president for commercial operations in India. Abbott is a global healthcare company. |
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| Source : 14-02-13 Financial Chronicle Compiled by Amresh Anjan |
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| Brakes On Recovery As Industrial Output Falls 0.6% |
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| Industrial production shrank 0.6 percent in December, dashing all hopes of recovery,. Dragged down by the manufacturing and mining sectors, this was the sixth consecutive monthly decline so far this financial year. Factory output, as indicated by the index of industrial production, fell by a sharper 0.84 percent in November than the 0.1 percent earlier estimated, according to official data. Manufacturing, with a weight of more than 75 percent in the index, fell 0.7 percent against 2.8 percent a year ago. Mining output fell by a sharp 4 percent. Industrial production was at a healthy 8.3 percent ahead of Diwali, but contracted in the following two months. This has brought overall growth in the third quarter to 2.13 percent. |
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| Source : 13-02-13 Business Standard Compiled by Amresh Anjan |
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