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| Tata Motors inks pact with NSDC to provide jobs to J&K youth |
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| India's largest automaker Tata Motors today said it will recruit graduate engineers from Jammu & Kashmir to work at its automobile sales and service network and will also provide employment- oriented training to youth from the state. Tata Motors becomes the first automobile company to sign a MoU with NSDC (National Skill Development Corporation), under the PM's Udaan Scheme, through the Tata Motors Certified Works Manager Programme, the auto major said in a statement. "The move to collaborate with NSDC under the Udaan scheme is to create employment opportunities for the educated youth of J&K by providing them with skilful practical knowledge of vehicle operations and service," Mr. Sanjeev Garg, Global Head - Customer Care, Tata Motors said. As per the 'Tata Motors Certified Works Manager Scheme', the company would recruit fresh graduates from engineering colleges of Jammu & Kashmir and provide them employment opportunities across Tata Authorised Service Stations, the company said. "The MoU (with NSDC) was signed to explore training and employment opportunities for graduates, post-graduates, three-year engineering diploma holders and professional degree holders in the state, through a collaborative action-oriented agenda," it added. The Tata Motors sales and service network consists of 1,300 sales touch points and over 1,100 service touch points across the country. |
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| Source : 17-06-13 Thehindubusinessline.com Compiled by Amresh Anjan |
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| IBM cuts about 2,800 jobs in North America; to cut in India too |
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| IBM, the world's largest computer services provider, has initiated a global restructuring plan by laying-off almost 2,800 employees in North America so far and more job cuts are in offing in other nations like India. The restructuring plan announced in April after releasing disappointing first-quarter results will cost IBM USD 1 billion worldwide, including severance expenses. Earlier this year, International Business Machines (IBM) CFO Mr. Mark Loughridge in an investor call had said the US-based firm will embark on a "workforce rebalancing", or job cuts, that will cost about USD 1 billion and the bulk of which would be outside the US.IBM employed a total of 434,246 persons globally at the end of 2012.When asked about the total number of lay-offs that will happen, employee group Alliance@IBM international coordinator Lee Conrad said so far 2,200 jobs have been cut in the US and Canada. |
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| Source : 16-06-13 Zeenews.india.com Compiled by Amresh Anjan |
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| Mysterious Steve Jobs emails hang over Apple trial |
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| The late Mr. Steve Jobs has taken centre stage in the latest twist in the Apple antitrust trial on eBooks. A federal court attempted to plumb the meaning of a series of unsent emails Jobs addressed to Eddy Cue, an Apple senior vice president assigned with negotiating eBooks contracts with major publishers in late 2009 and early 2010 before the launch of the iPad. Even though the emails were never sent, government prosecutors argue that they help establish a pattern of Apple serving as a "ringleader" in a conspiracy with the publishers to force the retail book industry to adopt higher prices of eBooks'. The government contends that Apple forced publishers to change their pricing system with Amazon, resulting in higher eBook prices across the industry and costing consumers hundreds of millions of dollars. Apple maintains that it was indifferent to Amazon's contracts with the publishers and that higher eBook prices were set by publishers, not Apple. All of the draft emails responded to a message from Mr. Cue outlining the emerging price of Apple eBooks, which would be USD 12.99 or USD 14.99, up from the USD 9.99 Amazon had sold for bestsellers. |
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| Source : 16-06-13 Zeenews.india.com Compiled by Amresh Anjan |
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| Job autonomy, trust in leadership key to improving workplace |
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| Frontline employees will help in their organization's improvement if they see that there is a high degree of autonomy in their jobs and have trust in their leaders, a new research by two Indian business professors has suggested. The study conducted by Mr. Gopesh Anand and Mr. Dilip Chhajed, professors of business administration at University of Illinois found that a flexible environment plays a significant role in increasing an employee's commitment to continuous improvement initiatives. Mr. Anand said that continuous improvement initiatives are typically bundled with employee empowerment techniques. He asserted that it's always said that if employees are empowered, they will take care of the improvements, however, this does not work. Mr. Chhajed said that in employee empowerment is being forced upon employees by management. He said that this makes the employees feel that they are being forced into a job that they may not even see as being very useful. The research, co-written with Mr. Luis Delfin, a former graduate student, has advanced 3 arguments on how workers' commitment to continuous improvement in the workplace can be enhanced. |
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| Source : 17-06-13 Newstrackindia.com Compiled by Amresh Anjan |
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| UGC to stop funding management departments of universities |
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| The University Grants Commission (UGC) has said it will immediately stop funding the management departments of universities plan to start or upgrade their facilities. In a notice this month, posted on its website, the regulator has asked varsities to settle their grant accounts and dues incurred up to 31 May in this regard. The UGC had started a scheme of development assistance to management departments in 2007, when there were 1,150 of them in the country, official data show, a number that has swelled to 3,700 in 2012. The move might crimp the supply of management graduates in the job market but is expected to have little impact as India's growth has slowed to 5% in the year ended March from 9.3% in 2007-08. The tough economic environment has hit B-schools hard in the past few years. Many top institutions, including the premier Indian Institutes of Management, have struggled to find jobs for all graduates this year because many firms have shrunk hiring plans, Mint reported on 15 March. |
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| Source : 18-06-13 Livemint.com Compiled by Amresh Anjan |
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| More central funds for rural jobs, roads in Karnataka |
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| The central government has agreed to release more funds to Karnataka for implementing various schemes to improve the welfare of the people in rural areas across the state, Rural Development Minister Mr. Jairam Ramesh said on Friday. "I have agreed to release Rs 2,133 crore to Karnataka under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) during this fiscal (2013-14) and the first instalment of Rs 774 crore will be sanctioned soon," Mr. Ramesh told reporters after reviewing the implementation of the various centrally-sponsored rural schemes in the state here. With an opening balance of Rs 345 crore and the first instalment of Rs 774 crore, the state government will have Rs 1,115 crore at its disposal to speedily implement the NREGA scheme till December for providing jobs to rural people across the state. |
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| Source : 14-06-13 Zeenews.india.com Compiled by Amresh Anjan |
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| UTL Technologies Limited, IL&FS to roll out skill centres pan-India |
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| Bangalore-based UTL Technologies Limited, a part of UTL Group and IL&FS Skills will join hands in the roll out of the latter's planned skill centres for its ongoing technology training programmes. The idea is to include a greater number of engineering colleges, institutes and industries concentrated in the IT, telecom networking, IT infrastructure management. In doing so, the knowledge services company is targeting a pan-India presence in the industry-ready skill training programme for university pass-outs in the country. UTL Tech said the electronics systems design and manufacturing industry has the potential to create 27.8 million jobs in the country over the next six to eight years from the present 4.4 million. The company on Monday announced its technology training partnership for the national talent search exam being conducted in association with IL&FS Skills and National Skill Development Corporation to identify talent suitable for embedded, VLSI (very large-scale integration) and telecom. |
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| Source : 17-06-13 Business-standard.com Compiled by Amresh Anjan |
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| Casualty of Technology: India Says Goodbye to Telegram Service |
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| When the ever evolving world of technology gave birth to text messaging some 20 years ago, people from around the world rejoiced at how messages can now be immediately sent to target recipients. Unwittingly, however, it caused the death of some communications tool, such as India's telegram service. Although thousands of telegrams were still being sent each day, Bharat Sanchar Nigam Limited (BSNL), India's state-owned telecommunications company announced last week it has decided to discontinue and close the country's almost 200-year-old telegram service. Effective July 15, one of the world's largest and last telegram services will fold up, succumbing to revenue losses. About 1,000 employees stand to lose their jobs because of the closure."We were incurring losses of over $23 million a year," Mr. Shamim Akhtar, general manager of BSNL's telegraph services, said. |
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| Source : 17-06-13 Au.ibtimes.com Compiled by Amresh Anjan |
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| Nitaqat law: Indians overstaying visa in Saudi to face action, says Embassy |
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| The Indian Embassy in Riyadh has warned its citizens not to overstay their visa in Saudi Arabia and leave the country immediately once they have obtained Emergency Certificates to avoid penal action over Nitaqat law. "Anyone who overstays their visa in Saudi Arabia beyond the grace period will face penal action including jail sentence, penalty and deportation with a ban on re-entry," the Embassy said in a statement."The Embassy again urges all overstaying Indian nationals to avoid such a situation by availing the 'concessions' announced by the Saudi authorities during the grace period which ends on July 3, 2013," it added. According to the Embassy, all those who have obtained EC's from the embassy will have their original passports cancelled. They will not be able to travel out of India using their old passports, even if the date of expiry on their passports shows validity."Anyone wanting to change their jobs (Tanazul) in Saudi Arabia could obtain new passports after following the necessary procedures," said the statement. |
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| Source : 17-06-13 Indianexpress.com Compiled by Amresh Anjan |
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| Data analytics firm LatentView hires big from IIMs |
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| LatentView Analytics Corporation may not be a big name on the IIM (Indian Institute of Management) campuses, like Tata Consultancy Services or Cognizant Technology Solutions. But the specialist in the emerging area of big data analytics this year hired 30 IIM graduates on its first visit to the premier institutes for campus recruitment. Ms. Malaya Rout, a graduate from IIM Calcutta, on joining LatentView, said that it was exciting to be 'big' being part of a small company rather than being 'small' as part of a large company. Students feel it is challenging to work with specialists than get lost in the crowd in big companies, said Mr. Venkat Viswanathan, founder and CEO of the seven-year-old LatentView. Chennai based LatentView provides business analytics services to Fortune 500 companies focusing on data analysis and modelling. Big data software analytic tools examine large amounts of data from various sources to understand the hidden patterns and unknown correlations. In India its clients include Pepsi and Microsoft. |
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| Source : 16-06-13 Thehindubusinessline.com Compiled by Amresh Anjan |
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| London education especially valued by Indian employers: Survey |
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| Around 2 lakh Indians study overseas each year, and are increasingly returning to India to pursue their careers. Education at London universities appears to be especially valued by Indian employers, according to a new survey. At over 3,000 Indian employers, international experience was found to be a key attribute sought in prospective employees, making Indian graduates studying abroad attractive hires. Confirming the same, Ms. Kiran Mazumdar Shaw, CEO of biotech major Biocon said, "As a global business, we are looking to recruit the best talent from across the world. We appreciate the value an education in London can provide and are increasingly hiring people who have studied abroad."Around 81 per cent of the CEOs and HR Directors surveyed in the nine top Indian cities have opined that Indian graduates who have studied at a London university get a global perspective. The survey, which was commissioned by the London Universities International Partnership, noted the fast-track career prospects that open up for Indian graduates with a London education. Over three quarters of the surveyed companies confirmed that London graduates could expect to earn higher salaries and progress faster than their counterparts without an international education. |
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| Source : 18-06-13 Thehindubusinessline.com Compiled by Amresh Anjan |
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| With fewer IT jobs, prospects brighten in finance, micro SMEs |
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| Fresh engineering graduates who passed out this year will have a tough time finding jobs in the IT industry. Nasscom had raised a red flag on job prospects for freshers. It said the IT and ITeS industry will hire about 50,000 fewer people this year. As against 1.80 lakh people that it absorbed last year, the industry will hire only 1.30 lakh. About seven lakh engineering graduates will have to look at other options. Though there are other sectors such as manufacturing and infrastructure that also absorb freshers, it is the IT industry that has been the major recruiter. Several IT companies have either stopped going to engineering colleges or drastically reduced the number of people they hire from campuses. IT majors such as Mahindra Satyam are recruiting freshers based only on need and by word of mouth (through employee referrals and social media) to meet demand. |
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| Source : 12-06-13 Thehindubusinessline.com Compiled by Amresh Anjan |
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| CPI protest over railway jobs on June 18 |
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| With a majority of the jobs in the Guntakal railway division going to candidates from Bihar and UP, anger is rising among the unemployed youth of Rayalaseema. The Communist Party of India has decided to stage a protest at the Divisional Railway Manager's office at Guntakal on June 18. The CPI wants a probe into all the recruitments in the last decade and the filling of Group-D posts with zone-wise local candidates. The party will also press for recruitment through local employment exchanges instead of the Railway Recruitment Board (RRB). CPI district secretary Mr. D. Jagadish told this newspaper that the recruitment of Group-D posts through the RRB was mostly helping candidates from Bihar. Most of the Group-D posts in the South Central (Secunderabad) zone and Guntakal division were held by Biharis at present, he noted. "The railway ministry was headed mostly by ministers from Bihar since the last two-three decades," he said. He said that the most of the employees were not regular in their duties after getting recruitment in Guntakal division as they engage in private jobs in their own states too. |
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| Source : 15-06-13 Deccanchronicle.com Compiled by Amresh Anjan |
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| Engineers, MBAs join up as assistants in SBI |
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| At a time when the chips are down in the economy and the threat of downsizing looms in the private sector, candidates with professional qualifications are finding entry level jobs in public sector banks attractive. This is seen in the recruitment trend in State Bank of India and the scenario is not different in other public sector banks. Though the qualification for the Assistant's position, the lowest rung in mainline banking operations, is 12th class (with minimum 60 per cent aggregate marks) or a degree from a recognised university, SBI has managed to attract candidates with professional qualifications in computer engineering and business administration. Expansion of the branch network, coupled with the need to mitigate staff shortage, particularly at rural and semi-urban branches, saw SBI recruiting 20,682 new Assistants in FY2013. More than 30 lakh candidates appeared for the test for the Assistants' position. |
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| Source : 14-06-13 Thehindubusinessline.com Compiled by Amresh Anjan |
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| Good looks can fetch a Good Job |
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| Good looks can help you get hired. The demand for workers who look good is spreading now. 85% of store managers said that having the right appearance was important while they recruited new staff. 78% employers think it is more important than having previous experience.44% employers considered good looks over having the right qualifications. Research has found that demand for good looking workers is coming out of industries such as airlines and TV and is now becoming more mainstream. |
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| Source : 17-06-13 Hindustan Times Compiled by Amresh Anjan |
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