| | SBI plans to hire 10,000 this fiscal |
| | State Bank of India plans to hire 10,000 officers and employees in the current fiscal to spruce up its operations."We will be hiring 10,000 people this year, including 1,500 probationary officers, the process for which started in April. Around 7,500 will be retiring this fiscal," SBI chairman Mr. Pratip Chaudhuri said. "We have upgraded our branches, all have become air-conditioned. We have adequately staffed our branches. In the last quarter, we recruited 20,000 assistant grade employees at front office," he said. The bank plans to open about 1,200 branches in the country and another eight branch offices overseas, including China and the UK, in the current fiscal. Public sector banks hired around 63,000 persons in the last financial year. The country's largest bank SBI alone recruited 20,000 clerical staff and 1,200 officer level employees. Besides, other public sector banks hired 22,000 officers and 20,000 clerical staff in the last fiscal. There were 84,489 vacancies at various levels in the state-owned banks at the end of 2010-11. Most of the state-owned banks have undertaken recruitment drives in recent years. The public sector banks had a sanctioned strength of about 8 lakh employees as on March 31, 2012. |
| | Source : 24-06-13 Indianexpress.com Compiled by Amresh Anjan |
| | Indian Airline firms may hire 5,000 this year |
| | Air carriers have embarked on an aggressive hiring strategy with plans to add over 5,000 jobs this year, industry officials have said. Improvement in passenger traffic trends and the proposed entry of Malaysian budget carrier AirAsia are said to be the main triggers for the stepped-up hiring activities among private carriers, they added. Having put in place its top leadership team, AirAsia India is conducting interviews and road shows in different parts of the country to get ground staff and cabin crew on board ahead of its proposed launch later this year. Meanwhile, existing players such as Jet Airways and IndiGo have stepped up their own hiring activities and have published job advertisements for cabin crew members through walk-in interviews to be held next week. Budget carriers SpiceJet and IndiGo are conducting regular recruitment drives on a weekly basis in some major cities. At present, an estimated 60,000 are employed with various domestic air carriers. "Last year was bad for aviation, and saw net addition of around 1,700 people, but 2013 will be a boom year and we will see more than 3,500 people added. Over the next three years, hiring growth will be 100-150%," said Mr. Rajesh Kumar, CEO, MyHiringClub.com. Air passenger traffic rose by nearly 5% in May this year, after a decline in the previous month, the Directorate General of Civil Aviation said last week, while observing that the demand has shown an increasing trend. Domestic airlines together carried 57 lakh passengers in May 2013 against 54 lakh a year-ago. IndiGo commands the largest market share, followed by Jet, SpiceJet, Air India and GoAir. |
| | Source : 23-06-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Not a good time to find jobs in India: Gallup |
| | A day after official data showed unemployment had increased 10% in a gap of two years till June 2012 in India, a survey by US-based Gallup revealed respondents were more pessimist about finding jobs in India in 2012, compared to the previous year. Only 30% of the respondents felt India was a good place to work in 2012, while 36% had agreed to it a year ago. On the other hand, half the respondents thought last year was not a good time to find jobs in India. Data released by the National Sample Survey Office had revealed the number of unemployed people had increased to 10.8 million on January 1, 2012, compared with 9.8 million on January 1, 2010. Among the 10 largest economies — which also includes India — Brazil was the strongest performer with 56% of its citizens giving a thumbs up on job prospects. India's economy grew 4.8% in January-March, just a percentage point higher than the October-December period. Even then, the growth was quite a lot faster compared to 0.55% witnessed by Brazil during January-March, compared to 2.6% in the October-December period. According to Gallup's findings, the situation around the world more or less remained gloomy in 2012. The survey showed that 57% of the adults worldwide felt it was a bad time to find a job in their local communities, same as was revealed in the 2011 poll. |
| | Source : 22-06-13 Business-standard.com Compiled by Amresh Anjan |
| | IBM to create 700 jobs in France |
| | Technology giant IBM has said that a new IT service centre in the northern French town of Lille would create 700 new jobs in the next five years. IBM France said on its website that the new centre is expected to allow for the immediate recruitment of about 200 workers with backgrounds in computer science, engineering, mathematics and science, Xinhua reported. The new centre aims at offering services for digital business development by providing local clients with high value application development, application maintenance and systems integration services "to address the increasing demand for flexible software capability to harness the benefits of emerging big data, cloud and mobile business technologies," it said. The value of the new investment was not revealed. IBM employs 9,700 people in France. |
| | Source : 25-06-13 Newstrackindia.com Compiled by Amresh Anjan |
| | UBS to close India branch, cut at least 50 jobs |
| | Swiss bank UBS AG will surrender its Indian banking licence as part of a global strategy to move away from capital intensive businesses, two people familiar with the matter said."The bank has already started the process which will see closure of its only branch in Mumbai and also forex and credit business in the country. The process will take two years to complete and will result in 50 people losing their job," a bank official said. He spoke on the condition of anonymity. UBS' branch was started in early 2009 and the bank employs about 350 people in the country. The bank will however continue its investment banking and securities business in the country, the person quoted above said |
| | Source : 22-06-13 Livemint.com Compiled by Amresh Anjan |
| | 5,000 Indian expats in Saudi Arabia get new jobs |
| | Around 5,000 expatriate Indians in Saudi Arabia, affected by a new labour policy in the Gulf nation, have found new jobs, the Indian consul general in Jeddah said. Consul General Faiz Ahmed Kidwai said the consulate's various pro-active measures have helped these Indians rectify their residency status and get new jobs, Arab News reported on Wednesday. Indian expatriates were badly hit by the new Nitaqat or Saudisation policy that makes it mandatory for all Saudi companies to reserve 10 per cent of jobs for Saudi nationals. The Saudi government had announced a grace period for expatriate workers to either rectify their residency status to get new sponsors and jobs or leave the country. The grace period will expire on July 3. Mr Kidwai said the consulate helped eligible Indians find employment by allowing potential employers interview suitable candidates within the consulate premises. The job profiles ranged from labourers and blue collar workers to engineers. |
| | Source : 19-06-13 Ndtv.com Compiled by Amresh Anjan |
| | Auto industry slump raises fears of job cuts |
| | With automobile sales continuing to reel under a prolonged slump, fresh hiring of employees has been frozen in India's automobile sector while fears of layoffs are gathering momentum. According to industry bodies Society of Indian Automobile Manufacturers (SIAM) and Automotive Component Manufacturers Association of India (ACMA), with demand continuing to be low and factories not operating at full scale, this may lead to temporary excess overheads."What is coming out is that laying off may not have started but recruitments in many companies have been restricted," SIAM deputy director general Mr. Sugato Sen said. Expressing similar sentiments, Rico Auto Industries chairman, chief executive officer and managing director Mr. Arvind Kapur said: "At the moment there are no fresh investments taking place in the (component) industry and hence there is no new hiring." When asked if there would be layoffs, he said: "It is a difficult situation as you invest a lot in training people and they cannot be done way with just like that."So, as of now there are no cutting of jobs, however, if the situation carries on for six months or so, then definitely there will be." |
| | Source : 24-06-13 Profit.ndtv.com Compiled by Amresh Anjan |
| | No salary revision for Presidency University teachers in West Bengal |
| | The state government has said Presidency University wouldn't be able to pay more salary to retain teachers. This comes after seven teachers quit the institution because of poor pay. The state government is, however, giving the university Rs. 4.10 crore to improve its infrastructure besides asking vice-chancellor Ms. Malabika Sarkar to request the mentor group to conduct a few classes. "Although seven teachers have quit Presidency, it does not mean that we have reasons to panic. This is a natural phenomenon in all the state universities. People change jobs to better their careers," education minister Mr. Bratya Basu said. Teachers, who left the university, said their salary was much less than their former employment in central universities or foreign universities. West Bengal State Council for Higher Education chairman Mr. Sugata Marjit said it wouldn't be possible to give better pay packages to Presidency teachers. "Presidency is a state-aided university. We can't violate the law and offer teachers more salary. It's legally not possible. Moreover, we have never asked Presidency to recruit faculty from foreign varsities." He added, "The government is already offering extra grants to Presidency teachers for research. The university is also being given several chair professors." |
| | Source : 25-06-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Mushrooming banks set to fuel jobs boom |
| | An imminent expansion in the banking sector could bring cheer to the otherwise sluggish job market. With the RBI set to issue new licences to a host of private companies, around 50,000 jobs are likely to be created over the next two years in the sector, said analysts and headhunters. With the new banks deciding to focus on the retail business and not remain confined to corporate banking, their recruitment drives have begun to gather steam. A range of jobs are expected to be up for grabs in banking covering segments such as retail banking, corporate sales, business development and wealth advisory. "There will be large-scale recruitment for all those companies that get banking licence," a senior executive of a company planning to apply for a licence said. "But at this point, we cannot come up with estimates." State-owned banks have created 60,000 new openings in the last one year. "The banking sector is ripe with opportunities and there are lots of expectations from new licences," said Ms. Sangeeta Lala, senior vice-president at TeamLease, a staffing firm that supplies temporary workers to booming sectors. With many strategies being still in the pipeline and the focus likely on rural penetration, the banking industry may see aggressive migration of talent between private and public sector banks. "Companies prefer candidates with an average experience of 3-8 years for roles in retail banking and business development. To avoid talent crunch, we expect migration of talent within the banking industry," said Mr. Aditya Narayan Mishra, head, Randstad India, another staffing firm. |
| | Source : 20-06-13 Hindustantimes.com Compiled by Amresh Anjan |
| | Hitachi Solutions sets up Indian arm |
| | Hitachi Solutions America Ltd., a core member of the information and telecommunication system company of the Japan-based Hitachi Group, on Friday, announced that India would become a global delivery hub for its industry solutions. As part of this strategy, Hitachi Solutions America has now set up an Indian subsidiary, Hitachi Solutions India Pvt. Ltd., which will support the global implementation of Hitachi's Microsoft Dyanmics-based solutions. "We will establish two global development centres here, one at Chennai and one in Hyderabad, which make us a viable offshore and cost- effective hub," said Mr. Ananth Subramanian, Chief Executive Officer, Hitachi Solutions Pvt. Ltd., while addressing reporters here on Friday. "In addition to this, we will have another centre at Pune. We will globally implement the solutions that are required by our U.S and Europe counterparts. Another objective of ours is to become a sales base that can sell into South Asia," he added, while declining to divulge the investment that went into this strategy. While Hitachi Solutions India has set a rough hiring target of 100-150 employees by the end of this year, it plans to hire 500 people over the next three-to-five years. The Hyderabad facility will be the first to go on stream, in October, followed by the Chennai and Pune centres in November and December. |
| | Source : 21-06-13 Thehindu.com Compiled by Amresh Anjan |
| | India Inc doles out 6-13% salary hike |
| | India Inc is increasing employee salaries by a modest 6-13 per cent this year. In sectors such as IT and telecom, which are facing a bad year, the wage hike is being pegged at around 7-8 per cent, while companies in recession-free sectors, such as the pharmaceutical industry, are offering increases of 12-13 per cent. In addition to employee performance, a number of other factors, including company performance, industry norms, cost of living, inflation and demand for certain skills are taken into account while determining the pay hike. Mr. Sanjay Pillai, Vice-President, Human Resource, Hyundai, said: "As a norm, we conduct regular studies within the company taking into account myriad parameters. The final increment is arrived at after careful evaluation of all these parameters. For example, the auto industry faces a shortage of paint technicians and maintenance engineers. Compensation for these categories could, therefore, be higher." For real-estate players, this could be one of the worst years in terms of a wage hike. Real-estate watchers note that the slow movement in the sector has impacted wages. Also, industry is moving from a conventional system of wage hikes to a more performance-based approach. Mr. Ashok Kumar Gupta, HR head, Raheja Developers, notes that, "wage hikes are low as few infrastructure projects are going on-stream. Companies are moving towards performance-based pay, as in other sectors." The hotel industry this year offered pay hikes of 8-10 per cent. Mr. Vinay Ravi, Director (HR), Hyatt Regency, says though there was considerable growth in tourism revenue, which reflected in hotel toplines, inflation in food and energy bills took away a chunk of the margins. |
| | Source : 23-06-13 Thehindubusinessline.com Compiled by Amresh Anjan |
| | Malaysian air carrier AirAsia announces to recruit Flight Attendants in Goa |
| | A great news for jobseekers who want to make their career as Flight Attendants as Malaysian budget carrier AirAsia Friday announced its plans for recruitment of Flight Attendants for it India operation. According to the company, walk-in interviews will be conducted in three cities, starting from Goa, the home state of the founder and group chief executive of AirAsia, Mr. Tony Fernandes from June 23. The names of the other two cities have not yet been disclosed. In April, the company conducted interviews for cabin crew posts in Chennai, and subsequently for pilots and co-pilots in Bangalore. The hiring by the airline is good news as nearly 8,000 employees of Kingfisher Airlines are jobless after the airline was grounded. AirAsia had recently appointed Mr. Subramanian Ramadorai, chairman of the National Skills development Corporation (NSDC), as its non-executive chairman for India operations. Before Mr. Ramadorai, the company had appointed Singapore-based management consultant Mr. Mittu Chandilya as its chief executive officer (CEO). The appointments to top management positions fulfil a key condition for getting permission for starting operations from the home and civil aviation ministries. |
| | Source : 21-06-13 Newstrackindia.com Compiled by Amresh Anjan |
| | Andhra Pradesh to issue notification on recruiting 20,000 teachers |
| | In a major recruitment exercise, Andhra Pradesh government would issue notification for recruitment of 20,000 teachers by the end of this month, Chief Minister N. Kiran Kumar Reddy said. Speaking at an event organised in East Godavari district today as part of the 'Education Fortnight', he said the state government has filled up 30,000 vacancies in recent times. The government has filled about 1.23 lakh vacancies in government departments and another 60,000 would be recruited this year, he said, adding the recruitment was done in a transparent manner. He said notification to recruit 20,000 teachers would be issued by the end of the month. He said the 'education fortnight' was being organised for the last three years during which several measures were taken. He also said that the government has involved several departments to ensure that all children in the state go to school. |
| | Source : 23-06-13 Asianage.com Compiled by Amresh Anjan |
| | Karnataka to add 19,000 more people to police force |
| | Karnataka will go in for massive recruitment from this year to fill around 19,000 vacancies in its police force in the next three years, Chief Minister Mr. Siddaramaiah said Thursday."This year around 8,000 people will be recruited and the remaining in the next two years," he said addressing police personnel here after presenting the chief minister's medals to over 120 personnel for meritorious service. Mr. Siddaramaiah said the government was also thinking of providing in each of the state's 30 districts, a canteen service facility, now provided to defence forces, where groceries and household appliance would be sold at a price less than the market rates. The state has 30 districts. The government has already sanctioned opening of a canteen stores for police personnel in Bangalore. It is expected to start operating soon. The chief minister also promised to build more flats in the next two to three years to provide government accommodation for at least 80 percent of the police force as against 40 percent at present. He urged police personnel to be courteous to people approaching them for help or to file complaints and to work sincerely to maintain law and order and curb illegal activities. Home Minister Mr. K.J. George and senior home ministry and police officers were present at the function. |
| | Source : 20-06-13 Newstrackindia.com Compiled by Amresh Anjan |
| | Panel to check hiring at Odisha Tata Steel plant |
| | A committee of the Odisha state legislative assembly would soon inspect Tata Steel's Kalinga Nagar plant to probe allegations that the company has not provided employment to the stipulated number of local people, an official said Tuesday. Assembly deputy speaker Mr. Sananda Marandi, who is also the chairman of the rehabilitation and resettlement (R&R) committee of the legislative assembly, said his panel is planning to visit the plant either this month-end or early next month. The plant, with a production capacity of six million tonnes per annum, is being built in Jajpur district, about 120 km from state capital Bhubaneswar. The government had directed industries operating in the state to provide 70 percent of jobs to the local people."We have an impression that that has not been followed by some companies," Mr. Marandi told IANS."We have received complaints that Tata Steel has not given adequate employment to local people," he said. Mr. Marandi said the committee had sought information from the concerned district collector, who had expressed "his displeasure". According to the information provided to the committee, at Kalinga Nagar plant, Tata Steel has offered jobs to only ten local people. Besides, about 200-250 local people are engaged in the construction work of the plant, Mr .Marandi said. A senior Tata Steel official who did not wish to be identified told IANS that the information submitted by the district authority was outdated. The Kalinga Nagar project has generated as many as 39,496 jobs, of which 550 are held by regular employees of the company, he said. |
| | Source : 25-06-13 Newstrackindia.com Compiled by Amresh Anjan |
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