Friday, October 1, 2010

HR Articles: Oct-10 (Part-3)



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Whistle And Work – It Will Help You Do Your Job Better Interestingly, whistling while you work could help you do your job better, according to a new study. A leading psychologist said that whistling or singing helps distract the mind from trying too hard and prevents mental pressure. The suggestion is based on a study into the phenomenon of 'choking' - the moment when a footballer misses a critical penalty or a top student fails an important exam. Dr Sian Beilock of the University of Chicago argues far from being down to 'just nerves', choking occurs when the brain finds itself with too many pieces of information to process, resulting in 'paralysis by analysis'. The same situation holds true when presenting a vital sales pitch or doing an audition. Some of the most memorable moments of choking occur in sports when the whole world is watching, she added. Singing also helps stop parts of the brain that might interfere with performance from taking over, she said.

Source : 22-09-10   DNA   Compiled by Amresh Anjan

Indian Cos No 1 In Employee Engagement, Says A Study When it comes to employees confidence and effective leadership in the firms, Indian companies have been ranked the highest as compared to their global counterparts, says a latest study. The annual WorkTrends report by Kenexa, the research arm of leading global HR solutions provider, analyzed the importance of leadership and managerial effectiveness to employee engagement and organisational success. Engaged employees are the ones who are more dedicated towards their company and put in extra effort to help their firm achieve its goals. The study said when employees report that they follow effective leaders, the average employee engagement index score is 91 per cent, globally. The study covered over 29,000 employees across the world. It focused on the engagement and how healthy firms are comprised of well-trained, engaged workers who have the tools they need and are aligned toward common goals. The countries covered in the survey include India, US, UK, Australia, Brazil, Canada, China, Denmark, Finland, France, Germany, India, Italy, Japan, Mexico, The Netherlands, Russia, Spain, Sweden, Switzerland and some nations in the Gulf Co-op Council.

Source : 23-08-10   profit.ndtv.com   Compiled by Amresh Anjan

MBAs To Appear For Tests To Bag Their Dream Jobs Fresh MBAs may have to appear for entrance tests in order to get their dream jobs from February 2011, media reports said. The All-India Management Association (AIMA) is all set to come up with a computer-based screening test to assess B-school graduates. "Big recruiters like Deloitte, Dabur, MetLife India, Idea Cellular, Camlin Ltd, Alembic Ltd, HLL, Pfizer, Parle, PwC India, McAfee, Nokia, Lenovo, JM Financial, Reliance Industries, Suzlon and TATA Communications have agreed to use the score of the AIMA test during recruitment," the report said. The test, called as Management Aptitude and Skills Test (MAST), is expected to be of 150-minutes. It is scheduled to be held on February 20, 2011 across India, report added.

Source : 22-09-10   zeenews.com   Compiled by Amresh Anjan

Capgemini To Recruit 500 In India Global IT service provider, Capgemini said it will hire 500 people in India for its Business Information Management (BIM) service line. "We have 1,500 professionals in India and plan to hire 500 more for our business information management (BIM) service line by December 2010," Capgemini's Global Leader, Business Information Management, Mr Paul Nannetti, said.

Source : 22-09-10   rediff.business.com   Compiled by Amresh Anjan

HP And Mr Mark Hurd Settle Legal Dispute Over Hiring At Oracle Hewlett-Packard Co has settled a legal dispute over Oracle Corp.'s hiring of Mr Mark Hurd. The companies said in a joint statement that "Mr Hurd will adhere to his obligations to protect HP's confidential information while fulfilling his responsibilities at Oracle," but did not provide further details. However, it is still not clear how much of Hurd's original exit package, which was estimated at $34.6 million, would be affected by the settlement.

Source : 21-09-10   livemint.com   Compiled by Amresh Anjan

Infosys, TCS In US Hiring Push Stung by tougher immigration regulations for foreign software engineers on short-term contracts who are allegedly "stealing" American jobs, Indian IT outsourcing companies are making a push to recruit more staff in the US. The three largest Indian outsourcing companies, Tata Consultancy Services, Infosys and Wipro, are together hiring 2,300 staff, which would increase their combined US payroll by about 13 per cent. Infosys, which employs over 115,000 worldwide, is increasing its present 1,600-strong US payroll by 1,000. TCS, which derives more than half its revenues from North America, has about 16,000 working in the region, of its total 160,000 employees. It plans to increase its global workforce, of which presently only 7 per cent are foreign nationals, by 40,000 this year, adding 800 jobs in the US.

Source : 21-09-10   Financial Times   Compiled by Amresh Anjan

Air India In The Process Of Finalising Appointments To 3 Key Positions Sources have revealed that cash-strapped Air India will soon finalise appointments to three key managerial positions which would put an extra annual burden of about Rs 3.5 crore annually. The appointments are for the positions of the Chief Executive Officer of Air India Express, Chief Training Officer (CTO) and Chief Information Officer (CIO) for Air India. With a meeting of the Air India Board slated on September 28, the management is likely to seek approval on the appointments of Capt Pawan Arora as Air India Express CEO, Stefan Sukumar and Kamaljit Rattan as Chief Training Officer and Chief Information Officer respectively, according to sources.

Source : 21-09-10   Business Standard   Compiled by Amresh Anjan

HDFC Bank Allots 1.3 Mn Shares To Its Employees Private sector bank HDFC Bank said it has allotted 1.37 million shares to its employees after the latter exercised their options under employee stock option scheme (ESOS).

Source : 24-09-10   Business Standard   Compiled by Amresh Anjan

Jindal Drilling & Industries Sacks Its MD Jindal Drilling & Industries said that it has terminated the services of its managing director Mr Naresh Kumar with immediate effect. The company said its board has lost confidence in him without giving any exact reason. "The Board has also withdrawn forthwith, all powers and authorities granted to him or being exercised by him in such capacity," the company said.

Source : 24-09-10   Business Standard   Compiled by Amresh Anjan

Future Cap Hires New Directors Kishore Biyani-promoted Future Capital Holdings announced that its board of directors has approved the appointment of Mr Anil Singhvi, Mr NC Singhal and Mr Pradeep Mukherjee as the non-executive independent directors of the company with immediate effect. Recently, the company appointed former ICICI Prudential Life Insurance honcho Mr V Vaidyanathan as its vice chairman and managing director.

Source : 24-09-10   Business Standard   Compiled by Amresh Anjan

ArcelorMittal Appoints CEO Of Stainless Unit Global steel major, ArcelorMittal announced the appointment of Mr Bernard Fontana as chief executive of its stainless division, which is being assessed for a potential spin off. He was previously head of human resources for the group and is replacing Mr Jean-Yves Gilet, who has left the company to head France's Strategic Investment Fund, the company said in a statement. Mr Willie Smit, former vice president of employee relations and benchmarking, will replace Mr Fontana.

Source : 24-09-10   Business Standard   Compiled by Amresh Anjan

Maruti Reappoints Its MD And CEO Maruti Suzuki India (MSI), the country's largest carmaker, said that it has reappointed its Managing Director and CEO Mr Shinzo Nakanishi for three years with effect from December 19, 2010. The company has also reappointed its Director and Managing Executive Officer (Production) Mr Tseuno Ohashi for three years with effect from January 1, 2011.

Source : 24-09-10   Business Standard   Compiled by Amresh Anjan

Lufthansa Appoints Mr Franz As CEO Deutsche Lufthansa AG, Europe's second-largest carrier, named Mr Christoph Franz to succeed Mr Wolfgang Mayrhuber as chief executive officer. Mr Franz will take over on January 1, the airline said in a statement. Mr Carsten Spohr, who has run the cargo unit since 2007, will succeed Mr Franz as head of the Lufthansa brand passenger unit.

Source : 23-09-10   Business Standard   Compiled by Amresh Anjan

Ms Govil Is AkzoNobel Head AkzoNobel, the maker of Dulux Paints, has named Ms Sucheta Govil as new global head of marketing for the company's decorative paints business. She will officially take up the post at the beginning of the next calendar year and be based in Slough in UK.

Source : 24-09-10   The Financial Express   Compiled by Amresh Anjan

Mr Anand Sinha Likely To Succeed Ms Usha Thorat. Deputy Governor, RBI The race for the deputy governor's position at the Reserve Bank of India (RBI) that will fall vacant in November when Mr Usha Thorat retires has reached the last lap. Mr Anand Sinha, an executive director (ED) at the central bank, tops the list of candidates chosen by a search committee to be the successor of Ms Thorat.

Source : 18-09-10   livemint.com   Compiled by Amresh Anjan

Mr N K Bharali Joins Oil India's As Director (HR & BD) Mr Nripendra Kumar Bharali has been named as the new Director (Human Resources and Business Development) of Oil India Ltd. Mr Bharali, a post graduate from the Indian Institute of Management, (IIM), Ahmedabad, graduated as Petroleum Engineer from the Indian School of Mines (ISM), Dhanbad, and started his career with OIL as a senior executive in 1982.

Source : 18-09-10   Business Standard   Compiled by Amresh Anjan

Ashok Leyland Names Mr Nilsson As Int'l Operations ED Hinduja flagship firm Ashok Leyland said it has named ex-head of Scania and MAN in CIS countries, Mr Per Gustav Nilsson as its Executive Director for international operations. "Nilsson brings with him rich global experience and market knowledge, having handled international assignments with leading commercial vehicle manufacturers," as per the company. Born in Sweden, before joining Ashok Leyland, Mr Nilsson had been heading the group companies of Scania and MAN in the CIS (Commonwealth of Independent States) countries.

Source : 24-09-10   Business Standard   Compiled by Amresh Anjan

Federal Bank Appoints New MD & CEO Mr Shyam Srinivasan has been appointed as the Managing Director & CEO of Federal Bank with effect from September 23. He has taken charge of the bank after having worked with various banks such as Standard Chartered Bank and Citibank. Mr. Srinivasan is an alumnus of the Indian Institute of Management, Kolkata and Regional Engineering College, Tiruchirapally.

Source : 24-09-10   The Hindu   Compiled by Amresh Anjan

Cleatrip Names New Chief Marketing Officer Online travel company Cleartrip.com has named Mr Niraj Seth as chief marketing officer. He will report to Mr Stuart Crighton, chief executive officer of the company and will be based in Delhi. "The CMO role is critical to the continued development of Cleartrip. With our accelerated growth trajectory, consumer relationships continue to be our priority in all that we do. Having Seth's keen insight to support our world-class products will be a great combination," Mr Stuart Crighton has said.

Source : 23-09-10   alootechie.com   Compiled by Amresh Anjan

Volkswagen India Appoints Mr Upadhyay As ED HR & Admin Volkswagen India Private Limited has announced the appointment of Mr Piyush Upadhyay as the Executive Director, Human Resource and Administration, with immediate effect. Prior to this, Mr Upadhyay was with Tata BlueScope Steel as its Chief-Human Resources.

Source : 25-09-10   netindian.com   Compiled by Amresh Anjan