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Industry Updates:

  • IDFC, Bandhan bag Bank licences to set up Bank

    First Approval by RBI in 12 years


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  • Uday Kotak of Kotak Mahindra Bank from India named EY World Entrepreneur Of The Year 2014

    Uday Kotak is the 2nd Indian entrepreneur to win EY "World Entrepreneur of the Year 2014" award- after Infosys founder Mr. Narayana Murthy won it in 2003.


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  • Zomato acquires New Zealand's MenuMania

    Co seals the all-cash deal for an estimated . 5 crore


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  • Flipkart to hire 12,000 people

    Flipkart India Pvt. Ltd will hire 12,000 people this year to beef up its support and technology operations.


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  • Vishal Sikka- Infy's first non founder CEO

    Globally renowned technology whiz and former SAP chief technology officer Vishal Sikka, who will become Infosys' first non-founder CEO in its 33-year history.


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  • Flipkart, Myntra merge in RS 2k cr deal

    Biggest M&A In India's E-Commerce Story


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  • RIL buys Network18 group for up to Rs.4k cr

    The acquisition will bring in exclusive content for Reliance's 4G foray.


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  • TCS amongst top 10 IT service providers

    India's largest IT services provider, Tata Consultancy Services (TCS), has broken into the league of top 10 global IT services companies


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  • Rajeev Suri - New CEO of Nokia

    New CEO to focus on networks, navigation & patents for a Nokia without its handset biz


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  • Sun Pharma takes over Ranbaxy

    Sun to pay $3.2b for Ranbaxy


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  • Amul Dairy MD to head Lactalis India operations

    Mr.Rahul Kuamr Srivastava to head the Indian operations of the World's largest dairy group.


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  • MD Vinita Bali to leave Britannia by month end

    Varun Berry to be New MD


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  • Travel, tourism to help add 36 mn jobs: WTTC

    The Travel & Tourism sector contribution to India's economy is expected to grow in 2014 generating 36 million jobs.


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  • Infosys’ Kakal to join L&T Infotech as COO

    Infosys’ Kakal likely to join L&T Infotech as COO in April end.


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  • Facebook buys Whats App for $19 Billion

    Facebook’s Zuckerberg pays mind-boggling dollar for a firm started 5 years ago


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  • Ms. Teresa Kho is ADB's new Country Director for India

    The Asian Development Bank has a new Country Director for India in Ms. Teresa Kho


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  • Microsoft Set to Name Satya Nadella as CEO

    Gates may step aside, to be replaced by John Thompson as chairman


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  • TCS set to replace Genpact as top BPO

    The BPO unit of Tata Consultancy Services (TCS) is set to take the No. 1 slot in the business category in India


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  • TCS bags 1000 offshore jobs for British energy giant Npower

    TCS bags 1000 offshore jobs for British energy giant Npower as part of its restructuring.


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  • TCS to recruit 25000 candidates via online campus placements

    Tata Consultancy Services (TCS) which is one of the well known IT firms in India has changed the pattern in which they conduct campus recruitments.


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  • Uninor CEO Mr.Yogesh Malik quits

    Uninor, Norwegian telecom giant Telenor's India unit, said its chief executive officer Mr. Yogesh Malik has quit the company due to personal reasons


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  • SpiceJet appoints new COO

    SpiceJet appoints Mr. Sanjiv Kapoor new COO


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  • EXL Service to hire 5,500 professionals across India

    EXL Service to hire 5,500 professionals across India in 2014


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  • Campus Recruitment- Vodafone

    Vodafone to Step Up Campus Recruitment


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  • Tata Group to enter Airline Market

    Indian Skies Get a New Flying Machine: Tata-SIA


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  • Infosys to hire 8,000 employees in Pune over next 6 months

    Infosys to recruit 8,000 in city over next six months as part of its expansion plan.


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  • TCS reaches billion dollar milestone for quarterly operating profit

    Becomes 1st Indian software services co to reach billion-dollar milestone for quarterly operating profit; sales up 5.4%, net 12%


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  • Dabur India enters Health Education& Homecare

    Dabur India enters Health Education & Homecare space through two joint ventures.


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  • Janet Yellen- the first woman Fed Chief

    The woman who'll decide the Worlds Fortune


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  • First Woman Chief at SBI

    Arundhati Bhattacharya’s First Woman Chief at SBI


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  • TCS to be Title Sponsor of New York City Marathon

    Country’s largest software services firm Tata Consultancy Services to be Title Sponsor of New York City Marathon


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  • ING Likely to Exit Local Banking Business.

    Co looking to sell its 43% stake in ING Vysya Bank; Kotak seen in race; ING may exit retail and treasury operations to focus on corporate banking


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  • Sensex closes at one-week high, up by 324 points

    The BSE benchmark Sensex rose by a massive 323.83 points to close at nearly one-week high led by gains in energy sector bluechips ONGC and RIL stocks


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  • IT shares fall as Accenture cuts outlook

    Shares of Indian technology companies fell after outsourcing and consulting services provider Accenture Plc cut its full-year outlook


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  • Microsoft wants to disclose US government data queries

    Microsoft has joined Google in a legal push for permission to disclose more information about secret government requests for data.


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  • Tech Mahindra completes Satyam merger, becomes 5th biggest IT firm

    The Satyam brand has been consigned to history by acquirer Tech Mahindra which said its main focus now will be to take steps to mitigate the impact from impending changes to work visa rules in the Uni


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  • Essar Energy expects growing Indian demand to boost sales

    Essar Energy Plc said it expects another strong year, backed by continued improvement in refining margins and higher demand from its core Indian market, sending shares up as much as 4 per cent.


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  • Narayana Murthy's 3-year 'daunting' roadmap: Infosys recast leads to a surge in job applications

    The prospect of a 'new, improved' Infosys is seen leading to a surge in job applications at the software firm, even in tepid market conditions.


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  • Cola war: PepsiCo India president Manu Anand quits; no succession plan in place

    Manu Anand, region president for India and South Asia at beverage and snacks company PepsiCo, has quit,without a succession plan in place.


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  • Vodafone makes takeover offer to Kabel Deutschland

    Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for e7.7 billion ($10 billion)


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  • New pricing models: IT cos like Infosys, HCL Tech feeling the heat

    Indian software companies are searching for answers to the conundrum of how to price their services as the market shifts irrevocably from a time-tested model which has served them well for decades.


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  • Bharti Airtel cuts base plan package for 4G services

    The company, which recently reduced 2G data tariffs by 90 per cent, is trying to boost up data usage and increase adoption for its 4G service by dropping to 31% for improving revenues.


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  • Hiring intentions remain optimistic for the upcoming quarter: Manpower Employment Outlook Survey

    Indian employers remain optimistic about hiring in the April to June 2013 quarter, with the strongest prospects in the transportation & utilities sector, according to survey by Manpower Group.


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  • Monster Employment Index India for January 2013 rises 7% year-over-year

    The MEI India for Jan 13,a monthly gauge of online job posting activity,has risen 7% year-over-year. 18 of the 27 industry sectors monitored by the MEI registered expansion in online recruitment


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  • Economic Survey 2013: Overall employment rose by 6.94 lakh

    Overall employment in the last one year to June 2012 increased by nearly by 7 lakh led by the IT and BPO sector that accounted for almost half of the increase


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  • Capgemini To Add 28,000 To India Staff By 2015

    French IT Company Capgemini is planning to hire 28,000 people in India by 2015


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  • Companies Try to Make the First Day for New Hires More Fun

    Why is the first day on the job often the worst? New employees tend to be greeted with stacks of benefits paperwork, technology hassles and dull presentations about company culture.


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  • RBS starts shutting down branches, to retrench nearly 1000 staff

    British banking major RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in the country


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  • IT Industry To Add Up To 2 Lakh Jobs In 2013-14

    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


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  • Unpaid Internship? Some Colleges Pick Up the Tab

    The plight of the unpaid intern is improving. Not because businesses are paying more for summer helpers, but because colleges are stepping in to pay when companies can't, or won't, compensate student


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  • SIB wins 4 awards at Best Banker's 2013

    South Indian Bank wins 4 awards at Best Banker's Awards 2013


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  • Sanjeev Chadha to head Pepsi Co Asia, Middle East, Africa region

    PepsiCo has promoted company veteran Sanjeev Chadha as its chief executive officer for the Asia, Middle East and Africa (AMEA) region.


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  • Mr Sanjay Puria- new CFO at WNS

    WNS appoints Mr Sanjay Puria as new CFO


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  • Microsoft to buy Nokia's Mobile Biz

    MS to buy Nokia’s mobile business for $7bn


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  • Mr. Manoj Kohil back to head Airtel India Operations

    Mr. Manoj Kohli, managing director and CEO (international) of Bharti Airtel, will relocate to India to head Airter India Operations


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  • RBI Gets new Governor

    Raghuram Rajan to be new RBI Governor


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  • Wipro Bags $100-m Contract

    Wipro bags $100-m contract from US based Healthcare Firm


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  • Quick Heal to Become First Anti-virus Co to List in India

    Quick Heal Technologies is preparing for an initial public offering (IPO) in India, to aid its expansion into new markets and product lines.


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  • IT sector to hire 1.20 lakh this year

    The country's IT & ITeS industry would generate as many as 1.20 lakh jobs this year even as campus hiring is likely to remain subdued, experts say.


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  • JPMorgan to exit physical commodities biz

    JPMorgan Chase & Co is exiting physical commodities trading


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  • Best Indian Brands 2013

    Interbrand and The Economic Times introduce the first edition of Best Indian Brands


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  • Indian IT Cos Plan to Sponsor More Green Cards

    Indian IT Cos Plan to Sponsor More Green Cards to Tackle Visa Woes


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  • TCS shines in June quarter

    India's largest IT services exporter Tata Consultancy Services (TCS) topped market expectations, growing its net profits for the June quarter.


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  • Wipro unlikely to match TCS Infy show.

    Co’s June quarter revenues may remain flat as pricing pressure in US will weigh on margins ; wage hikes may nullify benefits of weak rupee


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  • Usha Sangwan to Become LIC’s First Woman MD

    Usha Sangwan will be the first woman managing director at the Life Insurance Corporation of India in its near six decades of existence.


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  • Automakers Unperturbed by India Slowdown

    Ford Motor Co. Renault S.A. and other global car makers are pumping billions of dollars into India in the hope that a revival in sales here will offset falling demand in Europe.


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News & Events:

  • Jobs to Grow 11.3% this Fiscal

    Positive market fuelled by government incentives and increased consumer spending will lead to a job growth of 11.3% this fiscal


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  • Small towns to see more hiring in telecom sector: Experts

    Telecom sector focusing on Tier II and Tier III cities.


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  • The 13th Annual Corporate Recruiter's survey by the US-based Graduate Management Admission Council

    Healthcare Sector expected to hire maximum number of graduates


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  • IT, Telecom lead the charge in Q4 growth

    Average operating profitability, at 17.1%, on a par with previous quarter and highest over the past 3 years


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  • E-commerce industry plans to hire 60 K employees this year

    Top firms line up massive hiring plans across functions


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  • IIM A Summer placement: 378 get offers from 110 companies

    IIM A Summer placement: 378 get offers out of batch size of 381 from 110 companies


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  • 13 Indians now head major global firms

    13 Indians now head major global firms,4 studied at St Stephen’s


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  • Rakesh Khurana- the new Harvard College Dean

    Indian-origin academician Rakesh Khurana, 46, is the new dean of Harvard College.


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  • Best Employers of India 2013

    Aon Hewitt The Best Employers of India (in alphabetical order)


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  • Who's Hiring in 2014???

    Fresh job opportunities expected in various sectors


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  • Social Skills and Digital Literacy are 'must-have' skills for new age employees

    Here is Why....


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  • 43,000 Jobs in next 4 years

    Ernst & Young, PwC, KPMG and Deloitte plan to boost manpower in the next four years


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  • India ranks 83rd globally in talent competitiveness

    India has been ranked 83rd globally in terms of talent competitiveness of its human capital


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  • 87% Indian B-school graduates employed this year.

    87% Indian B-school grads employed this year, says GMAC survey


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  • Career in Finance

    Employment opportunities for finance professionals are immense, says Sudhir Dhar- Associate & Head HR Motilal Oswal Financial Services.


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  • Campus Hiring Gets a New Spin

    Companies take candidates out to dinner or give them ambiguous case studies


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  • How do you get people interested in you when you only have 30 seconds?

    "How do you get people interested in you when you only have 30 seconds?" tells Paul McDonald, a senior executive director at staffing firm Robert Half


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  • Data analytics to drive job growth in IT sector

    About 44 lakh IT jobs will be created globally to support big data by 2015


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  • Fill your Weak Spots

    Identifying gap areas and rectifying them is an integral part of the career trajectory.


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  • Companies using social network sites to hire potential candidates

    Companies using social network sites like Facebook, Twitter, Linkedin to hire potential candidates.


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  • Salaried employees earning upto Rs.5 lakh to file I-T return, says CBDT

    Unlike the past two years, salaried persons earning up to Rs.5 lakh annually will have to file income tax returns


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  • B-Schools Breathe Easy at Stable PPOs

    Top recruiters look to maintain last year’s campus hiring levels even in current economy


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  • RBI allows use of external commercial borrowing fund for import of services

    The Reserve Bank of India(RBI) on Wednesday relaxed external commercial borrowing norms and allowed companies to use the overseas debt to pay for import of services, technical know-how and license fee


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  • Gold prices down 10% in 7 days, headed for worst week in 30 years

    Gold, Silver futures fall sharply, demand outstrips supply


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  • Walmart, Tesco, others seek changes in multi-brand FDI norms

    The debate for retailing over Foreign Direct Investment (FDI) issue keeps going on.


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  • Adobe to buy digital marketing software company for $600 million

    Adobe Systems Incorporated said it had agreed to acquire privately held Neolane, which operates a software platform for managing digital marketing campaigns over multiple platforms, for $600 million


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  • Bharti Airtel misses out on Myanmar telecom license

    Norwegian firm Telenor and Qatar Telecommunications on Thursday won telecom licenses in Myanmar, one of the last untapped mobile phone markets globally, pipping India's Bharti Airtel and nine others.


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  • Companies like Essar, Godrej, Bajaj Auto and others put safety first, scale up accident benefits across levels

    Companies are waking up to the dangers of modern-day work lives - where getting to work safely in the face of increasing instances of road accidents and even terror attacks - is a challenge.


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  • Govt finalises 20 names for top posts in PSU Banks

    The government has finalized a list of over 20 bankers for appointment to senior positions in state-run banks for the next financial year, 2013-14


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  • Humanities Fall From Favor

    Far Fewer Harvard Students Express Interest in Field With Weak Job Prospects


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  • Work from home practice to stay in India

    The trend of employees working from home is here to stay in India despite companies like Yahoo! banning the practice, experts have said


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  • Just Dial Shines Amid India IPO Drought

    Internet search firm Just Dial Ltd. staged a strong debut in India, bringing cheer to a market plagued by a listing drought.


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  • Tough Questions for Mukesh Ambani

    The annual general meeting of Reliance Industries Ltd., one of the largest companies in India, is a rare chance for individual investors to ask questions directly to billionaire chairman Mukesh Ambani


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  • India Slides Down Competitiveness Scale

    Weak foreign investment, a yawning trade deficit, stifling business regulations and an unstable currency, have contributed to India’s slide down the global competitiveness rankings published Thursday.


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  • IT Companies have more staff in India

    Leading IT companies have more staff in India than in home nations


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  • Hiring Trends

    Hiring up by 11%in Oct'13 over Oct'12


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  • Company's look for Niche Skills

    Do away with GD's


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  • What if Company is not Hiring???

    Correct etiquette to be followed while shooting out unsolicited resumes


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  • Companies Hire Experienced Talent

    Cut Entry-Level Hiring To Save On Training Costs


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  • Hiring Outlook weakens on faliing RE; Bad days ahead: Experts

    Hiring outlook has weakened in most of the Asia Pacific region


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  • Make your Online Presence

    It is important for a professional to maintain a strong online presence & make sure that he/ she is noticed by employers


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  • BPOs Opt for Direct Campus Hiring

    Outsourcing cos cast their net wide; recruit medical, commerce and law graduates


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  • Vodafone Offers Free Twitter Access

    Vodafone Offers Free Twitter Access to Push Data Usage


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  • Banks looking at voice biometrics for security

    Banks are eyeing voice biometrics as they don’t require any infrastructure, unlike iris recognition or fingerprint authentication


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  • Bank exams: eligibility criteria relaxed

    The government has relaxed eligibility criteria for the common written examination for probationary officers and management trainees at state-run banks


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  • Young Indians struggle to find jobs: RandstadWorkmonitor survey

    Both young and mature workers in India are struggling to find a suitable job, says the latest RandstadWorkmonitor survey.


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  • Japanese Cos Change Tack, Bet on Local Talent for India Play

    Panasonic, Hitachi and Toyota among firms delegating complete autonomy to local managers to drive growth in India


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  • Changing role of EA

    EAs now have a 360 degree view of Business.


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  • IIM-Ahmedabad- New Entry Rules to Encourage Freshers

    Work experience no longer a criterion; top 50 to directly qualify for an interview


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  • Swedish retail major IKEA Group enters India

    Swedish retail major IKEA Group to set up single-brand retail stores in 4 states across country.


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  • Getting Hired Yourself in Slow Job Market

    Organizations are using this time to hire selectively and correct skill gaps in their talent portfolio


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  • LinkedIn Opens Gates to Teenagers

    LinkedIn would open it gates to teenagers for first time.


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  • Flexible Working Emerges Top Driver for Talent

    According to a Survey, Employees list flexible work along with additional fixed pay & higher incentives as preferred benefits.


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