CAREER


T had a running battle with the other general manager (GM), a national from the United Arab Emirates (UAE), who managed a subsidiary bank.   The two GMs would bicker all the time, and I was in the middle because as head of credit for both banks I was reporting to both.   Every...

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Chief executives (CEOs) occupying the corner office for life (or the rest of their working life) can be an advantage - but more often, a disadvantage. One has to go back to the adage “Power corrupts, absolute power corrupts absolutely.”    The advantage is that such a CEO virtually...

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Students who qualify for Chartered Accountant (CA) and Company Secretary (CS) will now be considered equivalent to those who have completed their post-graduation degrees.   As a result, those who have completed CA and CS can appear for the University Grants Commission's (UGC) NET...

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Moneylife Digital Team 15 March 2021
The percentage of education loans that has become non-performing assets (NPAs) has declined over the past three years. However, surprisingly, nursing and engineering are the top two streams where percentage-wise NPAs are the highest, shows information provided in the Lok Sabha.    In...

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When it comes to the IT and tech industry, only 19 per cent of women working in the sector said they were inspired by a female role model to take up the profession, a new report revealed on Sunday, stressing that the lack of female representation is still a key barrier to achieving a diverse...

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In case your mental picture of T is that of an inhuman, evil ogre, here is a glimpse into his humane side.   T’s hairy tales    T had a great sense of humour.   As I have said earlier, he was almost completely bald (more about the “almost” later).   When T was...

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Some time back, I had written about a chief executive officer (CEO) who was insecure, worked for 12 hours a day in the office, had no hobbies, was married to his assignment foot, arm and shoulder, and expected undiluted loyalty (adulation) from his subordinates.    I worked on his...

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IANS 23 February 2021
As the pandemic has severely impacted the employment scenario and several sectors still remain fragile, loss of income or employment remains the biggest personal concern of urban Indians, according to a survey.   The WEF-Ipsos survey showed that at least two out of three three Indians...

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T’s campaign against the HR head found an excellent avenue.   The HR head had embarked on a “job evaluation” exercise.   As anyone with any sense knows, if you do such an exercise the following will happen:   - 80% of the staff will remain in their current job grades,...

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Moneylife Digital Team 08 February 2021
ICICI Prudential Asset Management Company announced the appointment of Anand Shah as Head of PMS (portfolio management service) & AIF (alternative investment fund) Investments.    Speaking at the occasion, Nimesh Shah, MD & CEO, ICICI Prudential AMC said “We  at  ICICI  Prudential ...

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‘T’ was in constant strife with the various functional heads, such as HR, finance, audit, etc, who reported to his Boss, the managing director, along with T.    In particular, T had a running battle with the HR head.   In my early days with T, I was summoned to his office...

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COVID-19 has changed people’s lives – how they spend their time, how they manage housework, how they socialise, and how they work. Work from home (WFH) has become the norm, at least for now. How does it work, for both employee and employer?   First, some data – all from reliable...

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Preface   You cannot choose your parents or your children, they say.   Well, you can run away from oppressive parents, or opt to remain childless.   But, you cannot avoid bosses. Wherever you go to earn a living, there will be a boss. You have to live with your bosses....

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In the 1970s and 1980s, the non-resident Indians (NRIs) held an exalted position in the minds of average Indians. They returned home from time to time with attractive gifts, the latest gadgets, seemingly unlimited spending money, and stories of the wonderful lives they lived in those far-off...

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Teaching is my hobby. I have been teaching at various venues for many years now. So, when a local business school invited me to teach banking in its master of business administration (MBA) programme, I happily accepted.   My very first teaching session was a revelation.    I...

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IANS 30 January 2019
When it comes to hiring, soft skills, work flexibility, anti-harassment policies and pay transparency have emerged as the four trends that will gain momentum in India this year, Microsoft-owned professional networking platform LinkedIn said on Wednesday.   The research revealed that...

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Prabhat Kumar (IANS) 27 July 2018
A proposal from the prime minister's office to allocate cadre of civil servants after taking into account their performances in the Foundation Course has raised several eyebrows.   Experts believe that the ill-conceived decision-in-the-making will have an adverse impact on the overall...

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Chandraprabha Venkatagiri 24 July 2018
The bags are not completely unpacked and I am yet to recover from jetlag. Venkat, my better-half, shows a couple of messages on WhatsApp that I am yet to check. Then, as if on cue, he shows me a news article that says that admissions to MBA this year are expected to plunge to an all-time low....

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Clinton Fernandes 22 May 2018
Do employees take advantage of all tax-saving benefits available to them? Research by Zeta-Nielsen on 1,233 employees from manufacturing and service sector showed that one in four employees did not understand tax-saving possibilities through benefits that form part of their salary...

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Chandraprabha Venkatagiri 25 January 2018
Giri (my better half) always chides me for attempting to show things in poor light. But I cannot help it, can I? Even as I plan my annual trip to the US in February, I thought I must share certain happenings that will definitely be in the interest of the larger public. I know that Moneylife...

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