CAREER


The Central government employees will get fatter paychecks starting from August salaries, according to a gazette notification issued by central government on the Seventh Finance Commission report here on Tuesday.   The central government has decided to implement the seventh pay panel...

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The latest Monster Employment Index (MEI) showed the online recruitment activities saw a 17% growth over last year, a top company official said on Monday.   "The overall growth rate, even though lower than the past months, has continued to chart a double digit growth with certain...

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Indian IT bellwether Tata Consultancy Services Ltd (TCS) on Saturday announced that its non-executive director Phiroz Vandrevala had resigned from the company for personal reasons on Friday.   "Phiroz Vandrevala has relinquished the office of non-executive director of the company, due...

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Moneylife Digital Team 29 June 2016
The union cabinet cleared the Seventh Central Pay Commission (7CPC) recommendations, which would boost consumption to the economy by Rs45,110 crore or about 0.30% of gross domestic product (GDP) and increase savings by Rs30,710 crore (0.20% of GDP), says India Ratings and Research...

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New Delhi : The cabinet on Wednesday approved the Seventh Pay Commission Report's recommendations for central government employees, official sources said.   The recommendations will impact the some 47 lakh central government employees and 52 lakh pensioners.   Disclaimer:...

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Moneylife Digital Team 28 June 2016
The Union Cabinet is likely to discuss and take a final call on the recommendation to implement the seventh Central Pay Commission. This follows a report submission by the Committee of Secretaries, which has recommended a little less than 20% average hike as against an earlier media report of...

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Moneylife Digital Team 21 June 2016
Nikesh Arora, one of the highest paid executives in the world, has resigned from Japan-based Softbank Group Corp (SBG). He will continue to remain as an advisor to Softbank. According to Softbank, Arora's resignation from the position of Representative Director and Director of SBG will become...

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Beleaguered tycoon Vijaya Mallya resigned as chairman of Bayer CropScience Ltd, the Indian subsidiary of the German pharma major Bayer AG, the company said on Tuesday. "We regretfully accept the voluntary resignation of Vijay Mallya as our director and chairman with effect from June 30,...

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Japan's Toyota Motor is planning to introduce a telecommute system, which will allow around 25,000 employees to do most of their work from home, to improve work-life balance, the company announced Thursday.   The world's leading automaker is at present negotiating the plan with trade...

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The union cabinet under the chairmanship of Prime Minister Narendra Modi gave ex post facto approval to a proposal to enable central public sector enterprises to hire talented and experienced persons from states and private sector.   The decision essentially confers ex post factor...

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As President Pranab Mukherjee signed an ordinance on the NEET exams on Tuesday, Health Minister J.P. Nadda said this will provide it statutory status.   The ordinance exempts certain state boards from the ambit of National Eligibility-cum-Entrance Test (NEET) for a year.   The...

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The government on Friday cleared an ordinance to defer the implementation of NEET, the common entrance test for under-graduate medical courses in India.   The ordinance, which puts on hold a Supreme Court May 9 ruling ordering the implementation of National Eligibility cum Entrance...

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Moneylife Digital Team 09 May 2016
Mrugank Paranjape is the new Managing Director and Chief Executive Officer (MD & CEO) of Multi Commodity Exchange of India (MCX). Paranjape’s appointment has been approved by Securities and Exchange Board of India (SEBI), for a period of three years, according to a release from...

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Dushyant Mahant 18 June 2014
Law is on the side of students who want to leave an institute or course mid-way and are seeking refund of fees. This also means, education institutes should not be charging upfront fees for the entire course and refuse refund, in case the student wants it Consider a typical scenario: A...

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Moneylife Digital Team 23 September 2013
According to Monster.com report, recruitment activity in many sectors witnessed a decline during August compared with July as companies continued to exercise a cautious approach amid economic uncertainties Hiring activities across many sectors, including financial services and real...

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Prof Anil Agashe 25 July 2013
Corporate training is appallingly bad in India. Most training programs are taken for granted rather than as an opportunity to impart valuable skills to promising managers. I am aghast with the poor general awareness in many corporate training or education programs. I am equally scared of...

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Girish Borkar 12 July 2013
Unless the ICAI changes its role and becomes more of a quality educator, it would be better to look at other career options and not practice as a CA I am a relatively small practicing CA, and I get almost 600 mails a month for articleship and for jobs for freshly qualified CAs. Why this...

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Moneylife Digital Team 31 May 2013
The liability of an worker engaged by a contractor rests with the main employer who had awarded the work or contract, ruled the high court The Bombay High Court, in a significant ruling, has laid down a substantial point of law saying that the liability towards an employee engaged by a...

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Irshad Ahmed Khan 11 October 2012
The human resource manager will take 30 seconds to evaluate your resumé. Irshad Ahmed Khan shows how you can stand out in that brief time During my experience as a professional resumé writer, one common complaint from my candidates is, “We do not get interview calls in spite of an...

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Can India keep running away from Bharat? “Things are really getting bad, aren’t they?” asked a retired captain of a ship, talking about how the economic downturn is forcing companies to cut costs. Two of his neighbours, both working in blue-chip listed companies, he says, were asked to...

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