CAREER


More about the Indian standard time (IST) schedules that we kept… The psychology department at the university wanted people for conducting experiments on sleep. Great job – go in at 8am, sleep for six-seven hours, and leave—US$50 per day (an enormous sum those days when the minimum wage was...

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Naresh quit his assistant vice-president (AVP) position in Citibank to head up retail in a new bank being set up in Dubai.   On his first morning at work, he was greeted by the vice-chairman (VC), who was in charge of the bank project.   “Congratulations and welcome, Naresh. ...

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No, I am not claiming to be an expert in American psychology. I am just sharing my own perception of the way Americans think.   After my previous article, a reader commended me on my “jugaad” method of getting A-s with minimum “majoori”. In a way, it implied that I (together with...

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The news keeps coming in. Two large slabs fell from the tenth floor of a building under construction in Mumbai, and killed two people who were having a chat on the street below. A road caved in and was the cause of vehicular accidents in which some people died. And the list goes on. And one...

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The first master in business administration (MBA) lecture I attended was a revelation.   People were lolling around in their seats, some in shorts and T-shirts, girls in halters, and a lot of coffee cups... so different from Indian Institute of Technology Kharagpur (IIT...

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I was on a panel to interview candidates for a senior position in a large corporate house. There were two others – Mr Prabhu from finance and Mr Suresh from administration—both directors of the company. We had just begun with the fourth candidate out of the seven candidates who had been...

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The US will begin processing student visa applications for the Fall Session with the first batch of appointments available from mid-May.   "Attention students! In mid-May, the US Mission to India will open the first batch of appointments for the upcoming student visa season," the US...

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In May 2021, Phil Kotler celebrated his 90th birthday. In February 2023, he was awarded the lifetime achievement award at the Rise World Summit, organised in India (this must have been the umpteenth achievement award he would have received, over the past few decades). My path crossed Kotler’s...

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With the increasing number of start-ups—which change their complexion very fast—and with increasing job changes and career changes with mergers and acquisitions, the whole concept of steady, long-term mentorship is also undergoing change.    In the past, we would often hear the...

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Oh yes, I have to tell you the story of Nitin, ‘poor fellow’, who did what the boss said but still paid a price.   But, before that sad tale, let me tell you a light-hearted story about my experience with bribery.   You may recall that, sometime back, I had told you a story...

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Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees' provident fund for 2022-23.   The decision was taken by EPFO's board of trustees.   Last year, EPFO had declared 8.1 per cent as the rate of interest for...

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Many years ago, I had admired Ramu, who had rapidly moved from the position of salesman to marketing director with a large transnational in Mumbai. He had achieved the pinnacle at just 34. It was a time when the chief executive officer (CEO) was always an expatriate and, therefore, the...

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Yes, there are always two choices when the boss asks you to do something illegal, unethical, or plain wrong.   You can plead, “Naukri ka sawaal hai,” and agree, or you can refuse, and pay the price for it.     When you choose, you will never know exactly how high the price...

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Moneylife Digital Team 17 March 2023
  Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs5 lakh on Bansal Impex for engaging in illiquid stock options on BSE. SEBI found 2.91 lakh trades comprising a substantial 81.40% of all the trades executed by Bansal Impex in the stock options...

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The Canadian Border Security Agency (CBSA) has issued deportation notices to over 700 Indian students whose admission offer letters to educational institutions were found to be fake.   Talking to indianarrative.com on phone from Toronto, Chaman Singh Batth said that after passing +2,...

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When I was reading a newspaper in January 2023, I was amazed to see the variety and kind of careers that young people today work at, and their juniors can aspire to do likewise. And I think back to the times 60 years ago, when I was young and the choices were—science, commerce and arts. And...

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“What could he do, poor fellow,” said my friend, “he had no choice. Naukri ka sawaal tha, na?”   He was talking about a friend of his (whom I didn’t know) who had retired from a senior position in a public sector bank (PSB).  The story was about how this 'poor fellow' had but to...

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IANS 27 February 2023
Professional networking major LinkedIn has been hit by several state-of-the-art recruitment scams after massive tech layoffs, and fraudsters are cheating those sacked by offering them jobs that do not exist.   According to the Financial Times, phony recruitments are being run by...

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The third step (probably the most important) is to understand yourself and the kind of manager you are - in order to train yourself to manage politics. Once you have a clearer understanding of yourself, your aspirations and your managerial style, you can deal with problems with others and...

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IANS 21 February 2023
At a time when the job market is hit by rising layoffs, Wipro has written to fresh recruits who have been offered Rs6.5 lakh per annum (pa), asking if they would be able to work for Rs3.5 lakh pa.   The move has come from Wipro following delays in onboarding 2022 batch of...

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