CAREER


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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Moneylife Digital Team 16 March 2023
It is not common to see Indian companies charting a course of growth through acquisitions. For one, Indian businessmen are unwilling to sell out easily. Also, it is not easy to get acquisition candidates. The assets more easily available are sick companies (which are often not worth taking...

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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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Continuing with raids after catching BJP MLA's son red-handed while accepting Rs 40 lakh bribe, the Lokayukta authorities have recovered Rs 7.62 crore in his and his aides' residences, sources confirmed on Friday, adding that raids are going on at MLA's places.   Lokayukta sleuths...

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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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IANS 17 February 2023
The National Informatics Centre (NIC), which provides critical e-governance support and state of the art solutions to the Central government as well as states, has been grappling with acute human resource shortage, as since 2014, almost 1,400 posts are lying vacant there.   According...

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A. In a pharma company where I worked at the start of my career, I found that the general manager (GM) for packaging and design, never got started on any request from the sales department unless the request came to him directly from the GM—sales (there was no marketing those days – it was...

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IANS 10 February 2023
Chinese short video-making app TikTok has sacked its entire India staff—about 40 employees—and February 28 will be their last working day.   The ByteDance-owned platform, banned in India in June 2020 over national security concerns, told its employees they would receive up to nine...

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IANS 09 February 2023
In a written reply to the Lok Sabha on Thursday, the Ministry of Civil Aviation said that more than 500 posts of Air Traffic Controllers (ATCOs) are currently vacant in the country.   The Ministry said in its reply: "As on January 31, 2023, the sanctioned strength of Air Traffic...

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There are five factors that, alone or together, provide the right ambience for politics to flourish in the corporate world. These are:   A Weak Leader   A leader consciously or unconsciously casts a shadow across the whole organisation. A strong leader, strong on intellect and...

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IANS 23 January 2023
As Big Tech layoffs dominate headlines, more details have emerged on which verticals and senior executives earning up to $1 million annually bore the maximum brunt at Google, Microsoft, and Amazon.   At Google, laid-off employees included those who had previously received high...

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IANS 23 January 2023
Amid the layoffs come another bad news for employees, especially from India in the US, as Google has paused its Program Electronic Review Management (PERM), a key step in acquiring an employer-sponsored green card.   Google has sent an email to foreign employees, notifying them that...

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