CAREER


IANS 04 October 2022
Top IT (information technology) and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by nearly three-four months.   According to reports, hundreds of freshers were given offer letters but, first, the...

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IANS 04 October 2022
The Central Bureau of Investigation (CBI) is currently questioning a Russian man, who is said to be the prime accused in a case related to allegations of irregularities committed in the JEE (Mains) Exams 2021.   The accused Mikhail Shargin was detained by the Bureau of Immigration at...

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IANS 03 October 2022
Amid the current global economic slowdown, crypto exchange WazirX has reportedly laid off 40 per cent of its total workforce.   A total of 50 to 70 employees of the 150 workers at the exchange were asked to go, CoinDesk reported, citing sources.   The laid-off employees were...

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I reached Indian Institute of Technology (IIT) Kharagpur (KGP) as a fresher with a great deal of trepidation. No, I was not worried about missing the comforts of home. The monster that scared me was – ragging.   I had heard many horror stories about the brutality of ragging at other...

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Moneylife Digital Team 29 September 2022
Here is some bad news for those who want to visit the US on a non-immigrant visa. In India, the waiting time for an appointment for a visitor visa is a minimum of 582 days at Hyderabad to 848 days at the US consulate in Mumbai. In comparison, the waiting period for US visitor visas in Beijing...

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Some time ago, I was watching an old management film called The Professional. Van Johnson, the well-known Hollywood actor of yesteryears who featured in many westerns, plays the lead role in this movie. In one of the scenes, Johnson is told that, to be a real professional, he should have the...

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IANS 22 September 2022
Leading IT company Wipro has terminated 300 employees found to be moonlighting with its key rivals at the same time, its Chairman Rishad Premji said on Wednesday.   Speaking at the All India Management Association (AIMA) National Management Convention, Premji termed moonlighting is a...

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Once in a while, a subordinate will put you in a spot where you won’t know whether to laugh or cry. You can only mutter to yourself, “What the .…!”   Here are some occasions when this happened to me.   Being the telex officer, a very junior position, I was in charge of the...

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IANS 13 September 2022
Indian IT major, Infosys has come cracking down on moonlighting (dual employment) and warned employees that, if found out, it could lead to termination of services, sources said on Tuesday.   However, since the job market is still hot in Bengaluru, despite fears of US recession and...

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IANS 13 September 2022
Amid tough global market conditions, tech giant HCL Technologies has reportedly laid off 350 employees globally, including in India, Guatemala and the Philippines, who were working on a Microsoft news project, media reports said.   According to reports, the workers, who were employed...

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When I was in school, I remember my mother often asking my father, in the morning when he was immersed in the newspaper, ‘What is the front page news today?’ And he would patiently spend time telling her about what was happening in the world and in the country. This was all covered in the...

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IANS 06 September 2022
Chinese conglomerate ByteDance has laid off hundreds of employees from its video gaming division, the media reported on Tuesday, as the government cracks down on the Internet and gaming industry with strict regulations.   The South China Morning Post reported that ByteDance, owner of...

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While working in the Middle East, my bank received a request from none other than His Highness (HH) the Crown Prince. The request was for a US$300 million loan for a new project launched by HH.   On account of the personality involved, I was specially deputed to discuss the matter...

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It was a very wet day when I went for my first job interview. I went all the way from the distant suburb of Chembur to Worli in Mumbai. Because of the heavy rains, I arrived dripping from head to foot. When I was ushered in to meet the personnel director, my hands trembled, with the cold and...

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The managing director (MD) saw my report, terminated John Miles and put me in charge of the task force. “Go and clean the mess, stop the bleeding,” he told me.   To assist me in the clean-up, I asked for Sundar to join my team. He was the senior-most operations man in the bank,...

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Jayat Joshi (The Leaflet) 17 August 2022
Of the crores of Indians vying for government jobs, hardly half a per cent are able to qualify for them. Despite the uneven odds, why do Indians still chase them? The usual reasons for running after government jobs (such as job security) are in reality the result of a deep-seated class...

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Over the many decades of practice in the business of personnel recruitment—and the experience gained from it—I have always advised young (and not so young) people that they should be careful when changing jobs. The new company may give you more money and a grander designation. But does that...

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After T (the terminator) left, a new general manager (GM) arrived – David Moore. He was the total antithesis of T—short, thin, thick blond hair, no glasses and a mousy countenance. Rumour had it that the managing director (MD) had selected him because he had hated having a domineering GM who...

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If there is one problem that is common to the whole world, it is that the number of listeners is dwindling. Most of us rush to comment, voice an opinion and criticise. Few have the patience to wait and listen. And this applies particularly to newcomers in corporate organisations.    A...

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I am sure you have heard of Mr AK. He is famous, or should I say, infamous. He left a huge packet of bad debts with banks in India and absconded to the UK, where he continues to live in his normal billionaire style, while fending off extradition attempts by the government of...

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