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DhAnAnJay ParKhe

Author, Speaker, Educator, Poet, Business Advisor to Social Entrepreneurs, Global Goodwill Ambassador and Humanitarian. DhAnAnJay ParKhe .Chooses Mentees to help them learn Strategies and Execution of the Art, Craft and Science of Doing Better, Still Better to be Able to Beat in business. Mentoring isn't Sweetener, it is Brutally Honest, Bitter Truth Pill and KickAss is . Many Crack. Few WIN!

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JayParkhe

JayParkhe

Dhananjay is a Startpreneurs', SME's Coach and a C-Suite coach. He is an Entrepreneurship keynote speaker and Author. He advises C-level executives, Startups, SMEs, non-profits in Healthcare, and academic organizations. Dhananjay has spoken at several seminars, events, and conferences, given Keynote Speeches and Chaired Panel Discussion at Global Conferences; and has written on Linkedin.com, JetAirways GlobalLinkers.com, in addition to his blog www.parkhe.com Twitter handle @dhananjayparkhe Twitter handle @dhananjayparkhe

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Month: July 2011

Votes that pushed us into the red – The Washington Post

Posted on July 30, 2011 by jayparkhe

In the debate over the nation’s rising debt, rhetoric trumps reality. In January 2001, the U.S. budget was balanced for the first time in decades and the Congressional Budget Office was forecasting surpluses totaling $5.6 trillion by 2011. A decade later, the national debt is larger, as a percentage of the economy, than at any time in U.S. history except for the period shortly after World War II.

So what happened?

The impact of three policies
on the federal debt

Shown as a percent of GDP

Debt without tax cuts, stimulus and wars

In classic Washington style, neither party wants to take responsibility. “Washington has a spending problem, not a revenue problem,” House Speaker John Boehner (R-Ohio) said in April.

“Republicans made the contradictory promises that cutting taxes would lead to higher revenues and would force lower spending,” House Minority Leader Steny Hoyer shot back in a speech later the same month. “They did neither.”

The reality falls somewhere in between. In fact, 75 percent of the members currently serving in Congress voted for at least one — and in most cases more than one — of three policies that contributed to fully one-third of the $12.7 trillion swing from projected surpluses to real debt: President George W. Bush’s 2001 and 2003 tax cuts, funding for the wars in Afghanistan and Iraq and President Obama’s 2009 stimulus bill.

A new take on the overlapping priorities that led us to record deficits, and who voted for them.

  • House
  • Senate

Roll over for names of the 310 members who voted for these measures that remain in the House

Voted only for wars
(Voted for at least two supplemental appropriations bills to fund the wars in Afghanistan and Iraq during Bush’s last two years in office or Obama’s first two years.)

Voted only
for stimulus
(Voted for the American Recovery and Reinvestment Act of 2009, also known as the stimulus bill.)

Voted for wars
and stimulus

Voted only for
tax cuts
(Voted for at least one of the two tax-cut measures enacted in 2001 and 2003, known as the Bush tax cuts.)

Voted for wars
and tax cuts

Voted for
stimulus
and tax cuts

None

Voted for
all three
policies

Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars

Bachmann“Our troops in combat deserve to be sent the resources and the
reinforcements
that they
deserve to succeed
in their mission in
Iraq without strings and
without delay.”
– Michelle Bachmann
(R-Minn.), April 25, 2007
(Was not in office
during tax-cut votes)

Ryan“What we are simply saying is that rather than take your money and find new ways to spend it for you here in Washington, we want to give it back to the American people.”
– Paul Ryan (R-Wis.),
May 16, 2001

Ron Paul (R-Tex.)                                          

Paul “My commitment to voters is simple: I follow the Constitution and I fight to make government smaller. This committment compels me to vote for all tax cuts and against all spending increases.”
March 30, 2001

Rick Larsen (D-Wash.)

Larsen “This legislation is not a cure-all, and our country faces difficult times ahead. But the need for aggressive action is clear to shorten the recession and lessen its impact on the American economy.”
Jan. 28, 2009

Roll over for names of the 86 current senators who voted for these measures

Voted only for wars
(Voted for at least two supplemental appropriations bills to fund the wars in Afghanistan and Iraq during Bush’s last two years in office or in Obama’s first two years.)

Voted only
for stimulus
(Voted for the American Recovery and Reinvestment Act of 2009, also known as the stimulus bill.)

None

Voted for wars
and stimulus

Voted only for
tax cuts
(Voted for at least one of the two tax-cut measures enacted in 2001 and 2003, known as the Bush tax cuts.)

Voted for wars
and tax cuts

Voted for
stimulus
and tax cuts

None

None

Voted for
all three
policies

Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars Voted only for wars

Sanders
“This jolt to the economy will help us recover from the worst economic crisis since the Great Depression.”
– Bernard Sanders
(I-Vt.), Feb. 13, 2009

McConnell “This bill is about righting wrongs in the tax code that are so flagrant as to transcend partisan rancor…I am proud to say that I believe that this surplus belongs to the American people.”
– Mitch McConnell
(R-Ky.), May 26, 2001

–>

Jim DeMint (R-S.C.)                                        

DeMint “Democrats will attempt to end the Bush tax cuts. Doing so violates the rights of individuals to keep their hard-earned money, and it hurts free enterprise.”
March 1, 1007

Dianne Feinstein (D-Calif.)

Dianne Feinstein “It seemed an appropriate time to return some of that surplus to taxpayers, just as a business would do when that business was doing well.”
May 14, 2003

House

Senate

CORRECTION: An earlier version of this graphic incorrectly attributed a quote to

via washingtonpost.com

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.
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Come August and you can start your Company in 24 hours; MCA proposal to spur entrepreneurship – Economic Times

Posted on July 29, 2011 by jayparkhe

It took Kishore Biyani almost three months to incorporate Pantaloon Retail; Tulsi Tanti needed a month to float Suzlon Energy; Ramesh Chauhan says it took him ages, and he had to agonise over 50-100 pages of documentation; Kiran Mazumdar Shaw recollects she did it in a “record time” of three months in 1978, an era in which six months was the norm. But come August, entrepreneurs dreaming about walking in their footsteps can float a company in exactly 24 hours, doing everything that’s needed online. At least, that’s the promise the Ministry of Corporate Affairs (MCA) is holding out to start-up aspirants across the country.

In a circular issued last Saturday, the ministry outlined several measures including online verification and clearance of the name of the company being incorporated, online submissions of statutory forms, and issuing digital certificates of incorporation. “The simplified process of online incorporation of companies is likely to be implemented with effect from 11th August, 2011,” the circular signed by Assistant Director Monika Gupta said.

“This will spur entrepreneurship and kick start the economy. The amount of time consumed in setting up companies is huge deterrence for the entrepreneurial growth,” says Kiran Mazumdar-Shaw, Chairman & Managing Director, Biocon.

It takes an average of 29 days to start a new company in India now, according to the India edition of Doing Business 2011, a report co-produced by the World Bank and the International Finance Corporation. Often, the wait is longer.

Serial entrepreneur Mukund Mohan, who floated four businesses in Silicon Valley before moving to India to start three businesses here, says the latter took him 2-3 months each. In contrast, “it took me between 5 hours to 2 days to start my businesses in the Valley,” he says. Adds Vinod Ambavat, partner, Jain Ambavat and Associates, an auditing firm: “It takes over a month to complete this process.” Twelve different procedures need to be completed before a company is incorporated, making India one of the least efficient countries in the world. The World Bank report, which covered a universe of 183 countries from Afghanistan to Zimbabwe, ranked India 165 when it comes to ease of starting a business

via articles.economictimes.indiatimes.com

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.

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I still remember my Pune days … Some photos from an email.

Posted on July 28, 2011 by jayparkhe

25750_112721385414938_111552515531825_162833_2659570_n.jpg
25750_112721365414940_111552515531825_162829_8175435_n.jpg
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38003_145405512146525_111552515531825_289445_4885940_n.jpg
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157060_172909476062795_111552515531825_434546_3955896_n.jpg
163482_180757025278040_111552515531825_486195_4952754_n.jpg
230830_208466602507082_111552515531825_666288_7543916_n.jpg
33593_157736907580052_111552515531825_351272_702399_n.jpg
* 
* 
* 
* 
Aani ha ghya Puneri Hisaka……..???

* 
* 
* 
* 
* 
72247_164724793547930_111552515531825_385968_590927_n.jpg

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.

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Courtesy Jen Rhee

Posted on July 28, 2011 by jayparkhe

Medical Paperwork
Created by: Medical Transcription

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.

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Machu Picchu Pictures — National Geographic

Posted on July 26, 2011 by jayparkhe
Photo: Double rainbow and llama at Machu Picchu

Llama

Photograph by Gayathri Vuppuluri, My Shot

Llamas, like the one shown here, are a common sight at Machu Picchu. Used as pack animals for centuries by Andean dwellers, the camel relatives were also sources of leather, wool, and meat for the Inca.

via travel.nationalgeographic.com

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.

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Of course RIM is downsizing. The BlackBerry is over. – ComPost – The Washington Post

Posted on July 26, 2011 by jayparkhe

Of course RIM is downsizing. The BlackBerry is over.

By Alexandra Petri


Sorry, Torch. Next time try naming your phone for a technology not from the Stone Age! (Andrew Harrer)
BlackBerry missed the memo.

Can’t play Angry Birds on it? Kiss that smartphone goodbye.

Besides, BlackBerrys are hardly smartphones. They’re phones that were told they were smart until they got to college and discovered they were incapable of doing basic math. They’re small fish that once dominated the pond, until it was invaded by larger, more competent fish with better features. (In this metaphor, iPhones are Asian carp.)

The BlackBerry’s parent company, RIM (Research in Motion) just shed 11 percent of its workforce.

And I can believe it.

A scant two years ago, I was overjoyed to have a BlackBerry. My friends and I would BBM late into the night. “Ooh, a free message,” we’d say. “This is like texting but better. How great this keyboard is! I feel so futuristic!”

Then iPhone guy arrived. We regarded him as something of an upstart. Sure, he had these mystical things called apps, but so did we! We could get Google Maps to load very slowly and direct us to travel miles out of our way to Ballston because the satellite was malfunctioning. We once downloaded the Yelp app, but it kept causing our BlackBerry to make strange noises and turn purple and actually sweat in frustration, so we decided to stop. And we had a keyboard, preventing us from sending embarrassing texts about midget mechanics. Surely these iPhone things were a passing fad, although they were fun for playing games and booking plane tickets. Try doing that on a BlackBerry!

“Al Gore had a BlackBerry before this iPhone was a twinkle in your eye,” we said, suddenly realizing how uncool we sounded.

Once BlackBerrys were the go-to accessory of the Washington insider. There was a customary chorus of faint clicking on the Metro as we typed Important Messages. “I’ll BBM you,” we said, getting ill-advised tattoos that read “Rollerballs For Lyfe.”

But iPhone guy infiltrated first one office, then the other. It was just so much more efficient, even if we kept mistyping things. And you could play Angry Birds!

It didn’t help that BlackBerry didn’t keep up with the times. “Apps? Who needs apps?” RIM asked. “This phone caters to people who want small screens, limited functionality and a keyboard! There will never be any technology more gripping than a keyboard!” Then Android came along and we were — up a creek.

Having a BlackBerry is something like having a pager. Once it showed that you were a first-adopter. Now it indicates that you’re something of a stegosaurus. We’re trapped on the wrong part of the S-curve.

I don’t have Internet in my home, and trying to use a BlackBerry to find the Internet has made me almost painfully aware of the device’s limitations. It takes a fairly terrible device for you to complain that “I can’t really enjoy YouTube videos, given the limitations of the screen.” YouTube videos are designed to be watched on maybe a three-inch diameter screen with limited contrast, given that they are about as subtle and nuanced as a Mel Gibson diatribe.

Frankly, the BlackBerry is not designed for web-surfing or app-using. Sure, you can download apps, but they have all the delightful functionality of getting your hand caught in an icemaker. And it has the delightful bonus characteristic of falling instantly to pieces whenever you drop it but reassembling fairly quickly, having forgotten all your contacts. Some would call it a piece of — but let’s not get carried away.

It’s gotten so bad that I’ve started pretending that I have an iPhone for social reasons. “It’s one of the new red iPhones,” I say. “It has a keyboard.”

With news of the layoffs, here’s yet another once ubiquitous technology that’s going the way of the dodo. Even the dodo once was hip and cutting edge.

“This dodo is a fabulous, fearless Mauritian bird!” we once said. “All the insiders have them!”

“Can it fly?”

“No.” We swallowed nervously. “But I think Al Gore has one.”

So long, BlackBerry.

By Alexandra Petri  |  05

via washingtonpost.com

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.

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Justice Shivaraj V Patil appointed new Karnataka Lokayukta – The Economic Times

Posted on July 26, 2011 by jayparkhe

FormerSupreme Court judge, Justice Shivaraj V Patil, was on Tuesday appointed the new Lokayukta of Karnataka to succeed Santosh Hegde.

GovernorH R Bhardwaj has cleared the name of Patil, who had earlier served as Chief Justice of Rajasthan High Court as well as Acting Chairman of the National Human Rights Commission, Raj Bhavan sources said.

71-year-old Patil, who hails from Karnataka, replaces Hegde, a former Supreme Court judge who completes his term on August two.

Patil also served as the one-man committee that went into the processes and procedures followed by the Department of Telecommunications in the allocation of licences and spectrum between 2001 and 2009.

via economictimes.indiatimes.com

ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
To be the best, you have to Beat the Best.
Better is Still Better.

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HR HEADLINES

Posted on July 26, 2011 by jayparkhe

Google, Makemytrip Among Top Five Workplaces In India
 
Google India, Makemytrip, Marriott, Intel and American Express were adjudged as the ‘Best Companies to Work’ in India this year in a study conducted by Great Place to Work Institute.As per the study, Google India, Intel Technology, Makemytrip, American Express India, Marriott Hotels are top five among the top 50 companies in India, Great Place To Work Institute India’s CEO, Prasenjit Bhattacharya said here. Great Place to Work Institute is a pioneer in studying and recognizing the best workplaces around the world. For over 25 years and in 45 countries, the Institute has been conducting studies to identify and understand the best workplaces. Mr. Bhattacharya said that the overall expectation of employees remain the same as in 2010. Companies are putting in place new initiatives to retain talent like Makemytrip.com offering 70 per cent Esops to its workforce and American Express has special pregnancy care programme for female employees etc. The top 50 best workplaces are concentrated in Mumbai, NCR and Bangalore, but also have representation from Chennai, Pune, Vizag, Ahmedabad and Ludhiana.
 
Source : 17-07-11   Financial Express   Compiled by www.naukri.com
Executives In Their 40s Setting Up Own Businesses
 
A large number of top executives in their forties are quitting corporate jobs to establish their own businesses. The longing to be their own bosses and follow their interests is prompting executives to set up their own ventures. Suman Srivastava quit as CEO of advertising agency Euro RSCG to create a marketing innovation firm Marketing Unplugged. Hindustan Unilever’s HR Head Harish Devarajan quit to set up People Unlimited, a leadership development consultancy. According to Mr. Devarajan, the move allows him to devote a large amount of time to leadership development which was not possible at his previous company. Richa Arora quit as Britannia’s head of marketing a couple of years ago to set up her own business. Although several people said that it was rather silly to do so, starting a new business needs some risk-taking, she says.
 
Source : 16-07-11   Hindu Business Line   Compiled by www.naukri.com
Cantabil Retail Appoints New CFO
 
Delhi based apparel retailer Cantabil Retail India said that it has appointed Abani Kant Jha as Chief Financial Officer. Mr. Jha will take over from Sunil Chopra, who resigned from the post with effect from March 10, 2011 citing personal reasons, the company said in a filing to the BSE.
 
Source : 16-07-11   Hindustan Times   Compiled by www.naukri.com
Firms Avoid High Cost Professionals: Globalhunt India
 
Firms appear to be avoiding appointing high cost professionals with more experience, according to GlobalHunt India. Nowadays, at the top level, often a professional with 15 years of experience is performing the same task as a professional who has worked only eight years in the industry. Consequently,companies are opting for the executives with lesser experience as they are less expensive, according to Sunil Goel, director, GlobalHunt India. Global Hunt India is a recruitment solutions company. According to Mr. Goel, firms are recruiting employees for top posts by evaluating the ‘relevancy of their experience’. Around 5-10% of executives in senior management are high cost professionals, he adds. Sectors such as infrastructure, power and energy as well as IT are seeing substantial recruitment across levels. However, demand for new manpower appears to have become sluggish in telecom, insurance, broking and real estate.
 
Source : 19-07-11   Business Standard   Compiled by www.naukri.com
HUL Doubles CEO Pay To Rs 7.91 Cr In 2010-11
 
Hindustan Unilever (HUL), the country’s larg¬est consumer staples company, has more than doubled the pay of its managing director and chief executive Nitin Paranjpe in financial year 2010-11 as the company achieved its target of double digit volume growth and started to stabilise its market share across categories.HUL has increased Mr. Paranjpe’s an¬nual compensation fr¬om Rs 3.18 crore to Rs 7.91 crore in fiscal year 2010-2011. Mr. Paranjpe’s package for the year gone by included annual performance bonus of Rs 2.18 crore, perqui-sites of Rs 3.82 crore, contribution to provide¬nt fund of Rs 21,61,000 and base salary of Rs 1.68 crore
 
Source : 18-07-11   Financial Chronicle   Compiled by www.naukri.com
Igate-Patni To Recruit 7,400 In 2011-12
 
iGate-Patni, the combined entity after the merger of iGate and Patni Computer Systems, will recruit 7,400 employees in the financial year 2011-12, and indicated that it will be aggressive in hiring from next year.“We are going to hand out 5,400 offer letters made by both sides this financial year. Besides, we are going to make another 2,000 offers by the year-end. We have been busy with the integration process this year. We will be far more aggressive (in recruitment) from next year. We have introduced a new recruitment system and compensation package,” said Mr. Srinivas Kandula, Global Head (Human Resources) of iGate-Patni. The combined entity has a workforce of over 26,000 employees, with 16,400 from Patni and the rest from iGate.
 
Source : 18-07-11   Hindu Business Line   Compiled by www.naukri.com
TCS May Increase Local Hiring
 
Indian IT giant TCS is looking at increasing local recruitment for onsite projects to counter rising denials of visas to its employees by the U.S. According to TCS CEO and Managing Director N Chandrasekaran, the firm will also plan visas and project implementation well in advance. A large number of employees are sent abroad, particularly to the U.S. and Europe, by Indian outsourcing firms to work at client sites. The $60 billion Indian IT industry earns over 60% of its revenues from the U.S. However, visa rejections are not U.S.-specific, adds Chandrasekaran. In 2010, fees for H-1B and L-1 visas were hiked by at least $2,000 for US-based firms with over 50% employees on such visas up till 2015. This is expected to mainly impact Indian IT companies such as TCS, Infosys and Wipro, raising costs for them by $200 million yearly.
 
Source : 18-07-11   Financial Express   Compiled by www.naukri.com
Rajagopal Srivatsa Joins Yes Bank As Group President
 
Private sector lender Yes Bank has appointed Rajagopal Srivatsa as Group President — Liability Management and Transaction Banking.In his new role, Mr Srivatsa will be responsible for further developing liability offerings and executing segmented products and sales driven solutions, strengthening the product portfolio by pursuing and cross-selling trade finance, cash management services (CMS) and capital market solutions integrated with seamless product/sales management
 
Source : 18-07-11   Hindu Business Line   Compiled by www.naukri.com
Private Cloud Will Create 1 Lakh Jobs By 2015: Study
 
According to a study by EMC and Zinnov Management Consulting the private cloud market in India is expected to generate around one lakh jobs over the next four years. The cloud market in India is likely to touch $4.5 billion by 2015.The survey projects a rapid growth in the skilling and re-skilling market in India. The study indicates that IT/ITES, telecom, BFSI, manufacturing and government sectors will form a major chunk of the Indian cloud market. According to Pari Natarajan, CEO of Zinnov Management Consulting, cloud computing will restructure the Indian IT market by creating new opportunities for IT vendors. The findings are based on a review of around 100 CIOs and IT decision makers in India across industries.
 
Source : 19-07-11   Financial Chronicle   Compiled by www.naukri.com
IT, ITES And Healthcare Sectors Witness 23% Attrition Rate In Q1
 
The information technology (IT) and healthcare sectors are witnessing the highest attrition rates among talented employees, making retention of critical manpower resources a key challenge.According to a study conducted by MyHiringClub.com, the IT and ITeS sectors saw the highest attrition rate of 23 per cent in the first quarter of 2010-11.The banking and financial services sector witnessed an attrition rate of 18 per cent, followed by healthcare (12 per cent), FMCG (11 per cent) and automobiles and manufacturing (11 per cent).“Attrition is a major problem with India Inc and it suddenly got increased in the first quarter of the current fiscal year. The major reason behind (this) was that firms had started paying more to newly hired employees.“Beside pay packages, career level growth and relationships with supervisors are the other reasons for higher job attrition,” MyHiringClub.com Founder and CEO, Mr Rajesh Kumar, said.The main reason for switching a job is pay packages (21 per cent), followed by career level growth (16 per cent), dissatisfaction with supervisors (15 per cent) and work pressure (14 per cent).
 
Source : 19-07-11   Hindu Business Line   Compiled by www.naukri.com
CSC Appoints New Biz Head For India Operations
 
Narendra Nayak has been selected by Computer Science Corporation (CSC) to head a new business division that focuses on domestic Indian clients. In his new role, the ex-IBM employee will report to Brian Manning, president and managing director of CSC India.
 
Source : 19-07-11   Hindu Business Line   Compiled by www.naukri.com
Renault India Names Vice President
 
Renault India has hired Rajiv Mitra as vice-president — public affairs and communications. He has replaced Ashish Sinharoy. Mr. Mitra will report directly to Sudhir Rao, deputy managing director and COO of Renault India, adds Rush Lane.
 
Source : 20-07-11   Financial Chronicle   Compiled by www.naukri.com
Female Employees Plan Tax Better
 
According to a study by TaxSpanner, an online income tax return filing portal, female employees appear to be better tax planners as compared to their male counterparts. The study disclosed that the average tax ratio of salaried women in the main Indian cities is 4% in comparison to 6% for salaried males. Tax ratio is defined as the percentage of one’s salary that one pays as tax. The study reviewed staff from more than 500 companies in cities, including the Delhi NCR, Mumbai, Chennai, Bangalore and Hyderabad. The research revealed that Chennai and the Delhi NCR had the lowest average tax ratio of 5%, followed by Mumbai and Hyderabad at 6% and Bangalore at 7%.As per the report, females appeared to be more adept at tax planning by claiming house rent allowance exemption and deductions for health expenditure.
 
Source : 20-07-11   Financial Chronicle   Compiled by www.naukri.com
Wipro’s Attrition Rate Touches 23.2% In Q1
 
Swirling attrition continues to be a concern for Wipro, the country’s third-largest software exporter, despite the company’s recent makeover of its people management processes and HR policies. The company’s attrition levels rose to 23.2% during the first quarter ended June 30 compared with 20.9% in the preceding quarter. Executives said the attrition was mainly at the 3-5 years experience level.“More than 50% who left are in this bracket. People with 3-5 years of experience are the most valuable for any organization. And they are the most marketable as well. We did not give a salary hike for the last 16 months because of the restructuring, which delayed the appraisal cycle and many people left. We expect the attrition level to settle down in the coming quarters,” said Saurabh Govil, senior vice-president, (HR), Wipro Technologies.
 
Source : 21-07-11   Financial Express   Compiled by www.naukri.com
IBM To Give 30% Salary Hike To Indian Top Performers
 
As IBM celebrates hundred years of its existence, the IT giant is giving its top performers in India wage hikes of 25-30 per cent. India is the largest centre for IBM in terms of employee strength outside of the US.The tech major is giving its standard performers 15-20 per cent hike. For IBM, the salary hike is effective from July 1, according to two senior company officials. When contacted, IBM India spokes¬person said, “As a global policy we do not comment or share information on salary or related data.”IBM’s wage hikes appear higher than the average salary hikes doled out by peers such as Infosys, TCS and Wipro. For example, Wipro’s annual cycle of wage revision effective June 1 saw offshore salary increases by 12-15 per cent and onsite increases at around 3-4 per cent. Similarly, TCS said in April that the Tata Group firm would give hikes to the tune of 12-14 per cent to its employees in the country. Infosys gave wage hikes, effective April 1, to the extent of 10-12 per cent for offshore employees while onsite hikes were in the order of 2-3 per cent.
 
Source : 20-07-11   Financial Chronicle   Compiled by www.naukri.com
Sistema Shyam Board Inducts Four New Directors
 
Sistema Shyam TeleServices Ltd (SSTL), which offers telecom services in India under the MTS brand, today expanded its management board to 13 members from nine previously.The company appointed Mr Feliks Evtushenkov and Mr Alexey Buyanov as directors on the company’s board, SSTL said in a statement. Additionally, the company also appointed former Tata Sky Managing Director and CEO, Mr. Vikram Kaushik, and the Indian Society of Advertisers Chairman, Mr Bharat Patel, as Independent Directors on the SSTL board. With these appointments, the SSTL board’s strength is now 13 members, it said.
 
Source : 19-07-11   Hindu Business Line   Compiled by www.naukri.com
Reliance Broadcast Names Big Magic Sales Head
 
Reliance Broadcast Network has hired Abhay Ojha as national sales head of its regional television channel Big Magic. He will be responsible for sales and revenue generation for Big Magic and report to Executive Vice President of Sales and Revenue Praveen Malhotra.
 
Source : 23-07-11   Exchange4media.com   Compiled by www.naukri.com
Indian IT Firms Start Leadership Programmes For Women
 
IT firms are introducing leadership programmes for women in order to boost their number in senior management. Indian IT giants, such as Infosys and Wipro, have started workshops and implemented policies to help female personnel reach top management positions. Multinationals such as IBM, Cisco, HP etc, already have procedures in place for this purpose. Indian IT organisations have begun selecting women workers who can be prepared for future leadership through career programmes that teach them how to tackle personal and professional challenges. Smaller firms like MindTree and Mindteck are also training women to help them advance to senior positions. A diversity research, released last year, by Nasscom and PricewaterhouseCoopers shows that the promotion rate for women was the lowest in the IT industry. An assessment by Infosys a few years ago showed that the male to female ratio of eligible managers was skewed in favour of men. To correct this, the firm started including at least one female representative in promotion and recruitment panels. The firm has also started teaching first-time female managers about job-related competencies.
 
Source : 22-07-11   Financial Express   Compiled by www.naukri.com
Microsoft U.S To Recruit For Research From Indian Colleges
 
Microsoft will start recruiting students directly from India’s top colleges to work at its campus in Redmond. Currently, only its India unit, Microsoft Corporation India, hires directly from Indian colleges.According to S Somasegar, senior vice-president, developer division of Microsoft, Anna University will be amongst the first from which the company will hire for research and development. Microsoft is also providing software tools to all of the university’s 570,000 students. Microsoft started operations in India in 1990, and has a head count of 5,300 in the country. It has six business divisions – marketing, development centre, global technology centre, Microsoft IT, Microsoft Global Services India and Microsoft Research.
 
Source : 26-07-11   Hindu Business Line   Compiled by www.naukri.com
Reliance Life To Add 6,000 Agents In 2011
 
Anil Ambani Group firm Reliance Life today said it will hire 6,000 insurance agents this year as part of plans to expand its reach in rural markets. Unlike the traditional model of paying commission to insurance agents on the basis of the business generated by them, the rural agents would be recruited under this new programme on a fixed income structure, the company said. These agents would also be paid a stipend during their training and induction period, a top official told visiting Indian journalists here.”We have understood that in smaller locations, the agents take a longer time to come up the learning curve. With this initiative, we will provide them the necessary encouragement and support to help them join and stay in the insurance field,” Reliance Life Insurance Company President and Executive Director Malay Ghosh said. This would be different from the current model, wherein the agent is on a pure commission structure, and a fixed component would also ensure that the agent would work full-time and be more committed to this job, he added.
 
Source : 21-07-11   Financial Express   Compiled by www.naukri.com
Volvo Auto India Appoints New MD
 
Volvo Auto India, the luxury car arm of the Swedish automaker, has appointed Tomas Ernberg as its managing director. Mr. Ernberg, 40, who takes over from Paul de Voijs, has been associated with Volvo for the past 17 years. He was previously regional managing director for Volvo in Dubai, from where he managed 13 markets in West Asia and North Africa. During Mr. de Voijs’ tenure, Volvo grew significantly in India, launching two luxury sports utility vehicles, XC90 and XC60, and two luxury sedans, S80 and S60.
 
Source : 21-07-11   Mint   Compiled by www.naukri.com
One Last Chance To Rub Shoulders With The Masters @NASSCOM HR Summit 2011
 
For a professional, there is always space and scope for new ideas and fresh thinking, given that transitions herald newer challenges and transformed roles. As HR professionals, have you already sensitized yourself to the changed needs of your employees? In order to discuss and deliberate upon the new normal for soft assets, your peers have joined NASSCOM HR Summit 2011 and we are even more confident that there is reason for you to be there too!We have closed the online registrations but there is still a chance for you to join the big league. You can walk in and register at the venue.
 
Source : 19-07-11   www.nasscom.in/hrsummit   Compiled by www.naukri.com
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For 4 days, it is over to NSG, News – Cover Story – Bangalore Mirror,Bangalore Mirror

Posted on July 26, 2011 by jayparkhe
NSG commandos with sniffer dogs outside the Taj Mahal Hotel,  Mumbai, during the 26/11 operations

The city is gearing up for an invasion from the National Security Guard (NSG), those ‘Men in Black’ who emerged heroes following the 26/11 carnage in Mumbai. Commandos from the crack outfit are set to storm the city, wielding their deadly weapons, scaling high walls, disposing of bombs, releasing hostages and capturing imaginary terrorists in mock operations which will be conducted over the next four days starting Tuesday.

“This is a first-of-its-kind operation in our state,” said Bhaskar Rao, IGP and nodal officer of the counter-terror wing, facilitating the NSG operation. “The final touches are being put in place.”

The operation, which will be held in-camera, is primarily aimed at gathering first-hand knowledge of the city, which would prove vital in case of a terror attack. Precious momentum and time was lost during the initial stages of the 2008 siege in Mumbai and the NSG hopes to ensure no such lapse in the event of a similar attack.

The NSG was also loath to call the operation a drill as it plans to conduct it on the lines of the 26/11 operation and as close as possible to the real thing. The commandos will also check the preparedness of the city — home to a number of defence establishments, software firms, luxury hotels and a sizable migrant overseas population. At the end of the operation, measures to enhance security in the city will be suggested for implementation.

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Your Professor Tweets More Than You [infographic]

Posted on July 26, 2011 by jayparkhe
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Daily Infographic | A New Infographic Every Day | Data Visualization and Design | page 4

Posted on July 26, 2011 by jayparkhe
My friends and I are self-professed grammar geeks. Upon hearing Alanis Morissette’s 90s hit “Ironic” on the radio, a worn out discussion usually breaks out: is she using the word “ironic” correctly? Yes, you can roll your eyes now. But, seriously, “It’s like ten thousand spoons when all you need is a knife” is not really ironic, is it? (And I know that this discussion is more worn out than your favorite gym shorts…)

Today’s infographic supports my argument, but it also schools me against using “literally” as an emphatic “really,” and reminds me that politely chuckling does not a bemused person make. Some of the distinctions seem fairly close, as in the case of “plethora,” but a lot of these are good reminders. Whether this inforgraphic warms your heart or not, take a look to see if you are guilty of any of the offenses below. [Via]

10 Commonly Misunderstood Words

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That’s What THAY Say [infographic]

Posted on July 26, 2011 by jayparkhe

Stereotypes are stereotypes because they are true? Maybe…Today’s infographic is a collection of data supplied by over a million people who were surveyed about their personal preferences. You’ll catch a few stereotypes in this information, don’t complain too much.

The ‘THAY’ stands for Teach Hunch About You. Hunch.com is a website that asks questions to its users, then uses the personalized information to recommend songs, movies, restaurants, et cetera that would interest you. They’ve taken some of their question data and plopped it in infographic form so you can devour the statistics.

One of the more surprising tid-bits of information I ran across was that it is almost a 50/50 split between people who swat flies and those who let them fly out a window. I always thought people killed flies cold-blooded. I had no clue that there is a massive population of fly philanthropists. It is also quite odd they would compare the death penalty to this, but it’s true, those who kill flies somewhat support killing people.

I also noticed it is a pretty close race between those that take off a bandaid fast to those that slowly peel it off. I myself, alway rip it off as fast as possible, but contrary to their data I have never broken a bone. [Via]

thats-what-thay-say-small

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Women of War [infographic]

Posted on July 26, 2011 by jayparkhe
Respect and gratitude seem like shabby offerings to the men and women who risk it all to serve their country. Their service alone is admirable, but women in combat deal with the added risk that accompanies gender stigma. Beyond the stigma lie a slew of unique social perils. Today’s infographic showcases these brave women, their history with the military and their present issues within it.

According to the infographic, divorce rates are higher among female soldiers than they are among their male counterparts. Even scarier is the number of female service members sexually assaulted in 2010 coupled with the number of those who chose to report the assault. [Via]

Women of War - facts and statistics

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  • Alisontribal 2 weeks ago
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    There are two W’s you don’t normally see together! Women of War [infographic] http://t.co/Le0pTv0 via @the_infographic

  • jeffcheong 2 weeks ago
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    #DailyInfographics Women of War [infographic] – Respect and gratitude seem like shabby offerings to the men and wome… http://ow.ly/1dEK9D

  • Ladicash 2 weeks ago
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    RT @SDI_2011: Las mujeres que van a la guerra y los estigmas a los que se enfrentan + Infografía http://t.co/RdfwnhR

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    Las mujeres que van a la guerra y los estigmas a los que se enfrentan + Infografía http://t.co/RdfwnhR

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    http://bit.ly/qeTm6V Women of War: Female Soldiers on the Front Line

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    Donne in guerra RT @fauxchart: #infographic #infovis Women of War http://bit.ly/ngnTwt

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    #infographic update: Women of War [infographic] http://bit.ly/ngnTwt

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How Our Laws Are Made [infographic]

Posted on July 26, 2011 by jayparkhe
As the national debt and budget issues monopolize the airwaves, it strikes me how little I remember from my undergraduate government courses. I can rattle off the names of several key representatives and senators, but the inner workings of their roles conjuring a bill into a law are a bit fuzzy. If you have found yourself in a similar predicament (or you are a political science buff who thrives on clever ways to explain governmental processes) this infographic is for you.

With the aesthetics of The Game of Life, today’s infographic thoroughly walks us through the trip a bill takes from introduction into the House of Representatives through publication as an official law. [Via]

How Our Laws Are Made Infographic

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  • Mike Wirth 1 week ago
    Thanks for the post. This #infographic is available in poster form here: http://www.redbubble.com/peopl…

    No social studies classroom is complete without it!

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    • dovidbendavid 1 week ago
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      How Our Laws Are Made [infographic] http://t.co/UPBFtjw

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      How Our Laws Are Made [infographic] http://bit.ly/pltV4N

    • RSDonna 1 week ago
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      I’m just a bill, Yes, I’m only a bill, And I’m sitting here on Capitol Hill… How Our Laws Are Made http://bit.ly/nn8mmq #Infographic

    • kbmartin15 1 week ago
        From  twitter
      Schoolhouse Rock “I’m just a bill” is easier! > How Our Laws Are Made [infographic]: http://t.co/ju4ZSDr via @AddThis

    • Crabtree141 1 week ago
        From  twitter
      How Our Laws Are Made [infographic] http://t.co/ADC0pKD | #dailyinfographic

    • voonmiing 1 week ago
        From  twitter
      How Our Laws Are Made [infographic] http://ow.ly/5Ed3g

    • gchowdhry 1 week ago
        From  twitter
      RT @obrienmedia: School House Rock’s “Just A Bill” is a bit jelly // How Our Laws Are Made [infographic] http://bit.ly/q9QLUn (thx @MirandaGale)

    • obrienmedia 1 week ago
        From  twitter
      School House Rock’s “Just A Bill” is a bit jelly // How Our Laws Are Made [infographic] http://bit.ly/q9QLUn (thx @MirandaGale)

    • jeffcheong 1 week ago
        From  twitter
      #DailyInfographics How Our Laws Are Made [infographic] – As the national debt and budget issues monopolize the airwa… http://ow.ly/1dNi74

    • carawillenbrock 1 week ago
        From  twitter
      How Our Laws Are Made #infographic http://t.co/nNDqesy via @the_infographic

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    Express Reform for Speedy Deliveries — Beijing Review

    Posted on July 26, 2011 by jayparkhe
    Express Reform for Speedy Deliveries The government looks to enhance the booming, yet disorganized, express delivery industry By LIU XINLIAN

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    OVERNIGHT DELIVERY: Qingdao Airport of Shandong Province has been included in a new cargo air route run by China Postal Airlines, enabling local EMS mail to arrive at any major city across China the next morning (CUI PENGSEN)

    With the rapid development of the express delivery industry in recent years, Chinese urbanites’ impressions of deliverymen have been transformed. Gone are the typical images of dark green uniformed men toting large boxes, replaced now by young, casually dressed couriers on electric bikes laden with packages.

    While express services become a daily necessity with the popularity of online-shopping, the country is gearing up to consolidate the fragmented and crowded industry. China will strive to support mergers and acquisitions between delivery companies by offering policy incentives in taxation and land use, said a guideline of the State Post Bureau of China (SPB) posted on the website on June 17. More express firms will be nurtured into larger ones capable of competing against international delivery service giants like UPS and DHL and with annual revenues exceeding 10 billion yuan ($1.54 billion), said the guideline.

    Although China’s express delivery industry has seen rapid growth since 2005, it is far from strong compared with advanced countries, like the United States and Japan, regarding service quality, service capacity and internal management, said Ma Junsheng, Director General of the SPB.

    Soaring business

    In 2010, the number of express deliveries in China totaled 2.3 billion, a rise of 26 percent from 2009, with revenues hitting 57.5 billion yuan ($8.85 billion), a year-on-year increase of 20 percent, according to figures from the SPB.

    At the end of 2010, the industry had 542,000 employees, up 35 percent from the previous year, said the SPB. The express delivery network has covered 90 percent of municipalities and provincial capitals and 80 percent of provincial-administered cities.

    Express firms are mushrooming across the country as the industry picks up momentum thanks to a significant e-commerce boom.

    Online retail sales almost doubled in 2010 from a year earlier to 513.1 billion yuan ($78.9 billion), said a report released by China e-Business Research Center, headquartered in Hangzhou, capital of southeast China’s Zhejiang Province.

    The figure provided by China Express Association showed that the mail generated by e-commerce accounted for nearly half of the country’s daily express delivery last year.

    After the Shanghai-based Yuantong Express became the delivery contractor for China’s largest C2C marketplace Taobao.com in 2006, its daily mail delivery increased from 2,000 to 280,000 over the course of three years, said Xu Jianguo, former vice president of Yuantong Express, one of China’s top four private express carriers.

    The express delivery industry in China is composed mainly of foreign express giants as well as the SPB’s EMS (Worldwide Express Mail Service) and locally funded private express companies. Currently, domestic companies take up close to 70 percent of the mainland’s express delivery market, while the four international express giants, including FedEx and UPS of the United States, DHL of Germany and TNT of the Netherlands, dominate 80 percent of the express delivery service between China and the rest of the world.

    Growing pains

    The lack of delivery services and delays last winter are still fresh in the minds of most online shoppers. Poor weather and a migration of couriers rushing home for the Spring Festival (February 2-8) left express firms in desperate need of personnel to make deliveries.

    This setback showed the industry’s incapacity compared with the booming e-commerce, said Xu Yong, President of Cecss.com, an express consulting website based in Shanghai.

    via bjreview.com.cn

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    Mumbai housing prices may rise up to 30%! – Rediff.com Business

    Posted on July 25, 2011 by jayparkhe
         Next

    BS Reporter in Mumbai

    Mumbai municipal commissioner Subodh Kumar’s proposal to charge additional premium on construction of certain sections in a building, could push up property prices in the city by 20 to 30 per cent, say property developers.

    Consultants, however, raise doubts about the practicality of such price rise.

    Kumar has put forth a proposal before the state government that the Brihanmumbai Municipal Corporation charge a premium of 100 per cent of the ready reckoner rates on construction of lobbies, terraces and balconies compared to the 25 per cent charged earlier.

    Ready reckoner rates are the rate at which the government calculates the market value of the property. Though these specified areas are free from calculation of floor space index (FSI) — permissible construction allowed on a given plot of land — according to BMC, developers sell terraces, balconies and decks to buyers at market rates.

    via rediff.com

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    Can you relate to some of these scenarios? – From an email…

    Posted on July 25, 2011 by jayparkhe


    “I want to do something meaningful with my life. 

    “I have big dreams but no time to develop or implement them.

    “I hate my job but can’t quit because I need the money. 

    “I work hard and do good work but no matter how hard I work I just can’t seem to get ahead financially. 

    “I love my family and friends. 

    “I have become very sensitive about everything.  

    “I have this sense of urgency 

    “I have lost my sense of time and sometimes even direction.  

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    We envy the BJP for its media clout: Cong – Rediff.com India News

    Posted on July 25, 2011 by jayparkhe

    It was a battle of wits between IBN-18 network editor-in-chief, Rajdeep Sardesai [ Images ], and Congress leaders Digvijay Singh [ Images ] and Mani Shankar Aiyar [ Images ].

    Surprisingly, the usually outspoken Singh appeared subdued, while Aiyar shook the floor with raised decibel levels to Sardesai’s several comments on the Congress party’s state of affairs.

    All three were a part of a panel discussion at the release of journalist Rasheed Kidwai’s second book, 24, Akbar Road on Sunday evening.

    To Sardesai’s comment that the Congress party was feudalistic, a member in the audience asked Sardesai about feudalism in his own channel, CNN-IBN.

    “Why are you talking about feudalism, when the CNN-IBN is totally run by Rajdeep Sardesai and his wife, Sagarika Ghose?” the woman asked right after Sardesai said that the Congress party was “monarchical.”

    Sardesai opened his speech by saying that it was ironical that the book was released on July 24.

    “It was on this day that 20 years ago Manmohan Singh [ Images ] introduced his economic reforms under Narasimha Rao. There is not even a single Samadhi for Rao, even though without him, Manmohan Singh could not have introduced his economic reforms,” Sardesai said while commenting on the book.

    “Even in the case of Sitaram Kesri, it was a bloodleass coup. That reflects the dilemma of Congress today. It is a source of major strength and weakness for the party that it is umblically tied to one family. The Congress was formed as a democratic party and it fought independence for us, but today it is a monarchical party,” Sardesai added.

    Rather subdued, Singh took the mike and said, “First of all, economic liberalisation started during Rajiv Gandhi’s [ Images ] time. Yes, it got momentum under Rao. It was on Rao’s family’s insistence that he was buried in Hyderabad, not because Congress did not want to. And how is the Bahujan Samaj Party not feudalistic?”

    On Sardesai’s comment that it was easy to write on Bharatiya Janata Party [ Images ] than Congress because the “BJP lives and dies by the media”, Digvijay Singh said, “We envy the strength the BJP enjoys in the media.”

    When Sardesai reiterated that one needed connections in the Congress to rise, Aiyar said, “The two of us (Aiyar and Singh) are still sitting here, aren’t we?”

    To Sardesai’s comments on Rao, Aiyar said, “It was under Rao that the Babri Masjid [ Images ] was demolished. It was the biggest disaster in our country. During my Ram-Rahim Yatra, Rao had told me that he had a problem with my definition of secularism. When I asked him what it was, he had told me that I was forgetting that India [ Images ] was a Hindu nation. That was why there was a rift between the Congress party and Rao.”

    Sardesai put a follow up question to Aiyar, when he asked how the Congress is going to deal with economic policies, Aiyar said, “I am not for a policy which is pro-India, but anti-Indians.”

    Sardesai compared present day Congress to the Mughal Empire.

    “You are a party in decline. Will you accept that and reinvent yourself? Barring for the sympathy votes in 1984, see your vote percentage in Uttar Pradesh [ Images ], Bihar and other states. Isn’t it true that you are like the latter part of the Mughal Empire? The Mughals survived in their latter phase by forming alliances. That is what the Congress is doing too,” Sardesai said.

    When Sardesai pointed out that Mamta Bannerjee won in West Bengal [ Images ] after she left the Congress, Singh said, “She won the elections because of the Congress’s alliance.”

    Singh was at his wittiest best, when he opened his remarks on the book by saying, “To be frank, I have read neither this book nor Kidwai’s first book,” much to laughter from the crowd.

    “I have only known one official address of the Congress, which is 24, Akbar Road. There is a syndrome called the MKH syndrome at 24, Akbar Road – Mera Kya Hoga syndrome. Here, sometimes you succeed, sometimes you don’t!” Singh said.

    When asked to share his memories of 24, Akbar Road, Aiyar said, “When I joined the place first, I was given a room next to the ladies’ toilet!” 

    On Sunday, Rasheed Kidwai released his second book. Titled 24, Akbar Road, the book is presented as a short history of the people behind “the fall and rise of the Congress”.

    Sahim Salim

    via rediff.com

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    10 blue chip stocks for long-term investing – Rediff Getahead

    Posted on July 25, 2011 by jayparkhe
    eople walk past a bronze replica of a bull at the Bombay Stock Exchange (BSE) building in Mumbai
    Prev     Next

    Blue chip stocks are those stocks which have been known to be the stocks that have following characteristics:

    • Leaders in their individual industry segments
    • Large capitalisation
    • Stability of earnings
    • Sustained growth
    • Regular dividend payouts
    • Good governance model
    • Widely held

    Some of the blue chips which can be considered by retail investors are as follows:

    • Tata Consultancy Services
    • Bharti Airtel Limited
    • ITC
    • Coal India
    • HDFC Bank
    • Tata Motors
    • L & T
    • NTPC Ltd
    • Hindalco Industries Ltd
    • Axis Bank
    via rediff.com

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    Today’s Inspirational Quote:

    Posted on July 25, 2011 by jayparkhe

    “If you take a deep breath and look around, ‘Look what’s
    happening to me!’ can become ‘Look what’s happening!’ And
    what’s happening? The incredible drama of life is happening.
    And we’re in it!”

    — Sylvia Boorstein

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    Rahul Gandhi gets ‘blinking eyes’ image like Govind Tiwari | Faking News

    Posted on July 22, 2011 by jayparkhe

    Rahul Gandhi gets ‘blinking eyes’ image like Govind Tiwari

    Govind Tiwari, the young man from Allahabad or the chhora Ganga kinaare waala, is all set to redefine the political scene in Uttar Pradesh. Govind, who became an international sensation thanks to his creative blog, has inspired Congress leader Rahul Gandhi to get a ‘blinking eyes’ snap done for himself. Govind had captivated the whole world a couple of days back thanks to his animated snap.

    Apparently Rahul Gandhi decided to do so to project an image himself as a common man who was no different from Govind Tiwari, just another common man from Uttar Pradesh:

    Rahul Gandhi as Govind Tiwari

    Cool Rahul Gandhi

    Experts believe that with Rahul Gandhi constantly blinking his eyes like Govind Tiwari, other Congress leaders will have no choice but to follow suit:

    Digvijay Singh and Manish Tiwari

    Manish Tiwari as Govind Tiwari

    With every Congressman blinking his eyes, this surely is going to get some reactions from the BSP chief Mayawati while BJP would be left wondering how to react and take a position on this issue:

    Umar Bharti and Mayawati

    Who will blink first?

    As the political eye blinking will get more intense and competitive before the 2012 assembly elections, the leading journalists of India will have no option but to analyze the whole issue:

    Barkha Dutt and Arnab Goswami

    Blinking, err. Breaking News

    However, far from the madding crowd, another Tiwari (and his friend) will try their best to imitate Govind Tiwari, but would get only partial success:

    N D Tiwari and Swami Nithyananda

    Birds of the same feather blink together

    via fakingnews.com

    Faking News ! LOL !

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    Mindblowing Sand Sculptures from Around the World – Yahoo! News

    Posted on July 22, 2011 by jayparkhe
    Mark Renders/Getty Images

    Mark Renders/Getty Images

    MIDDELKERKE, BELGIUM – JUNE 28: Sculptures made of sand inspired by farytales are seen at the Annual Sea Sculpture Festival on June 28, 2008 in Middelkerke, Belgium.

    via in.news.yahoo.com

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    News | Keeping You Posted | Positively Postal

    Posted on July 22, 2011 by jayparkhe


    PostEurop proudly announces the opening of its 2011 Europa Stamps competition – find out more by visiting their website.

     

    via positivelypostal.co.uk

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    Column Five Media • Gist Infographic: Seattle Startup Recipe

    Posted on July 22, 2011 by jayparkhe
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    Simple Ways TSA Could Make Customers Happier – Dan Pallotta – Harvard Business Review

    Posted on July 22, 2011 by jayparkhe
  • Stop the Shouting. No human being responds well to someone shouting “Remove all laptops! Take out all liquids, aerosols, and gels! Remove all items from your pockets, that means ALL items!” at them at 6 AM–or any other time of day. Imagine walking into a Toyota dealership to find a uniformed officer there yelling, “If you want a Camry get in the left line; if you have credit question go to the right!” The best way for TSA to improve customer service would be to start treating people like customers instead of animals. They should establish a “no yelling or you’re fired” rule. This alone would transform the atmosphere around the screening areas. And people might actually pay attention.
  • Lollipops. Give lollipops to kids after they go through a screening. It would immediately signal customer appreciation, sensitivity, and basic humanity.
  • Advanced Courtesy Training. TSA agents rarely say thank you, they bark orders at you, and they generally treat you like an idiot because you aren’t 100% proficient at a procedure that they perform countless times a day. TSA should conduct extensive staff training on the language and habits of basic courtesy.
  • Usable Comment Cards. Agents should be required to greet customers with their first name. “Hi, I’m Ann, and I’ll be searching your bag.” When finished, the agent should hand the passenger a zen-simple comment card that says “Ann” with numbers 1-10 underneath so that you can circle a score and drop it immediately into a comment box. If you want customers to believe you care about their feedback, prove it: Make it super-simple for them to tell you what they think.
  • A Context of Friendliness. Shifting the context of customer-interfacing operations from one of intimidation to one of friendliness does not mean ceding the power necessary to keep airports secure. Using the comment card feedback, for example, each day TSA could place a large poster at the entrance to the security area with a photo of the agent voted friendliest the previous day, with a headline, “Yesterday’s Most Courteous Agent, According to You.” Staff could be trained to utter a simple, “Welcome,” when you enter the line. Bins could be ordered in bright saturated colors, instead of Big Brother gray. Hell, maybe they could even have “Hi!” written on them.
  • Simple Equipment Innovations. A TSA agent in Boston designed an apparatus that sends empty plastic bins from the end of the line along a sloping, roller-lined rack and feeds them back onto the conveyor belt, thereby placing the bins at your fingertips as you move along the conveyor. You can grab bins as you need them instead of lugging two or three by your fingernails from the start of the line. The innovation eliminates human labor involved in endlessly transferring bins from the end of the line to the front. The machine is ingenious. The agent had it fabricated with his own money. Yet the manager told me the Feds want it taken down because they didn’t design it. They should do the opposite. They should order one for every TSA line in America. The labor savings and time savings would pay for equipment in a month. The innovation would demonstrate care and concern to the general public, and would make everything easier and faster.
  • Magic Bin and 1,000th Passenger Programs. Put a star on the bottom of every 100th bin. The customer who gets that bin wins a voucher for a refreshing beverage at one of the airport concessions. The 1,000th passenger each day gets a voucher for a relaxing 15-minute massage at one of those airport mini-spas. Signs in the queue could alert customers to the programs, which would alter the spirit of the operations area. These two programs would create substantial positive word-of-mouth advertising. People would start saying, “You wouldn’t believe what happened to me in the TSA line the other day…” and it wouldn’t be that they got strip-searched.
  • Relaxing Music. Security is the most stressful part of the travel experience. Acknowledge that and reduce the stress by playing spa music in the TSA areas.
  • Family Assistance. Families traveling with strollers and car seats and formula bags have a tough time. Station a family assistant in the queue area to help families get all their stuff through the lines.
  • Value Proposition Messages. Long lines are an advertiser’s dream. TSA should put up advertising boards touting their value: “278 flights delivered safely yesterday from this station” or “6,887 passengers delivered to their destinations without incident yesterday from this station.”
  • Late Program. Eliminate stressed-out passengers from the line by offering to put people at the front of the line for a $35 fee if they are at risk of missing their flights.
  • via blogs.hbr.org

    I must compliment the Indian CISF engaged at the Airports. They seem to have received training in courtesy and are quite friendly.

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    Untitled

    Posted on July 22, 2011 by jayparkhe

    About Apple University
    Research and design by Online Colleges Resource

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    The legendary Willys Jeep | INFOgraphics | RIA Novosti

    Posted on July 21, 2011 by jayparkhe
    Media_httpenrianruima_hfcgi
    via en.rian.ru

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    How big is ecommerce?

    Posted on July 21, 2011 by jayparkhe

    How Big is E-commerce IndustryInfographic by – Conversion Optimization Company Invesp

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    The Power of Harry Potter’s Marketing Potion

    Posted on July 21, 2011 by jayparkhe

    To-date, the Harry Potter movie franchise has generated more than $6 billion in combined worldwide box office sales. Think that’s a lot? Well, it doesn’t include book sales, product licensing or any of the brand’s myriad of other revenues.

    The Potter powerhouse has steamed ahead at full throttle since the first book published in the U.K. in 1997 (in the U.S. in 1998), due in large part to its marketing strategy. So, for small-business owners, what can they learn from this unbelievable success when it comes to their own marketing?

    While most small businesses won’t achieve the astronomical level of success that the Harry Potter brand has, owners should start by providing a quality product or service that far exceeds customer expectations as the boy wizard does. No one knows that better than marketing communications expert Susan Gunelius, author of Harry Potter: The Story of a Global Business Phenomenon (Palgrave Macmillan, 2008). Here are three Harry Potter-inspired tips from Gunelius that small-business owners can apply to their own marketing plans:

    1. Tug at their heart strings. Want your brand to be a phenomenon like boy wizard? Then creating a consistent emotional attachment with customers will be necessary. To do this, Gunelius suggests delivering on the “3 S’s” of customer loyalty: Creating feelings of stability, sustainability and security. 

    “Without that kind of emotional involvement, your success will peak long before the phenomenon status comes into view,” she says.

    2. Get ’em talking. Once you get those first few customers engaged, the next step is to get them telling all their friends about your brand. How many people first learned about Harry Potter from friends and family members? We can only speculate but assume the numbers are mind-boggling.

    Consider using social networking sites such as Twitter and Facebook to get the conversations started and begin building buzz online about your brand. “Fans always wanted more of the Harry Potter brand, and the Internet became a place where the Harry Potter community could socialize, network and experience the brand in their own ways,” she says.

    3. Keep them hungry. Always leave customers wanting more of your product or service. Gunelius says business owners can create cliffhangers like Harry Potter did by leaking pieces of information and holding promotional events and contests around the next product to launch.

    After that, it’s all about damage control. “Once customers become loyal to a brand and develop an emotional connection to it, it’s critical that nothing is done to damage the brand or betray consumers’ loyalties to it,” Gunelius says.

    via entrepreneur.com

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    Dump him or dump him not: Yeddi leaves BJP in knots | Firstpost

    Posted on July 21, 2011 by jayparkhe

    Yeddyurrappa, BJP’s headache for sometime now is fast turning out to be its Achilles’ heel. The recent developments in Karnataka not only throw serious questions on the quality of the first BJP ministry down South but also threaten to compromise the party’s credibility at the national level. The party has gambled too much on a chief minister with too many skeletons in the cupboard and dubious records at governance; it would find it difficult to wriggle out now.

    The dilemma shows. The party is yet to come out with a proper response to Lokayukta Santosh Hegde’s allegation that a senior BJP leader urged him to drop Yeddyurappa’s name from the report on the Bellary mining scam. It was silent when the chief minister invited his principal political opponent and JD(S) leader HD Kumaraswamy to a ‘truth test’ before Lord Manjunathaswamy. As the chief minister keeps hopping from one embarrassment to the other, the party’s halo of self-righteousness keeps slipping. Its grandstanding on issues like corruption also looks like a vacuous game of moral double standards.

    The BJP has to swim or sink with Yeddyurappa. Dibyangshu Sarkar/ AFP Photo

    The mining scam was expected to blow up on the party’s face at some point. It is not possible that it was not aware of the ground realities in Karnataka. It was either trying to bluff its way through or was brow-beaten by Yeddyurappa to fall in line. In both cases, it ends up looking miserable.

    The Lokayukta’s report, if what’s coming out in the media is true, is indeed damning. It leaves the BJP with no escape route. The size of the scam is big – Rs 1,827 crore in just 14 months – and it involves not only Yeddyurappa but also four of his cabinet ministers. What makes matters worse is the chief minister holds the mining portfolio. The report says he is charged on two counts. One of the charges is specific: dues of nearly Rs 118 crore, owed by a private mining firm, were waived without any justification. The other one has to do with sale of land by the firm owned by his son and son-in-law to a mining company at 20 times the market rate.

    Tourism Minister Janaradhana Reddy and BJP MLA Anand Singh, the report says, turned Bellary’s mining zone into a major hub off illegal iron ore export. The racket thrived on circumvention of all permit and licensing rules.

    The mining scandal, thus, threatens to engulf the whole of the BJP in the state. That former chief minister HD Kumaraswamy also figures in the report is no solace to the party. It has to protect its own credibility for its political future in the state.

    The predicament of the national leadership is unique. It has to swim or sink with Yeddyurappa. The chief minister carries the support of a good number of MLAs with him and he has not shown the inclination to buckle under pressure from the top. During the serious debate over leadership change in the state a few months ago, he had virtually resorted to a show of strength. The national leadership had to appease him by not replacing him.

    If it fails to replace him immediately, it runs the risk of being called hypocritical. The BJP has been relentless in its attack on the Congress and the UPA over the issue of corruption. It has been aggressive in taking the moral high ground on the issue. The Karnataka affairs threaten to expose its ambiguity.

    The party has been dodging the issue for a long time. It can escape no longer because the implication of the developments in Karnataka is going to be huge politically. The Lokayukta’s report is likely to trigger immediate reaction from the Opposition. That the Congress is waiting to pounce on the opportunity was evident on Wednesday when the party’s spokesperson Shakeel Ahmed blasted the BJP leadership for remaining mum on Hegde’s allegation against Yeddyurappa. The political attack is only going to be worse in the coming days.

    It’s a choice the BJP has to make now.

    via firstpost.com

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    Take a Few Key Steps To Ensure Executive Coaching Works | SHRM India

    Posted on July 21, 2011 by jayparkhe

    Q:Why does executive coaching work?

    A: Executive coaching works when all the stars are aligned. And when it does work, organizations will see a transformational change in their executive’s mindset and behavior. Executive coaching is not a quick fix, however. An executive cannot be sent to a one-day training program and expect a transformation. Rather, executive coaching is a customized, interactive process that is conducted over the course of a few months until the mindset and behavior changes are ingrained.
    There are four key components to executive coaching that garner transformational change:

    •     An effective coach.
    •     Executive buy-in.
    •     Organizational buy-in.
    •     A comprehensive coaching plan. 

      Effective Coach
      In real estate the mantra is location, location, location. The critical aspect of coaching is rapport, rapport, rapport. An executive coach needs many competencies, but without good rapport between the coach and the executive, no amount of experience, education or certification will cause a transformation of the executive’s mindset and behavior. It is crucial that the executive trusts the coach and feels comfortable with the level of the coach’s in-depth probing. A contract for coaching should not be signed until both parties feel that connection.
      A good executive coach will be the catalyst for the process by engaging with the executive to achieve the following:

    •     Increased self-awareness. The executive becomes fully aware of his/her strengths, development areas and how others perceive them.
    •     Understanding of inner drive. The executive explores his/her values, goals, ambitions and hot buttons and the legacy he or she wishes to leave.
    •     Recognition of the relationship between behaviors and inner drive. The executive understands what drives his/her behaviors and how behaviors affect the achievement of personal and organizational goals.
    •     Skill development. The executive learns to choose behaviors rather than react to situations.
    •     Ownership. The executive becomes independent of the coach and situational issues and accepts responsibility to use new ingrained behaviors for the betterment of achieving personal and organizational goals.
    •     Establishment of a trusted feedback network. The executive sets up a network of trusted advisors to gain independent observations that serve to inoculate against “CEO disease,” or a lack of self-awareness and honest feedback.

    If a prospective coach offers to jump in and fix the problem without exploring that connection, run, don’t walk, to another coach. Use the following competencies checklist to assess a coach:

    •     Knowledge of the coaching process.
    •     Expertise in organization and development.
    •     Business savvy.
    •     Ability to guide the exploration process and stay in control.
    •     Ability to identify the issues by being curious, using probing questions and analyzing   any underlying agendas or contributing situations.
    •     Ability to use positive reinforcement to encourage change initiatives.
    •     Ability to use adult learning principles to transfer knowledge and skills.
    •     Ability to foster independence.
      Every situation requires different competencies. No one package of education, certification, experience or interpersonal skills will be right for every coaching endeavor. An executive who is dysfunctional may need a coach with psychotherapy credentials, but another situation will call for a coach with in-depth business experience. Select a coach with the competencies that fit the particular coaching situation.

      Executive Buy-In
      Executives scoring low on emotional intelligence tests are not good candidates for coaching. For behavior change to take place, the executive must be open to feedback. Some defensiveness is to be expected, and a good coach can overcome this response in most candidates. Paranoia, extreme anger or other psychological disturbances, however, are signs that executive coaching will not work.
      Trust in the coach and the organization is essential. The executive must see the coach as a competent, trusted advisor. To be open and honest, the executive also must trust that what is communicated during the coaching process is confidential and will not be shared with the organization.
      In addition, the executive must be willing to commit to the process.  Areas of commitment include setting aside time for meetings without cancellation, working on assignments (taking assessments, reading material, role playing, practicing behaviors), being forthright with the coach and communicating any organizational changes or feedback that may influence the coaching process. Commitment includes meshing personal goals with organizational goals.

      Organization Buy-In
      Organization buy-in is more than paying the coach’s invoices.  It starts with an honest assessment of the following questions:

    •     Why should this executive receive coaching?
    •     Is the coach a trusted advisor?
    •     What two or three goals should be set for executive improvement?
    •     How much time will be committed to the process?
    •     What measurements will confirm executive improvement?
    •     Is the organization open to feedback concerning other factors that might be contributing to the executive’s dysfunction?
    •     What information will be shared with the coach?
    •     Will the organization honor the confidentiality of the process? This is very important.

      Comprehensive Coaching Plan
      Coaching without a plan is like choosing to drive on a random road without a map. If you don’t know where you are going, how will you know when you get there? A coaching plan can support the communication and understanding that is needed among the organization, coach and executive. In addition, an effective coaching arrangement requires a customized agreement for each individual coaching situation—one that can be amended to address issues as they arise. The following are considerations that should be addressed in a typical coaching plan:

    •     To ensure rapport between the coach and executive, develop a written confidentiality agreement that assures anonymity for executives and other contributors of information. Ensure that the confidentiality agreement has an escape clause for any unethical, illegal or harassment/discrimination information that may need to be reported.
    •     To ensure communication of progress, develop a written agreement that spells out initial goals, a timeline, fees and invoicing procedures. Appoint a person to receive summary updates and timeframes, and include a clause that notes that the executive will receive a copy of all summary information to maintain the trusting relationship.
    •     Require advance approval of all assessments and observations, and state that summary documentation is to be provided to the organization.
    •     List what measurements will be used to assess the executive’s improvement, and determine under what circumstances the contract would need to be amended.
    •     State what organization documents can be shared during the coaching process, and ask for a confidentiality agreement, if necessary.
    •     Include a plan for weaning the executive from the coaching process, and develop a process for future evaluations.

      Not every executive is coachable, but those who deserve to succeed, which they can do by mapping out a strategy that emphasizes coaching competence, executive and organizational buy-in and a coaching plan that maps out what the executive and coach are to achieve and how they are to achieve it. The effort put forth to build this plan will yield positive results for the executive and the organization.

    via shrmindia.org

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    Hostilities escalate in parcel wars – DC Velocity

    Posted on July 21, 2011 by jayparkhe

    Growing hostilities
    Parcel consultants, many of whom are former FedEx, UPS, and DHL Express executives, have built a cottage industry using their knowledge to guide shipper customers through the often-byzantine world of parcel contract negotiations. For years, FedEx, UPS, and, when it had a U.S. presence, DHL, co-existed with consultants in a reasonably amicable manner. However, the carriers began chafing at the consultants’ growing role in negotiating lower rates on their customers’ behalf that would impact the carriers’ bottom lines.

    At an industry conference in late 2009, UPS and FedEx executives went public with their intent to minimize their dealings with consultants. In separate internal policy memos the following spring, they codified that intent, essentially forcing shippers to negotiate directly with them or risk having their contracts canceled and all the pricing benefits associated with the contract eliminated.

    via dcvelocity.com

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    Ministry-wise PIB releases

    Posted on July 21, 2011 by jayparkhe

     

    • Press Communique
    • Vice President Releases Autobiography of Shri Asghar Ali Engineer
    • ! Three-Day 28th All India Police Radio Officers Conference Gets Underway
    • Home Secretary Leaving for Thimphu Tomorrow to attend SAARC Meet
    • MHA Statement on Appointment of SIT Member
    • Sports Minister Announces Demerger of National Institute of Sports, Patiala From Sports Authority of India
    • Youth Parliament Session and prize distribution to Navodaya Vidyalayas
    • India Signs Loan Agreement with ADB Worth US$ 315 Million for Karnataka State Highway Improv! ement Project
    • Anand Sharma Discusses Manufacturing Policy with Jayanti Natrajan
    • Protected Monuments in Orissa
    • Historical Monuments
    • All-India Consumer Price Index Numbers for Agricultural and Rural Labourers on Base 1986-87=100 for June, 2011
    • Commodity-Wise Freight Revenue by Railways goes up by 10.68 per cent during April-June 2011
    • Release of ‘Air House’ Coffee-Table Book
    • Project ‘SANGAM’ for Defence Pensioners Launched
    • 1st Training Course for National Participants launched at IIIDEM over 40 Master Trainers being trained for training of Booth Level Officers
    • Electronic Voting Machines- Field trial of Voter Verifiable Paper Audit Trail (VVPAT) system in five locations in the country
    • States Asked to Get Ready for the Implementation of Food Security
    • Mukul Wasnik, Minister of Social Justice and Empowerment Inaugurated Job Fest for Differently Abled Persons
    • The Ministry of Minority Affairs Receives over 200 Recommended Proposals under its Free Coaching and Allied Scheme For 2011-12
    • DR. C.P. Joshi Releases Natio! nal Register and National Transport Portal

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    One-third of money invested abroad as outbound investment have been in tax havens – Economic Times

    Posted on July 21, 2011 by jayparkhe

    Almost one-third of the money that is invested abroad as outbound investment have been in tax havens.

    Over 80 companies invested in countries like Mauritius, British Virgin Islands and Cyprus — popularly known for their liberal taxation regimes, where usually not many questions are asked about investments to and from these markets.

    Investments by Indian companies in overseas markets were over $5 billion in June, according to a Reserve Bank of India release on overseas direct investment, which the central bank has put in public domain for the first time. However, much of these outflows ($3.9 billion) are in the form of guaranteed issues.

    Outflows worth $600 million are in equities and $900 million is in the form of debt. Most of the investments are in wholly-owned subsidiaries and joint ventures. Mundra Port was the highest investee in the overseas market, with a $2.2-billion investment as credit guarantee in Australia, followed by Biocon which made a $350-million investment in its Malaysian subsidiary and Sun Pharma’s $300-million investment in British Virgin Islands.

    Put simply, a tax haven is a foreign country that has unique offerings for investors, the primary one being relatively low tax rates in comparison to other countries.

    Jigar Saiya, partner at MZS & Associates, said: “Countries like Mauritius have an exemption of capital gains tax. In India, a company has to pay 30% on the operating income while in Mauritius it is 3%.” Notably, Mauritius accounts for 60% of equity investments by Indian companies. Tax experts say countries such as British Virgin Islands are used by companies to save on tax in the US, where a company might have a base

    via articles.economictimes.indiatimes.com

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    B-Schools plan course revamp for industry-ready graduates – The Economic Times

    Posted on July 21, 2011 by jayparkhe

    Indian business schools will together attempt at changing the course curriculum last tweaked by some of them in the aftermath of the 2008 global financial meltdown. Driving the change this time will be corporate needs in emerging markets and not just economic compulsions. This is the first time that B-Schools will jointly brainstorm on curriculum.

    A few institutes including the IIMs introduced subjects like ethics and social-cultural environment two years ago when MBA education was under fire for causing the sub-prime crisis and later failing to contain the global recession. Now companies picking up grads from campuses are increasingly seeking on-field experience, sending institutes into a huddle for a long-term revamp plan.

    Some 65 representatives from vario US 30 B-Schools (including six IIMs) and some companies will meet at a conference on Friday to kick off what is termed as a process to decide the road ahead for management education in India. Roadmap that emerges from the conference will be shared with Indian B-Schools to help them reformulate their curricula,” says IIM-A faculty Vijaya Sherry Chand who is a member of the conference’s organising committee.

    via economictimes.indiatimes.com

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    Man Dressed As Stormtrooper Is Walking Across Australia For Charity

    Posted on July 20, 2011 by jayparkhe

    Man Dressed As Stormtrooper Is Walking Across Australia For Charity

    By EDW Lynch on July 18, 2011

    Man Walking Across Australia in Stormtrooper Armor

    Man Walking Across Australia in Stormtrooper Armor

    Man Walking Across Australia in Stormtrooper Armor

    photos via Getty Images

    Australian Jacob French is walking across Australia while wearing Star Wars stormtrooper armor. He’s traversing the 2,400 or so miles between Perth and Sydney to raise money for the Starlight Children’s Foundation, a charity focused on improving the lives of sick children. French is making quite a few friends along the way, including the local authorities (see the staged photo below).

    Man Walking Across Australia in Stormtrooper Armor

    photo via Jacob French

    via laughingsquid.com

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    UN General Assembly adopts resolution on happiness|chinadaily.com.cn

    Posted on July 20, 2011 by jayparkhe

    The United Nations General Assembly on Tuesday adopted a resolution on happiness, saying that this is critical to advance economic growth and social progress.

    Calling the “pursuit of happiness” a “fundamental human goal,” the resolution recognized that it was a universal goal, which is in the spirit of the UN’s Millennium Development Goals (MDGs) which are the internationally agreed on developmental goals.

    The resolution called on a “balanced approach” to economic growth that can lead to sustainable development, poverty eradication, happiness and well-being of the planet.

    It also invited the world body to “pursue the elaboration of additional measures that better capture the importance of the pursuit of happiness and well-being in development with a view to guiding public policies.”

    Lhatu Wangchuk, Bhutan’s ambassador to the UN, whose country was a co-sponsor of the resolution, said it was “inspired by the belief that we need to begin discussing a topic whose moment has come, at the United Nations.”

    “The draft resolution reflects this important spirit and invites them to elaborate additional measures that better capture happiness and wellbeing with a view to guide their public policies, ” said Wangchuk.

    He also said that Bhutun has offered to convene a panel discussion on the theme of happiness and wellbeing at the next session of the General Assembly, which will be held in September.

    via chinadaily.com.cn

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    Ministry-wise PIB releases

    Posted on July 20, 2011 by jayparkhe

     

    • Vice Chairman, Ndma Calls for Special Focus on Reproductive Health During Disasters
    • IES/ISS Exam 2010 Results Announced
    • Special Drive to Fill up Vacant Posts Of SCs/STs/OBCs/PWDs
    • Shri R.S. Gujral appointed Finance Secretary
    • Informal East Asia Summit (East) Education Ministers Meeting
    • Shri V. Kishore Chandra Deo assumes charge of office as Minister of Panchayati Raj
    • Shri Vilasrao Deshmukh Took Over as Minister of Science & Technology and Earth Sciences
    • India and US Towork on Frontline Areas for Focused Collaborative Research: Ashwani! Kumar
    • India Fully Committed to Combat Money Laundering and Financing of Terrorism: FM
    • 31 Proposals of FDI Amounting to ` 3844.70 Crore Approved
    • US Secretary of State Hillary Clinton Calls on Pranab Mukherjee; Both Leaders Decide to Further Strengthen India US Strategic and Economic Partnership
    • Auction for sale (Re-issue) of ‘8.07 per cent Government Stock, 2017,’ auction for sale (Re-issue) of ‘8.08 per cent Government Stock, 2022’ and Auction for sale (Re-issue) of ‘8.28 per cent Government Stock, 2027
    • Manuscript Resou! rce and Conservation Centres
    • Ancient Sites in Eran
    • Science Cities
    • Foodgrain Production Estimated at 241.56 MT
    • India Calls for Expanding Cooperation with the USA in Renewable Energy
    • Indo-US Dialogue on climate change to continue at Scientific, Negotiators and Ministerial Level
    • Shri Azad Launches Mass Screening Camps for Diabetes and Hypertension in Delhi Slums
    • Job Fest for the Differently Abled Inaugurate Tomorrow
    • Eight New Pilots to be Taken up to Develop Smart Grid in the Country
    • Waiver of approval of Central Government for payment of remuneration to professional managerial person by companies having no profits or inadequate profits
    • Dr. C.P. Joshi to Inaugurate National Register and National Transport Portal tomorrow

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    Digvijay Singh: The controversy king – Rediff.com News

    Posted on July 20, 2011 by jayparkhe
    Congress General Secretary Digvijay Singh
         Next

    Rediff Newsdesk
    Congress General Secretary Digvijay Singh is known for his penchant for making drastic statements. His readiness to wade into tricky situations is seen as a costly addiction as it often leaves the party red faced. Instances of Singh retracting his statements and the party distancing itself from them are innumerable.

    Rediff.com takes a look at some of the remarks made by the Congress leader that have raised quite a storm in political circles, the most recent one being on the Mumbai’s triple blasts.

    via rediff.com

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    Top 18 English mistakes desis make! – Rediff Getahead

    Posted on July 19, 2011 by jayparkhe
    .
    Prev     Next

    Incorrect: Could you please repeat what you said again?

    Correct: Could you please repeat what you said?

    The very word ‘repeat’ means to say something again. Similarly the word return means to give back. Therefore these words need to be used singly and not with other qualifying words, as that makes the phrase redundant

    via rediff.com

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    HR HEADLINES

    Posted on July 19, 2011 by jayparkhe
    Hiring Activities Likely To Slow Down In Sept Quarter
     
    Hiring during the July-September 2011 quarter is expected to be slow compared to the earlier quarters indicating stability in the employment market according to a survey by staffing firm, TeamLease. While the overall trends are likely to become more constant from the incremental changes seen last quarter, cities and sectors may not faithfully replicate these trends, the report indicated. But not all experts agree July-September quarter may not be as good the past quarters. According to the TeamLease survey, the growth rate of the employment outlook index remained flat, while there was a marginal drop of a single per cent point in the business outlook index growth rate. The report said that a few sectors displayed signs of correction. While IT and ITES dropped four per cent points each as a result of the dizzying growth rates in employment sentiment of the past few quarters, health and pharma displayed a recovery of five point recovery compared to the significant eight point drop it had experienced during the previous quarter, it added.
     
    Source : 15-07-11   Financial Chronicle   Compiled by www.naukri.com
    TCS headcount crosses the two-lakh mark in Q1
     
    Tata Consultancy Services (TCS) headcount surpassed 200,000 in the first quarter of 2011. This makes it the first Indian software services firm to cross the 200,000-employees mark. At present, TCS employs 2, 02,190 people after recruiting 3,576 during the three-month period.Gross hiring for the first three months was11, 988 mainly due to attrition, which increased to 14.8%. Seasonally, attrition in the first quarter is high because of employees leaving to pursue further studies and also possibly due to dissatisfaction among workers in the wake of the yearly appraisal, according to Ajoy Mukherjee, global head of human resources. TCS aims to recruit 20,000 new employees in the current quarter, out of which 50% will be campus hires while the rest will be experienced professionals, adds Mr. Mukherjee.
     
    Source : 14-07-11   Hindu Business Line   Compiled by www.naukri.com
    More IT firms open doors for non-engineers
     
    More and more IT companies are now recruiting non-engineer graduates in addition to engineers. Wipro had started the trend and now many firms, including TCS, Cognizant, ITC Infotech and HCL, are hiring science graduates,PGs and MCAs. The companies have divided a software engineer’s job into several parts, such as testing, technical support, coding and programming, which can be executed by non-engineers. At ITC Infotech, non-engineers are expected to comprise about 20% of its tech hires in 2011. About 35-40% of the fresh recruits at Wipro will be from non-engineering areas. C Mahalingam, executive vice president and chief people officer of Symphony Services, says that about 90% of the jobs in the top five software companies can easily be carried out by an MCA or an MSC in computer science. Engineers are required for jobs like embedded design, firmware and VLSI design, he explains.
     
    Source : 14-07-11   Hindu Business Line   Compiled by www.naukri.com
    Big Cinemas ropes in Ashok Ganapathy as CEO
     
    Reliance MediaWorks has appointed Ashok Ganapathy as CEO of its cinema exhibition division, Big Cinemas. Mr. Ganapathy will head the chain’s 550 screens across India, USA, Malaysia, Nepal and Netherlands. He joins from RPG Group’s retail arm, Spencer Retail. Prior to RPG, he spent 19 years with the Unilever Group in India and Vietnam.
     
    Source : 14-07-11   Hindu Business Line   Compiled by www.naukri.com
    Sandeep Soni takes over as Spandana Financial’s CEO
     
    Former Citigroup Managing Director Sandeep Soni took over as the Chief Executive Officer of Spandana Sphoorty Financial Ltd, a microfinance company. In a career spanning almost two decades, Mr. Soni has worked extensively in consumer centric segments, having managed products ranging from credit cards, mortgages, insurance to international FMCG brands.
     
    Source : 14-07-11   ibnlive.in.com   Compiled by www.naukri.com
    Aegis to enter UK offering 600 new jobs in Manchester
     
    Aegis, the global outsourcing services arm of Essar Group, today announced its plans to enter the UK and European markets for the first time, creating 600 new jobs in Manchester.The jobs will be at a new customer centre spread across 40,000 sq ft at the City Tower in Piccadilly Gardens in Manchester, expected to be operational later this year. Aegis will service a number of major blue chip clients from the centre. Aegis plans a further expansion across various countries in Continental Europe, where a number of additional customer service centres will be opened in the next two years. The company with over 50,000 employees across 50 locations globally, is entering the UK and European outsourcing market through an organic route.
     
    Source : 15-07-11   Business Standard   Compiled by www.naukri.com
    Global hiring surge seen in energy sector
     
    Trade Arabia reported that surging demand for oil and natural gas will see an influx in investment and rise in activity across 2011 creating an increase in global hiring. The joint report entitled The Global Oil & Gas Workforce Survey from OilCareers, the international jobs board for the oil and gas industry in association with partner Air Energi a global provider of manpower solutions to the energy sector, focuses on employment and salary trends in the energy sector. Expectations for hires and pay rates in the oil and gas industry address the issues likely to affect the oil and gas industry across the second half of 2011. While the great crew change remains high on the agenda the familiar focus on recruitment and retention will be joined by a third component, training. Emerging technologies and increasingly technical offshore and deepwater plays in relatively remote corners of the world will demand the very best of project teams and workforces. Companies are being encouraged to cooperate in the sharing of knowledge, resources and best practice as the industry enters a new era of energy production. Hires across Africa, the Americas, Asia Pacific, Australasia, Caspian, Europe and the Middle East are expected to increase with specific demand for LNG and engineering expertise most prevalent.
     
    Source : 14-07-11   Steelguru.com   Compiled by www.naukri.com
    Infosys to resume campus hiring in US
     
    Infosys, India’s second-largest information technology (IT) Services Company, has decided to resume campus hiring in the US as it plans to create a delivery structure there. Hiring of more local people has been necessitated since majority of its American clients are not comfortable sending work offshore. “We were of course experimenting with an extreme offshoring model. There are a few companies who are interested in that. They feel more secure and find it affordable having some people on site. This is a trigger for hiring more people on site,” said S Gopalakrishnan, CEO & MD.Infosys had stopped recruiting freshers in the US as its focus shifted to hiring more laterals (people with experience). Now, with a change in business demands, the company has decided to restart the campus programme. Infosys has 12,000-13,000 employees in the US which includes H1 and L1 visa holders. In 2010, Infosys had hired 1,000 local American. In the current year, Infosys intends to recruit around the same number. “We want to hire a mix of both laterals and freshers,” said V Balakrishnan, CFO.
     
    Source : 15-07-11   Business Standard   Compiled by www.naukri.com
    Kotak Investment appoints Shefali Shah as Senior Executive Director
     
    Kotak Investment Banking, a subsidiary of Kotak Mahindra Bank, said that it has appointed Shefali Shah as Senior Executive Director. Ms. Shah will head the Financial Sponsors Group (FSG) where she will spearhead transactions involving leading private equity and hedge funds. She will also oversee a number of large client relationships in the automobiles and auto components, engineering and industrials sectors. Prior to joining Kotak Investment, Ms Shah has worked with Rabo India Finance Limited, where she headed the M&A division.
     
    Source : 13-07-11   ibnlive.in.com   Compiled by www.naukri.com
    Fiat India appoints Enrico Atanasio as Senior VP of Commercial Operations
     
    Fiat India Automobiles Ltd has appointed Enrico Atanasio as the senior vice president of commercial operations. Mr. Atanasio will provide strategic leadership for all aspects of commercial operations, which include growth through product innovation, network excellence and developing Fiat brand in alliance with the company’s mission. Atanasio comes with over 20 years experience in the automobile and non-automobile sectors with some of the most reputed companies. His successful stints include General Motors Italia, Rover Italia and Fiat Group with sales and marketing being his primary responsibility.
     
    Source : 09-07-11   Infibeam.com   Compiled by www.naukri.com
    Kale Consultants Gets Board Members
     
    Mumbai based information technology solutions provider Kale consultants announced that Philippe Lesueur will be the new Chairman and Director of the company, replacing Narendra Kale. Philippe Lesueur is also the Chairman of Accelya Holding World SL headquartered in Barcelona, Spain and all Accelya Group companies worldwide. Vipul Jain will continue as the Managing Director of the company.
     
    Source : 09-07-11   Business Standard   Compiled by www.naukri.com
    Aditya Birla Finance hires CEO
     
    Rakesh Singh has been appointed by Aditya Birla Finance as the CEO. He will be responsible for the day-to-day management of the firm. Mr. Singh is joining the subsidiary of Aditya Birla Nuvo from Standard Chartered Bank.
     
    Source : 12-07-11   Deccan Herald   Compiled by www.naukri.com
    Infosys to recruit 12,000 in Q2
     
    Keeping up the hiring momentum, the country’s second largest software exporter Infosys said that it will hire about 12,000 people this quarter. The company currently has over 1.33 lakh employees. “We are looking at a gross addition of about 12,000 in our workforce and we are continuing with yearly target at 45,000 people,” Infosys CEO and Managing Director, Mr S. Gopalakrishnan, said. With the improving business sentiment and revival in IT spends, IT firms are stepping up hiring to meet demand for their services. At the beginning of the current financial year, Infosys had announced plans to hire about 45,000 people. Of this, about 26,000 offers have already been made in college campuses. During the first quarter, Infosys and its subsidiaries saw over 7,000 employees leaving. While the company and its subsidiaries hired 9,922 employees (gross), the net addition stood at 2,740 for the reported quarter. The company also gave a wage hike in the said quarter, which impacted margins to some extent.
     
    Source : 12-07-11   Hindu Business Line   Compiled by www.naukri.com
    Genpact takes over HR services unit of Nissan
     
    Genpact has acquired Japanese automotive company Nissan’s HR services unit. The BPO giant will assume management of NissanHuman Information Service (NHIS) based in Yokohama, Japan. The agreement includes taking over 100-200 employees currently offering HR services for Nissan.NHIS, a division of Nissan Motor, manages HR operations for over 54,000 Nissan employees globally. The alliance includes a seven-year contract which will enable Genpact to provide payroll, benefits, staffing, training and other key HR functions to Nissan. The shared services centre for HR, renamed as Genpact Japan Service, will immensely enhance Genpact’s onshore service delivery capability in Japan, adds Business Standard. The centre will also cater to Genpact clients and other companies, apart from Nissan and its subsidiaries.
     
    Source : 11-06-11   Hindu Business Line   Compiled by www.naukri.com
    US employment growth drops to nine-month low
     
    US employment growth ground to a halt in June, with employers hiring the least number of workers in nine months, dousing hopes the economy would regain momentum in the second half of the year. Non-farm payrolls rose only 18,000, the weakest reading since September, the Labor Department said. The unemployment rate climbed to a six-month high of 9.2 per cent, even as jobseekers left the labour force in droves, from 9.1 per cent in May.
     
    Source : 09-07-11   Business Standard   Compiled by www.naukri.com
    Bhavtosh Vajpayee is equity head of Barclays Capital India
     
    Barclays Capital, the investment banking unit of Barclays Bank, announced the appointment of Bhavtosh Vajpayee as its new managing director, head of equities, for India. He will be responsible for leading and developing Barclays Capital’s India equity research, sales and trading business. He will be based in Mumbai and will report to Mike Di Iorio, head of equities for the Asia-Pacific. Mr.Vajpayee joins Barclays from CLSA, where he was the head of technology research. He has also worked with JP Morgan.
     
    Source : 12-07-11   Financial Express   Compiled by www.naukri.com
    Mirae Asset AMC appoints Swarup Mohanty as Head of Sales
     
    Mirae Asset Global Investments (India) has announced the appointment of Swarup Mohanty as Head of Sales. Mr. Mohanty joins from Religare Asset Management Co. Ltd. In his new role, Mr. Mohanty would be responsible for Sales & Distribution at a national level.Announcing this appointment, Mr. Arindam Ghosh, Chief Executive Officer, Mirae Asset Global Investments (India) said, “We are pleased to have Swarup join us at this exciting juncture for Mirae Asset’s India operations to further intensify our asset gathering efforts backed by a differentiated business model, innovative products as well as strong channel partner engagements”. During his career span, Swarup Mohanty has been associated with Birla Life Asset Management, Franklin Templeton Asset Management, and Kotak Mahindra Asset Management Company Ltd. in sales function.
     
    Source : 14-07-11   Business Standard   Compiled by www.naukri.com
    Booming footwear industry offers good career
     
    As the footwear industry is expected to grow at an annual rate of 25-30% in the coming few years, it is likely to prove a good career choice. Footwear export is also shooting up and is projected to touch 400 million pairs an year over the next five years. This boom is partially due to shoes becoming popular as accessories rather than just being a necessity. Nowadays, the job opportunities in this industry are more than the candidates applying for the positions, says Jyoti Kohli, assistant director, Corporate Communication, Footwear Design and Development Institute, Noida, Uttar Pradesh. The footwear industry is currently experiencing scarcity of technically qualified managerial and supervisory employees.
     
    Source : 14-07-11   The Pioneer   Compiled by www.naukri.com
    IndiGo recruits 35 pilots from Kingfisher
     
    Air carrier IndiGo has reportedly been recruiting pilots from rival Kingfisher Airlines over the past 6 to 8 months. According to reports, IndiGo has so far hired 35 pilots from the rival airline. The hired personnel are said to be senior ranked, operating Kingfisher’s ATR and A320 fleet, reports added.
     
    Source : 08-07-11   India Infoline   Compiled by www.naukri.com
    Barclays admits cutting jobs in India
     
    Barclays Capital, the investment banking unit of the UK- based bank, and the company’s commercial banking division, are combining the teams that focus on servicing corporate clients in India, Clare Williams, a Hong Kong-based spokeswoman for Barclays said. The bank plans to axe 50 jobs in India as it narrows its focus on large companies there. The bank has just cut 25 jobs and will get rid of a similar number in coming months. Karan Bhagat, managing director and country head for Barclays Corporate, the commercial banking unit, will leave the firm, while Jaideep Khanna, managing director and head of investment banking, will lead the merged team, Williams said. The bank has 2,000 commercial clients including large Indian corporates, small and medium enterprises and Indian companies looking to grow overseas, according to its website. It employs 5,000 people in India.
     
    Source : 17-07-11   Reuters.com   Compiled by www.naukri.com
    Emirates Airline restructures India operations
     
    Emirates, the Dubai based International airline has appointed Sunil Kallyat as Regional Manager, Western India. Creation of this strategic position comes in wake of importance of India operations and ensuring better service standards. Mr. Kallyat will be based in Mumbai and will oversee Emirates’ Airport, Cargo, Engineering and Commercial Operations in Mumbai, Ahmedabad and Hyderabad comprising the Western India portfolio. This restructuring is expected to support Emirates’ growing India operations and help consolidate its leadership position in India. Combined, Emirates operates 66 weekly flights out of Mumbai, Ahmedabad and Hyderabad to Dubai.
     
    Source : 13-07-11   India Infoline   Compiled by www.naukri.com
    NASSCOM HR Summit 2011: What is in it for you!
     
    You always need a reason to indulge. So when we are requesting for your time to attend the NASSCOM HR Summit 2011 at Le Royal Meridien, Chennai between July 27 & 28, we are conscious that there has to be enough value. Here’s what there is in it for you: Deep dive sessions on topics like Renaissance: Does HR recognize the New Normal?; Tailoring HR to individual employee expectations & motivation; How much Attrition is too much?; Retaining vs fresh Hiring?; Developing leaders through connection, conversation and contemplation. Enjoy the Soft keynote on Mind Alchemy & Unlocking the Power of Your Mind. Join us at the Masterclasses on If it is so Clear What Great Companies do to Develop Leaders, Why Doesn’t Everyone Do It? Be Effective in a boundary-less world; Is your organization fully charged: How to create more productive energy in your organization?, Seven Tall tales of Talent Management. Listen to Key International Speakers: Brian Forthyte, Group CEO, TWC Group Steve Atchitson, Author and Personal Development Trainer, David Smith, Managing Director-Talent & Organization Performance, Accenture, Denis Brousseau, Global Leader, IBM Global Business Services, Pam Boiros, Vice President, Product Management Books24x7, SkillSoft, Pat Milligan, Senior Partner and President, Mercer’s Human Capital Business, Richard Payne, Practice Leader, Human Capital, Asia Pacific, Aon Hewitt, Singapore , among others. For more details, please visit
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    Next Level Blog

    Posted on July 19, 2011 by jayparkhe

    The president of the Greenleaf Center, Larry Spears, has identified ten characteristics of servant leaders.  Having been immersed in all things Potter in my house for the last ten years, it seems to me that Harry embodies all or most of them. Here they are:

    • Listening
    • Empathy
    • Healing
    • Awareness
    • Persuasion
    • Conceptualization
    • Foresight
    • Stewardship
    • Commitment to people’s growth
    • Building community

    As you watch Harry Potter in his last movie, look for those characteristics of a servant leader.  My guess is you’ll see them. Perhaps those qualities are one reason the books and movies have been such a phenomenon. People want to be around and be led by people who embody those traits.   Maybe we see in Harry what we hope or would like to see in ourselves. Maybe the magic was not so much in the wand and the spells as in the way Harry led others. If that’s the case, all of us muggles may actually have a shot at being leaders who make a difference. It just comes down to our motivation and how we act.

    What do you think?

    via scotteblin.typepad.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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    20 years of reforms: Montek Singh Ahluwalia’s view – India News – IBNLive

    Posted on July 19, 2011 by jayparkhe

    Click to play video

    In 2011, India’s Foreign Exchange Reserve stands at $315.72 billion, but 20 years ago, in 1991, the foreign exchange reserves were barely a billion dollars and FDI was almost non-existent.

    In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments.

    India’s fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments deficit was huge.

    The Government had to choose between continuing with its populist socialist economic structure or pursuing reforms at the cost of public anger. The then prime minister PV Narasimha Rao and finance minister Manmohan Singh chose the second route.

    It’s been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship.

    “India is on the move again, we shall make the future happen. As the poet say sarfroshi ki tamana ab hamari dil mien hai dekhna hai zor kitna bazuaii katil mien hai (We are ready for sacrifice, let’s see how much hardship we can endure),” Singh had said while presenting his Union Budget in 1991 that signalled the beginning of economic reforms.

    CNN-IBN talked to people who worked with economist Manmohan Singh and those who watched the two decade journey of India.

    Expressing his views on 1991 Budget, Deputy Chairman of Planning Commission Montek Singh Ahluwalia said:

    – Manmohan Singh quoted Victor Hugo stating that the idea of India as a country that is ready to take off has come. That set the tone of the budget

    – It was time to embark on a broad range of issues

    – It was not just a budget but a signal that we are going to do things differently from what we have been doing so far

    What worked:

    – The focus of the budget was to achieve higher growth rate

    – In the 90s India’s growth rate was 5.6 per cent on an average but now for the past five years we have been averaging a growth rate of 8.2 per cent – that has been a big achievement

    – India is the fastest growing country after China

    What did not work:

    – Less success in making growth more inclusive

    – 50 per cent of the population is dependent on agriculture and in the last 10 years agriculture growth rate has gone up from 2 per cent to 3 per cent but it should have reached 4 per cent

    – Education and health indicators are also lagging behind for rapid and sustainable growth

    – Could have done better in health and education sectors

    Achievements:

    – We managed the balance of payment without import control

    – There was a lot of apprehension, in fact 1991 we were faced with a balance of payment crisis but we managed the macro economic situation

    – In the past 20 years we have had many problems but the one problem that we have not had is that of balance of payments

    #20 years of reforms #economic reforms #Manmohan Singh #Montek Singh Ahluwalia #PV Narasimha Rao
    via ibnlive.in.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
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    Better is Still Better.

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    How to Break the Rules at Work — And Still Succeed | BNET

    Posted on July 19, 2011 by jayparkhe

    Follow this process:

    1. First, follow all the rules. You’re new.  You don’t deserve to be different.  Follow every rule, written or unwritten.  Show you can and will fit in.
    2. Prove yourself. Work extremely hard.  Build relationships.  Achieve great things.  Be indispensable.  The more your employer (or, for that matter, your customer, if you own your own business) needs you, the more you can eventually stray from certain rules.
    3. Stay late. But don’t get to work late; come in at 9 a.m.  Find a good reason to stay late, a reason that can be repeated. Maybe you need to call customers in other time zones.  Maybe generating a report after the close of business makes sense.  Maybe you need production to be idle before you experiment with a new process.  Don’t stay late because you are or want to appear overworked; stay late because you plan to do something that can’t be done during normal work hours.  Above all, make sure what you stay to do benefits the company, not yourself.
    4. Then do it again. And again.  Show you are willing to sacrifice and go the extra mile when it benefits the company and others.
    5. Ask to change work hours, but just for one day. Explain why.  Show how staying late paid off for the company the last few times.  It should be easy, especially if you can describe tangible results.
    6. Go back to coming in on time and staying late a couple more times. Again, show you’re willing to sacrifice to get results.
    7. Ask to change work hours for one more day. This time it will be really easy. Everyone, including your boss, will have grown accustomed to you working late, and have had time to realize that coming in late isn’t a problem.
    8. Now for the clincher:  Tell your boss you’ll be coming in late because you will stay late. That’s right:  Don’t ask, tell.  But in a nice way.  Say, “Hey, I’m going to come in at noon tomorrow because I’ll be staying until at least 8 p.m. to run those reports….” Say it like it’s no big deal, nothing out of the ordinary, just smart business as usual.  If your boss nods distractedly, you know you’re in.  Then slowly extend the habit so it truly does become business as usual.
    via bnet.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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    Good Bye 25 Paise Coin. – Courtsey Pravin Shitre

    Posted on July 19, 2011 by jayparkhe

    Evolution of the 25 paise coin  

    No longer, it is a legal tender: The road has finally come to an end for the humble 25 paise coin. The Reserve Bank of India has withdrawn from circulation coins of 25 paise and below from June 30, 2011. We trace the history of the 25 paise coin from the British era to contemporary India.

    1.jpg

    1830s: The first of the quarter rupee coins were issued in India during the reign of William IV. The coins were made of silver.

    2.jpg

    1840s: The longest reigning monarch of the United Kingdom, Queen Victoria also held the title of the Empress of India. During her reign a number of quarter rupee coins were issued. Soon after her ascent to the throne, a silver quarter rupee coin was issued in India. The coins featured the bust of a young Queen Victoria. She was made the queen soon after her 18th birthday

    3.jpg

    1870s: The coins issued later in Queen Victoria’s reign had a more mature looking bust of the queen. The one-fourth rupee coins were made of silver.

    4.jpg

    1890s: While Queen Victoria was adding to her years in real life, she also put in a bit of weight on the her image on the coins.

    5.jpg

    1900s: The new century also witnessed a change on the British monarchy. Following the death of his mother Queen Victoria, Edward VII was crowned as the King of the United Kingdom and also as the Emperor of India. All new coins issued during the time bore his name and face.

    6.jpg

    1910s: A new design of coins were introduced in 1919 that sought to replace the existing silver quarter rupee coins. The new equivalent of the quarter rupee coin was the 4 aana coin, that was made from cupro-nickel instead of silver. The rising silver prices following the First World War necessitated this change. These coins had the effigy of King George V.

    7.jpg

    1920s: George V was crowned the King in 1910. He was also the first reigning British Monarch to tour India. The 4 aana coins introduced in 1919 didn’t gain popularity and soon the quarter rupee coins had to be brought back.

    8.jpg

    1930s: King George VI was the last of the British monarchs to rule over India. His predecessor Edward VIII abdicated the throne in order to marry divorced American socialite Wallis Simpson. There were no coins issued for Edward VIII. While coins of other denominations went for a design change, the quarter rupee coins continued, with only a new monarch replacing the old.

    9.jpg

    Early 1950s: Following the Independence of India the currency system continued with the British series of coins till the establishment of the Indian Republic. The first coins of independent India were introduced on August 15, 1950 and it included the quarter rupee coin made of nickel. The coins had the words ‘char aana’ embossed in Devnagri script and had the Ashoka Emblem on one side.

    10.jpg

    Late 1950s: Another major landmark in the history of the 25 paise coin happened following the introduction of the decimal series in accordance with the Indian Coinage Act that came into force from April 1, 1957. The 19 mm 25 paise coins were called ’25 naye paise’. The tern ‘naye paise’ was used for wider public recognition of the new coinage system and was discontinued from June 1, 1964 when the term ‘naye’ was dropped. The coins weighed 5 grams and were made of nickel.

    11.jpg

    1970s: By the late 1960s, Indians had become used to the new coinage system. The text ‘rupaiye ka chautha bhag’ (one fourth of a rupee) was also replaced by 25 paise. While other coins of lower denominations underwent a major change and moved to aluminium, the 25 paise coin didn’t change much.

    12.jpg

    Late 1980s to the 2000s: In 1988 the 25 paisa coin went steel and was made of ferratic stainless steel. It was a little heavier than its predecessor at 2.83 grams but was of the same size. The last 25 paise coins seen in popular circulation were minted in the year 2002.

    13.jpg

    A new symbol: In July 2010 the Government of India unveiled the new symbol for the Indian Rupee and designer D Udaya Kumar also designed a new symbol for the paise. But with the 25 paise going out of circulation we are unlikely to see the image below anywhere.

    14.jpg

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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    India v. China: A Showdown Amid Slowing Auto Growth | BNET

    Posted on July 19, 2011 by jayparkhe

    It’s a little like the story of the tortoise and the hare. China has been the world’s automotive rabbit, sprinting ahead and getting all the attention (its domestic market is also twice as big as India’s — 8-9 million passenger vehicles versus about 4 million). India has plodded along and struggled to deal with its inferiority complex, created because its democracy doesn’t allow for full-on command-and-control economic planning.

    via bnet.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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    China’s Economy Is So Bad Even the Rating Agencies Are Telling the Truth | BNET

    Posted on July 19, 2011 by jayparkhe

    Things are so bad in China even the ratings agencies are telling the truth. Separate reports from Fitch and Moody’s point to the likely fraud and accounting irregularities at Chinese companies.

    The reports underline the already dubious reputation of China’s business practices. Fitch specifically says the companies suffer from “the overall Chinese framework of an under-developed legal system and documentation standards, distinct business practices and weak corporate governance.” Translated from expert to human that means: “Enron looks good by comparison.”

    Fitch generally rates Chinese corporates at “BB” and below while it puts state-owned and state-supported companies at investment grade and up. Which you’ve got to figure means they are even worse. These are the agencies which were giving AAA ratings to credit default obligations after Bear Stearns became road kill.

    All this fraud comes on top of economic conditions every bit as sturdy as a marshmallow dropped in a campfire. Consider that China’s billions of dollars in local debt is backed by collateral that is overvalued, may be hard to sell and, in some cases, doesn’t exist. (Sound familiar?) Bloomberg points to a 30,000 seat sports complex being built in one city.

    via bnet.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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    7 Perks Every Leader Should Eliminate Today | BNET

    Posted on July 19, 2011 by jayparkhe

    Here are seven that need to be eliminated today:

    1. Trips with vendors and suppliers. In many industries the “vendor fishing trip” is a time-honored tradition. Forget tradition — stop accepting. Why put yourself in a position where influence could be implied? Besides, your employees don’t get to go, so why should you? A great vendor doesn’t provide tickets to a ballgame or a fancy meal; a great vendor provides excellent service and quality products at a great price.  Caveat: If the vendor agrees, you could put all employee names in a hat and draw a few lucky winners at random.
    2. Reserved parking spaces. You don’t need to park close to the front door. A little rain won’t hurt you.  Caveat: The only time reserved spaces make sense is when they are reserved for employees who work late at night and go to their cars alone. (And if your parking lot is potentially dangerous during off hours, make sure you do more than set up reserved spots to make it safe.)
    3. Different lunch or break areas. Think the executive lunch area is a bygone relic?  Nope. In the last year I’ve seen six. Use the space for another purpose and get out and mingle. And when you do, don’t sit at a table with your peers. Always sit with the rank and file; you spend enough time with the other managers as it is. (In fact, your rule should be “No more than one manager or supervisor at a table.”) Caveat: Maintaining different lunch or break areas based on geography or employee convenience is fine, but make sure your area is no nicer than any other area.
    4. Different doors. Okay, so you have a master key that opens all doors. And it’s really convenient to enter the facility through the side door. But if no one else can use that door, you shouldn’t use it either. Caveat: If entering through a specific door has a tangible business purpose, like carrying in equipment or supplies, that’s fine. If only because you’re “special,” no.
    5. Offices with doors. Don’t take the door off its hinges, but do leave it open except during confidential discussions with employees. Your office is just another tool that supports your job function; it should not shield you from employees. Caveat: I know sometimes you need peace and quiet to complete a project; just do so sparingly.
    6. Meeting refreshments. Is it customary to get bagels and beverages for a meeting? Fine — but who pays? If the company pays, stop. Managers have a lot more meetings than employees, and you would be surprised by how many employees think, “Oooh, it’s bagel day again… must be nice…” Besides, if your meetings run so long you need nourishment to keep going, you have an entirely different problem.  Caveat: If you are meeting with employees, providing refreshments is very cool.
    7. Leaving the facility during the work day. I know you work long hours and shoulder tons of responsibility. It’s only fair if you run out to a doctor’s appointment during work hours, right? If your employees can do likewise, without penalty, fine. Otherwise no. When you arrive late or leave early or flit in and out of the building during work hours… and others don’t enjoy the same discretion and freedom… all you do is prove that standards are applied very differently. Caveat: No caveat. Nothing irritates an hourly employee more than watching a manager “run out for a couple hours.”  Trust me.
    via bnet.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
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    Head of Scotland Yard resigns amid hacking scandal; Rebekah Brooks is arrested – The Washington Post

    Posted on July 18, 2011 by jayparkhe

    Britain’s roiling phone-hacking scandal continues to reverberate deep inside this nation’s power structure, with the head of Scotland Yard, Sir Paul Stephenson, resigning Sunday only hours after Rebekah Brooks, the former chief executive of Rupert Murdoch’s British operations, was arrested.

    In a stoic appearance before the news media, Stephenson — Britain’s most senior police official — said he was offering his resignation in light of “ongoing speculation and accusations” relating to his force’s links to senior members of News International, the British division of Murdoch’s News Corp.

    via washingtonpost.com

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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    Traffic rules to be taught in schools, Shri Narendra Modi launched the project | www.narendramodi.in :

    Posted on July 18, 2011 by jayparkhe

    The animated book launched will be taught to children, serving as a teaching aid for traffic rules. Nearly 247 schools in Vadodra are going to have a traffic period once a week. School children will be taught traffic rules in an enjoyable way. TAC will prep one teacher from each school. After that on any day of the week the students can be taught about traffic rules by the teacher. Nilesh Shukla, an officer with TAC said that the syllabus for the traffic book for children from 1 to 6 standards was done in the Adult Education Department of the MS University. The syllabus is of 20 hours. 247 teachers in charge of 1 standard in different schools will be taught. The students from 1 to 6 standards will be taught in an enjoyable way. It is believed that the students of 8 to 11 will be taught in the second phase

    via narendramodi.in

    ΨCSuiteMentor© ØMSME ⊕Startup ΘEnterpriseMentor ϖProBonoAdvisor βPolicy φPolitics ⊕Strategy ∅Thinker ϕArtistHelping Leader to Do Better, Still Better.
    To be the best, you have to Beat the Best.
    Better is Still Better.

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