Latest News Feeds
Proposal to reward better performance forwarded in Lok Sabha - August 31, 2012
Minister of State for Personnel V Narayanasamy told Lok Sabha that the government has accepted the proposal to provide performance based incentives to Central Government employees as per the recommendations of the Sixth Pay Commission.
PSU Banks in a drive to improve employee performance and engagement - August 31, 2012
PSU banks such as SBI, IDBI, PNB are facing a shortfall of leadership skills and talent availability which puts them behind by almost 4-5 lakh worth of manpower.
FDI reforms may increase job opportunity in India - September 30, 2012
FDI reforms in India are expected to create about 10 million jobs in the next 10 years as MNCs will enter the country through foreign investments, creating a demand for profiles in sales and marketing, customer services, back end logistics, etc.
Notwithstanding sagging car sales, auto sector may increase hiring - September 30, 2012
In a survey by job portal Naukri.com, 65% of auto companies have responded saying that they will continue hiring, while 11% said that they would stop hiring and 5% said that they may evict employees.
'Himayat' scheme to offer jobs to 7000 youths - September 30, 2012
The ‘Himayat’ scheme is a central-sponsored initiative aimed at employing school and college dropouts as well as those coming from financially weak backgrounds.
PF interest rates yet to be finalised for the year 2012-2013 - October 1, 2012
Provident Fund interest rates are announced every year before the Financial year begins so that its 5 crore contributors can take appropriate investment decisions.
No restrictions on remuneration of executives with 0.5 % stake in the company - August 23, 2012
If Companies were making losses or low profits that fell under the purview of Company’s Act, they could not provide remuneration exceeding Rs. 4 lakh/month nor could they remunerate those related to directors and promoters without government’s approval.
Venture Capitalist Investments can generate 4 crore jobs next 10 years - August 27, 2012
A Planning Commission Expert Group reported that Venture Capital Investments can give rise to about 4 crore job opportunities in India.
Expenses on maintenance, repairs, and renovations in company-leased appartments no longer taxable - August 28, 2012
As per the verdict on 17th August, to Scott R Bayman (then CEO of GE India) who excluded the value of taxable perks in FY 1993-94, employees living in companies’ flats can exclude expenses on their flat’s maintenance and repairs from Income tax payments.
Surge in early PPOs to IIT may point towrds a growing demand for jobs - August 28, 2012
Pre-placement offers begin to find freshers from July-August onwards and last till October-November. Companies like Microsoft, HUL, Goldman Sachs, Reliance Industries, Abode, Schumberger, etc have given out PPOs to 260 IIT students.
Ageing workforce would create shortage of manpower in Oil and gas sector - April 2, 2013
34% of mid-management level staff Oil and Gas sector would be retiring soon and there is not enough skilled labour to fill positions.
60% companies value working mothers as an asset - April 2, 2013
According to a TimesJob survey, 60% of Indian companies value working mothers in their organization and the industry is now changing their bias towards women’s ability to balance work and family.
Standing Committee making many changed in tax incentives to employees - April 3, 2013
The government would be bringing many changes to the tax structure from increasing basic exemption limit from 1 lakh to 2 lakh, Savings incentive from 1 lakh to 1.5 lakh, 800 for transport allowance, 15000 for medical expenditure and medical insurance for family each, 12000 for school fees.
Ashok Gulati raises concern over farm income and needs to create non-farm jobs - April 3, 2013
In a meet in CCi, Ashok Gulati said that the average income from farm jobs is 10000 while the average non –farm income is 80000.
NSSO releases data on vocational training preferences - April 4, 2013
Rural youth enrolled for vocational training, instituted by the government to skill people for manufacturing jobs has 18% of them wished to learn driving and motor mechanics’ skills. 17% wish to have computer skills and 26% of the women wished to learn textile skills.
Government’s drive to employ backward classes fails - April 4, 2013
PM Manmohan Singh had issued a directive 6 years ago to fill 75000 vacancies by offering the positions to those from SC, ST, OBC and disabled categories.