Job Market Monitor
India
UPDATE – Indian Brain Drain | A law to curb it is coming
Compulsory Brain Drain : Indian Doctors should come back after Higher studies in the US | Asian Correspondent Any doctor who is going to the US for higher medical studies will have to sign a bond with the government that they will return back after their studies. Universities across the US will ask for this … Continue reading
Indian Brain Drain | A law to curb it is coming
With doctors increasingly preferring to migrate to greener pastures abroad, the Government is in the process of tightening of norms to curb this disturbing trend that has left the Indian medical system ailing. Health Minister Ghulam Nabi Azad on Monday said that the Ministry is working to make the laws stringent wherein any doctor going … Continue reading
LinkedIn | India just behind the United States
Social networking site LinkedIn’s Indian user base has grown 300% in the three years it has had a marketing presence in India. The firm, today, has about 14 million users from India, which has quickly become its second-largest market globally, bigger than China and only behind the United States, according to Jeff Weiner, LinkedIn’s chief … Continue reading
Sony to hire 500 people in India
In contrast to its loss making Japanese parent, Sony India today said it is registering “healthy profit” and even plans to increase its headcount by 500 people in the current financial year. “The situation in India is different from the other global markets, where Sony is witnessing pressure. We are having strong growth and healthy … Continue reading
India | TCS to hire 50,000
Buoyed by good momentum, IT major Tata Consultancy Services (TCS) on Monday said it will hire 50,000 people in FY’13. “TCS is well prepared to achieve balanced growth across the industries and markets it operates in FY’13. In view of good momentum, we are targeting to hire 50,000 people this year,” TCS CEO and MD … Continue reading
India-based Embassy | IT park in Serbia will create 15,000 jobs
An Indian group will build an IT park in Serbia with an estimated investment of 600 million euros ($788 million). Serbian Prime Minister Mirko Cvetkovic and Jitendra Virwani, chairman of the India-based Embassy Group, Thursday broke ground for the construction of the IT park. Cvetkovic said that the 25,000 square meter facility in the town … Continue reading
India | Five realities of a teacher job
Here are five common misconceptions about teaching that students sometimes have: MYTH #1: Teaching is not a dignified profession MYTH # 2: Those who can’t do anything, teach MYTH #3: Teaching is very easy and doesn’t require much skill MYTH # 4: If you went to school, then you know how to teach MYTH #5: … Continue reading
India | Infosys to cut in pay after salary freeze
Infosys will tell restive employees angry about a salary freeze that it will make steep cuts to their variable pay for the January-March quarter, risking an exodus of talent to greener pastures. India’s second-largest software exporter, which missed its revenue guidance for the final quarter, has decided that most of its employees will get only … Continue reading
Immigrants’ lack of economic success | Skilled immigrants do not communicate the realities back home
Skilled immigrants are often the first in their family to come to Canada, and they come alone, said Walsworth. “They’re incredibly brave” but they appear not to be communicating the realities of life, including the challenge of finding employment in their chosen field, with friends and family in their home country. In an effort to … Continue reading
India | Reverse Brain Drain | Who’s Coming Back and Why?
India’s faltering growth may be disappointing, but it’s still much more rapid than the continued stagnation of the U.S. economy. In certain fields, at least there are still opportunities to be seized in India by those with a taste for adventure. Labor economists call this kind of migration the “reverse brain drain.” Ironically, the migrants … Continue reading
India | Textile sector loses 100,000 workers to NREGA in 5 years
The country’s biggest man-made fibre industry in the city, which contributes to about 40 per cent of the nation’s man-made fabric demand, is facing an acute shortage of workers. A huge chunk of skilled workers from states like Bihar, Uttar Pradesh, Orissa and Andhra Pradesh employed in the weaving and processing sectors have shifted to … Continue reading
China | $2.4 bn deal will create more than 10,000 jobs in India
Power Construction Corporation of China said on Friday it had signed a $2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity. The second phase of the project for India’s Infrastructure Leasing & Financial Services Limited (IL&FS) will include … Continue reading
India | Infosys to hire 35,000
Country’s second largest IT firm Infosys on Friday said it will hire 35,000 people this fiscal, including 13,000 for its BPO operations. “We are going to add 35,000 more people next year, which includes 13,000 people for the BPO operations,” Infosys Member of the Board and Chief Financial Officer V Balakrishnan said. Infosys and … Continue reading
UK | Moving From India | New BT call centre to bring 300 jobs to Accrington
THREE hundred jobs are to be created after BT announced that it is to open a new call centre in Accrington. The new call centre will be based at the Globe Centre, in St James Square. It comes after US-based outsourcing company Sitel, which handles online holiday bookings for Expedia, announced six months ago it … Continue reading
India | MBA degree and employability
During current times wherein B-school education is undergoing a tremendous change in India, over 3,50,000 AICTE (All India Council for Technical Education ) approved MBA seats have mushroomed in India alone. While some may perceive it as a positive move, the reality is, the quality of education offered at a major chunk of these … Continue reading
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