Friday, October 31, 2014

Movies can motivate you to do better

Movies can motivate you to do better

When you are feeling depressed, sometimes watching a movie that signifies triumph over adversity can help put your studies back on track


‘Just a few weeks to go before the exams and unable to summon up enough energy for even picking up a reference book from the library.’ If this line from a social networking blog describes your state of mind, maybe its time to do something out of the box.
Movies are generally seen as distractions to study and usually the first items on the ‘hit list’ when exams are near. However, the right movie can actually shake you out of that mind-numbing stupor and move towards study books again. By inspiring one to do better, movies can actually (believe it or not) be leveraged as a motivational tool.
However, this does not mean that depressed students have carte blanche to watch any and every movie for the purposes of ‘getting inspired.’ The movie has to necessarily be one that will show a person taking on overwhelming odds and emerging on top through sheer dint of hard work.
When the mind has totally given up and is resigned to losing an academic year watching a movie that signifies triumph over adversity can help put your studies back on track. If nothing else, it will spur you on to prove a point to the world about your capabilities.
When in this state of mind, study only with those who are in a similar situation. Being with bragging scholars will only make you feel worse!

Top student motivating films
-    Gladiator
-    The Pursuit of Happyness
-    Good Will Hunting
-    Good Boy Bad Boy
-    Jo Jeeta Wohi Sikandar


Get inspired by reel life stories



Good Will Hunting
Written by Ben Affleck and Matt Damon and starring them in key roles, Good Will Hunting is about an unrecognised genius who is forced to see a therapist and study advanced mathematics in order to avoid jail time for assaulting a police officer. The character of his girlfriend, played by Minnie Driver, struggles with mathematics assignments. When he offers to quickly solve them for her in a few minutes so that they can spend more time together, she points out that it wouldn’t be right. The scenes set at Harvard where the professor posts a difficult problem taken from algebraic graph theory as a challenge for his graduate students to solve, and the eager students accosting him on a holiday to ask who solved it, are memorable.

Good Boy Bad Boy
A Bollywood remake of 'Class Act', Good Boy Bad Boy has Raju Malhotra (Emraan Hashmi) and Rajan Malhotra (Tusshar Kapoor) who are poles apart. Raju is poor in studies but good in sports, Rajan is a brilliant student but a zero in extracurricular activities. The new principal divides the students according to their merit. Raju falls for a girl in A-section and swaps his place with a hesitant Rajan who enters C-section. The principal decides to teach them a lesson by sending their names to a quiz and dance competition. How they accept the challenge and emerge triumphant forms the crux of this movie.

Jo Jeeta Wohi Sikandar
The backdrop of Jo Jeeta Wohi Sikandar is the sports competition between students of various colleges. The highlight is the marathon cycle race at the start and end of the movie. The character of Sanjay Lal Sharma (Sanju) essayed by Aamir Khan is shown to be a carefree youngster who is full of himself and takes all aspects of life, including studies and sports casually. When his elder brother, the college sports champion has an accident and is hospitalised, Sanju becomes more responsible and decides that he will participate in the race and give it his best. The intense preparation within a limited timeframe and sheer effort during the race is truly inspiring.

the Pursuit of Happyness
A biographical drama, the Pursuit of Happyness features Will Smith in the role of Chris, an on-and-off-homeless salesman. A chance meeting earns him the chance to become an intern stockbroker. As an intern, he develops a number of ways to make phone sales calls more efficiently. He also reaches out to potential high value customers, defying protocol. Concluding his
internship, Chris is offered the position. The epilogue reveals that Chris went on to form his own multi-million dollar brokerage firm.

Gladiator
Russell Crowe portrays the fictional character of loyal Roman general Maximus Decimus Meridius. Reduced to slavery, he rises through the ranks of the gladiatorial arena. Forced to fight for his life, Maximus proves a fierce contestant. He reaches the prestigious Roman Colosseum. He later wins against the undefeated gladiator Tigris, as well as tigers released in the arena.

Wednesday, October 29, 2014

THE GOLDEN RULES TO MAKE THE MOST OF YOUR FIRST 90 DAYS AT WORK


90 first days and 9 rules





HERE ARE THE GOLDEN RULES TO MAKE THE MOST OF YOUR FIRST 90 DAYS AT WORK 

 

College or campus life for everybody has a uniqueness about it. It varies for individuals, based on their personalities, traits, talent and other attributes that lead to all sorts of experiences and learning. Till the interview process, life pretty much remains the same ­ unique and uncomplicated. But, the first step into the first corporate office and the biggest noticeable difference is that everybody is the same with the same environment and behavioural experiences.Suddenly , pressures seem to get heavy , deadlines mount and making friends is not that easy anymore. While there are no exams as such, everyday and every moment is a test of skills and personality on the whole. This transition can be very difficult to adapt to.However, planning in advance for the transition by taking into account one's personal goals and ambitions can help to make the process smooth and cope with the stress. While this might sound very difficult, it boils down to good planning and certain simple rules that are applicable for each and everybody .

Interestingly , the first 90 days of any transition in the corporate world are the most crucial for a professional. It is the make or break phase. As a fresher, it is important to be careful about basic etiquette such as punctuality , listening and observing capabilities, following professional ethics, sticking to deadlines and readiness to learn. Professional ethics entails simple aspects of the corporate culture; for instance, do not barge into the employer's room as you would do with a friend or even a teacher.Also, avoid office gossip or politics at all costs. And if you do happen to be present in a gossip conversation, better listen than offer a point of view.

Here, a few strategic rules that can help you not only adapt to the job but also stand out as a suitable and well-groomed professional:


1. Develop the right attitude: The right attitude for a young professional is to be optimistic at all times. This motivates you to face the demanding environment and career challenges.Impervious to the surrounding pressures, your attitude should be to keep moving forward and tackle any obstacles en route;


2. Limit expectations: Negativity or disappointment sets in when we over-expect. Do not over-expect from the job profile, remuneration or other responsibilities. This is the difference between success and setbacks;


3. Make a good first impression: Unlike in college, first impressions matter a lot in an organisation. It determines how your future work relationship with the concerned individual would be and in an organisation, you don't get enough time to set things right later. Traits of dedica tion and accountability in the course of work would help in achieving this;


4. Build cordial relationships: Ultimately , it is about people you deal with in the corporate world who have also been or are in the same shoes as you. Therefore, it is necessary to build empa thetic and intuitive relationships with superiors, peers and other employees;


5. Be a good follower: As a fresher, one needs to be a good team player, adhere to the rules and regulations and learn fast;


6. Explore the culture: Work cultures differ with organisations. Utilising the first few days to understand the culture, the people, the scope of the organisation and how the business works will help you become a knowledgeable and mature professional in the future;


7. Develop work expertise: An absolute necessity is to master the skills and knowledge on what you have been hired for as ultimately it allboils down to work;


8. Build up organisational understanding: Developing a better know-how of the organisation helps in getting more connected and becoming an important part of the team. It helps in having meaningful conversations in the office that portray your personality;


9. Be professional: A professional is not only determined by technical skills or knowledge base, but also the ability to stay focused and emotionally stable at all times. The stress or complexity of the situation should have no bearing on the behaviour of the per son. Fresher employees displaying such profes sionalism are sure to score an ace among peers and superiors.


Being a newcomer, one's career begins with learning new things and plugging the gap between tech nical skills and soft skills. Making this transition successful is a very exciting and landmark step in life that warrants ut most care. The author is senior VP, talent management, ITC Infotech


Jobs in EVersendai Constructions Pvt ltd

Jobs in EVersendai Constructions Pvt ltd

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Job in IDBI Bank

Job in IDBI Bank

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Jobs in Saudi Arabia

Jobs in Saudi Arabia

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Jobs in Balaxi Dubai


Jobs in Balaxi Dubai



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Jobs in Saudi Aramco

Jobs in Saudi Aramco

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Jobs in Chemizol

 Jobs in Chemizol

hrd@chemizol.com

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Jobs in BECHTEL


Jobs in BECHTEL
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Thieves tunnel into bank, loot crores

Thieves tunnel into bank, loot crores



A group of thieves decamped with cash, jewellery and valuables from 77 lockers after digging up a 100 ft tunnel to break into a Punjab National Bank branch at Gohana in Haryana's Sonepat district. The robbery came to light on Monday morning when bank manager Devender Malik opened the bank's strongroom at 10am and found it broken. At least Rs 40 lakh cash was missing from it.
Sources said the robbers had broken 77 out of 360 lockers at the bank. The losses are estimated to run into crores.
The thieves chose an empty , disputed house to start their digging for the tunnel with 2.5 ft circumference. They had been digging for days and knew the exact location of the strongroom and lockers.
Preliminary investigations suggested the robbers chose a Sunday to strike since the area remains deserted over the weekend.
Police said the strongroom had an ordinary covering unlike other places, where locker rooms have at least one ft concrete covering with a thick iron sheet.“We have constituted teams to crack the case at the earliest,” said Sonipat SP Arun Nehra. He blamed the bank authorities for not following proper norms mandatory for the storage place where lockers are kept.The branch is one of the oldest in Gohana and has nearly 35,000 account holders with saving deposits of about Rs 125 crore.
Bank officials have asked clients, whose lockers have been broken into, to provide details of their contents.A special investigation team has been set up to probe the robbery for which the robbers apparently drew inspiration from Bollywood's “Dhoom” series films.




Job in sales


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Job in sales

Jobs in Hinduja Hospital


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Jobs in Hinduja Hospital

Jobs in IndiaMart.com

Jobs in IndiaMart.com

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Jobs in Om Jewellers Pvt. Ltd.


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Jobs in Om Jewellers Pvt. Ltd.

Jobs in Dombivali Nagari Sahakari Bank Ltd.


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Jobs in Dombivali Nagari Sahakari Bank Ltd.

Jobs in Orion Holiday Resorts limited


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Jobs in Orion Holiday Resorts limited

Get paid to watch TV - Prime Focus Technologies


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Get paid to watch TV - Prime Focus Technologies

Tuesday, October 28, 2014

Switching jobs? Don't get caught in these tax complications

Switching jobs? Don't get caught in these tax complications


Don't ignore your taxes when you change jobs. Here are a few tax complications you should avoid when you switch
It's not uncommon for a 20-something to have worked with three or four employers in as many years. However, in the excitement of sifting through jobs--be it for a higher salary, better prospects, fresh challenges or acquisition of new skills--most of them ignore their finances and end up suffering needless complications. The worst casualty of poor financial planning is taxation, which is a bugaboo avoided by most employees either due to ignorance or sheer laziness. Here are seven most common tax-related issues that are a fallout of job switches and how to make sure you don't face the financial consequences. Impact of multiple Form 16s
Employers calculate the tax liability of an individual on the basis of the salary they paid during a fiscal. If you change jobs mid-stream and do not inform your new employer about the previous income, be ready for a shock when you file your tax returns. You might have to cough up additional tax at that stage. This is because both employers would have factored in the basic exemption of `2.5 lakh and Section 80C investments of `1.5 lakh while calculating your tax liability. They would also have given you the benefit of lower tax slabs. Sample this: your package is `8 lakh with the first employer and the second employer raises it to `10 lakh. The first employer will deduct monthly tax assuming that your taxable income for the entire year is `4 lakh (after basic exemption of `2.5 lakh and deduction of `1.5 lakh for Section 80C investments). If you change jobs in October, the second employer will assume that your taxable income is `1 lakh after a similar exemption and deduction. So, while your total income for the year is `9 lakh, you would have paid tax for only `5 lakh, and that too at a lower rate.
Provident Fund
The EPFO has promised that Provident Fund accounts will become portable from October.Till this becomes a reality, it is best to transfer your PF balance to the new employer instead of withdrawing the amount. If you withdraw your PF balance before five years of continuous service, you will lose the tax benefit availed of on the amount in previous years. The amount will be taxed as normal income in the year of withdrawal and you might lose a big chunk of interest earned on your balance to the taxman.
TDS on joining bonus
If you get a joining bonus, but don't serve till the stipulated period, you will be asked to refund the amount. Don't forget the tax angle if you do this. Your employer must have deducted tax on the bonus before paying it to you, but when you refund it, you have to pay the entire amount (including tax) to the employer. Of course, the deducted tax can be claimed when you file your return. Suppose A is offered a joining bonus of `1 lakh, but gets `70,000 after a 30% tax deduction. If A leaves the job within six months of joining, he has to pay `1 lakh to his employer, and the `30,000 deducted as tax can be claimed as refund when he files his return.
Leave travel allowance
According to the leave travel allowance (LTA) rules, travel expenses for you and your family can be claimed for two return journeys in a block of four years. This means that tax exemption can be claimed only twice, irrespective of the number of companies you were employed with during those four years. So, you can carry forward unused LTA from your previous employer to the next within the same block, but must retain the proof of travel to claim LTA.
Avoid taxation of allowances
If you change your job before the January deadline--to submit documentary proof for claiming the allowances you are eligible for--your annual house rent and medical or conveyance allowances could lose the tax-free status. This is because your previous employer will pay it along with the final settlement amount. If you have not submitted rent receipts and bills, the sum will be taxed as normal income. So, make sure you submit rent receipts and other documents before you put in your papers. If you fail to give the rent receipt, you can claim HRA ex emption when you file the return.
Tax on overseas income
If you are moving to an overseas location, you may choose to withdraw your Provident Fund after three years. If a PF account is not active for three years, that is, there has been no deposit for 36 months, the EPFO will stop crediting interest.
Apart from this, you also need to determine your residential status for the year in which you make the move. If you move before October (spending less than 182 days in India), you will be considered a non-resident for the tax year.So, the income earned abroad will not be taxed in India. However, if you are considered a resident Indian, you will need to pay tax on your overseas income in India. Besides, if India has a double taxation treaty with the country you are employed in, you can claim credit for the taxes paid abroad.
Check all documents before you exit
You must have the following documents when you move out of an organisation: payslips, full and final settlement statement, Form 19 and Form 10C for PF withdrawal, and your Provident Fund account details, among others. Also, do not forget to ask for your Form 16 at the end of the financial year.




Jobs in Royal Palms Groups of Five Star Deluxe Hotel


Jobs in Royal Palms Groups of Five Star Deluxe Hotel
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Friday, October 24, 2014

Diwali Picks By Eastern Financial Services


Emami Ltd
Emami Limited, is a leading player in the personal and healthcare consumer products industry in India engaged in manufacturing and marketing of health, beauty and personal care products that are based generally on ayurvedic formulation. The Indian FMCG sector is the fourth largest sector in the economy with a total market size in excess of USD 13.1 billion. The FMCG market is set to treble from USD 11.6 billion in 2003 to USD 33.4 billion in 2015. The outlook for the sector appears bright amid higher income levels and the expansion of the model retail format. Moreover, rise in disposable incomes of rural dwellersmay bolster the sector's performance.
The company’s strong focus on efficient and economic sourcing of raw materials and rationalising resource costs is going to help in improving margins. Apart from domestic markets, Emami has positioned itself strongly in the international market. The Company has created a formidable presence in countries like Russia, Nepal, Bangladesh and in the Middle East Countries among others. Going ahead, the Company has strong growth plans for Bangladesh and the MENAP countries. It has new products in its pipeline for Russia and the CIS countries. For Bangladesh also, it plans to come up with new products. Emami’s international business sales grew by 23% in FY14 and management expects this growth trajectory to sustain.
Emami has entered the deodorant markets with brand “HE” - in line with the company’s strategy to expand into the male grooming segment. In the `21,000 mn market, Emami plans to be a `2,000 mn brand in two years since launch. The Company has a history of Un-interrupted dividend payment for almost two decades. In Q1FY14, the company registered consolidated net sales of Rs.481.73 Cr, up 25.56% YoY. The net profit for the period came in at Rs.70.81 Cr, up 16.71% YoY. We recommend a BUY on the stock with a target of Rs.992.

Motherson Sumi Systems Limited
Motherson Sumi Systems Limited (MSSL) is a joint venture between SamvardhanaMotherson Group and Sumitomo Wiring Systems (Japan) MSSL is a focused, dynamic and progressive company providing customers with innovative and value-added products, services and solutions.  The Company is a world-class supplier of high performance components, modules and systems. The company caters primarily to the automotive sector.
The company plans to focus more and more on expanding operations in North America, China and other markets, thereby significantly expanding its overseas operations. MSSL has substantially expanded its customer base globally and further emphasized its affiliation with existing customers. The Company now has presence in 25 countries. In order to spread its reach in North America, the Company has signed an agreement to acquire the Wiring harness business of Stoneridge Inc. through asset purchase at transaction value of USD 65.7 mn. We recommend a “Buy” on the stock with a target of 510.

Pantaloons Fashion & Retail
Fiscal and monetary initiatives taken by the Government and the Reserve Bank of India, a stable government, revival of global growth, moderation of inflation would help in the revival of economy which would in turn help in revival of retail sector. The long term growth potential of Indian retail industry remains intact. The size of the Indian retail market at USD 0.5 trillion in 2012 is expected to grow at a CAGR of 12.7% to reach USD 1.3 trillion by 2020.
Rising income levels and preference towards quality products are likely to drive consumption expenditure in India. One of the biggest beneficiaries of this growth will be the organized retail sector which is projected to grow at a CAGR of 30% from USD 27 billion in 2012 to USD 220 billion by 2020 and substantially increase its share from 8% in 2012 to 20% by 2020.
Introduction of Goods and Service Tax (GST) would be a big booster. It will reduce the tax incidence and complexities associated with the retail business. The new management is focussing on Re-building the organisation, expanding the customer reach, Enhancing productivity of the existing store, Strengthening brand portfolio and Optimising finance costs.
The Company is expanding its stores presence. It has launched 14 new Pantaloons stores and 1 factory outlet during the year taking the total count to 81 Pantaloons stores and 26 Factory Outlets as on 31st March, 2014. In fiscal 2014-15, the Company is targeting to launch 18 to 20 stores to reach 100 stores mark. The Company’s expansion strategy is focused on tier-2 and tier-3 cities, while penetrating deeper into metros.
The company has restructured debt and the average interest cost has come down from 13% to 10.4% for 2013-14. Numbers have been subdued due to the transition issues and organisation building costs. However, the benefit of the new management, lower interest costs, and the expansion in stores will accrue in the future. We recommend a BUY on the stock with a target of Rs.150.

SML Isuzu
SML ISUZU Limited manufactures and sells light commercial vehicles for goods and passenger applications. Products include a range of vehicles such as trucks, buses and ambulances. Sumitomo Corporation, Japan and Isuzu Motors, Japan respectively holds 44% and 15% shareholding in the Company. Stable government at the centre, hopes of revival in the economy, low inflation, lower crude prices and expectations of decisive industrial and fiscal policies, lends hope to an early revival of the commercial vehicles industry.
With expanded capacity the company is in a position to reap the benefits of increased demand arising out of revival in the overall economic scenario, in the first quarter, April-June, 2014 the company sold 2,749 passenger vehicles as against 2,271 in the corresponding quarter of previous year.
The Board has approved a capex plan envisaging an outlay of Rs. 220 crores to be implemented over next three years towards substantial technology and product up-gradation, development of products/ variants and on plant infrastructure to improve manufacturing efficiency. In Q1FY14, the Company reported net sales of Rs.336.46 Cr, up 19.03% YoY. The net profit for the period stood at Rs.23.42 Cr, up 129.38% YoY. We recommend a “Buy” on the stock with a target of 1175.

Snowman Logistics
Snowman Logistics (SLL), an integrated temperature-controlled logistics services provider, operates 23 temperature-controlled warehouses across 14 locations in India (including Kolkata, Mumbai, Delhi, Chennai and Bengaluru). It plans to set up another such 6 and 2 ambient warehouses at 6 cities at the cost of around Rs 140 crore.
The client base of the company is also strong, which include various industry sectors such as dairy products, ice creams, chocolates, pharma, seafood, fruits and vegetables, and poultry and meat. Top 20 customers contributed 44 percent of total revenues in the year ended March 2014. Some of the prominent clients are Hindustan Unilever, Novozymes South Asia, McGain Foods India, Karnataka Co-operative Milk Producers’ Federation, Graviss Foods, Saguna Food, West Coast Fine Foods India etc.
To improve the customer proposition, Snowman’s has introduced various value added services such as knitting, labelling, sorting, packing and re-packing of goods. Such services add significantly to SLL both in term of value to clients as well as bottomline. Further, consignment services such as indenting, order booking, invoicing, etc. for select customers improves SLL’s USP. SLL, being the largest cold chain solutions provider, has huge potential for growth in the organised services sector.
Domestic temperature-controlled logistics industry is estimated at Rs 12,000-15,000 crore and is expected to grow at 15-20 percent year-onyear  for the next three to five years. With the strong growth prospects of cold chain industry and company being a leading integrated cold chain player in India with presence across the value chain of the industry, the stock looks good for long term We recommend a BUY on the stock with a target of Rs.135.

Diwali Picks By GEPLCapital Ltd


Havells India Ltd
Buy Havells India Ltd For Target Rs.312.00
Havells India Ltd (Havells): Havells India ltd is $1.3bn leading fast moving electrical goods company with strong global presence. The robust business structure and large market share guarantees the long term, consistent performance. Consistent growth in the margin assures growth in the bottom line and high return ratios makes Havells a safer bet. We recommend a Buy on the Havells India Ltd.with target price of `312/share

Motherson Sumi System Ltd
Buy Motherson Sumi System Ltd For Target Rs.460.00
Motherson Sumi System Ltd (MSSL): Motherson Sumi Systems is one of the India’s largest auto ancillary companies. MSSL is likely to expect healthy growth across segments, given robust order book. Demand outlook from the key markets like India, USA is encouraging. MSSL is the market leader not only in the wiring harness segment but also leading player in the plastic component and rear view mirrors. We believe that the company valuation looks cheaper and will be a good investment opportunity. Hence we recommend Buy on the stock with target price of `460/share

Aarti Drugs Ltd
Buy Aarti Drugs Ltd For Target Rs.980.00
Aarti Drugs Ltd: Aarti drugs Ltd. is the part of $500 Mil Aarti group. The company is into manufacturing of generic drugs, contract manufacturing etc. The company has strong empanelment across the industry which makes robust business structure. Company has also entered into many long term contracts with renowned pharma companies across the globe; this enables company to earn money with higher realization. Strong balance sheet, Higher return ratios lower debt on balance sheet makes Aarti drugs Ltd stock more lucrative. We believe that the robust financials makes company more interesting and will be very good bet in longer term. Hence we recommend Buy on the stock with target price of `980/share

KPIT Technology Ltd
Buy KPIT Technology Ltd For Target Rs.195.00
KPIT Technology: KPIT Technologies (formerly KPIT Cummins Infosystems Ltd) is a multinational corporation. KPIT, the company provides product engineering services and solutions, IT consulting services and technologies to make products better and processes smarter. Company in the past has achieved its guidance and we believe the steps taken currently would make it comfortably achieve its FY15E guidance. Hence we are positive for the stock & recommend Buy from a medium term perspective with a target of 195.

Escorts Ltd
Buy Escorts Ltd For Target Rs.192.00
Escorts Ltd: The company is expected to introduce new products and focus on higher HP will lead to improvement in margins. Escorts is focusing mainly on exports and is targeting to increase export units from ~1000 units in FY14 to 2000 units in FY15E and 4000 units by FY16E. In the railway division, the company has got clearance which is expected to augur growth. Near term trigger highly depends on revival in tractor demand and improvement in economic environment for construction equipment. Revenue grew at 18% CAGR during FY10-FY14; while Net profit increased 18% CAGR during the same period. 83.5% of the company’s revenue derived from agri machinery followed by 10.7% from construction equipment. It is focusing on several new markets in the European region, latin America and south Africa to implement its going global strategy. Nevertheless, we are optimistic about the long term prospects of the company as improvement efforts taken by the management will yield results in the long run. Hence we recommend Buy on Escorts with a target of `192.

Yes Bank Ltd
Buy Yes Bank Ltd For Target Rs.710.00
Yes Bank Ltd: The bank has recently raised its capital which has helped ease off its concern , Now the tier 1 capital is 13.5% vs 9.8% as on FY14 . Over the years the bank has also managed to improve its CASA Ratio which has helped lower its expenditure. Further its margins are expected to improve on account of lower funding cost & higher share of SME loans & increasing CASA share. Coming to the asset quality, the bank has consistently maintained its asset quality & its GNPA/NNPA ratio is still better than most of its peers. Hence going ahead we expect the stock to perform & we recommend Buy with a target of `710 for the stock.

Thursday, October 23, 2014

Surat diamond firm gifts 491 cars, 200 two-bedroom houses & jewellery to 1,200 staff

Surat's diamond industry may still be struggling to regain its sparkle after the economic slowdown but about 1,200 employees of local firm Hari Krishna Exports have ample reason to celebrate this Diwali. The company has gifted the employees 491 Fiat Punto cars, 200 two-bedroom houses and jewellery ahead of the festival of lights.





"This is part of our rewards for loyalty programme for employees who have shown high degree of performance in the past five years," Savji Dholakia, chairman and managing director of Hari Krishna Exports told ET.

The incentives, adding to Rs 50 crore, were meant for the employees who contributed significantly to the growth of the company over the past five years, he said, adding that this is normal annual Diwali bonus for the company.

Established in 1991, the diamond firm has an annual turnover of Rs 5,000 crore and a workforce of about 6,000. It has presence overseas as well, in Belgium, Hong Kong and England.

Only 1,200 employees qualified for the rewards, said Dholakia, adding that the gift items were given based on the current needs of the employees. The employees who did not own a house were given the first preference for house. Those who owned a house were eligible for a car while the employees who had both a house and a car were given jewellery, he said.

Wednesday, October 22, 2014

Recruitment for 115 teaching and 99 non-teaching positions

Jobs in Central University of Punjab.

Recruitment for 115 teaching and 99 non-teaching positions

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Jobs in MRPL

Jobs in MRPL

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Jobs in PFC Consulting Ltd.

Jobs in PFC Consulting Ltd.

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Jobs in Sri Balaji Society, Pune

Jobs in Sri Balaji Society, Pune

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Jobs in GEMS Education

Jobs in GEMS Education

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Jobs in TBEA Energy India Pvt Ltd.

Jobs in TBEA Energy India Pvt Ltd.

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Jobs in TJSB Bank

Jobs in TJSB Bank

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Jobs in LICHFL Asset Management Company Ltd.

Jobs in LICHFL Asset Management Company Ltd.


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Jobs in Willis Processing Services (India) Pvt ltd.


Jobs in Willis Processing Services (India) Pvt ltd.

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Jobs in GAIL

Jobs in GAIL
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Saturday, October 11, 2014

Abusive bosses can make employees prejudicial

Abusive bosses can make employees prejudicial


Employees who are verbally abused by supervisors are more likely to “act out“ at work ­ doing everything from taking a too-long lunch break to stealing, says a new study . “Even if the abuse is meant to be motivational, the abused employees are still more likely to engage in counter-productive work behaviours,“ says Kevin Eschleman, assistant professor of psychology at the San Francisco State University , USA. The fallout from this abuse is not limited to the supervisor and employee and can, in fact, affect an entire company if it leads to lost work time or theft, Eschleman warns. “We did not just focus on how these workers felt or whether they started to dislike their jobs more. We looked at consequences that actually affect the bottom line of an organisation,“ he points out. The study included work data from 268 full-time employees selected from an online survey of more than 80,000 people. The employees held a variety of jobs and had an average of nine years at their positions. Workers were asked how often their supervisors “put them down“ or ridiculed them.
The researchers were somewhat surprised that even motivational abuse caused the same behavioural backlash in employees. “Workers may see any kind of abuse as a violation of how they expect to be treated,“ Eschleman points out. “I think there are a lot of supervisors who believe that this could be an effective way to lead but I do not necessarily think that is the case for a lot of people. In general, a lot of people are going to respond negatively ,“ researchers note.