अन्ना जी कृपया ध्यान दीजिये

अन्ना जी अन्ना जी

खूब भाया हमें आपका रंग , चकित रह गए सब देख आपका ढंग

लेकिन एक बात का गम है , सरकारी दफ्तरों पर तो जन लोक पाल बड़ा दबंग है

परन्तु भारतीय निजी दफ्तर भी नहीं भ्रष्टाचार में कुछ कम

ये भी कही न कही भ्रष्टाचार में है संलिप्त

हमें बताये कब आप लिखेंगे इनपर भी अपनी स्क्रिप्ट

इनकी ओर भी कुछ ध्यान देने की कृपा कर इनका भी कर दे चरित्र थोडा लिफ्ट

और निजी दफ्तरों से जुड़े हर एक वर्ग को भी दे दो अपनी ओर से एक और गिफ्ट.

Schools only force us to memorize Historical Dates and Names, not the LESSON!

Let me give you an example of how dreadful it could be :

A doctor, wanting more money to better provide for his family, raises his fees. By raising his fee, it makes health care more expensive for everyone. Now, it hurts the poor people the most, so poor people have worse health than those with money..

Because the doctors raise their rates, the attorneys raise their rates. Because the attorneys’ rates have gone up, schoolteachers want a raise, which raises our taxes, and on and on and on. Soon, there will be such a horrifying gap between the rich and the poor that chaos will break out and another great civilization will collapse. Great civilizations collapsed when the gap between the haves and havenots was too great. We are on the same course, proving once again that history repeat itself because we do not learn from history. We only memorize historical dates and name, not the lesson.

The learning should be that the schools or educational institute should teach people about money and how to harness money’s power than to focus on teaching people to work for money.

Not many people know – “Before Sachin, there was Belinda”

Just heard on one of the FM Channels and pondered on google to find out this.

Sachin Tendulkar is the first man to crack 200 in one-days but he was not the first to reach the mark.
That honour, and the distinction of still being the highest individual run scorer in the format, belongs to Australian batswoman Belinda Clark.
Her feat dates back to December 16, 1997 when Clark, now 39, broke past the barrier to register 229 not out off 155 balls against a depleted Denmark side.
As fate and its quirks would have it, she played this innings in Tendulkar’s backyard — MIG Cricket Club — during a Women’s World Cup match.
While Tendulkar’s achievement was witnessed and applauded by millions around the world, Clark’s magic knock was not even telecast.

This by no means make Tendulkar’s achievement any lower but just a fact!

Sportsmen like Sachin Tendulkar, Jugraj Singh and Leander Paes are hard to find. Also, I am not denying the fact that there could be more who are not in the lime light.

Mere do Anmol Ratan!(Aashwika and Kabeer)

IT service providers’ margins may take a hit on new EU tax

The new value-added tax (VAT) rule introduced by the European Union from January this year, will make offshoring costlier for banking

and healthcare customers in the region by up to 15%, and squeeze margins of India’s top tech firms including Tata Consultancy Services (TCS), Infosys and Wipro.

Starting January 1,2010, the 27-nation bloc has imposed value-added tax (VAT) on services delivered from non-EU nations such as India, a move which will put a renewed squeeze on the profit margins of these tech firms.

Meanwhile, countering the rationale for high billing, Nasscom president Som Mittal said, “VAT ruling which came into effect in January was to harmonise tax regime across EU as every country including Germany, Belgium and France had their own VAT structure. Since an Indian outsourcing services provider does not cater to the end user, an EU customer may offset VAT being paid to the former against VAT charged to the end users. So there’s no question of pressure building up on billing rates.”

The captive market witnessed significant activity and 40 new captives were announced during the quarter, with most of them being in Asia.

The new value-added tax (VAT) rule introduced by the European Union from January this year, will make offshoring costlier for banking and healthcare customers in the region by up to 15%, and squeeze margins of India’s top tech firms including Tata Consultancy Services (TCS), Infosys and Wipro.
Starting January 1,2010, the 27-nation bloc has imposed value-added tax (VAT) on services delivered from non-EU nations such as India, a move which will put a renewed squeeze on the profit margins of these tech firms.
Meanwhile, countering the rationale for high billing, Nasscom president Som Mittal said, “VAT ruling which came into effect in January was to harmonise tax regime across EU as every country including Germany, Belgium and France had their own VAT structure. Since an Indian outsourcing services provider does not cater to the end user, an EU customer may offset VAT being paid to the former against VAT charged to the end users. So there’s no question of pressure building up on billing rates.”
The captive market witnessed significant activity and 40 new captives were announced during the quarter, with most of them being in Asia.

Genpact in talks to acquire Intelenet Global Services

Private equity investors in the country’s top back-office firm Genpact have initiated talks to explore a potential acquisition of Intelenet Global Services.

The talks are being held between financial investors at Genpact and Blackstone, which holds a little under 80% in Intelenet,

The acquisition is of interest to Genpact because of the ability to derisk its revenues, which are still significantly dependent on its one-time parent, General Electric (GE), and consequently improve valuations. GE contributes around 40% of Genpact’s revenues. “Intelenet’s India business is the chief attraction to Genpact, but Blackstone is not willing to sell that alone,The potential transaction value could be $600-750 million.

Genpact, a late entrant to the India market, has not been very successful in scaling up its domestic business. Intelenet, on the other hand, has an established domestic BPO business under Sparsh BPO, an acquisition it made in 2006. Sparsh is listed on the domestic stock exchanges and had a net profit of Rs 48 lakh on revenues of Rs 61 crore for the September 2009 quarter, according to a BSE filing.

In 2008, GE extended its master services agreement (MSA) with Genpact, ensuring a committed volume of business to Genpact, but concurrently advanced the expiration date of the provision requiring it to hold a minimum number of shares in the back-office firm from December 2009 to March 2009. Last week, it announced yet another extension of the MSA through the end of 2016, but business is not growing substantially beyond this, especially in IT where GE is seeking other vendors, according to executives with IT vendors that do work with GE.

Horrible : India might be sinking into Earth’s mantle

A new study based on computer models has suggested that India is sinking into the Earth’s mantle.

Scientists have been mystified by the fact that the Himalayan mountain range is still growing, despite the fact that the India tectonic plate has been slamming into the Eurasia plate from the past 50 million years.

According to a report in Discovery News, a new study, led by Fabio Capitanio of Monash University in Australia, based on computer models of the two plates shows that the formation and continued growth of the world’s highest mountain range makes the most sense if a dense piece of India is down in the mantle, dragging the rest of the continent down with it.

That may not sound so weird, but continents are buoyant; they’re supposed to float, not sink.

All the subduction that is heard about all over the world is dense ocean crust sinking underneath continents.

But the situation in the Himalayas is different.

It’s as though two cars collided, and one started to sink into the pavement.

HCL Tech bags USD 50 million contract from UK-based Meggitt

Software company HCL Technologies has received a contract worth around Rs 231 crore from UK-based defence equipment maker Meggitt for providing engineering services.

Meggitt signs USD 50 million (around Rs 231 crore) global engineering transformation services agreement with the company’s engineering and R&D services (HCL ERS) division.

HCL was selected based on its understanding of Meggitt’s business challenges and proven track record of partnering with large aerospace and manufacturing companies on highly complex engineering development programmes.

Finally Some Good News – Q3 results indicate markets uptrend ahead

The third quarter of a financial year is always a mixed bag for the domestic corporate sector. While companies in sectors like auto, FMCG or

consumer durables manage to post good numbers during this period because of the festival season, other sectors like technology face volume dips due to the lesser number of working days. Signs of recovery are getting more visible, the sector is yet to get back to the hay days of boom time where both the topline and bottomline grew at a rapid pace.

With US companies too going slow on technology spending, investors are beginning to focus on companies which have a good share of the domestic market. In the case of large-sized tech companies, those who have the wherewithal to compete well on the price front are the preferred lot.
As we come to the crucial junction in the financial year, the results of the previous quarter assume significance. While it is given that companies focused on domestic business would do well, much of the good show is attributed to the stimulus packages which resulted in easy money.

The trend on the liquidity front is expected to change as the Reserve Bank of India (RBI) may tighten its stance marginally. Many analysts are taking comfort in the fact that the case for easy money policy withdrawal is also due to the demand for credit. The real impact of any marginal increase in interest rates would be felt a couple of quarters down the line though the government has already been gung-ho about the growth rates. Not many are disputing the eight per cent growth rate projection for the economy as a whole.

The next few days will throw more light on the future trend when more companies would have presented their quarterly results.

Interesting Read-The Fastest Growing Job!!!

The hotspots

While some sectors will show a positive trend in growth and hiring numbers, some might take a bit more time to stabilise.

Telecom: The numbers here tell the story. “The Indian telecommunications industry is one of the fastest growing and is projected to become the second largest global telecom market by 2010,” says Sudhakar Balakrishnan, managing director, Adecco India, a HR solutions company.

Knowledge process: This sector bore the brunt of the slowdown, salaries are expected to recover. Candidates would be required to have subject matter expertise, analytical, logical reasoning and excellent communication skills.

Healthcare: With the focus on well-being, high disposable income of people and the increased incidence of non-communicable diseases, this sector is poised for high growth. However, there could be a demand-supply challenge with healthcare professionals such as nurses expected to come back to the country from the Middle-East.

Infrastructure: Balakrishnan is bullish on this sector as it is likely to attract substantial investment. While the infrastructure output index — a measure of growth from six key infrastructure industries — increased 7.1 per cent (y-o-y) in October 2009, the government plans to pump in Rs 14,88,000 crore (Rs 14,880 billion) to upgrade ports, railroads, highways and airports over the next 10 years. The government is also heavily investing in power and energy sectors.

Rural sales and marketing: Vishal Chibber head, Kelly Services, India, a staffing solutions company, says: “As urban markets get saturated, the focus has shifted to rural markets, which have the purchasing power. Any company wanting to capture higher market share and increase revenue need to venture into the rural markets.” Sales and marketing skills are in demand.

The flatspots

Financial services: The latter half of last year has been good for this sector, but the growth is still volatile, and there are plenty of finance professionals post Lehman Brothers bankruptcy still looking for jobs.

The downspots

Real estate: The sector has recovered from its lows, but it is not yet steady. Overcapacity and unsold inventory is still a problem.

The changing realities

Hiring patterns: Hiring will be a more scientific and a complex process. “Employers are looking at addressing employability issues right at the outset than having to realise they have round pegs in square holes a few months down the line,” says Rajesh A.R., vice-president, TeamLease Services, a staffing company.

As employee expectations have become moderate, there will be a trend towards hiring people with experience. “Hiring will be more internal in nature with stress on employee referral schemes, in-house career boards, promotion and internal transfers,” adds Chibber.

Salary growth: A study done by Hewitt Associates, a HR consulting firm, pegged the overall salary increase in India, in 2010, at 9.2 per cent, the highest in the Asia Pacific region. “Many companies had an increment holiday last year. Also, with decent growth expected and inflation pressures, most employers have to look at an increase in 2010,” says Shabbir Merchant, chief value creator, Valulead Consulting.

However, it will be wrong to expect growths at pre-recession levels. “Salary growth will barely cover inflation,” says E. Balajie, COO, Mafoi, an HR consultancy.

Threats

1. The level of performance expectation is going to be high. Companies will focus more on productivity and will be less tolerant of under performers

2. Salary growth is not going to be like the pre-downturn period, but much more muted and will barely cover inflation, at the best. There will be a bigger shift of balance towards performance-linked variable pay than on fixed raises across the board

3. A more scientific recruitment process will select the right employee at the outset

4. People who change jobs frequently will need to have a justification for it, apart from a higher salary.

5. Focus will be on social networking sites, especially when filling up individual posts with niche skills

Action

1. Learn to be multi-skilled and constantly upgrade relevant technical or soft skills

2. Be active on social networks and update profile regularly

3. Instead of being a hard negotiator, have a good track record and concrete performance data

4. Do not change jobs frequently. Grow organically within the same company

5. Not getting an increment should not be the sole reason to change a job. The focus should be on building your career in a stable organisation.