MeraCareerGuide is glad to announce the launch of it's first mobile application - mINTERVIEW.

by MeraCareerGuide
View My Profile 19. August 2010 08:42
Share on Facebook
MeraCareerGuide is glad to announce the launch of our first mobile application - mINTERVIEW.


To experience the mINTERVIEW, all you need to do is, visit Airtel Live on your 'GPRS supported' Airtel mobile phone and browse into App Central -> Category -> Education 

Airtel chooses mINTERVIEW application as one the best out of 70,000 apps in Airtel's Appstore.

To let you have a better and clear insight into what this application (mINTERVIEW) is, it's an interview application which you can download on any Airtel mobile phone.  The application is made in collaboration with mGurujee. This Interview application is designed to help you prepare for job interviews. It's a one-time download process and will cost you only Rs.25. Once it has been downloaded, you can use it any number of times to refer to the tips and steps to a successful interview.

We all know the significance of interviews, and even one tip can make the difference.


Cheers!

Obama's antioutsourcing Policy : What it means for Job Hunters in India ?

by Chetan
View My Profile 2. February 2010 22:48
Share on Facebook
Today I got a call from my friend in USA enjoying his onsite vacation, he frantically told" Did you hear Obama's speech ? Do you think their will be an impact on India ? "

I wondered why someone so dynamic like Prez Obama is bothering over we so called pseudo intellectual Software Engineers of India who are only famous for labor works and no real innovations !

I moved to You Tube to look for speech clipping, here's excerpt from the latest anti outsourcing speech:

The problems have grown worse," Obama said. "Meanwhile, India is not waiting to revamp its economy. China is not waiting, These nations - they're not standing still. These nations aren't playing for second place. They are putting more emphasis on math and science. They're rebuilding their infrastructure. They're making serious investments in clean energy because they want those jobs."

 

Indian IT Industy which was in the process of recovering from the global recession. may get a setback from Obama's anti-outsourcing policy. Because India gets more than 60 per cent, or $70 billion, outsourcing work from the US because of low-cost locations. Obama took these decision beacuse thier unemployment rate reached in double figure. US Senate has allready voted for imposing strict conditions on hiring of people with people with H-1B visas by American companies receiving federal bailout money.

 

An embattled US President Obama, bruised by economic, political, and foreign policy crises in his first year in office, has pledged to stop US cos from taking jobs overseas and warned Americans about increasing competition from India. Obama addressed the issue of loss of jobs to foreign markets mainly India.

 

My Take on this:

 

I am no expert or critic but spending several years in stock market and watching rise and dip of market so closely ( which is my passion) I think I can use this platform to make a point.

 

Obama has several short-and long term pressure to cope with, but that doesnot mean that there will be any significant impact for the outsourcing Industry. The Proposed "Jobs Bill", which is aimed at creating more local employment in USA.

 

However there are short-sighted that many USA companies derive significant reveues from outside the country mainly from India. Some of the top outsourcing companies are Citigroup, GE, JP Morgan. These companies will create more jobs in India because of low cost operations. Citigroup generates 52% of its revenues outside the USA. Obama will only reduce tax soap to companies who will ship job to others places. But there are many others factors why USA MNC's prefare India to expand their business. When ever any companies is investing in India they sees the overall economics of the opportunity, market potential, availability skilled and preferably lower-cost workforce and the ability of time zone difference. So, Tax is only one of the several factors.

 

There are two Factors which will be faced by USA.

 

First, the changes to the US expense allocation rules may actually prompt some businesses to consider shifting certain US overhead costs overseas in order to prevent those expenses from being deferred on their US tax returns.

 

Second, just when US businesses need to find additional growth opportunities elsewhere to lower their reliance on a fatigued US customer, these rules will increase the cost of doing business overseas.

 

Clearly, this will make US firms less nimble against competitors based in countries with more favourable tax regimes.

 

So, Overall there will be very less effect of Obama's Policy on Anti-Outsourcing.

 

Let's hope the same!

Currently rated 4.2 by 5 people

  • Currently 4.2/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , ,

Engineering & Technology | Recession Blues

Recession is Over - Look Beyond Software Industry for Jobs !

by Chetan
View My Profile 2. February 2010 18:37
Share on Facebook
With the onslaught of recession, the recruitment drive in India was hampered to a certain extent especially for fresh lot of graduates.

The Global Meltdown brought many changes in the way Indian Job Market was perceived. While USA became vocal about anti-outsourcing and came Obama's famous speech. In May last year also, he had said American companies’ shipping jobs overseas will be required to pay more taxes, and that tax-deferral benefits for such companies will be ended. "It’s a tax code that says you should pay lower taxes, if you create a job in Bangalore, India, than if you create one in Buffalo, New York,"
But, Yes Recession is Over, and has come up with some positive and negative effects.

The job Market in India is now focusing on lateral entry though recruitment of freshers though it's in slow mode.

 

Some of the top recruiters in India however opined that due to economic slowdown salary levels in sectors like software, travel and hospitality have taken a backseat. In some sectors, professionals are paid far below the national average.

 

The sectors which are opening up with lots of job opprtunity coming this year:

 

BPO/ITES: With the establishment of outsourcing centers in the metropolis of the country, many jobs have been created in the BPO sector. Some of the top ten recruiters in BPO sector are HCL Technologies, Genpact, Tech Mahindra, Intelenet Global and Citigroup Global Services. Compensation package in BPO sectors have improved a lot.

 

Public Sector Banks: Even the government offices are now on a hiring spree. The Public Sector Banks including SBI and it's Associates, Indian Overseas Bank and other major banks have recruited thousands of posts both at the officer and clerical levels.

 

Airport Authority: The Airport Authority of India (A.A.I) recently organized a special recruitment drive for the posts of- Junior Assistant (Fire Service), Junior Attendant (MT) Auto Mechanic, Senior Assistant (Civil Engineering),Senior Assistant (Statistics).

 

Indian Police Force: The Indian Police department will soon go on a hiring spree as there are plans to recruit nearly 150,000 at the lower level of police administration by the end of March 2010.

 

This definately is a good initiative and would boost the present state of deplorable condition of police force.

 

Bioinformatics:

Top recruiters in India are now also focusing in areas of genomics and bioinformatics. Genomics Quality Control Centre in Delhi and Hyderabad's GVK Bio-Sciences are some of the companies which are on lookout for qualified pharma-biotech freshers.

 

The automobile Industry has held very good growth track in India even during recession. This Industry is hiring & also their is salary in double digit. The industry's fortunes have been helped by market leaders Maruti Suzuki(cars), hero Honda(motorcycles) and Mahindra & Mahindra notching up good growth. Maruti added more then 750 people last year and they will hire more then 940.

 

Export House: India's exports rose by 9.3% for the second consecutive month, after 13 straight months of decline.

 

Manufacturing House: India's manufacturing sector grew at its fastest pace in almost one to one-and-a-half years in January 2010.

 

Before you go ahead; If you are Job Hunter wishing you a very good luck for your job hunt!!

Currently rated 4.8 by 5 people

  • Currently 4.8/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , , ,

Career Choices | Recession Blues | Resume

What's stored in for Job Hunter's for 2010

by Chetan
View My Profile 31. January 2010 05:23
Share on Facebook
What's stored in for Job Hunter's for 2010

  It was Sep 15 2008 when world woke to a shock to which it has not yet recovered- The Lehaman episode !!

Lehman Brothers Holding Inc. was a global financial-services firm until declaring bankruptcy on 15th September 2008. Lehman had to filed for bankruptcy because of the massive exodus of most of its clients, drastic losses in its stcoks and devaluation of its assests by credit rating agencies. Lehman Brothers was a primary dealer in the W.S. Treasury securities market. Merrill Lynch was acquired by Bank of America under distresses circumstances during the 2008 Financial Crisis.

From then onwards we heard news of layoffs, job loss. The worst affected were dreamy eyed fresh graduates who were waiting to join world of work and start a new journey of life for which they were preparing for more than 16 years!
Here are list of few companies who layed off its employee during the time of recession.
  • Google number search Engine had to revealed 24,400 employees.
  • Microsoft Corp first time in its 34-year history, cutted more then 10,000 jobs as demand for personal computers slowed down during those period.
  • Seagate world's largest maker of computer hard disk drives, reduced their work forced by 10%
  • Beijing-based company, the world's fourth-largest PC maker Lenovo Group layed off about 11 per cent of its work force.
  • Sony slashed 5 per cent of its global electronics work force.
  • Oracle Corp, the world's No. 3 software maker, fired more then 5000 workers.
  • Sun Microsystems Inc removed as many as 6,000 jobs
  • AT&T Inc is layed off 12,000 jobs, about 4 per cent of its work force.
  • It Major IBM fired 24000 workers & Intel 8000
  • Yenepoya University, Mangalore
  • Time Warner Inc's AOL reduced 10 per cent of its workforce.
  • Nissan Japan's third-biggest automaker to slashed 20,000 jobs, or 8.5 percent of its global work force.
  • Industrial conglomerate Emerson Electric Co cutted its workforce by up to 14,000
  • Even Steel-making giant ArcelorMittal fired 10000 workers.
  • Dell cut more than 18,000 jobs last year
  • Investment Banking like Bank of America reduced their head count 46000
  • General Motors Corp, the largest US automaker, layed off more then 25,000 employees.
  • The Royal Bank of Scotland also fired more then 20,000 job
  • TCS india Number one IT company cuts more than 10,000 jobs
  • Infosys, layed off more then 10,000 employees.
  • Wipro also fired more then 5,000 job
  • Hexaware fires more then 500 employess.
  • Satyam fraud threatened to dent India's Image and its FDI inflows. After breaking out on January 7, 2009, its was PMO who directly looked into these and saved careers of more then 30000 employees. Later Satyam was purchased by TechMahindra
Job market is nothing but demand and supply game. As demand will increase companies will hire more and vice - versa. Everyone is heard saying recession is over. Have a look at the hiring trend this year:
  • TCS plans to hire more then 15000 employess and they have started their process.
  • Infosys is also hiring more then 10,000 employees.
  • Wipro is also in queue to hire more then 10,000 job
  • TechMahindra and Satyam Mahindra has plans to hire more then 5000 employees this year.
  • IBM will be recruiting more in India then in any other countries.
So, Freshers and Job Hunters remember depression and desperation don’t sell but poise and confidence do!!

So prepare for Interview. Know the interview pattern & make their resume more attractive. For more information on how should you go about it have a look at our job hunt section.
Freshers in start do not look for higher package. Try to enter Companies, get experience & after that think of better opportunities.
 
All the Best !!! :)

Currently rated 3.3 by 3 people

  • Currently 3.333333/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , , , ,

Recession Blues | Resume

Seminar at IIMT College of Management, Greater Noida

by MeraCareerGuide
View My Profile 22. September 2009 00:07
Share on Facebook

To get the desired job in the present job market is not easy. Due to recession, professionals are forced to take up jobs that may or may not match their qualification, skill sets or position. Consequently, this makes the race for holding a dream job extremely difficult. In such severe situation you cannot afford to miss even a single opportunity.

  

Keeping this in view, MeraCareerGuide.Com held a seminar at IIMT College of Management, Greater Noida on 15 September designed for students who are looking forward to their first job. The students present were of first and second year MBA. The one-and-half hour program had many pointers on how students could enhance their efficiency to clinch a desired job offer letter.

 

 A peak into the lessons taught…

 

 

 

 

 

 

 

 

 

 

 

Currently rated 4.5 by 4 people

  • Currently 4.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , ,

Interview | Recession Blues | Resume

Training for students in VLSI by Mentor Graphics

by Shobit
View My Profile 28. August 2009 02:28
Share on Facebook

 While  due to recession a fresher's dream of joining the world of work is getting delayed, but here there is something to rejoice for all electronics students who aspire to enter the world of VLSI and do marvel !! Mentor Graphics, world leader of EDA tools is conductinga program Introduction to Verification of Electronic Design and Systems using System Verilog which is all sponsored by Mentor Graphics. The best part is 15 days long program is all free for students.  
Program Description
 
 

  • Introduction to Logic Design and Verification (Block level and System Level)
  • Introduction to SystemVerilog Open Verification Methodology
  • Concepts of Verification Management and Coverage using Questa Verification environment
 
Venue: Mentor Graphics (India) Pvt. Ltd., Building A, Plot # 5, Sector-127 Noida 
Timings: 10 AM to 6 PM (Lunch Provided) 
Date: October 19, 2009 – December 7, 2009
 
  • B.Tech or B.E. degree graduates in Electronics, Computer Science and Electrical are eligible with a CGPA of 6.5 and above.
  • The candidate should not have an offer of joining any company till December 2009
  • Short-listedcandidates will be called for a written test in order to qualify forthe course. 
  • The test will be held at Mentor Graphics, Noida onSeptember 19, 2009. The selected candidate will have to make his/herown stay arrangements.

Note: Course fee: NIL
So, students what you waiting for Log on and sign up:  http://www.mentor.com/india/ .

 

 

"Verification of Electronic Design and Systems using System Verilog for students whohave graduated from Delhi NCR colleges and who have not yet found placement. The course will be for eight weeks beginning October 19 –December 7, 2009 from 10am to 6pm (Monday to Friday). The program willinclude extensive labs using Mentor Tools and will also include someprojects.

 Some of the Key Modules of the program are:

Program Details:

Eligibility:

Currently rated 5.0 by 1 people

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , ,

Engineering & Technology | Recession Blues

Swine Flu & Monsoon Effect on Indian Economy

by Chetan
View My Profile 9. August 2009 23:29
Share on Facebook

Even though the global economic meltdown had little impact on India, we were not aloof from the world for feeling the recession attack, thanks to the Satyam scandal! And now that, we were in the process of recovering from this gigantic human error, we are caught up in obstacles nature has thrown at us. Yes, it is the Swine Flu and the much awaited Indian Monsoon.

 

Let me give you a quick view of how and why the dreaded  the Monsoon and Swine Flu are acting demons in the betterment of the pink slip pathos.

 


 

 MONSOON EFFECT ON INDIAN ECONOMY

 

60% of Indian Agriculture is monsoon dependent. With rainfall this time being deficient by 45%, the agriculture sector has been hit hard.

 

Also, post economic disaster, rural India has become the focus for many organizations. But with monsoon showing no sign of rain, the rural income is bound to decrease, which eventually will affect the organization's plans and economic conditions.

 

Apart from this, a severe problem that bad monsoon is to bring is the rise in the price of cash crops, vegetables and fruits. This is the most dreading consequence of deficient rainfall as the basic needs of people might have to be compromised. This increase in the price of food will cause inflation to go up.

 

 

THE SWINE FLU EFFECT ON ECONOMY

Due to outbreak of Swine Flu, the government expenditure on hospitals, prevention and cure for Swine Flu is increasing, which will slowly lead to increase in fiscal deficit.

And not just this, Foreign Institutional Investors, doubtful of the Indian market situation, will withdraw their shares and sell it out which will lead to rupee value depreciation. All this will create an imbalance in the supply chain giving way to decline in GDP (due to lesser economic activities)

Industries To Be Affected By Swine Flu:

 

Tourism

It is obvious that tourism industry will have major negative affect of Swine Flu as traveling across the globe is slowing down for the fear of Swine Flu. If Swine Flu is not controlled soon, the peak season - October- will see the major disturbance in the Tourism Industry.

Airlines

As the movement of people flying across places will slow down leaving the Airlines business a little less profitable.

Others

Many other sectors will see a minor influence of Swine Flu as it is bringing down production and thus affecting economic activities.

Currently rated 5.0 by 11 people

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , , ,

Recession Blues

Uncertainities...

by Supreethi
View My Profile 9. August 2009 04:01
Share on Facebook

 Admin: The author of the post is a EEE graduate from BITS-Pilani                                                                                                        

 
Some say - 'Its the crisis'..some say - 'Bad Economy'..and some 'Downward trend'...guess what this is all about?..Yes, the current situation of US companies..The Finance, IT, Automotive, and slowly the retail sectors are being hit..And we are heavily knit to their economy...bound so tight that all that happens there, echoes here too!..I am slowly coming across a few people, unemployed, patiently waiting to get employed in the company that hires their skills, and also people yet to gather skills, such as college-freshers..This is nowhere catagory based - Freshers, Associates, Senior Associates, Managers, Subject Matter Experts - the problems persists for people of all spheres..Whatever be it, life goes on..With no major projects coming up for companies here, with very few global clients,with lessening turnovers,the situation worsens for those hiring and for those being hired! 
                                                                                                        
 

Bankrupcies, losing jobs, are some of the instances of the downward trend we can observe.. We all know the fate Lehman Brothers Inc and Merryll Lynch. Citibank and GoldMan Sachs have also reported huge losses. But at one point in time, my own friends had had the craze for grabbing offer letters from the very same companies for the enormous pay packages! There has been a steep transition now..I might as well call it 'The falling Gaussian Curve'..My question is- Is there any alternative to the heavy dependency on economies?..Why are we looking for greener grass on the other side of the fence when our side is as much green? I, pretty well, fall under this catagory too..Hmmm..Enough of theories and current affairs..!

Unsteady environment prevailing, job-security being indefinite, and what not!..Its just a one and a half years of IT journey and I am coming across such sorts of strange and unforseen happenings.. Yes, the transition is never simple. Sometimes, I think of shifting to jobs that are purely of Indian origin and relatively secure; And to live securely upto heart's content with lesser troughs, ; And to strip off the luxury of being in an air-conditioned room!

 To do what you get to do' is way different from 'To do what you want to do'!..And I am still asking myself what I want to do but have found no concrete plan!..Self-realization is the most difficult task of all..Ask Heisenberg, who has his uncertainity principle!. I bet he would be indefinitely uncertain about it as much as he is about his wave Smile

 

 

 

Currently rated 5.0 by 2 people

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , , , ,

Recession Blues

The Great Economic Disaster

by Chetan
View My Profile 13. July 2009 22:46
Share on Facebook

 

 It all started when greed for money overpowered the sense of understanding money. The US investment banks in their overwhelming desire to have more and more money lent easy loans to sub-prime borrowers. Sub prime borrowers are those who capability to repay the loan is uncertain. Subsequently, all Americans - capable and incapable- was now privileged to be a loanee. Evey American now had a home, spent the money he didn't have; all on the loan amount. and like they say too much of anything is too bad, so was in this case. The sub prime borrowers couldn't return the loan to the lender banks, which forced the banks to seize the borrower's mortgaged property. But of no avail. the banks found no buyers to the confiscated properties. eventually, everything got blocked as properties which resulted in no flow of money - credit (money) crisis.

 

What's amusing is that the concept was followed by almost all the banks across the globe. However, our Indian government banks are known for its conservative nature ( someone who has approached an Indian bank would only know this). Yet, the Indian stock exchange suffered a great loss as foreign investors withdrew their invested amount from the stock exchange. This imbalance use of money led to having 'no money' in the market and this whole process came to be termed 'economic meltdown', which till date is melting many sectors.

 

 

Currently rated 4.4 by 9 people

  • Currently 4.444445/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , , , ,

Recession Blues

The Murphy Effect

by suhani
View My Profile 30. May 2009 04:06
Share on Facebook

You must have a million times, heard people use the Murphy phrase - when things can go wrong, they will; at the worst possible time, and in the worst possible way. Actually, when analyzed closely, one would be surprised to find that the much talked about law by Murphy holds so true in the happenings of the world today. Perhaps, Murphy had to prove his point.

The collapse of Lehman Brothers & Merrill Lynch was unexpected but definitely not unattainable. And the ‘possibility factor’ was good enough a factor to motivate Murphy. In the middle of economic chaos he lived up to his theorem by adding Indian Enron corruption to the already dying state of economy. After all, he had to prove his point – things, if they can, go wrong in the worst possible time.



No, Murphy wasn’t ready to fade away so soon. He seemed to be determined to leave his mark in every walk of life – VENI, VIDI, VICI! Following the economy, Recession came to life. Managing homes had already become difficult, and with the raucous recession Murphy once again became all pervading. He scared (continues to scare) the hell out of job-holders and freshers just out of colleges with dreams of holding plush jobs. And why not? He had to prove his point, after all.

But if Murphy is hell bent on proving his point right, the iconic Isaac Newton is no behind, only he is a little laid back ( but, isn’t that’s how he became an icon – laid back in the garden observing an apple fall!). The so called ‘worst situation’ of somebody is ‘the worth situation’ to somebody else. Remember Vikram Jaiswal aka Farhaan Akhtar of Luck By Chance? Well, that’s the reaction Newton gives to Murphy’s action – For every hard luck there has to an equal good luck. It’s just that he waits for Murphy to act first.

And yeh, like Murphy Newton too believes in VENI, VIDI, VICI!

Currently rated 4.5 by 4 people

  • Currently 4.5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , , , , , ,

Recession Blues

Navigation Options

Tag cloud

Calendar

<<  May 2012  >>
MoTuWeThFrSaSu
30123456
78910111213
14151617181920
21222324252627
28293031123
45678910

View posts in large calendar