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  • Print: IT sector to create 2.5 lakh new job openings in 2016: Report – The Financial Express - Page 99
    digitisation and the sector is likely to create 2 5 lakh new job openings this year According to staffing services firm Teamlease Services the growing entrepreneur activity coupled with shift in business focus from a service provider to a solution provider is expected to push IT sector hiring to new heights Last year the hiring in the IT space saw a rise of 12 per cent this year the sector expected to witness a 14 16 per cent growth in recruitment With companies focusing on technology and digitisation the hiring focus has shifted from scale to skill More and more companies are realizing that while they require traditional skills it is the acquisition of niche skills that will be the game changer TeamLease Services Assistant General Manager Alka Dhingra said Though companies will continue to hire traditional skills the profiles that will be sought after include Digital Marketing which requires the candidate to devise strategies that will drive online traffic to the company website and its conversations The Digital Marketing profile is expected to see more than 70 000 job openings Other in demand profiles in the IT sector include User Experience and User Interface Designers Full stack web developers

    Original URL path: http://www.financialexpress.com/article/industry/jobs/it-sector-to-create-2-5-lakh-new-job-openings-in-2016-report/205690/99/print/ (2016-02-08)
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  • Google pays Rs 8 lk to Sanmay Ved, who owned Google.com for 1 min | The Financial Express
    Google numerically squint a little and you ll see it We then doubled this amount when Sanmay donated his reward to charity Google said in a blog post Ved in a post on LinkedIn had said he chose his award to be donated to the Art of Living s education programme which runs 404 free schools across 18 states in India providing free education to more than 39 200 children living in slums tribal and rural belts where child labour and poverty are widespread Google said researchers from all over the world coming from countries like Great Britain Poland Germany Romania Israel Brazil the US China Russia and India participated in its security rewards programme Tomasz Bojarski found 70 bugs on Google in 2015 and was our most prolific researcher of the year He found a bug in our vulnerability submission form the blog posted by Eduardo Vela Nava from Google Security team said In 2015 the company gave 42 million in rewards to over 300 people The programme which was started in 2010 has seen Google giving out over 6 million in rewards so far It said it has paid more than 200 000 to researchers for their work under Google s Android mobile operating system VRP programme launched in June This includes the largest single payment of 37 500 made to an Android security researcher We also injected some new energy into these existing research programs and grants In December we announced that we d be dedicating one million dollars specifically for security research related to Google Drive the blog said First Published on January 31 2016 11 21 am Tags Google Please Wait while comments are loading More on this story Google engineer builds smart Android powered bathroom mirror Google search chief Amit Singhal to quit to be replaced by Alphabet Inc head John Giannandrea Non metros drive auto search queries up 40 in 2015 Google Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From

    Original URL path: http://www.financialexpress.com/article/industry/companies/google-pays-rs-8-lk-to-sanmay-ved-who-owned-google-com-for-1-min/204766/ (2016-02-08)
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  • Legacy issues to be addressed in 2-3 quarters: SpiceJet chief | The Financial Express
    reins of SpiceJet from the Marans last year when the carrier was on the verge of closure Under Singh s stewardship there has been a marked improvement in the overall performance of the airline Recording its highest ever profit number SpiceJet posted a net profit of Rs 238 40 crore for the three month period ended December 2015 Besides the no frills carrier has managed to reduce its debt burden by Rs 1 200 crore to Rs 800 crore When Singh took over the reins early last year the debt burden was around Rs 2 000 crore As part of ambitious expansion plans SpiceJet is in the process of inducting more planes as well as increasing headcount The carrier is evaluating various options with respect to ordering new aircraft Singh said We have received proposals from Airbus and Boeing We have undertaken an extensive process of evaluation with regard to placing new aircraft orders he said On the number of planes that would be purchased Singh said it could be more than 100 The order is likely to be expected to be placed in this financial year itself but a final decision is yet to be taken said Singh who is the airline s chairman and managing director Currently SpiceJet has a fleet of 25 Boeing 737s 14 Bombardier Q 400s and two Airbus A320s We are preparing ourselves for expansion The process for hiring pilots and cabin crew has already started Singh said The carrier has a headcount of about 4 000 people including 350 pilots First Published on January 31 2016 12 05 pm Tags SpiceJet Please Wait while comments are loading More on this story Ricoh India Rajesh Exports among 19 stocks that surged over 100 in one year SpiceJet offer For Rs 299 Fly For Sure scheme promises to mitigate flight disruptions Spicejet increases its ticket cancellation charges Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 India s biotech moment A made in India Zika virus vaccine Sanam Teri Kasam collections at Rs 1 25 cr Valentine s Day booster shot missing New Mahindra cars at the Delhi Auto Expo 2016 From Real Madrid to Chelsea Know the top

    Original URL path: http://www.financialexpress.com/article/industry/companies/legacy-issues-to-be-addressed-in-2-3-quarters-spicejet-chief/204779/ (2016-02-08)
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  • Print: B-schools see strong placements; 12% rise in avg offer size – The Financial Express - Page 99
    year and hiked the average offer size Some of the country s leading business schools like IIM Bangalore IMI â New Delhi and IIM Kozhikode are revelling in robust placements results IIM Kozhikode saw over 119 recruiters and 370 offers The average salary offered to the students was Rs 17 1 lakhs per annum a rise of 12 per cent from last year and highest domestic package offered was Rs 37 lakhs per annum IMI New Delhi also saw robust placements particularly from the BFSI FMCG IT and manufacturing sectors Offers from the analytics and the consulting domains also increased Recruiters have also increased their compensation with the average compensation rising to Rs 14 9 lakh per annum The highest salary offered at IMI New Delhi this year is Rs 29 lakh per annum IMI â New Delhi Professor of Marketing DEAN Placements Corporate Relations Manaswini Acharya told PTI IIM Bangalore also successfully concluded an accelerated summer placement This year IIM Bangalore saw participation of 410 eligible students and over 150 companies came to hire students for summer stint in roles such as consulting investment banking sales and markets and product management among others Ankur Agrawal Placement Representative IIM Bangalore said Consulting firms continued their preference towards hiring IIMB students with some of them making unprecedented number of offers Also marquee and first time PE VC firms added to the quality of offers rolled out to the students Around 30 per cent of the entire batch received offers in consulting sector which also included names like Bain Co Strategy A T Kearney and Roland Berger among others Accenture with 16 offers and McKinsey Co with 12 offers were also top recruiters this year Meanwhile at the end of recruitment cycle for summer internship 2016 across Indian Institute of Managements IIMs

    Original URL path: http://www.financialexpress.com/article/industry/jobs/b-schools-see-strong-placements-12-rise-in-avg-offer-size/204737/99/print/ (2016-02-08)
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  • Print: Government eases norms for bureaucrats going abroad for training – The Financial Express - Page 99
    the ministry has issued an office memorandum saying approval of SCoS is not required in case of foreign visits of up to Joint Secretary level officers as part of foreign training component mid career training programme or any other training irrespective of number of members and days The memorandum was issued to clarify certain aspects of a circular issued by the ministry earlier this month regarding foreign visits by bureaucrats

    Original URL path: http://www.financialexpress.com/article/industry/jobs/government-eases-norms-for-bureaucrats-going-abroad-for-training/204796/99/print/ (2016-02-08)
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  • Etihad Airways offers special fares | The Financial Express
    the minimum economy class fares of Rs 40 289 offered by Etihad Airways are for Frankfurt the maximum fares Rs 66 037 are for the Brazilian city of Sao Paulo Similarly the minimum fares offered for business class stands at Rs 90 576 for Rome while the maximum fares Rs 1 67 785 are for the airline s San Francisco flight Travellers to the US have the additional benefit of clearing US Immigration and Customs at the US Pre Clearance facilities at Abu Dhabi International Airport during their transit the airline said This ensures they arrive in the United States as domestic passengers and avoid the need to complete immigration formalities upon arrival it added First Published on January 29 2016 6 51 pm Tags Etihad Airways Please Wait while comments are loading More on this story Etihad Airways pact helps Jet Air fly high on international routes Etihad elevates Neerja Bhatia as VP for India Subcontinent Jet Airways mulls extending lease of six aircraft with Etihad Calculators Tax Calculator House Loan Calculator Financial Planner Inflation Planner Pension Calculator Employee PF Calculator Equity Screener Auto Loan Retirement Plan Savings Investment Guidance Videos BMW 7 series Merc S600 showcased at Auto Expo 2016 Auto Expo 2016 Maruti Suzuki Ignis Baleno RS unveiled Auto Expo 2016 Toyota Innova Crysta MPV makes its India debut Auto Expo 2016 New Hyundai Tucson SUV revealed Galleries IPL 9 auction Market Capitalisation Employment index Vegetable oil import BSE Sensex more PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again box office collections soar to Rs 14 85 cr by day 2 New Mahindra cars at the Delhi Auto Expo 2016 In the news PM Narendra Modi inaugurates Paradeep oil refinery Top 10 takeaways Sunny Deol starrer Ghayal Once Again

    Original URL path: http://www.financialexpress.com/article/industry/companies/etihad-airways-offers-special-fares/204134/ (2016-02-08)
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  • RBI Guv Raghuram Rajan warns against fiscal deficit driven growth | The Financial Express
    are voices suggesting weakening the fight against inflation He said Let me reiterate that macroeconomic stability relies immensely on policy credibility which is the public belief that policy will depart from the charted course only under extreme necessity and not because of convenience If every time there is any minor difficulty we change the goal posts we signal to the markets that we have no staying power Let me therefore reiterate that we have absolutely no intent of departing from the inflation framework that has been agreed with the Government We look forward to the Government amending the RBI Act to usher in the monetary policy committee further strengthening the framework Macroeconomic stability Rajan stressed would be the platform on which we will build the growth that will sustain our country for many years to come no matter what the world does On the interest rate he said both industrialists and retirees overstate their case and the way to resolve their differences is to bring CPI based retail inflation steadily down RBI is scheduled to announce the next bi monthly monetary policy on February 2 Rajan also cautioned against raising tariffs to protect the domestic industries which are facing problems Clearly there are industries in trouble We should however be particularly careful about raising tariffs at a time when costs are falling everywhere aside from the inflationary impact for every happy domestic businessman whose prices are raised by the imposition of tariffs on imports we have an unhappy domestic businessman whose costs are raised by the very same tariffs as well as unhappy consumers he added Rajan said that though RBI is in fine fettle the world today is much less comforting as industrial countries were still struggling with a few exceptions to grow Our fellow BRICS all have deep problems with confidence about China waxing and waning Indeed India appears to be an island of relative calm in an ocean of turmoil he said Citing the example of Brazil which is facing double digit inflation Rajan said it is confronted with financial problems because it tried to grow too fast on the back of substantial stimulus He added While the Brazilian authorities are working hard to rectify the situation let us not ignore the lessons their experience suggests It is possible to grow too fast with substantial stimulus as we did in 2010 and 2011 only to pay the price in higher inflation higher deficits and lower growth in 2013 and 2014 Of course India is not in the same situation today Given the inhospitable world economy and two successive droughts either of which would have thrown the economy into a tail spin in the past it is to the immense credit of the government that we have over 7 percent growth low inflation and a low current account deficit But it is at such times that we should not be overambitious The Brazil s experience suggests that the enormous costs of becoming an unstable country far outweigh any

    Original URL path: http://www.financialexpress.com/article/industry/banking-finance/aggressive-policies-for-small-growth-benefits-may-make-india-unstable-economy-rbi-guv-raghuram-rajan/204158/ (2016-02-08)
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  • Print: Infosys co-founder Narayana Murthy bats for Indo-US tie-up in higher education – The Financial Express - Page 99
    Indo American Chamber of Commerce IACC conclave on Vision 2020 here Noting that the US was the undisputed number one in higher education and research he said that to make the Prime Minister Narendra Modi s Make in India dream a success scientists and engineers would have to first discover and innovate If we want to find solutions to problems in education healthcare agriculture nutrition and in shelter our scientists and engineers will have to discover and invent before making in India Murthy said citing recent remarks of Nobel laureate and string theorist David Gross on Indian science and technology He called for partnerships with consortia of reputed US universities in each area and exchange of faculty and students between Indian and American universities by hundredfold We will have to issue 10 year multiple entry visas every year to hundreds of thousands of US academicians Every conference in India certified to be an A grade conference will have to be given travel and stay grant for at least 50 academicians from the US The government must provide 50 travel and stay grants for Indian academicians to attend every such conference in the US Murthy urged As most Indian students going to the US for higher studies stay back by taking jobs in the industry or academia he said the government would have to sign an agreement with the US not to employ Indian students finishing research so that they could return to serve the country for at least 10 years Leaders of both countries have also to agree to send about 10 000 students 1 000 students in 10 areas of STEM or Science Technology Engineering and Math every year to do PhD in important areas in the US for the next 50 years This will cost us 5 billion

    Original URL path: http://www.financialexpress.com/article/industry/jobs/infosys-co-founder-narayana-murthy-bats-for-indo-us-tie-up-in-higher-education/204143/99/print/ (2016-02-08)
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