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Wednesday, March 31, 2010

Purify your Blood- Stay Healthy

Blood is vital to the body, Blood take care of health and other body parts functioning .The blood pumping through veins is lifeline for us.It distributes oxygen, nutrients, and hormones throughout the body, while removing waste and toxins from the body.The blood also carries the necessary proteins needed to seal of wound.

When there are too much toxins in the blood and body, it causes fatigue, headaches, allergies, breathing problems, lower immune systems and many more health related problems.

Blood Purifiers are substances that a person can take to help remove harmful toxins from the blood and body.Turmeric, Neem, Tulsi (basil) all have natural ingredients that help purify the blood and detox the body.

Appropriate measures to be taken to improve circulation and purification of blood. This will reduces the incidence of pimples, anaemia and so on.

1. Drink carrot,grape juice, beetroot- improves the hemoglobin content.
2. Honey improves the hemoglobin content thereby improving circulation. It is rich in iron, manganese and copper.
3. Drink plenty of water and reduce the intake of fried, fatty foods.
4. Garlic is a great blood cleanser.Garlic purifies the blood and thereby clears the skin of boils, pimples and skin spots.
5. Raw fruits and vegetables intake should be increased.

Stay healthy..

Tuesday, March 30, 2010

Purchasing a HOME / Flat...

We all have dreams to live a happy and enrich life. Buying a home/flat is one of the desire we all want. It involves a huge amount of money,make sure that right decisions and measures are considered.

The actual process of buying a flat is not very complicated. Even if you do not understand it, your seller will be more than happy to explain each and every thing to you. The difficult part is, knowing that you are not being "fooled" or "cheated" by someone.

When choosing the location of your home/flat,consider these questions:

- Nearby location for buying fruits/vegetables/eatables.
- Nearby doctor’s clinic or hospital nearby?
- Close to public transport
- Also consider distance from educational institutes /offices.
- Location / neighborhood.
- If the flat is on a high floor, is there a lift service( with generator backup) available in the building?
- Does enough sunlight come into the house/ Is there enough ventilation?
- What are the amenities the society is providing?
- What is the carpet area/ actual living area.

The builder might tend to design the flat such that the bathroom is close to the kitchen. This is done to reduce plumbing costs. But this tends to clutter up the house and reduces the ventilation of other rooms of the house. Make sure that this is not the case.

It would be a good idea to check up on the quality of construction and do the background verification of builder.

Check with Home loans.Best way to compare offers: Go to the different institutions providing housing loans and ask them to calculate and give you the “net” amount of money you will have to pay over the time - in terms of interests and EMI.We must negotiate. Also choose "fixed" or "floating" interest rate!

Before making final decision to buy property, make sure that the land on which the property is being built, is free of any legal problems.

HIDDEN COSTS : We have to pay a "stamp duty" of approx of 6% to 12% of the total cost of the sale. Besides that,registration fees. All these will increase the total cost. There will also be "maintainance costs", property taxes...and many other minor things. Negotiate on the basis of these things and get complete break up of all the prices involved.

HAPPY HOME...

Monday, March 29, 2010

Remedies for Acidity- Treatment..

We all enjoy and indulge ourselves in Food. Sometimes we have burning sensation in our stomach and bit uncomfortable. These are symptoms of Acidity and heartburn,which are due to presence of too much acid in your intake of food and not digested.

These can create excessive acid in stomach causing acidity and heartburn.
* Consumption of rich and spicy foods
* Eating speedily, very fast devoid of proper chewing
* Eating hurriedly while beneath stress
* Inappropriate sleep
* Alcohol utilization
* Overweight people may more face acidity problems.

Bananas have defensive action against the acidity and heart burn.

* Stay away from fried foods, pickles, hot spicy foods, vinegar, and chocolate
* Grind up the food properly. Do not consume in hurry
* Do not keep long gap between meals.
* Drink lots of water, at least 8 glasses each day
* Do not eat just previous to going to bed

Remedy for Acidity

* A good Home Remedy for Acidity is to chew up a few basil (tulsi ).
* Stay a small part of jaggery (gur) in your jaws and slowly suck it.
* Eat watermelon, banana or cucumber each hour.
* Consume coconut water a day.
* Drink a glass of cold milk for quick relief of heartburn and acidity..

Take Care

Sunday, March 28, 2010

Yoga for healthy life- Pranayam, Kapalbhati (Breathing Exercise)

Everyone would like to lead healthy happy life. We can achieve that if we are committed to Yoga...

Pranayam boosts the internal energy and makes us healthy, balanced and active. Sit straight; keep the neck and head absolutely straight.

Bhastrika: Take deep breathes and fill the lungs with air and then exhale. Take deep breath but do not fill the air in the stomach. Air should be filled up to the diaphragm. Inhale deeply and exhale completely so that the lungs become free of air. Do not stop the breath. This is one step. Repeat in this manner several times. However, the patients of high blood pressure and heart patients should do it slowly. During this breathing exercise, imagine that you are throwing all the disorders present in your body. The mind is becoming pure and pious. Practice pranayam from three to five minutes

Anulom-Vilom: Close the right nostril with the right thumb and breathe in from left nostril. Then close the left nostril with the little finger and ring finger and breathe out from right nostril. Breathe in and breathe out completely and deeply. Imagine that the divine energy is coming inside you and the disorders present in the body are going out of the body. Begin from five minutes and increase the duration up to 15 minutes.

KAPALBHATI:The process of kapalbhati is related to the breathing process, however it is not a type of pranayam. Process of cleaning the wind pipe is one of the part of purifying your body. Since this process is related to breathing, it should be performed sitting in Padmasan. The muscles of the stomach should be moved freely in this process.

Patients suffering from heart trouble, lung trouble should practice this under an expert guidance. Those suffering from diseases of blood circulation should perform the process very carefully. They should perform the process under the guidance and care of experts.

Rechaka is more important in the process. While performing Rechaka, it is to be performed by way of effecting a push with the help of stomach muscles. Keep breathing gradually while sitting in Padmasana. Inhale and start performing Kapalbhati as stated before. That means a strong Rechaka, natural Pooraka and again strong Rechaka and natural pooraka . Keep on doing this rotation swiftly in rhythmic manner. Perform as many cycles as possible and then keep breathing gradually. All these processes are included under one cycle of Kapalbhati.

The constant pushes exercise the muscles which are used for breathing, which increase their efficiency. Also, a certain pressure of air is created in the process which helps in removing he impurities in the breathing tube. The strong Rechaka and the minimal Pooraka help to push the impurities forward till they are thrown out of the body.

In this process of Kapalbhati, the carbon dioxide is thrown out of the body in large quantity and similarly in the same proportion, the oxygen is absorbed into the body. This increases the oxygen in the blood.

Saturday, March 27, 2010

Go Green - Avoid Plastic and Save Earth


Go Green

Once upon a time, not very long ago, there were no plastic bags. People would carry their own bags, made of cloth and jute and use them for their grocery shopping. Everything was dumped in the cloth bag. Things like sugar, rice, dal, were all packed in small brown paper bags and would sit cozily in the cloth bag.

But all that changed after plastic was born. Everyone sat up and took notice of this little kid that held a lot of promise. Soon plastic was used to make bags. Strong, light, and convenient plastic bags were everywhere. There was no need to carry anything to the market. All you needed to take was money or credit cards made of plastic. People would return home with their hands filled with loads of things all embraced in plastic bags.

Everything seemed hunky dory for a while until one day when a small boy asked his mommy, “How does plastic die?”

Mummy didn’t know the answer. She looked in encyclopedias and on web sites and realized that plastic does not die. They exposed it to sun, wind, rain but plastic survived. They tried to burn it but it gave out toxic vapors that could cause harm to living beings.

The small cute invention had turned into a monster that was swallowing earth. It could be recycled but that too was a painful resource consuming process.


Look around you; most things are made of plastic and while it is almost impossible to destroy plastic, the least we can do is avoid bringing more plastic inside our homes.

We urge you to carry your own cloths bags to shops and to reduce usage of plastic. Most cities in India have banned plastic bags, but some shops still give them.

Use cloth bags or use your old newspapers and make a bag out of them, that’s still better than plastic. You may also want to reduce using plastic products within your homes. Over time they turn toxic and pose health hazards. Most products at home can be replaced with steel, glass or earthenware.

Let’s try and control the Plastic monster!

Friday, March 26, 2010

Negotiate on CTC- Cash in HAND

After appraisal in IT Sector, both employee and employer have lot more job to do. Employees will be seeking out new opportunity with higher package and employer will be busy in retaining and hiring.

Also we may look new salary structures. We must understand the basics of CTC also some tips on negotiating your CTC and maximising your cash in hand.

What is CTC all about?

In simple language, CTC is the total direct salary employee get from a company. Along with fixed compensation like basic salary, allowances and perks, it includes other variable components like bonuses and incentive-driven commissions. Also PF contribution done by your employer or compulsorily by you, also form a part of your CTC (for instance, your employer’s contribution or your contribution to your provident fund).

Your take home is the aggregate of all payable monetary components, minus deductions like social security contributions and taxes on income.

If you are looking for a new job or a salary hike, Its better well advised to think about how to maximise your cash in hand, after all the deductions and taxes will be borne by you. Otherwise, you might be carried away by the promise of a high CTC, but one that results in about the same cash in hand as your previous job.As a result, economically you might not be any better off.

However, with the new rules for personal taxation, this has become more challenging, but not impossible.The cumulative effect of the recent changes in personal taxation now puts a higher burden on the individual taxpayer. Previously, certain benefits that you received from your employer were taxed to your employer under the fringe benefit tax (FBT). For most of these items the tax rate was 6.79%, and your employer would pass on the economic cost of this to you — the employee.

Under these rules, all benefits given by employer that were previously taxable to the company under FBT will now be taxable in your hands, as perks according to your tax slab rate. This puts a higher burden on an employee, and will reduce the cash in hand, even though one’s CTC is not affected by it.

If employer offers a range of tax-efficient options as a part of the company’s salary structure, then we can maximise cash in hand. Every company will have its own range of options that they can offer, depending upon its internal accounting policies and interpretations of the tax code. Nevertheless, as employees we can ask for options that can help mitigate the impact of the recent changes to the tax law.

Thursday, March 25, 2010

Investment for Saving Tax

We love Money when it flows into our account. But when it comes to paying taxes we are very much hesitated and make lots of investment plans to avail tax benefits.

It's that time of the year when everyone starts thinking about taxes. Or rather, what to do to minimize them.This time around, the tax payer has the going a little more easy.

Investing options are :

Infrastructure bonds

Investment in infrastructure bonds falls under the overall Section 80C limit of Rs 1,00,000 with no separate cap. So you have the choice of bypassing it for another investment.
These bonds will offer a return of around 5.5% to 6% per annum with a lock-in period from three to seven years. The returns are poor and at this stage in your life, there is no need to even consider such an avenue.

Equity Linked Saving Schemes

ELSS are diversified equity mutual funds with a tax benefit under Section 80C. Diversified equity mutual funds are those that invest in the shares of various companies of various sectors.

Since we are young, we have time to play with the stock market. Moreover, stocks should be part of our investments because not only do they add that extra zing to the portfolio, but they also give the best returns over the long term.

Under Section 80C, there is no cap on this investment. If you choose, you can invest right up to Rs 1,00,000 in this investment option.Investments in ELSS have to stay locked in for a period of at least three years. And, the returns can be great.

Public Provident Fund

PPF is a great long-term investment strategy.Employers usually provide an Employee Provident Fund for their employees.A percentage of the salary is deducted as Provident Fund and, generally, the employer contributes as much as the employee contributes into the fund.

Your contribution to the provident fund is eligible for deduction under Section 80C.The PPF is a government run fund where the entire contribution is voluntarily made by the individual himself.

House Rent Allowance

If a portion of your salary is marked as House Rent Allowance or HRA and you are paying rent, then submit rent receipts. This is the biggest saving from the tax burden, The total amount of rent paid or the amount earmarked as House Rent Allowance in your payslip, whichever is less, will be deducted from your gross income from salary. However, it should not be more than 50 percent of salary for those living in metro cities or 40 percent of salary for others. You will have to submit a lease document and your rent receipts should have a revenue stamp.

Life Insurance Plan as tax saving

All life insurance plans gives you the tax benefit so you should always go for plan which is suitable to your life and your financial planning.You need not buy every year new policy. If you think that you have already invested enough in life insurance plan but want to invest again then you should go for ULIP plans. Payout from life insurance policy is tax free.

Wednesday, March 24, 2010

Career Opportunity in INDIAN ARMY / NAVY / AIR FORCE

Everybody wants to be proud while associated with DEFENSE sector of our own COUNTRY..This is the job where you will have your Heads up and walk with Pride.

An officer in the Indian Army inherits glorious heritage and timeless traditions, blended perfectly with the latest technology in the fields of management, engineering and medical sciences. It offers a golden opportunity to be a part of the world's finest Army and get trained not only to be an Officer but also a Gentleman for life.

Two broad ways are available for those wishing to join the army as commissioned officers. A permanent commission is for those who want to make a career in the army until retirement, while a short-service commission allows you to join on a five-year contractual basis, after which you can exercise the option to continue or not.
For more information visit : www.indianarmy.nic.in

In today world there are so many possibilities for -The Indian Navy.This will give you all the training you need and help you make the most of what you have your talents, your skills, your spirit and your aspirations. Are you in search of a challenge young and bright, just out of school or university, have wide personal interests and hobbies, prepared to work hard and expect far more from your career than a remunerative pay packet ? You need a challenge – a job that grows with you and provides variety and excitement. That is what precisely the Navy offers you. The Navy offers an extraordinary range of exciting career opportunities together with the chance to travel widely, meet new people and to enjoy the warmth & camaraderie that is so special to this service.
Two Aspects : Officers and Sailors
For More Information Visit : http://www.nausena-bharti.nic.in/

Working in the Air Force is about being in the middle of supersonic jets, state-of-the-art technology and best of the people. You are where the action is. Air Force provides you with the most modern facilities, gives you an unparalleled way of life and creates an environment, where the best in you comes out.

Air Force has an exciting career opportunity for you. Join the Indian Air force to jumpstart a secure future for you and your family. Also you can explore multiple options in Aeronautical Engineering.Each trade offers opportunities to grow and enhance your skills. Depending on your inclination and talent/suitability you can move from one trade to the other and grow in ranking. One can even get commissioned as an Officer in the Air Force.

For more information : http://careerairforce.nic.in/career_opp/index.html

HR Interview Questions Tips for Freshers / Entry level

When it comes to appearing for Interview either it could be Technical Interview or HR interview, everybody has their own way to do certain things. But Don't forget: JUST STICK TO THE BASICS.

You Dress Well, Refine your speech and do the homework. Review your Biodata/ resume,Make yourself charming and Appropriate Presentation skill will enhance your chances for making an impact on the person sitting on other side of table whom so ever.

Following HR Interview Questions are likely to be heard in most of the times :

- Tell me about yourself: I am down-to-earth, smart, creative, industrious, and thorough. Dont just play around give enough of examples while using these words

-How has your experience helping you career:
From Academic Life beside from the discipline and foundation learning that have gained from courses, you also must explain how you think the design projects, reports, and presentations have prepared you most for your career.
From Work Experience: Through internships, I have gained self-esteem, confidence, and problem-solving skills. I also refined my technical specifications and learned to prepare professional documents for clients.
By working on multiple projects and domain keeping up my grades, I've built time management and efficiency skills. Additionally, I've developed leadership, communication, and teamwork abilities.
Life Experience:In general, life has taught me determination and the importance of maintaining my ethical standards.

How you Describe the ideal job: Ideally, I would like to work in a fun, warm environment with individuals working independently towards team goals or individual goals. I am not concerned about infrastructure and the level of formality. Most important to me is an atmosphere that fosters attention to quality, honesty, and integrity.

What type of supervisor have you found to be the best: I have been fortunate enough to work under wonderful supervisors who have provided limited supervision, while answering thoughtful questions and guiding learning. In my experience, the best supervisors give positive feedback and tactful criticism.

Hope few above mentioned HR interview questions help you to understand and do well with other fronts...

Best of Luck....

Tuesday, March 23, 2010

Oracle DBA Interviews - EMPTORIS PUNE

we are currently looking to hire Oracle Database Developer for the Engineering Group. Interested candidate meeting the requirement may apply to HR-ETI@emptoris.com

The detailed job description for Oracle Database Developer is as per below:

Oracle DBA / Sr. Oracle DBA:

- Ownership and maintenance of the logical and physical data model for the CSM product
- Review data modeling decisions for new functionality
- Review of complex queries being included in new functionality
- Query tuning and performance improvements (e.g. identification of indexes, etc.)
- Interfacing with the technical architect to maintain the database related portions of the installation guide.
- Interfacing with application management / hosting DBAs for physical storage planning for customer deployments as well as monitoring of production environments.
- In-charge of Development and QA databases from a system administration perspective. (ie. Creation of databases, migration, upgrades, security patches, storage, tablespaces, etc.)
- Interfacing with customer DBAs for behind-the-firewall customers for the CSM product
- Identification and promoting of Oracle features which can be successfully used for CSM features and functionality and improve efficiency and performance.

MUST:

1. PL/SQL Programming
2. Strong SQL Writing
3. SQL, PL/SQL Performance tuning
4. Basic Knowledge of DBA activities


Nice-to-haves:

- Oracle 10g to 11g migration experience
- Understanding of differences between Oracle Enterprise and Standard editions
- Experience with Oracle DataGuard for disaster recovery setup
- Experience with Oracle VPD (Virtual Private Databases) in a multi-tenant product setup


Experience level: 5 - 9 years

For more information contact: sprasad@emptoris.com

QA Lead Interviews - Emptoris PUNE

We are looking for QA Lead / Associate QA Lead for our Pune Location.

PFB Job Requirement for your reference.

6+ years experience in Software testing
Good understanding of software testing concepts;Web based applications architecture
Should have experience in installing & deploying web based applications/data base servers and doing basic trouble shooting
Ability to write SQL queries
Good understanding of test planning / test strategy

Roles & responsibilities:

Should be able to guide the team members functionally & technically
Should understand the requirements fully and initiate discussions with concerned people to seek clarifications on unclear/unspecified requirements
Should do the impact analysis of the changed requirements
Defect management which includes logging, reviewing bugs & expediting the bug fixing
Should be able to setup & maintain the test environment which includes installing/configuring database/web server on windows/UNIX, installing & deploying the application and doing trouble shooting when required
Should be able to design / understand Test strategy and create test cases and test data accordingly

Contact : sprasad@emptoris.com - For more details

Saturday, March 20, 2010

Salary, Compensation Benchmarking,Negotiation

Its good to “pick our own salary,” it is necessary to do so to determine our stand on the competitive market. Figure out a realistic yearly salary for yourself, which may be based on several factors:

* Your salaries at previous full-time jobs
* The salary others are making in your field
* A salary that is necessary to maintain your lifestyle, including non-business related expenses
* The salary of available jobs in your area that you are qualified for

If you are freelancing on your own, your salary should include not just the amount you need to maintain your desired lifestyle, but also a reasonable amount of profit. This profit may be your savings or may go back into your business. Also remember to calculate your income after paying taxes, making sure you can live off of your “take-home” pay. After completing this research, take note of your yearly salary goal.

Check your expenses: keep a watch on your Expense.

Adjust for Expenses Related to Working for Yourself:
As you will be working for yourself, you will not have some of the benefits of working for a company, such as insurance, paid vacation, sick days, stock options, and contributions to a retirement plan.

Determine Billable Hours: keep regular check on your billing rate and how much you are making profit while working for particular time frame.

Adjust for the market: You may find there are times to adjust your rate on a project basis, such as if you are working for a non-profit with a lower budget but you want to take the job. This is your call to make, based on how much you want particular jobs, the benefit to your portfolio, and the potential for follow-up work or leads.

You will also find that your rates will need to be increased over time to compensate for increased living costs and expenses. To do so, go through the process again, determine a new rate, and do the proper research to determine what the market will bear.

Friday, March 19, 2010

Walk in on 27th March for Snr QA Engg and Snr Dev- PUNE

Emptoris- Product Development Company -PUNE is the world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 2000 companies in every industry.

Hiring for Snr QA Engg ( 3-5 Yrs)- Experience in QA,Test Scripts,UNIX,SQL queries.

and Snr Developer ( Java/J2ee)( 3-6 Yrs)- Strong Experience in Java,Struts,EJB,SQL.

Remuneration: Best in Industry Standard ( Product Companies pay at par)

Excellent Work : SDLC, Product Development.

Schedule Walk in Interviews on 27th March 2010- PUNE office.

For more Info contact sprasad@emptoris.com.

ABC of Hacking

● Hacker (n) – refers to a person who enjoys learning the details of computer systems and stretch their capabilities.
● Hacking (v) – describes the rapid development of new programs or reverse engineering of already existing software to make the code better and efficient.
● Cracker – refers to a person who uses his hacking skills for offensive purposes.
● Phreak – a hacker variant with an interest in telephones and telephone systems.
● Hactivism – refers to an act of hacking in order to communicate a politically or socially motivated message. An Internet enabled way to practice civil disobedience and protest.

Ethical Hacker – refers to security professional who apply their hacking skills for defensive purposes on behalf of its owners.

Ethical Hacking – is also known as penetration testing, intrusion testing, red teaming.

Anatomy of a hack (Reconnaissance)-Refers to a preparatory phase where an attacker seeks to gather as much information as possible about the target of evaluation prior to launching an attack.
methodological manner.

Scanning – refers to a pre-attack phase when the hacker scans the network with a specific information gathered during footprinting.

Gaining Access- Gaining access refers to the true attack phase.

Maintaining Access-refers to the phase when the attacker tries to retain his ownership' of the system.

Covering Tracks- Covering tracks refers to remove the evidence of his presence and activities.

System Hacking-Remote Systems access

Denial of Service- An attack with which an attacker renders a system unusable or significantly slowdown the system

Thursday, March 18, 2010

IT Certifications - Professionals

IT professionals tend to have strong opinions for professional certification.

IT certifications boost numerous benefits. They add feature in the resumes, encourage higher salaries, and assist in job retention.

Observers believe the highest-level are — Microsoft’s MCSE ;SAP;SUN Certified; Cisco’s, etc. — are the only credentials that truly hold value.

The best IT certification for you, after all, is likely to be different from that for another technology professional with different education, skills, and goals working at a different company in a different industry. For that reason, when pursuing any professional accreditation, you should give much thought and care to your education, experience, skills, goals, and desired career path.Once a career road map is in place, selecting a potential certification path becomes much easier.


#1: SAP - SAP certification can give you a distinct competitive advantage.SAP has several domains- HR,ABAP( Technical),SD,MM,Industry Specific(IS),FICO.
In order to keep pace with the growing demand for SAP certification, Certification partners - Siemens,Genovate etc significantly enhanced and expanded theri certification program.

#2: Sun's certification program in Java technology is an industry recognized, worldwide program that focuses on critical job roles in software application development and enterprise architecture. Since these certifications focus on the technology, the knowledge and skills learned while preparing for Sun's certifications are transportable from one company to another.
Ex: Sun Certified Java Associate (SCJA);Sun Certified Java Programmer (SCJP);Sun Certified Java Developer (SCJD).

#3: CCNA- The Cisco Certified Internetwork Expert (CCIE) accreditation captures most of the networking company’s certification glory. But the Cisco Certified Network Associate (CCNA) might prove more realistic within many organizations.

#4: PMP- Some accreditations gain value by targeting specific skills and expertise. The Project Management Professional (PMP) certification is a great example.

The certification measures a candidate’s project management expertise by validating skills and knowledge required to plan, execute, budget, and lead a technology project. Eligible candidates must have five years of project management experience or three years of project management experience and 35 hours of related education.

#5: MCSE/MCSA - Even years after their introduction, Microsoft Certified Systems Engineer (MCSE) and Microsoft Certified Systems Administrator (MCSA) credentials remain valuable.

Career Opportunities in Shipping Industry

Shipping: a booming industry With high yields, high asset prices and lots of cash, there has never been a better time for the industry. The rising demand for shipping created a demand for the stocks of shipping companies.
There is a great deal of expertise behind a well found ship, or indeed a fleet of them, and the shipping industry offers a good, interesting career in large numbers of areas, in the shipping companies, and elsewhere in the maritime industry infrastructure. Ships have to be filled with cargo, managed efficiently, manned and voyages planned. They are expensive beasts, and their financing is acutely important, as is their insurance and other risk mitigating arrangements.

Shore side careers in the shipping industry might be divided into those which require technical expertise, perhaps obtained actually at sea prior to coming ashore, or with a background in marine engineering or naval architecture, and those in a commercial role. Shore side technical staff within the shipping company might include technical managers and superintendents, who provide the technical back-up for the ships and their crews, arranging repairs and dry-dockings, supervising newbuildings and ensuring that the ships are properly provided with spares and stores. There is likely to be a manpower component here, ensuring that the crews are appointed to the vessels, and the often complex business of travel and visas is properly organised.

Commercial staff will be concerned with the operation of the ships, organising their voyages, and keeping their complex accounts to ensure that freights are collected, disbursements paid and that all is properly accounted for. There will be accountants, professional shipbrokers and people with legal knowledge here in the management team which is making the daily decisions that will direct the voyages of the fleet units.

Traditionally, young people entering the shore side of shipping would have begun as juniors, or apprentices, working in the offices and studying for their qualifications in the evening or day-release schemes. Some large shipping companies do offer well structured training schemes for their employees. Increasingly, colleges and universities are offering courses - undergraduate or post graduate - in maritime business, recognising the need for specialist vocational training at a high level. Typical of these courses might be a BSc in Maritime Business with logistics, or maritime law, others offering a strong grounding in finance or marketing, maritime commercial practice and international trade. Other courses offer specialist education in economics or port management, maritime policy and shipping finance.

It is perhaps a recognition that the shipping industry does have a need for well-educated people in every department, if it is to be successful in a competitive world.

Wednesday, March 17, 2010

MICR,IFSC,NEFT, RTGS- Banks Codes

Many of us have been come across Jazz words from various financial institutions like MICR, IFSC, NEFT, RTGS. The banking community is trying to convert us into savvy online account holders. You can see your cheque book and Look for these:

MICR No: Magnetic Ink Character Recognition People in the finance industry tend to say ‘What’s your maika no.- the nine digit number that appears after your cheque no. Decoded, the first three digits represent the city that your account is in. The next three digits represent your bank and the last three indicate the branch of that bank.

IFSC Code: Indian Financial System Code . This is used inter-changeably with the NEFT code. It is made up of 11 alpha-numeric characters and, on the new cheque books, is printed on the face of your cheque. The first four are usually alpha and you should be able to spot the name of your bank in it. For example, MAHB would stand for Bank of Maharashtra. The fifth character is usually a ‘0’. The last six numerals represent the bank branch details.

Snapshot 1
Understand how the system works, so that if you ever need to track some missing money, you know your way around. In the past, if a cheque got lost, most of us called the bank to cancel it, got a new one and informed the issuer. All we needed was the cheque number. So, what do you do when everything is happening in cyberspace?

NEFT :Very simply, banks now use electronic platforms to transfer money to you instead of cheques. For smaller amounts, usually less than a lakh, they use NEFT (National Electronic Fund Transfer). If a fund house has declared a dividend, it gives its bank the list of investors along with their IFSC/MICR codes. The bank prepares and sends a message to the local RBI cell which sorts all the transactions in received and then forwards them on to the respective banks. (A bit like how the post office sorts out your letters based on the pin code.) Voila. Your account gets credited.

RTGS:For larger chunks of money, where the amount is over a lakh, banks also use another electronic platform where speed is of essence. This is called RTGS (Real Time Gross Settlement). The main difference is that it gets processed immediately.

Some helpful hints
Unlike cheques which have unique cheque nos, NEFT transactions are bulk transactions – which means that there is no unique number for you. So, if you need to track your money, first check that the bank sending the money has the correct bank account no, that the name matches and of course the IFSC/MICR nos are ok. If so, then ask them to check for bounced NEFT instructions in their system.

IF the transaction was done via RTGS, tracking is easier, but you still have to go back to the fund house and get your unique transaction no. before your bank can help you.

Career Opportunities in Banking

Banking is also one of the lucrative career choice among the students. It is an entry into a well paid, secure and status career. There is myth that these jobs are meant for commerce/economics students but majority of bank officers are from different streams of education. it is also not a fact that top positions in Foreign/Multinational Banks are held by MBA's from Premier Management Institutes. Though the Public sector Banks are now appointing management graduates, CAs and CFAs but bright graduates from any subject can get entry in the Public sector Banks through an All India Examination conducted by them.

The emergence of technology-driven new private banks have broadened the scope and range of banking service and entry of Financial Institutions are into the short-term lending business, is resulting in needs for more professionals. Now banks are in the mutual funds , securitisation business credit cards, consumer loans, housing loans, housing loans besides trading in gold and forex activities.

Generally banks hire for expertise in project analysis, credit appraisal skills, managing huge loan portfolios general and foreign exchange and money .Good computer knowledge is always preferred.

There are following type of Commercial Banks: Public sector Banks ; Private sector Banks ; Foreign/Multinational Banks.
Pvt Sector Banks are more technology savvy and offer better salaries than Public sector Banks. Unlike public sector banks, the promotional avenues are not time-bound.

Foreign Banks are the most sought after due to their salary packages comparable to the best in the country and better job profiles. However, in addition to personal performance, the job security in these banks is also dependent on various external factors, like the economy of the parent country, performance of the bank worldwide, change in expatriate management etc.

Public sector Banks recruit mainly graduates at the entry level on the basis of All India Level examination. However professionals like engineers, doctors, technologists, lawyers, ex-defence officers etc are recruited on senior positions through All India tests.

Private sector/Foreign Banks prefer to take MBA's, CA's etc at junior positions through Campus recruitment and interviews. However, at the senior positions they opt for experienced bankers. Thus the officers from Public sector Banks become the natural choice for such positions. Thus job-hopping has become an well-accepted norm in the Industry.

Therefore joining a Public sector Bank as Probationary Officer (Direct Officer) on the basis All India exam has become a stepping stone for the career growth in the Banking Industry.

Monday, March 15, 2010

Software Technologies / Domain to Choose

IT Sector is booming and too make a strong Impact in terms of Salary. If you are a computer graduate and looking for exploring opportunity in IT Sector then Just GO FOR IT.

Following are the path you can opt for, which will help you to get into best of IT jobs and a stepping stone for future.

1. Oracle DBA and APPS DBA courses with SQL Queries : Patching, DB upgrade, RMAN, Grid Control, Apps 11i Arch. overview, 10gAS overview etc.
Oracle DBA with SQL is to be consider as Highest paid jobs in IT. As companies need these professionals for there DATA Support and Migration.

2. Java / J2EE Sun Certification : Well Java and J2EE is most common technologies used by Software companies. There are most of IT Professionals in this band. Even Colleges have Curriculam of Java/ J2EE. Better your upgrade your self and do the Certificaion.

3. Combination of Skills : As mentioned its always better to upgrade and update your self in IT Sector. you must work wtih different technologies. In Other terms this could be consider as on of Niche Skills. for ex :
---> Make a combination of Java/j2ee and C++.
---> AIX and Solaris + Windows;
---> Oracle dba + Build and Release.
---> Development + Testing.

4. Niche Skills in IT Sector : There are Niche skills in IT sector,where its difficult to find Professionals as per business requirement. for Ex :

--->SAP– IS( Industry Specific) - (Oil & Utilities)
---> EAI - TIBCO, Seebeyond, WBI, Weblogic Integrator, Webmethods, Vitria

Also you have to keep exploring challenges in Different Domains : Banking, Finance, Manufacturing, Storage, SUpply chain, etc...

Lots more to find out...

IT Courses for Fresher / Graduates

IT Sector is booming and too make a strong Impact in terms of Salary. If you are a fresher or computer graduate and looking for exploring opportunity in IT Sector then Just GO FOR IT.

Following are the courses you can opt for, which will help you to get into best of IT jobs and a stepping stone for future.

1. Oracle DBA and APPS DBA courses with SQL Queries : Patching, DB upgrade, RMAN, Grid Control, Apps 11i Arch. overview, 10gAS overview etc.
Oracle DBA with SQL is to be consider as Highest paid jobs in IT. As companies need these professionals for there DATA Support and Migration.

2. Java / J2EE Sun Certification : Well Java and J2EE is most common technologies used by Software companies. There are most of IT Professionals in this band. Even Colleges have Curriculam of Java/ J2EE. Better your upgrade your self and do the Certificaion.

3. Combination of Skills : As mentioned its always better to upgrade and update your self in IT Sector. you must work wtih different technologies. In Other terms this could be consider as on of Niche Skills. for ex :
-Make a combination of Java/j2ee and C++.
- AIX and Solaris + Windows;
- Oracle dba + Build and Release.
-Development + Testing.

4. Niche Skills in IT Sector : There are Niche skills in IT sector,where its difficult to find Professionals as per business requirement.

Sunday, March 14, 2010

Salary Structure for better Return

Make the best of safe components in your salary structure

“Why does a slight tax increase cost you 1000 Rs and a substantial tax cut save you 100 Rs?”

Your salary structure could provide an answer. With inflationary trends on the rise and the annual Budget presented recently, what are the safe components of your salary structure? After all, “money saved is money earned!”

What does, however, ‘salary’ include? Salary includes basic salary, bonus, wages, pension, fees, commission, gratuity, encashment of leave salary, advances and arrears, profits in lieu of salary, allowances and perquisites. An ‘allowance’ is a fixed sum of money given regularly for meeting requirements of an employee while a ‘perquisite’ is a benefit attached to an office.

Salary income is taxable in the hands of an individual in the year of receipt or earning of salary income, whichever is earlier. Here are some of the safe components of your salary structure:
• If you live in a rented an accommodation and are entitled to a house rent allowance (HRA), the same is exempt to the extent of least of the following; 50 per cent of the basic salary, excess of rent paid over 10% of basic salary, actual HRA received. However, you cannot take benefit of HRA, if you live in a rent-free accommodation or live with your family or in your own house.
• Conveyance allowance for commuting between home and office is exempt up to Rs 800 per month.
• Children’s Education Allowance is exempt up to Rs 100 per month per child up to a maximum of two children.
• The value of any travel concession or assistance received by or due to you from your employer for yourself and your family in connection with proceeding on leave to any place in India subject to prescribed conditions.
• Leave encashment while in service is taxable, but is exempt at retirement, subject to prescribed limits and conditions.
• An allowance to the extent actually incurred to meet the cost of travel on tour or on transfer, expenses incurred on conveyance in the performance of official duties, expenditure on helper engaged in the performance of duties, daily charges on account of absence from normal place of duty on tour are exempt.
• Reimbursement of health insurance premium by your employer for you and your family is exempt.
• Actual expenditure incurred on your medical treatment or any of your dependents is exempt up to Rs 15,000 per annum as medical reimbursement subject to provision of bills. If you are paid a medical allowance instead of reimbursement, the same is fully taxable.
• In case you are entitled to a free or concessional company-provided accommodation, the same would be valued based on stipulated conditions.
• If the company provides you a car for personal and official purposes and reimburses the fuel, insurance, maintenance and driver’s salary, the taxable value shall be: in case the cubic capacity of the car is less than or equal to 1.6 litres – Rs 1,800 per month (plus Rs 900 for the driver) and in case the cubic capacity of the car is greater than 1.6 litres – Rs 2,400 per month (plus Rs 900 for the driver).
• In case you use your own car for official and personal purposes and the company reimburses the running and maintenance cost, the taxable value shall be: in case, the cubic capacity of the car is less than or equal to 1.6 litres – actual amount met or reimbursed by the employer less Rs 1,800 per month (plus Rs 900 for the driver) and in case the cubic capacity of the car is greater than 1.6 litres – actual amount met or reimbursed by the employer less Rs 2,400 per month (plus Rs 900 for the driver).
• The reimbursement of telephone expenses including a mobile phone actually incurred by you on behalf of your employer is not taxable in your hands.
• The reimbursement of health club, sports club membership fees and similar facilities provided uniformly to all employees would not be taxable in your hands.
• Free meals provided to you through paid vouchers, not transferable and usable only at eating joints to the extent of Rs 50 per meal are safe.
• Asset assistance given by your employer. For example, provision of a computer or laptop owned by the company and provided to you or any member of your household is not taxable in your hands.

Savings for Retirement

Most 25-year-olds have an aspiration to retire at the age of 40. They would like to spend their working life earning lots and pots of money.
At the other end of the spectrum, many 45-year-olds do not intend to retire at all, and would prefer to “die with their boots on”. They would like to pursue their interests and change their careers; maybe, even allow for a drop in earnings, but they are certainly not considering retirement.

What is Retirement?

From a financial planner perspective, retirement is when I stop depending on my vocation, skills and expertise to earn my bread, and fall back on the assets that I have created to give me adequate funds to manage my day-to-day living, after keeping aside money for emergencies so that it will last me for my lifetime. The biggest variable in this equation is, of course, that I do not know till what age I will live.

Life Expectancy and its impact on Retirement

In the not-so-distant past, people started work at the age of 20, worked in the same organisation till their retirement age of 60, and if they were lucky, lived to the age of 70. Mathematically, they worked for 40 years and their savings were required to last them the next 10. Various factors have since conspired to ensure that life expectancy has continued to rise. In our financial plans today, we consider life expectancy to be 85-90 years; and my fear is that this will continue to rise. Combine this with the growing concept of the nuclear family, and we suddenly realise that we need to plan for the time when we are not only old, but alone.

Do your Homework :

Suppose you are 25 years today and intends retiring at 40. Assuming you invests all his savings of Rs 25,000 per month (see table alongside) at 12% pa, you will accumulate a corpus of Rs 1.25 crore at age 40. During this time, inflation of 6% p.a. will increase his expenses to Rs 120,000 per month. In the course of our workings, we tend to consider returns of just 1% p.a. over inflation in the post-retirement phase. Even if your expense levels do not increase (which is unlikely once he has a family), and if you takes extra risks and earns 2% p.a. over inflation in his retirement days, the corpus will last under 10 years.

A Practical Solution

If the corpus was to last 40 years into retirement, the corpus required is nearly Rs 4 crore, which is a tough ask by the age of 40. Instead, if Sid was to extend his retirement age to 52 years, the corpus will rise to Rs 6 crore, and that will last him till the age of 80 years. Maybe, today’s youngsters need to consider this example carefully before deciding at what age they can retire, gracefully.

Saturday, March 13, 2010

Professional Courses after 12th,HSC,Intermediate,10+2

Career Planning quite tricky for both students and their parents. Most of us go through the same dilemma after passing class 12th exams or during graduation. Career options for students who are pursuing professional courses/degree, are quite clear but for the remaining, a lot of thought goes into choosing the right option after graduation.

A lot depends on the interest of the student but attraction of the career and job prospects also play an important role in making the decision. Besides top paying career options such as MBA, Software,Engineering,Chartered Accountancy, Journalism, Medical, Advertising, PR and architecture, there are numerous other career options in Defense, Shipping,sports, law, fashion designing, research & development and administrative services.

If you have financial Backup -then apply for SAT,IELTS,TOEFL and have bright opportunities oversees. You can study as well as earn good amount of money.

Whether you opt for a career in jobs or prefer to be on your own, you must appreciate that there is huge competition. In view of new developments by the information technology (IT) and globalisation of the economy, there are now more options than ever before. You will have to look for these options. Also that these are days of specialisation.

Career Planning is to be done at the age that could be considered appropriate for making a start. It is the age of 14-15 years when you enter the Ninth Class under the 10 + 2 pattern of education. This is the formative age to shape your career. Much more important reason, however, is that it is after the 10 + 2 level that a wide variety of course options are available to choose from. This means that as the first step you will have to choose from the three streams viz., science, arts and humanities, and commerce and the appropriate combination of subjects, when you enter the 10+2 level. This choice would determine the course options available to you after the 10 + 2 level. If you want to take up engineering degree course, you should not only join the science stream but should also opt for the combination comprising Physics, Chemistry and Mathematics.

Before you enter the 10 + 2 stage, you may like to consider which syllabus provides wider options. As you are aware, there are three Secondary Boards viz., the Central Board of Secondary Education (CBSE) and Council for the Indian School Certificate Examination (ICSE) and the State Boards, each having its own syllabus. While the CBSE and ICSE syllabuses permit combining biology and mathematics, not all the State Boards provide similar opportunity. However, as the number of CBSE and ICSE affiliated schools in States is small, you may have to opt for the State Board syllabus.

Before you embark upon career planning you may have to consider two issues:

1. Do you need an immediate job because of some adverse family circumstances?

2. Is your family financially sound enough to pay for your professional education?

If you need a job, but still want to pursue higher education, you may like to take up a suitable course through distance learning mode. There are now many options available. You can study according to your own pace and convenience. You can even study both the secondary (Class 10) and higher secondary (10 + 2) courses through the distance-learning mode. You may be aware that in professional colleges there are two categories of seats "free seats" and "payment seats".

Since the tuition fees for "free seats" are highly subsidised, you pay much less compared to those for "payment seats". Generally, "free seats" are allotted to students on the basis of the performance at the entrance tests. You will, therefore, have to strive very hard if you want to get a "free seat" in professional colleges. If your family is unable to bear the cost of professional courses, you may choose a professional course, which also promises a reasonably good career at an affordable cost. Career planning should be done by two steps:

1. Assess your strengths and weaknesses, likings, aptitudes and interests.

2. Gather as much information as possible about the various educational opportunities and choose one that conforms to your assessment.

Both are easier said than done. Therefore, it is necessary for schools establishing their own career and course information centres and provide guidance and counselling to their students. Never take the claims of flashy advertisements in newspapers and other media at their face value.

If you do not intend to pursue university education, you may opt, after the 10th class, for various Vocational Courses available in different areas. The most sought after ones of course are the polytechnic courses of three-year duration leading to diplomas in different branches of engineering and technology. The advantage of polytechnic courses is that in some branches a diploma holder can make a lateral entry into degree level engineering courses. A clear idea about the vocational courses, therefore, would be helpful in taking an appropriate decision.

There is a common belief that science is the most important subject, compared to humanities or even commerce. There is also a general feeling in our society that the best students opt for science. This is an assumption of most parents, students and teachers. In fact, brilliance and intelligence is not the exclusive preserve of science. If a student is interested in doing engineering courses, such as civil, mechanical, electronics, metallurgy, computers.The option should be for a combination of mathematics, physics and chemistry (MPC). If you wish to take up medicine, dentistry, agricultural science, dairy science or biological sciences (biochemistry, biotechnology), the combination should be biology, physics and chemistry (BiPC).

You can also opt for courses outside the university stream, such as hotel management, fashion technology, industrial design, packaging, aircraft maintenance engineering, and a host of post 12th /10 + 2 level vocational courses. However, if you are very clear that science is not your cup of tea, there is no point in wasting two precious years simply because it keeps many options open. It would rather be desirable to explore the opportunities the other fields offer.

Next to science, commerce stream opens up a variety of options after 12th/10+2 stage. Some examples are: company secretary-ship, chartered accountancy, cost accountancy, business management, computer. Although chartered accountancy, cost accountancy or company secretary-ship course can be taken up after 10 + 2 (after successfully completing the Foundation Courses) you should be aware that each year only a small percentage of those who take the examinations get through. It may, therefore, be wise to obtain the basic BCom degree first. BCom with Computer as one of the combinations is now a much sought after course

In all the three streams, students can now opt for job-oriented vocational subjects at the first degree level available in selected colleges affiliated to many universities. Another recent development has been the diversification of courses, professional in nature, at the first-degree level itself, although the number is institutions offering such course is still small. International postgraduate programmes of five-year duration after 10 + 2 in several subjects are being introduced by some universities

Whatever stream you may select, you should put in your best efforts, which would surely lead to the path of success. Obtaining high marks in the qualifying examinations will put you in a comparatively better position to get into the course of choice after the 10 + 2 level.

BEST OF LUCLK, WORK HARD AND ENJOY THE LIFE....

Friday, March 12, 2010

Walk in for Freshers - Mphasis PUNE

Announcing the Great MphasiS FRESHER Hunt

As promised to many of you who had enquired about recruiting recent graduates, we are now kicking off our Freshers Recruitment Drive. Starting this week, we are hiring 2009 graduates with a BE / B.Tech / BSc. / BCA or MCA degree. This search will take us across India to find the most talented freshers to join the ranks of our fast growing family.

All you need to do is reach out to the freshers you know and ask them to register at http://mphasis.aspiringminds.in. Upon registration, all those who meet the eligibility criteria (available on the url) will be emailed instructions on next steps. Registration ends March 14, 2010, so act fast. Interviews will be conducted March 17th onwards across multiple cities and will be by invitation only.


Please note that this drive is outside of scope for the referral payouts that were part of the “Great MphasiS Treasure Hunt”. This drive will be governed as per the standard Referral Payout policy.


Global Staffing Head

visit the career section on my.mphasis.com

Emptoris PUNE is Hiring for Foreign Language Translators

Emptoris - A product development software company -PUNE is the world leader in innovative supply and contract management software solutions that empower enterprises to realize best value and accelerate profitable growth.

We are hiring for Foreign language translators - Italian, Turkish, Japanese,German.
Please send across your resume at the earliest - sprasad@emptoris.com; If you are residing at any other country we will reimburse your VISA and Travel Expenses.

Regards
Shekhar

BSE SENSEX

The Sensex has a very important function. The Sensex is supposed to be an indicator of the stocks in the BSE. It is supposed to show whether the stocks are generally going up, or generally going down.

To show this accurately, the Sensex is calculated taking into consideration stock prices of 30 different BSE listed companies. It is calculated using the “free-float market capitalization” method. This is a world wide accepted method as one of the best methods for calculating a stock market index.

Please note: The method used for calculating the Sensex and the 30 companies that are taken into consideration are changed from time to time. This is done to make the Sensex an accurate index and so that it represents the BSE stocks properly.


Market capitalization-
You probably think that you have never heard of the term “market capitalization” before. You have! When you are talking about “mid-cap”, “small-cap” and “large-cap” stocks, you are talking about market capitalization!

Market cap or market capitalization is simply the worth of a company in terms of it’s shares! To put it in a simple way, if you were to buy all the shares of a particular company, what is the amount you would have to pay? That amount is called the “market capitalization”!

Many different types of investors hold the shares of a company! The Govt. may hold some of the shares. Some of the shares may be held by the “founders” or “directors” of the company. Some of the shares may be held by the FDI’s etc. etc!

Now, only the “open market” shares that are free for trading by anyone, are called the “free-float” shares. When we are calculating the Sensex, we are interested in these “free-float” shares!

A particular company, may have certain shares in the open market and certain shares that are not available for trading in the open market.

According the BSE, any shares that DO NOT fall under the following criteria, can be considered to be open market shares:
• Holdings by founders/directors/ acquirers which has control element
• Holdings by persons/ bodies with "controlling interest"
• Government holding as promoter/acquirer
• Holdings through the FDI Route
• Strategic stakes by private corporate bodies/ individuals
• Equity held by associate/group companies (cross-holdings)
• Equity held by employee welfare trusts
• Locked-in shares and shares which would not be sold in the open market in normal course.

A company has to submit a complete report about “who has how many of the company’s shares” to the BSE. On the basis of this, the BSE will decide the “free-float factor” of the company. The “free-float factor” is a very valuable number! If you multiply the "free-float factor" with the “market cap” of that company, you will get the “free-float market cap” which is the value of the shares of the company in the open market!
A simple way to understand the “free-float market cap” would be, the total cost of buying all the shares in the open market!

So, having understood what the “free float market cap” is, now what? How do you find out the value of the Sensex at a particular point? Well, it’s pretty simple….
First: Find out the “free-float market cap” of all the 30 companies that make up the Sensex!

Second: Add all the “free-float market cap’s” of all the 30 companies!

Third: Make all this relative to the Sensex base. The value you get is the Sensex value!

The “third” step probably confused you. To understand it, you will need to understand “ratios and proportions” from 5th standard mathematics. Think of it this way:

Suppose, for a “free-float market cap” of Rs.100,000 Cr... the Sensex value is 4000…
Then, for a “free-float market cap” of Rs.150,000 Cr... the Sensex value will be..

So, the Sensex value will be 6000 if the “free-float market cap” comes to Rs.150,000 Cr!

Please Note: Every time one of the 30 companies has a “stock split” or a "bonus" etc. appropriate changes are made in the “market cap” calculations.

Now, there is only one question left to be answered, which 30 companies, why those 30 companies, why no other companies?

The 30 companies that make up the Sensex are selected and reviewed from time to time by an “index committee”. This “index committee” is made up of academicians, mutual fund managers, finance journalists, independent governing board members and other participants in the financial markets.

The main criteria for selecting the 30 stocks is :
Market capitalization: The company should have a market capitalization in the Top 100 market capitalization’s of the BSE. Also the market capitalization of each company should be more than 0.5% of the total market capitalization of the Index.

Trading frequency: The company to be included should have been traded on each and every trading day for the last one year. Exceptions can be made for extreme reasons like share suspension etc.

Number of trades: The scrip should be among the top 150 companies listed by average number of trades per day for the last one year.

Industry representation: The companies should be leaders in their industry group.

Listed history: The companies should have a listing history of at least one year on BSE.

Track record: In the opinion of the index committee, the company should have an acceptable track record.
Having understood all this, you now know how the Sensex is calculated.

Thursday, March 11, 2010

Walk-In on 13th March 2010

Walk-in on 13th March,2010 for Trainee - Software EngineerVyom Labs Pvt. Ltd


Conducting the preliminary tests & interviews on 13th March,2010, Saturday. Below find the schedule and venue.



Interview Date and Day: 13th March,2010, Saturday



Interview Time: 9.15 AM / 11.00 AM / 12:45 PM / 3.00 PM/4:30 PM



Contact Person: Sushmita Mahapatra



Venue : Vyom Labs Pvt Ltd.

173/4, Near Dutt Mandir

Aditi Samruddhi, 1st Floor,

Baner Road,

Baner - Pune



Note: Need to register yourself for a particular time slot mentioned above by sending confirmation to sushmita.mahapatra@vyomlabs.com or the registration will be considered as cancelled.

Job Description

Position: Trainee- Software Engineer


Education: Computer Science Graduates 0f 2008 or before, Passout or Last Year MCA, MCM, PGDIT, MBA IT/Systems, M.Sc (Comp Science), M.E/M.Tech (Comp Science)


Exp: Fresher

Skills Required

- Strong programming skills in Java / C

- Good aptitude skills

- Very good communication skills

- Willingness to relocate if required.



Job Profile:

The selected candidates will be working on BMC / CA / HP / IBM/ ITSM / BSM related technologies for software development, Implementation and Support.


Keywords: Java, C
Company Profile
Vyom Labs offers -ITSM services encompassing ITIL / ISO 20000 Consulting and BMC BSM. iWareLogic, a subsidiary of Vyom Labs is consulting firm and Oracle Partner services clients in Siebel, Oracle eBusiness Suite, Peoplesoft.

Vyom group of companies are:

Vyom Labs Pvt. Ltd.

Vyom Software Exports Pvt. Ltd.

iWare Logic Technologies Pvt. Ltd.

Contact Details
Company Name: Vyom Labs Pvt. Ltd
Website: http://www.vyomlabs.com
Executive Name: Sushmita Mahapatra
Address: Baner Road PUNE

Monday, March 8, 2010

Realty Developers and Budget

Realty developers not pleased at many Budget details

There are devils in the real estate sector. Though the Budget gave some hope to home buyers in the form of tax savings and less interest rate.

The Budget announced a maximum tax savings of Rs 20,000 for those earning an annual income up to Rs 5 lakh and up to Rs 50,000 for those earning up to Rs 8 lakh. This additional income is likely to find its way towards buying homes.

This Budget also extended the interest rate subvention on a housing loan up to Rs 10 lakh where the house price is up to Rs 20 lakh, announced in the earlier Budget, to March 31, 2011. But, many developers are unimpressed. “Overall, home sales may go up, but there is no incentive for developers to launch more affordable housing projects.

However, the hotel industry gave a thumbs-up to the finance minister’s move to give investment-linked deduction to new hotels in two-star or above categories.
It’s a good measure that will boost investment in the tourism sector, with high employment potential. Also, the fact that the benefit is made available to hotels across the board will boost investment in all categories.

Sunday, March 7, 2010

Hiring Trends in IT Organisation

Companies are hiring talent from competitive market.They plan to utilize the resources fully.

1: High Salary

Despite the fact that many employers are looking for ways to cut costs, they don't reduce the salaries as a way to do so. Employers plan to increase pay for existing employees and offering competitive price for talent.

2: Flexible work arrangements

Companies are catching on to the flexible work arrangements that allow employees more freedom in the office.

3: Recruitment tools

As employers slow down on hiring, recruitment budgets shrink as well. As a result, more employers are using the Internet as an employment medium. they will spend money on the various models: online recruitment sites; newspaper ; career fairs ; staffing firms and recruiters ; and social networking sites .

4: Retaining retirees

Employers are looking at ways to retain the seniors and experienced professionals;

5: Diversity recruitment

Hiring managers will also focus recruitment efforts on employing diverse workers. Employers plan to hire different geographic locations.

6: Freelance or contract hiring

To continue their cost-cutting efforts, employers are using freelance or contract workers to help support their businesses.

Thursday, March 4, 2010

QA Lead Interviews on 6th March - EMPTORIS

We are looking for QA Lead / Associate QA Lead for our Pune Location.

PFB Job Requirement for your reference.

6+ years experience in Software testing
Good understanding of software testing concepts
Good understanding of Web based applications architecture & testing
Should have experience in installing & deploying web based applications/data base servers and doing basic trouble shooting
Ability to write SQL queries
Good understanding of test planning / test strategy
Excellent written & verbal communication skills
Experience in handling small teams
Prior experience in test Automation/development preferred


Roles & responsibilities:


Should be able to guide the team members functionally & technically
Should understand the requirements fully and initiate discussions with concerned people to seek clarifications on unclear/unspecified requirements
Should do the impact analysis of the changed requirements
Should be doing test planning which includes tasks assigned to the team as well as independent testing assignments.
Defect management which includes logging, reviewing bugs & expediting the bug fixing
Should be able to setup & maintain the test environment which includes installing/configuring database/web server on windows/UNIX, installing & deploying the application and doing trouble shooting when required
Should be able to design / understand Test strategy and create test cases and test data accordingly
Maintaining and keeping up to date, all the testing related documents
Tracking the progress of self & team members (for the current project)
Should be able to identify and suggest areas for test automation



Kindly send updated resume with following details

Current CTC:

Expected CTC:

Notice Period:


Best Regards,

Shekhar Prasad
HR - Emptoris, Inc.

Pune IT Park | 34 Aundh Road | Bhau Patil Marg| Pune 411020 |
Office: +91 20 30239400 |
www.emptoris.com
 
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