What is Bench Time? “Bench time” refers to the time period when employees in a service or consulting business are not engaged on billable projects. The terminology is normally used in reference to the employees at outsourcing, consulting and IT services companies. During their bench time, the concerned employees – freshly trained talent, IT staff,…
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GeM signs MoU with Indian Bank and Canara Bank for payment related services
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•Government e-Marketplace (GeM) has signed MoU with Indian Bank and Canara Bank. The MoU will facilitate a cashless, paperless and transparent payment system on the portal and would create an efficient procurement system for government entities. Through this partnership, both banks will be able to offer an array of services including transfer of funds through…
Jindal Stainless Ltd Organises Program for Varanasi Jail Inmates that will boost Domestic Manufacturing Sector
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•In consonance with the Government’s rehabilitation program for prisoners, Varanasi Central Jail organised a stainless steel fabrication workshop for the jail inmates. The training program was facilitated by one of India’s largest stainless steel manufacturers, Jindal Stainless (Hisar) Limited (JSHL). Spread over a period of three months, the first phase of the workshop for 50…
Paytm launches PayPay, QR-based payment service in Japan.
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•Paytm, the Indian e-commerce payment system and digital wallet company based out on Noida announced on Monday that the firm has launched a QR based smartphone payment service in Japan called PayPay. Paytm has launched the service in collaboration with SoftBank Corp and Yahoo Japan Corporation. With the newly developed service, users can store money from…
Definition of work & some tips for campus hires and first timers on job.
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•Definition of Work Work is not just about “doing” some thing using your hand, head or pen paper or a computer. Waiting at the reception, waiting to meet your boss, waiting for a meeting, waiting whole day at a clients reception etc. All of this also classifies as work. Depending on your role , job,…
HCL Technologies BPO to hire 800 employees for Citibank process
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•It is reported that HCL Technologies BPO business has secured a key out sourcing contract from Citibank. The deal would lead to set up of a new processes for loans, financial products and customer support. The work on the project is scheduled to commence in August 2012, and the hiring for the same has already…
Vineet Nayar appointed JMD of HCL Tech for 5 years
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•HCL Technologies Ltd has appointed Mr. Vineet Nayar as the Joint Managing Director (JMD) of the India’s fourth largest locally-listed software exporter company, in a meeting of the Board of Directors of the Company held on May 14, 2012. However, it is subject to the approval of the Shareholders, HCLT informed The Bombay Stock Exchange…
HCL Infosystems Appoints Neeraj Jaitley as President of Enterprise Solutions
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•New Delhi, Delhi, India, Tuesday, May 08, 2012 : HCL Infosystems Ltd, India’s premier Hardware, Services and ICT System Integration Company today announced the appointment of Mr. Neeraj Jaitley as President of Enterprise Solutions for HCL Infosystems Ltd. He will be leading the company’s B2B businesses that cater to the needs of government and enterprise…
HCL Technologies Announces Appointment of Prithvi Shergill as the Global Head of HR
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•Noida, India, April 19th, 2012: HCL Technologies Ltd. today announced that Prithvi Shergill has joined the company as Corporate Vice President and Global HR Head. He will be based in Bangalore, India. "I am pleased to welcome Prithvi to lead our HR organization as we move to the next stage of the Employees First transformation…
Infosys–Leadership transition across Financial Services and Manufacturing
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•Infosys, a global leader in consulting and technology, today announced the following leadership changes: BG Srinivas, Global Head of Manufacturing & Engineering business will take over as the new leader of the company’s Financial Services & Insurance business. He has been Head of Europe since 2004, and in the past role BG has been…
Sudhir Rao would be joining Skoda Auto
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•Sudhir Rao would be joining Skoda Auto India Pvt Ltd as the managing director of the company effective from March 1 2012. Sudhir had earlier resigned form Renault India, where he was the Deputy MD. He has studied in India and US apart from which he has broad knowledge of the auto sector be it…