Microsoft in talks to buy Yahoo search

Software major Microsoft is in discussions to buy the online search business of Yahoo for about $20 billion, media report says. A few months back, Yahoo had spurned a takeover bid from Microsoft worth more than $47 billion. "Software giant Microsoft is in talks to acquire Yahoo`s online search business for $20 billion(13 billion pounds). The proposal forms the centrepiece of a complex transaction that would see Microsoft support a new management team to take control of Yahoo. B...
Published about 30-11-2008 | Rated 0

Honchos urge HR to find new paradigms

Business leaders including, Mr S. Ramadorai of TCS, Mr A. Vellayan of Murugappa Group, and Mr Babu Lakshman of Rane Group commended the critical role played by Human Resources (HR) in enabling the growth of Indian industry. They also urged professionals in the discipline to look beyond the traditional boundaries of the function and evolve new strategies ahead of the changing times. The leaders were speaking at the 12th National Conference of the National HRD Network (NHRDN) held in Chennai...
Published about 30-11-2008 | Rated 0

Bank Of India To Outsource HR

Bank of India (BoI) has decided to outsource its human resource (HR) related requirements with a view to introduce sophisticated HR practices, processes and techniques in managing its workforce. The plan is to use technology in the areas of HR process management system in order to achieve higher operational efficiency, streamlined processed and work flow automation in HR functions. BoI’s board of directors has given an in-principle approval to the plan. A sub-committee has also been formed to ...
Published about 29-11-2008 | Rated +2

HRMS Finally Launched

The human resource management system (HRMS), which has been in the implementation phase since March 2005, received a major shot in the arm on Thursday. The centre for e-governance organized a one-day workshop to educate officials from various departments on how to use the system. It is being introduced throughout the state starting this week. HRMS will maintain the service records of government employees and also generate their payrolls. If the system is effectively utilized, government emplo...
Published about 29-11-2008 | Rated 0

HR, a key component of organisational set-up

Chennai, Nov. 28 HR is widely recognised as an important cog in the organisational wheel and it is involved in the strategic business planning process. This is one of the many findings of an ongoing survey being conducted by Ernst & Young and the National HRD Network, an association of professionals committed to promoting the HRD movement in the country. But despite awareness of its strategic importance, companies place only a limited focus on increasing the effectiveness of HR processes. ...
Published about 29-11-2008 | Rated 0

SMEs have limited access to capital, HR and technology

The global reces sion is affecting Indian industry as never before despite protestations to the contrary. Caught in the cross-fire is the Indian small-scale industry. Says Mr B.V. Rama Rao, president, The Federation of Andhra Pradesh Industries (FAPI), “In Andhra Pradesh, small and medium enterprises are becoming sick and they will end up being non-performing assets (NPAs) with banks. The industry is in a state of crisis,” said Mr A. Jayan, managing director, Narmada Engg. Co. Pvt. Ltd...
Published about 29-11-2008 | Rated 0

CII-XLRI initiative to assess, develop HR competencies

The Confederation of Indian Industry along with National HRD Network and XLRI Jamshedpur launched HRCompass, an initiative to assess and develop Human Resource (HR) competencies of HR professionals in India. At a press conference, the Chairman of National Committee (Skills, Human Resources & Industrial Relations) of CII and Managing Director of Saint Gobain India, Mr B. Santhanam, said the country is adding about three million new jobs every year in manufacturing and service sectors. This ...
Published about 28-11-2008 | Rated 0

Recruiters Top Interview Stories

Now, we’ve all heard the story about the candidate that missed their interview, or committed a faux pas asking about salary or vacation time right away. The classic interview horror stories include candidates who were forgotten about and left in waiting rooms for hours, candidates who fall asleep in interviews or falsify previous salary/employment information. But how many people can say they’ve been given an exam with no right answers? Or have been offered a rare sports car along with a job...
Published about 28-11-2008 | Rated 0

Venture Capital investments pour into India, China in Q3

The global economic downturn notwithstanding, venture capital investments have continued to flow into India and China , with both countries witnessing a significant surge in the third quarter this year. According to a study by research firm Venture Intelligence, venture capital investment in India grew 36 per cent at 290 million dollars for the third quarter ended September 30. Meanwhile in Mainland China , VC investments grew 22 per cent to 964 million dollars at the end of the third qua...
Published about 29-11-2008 | Rated 0

NIIT partners Adobe for offering multimedia course to schools

Learning and knowledge solution provider NIIT has partnered with Adobe to offer web and multimedia course to schools. "The curriculum is for students of Class 6 to 12, where they will be taught to use Adobe Creative Suite preparing them for careers in website designing, video editing and sound editing," NIIT President (School Learning Solutions) L Balasubramanium said in New Delhi . NIIT plans to launch the course in the top 50-100 schools in the first year, he added. Adobe`s Creativ...
Published about 29-11-2008 | Rated 0