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Thursday, 12 September 2013

Muted growth and reduced funding impact biotech hiring




Muted growth and reduced funding impact biotech hiring
Description: Muted growth and reduced funding impact biotech hiring
Funding options for bio tech companies as well as research firms have reduced considerably in the first half of  2013. This according to industry observers has impacted hiring.
“The funding for Indian biotechnology and R & D firms has witnessed a drop by almost 50 per cent. This has lead to either merger of several ventures or even close downs,’’ observes an ABLE source. “This has in turn impacted hiring across several key segments.”
The problem is that the term biotech encompasses a whole spectrum of businesses which are quite different in nature and hence the effect on HR too has been different. While biotech manufacturing has remained stagnant, biotech services has reported some growth. The only exception to this norm is the Indian Agri-tech segment which continues to hire due to a strong presence of Indian firms in the exports market.
Thus the Biotech sector as an employer witnessed muted growth in the first half of 2013.  Industry observers also attribute other reasons for the current state of affairs.
“The muted growth in biotech is due to a variety of reasons including the presence of several regulatory bodies, resistance to genetically engineered crops, lack of innovation and last but not the least some fly by night operators,” observes Rahul Nene Partner, DEININGER Management Consultants Pvt. Ltd.. “All these factors have negatively impacted hiring. The segment has remained a fashionable thing to just talk about.”
The other key factor affecting the growth of the Indian biotech industry is skill availability. While the experienced mid-segment continues to be in demand fresher hiring still remains a big problem area.
“The industry needs freshers to take on basic ground level responsibilities. And it is here that they are faced with setbacks. Communication a key requirement is an issue with almost all new hires. Also there is a big wide gap between theoretical learning and practical application and there is no focus yet on this aspect amongst our colleges,’’ observes Nene. “Of course this does not apply to graduates from reputed institutes but then this form about 0.1 % of the entry level employees.”



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5 ways to deal with a negative co-worker





5 ways to deal with a negative co-worker
Description: 5 ways to deal with a negative co-worker
ET explores how an employee can deal with pessimistic colleagues.
A co-worker who constantly complains about his or her workplace, job or boss, could have a damaging impact on the work environment. Even the most employee-friendly companies could succumb to the pressure of employee negativity. While organisations can avoid such situations by providing the right atmosphere, professionals too should know how to not let negativity from co-workers affect their output.
1. Lend A Patient Ear
The daily grind can lead to a feeling of stagnancy, breeding negativity at work. “On such occasions, just listen to your colleague. The outburst does not require any assistance or advice but needs a patient audience,” says Ritu Mehrotra, VP global HR and talent management, Bristlecone. “Expressing bottled up negativity, sometimes leads to catharsis, and a download helps,” says Jyotsana Bhatnagar, associate professor, human resource management and chairperson (PGP-HRM) at Management Development Institute (MDI) Gurgaon.
2. Bring in Some Humour
Use humour as a tactic to distract the one complaining and create a positive, cheerful environment. “Laugh together and try to transform the negativity into positivity. Share jokes and cartoons, and some lighter moments,” says Bhatnagar. “Establish camaraderie, compassion and empathy in your relationship, so as to move the basic focus of the individual to positive lightness,” she adds.
3. Set an Example
Encourage a positive mindset. “If you can’t change the feelings of your co-worker towards his work or the boss or the work environment through your constant counselling, then your actions can come to your rescue,” says Mehrotra. Exhibit optimism through your actions at the workplace as this will help the negative co-worker bring in a change in his or her attitude, she adds.
4. Keep Safe Distance
If patient listening, counselling or compassion does not help, avoid the negative co-worker as much as possible. “Do not get over sympathetic, as it will only foster negative behaviour. Try to show them a brighter prospect,” says Mehrotra. “Avoid spending too much time with negative people as it tends to impact your outlook in the long run. Negativity is a choice not a mandate,” she adds. 
5. Communicate More Often
Negativity at work spreads quickly and affects corporations significantly. In case of extreme situations do not hesitate to reach out to the authorities and bring their attention to the issue. “The factors bothering the professional at workplace can always be addressed and effective measures can be taken to resolve problems,” says Mehrotra.



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‘Niche expertise and closed networks keep everybody else out in Pharma’

Although the Indian Pharma industry has not been affected by the global economic situation, several sub-sectors within this industry are faced with some tough times leading to interesting trends. Kanchana Dwarakanath of TimesJobs.com in conversation with Rahul Nene, Partner, DEININGER Management Consultants Pvt. Ltd
What is the current HR scenario in the Pharma segment?
The Pharma segment has been by and large protected from the global economic scenario. Maintenance based by way of natural attrition still continues in this segment.  Healthy growth by top ten pharma firms (their market capitalization increased year on year) indicates robust business needs, translating to stronger human capital needs.
The world’s top generic firms continue to consolidate by way of adding capacity in India. With these factors growth in jobs is expected across functions with sales being the leader at manager and entry level hiring.
- See more at: http://content.timesjobs.com/interview-of-the-day-niche-expertise-and-closed-networks-keep-everybody-else-out-in-pharma/?fromsite=toi&utm_source=toi&utm_medium=referral&utm_campaign=toi-tj-whitelabel#sthash.g0TR2JDc.dpuf


‘Niche expertise and closed networks keep everybody else out in Pharma’
Description: Interview of the Day: ‘Niche expertise and closed networks keep everybody else out in Pharma’
Although the Indian Pharma industry has not been affected by the global economic situation, several sub-sectors within this industry are faced with some tough times leading to interesting trends. Rahul Nene, Partner, DEININGER Management Consultants Pvt. Ltd
What is the current HR scenario in the Pharma segment?
The Pharma segment has been by and large protected from the global economic scenario. Maintenance based by way of natural attrition still continues in this segment.  Healthy growth by top ten pharma firms (their market capitalization increased year on year) indicates robust business needs, translating to stronger human capital needs.
The world’s top generic firms continue to consolidate by way of adding capacity in India. With these factors growth in jobs is expected across functions with sales being the leader at manager and entry level hiring.
However one sector which I believe has been impacted negatively is the hospital and healthcare segment primarily due to financial issues faced by them. The global economic gloom and doom has arrived at their footstep and the sudden mushrooming of medical tourism as a concept has led to supply exceeding demand, especially with respect to luxury hospitals. Hence hiring has been put off by several players, and workload for the existing employees has almost doubled.
Clinical research remains in a muddle due to the regulatory issue,and growth here seems to remain negative.
How has the global economic scenario affected these segments in the last six months?
Pharmaceutical sector remains insulated to short term economic indicators. However, funding options for research firms and R & D centers have reduced considerably leading to either merger of such ventures or even close downs.  This has had an impact on the HR scene, resulting in job loss or working on a single aspect of the project on a much smaller budget, which is a tough thing to do as expected short-time delivery/result projects tend to get priority.
What are the challenges faced at different levels of recruitment?
Overall hiring has been broadly impacted, although not to the extent that other industries have been facing. At different levels:
Fresher hiring is healthy although there is a big wide gap between theoretical learning and practical application.  In fact,I would say there is no focus yet on knowledge and understanding of concepts. Of course all of these do not apply at all to graduates from reputed institutes, but the problem is these form only about 0.1 % of the entry level employees.
The Mid segment continues to have demand. Compensation however is decide based on hands on experience than simply on the years of experience. The trend we have noticed is several moves have been circular with people coming back to their one time employees for jobs.
The effect on the C-level is by and large much less as compared to other industry sectors primarily because this industry segment is intrinsically conservative and niche.
The pharma segment has its own model of hiring. Has there been any impact of the tight market situation on it?
There are some key features of this industry that are impacting hiring. Although more so today. Top level connect with employees is much higher in this segment which sometimes acts as a deterrent for non-tech employees from entering this segment.
Also,firms in this sector have increased multiple-level engagements within as well with each other. Coupled with this factor is the fact that niche sectoral expertise keeps everybody else out.  Thus often even though there is a dire requirement for non-research/tech skill, the chances of these companies obtaining the best are rare
What is the current HR scenario in the Pharma segment?
The Pharma segment has been by and large protected from the global economic scenario. Maintenance based by way of natural attrition still continues in this segment.  Healthy growth by top ten pharma firms (their market capitalization increased year on year) indicates robust business needs, translating to stronger human capital needs.
The world’s top generic firms continue to consolidate by way of adding capacity in India. With these factors growth in jobs is expected across functions with sales being the leader at manager and entry level hiring.
However one sector which I believe has been impacted negatively is the hospital and healthcare segment primarily due to financial issues faced by them. The global economic gloom and doom has arrived at their footstep and the sudden mushrooming of medical tourism as a concept has led to supply exceeding demand, especially with respect to luxury hospitals. Hence hiring has been put off by several players, and workload for the existing employees has almost doubled.
Clinical research remains in a muddle due to the regulatory issue,and growth here seems to remain negative.
- See more at: http://content.timesjobs.com/interview-of-the-day-niche-expertise-and-closed-networks-keep-everybody-else-out-in-pharma/?fromsite=toi&utm_source=toi&utm_medium=referral&utm_campaign=toi-tj-whitelabel#sthash.g0TR2JDc.dpuf

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20 foods for healthy hair and scalp


20 foods for healthy hair and scalp



20 foods for healthy hair and scalp
20 best foods for healthy hair and scalp

Just as food filled with loads of oil and calories can cause acne flares and jeopardise your waistline, unhealthy food can also cause damage to your healthy hair and scalp.

Every individual craves for healthy and better looking hair, luscious locks, that won't diminish with age. Hence, be careful of what you eat, as the nutrients you consume are essential to fortify follicles, each strand of your hair and your scalp. Today, Priya Kathpal - Nutritionist, shares a list of super foods, to bring in bounce and luster back to your hair. If you want to get rid of dull, dry, or greasy hair, then pile up your plate with these foods and see the difference. Presenting 20 best foods for healthy hair and scalp.

Healthy hair food # 1: Salmon

The key ingredients for a healthy hair and scalp are protein and vitamin D. Salmon is a great source of protein, vitamin D and omega-3 fatty acids. This omega-3 fatty acid is very much essential to keep your scalp and hair shaft very well hydrated. As healthy hair starts with a healthy scalp, get in more omega-3 fatty acids in your diet.

Healthy hair food # 2: Beef

Dr. Sandeep Suttar - Hair Restoration and Skin Rejuvenation surgeon at HairRevive, Mumbai, says: "If you don't have cholesterol problems, then you must consume this meat at least twice a day. This food has all the possible nutrients that your hair needs for its up keep. The presence of protein, vitamin B, iron, zinc and other vital minerals will help to maintain the health of your scalp and hair." Lastly, Dr. Sandeep says, "Though it is rich in nutrients, the consumption of beef should be minimum to avoid other health problems."

Healthy hair food # 3: Prunes

Including prunes in your diet can help to improve your hair texture as well as proper bowl movements. As it is rich in iron, it helps prevent hair loss, dull hair, thin hair, and discoloration of your hair.

Healthy hair food # 4: Green tea

The presence of polyphenols helps in keeping your scalp healthy. If your scalp is healthy, then the overall health of your hair improves, as it helps to keep your hair shiny and dandruff free. Dr. Sandeep shares a quick fix to treat your dandruff problem with this miraculous tea. Washing your hair with green tea or applying it on your scalp will help to kill your dandruff worries.

Healthy hair food# 5: Carrots

Carrots not only help to sharpen your vision but also to maintain the health of your hair due to the presence of vitamin A. Existence of vitamin A helps in formation of sebum oil in the scalp - says Dr. Sandeep. Sebum is a very important element which helps to keep the scalp and hair very well moisturized. A moisturized scalp means healthy hair.

Healthy hair food # 6: Eggs

Eggs are rich in biotin and vitamin B. These two nutrients are very important for the health and maintenance of your hair. Biotin is a star element, which helps to keep your hair shiny and lustrous. Biotin is also present in many shampoos and conditioners and is one of the important elements needed for hair health.

Healthy hair food # 7: Dark green leafy vegetables

Include lots of dark green leafy vegetables like spinach, broccoli and lettuces in your diet. All these dark green leafy vegetables are an excellent source of vitamin A and Vitamin C. Both these vitamins help in the formation of sebum, which is a natural hair conditioner and hence moisturizes your skin and scalp.

Healthy hair food # 8: Brown rice

Brown rice has some protein, vitamins and fiber. Besides giving you healthy hair and scalp, it also keeps you from over eating as it keeps you full for a longer time. Hence, switch to brown rice now to maintain your hair as well as your body.

Healthy hair food # 9: Oysters

Hair loss or dandruff is due to low level of hormone androgen production. Include oysters in your diet as they are rich in zinc, which further helps in the production of androgen and hence fights against hair fall and dandruff. Besides, it also helps your locks retain shine and health.

Healthy hair food # 10: Walnuts

Walnuts are one of the best nuts for your hair nourishment and maintenance. As they are rich in omega-3 fatty acids, biotin, vitamin E and copper they protect your hair against damage from the sun by being a shield when you venture out; they also prevent hair loss and help keep your hair lustrous and rich in color.

Healthy hair food# 11: Cottage cheese

Besides it being low-fat, cottage cheese is also rich in calcium and protein. Include this healthy cheese for breakfast if your goal is to get rid of dull hair and shed some extra kilos at the same time.

Healthy hair food # 12: Green peas

Green peas are a well balanced food available for healthy hair. They are loaded with all types of minerals and vitamins like zinc, iron and vitamin B, which help in maintaining the health of your hair and scalp.

Healthy hair food # 12: Green peas

Green peas are a well balanced food available for healthy hair. They are loaded with all types of minerals and vitamins like zinc, iron and vitamin B, which help in maintaining the health of your hair and scalp.

Healthy hair food# 13: Lentils

"If you really want healthy hair and scalp, then include lentils in your diet at least 3-4 times a week," says Priya. Lentils are rich in folic acid. Presence of folic acid helps in providing the requisite amount of oxygen to your scalp and skin, which further promotes hair growth and cell renewal.

Healthy hair food # 14: Bell peppers

Include all colors of bell peppers in your diet as they are a great source of vitamin C. Vitamin C guarantees efficient transition of oxygen to hair follicles. Besides, it also helps in the formation of collagen and promotes hair growth and prevents hair breakage.

Healthy hair food # 15: Whole grains

Whole grains are rich in nutrients and fibers. This promotes hair growth and makes it a super food for healthy hair. Besides, it also aids good digestion and prevents ailments like diabetes, obesity and constipation.

Healthy hair food # 16: Sweet potatoes

Sweet potatoes are loaded with beta-carotene, which when consumed gets converted to vitamin A. Vitamin A prevents dull scalp and hair and promotes growth and proper circulation of oxygen to the hair follicle.

Healthy hair food # 17: Blueberries

This super fruit is loaded with vitamin C, which helps in oxygen circulation to the scalp and hair follicles, and prevents hair breakage.

Healthy hair food # 18: Bacon

Though it is an enemy if you want to kick some calories, but if you want healthy hair then you should consume not more than 4 ounces - says Priya. It is loaded with all healthy hair promoting nutrients like vitamin B, zinc and protein.

Healthy hair food # 19: Shrimps

Shrimps are not only delicious but also a great doctor for your dull hair and scalp. Shrimps are loaded with vitamin B12, iron and zinc, all of which prevent hair loss and promote growth and maintenance.

Healthy hair food # 20: Pumpkin seeds

Pumpkin seeds are a perfect hair rejuvenating snack. They're good for overall health, as they are loaded with protein, omega-6 fatty acids, zinc and iron.



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Why Apple fans may be missing Steve Jobs


Why Apple fans may be missing Steve Jobs



Why Apple fans may be missing Steve Jobs
Tim Cook, CEO of Apple, speaks on stage during the introduction of the new iPhone 5S in Cupertino, California.

I will be very happy if, by the end of it all, Tim Cook does not have blood on his hands. But, by the looks of it, Apple CEO may be assiduously murdering the legacy of legendary Steve Jobs.

Can someone like Cook spoil the broth that he himself helped cook so successfully for so many years? But then knowing Jobs, we also know how most decision-making happened at Apple while he was at the helm.

Agreed that Cook may not have been party to the spirit of innovation that Jobs so proudly touted, along with some aura and theatrics to mesmerise us during Apple's annual launch events, but the latest iPhone launch left me disenchanted.

Agreed that Cook is not at all a man incapable of filling in the big shoes as proven so far by a number of things: the product line-up (until Tuesday), Apple holding its stock price, cult following for its products, its market share and profits despite thinner margins, but can he continue the iPhone party sans the design edge so intrinsic to Apple.

More so, he was hand-picked by the God at Apple who could not go wrong in his decisions. Or could he?

To be fair, even a visionary like him did go wrong in reading a few things. He felt there was no market for smartphones bigger than 3.5 inch or tablets smaller than 9.7 inch! Runaway success of phablets around 6 inch size perhaps prompted Apple to launch 7.9 inch iPad Mini last year while it marginally increased the screen size of iPhone 5 to 4 inch.

Despite criticism and murmurs that Apple was not doing anything 'revolutionary' anymore -- in the post Jobs era -- people lapped up a thinner, lighter, glitzier iPhone 5 that sold like hot cakes, keeping its shareholders content despite initial nervousness.

It was expected that some day Apple will eventually break away from Jobs' legacy; and perhaps the onslaught of Google Android and Microsoft Windows Mobile phones will make winds of change blow faster at Apple than expected.

Yet, Apple still does one launch a year of its flagship product (although it turned the iteration clock faster on iPads last year). Like all Apple events, the Apple aficionados (me included) look forward to that ONE iPhone event anxiously and expect some gush-inspiring surprises among the announcements.

However, it is not the lack of this that I seek to blame on Cook though two or three launches won't hurt. After all, not all smartphone buyers find that one-year wait worth it and one size does not fit all.

Now, I do not expect a cult company to pander to market histrionics and hype by launching a dozen similar looking phones at every one thousand rupee price point so as to lure and capture every single buyer on earth. No, that doesn't work even for the 'cheaper' Korean rivals.

But if Apple has to continue being the icon it has been revered as all these years, it also has to be ready to thrive in a multi-polar world of mobile devices with Google Android as well as Microsoft Nokia, besides the Korean army and Taiwanese and Chinese mercenaries! And the least it could do was play the 'cheaper' game in a half-hearted manner!

Many will balk and say use of polycarbonate does not make a phone cheap. Ask now-sold Nokia and the Korean 're-inventor'. They have met with reasonable success using the same 'cheap' plastic, saving themselves better margins than with glass and aluminium shell! But whoever told Cook that he could not have cranked up the specs than serve old wine in a new bottle?

Now consider this: iPhone 5C, or the cheaper iPhone, as it has been dubbed, is targeted largely at emerging markets (though I reckon it will do well in many other markets) by offering several people a more affordable iPhone ownership option.

Yet, with the basic unlocked model being priced at $549, it is anything but affordable, at least in emerging markets like India or China. It remains in the premium smartphones category.

In a burgeoning but price-sensitive market like India, it will amount to merely getting a plastic-cased, unlocked iPhone 5 for nearly Rs 35-37,000 (more in case Raghuram Rajan effect on Indian Rupee wears off sooner than Apple decides to launch new iPhones here).

This price bracket is still largely restricted for top-end models. Even the Korean company's KitKat supportive 4th generation model (launched later than iPhone 5) comes under that price (under cashback offer).

So it does not help that iPhone 5C has a year-old specs! Either specs ought to have been bettered, or price cut further by $100-150, particularly given the formidable Android and Nokia Lumia buildup in the months to come for less than Rs 35,000. Else, instead of launching a plastic version, Apple could have simply reduced the pricing of iPhone 5 and continued with its more beautiful casing.

It does matter a lot to any CEO if he can cut the input costs while keeping the selling price around same levels. In that context, Apple will save on its hardware manufacturing costs, but it runs the risk of causing the brand to suffer an image loss.

A number of users - even some like me who swear by Apple's products -- do feel Apple has been snobbish about certain things. Like launching only one iteration a year, like bringing iPhone late to emerging markets, like its reluctance to go colourful (now addressed), like never getting off its premium positioning pedestal, like taking India non-seriously! In that context, it would not have hurt Apple to launch a genuinely affordable iPhone 5C variant, one with slightly lesser frills!

A number of Apple fan boys will want to slit my throat for saying what they may deem as sacrilegious, but much as I admire Apple for its attention to detail, innovative zest and amazing build quality wedded to ease of use in all its products, I do not allow myself to be blinded by its faux sense of ultra marketing hype. It is not missed on me after Tuesday's launch event that the Steve Jobs era may well nigh be over at Apple.

For all we know, both iPhone 5C and 5S will still turn out to be amazing hot sellers, filling Apple's coffers further, but here seems a company that is increasingly looking more and more vulnerable, rather than a strong citadel of innovation!

It cannot be lost on anyone the competition is nibbling at Apple's feet, to put it mildly. Given that, what has been dished out in form of iPhone 5S after a year's wait too is less than encouraging, and definitely misses the chutzpah. Already, despite being the best phone to me, iPhone 5 (and now 5C and 5S) seems to suffer from the lack of a slightly bigger and wider form factor.

And there is no reason why Apple should not have seriously considered a 5.5 or 6-inch phablet for better viewing, book-reading and browsing experience! And no, I am also not advocating an iPhone at every $100 or Rs 6,500 bracket, although it may be a mouth-watering prospect for some.

Brands come and brands go. Companies that turn intransigent and refuse to keep their ear to the ground start over-estimating their brand potential and gradually start bleeding themselves to death. We have seen the downfall of once-mighty Microsoft, Motorola, Nokia, Palm and BlackBerry.

Mobility tech and automobiles remain among the most merciless business spheres given the stiff competition and obsolescence rates. A company's perception among its target audience amidst the interplay of rival offerings and its own ability to ride the wave of innovation matters more than ever. A few successive slip-ups can cause you to start bleeding.

One more thing. Dear Tim, "Your time is limited... don't waste it living someone else's life." Bring it on, man!

Jobs is dead, but his spirit of cutting-edge innovation shall not be killed. We love Apple way too much to see its downfall for neglecting what has always been the cornerstone at 1, Infinite Loop, Cupertino: Innovation. It is time you put your success stamp where it matters. Jobs may have died, don't let Apple die.



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Ultratech buys Jaypee Cement unit


Ultratech buys Jaypee Cement unit


 
 
 
 
 
MUMBAI: Aditya Birla Group flagship company Ultratech Cement on Wednesday announced acquisition of Jaypee Group's Gujarat cement unit for an enterprise value of Rs 3,800 crore.

"We will infuse equity to the tune of Rs 150 crore and Jaypee Cement (JCCL) debts of Rs 3,650 crore will be transferred to the books of Ultratech. With this acquisition, our cement capacity increases to 59 mtpa and with projects underway, it will stand raised to 70 mtpa by 2015. The transaction will be accretive in the next three years," Aditya Birla Group chairman Kumar Mangalam Birla said on Wednesday while announcing the deal. "Ultratech will save Rs 350 crore by way tax benefits and other synergies," Birla said.

The sale will help Jaiprakash Associates reduce its debt by 15%, chairman Manoj Gaur said in New Delhi on Wednesday. JCCL is a wholly owned subsidiary of Jaiprakash Associates.


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