1 "TAKE NO AS A QUESTION "

Monday 30 December 2013

2014 May Be The Sunshine Year For Young Professionals


2014 May Be The Sunshine Year For Young Professionals
2014 May Be The Sunshine Year For Young Professionals
Professionals with a technical degree and a working experience of a few years are expected to be on high demand going forward.
If you are an engineering professional working for a small salary for the past four years, there is great news for you. According to several HR professionals, a candidate with a technical degree and a working experience of a few years will be in high demand in 2014. 
With steady increase in business and the need to move up the value chain in the services as well as products business sectors, the requirement of professionals with technical knowledge and team management experience is expected to grow.  This trend is expected to spur the recruitment of the young experienced professional. 
“The impact of slowdown and a gloomy business scenario have had its impact on managerial talent and extremely strong organisations have resorted to layoffs, extended block closures and leave without pay in 2013. The services sector, in comparison, has done very well, with many success stories of PE funding,’’ says Rahul Nene, partner, DEININGER Management Consultants Pvt. Ltd. “Thus organisations which have followed prudent norms of governance and kept costs on a tight leash,  are the ones that emerged stronger than before, and this holds true for employees as well.” 
This trend is expected to spur hiring of personnel with hands-on experience on working in a tight market; someone who understands the necessity of being a team player and ready to come for less than what the more experienced officials would expect. 
“The global IT scenario has changed. The way the world does business today is markedly different from how it used to be five years back. The employee with a few years of experience is being forced to multitask, and produce results within a shorter timeframe, on a smaller budget. Also, his salary expectations are much less than someone with 10 years of experience. All these factors make young professionals a lucrative option to prospective employers,’’ says Hema. S of Apollo Health Street. 
“These young professionals not only have the required hands-on experience of the workings, but because of the work scenario, have been able to build necessary skills to deliver more than the required job responsibilities. This makes them ideal for jobs like the engineering manager or product marketing manager,” says Nene. 
Personnel with skills such as attention to details, an eye for quality, the ability to grasp and translate technical capabilities into benefits, along with a technical degree are what employers would be looking to recruit, going forward says Hema. 

Careers expected to be much in demand include engineering managers, product managers (marketing and technical development), IT Manager and solution development professionals.


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8.5 Lakh New Jobs Expected In 2014

8.5 Lakh New Jobs Expected In 2014: Report
8.5 Lakh New Jobs Expected In 2014: Report
Job seekers can look forward to a prosperous new year as more than 8.5 lakh new jobs are expected across various sectors, including FMCG and healthcare, says a survey.
Coming against the backdrop of uncertain economic conditions, the projected number of new jobs in 2014 is higher than the estimated 7.9 lakh employment opportunities created this year, according to the survey by recruitment platform MyHiringClub.com.
The findings are based on a study conducted among more than 5,600 firms across 12 industry sectors.
All the opportunities have been projected in for the organised sector, it added.
Besides FMCG, more jobs are expected in healthcare, IT, retail and hospitality sectors.
“Last calendar year was not good either for job seekers or for employers due to uncertain and fluctuated economical and political conditions. 2014 is coming with positive vibes for job-seekers and expected to create 8.5 lakh new jobs in different sectors,” MyHiringClub.com CEO Rajesh Kumar said.
“Finding employees who have employability or job readiness skills that help fit into and remain in the work environment is a real problem and threatening to growth. These issues need to be addressed on priority,” he added.
MyHiringClub.com’s survey showed that FMCG would lead the chart and is expected to generate 1.5 lakh new jobs, followed by healthcare (1.33 lakh), IT and ITeS (1.21 lakh), retail (86,700) and hospitality (83,400).
Banking and financial services (61,400), manufacturing and engineering (51,500), education, training and consultancy (42,900), media and entertainment (42,800) and real estate (38,700) are also expected to create job opportunities.
Another HR expert Prachi Kumari, Director at Sat-n-Merc Manpower Consultant said: “Recruitment activity in 2013 went slow beyond our expectation across every levels, majorly recruitments were done only to replace major gaps.

“Coming year 2014 seems very promising. To increase their revenue, companies need to feel the long time vacant positions and also they have to create more jobs as compared to 2013. Overall, it seems the worst condition is over for the job market and we are entering in a zone of another two years of positive growth if not more,” she added.



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“Demand For Taxation Professionals And Financial Controllers Will Increase In 2014”


Interview Of The Day: “Demand For Taxation Professionals And Financial Controllers Will Increase In 2014”
Interview Of The Day: “Demand For Taxation Professionals And Financial Controllers Will Increase In 2014”
Nicolas Dumoulin, regional director, Michael Page India, shares the job outlook for the Finance discipline.

How is the Indian recruitment market for the Finance discipline? 
The Indian recruitment market is a challenging yet highly promising environment. The Finance jobseeker market is fairly active and many jobseekers are always exploring opportunities, however they can be somewhat indecisive and often require coaching during transitions. On the client side, the market is saturated with low fees and volume-focused competitors that have reduced client trust in consulting companies because of poor quality, especially at the mid level. During the year, we have seen that clients have been hesitant in closing positions because of the uncertainty in the market and have also been highly focused on the cost of recruiting. This has resulted in a lot of positions taking longer to be filled. The positions that were in high demand during 2013 are in the area of tax and internal audit. 
How was the recruitment market activity for the Finance discipline throughout 2013? 
Recruitment market activity within Finance has fluctuated during the year. We saw a slowdown in recruitment from August to September 2013, mostly due to the fact that companies were reviewing their budget/headcount for 2014 and postponed all non-critical recruitment. Nevertheless, the Michael Page Finance team has seen an increase in the number of mandates outsourced mainly because of new client development by our teams in Mumbai and Delhi. 
What are the expectations for recruitment market activity in India for the Finance discipline in 2014 – the key themes or trends that are emerging? 
We expect 2014 to be the next step in the growth of Michael Page Finance. With the world economy growing again, we expect more and more international players coming into the market and looking for a reliable partner to work with for their recruitment needs. We expect that we will be leveraging our growth on our current international client base. In addition, we also see an increase in demand for a more specialised approach of recruitment based on financial profiles, due to the growing complexity of the finance function at the middle and senior level. With 20 specialised consultants in our finance team, we are in a very strong position to benefit from this market trend. 
Hot jobs in Finance in 2014:
For 2014, we will see an increase in the demand for professionals who are specialists in the field of taxation, as the focus of the government to increase tax income will force companies to have stronger tax department relationships in place. In addition, we foresee a growing demand for financial controllers, because market sentiment has improved for foreign companies entering and up scaling their business in India. The main drivers for this are the recovering developed economies. 
Best locations to work in Finance: 

Best locations to work are Delhi NCR, Gurgaon and Bangalore. Reason being that most head offices of multi-nationals, sizeable Indian companies and shared services are based out of them. In addition, Pune is coming up as a challenger. 


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20 health benefits of honey


20 health benefits of honey


20 health benefits of honey
20 health benefits of honey (Thinkstock photos/Getty Images)

Enriched with therapeutic properties and natural goodness, honey has been used in skincare and overall well-being since the beginning of time. Dr Balukolar, M.D (Ay), R & D, The Himalaya Drug Company lists out the 20 health benefits of this miracle food.


1. Honey is rich in humectant compounds. This helps retain the moisture content in skin and restore its elasticity, making skin supple.

2. It helps remove dead skin cells and prevent the appearance of wrinkles.

3. The antibacterial and antimicrobial property of honey helps prevent the growth of certain bacteria and so it is used to treat wounds, cuts, burns and abrasions.

4. Honey helps clean wounds, reduces odour and pus, lessens pain and promotes speedy healing. 

5. Honey is used to treat damaged skin and regenerate new skin cells. It also effectively cures eczema, dermatitis and other skin disorders.

6. Owing to the potent anti-fungal properties in honey, it can help cureinfections like athlete's foot and jock itch. 

7. Honey is loaded with natural antioxidants, which help protect the skin from ultraviolet damage. 

8. Over exposure to the sun causes skin damage and premature aging. Honey can also be used as a sunscreen to protect the skin from the sun.

9. Honey deeply penetrates the skin's top layer, unclogs pores and sloughs off impurities. Thus, it helps fight infections and curb acne problems. 

10. Honey is a good skin moisturiser and effectively tones and firms up the skin. 

11. The application of honey on chapped and wrinkled lips will make them wonderfully smoother and softer.

12. Honey is composed of sugars like glucose and fructose and minerals like magnesium, potassium, calcium, sodium chlorine, sulphur, iron and phosphate. 

13. Honey contains vitamins B1, B2, C, B6, B5 and B3, all of which vary according to the qualities of the nectar and pollen. Copper, iodine, and zinc also exist in honey in small quantities.

14. Carbohydrates in the form of glucose and fructose supply the body with energy, which can boost endurance and reduce muscle fatigue.
15. Honey helps relieve morning sickness.

16. Regular consumption of honey will increase calcium absorption and haemoglobin count helping to fight anaemia.

17. Honey also helps lower total cholesterol while increasing HDL (good) cholesterol.

18. It can also be used to treat respiratory tract infections owing to its expectorant, soothing and demulcent properties.

19. As honey helps modulate the immune system, it prevents the recurrence of infections.

20. Honey plays a pivotal role in managing obesity. It helps accelerate metabolism, which in turn helps the body burn more fat.
 


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Government requests to take down 36 'fake' accounts


Government requests to take down 36 'fake' accounts


Government requests to take down 36 'fake' accounts
Social networking websites describe "fake" accounts as impostor accounts, where someone is pretends to be another person.

NEW DELHI: The government has requested 36 "fake accounts" to be taken down on varioussocial networking websites in 2013 (till Nov). This was revealed in an answer by Milind Deora, union minister of state for communications and information technology, in reply to an unstarred question by P L Punia in the Lok Sabha earlier this month.

Social networking websites describe "fake" accounts as impostor accounts, where someone is pretends to be another person. When contacted, Dr Gulshan Rai, director general, Indian Computer Emergency Response Team (CERT-In), declined to give details of these accounts citing "privacy issues", and even the IT Rules under the IT Act, which apply to intermediaries. Punia's question regarding the same asked "whether there are large number of fake accounts on various social networking sites which are being used for fraud/crime."

In his reply Deora said, "A total no. of 3, 45, 37 and 36 cases of fake accounts/profiles on various social networking websites were reported to Indian Computer Emergency Response Team (CERT-In) in the year 2010, 2011, 2012 and 2013 (till November) by various law enforcement agencies. CERT-In further contacted these social networking websites for disabling of fake accounts and for getting user details of these fake accounts/profiles. In most of the cases, such fake accounts were successfully disabled in association with social networking sites having offices in India."

The compliance over such requests has gone up over the years, according to CERT-In. According to Dr Rai, while the compliance for these requests stood at 76% in 2013, it was 58% in 2012, 45% in 2011 and just 33% in 2010.

Though the question or the answer that followed did not specify what the government believed qualifies as a "fake" account, parody accounts are known to have been blocked in the past. However the minister said that was not what they were after. "I don't think anyone goes after parody accounts," he told TOI.

"No government has a mechanism to regulate fake accounts. If there are fake accounts in your name, (social networks) are obligated to take them down," Deora told TOI over phone. As for the nature of these "fake" accounts, Dr Rai says that the CERT-In has no vetting mechanism. "We only forward the requests we receive and cannot vet them. As per the IT Act and CERT-In rules, I cannot divulge details of these 36 accounts. That would raise privacy issues," said Rai.

Earlier this month, a fake Twitter account of President Pranab Mukherjee -- @POIndia - created a stir. It disappeared within a few hours. Pankaj Pachauri, a spokesman for the prime minister's office, tweeted a clarification: "@POIndia is not a genuine account. @TwitterIndia has been advised to take action." In late 2012, the government had earned flak for blocking six parody accounts of the Prime Minister on Twitter.

The recent transparency reports from Facebook, Twitter and Google show user information requests running into thousands. One request can cover more than one user. In the period of January to June 2013, Facebook received 3,245 user information requests from the Indian government. They produced data in 50% of the cases. For Google, the same number for the same six-month period stood at 2,691. Twitter lists the number of user information requests from India in January to June 2013 at "less than ten", and three cases where tweets were withheld
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Why more teens are quitting Facebook


Why more teens are quitting Facebook


Why more teens are quitting Facebook
Teenagers are turning their back on Facebook ‘in their droves’ and switching to simpler social networks and messaging apps, new research has found.

Teenagers are turning their back on Facebook 'in their droves' and switching to simpler social networks and messaging apps, new research has found. Not only are 16-18 year olds moving on to rivals such as SnapchatWhatsapp and evenTwitter, teens are embarrassed to be so much as associated with Facebook, as their parents adopt the network, researchers said.

"Where once parents worried about their children joining Facebook, the children now say it is their family that insists they stay there to post about their lives," said Daniel Miller, a professor of Anthropology at University College London, who works on the Global Social Media Impact Study.

"Parents have worked out how to use the site and see it as a way for the family to remain connected. In response, the young are moving on tocooler things," he said. "What we've learned from working with 16-18 year olds in the UK is that Facebook is not just on the slide, it is basically dead and buried," he added. Miller, writing on academic news website the Conversation, added that the research found that "slick isn't always best" as even the teenagers that took part in the study admitted that Facebook is technically better than its rivals.

"It is more integrated, better for photo albums, organizing parties and more effective for observing people's relationships," he said, yet other factors are much more important to teens —namely the fact they are likely to get a friend request from their mum on Facebook. "You just can't be young and free if you know your parents can access your every indiscretion," he said.

"It is nothing new that young people care about style and status in relation to their peers, and Facebook is simply not cool anymore." Instead, rather than using the network to communicate with each other, teens use Facebook as a link to older family and older siblings who have gone to university
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Apple cuts CEO Tim Cook's performance bonus

Apple cuts CEO Tim Cook's performance bonus


Apple cuts CEO Tim Cook's performance bonus
Tim Cook lost part of his performance-based stock award during a year in which intense competition and margin pressure hurt its stock.

SAN FRANCISCO: Apple CEO Tim Cook earned roughly the same in 2013 as in 2012, but lost part of his performance-based stock award during a year in which intense competition and margin pressure bludgeoned the iPhone maker's stock.

Cook took home $4.25 million, including a base salary of $1.4 million and a performance bonus of $2.8 million, roughly on par with 2012, the company said in a preliminary proxy statement on Friday. 

But he gave up about 7,100 shares tied to an annual performance-dependent award, based on shareholder returns from August 24 of 2012 to August 25, 2013. Apple's stock lost a quarter of its value over that one-year period. 

The company also advised shareholders to vote down a resolution by activist investor Carl Icahn, who proposed the iPhone maker buy back $50 billion worth of shares in fiscal 2014. It was the first time the company had publicly voiced its response to Icahn's demands. 

Apple argued on Friday it has already returned $43 billion in dividends and share repurchases over the first six months of its roughly $100 billion capital return programme. 

The "dynamic competitive landscape and the company's rapid pace of innovation require unprecedented investment, flexibility and access to resources," Apple said in advising shareholders to reject Icahn's proposal. 

Known for decades of strong-arm tactics, including proxy fights, Icahn has repeatedly made it clear that his proposal is not a sign that he stands against Apple's management. The billionaire has discussed the issue with Cook in past months, arguing via tweets that a buyback of as much as $150 billion is within the company's means and would prop up its stock. 

Strain
Since taking over from the late Steve Jobs, Cook has steered Apple in a more investor-friendly direction, including the establishment of one of the industry's biggest capital return programs. 

Apple's board in 2012 granted Cook an award of one million restricted stock units (RSUs) -- one of the largest pay packages for an executive in a decade, intended to signal its confidence in Cook in the wake of the late Steve Jobs. 

The award vests annually, but part of the grant depends on shareholder returns versus a basket of Apple's corporate peers, including Cisco Systems and Google. 

But Apple has come under increasing strain from rivals like Samsung Electronics and Huawei in key markets, while Amazon.com and other manufacturers are using Google's Android software to launch competing tablets. 

Apple's profit and margins slid in the September quarter despite selling 33.8 million iPhones. Sources have said demand for the $100 cheaper, brightly hued iPhone 5C has severely lagged sales for the top-tier 5S, spurring concerns about the iPhone's market positioning and its ability to compete with a growing profusion of lower-cost rivals. 

This month, it finally secured a deal with China Mobile after protracted negotiations, a deal that should enlarge its footprint in the world's largest telecoms market
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Google: Government request to remove content worrying


Google: Government request to remove content worrying


Google: Government request to remove content worrying
The company regularly receives requests from governments and courts around the world to hand over user data.

NEW DELHI: Search engine giant Google has raised concerns about consistent demands by governments and law enforcement agencies across the world to remove content that is critical of them. 

The US-based firm, which offers services like search, email, ads and mapping, said over the last four years, "one worrying trend has remained consistent: governments continue to ask us to remove political content". 

The company regularly receives requests from governments and courts around the world to hand over user data. 

In a blogpost, Google legal director Susan Infantino said, "Judges have asked us to remove information that's critical of them, police departments want us to take down videos or blogs that shine a light on their conduct, and local institutions like town councils don't want people to be able to find information about their decision-making processes." 

Between January and June this year, Google received 3,846 government requests to remove 24,737 pieces of content, an increase of 68 per cent over the second half of 2012. 

These officials often cite defamation, privacy and even copyright laws in attempts to remove political speech from Google's services. 

Google said it has received 93 requests to take down government criticism and removed content in response to less than one third of them during the first half of 2013. Four of the requests were submitted as copyright claims. 

In the past too, Google has said the number of such requests are on the rise with growing usage of its services every year. 

"While the information we present in our Transparency Report is certainly not a comprehensive view of censorship online, it does demonstrate a worrying upward trend in the number of government requests, and underscores the importance of transparency around the processes governing such requests," she said. 

Tech firms, including Facebook, Twitter and Yahoo, have been seeking to release more information on Government data requests, in the belief that this would reassure their customers. 

These companies have also expressed "serious" concerns about monitoring of content by government agencies and they have also beefed up encryption (security) of user data to protect privacy of their consumers.
 


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Indian IT: Wake up and smell the opportunity

Indian IT: Wake up and smell the opportunity


Indian IT: Wake up and smell the opportunity
There are new $100-billion market opportunities that could revitalize this industry.

The same advances that are changing the IT landscape are also creating new opportunities, says Vivek Wadhwa, fellow at Stanford Law School and director of research at Duke University...


A few years ago, Wall Street Journal and Forbes published articles predicting the demise of Indian IT. I responded with an article that they were dead wrong. I said that the outsourcing market had a long way to go before IT peaked; rising salaries and attrition rates were not a cause for long-term concern; and Indian IT would soon become a $100 billion industry. It did.

Now I am ready to declare the end of the line for Indian IT. There are new $100-billion market opportunities that could revitalize this industry. But from what I've seen, Indian executives seem incapable of steering their ships in the right directions.

It is not that Indian outsourcers have become less capable of servicing Western needs. It is that their customer base — the CIO and IT department — is in decline. With the advent of tablets, apps, and cloud computing, users have direct access to better technology than their IT departments can provide them. They can download cheap, elegant, and powerful apps on their iPads that make their corporate systems look primitive. These modern-day apps don't require internal teams of people doing software development and maintenance. They are user-customizable and can be built by anyone with basic programming skills.

It takes decades to update legacy computer systems , and corporate IT departments move at the speed of molasses. So, Indian outsourcers have a few more years before they see a significant decline. They certainly won't see the growth and billion-dollar deals that have brought them this far.

The same advances that are changing the IT landscape are also creating new opportunities. For example, advances in robotics, artificial intelligence (AI), and 3D printing are making it cost effective to move manufacturing back from China to the US, Europe... and India.

Take the Baxter robot from Rethink Robotics. It has two arms, a face that displays simulated emotion, and cameras and sensors that detect the motion of human beings that work next to it. It can perform assembly and move boxes — just as humans do. It will work 24 hours a day and not complain. It costs only $22,000. This is one of many such robots.

AI is making it possible to develop self-driving cars, voice-recognition systems, and computer systems that can make human-like decisions. AI technologies are also finding their way into manufacturing and are powering robots such as Baxter.

A type of manufacturing called "additive manufacturing" is making it possible to cost-effectively "print" products. 3D printers can create physical mechanical devices, medical implants, jewellery, and even clothing. The cheapest 3D printers, which print rudimentary objects, currently sell for between $500 and $1,000.

Soon we will have printers for this price that can print toys and household goods. By the end of this decade, we will see 3D printers doing the small-scale production of previously labor-intensive crafts and goods. In the next decade we may be 3D printing buildings and electronics.

These technologies are becoming readily available and cheap, but America's manufacturing plants aren't geared up to take advantage of them. Most don't have the know-how. This is where India's companies could step in. They could master the new technologies and help American firms design new factory floors and program and install robots. They could provide management consulting on designing new value chains and inventory management.

They could operate and monitor manufacturing plant operations remotely. This is a higher-margin business than the old IT services. And Americans would cheer India for bringing manufacturing back to their shores — rather than protest it taking their IT jobs away. We are talking about a trillion dollar market opportunity.

India's technology companies can also develop sensor-based biomedical devices, cures for diseases by analyzing genome and health data, drone-based delivery systems, smart cities, digital tutors, and sensors to improve farming. Software and IT are the key to developing all these.

In my discussions with Indian CEOs, they all acknowledge the reality. They are becoming aware of what lies ahead. I have implored them to start retraining their people in the new technologies and develop new businesses and consulting practices. They listen, nod their heads, and go back to trying to close the disappearing software-outsourcing deals. They are shuffling deck chairs on the Titanic
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Now, PCs that learn from mistakes

Now, PCs that learn from mistakes



Computers
 have entered the age when they are able to learn from their own mistakes, a development that is about to turn the digital world on its head. 

The first commercial version of the new kind of computer chip is scheduled to be released in 2014. Not only can it automate tasks that now require painstaking programming — for example, moving a robot's arm smoothly and efficiently — but it can also sidestep and tolerate errors, potentially making the term "computer crash" obsolete. 

The approach, already in use by some technology companies, is based on the biological nervous system, specifically on how neurons react to stimuli and connect with other neurons to interpret information. It allows computers to absorb new information while carrying out a task, and adjust what they do based on the changing signals. 

In coming years, the approach will make possible a generation of artificial intelligence systems that will perform functions that humans do with ease: see, speak, listen, navigate and control. That can hold enormous consequences for tasks like facial and speech recognition, navigation and planning, which are in elementary stages and rely heavily on human programming. Designers say the computing style can clear the way for robots that can walk and drive in the physical world, though a thinking computer, a staple of science fiction, is still far off. 

"We're moving from engineering computing systems to something that has many of the characteristics of biological computing," said Larry Smarr, who heads the California Institute for Telecommunications and Information Technology. Conventional computers are limited by what they have been programmed to do. Computer vision systems, for example, only "recognize" objects that can be identified by the statistics-oriented algorithms programmed into them. An algorithm is a set of step-by-step instructions to perform a calculation. 

Last year, Google was able to get a machine-learning algorithm, known as a neural network, to perform an identification task without supervision. In June, the company said it had used those neural network techniques to develop a new search service to help customers find specific photos more accurately. These new approaches are being driven by the explosion of scientific knowledge about the brain
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