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Sunday, 9 February 2014

Sony announces sale of Vaio PC business to Japanese investment fund



Sony announces sale of Vaio PC business to Japanese investment fundsony_store_tokyo_reuters.jpg

Sony on Thursday drastically slashed its full-year earnings forecast, saying it would lose about $1.08 billion as the Japanese consumer electronics giant announced it was exiting the personal computer business.
The firm, which said it earned 11.17 billion yen ($110 million) in the nine-months to December but would lose 110 billion yen over the full fiscal year, announced it would sell the unit under the Vaio brand to a Japanese investment fund.
The shock announcement reverses Sony's previous outlook which was for a 30 billion yen net profit in the year to March.
The company blamed the poor outlook on a declining business and planned assets sales "which were reconsidered", as well as some losses in its games business which were not included in the earlier forecast.
Sony also said it would sell its struggling PC business to Japan Industrial Partners (JIP).
It did not disclose financial details, but Japanese media have reported that the deal was worth between 40 billion yen and 50 billion yen.
Citing "drastic changes" in the global PC market, Sony said it had decided to "concentrate its mobile product lineup on smartphones and tablets and to transfer its PC business to a new company established by JIP that will enable (its) continuation".
The firm would "cease planning, design and development of PC products", it added.
"Sony's manufacturing and sales will be discontinued after the Spring 2014 lineup."
Sony on Thursday said it would cut 5,000 jobs from its workforce, saving more than $1.0 billion annually as the Japanese electronics giant undergoes a painful restructuring.
The job losses about 1,500 in Japan and 3,500 overseas were tied to an overhaul of its television unit and the sale of its personal computer business, it said.

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Sochi Google doodle quotes the Olympic Charter in support of gay rights



Sochi Google doodle quotes the Olympic Charter in support of gay rightsgoogle_doodle_antigay_law_olympic_rainbow.JPG

Google has placed a rainbow version of its logo on its search page, increasing pressure on President Vladimir Putin over Russia's "gay propaganda" law at the Sochi Winter Olympics.
The page now shows a winter sports competitor above each of the six letters in the U.S. Internet giant's name, set against backgrounds in the six colours on the gay pride flag - red, orange, yellow, green, blue and purple.
The page also includes a quote from the Olympic charter underlining the right to practise sport without discrimination.
"The practice of sport is a human right. Every individual must have the possibility of practicing sport, without discrimination of any kind and in the Olympic spirit, which requires mutual understanding with a spirit of friendship, solidarity and fair play," it says.
Google Inc. did not immediately comment.
The international outcry over the law, signed by Putin last year, threatens to undermine his hopes of using the Games to portray Russia as a modern state that has come a long way since the Soviet Union collapsed in 1991.
Putin says the legislation, banning gay propaganda among minors, is needed to protect young people. Critics says it fosters a climate of discrimination against lesbian, gay, bisexual and transgender (LGBT) groups.
Telecoms company AT&T, a sponsor of the U.S. Olympic team, criticised Russia this week over the law, increasing pressure on other companies to speak out.
The Human Rights Campaign, an LGBT rights organisation, praised Google for what it called a move to show solidarity with LGBT Russians and visiting athletes.
"Google has once again proven itself to be a true corporate leader for equality," HRC President Chad Griffin said.
"Alongside Olympic sponsors like AT&T, Google has made a clear and unequivocal statement that Russia's anti-LGBT discrimination is indefensible. Now it's time for each and every remaining Olympic sponsor to follow their lead. The clock is ticking, and the world is watching."
Pressure on sponsors
Companies including McDonald's, Coca-Cola and Procter & Gamble pay around $100 million each for rights to sponsor the Olympics over a four-year period and want to tap into a feel-good atmosphere during the Games.
These companies are also facing pressure to speak out over the "gay propaganda" law.
"These brands have spent millions to align themselves with the Olympics, but have repeatedly refused to support the founding principles of the Games," Andre Banks, one of the founders of gay rights group All Out, said earlier this week.
United Nations Secretary-General Ban Ki-moon condemned sexual discrimination and attacks on homosexuals in a speech to the International Olympic Committee in Sochi on Thursday which also drew attention to Russia's record on gay rights.
Deputy Prime Minister Dmitry Kozak said shortly afterwards in Sochi that there would be no discrimination at the Games, due to open later on Friday.
"We're all grown-ups and every adult has the right to understand their sexuality," Kozak said. But, echoing a remark by Putin, he added: "Please do not touch kids."

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LG G Flex with 6-inch curved display launched in India at Rs. 69,999

LG G Flex with 6-inch curved display launched in India at Rs. 69,999

LG-G-Flex-front-panel-635.jpg
LG has finally announced the launch of its much-awaited G Flex curved display smartphone in India, at Rs. 69,999. The South Korean major has confirmed that the LG G Flex will be hitting the Indian stores starting Thursday.
In early February, LG had listed the G Flex smartphone on the company's official India site with the same price, and no availability.
Notably, the LG G Flex with a whopping price of Rs. 69,999 has become one of most costly smartphones available in the Indian market leaving behind the Apple iPhone 5sSamsung Galaxy Note 3 and HTC One Max.
Back in December 2013, along with the launch of the LG 55EA9800 55-inch curved OLED television in India, the Korean consumer electronics giant had announced the G Flex for the country, and given a tentative February 2014 launch date.
LG launched its first curved display smartphone in October last year with much fanfare, and it was rolled out only in South Korea initially.
The Android 4.2.2 Jelly Bean-based G Flex is powered by a quad-core 2.26GHz Snapdragon 800 (MSM8974) processor with an Adreno 330 GPU, and 2GB of RAM. It features a 13-megapixel rear camera, and a 2.1-megapixel front-facing camera. The G Flex is powered by a 3,500mAh battery, weighs 177 grams, and is 7.9mm at its thinnest, while being 8.7mm at its thickest.
As for the 6-inch curved display, LG has used a curved OLED panel, which is also built on plastic substrates instead of glass, supposedly giving the phone better durability. The display features Real RGB technology to provide all three sub-pixels in one pixel, thereby making it "brighter and more precise."
LG has also included a new 'self-healing' coating on the back cover, an elastic coating that supposedly has the ability to "recover from the daily wear-and-tear scratches and nicks that un-cased smartphones are likely to receive." The LG G Flex's self-healing capabilities have also been creating a buzz worldwide.
Commenting on the announcement, Soon Kwon, MD, LG India said, "Curved flexible displays are a groundbreaking technology that enhances consumers' viewing experience by many degrees. LG's latest offering G Flex combines innovation and technology along with sleek, curved design that not only delivers a more comfortable grip and fit, but offers better voice and sound quality. G Flex represents a new era in the smartphone space where curved and flexible displays are no longer a sci-fi fantasy."

Mobiles launched in February 2014

Display

6.00-inch

Processor

2.2GHz

Front Camera

2.1-megapixel

Resolution

720x1280 pixels

RAM

2GB

OS

Android 4.2

Storage

32GB

Rear Camera

13-megapixel

Battery capacity

3500mAh



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BBM for Android and iOS updated to bring Find Friends feature

BBM for Android and iOS updated to bring Find Friends featureBlackBerry-Messenger.jpg

BlackBerry has released an update for BlackBerry Messenger, or BBM for Android and iOS that brings the Find Friends feature.
The BBM update for Android and iOS (iPhone) gets the Find Friends feature that can search a smartphone's contact list and find people who are already using the BBM app. The Find Friends feature also allows users to send people an invite to join the BBM contact list. Notably, the new feature on BBM for Android and iOS also allows users to send an invite to people who are not on BBM app via an email or SMS.
Jeff Gadway, head of product and brand marketing for BBM notes on official blog post, "We know how important it is for you to connect with your closest friends, family and colleagues. With this update, we've made it easier to find and invite them quickly and easily. You're always in control of your contact lists."
The blog post further writes that the new BBM app update might take over 24 hours to show up. For those unaware, the BBM app allows users to exchange texts, voice notes and pictures with friends and others. It also offers group chat. Users need to sign-in with a BlackBerry ID following which a PIN is allocated to them, in a manner similar to BlackBerry Messenger on BlackBerry. Users can then add friends by sharing their PIN with friends via SMS, email and social networks in addition to QR codes.
Recently, the popular Canadian smartphone brand confirmed that BBM for Android-powered handsets running the OS version 2.3 Gingerbread will be rolled out in February. The messaging service was earlier only available for devices running Android 4.0 Ice Cream Sandwich or higher.
It has been previously reported that as early as February, BlackBerry may introduce the missing BBM Voice and BBM Channels features on both the Android and iOS platforms.
Additionally, the Canadian mobile maker revealed recently that it does not have plans to launch the popular BlackBerry Messenger (BBM) app on Windows Phone-based smartphones.



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Oppo Neo with Android 4.2, dual-core processor launched at Rs. 11,990

Oppo Neo with Android 4.2, dual-core processor launched at Rs. 11,990

oppo_neo_official.jpg
Oppo has launched its budget smartphone, the Neo, in India at Rs. 11,990. The company has not revealed the availability details of the Oppo Neo for the Indian market, but notes that the smartphone will be soon available.
Oppo had announced the Neo smartphone in January via the Chinese firm's Indonesian branch.
The Oppo Neo was launched in two variants: single SIM and dual-SIM, however, the Chinese smartphone maker has only released the dual-SIM variant in India. The Oppo Neo runs Android 4.2 Jelly Bean with company's ColorOS UI running on top.
The smartphone features a 4.5-inch IPS LCD display, which is able to detect touch input even when the user operates while wearing gloves. The screen features a low (FWVGA) 854 x 480 pixel resolution paired with a pixel density of 217ppi.
The Oppo Neo is powered by a 1.3GHz dual-core processor (unspecified chipset) along with 512MB of RAM. The smartphone sports a 5-megapixel rear camera and also houses a 2-megapixel front-facing camera. The Oppo Neo comes with 4GB inbuilt storage, which is further expandable up to 32GB via microSD card. It packs a 1900mAh battery, with no word on talktime and standby time. The smartphone measures 132 x 65.8 x 9.2mm, and weighs 130 grams.
Recently, Oppo entered the Indian market with the launch of its flagship smartphone, the N1 (16GB) at Rs. 39,999.
The Oppo N1 runs ColorOS which is Oppo's proprietary UI-based on Android 4.2 Jelly Bean out-of-the-box. Specifications on the Oppo N1 include a 5.9-inch full-HD (1080p) IPS display with 1080x1920 pixels resolution and 377ppi pixel density, 1.7GHz quad-core Qualcomm Snapdragon 600 processor, 2GB of RAM, and 16GB and 32GB of inbuilt storage.
The N1 sports a 13-megapixel camera with dual-LED flash, which is the device's major highlight, as the camera can rotate up to 206 degrees, and can lock at any angle. Connectivity options on the device include USB OTG, Bluetooth 4.0, Wi-Fi 802.11 b/g/n, Wi-Fi Direct, GPS, NFC and 3G. It packs a 3610mAh battery.

Mobiles launched in February 2014

Display

4.50-inch

Processor

1.3GHz

Front Camera

2-megapixel

Resolution

480x854 pixels

RAM

OS

Android 4.2

Storage

Rear Camera

5-megapixel

Battery capacity




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Micromax Bolt A37 with Android 4.2, 3G support launched at Rs. 3,999

Micromax Bolt A37 with Android 4.2, 3G support launched at Rs. 3,999micromax_bolt_a37_listed.jpg

Micromax has finally launched the Bolt A37 budget smartphone for the Indian market. The Micromax Bolt A37 is now available on company's online store at Rs. 3,999, and the listing notes that the smartphone will be delivered in 7 to 10 business days. The Bolt A37 was recently listed on Micromax's site without price.
The Micromax Bolt A37 comes with identical specifications to the Bolt A37B listed on company's site on recently with price.
The Micromax Bolt A37, much like Bolt A37B runs Android 4.2 Jelly Bean out-of-the-box. The Bolt A37 is a dual-SIM (GSM+GSM) device, and supports regular SIM size. It comes with 3.5-inch TFT display with 320x480 pixels (HVGA) resolution, and is powered by a 1GHz MediaTek MTK6572M processor along with 256MB of RAM.
micromax_bolt_a37_listing_official.jpg
It includes 512MB of inbuilt storage which is further expandable up to 32GB via microSD card. The Micromax Bolt A37 sports a 2-megapixel rear camera, though there is no word on the front camera. The device packs a 1450mAh battery, which according to the listing can give a standby time of up to 256 hours, and talktime of up to 5.5 hours. Connectivity options on the Bolt A37 include Bluetooth, Wi-Fi, Micro-USB, GPRS, EDGE and 3G.
Earlier this week, Micromax expanded its Bolt smartphone series and introduced the Bolt A46 for the Indian market.
The Micromax Bolt A46 runs Android 4.2.2 Jelly Bean out-of-the-box. The Bolt A46 is a dual-SIM (GSM+GSM) device, and supports regular SIM size. It comes with 4-inch TFT display with 480x800 pixels (WVGA) resolution, and is powered by a dual-core 1.2GHz MediaTek MTK 6572 processor along with 256MB of RAM.
It includes 512MB of inbuilt storage which is further expandable up to 32GB with microSD card. The Micromax Bolt A46 sports a 2-megapixel rear camera with flash, though there is no word on the front-facing camera. The device packs a 1500mAh battery, which according to the listing can give a standby time of up to 180 hours, and talktime of up to 4.5 hours.
Connectivity options on the Bolt A46 include Bluetooth, Wi-Fi, Micro-USB, GPRS, and EDGE. Notably, the Micromax Bolt A46 does not support 3G network connectivity.

Mobiles launched in February 2014

Display

3.50-inch

Processor

1GHz

Front Camera

No

Resolution

320x480 pixels

RAM

256MB

OS

Android 4.2

Storage

512MB

Rear Camera

2-megapixel

Battery capacity

1450mAh



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Nokia X budget Android phone reportedly spotted with 3-megapixel camera


Nokia X budget Android phone reportedly spotted with 3-megapixel camera

nokia-rm-980-benchmark-635.jpg
Nokia X, the rumoured budget Android smartphone also known as Nokia Normandy, has been again spotted under a benchmark which tests the camera section of the handset.
Nokia X has been spotted under the CamSpeed test database, the benchmark test for Sophica with a nearly zero focusing time, hinting the rumoured Android device will come with a fixed focus camera. The device was identified with model name RM-980 once again.
The Nokia X handset, handset was previously said to sport a 5-megapixel rear camera, however the CamSpeed benchmark hints the handset will arrive with a lower 3-megapixel shooter.
Similarly, contradicting the previous rumours of running a highly customized version of Android 4.4 Kitkat OS, the Nokia X will be running Android 4.1.2 Jelly Bean OS, according to Sofica's Twitter post.
Also last week, a new leak via Browsermark 2 benchmark's database purportedly revealed the alleged Nokia X phone to come with model number RM-980. Unfortunately, the listing did not reveal any details about the device, but includes an image that purportedly showed Nokia X wearing Nexus 5's wallpaper and home screen icons.
Some of the other rumoured features of the Nokia X smartphone include a dual-core Snapdragon processor clocking at 1GHz, a 4-inch TFT display with a resolution of 480x854 (FWVGA) pixels, 4GB storage with microSD card, 1500mAh battery, 512MB RAM, and dual-SIM support.
Besides the often appearing leaks online, one can almost confirm the existence of the handset through various other sources. Recently enough, Nokia X was reported to get certified in Indonesia and Malaysia. The handset is said to fall under Nokia's Asha line-up and will be unveiled officially in March, according to a report claiming to quote an unnamed senior Nokia India executive.


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Samsung Galaxy S5 prototype allegedly benchmarked, tipping specifications


Samsung Galaxy S5 prototype allegedly benchmarked, tipping specificationssamsung_galaxy_s5_antutu_leak_hd_blog_it.jpg

Samsung's much-anticipated Galaxy S5 has been reportedly spotted on AnTuTu benchmark listings, along with details of the innards of the device.
An Italian publication has posted the AnTuTu benchmark screenshots of the yet-to-be-announcedSamsung Galaxy S5. However, the site clearly reveals that the benchmarks have been tested on a prototype or a beta version of the device and not a final product. As per the site, the alleged prototype of the Galaxy S5 has been sent to major mobile carriers for testing purposes.
According to the site, the Galaxy S5 will sport a 16-megapixel rear camera and will be powered by a 2.5GHz quad-core Snapdragon 800 processor. Further, the leaked benchmark screenshots reveal a full-HD display in tow offering a pixel density of 480ppi.
Notably, the device being said to be the prototype of the Galaxy S5 is seen running Android 4.4.2 KitKat version. The leaked screenshots also show the alleged prototype of the Galaxy S5 scoring a remarkable 35,666, and is seen leading smartphones like Samsung Galaxy Note 3, Sony Xperia Z Ultra, LG G2, Samsung Galaxy S4 and HTC One.
Samsung has already sent media invites for its "UnPacked 5" event, where the company is said to unveil the next Galaxy flagship smartphone at the sidelines of MWC 2014 on February 24 in Barcelona.
On Thursday, a report citing an insider with knowledge of Samsung's plans suggested that the Galaxy S5 unveiling will be a low-key event. According to the report, Samsung Galaxy S4's underperformance in terms of sales, despite of a flashy launch in New York last year has been a reason for the company to go for a toned-down event.
In addition, the report also noted that Samsung could showcase the Galaxy Gear successor along with Galaxy S5 at MWC, something we've heard previously, from a Samsung VP.
The Galaxy S5 is widely expected to feature the fingerprint scanner, which is said to be integrated into the device's display panel.


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Xolo Q1100 with Android 4.3, Snapdragon 400 processor launched at Rs. 14,999


Xolo Q1100 with Android 4.3, Snapdragon 400 processor launched at Rs. 14,999xolo_q1100_listed_official_store.jpg

Xolo has expanded its Q smartphone series and introduced the Q1100. The Xolo Q1100 is now listed on the official website with a price of Rs. 14,999. However, there is no word on the availability of the latest Q1100 smartphone.
The Xolo Q1100 runs Android 4.3 out-of-the-box, the highlight of the device, which makes it the latest Android version in Xolo's smartphone line-up.
The Xolo Q1100 smartphone offers dual-SIM (GSM-GSM) support. The new Android smartphone from Xolo features a 5-inch HD IPS display with a 720x1280 pixel resolution, translating to a pixel density of 294ppi, and boasts One Glass Solution (OGS). A quad-core Qualcomm Snapdragon 400 (MSM 8228) processor powers the device, clocked at 1.4GHz with an Adreno 305 GPU and 1GB of RAM.
The Xolo Q1100 sports an 8-megapixel rear camera with LED flash and BSI 2 sensor, while there is a 2-megapixel front-facing camera. The Xolo Q1100 handset comes with 8GB of in-built storage, and can be expanded up to 32GB via microSD card.
The Xolo Q1100 supports Bluetooth, Wi-Fi, GPS, AGPS, EDGE, GPRS and 3G connectivity options. It is backed by a 2000mAh battery, which according to the official site can deliver up to 24 hours of talktime and 600 hours of standby time on 2G network. The Xolo Q1100 is available in Black colour variant.
On Thursday, Xolo unveiled the A500 Club at Rs. 7,099 for the Indian market. The Xolo A500 Clubsmartphone offers dual-SIM (GSM-GSM) support with dual standby and runs Android 4.2 Jelly Bean out-of-the-box. The budget Android smartphone features a 4-inch IPS display with a (WVGA) 480x800 pixel resolution. A dual-core MediaTek MTK 6572 processor powers the device, clocked at 1.3GHz with a Mali-400 MP for graphics and 512MB of RAM.
The smartphone sports a 5-megapixel rear camera with LED flash, while there is a 0.3 megapixel front-facing camera. The Xolo A500 Club handset comes with a 4GB in-built storage, and can be expanded up to 32GB via microSD card.
In addition, the Xolo Q1010 was also spotted listed at an e-commerce website without price, or availability, with the online retailer's page providing a 'Notify Me' option.

Mobiles launched in February 2014

Display

5.00-inch

Processor

1.4GHz

Front Camera

2-megapixel

Resolution

720x1280 pixels

RAM

1GB

OS

Android 4.3

Storage

8GB

Rear Camera

8-megapixel

Battery capacity

2000mAh


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Top Recruiters Like Goldman, Citigroup, Pepsi & Others In Fierce War For Female Grads At IIMs


Top Recruiters Like Goldman, Citigroup, Pepsi & Others In Fierce War For Female Grads At IIMs

Top Recruiters Like Goldman, Citigroup, Pepsi & Others In Fierce War For Female Grads At IIMs
A fierce battle for female talent is set to erupt at the IIM placement season this month as a bunch of marquee recruiters - all keen to improve their diversity scores – prepare to swoop in on the limited women graduates passing out of the institutes this year.

Exactly 533 women, or 22% of the class of 2,442 students, will graduate from six leading IIMs this year. But combined demand from leading companies is likely to be higher.
A sample of leading recruiters – Bain & Company, Goldman Sachs, Citigroup, American Express, PepsiCo and Bharti Airtel - are keen to ensure that as high as 28-50% of their B-School hires this year are women.
This excess demand for women in comparison to the gender ratio at IIMs is likely to spark a talent war in the coming weeks.
Bain & Co’s plans this placement season are a good indicator of things to come. The consulting firm – one of the biggest recruiters at Harvard, Stanford and Wharton – is likely to ensure that 50% of its US B-School hires are women. The mandate for India hiring is not very different.
NO DIFFERENTIAL COMPENSATION
“We believe gender diversity is an important way of bringing new ideas to clients,” says Russ Hagey, worldwide chief talent officer and senior partner at Bain & Company. “Across the globe, we are asking all our offices, including India, to be highly mindful of this at campuses.”
Adds Nikhil Prasad Ojha, strategy head of Bain & Co India and a partner who oversees HR: “We will definitely be increasing the intake of talented women this year. Gender diversity helps us in developing more innovative and collaborative approaches.”
About half of the management trainees PepsiCo recruited through pre-placement offers this year have been women, up from 30% last year.
American Express wants to ensure that 40% of B-School grads hired this year are women, up from 30% during the past two years. 
At Citi too, women are expected to constitute about 40% of total hires through business schools in 2014. “A gender-diverse workforce understands clients better and is more creative and innovative,” says Anuranjita Kumar, country human resources officer for Citi India. “A higher intake of women talent across campuses provides a steady pipeline at the mid and senior levels.”
Axis Bank will recruit only women from ISB’s flagship post-graduate in management programme. This is part of a special programme called ‘Diversified Leadership Among Women in Banking’ that it runs at the B-School.
Over the past year, Goldman Sachs has extended an additional 83 professional and 57 internship offers to female graduates, a 7% and 10% increase each. V Bunty Bohra, the CEO of Goldman Sachs in India, says the critical elements of its business would only be possible with a strategic recruitment policy focused on inclusion.
In the past three years, Goldman Sachs has increased its offers to women by approximately 45% and internships by 43% for female graduates. Airtel has 28% of the total hires as women so far. “Promoting diversity across functions stimulates innovation with diverse ideas and boosts the growth potential for the company,” says an Airtel spokesperson.
For the moment, companies maintain they won’t offer differential compensation for women. “We won’t bend rules to pick a female graduate over a male graduate, but we would go with the female graduates if all other parameters are in place,” says Sachin Nandgaonkar, senior partner and director for BCG in India, and the head of recruitments for the firm. It is hoping that at least a third of its B-School recruits this year are women.
“We have only two women partners in our 10-year history. The numbers are much lower than what we would like,” says Nandgaonkar.


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Job Roles In Capital Market Industry


Job Roles In Capital Market Industry

Job Roles In Capital Market Industry
Working in the Capital Market industry can be really exciting. Know more about the job roles offered by this sector.
Srilagna Saha, TimesJobs.com Bureau
According to experts, careers in the Capital Market (CM) can be extremely rewarding. “When people are talking about Capital Markets, they are essentially talking about equities and fixed income markets. The broader term, however, is Financial Market which comprise of equities, bonds, currencies, commodities, andstructured products.
In order to identify the roles and profiles offered in the Capital Market, it’s necessary to classify this segment. CM is classified into two broad areas, namely primary and secondary market
Primary Market: Roles offered are into issue management/merchant banking.
Secondary Market: Roles offered are into trading, sales and research.
Roles offered and market players
  • Primary Market: Edelweiss, ICICI Securities, Motilal Oswal, CitiBank, Deutsche Bank
  • Secondary Market (trading and sales roles): Angel Broking, India Infoline, IIFL, HDFC Securities
  • Pure Research/Advisory Firms: This category can be further divided into fundamental and technical research; roles offered are into fundamental analyst and technical analyst.
  • Wealth Management/Private Banking: Roles offered are into financial advisors, investment counselors, and financial planners. Key market players are IIFL Private Wealth, Private Banks and MNC Banks
  • Asset Management Companies/Mutual Fund Houses: Roles offered are into trading and sales. Key market players are HDFC Mutual Fund, Reliance Mutual Fund, UTI Mutual Fund, Axis Mutual Fund
“Given this landscape, it’s evident that there are a lot of career opportunities. Depending on your skills and interests, you can get into firms involved in primary market or secondary market space, or if you want to do pure research, you can also get into pure research firms, as well,” stated H. Jaishankar, director, Finitiatives Learning India Pvt. Ltd.
Most of the roles offered, however, are customer facing. “85 per cent of the jobs that are available will be into sales, 15 per cent into research, and only 5 per cent into trading,” confirms Jai.
Adding to this, he says, “For every one trader, these firms will recruit 20 sales people; which mean career scope into sales is huge.”
However, just like the market, career options are also volatile. If the business grows, firms will recruit, if it doesn’t then there will be lesser requirement.
Education background required
  • Issue management/Merchant banking: MBAs/CAs
  • Research: MBAs/CAs, Engineers
  • Sales: Graduates
Do I stand a chance?
According to experts, you only stand a chance to get a job in this volatile market, only if you play intelligently. It’s important to enhance the CV and differentiate it from the rest.
  • Flavour your CV with CM experience
  • Attach a research report
  • Job-oriented certifications
Certifications available
- Certifications:
  • NCFM – popular, but not rigid
  • FLIP – Focused, role-oriented certifications
- Do not replace full-fledged degrees like CFA/CFP
NCFM offers equity dealers module and equity derivatives module
NISM offers mutual funds distributors module


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