Religare
Commodities Limited, a subsidiary of Religare Enterprise
limited offers excellent career opportunities for graduates/Post
graduates. Eligible candidates will be screened in a
group discussion and a personal interview. Selected candidates
will have to undergo a twelve day certification program
in Commodity Derivatives market offered by MCX Center
of Academia – consultancy and training. Course
commencement – November 26, 2007. On successful
completion of the course, a candidate is eligible for an employment
opportunity with Religare . Last date for submission
of application forms – 17/11/ 2007. Religare Commodities
Limited, 25 Ghanshayam Building, Ground Floor, Nehru Place,
New Delhi -110019. Tel: 011-30814328. Email: aart.duggal@religare.in
Insurance outscoring business would add
over one lakh jobs in India by 2010. Capitalizing on
its low cost advantage and its existing strength on the IT
sector India has emerged as a net gainer with the country likely
to generate 2 billion dollar revenue and over one lakh jobs
through insurance outsourcing business by 2010, as per a KPMG
report.
Public sector banks are facing acute staff
shortages and they are planning to hire close to 5,000 employees over
the next few months. Among them SBI- India's largest bank is
looking to hire over 2,700 employees for its various associate
banks. Most PSU banks are now looking for candidates with good
written and verbal English
The offshore business process outsourcings
to India specially in the financial services sector is
set to grow further. As companies globally become more
cost conscious as a result of shrinking margins, more and more
processes will be outsourced and India is likely to become
a major beneficiary. As the process matures more high end process
like analytics will move to India
Commodity trading has multiplied by 28
times in just three years in India and this sector is
now facing an acute shortage of skilled manpower. The industry
feels that there will even more substantial growth in the future
opening a vast new job market for those wanting to make a career
in commodities.
Micro
Finance Institutions in India are growing over 100% a year. MFIs
are all set to hire over 2500 people over the next few months
and open more than 700 new branches accross the country.Quite
a few private equity players are ready to invest in the top
performing MFIs. Salary level in this sector is all set to
rise.(Reliance Retail may seek permission
from the RBI to set up an NBFC that may operate as a Micro-Finance
Institution.
The rising rupee is making foreign exchange
trading volumes swell and thereby increasing the demand for
hedging services. The salaries
of foreign exchange traders are also increasing sometimes matching
their counterparts in Singapore. It is expected that overall
salaries of those in foreign exchange trade in India would
jump by 30% this year
Banks are all set to hire 20,000 professional
in the next one year. In the
next 2-3 years both public sector and private banks will increase
their hirirng to fill large scale vacancies due to retirement,
fill vaccancies in new branches and also to drive business
growth
Salaries in the financial services sector
are going up. According to
industry estimates, analyst's salary have tripled in the
last three to five years. There is a severe talent crunch in
the financial services sector and companies are willing to
pay top salaries , as per international standards for top financial
experts
Asian Development Bank - Japan Scholarship
Program-The Asian Development Bank (ADB) - Japan Scholarship
Program (JSP) wasestablished in April 1988 with financing from
the Government of Japan. It aims to provide an opportunity for
well-qualified citizens of ADB's developing member countries
to pursue postgraduate studies in economics, management, science
and technology, and other development-related fields at participating
academic institutions in the Asian and Pacific Region.Upon completion
of their study programs, scholars are expected to contribute
to the economic and social development of their home countries.
The ADB-JSP enrolls about 300 students annually in 20 academic
institutions located in 10 countries within the Region.The ADB-JSP
provides full scholarships for one to two years.Detailed description
is availbale at the Banks website http://www.adb.org/JSP/default.asp
Wealth Managers and private banks are looking
at huge growth globally. In
emerging economies like India the key to wealth managers achieving
their aggressive growth targets would largely depend on talent
availability as recruiting , retaining and training client
relationship managers is critical to their success. Wealth
managers and client relationship managers would be in
much demand in the coming year
Credit Suisse is in the process of recruiting
for Equity Business professional in India to
launch the Knowledge Process Outsourcing (KPO) in Pune. Roles
will include Equity Research, Prime Services, Derivatives,
Sales and Trading Support, Corporate Marketing, Client Centricity
and Support professionals
UTI will add at least 4,500 to its workforce
this fiscal it has also plans
to add 150 new branches in the country.UTI bank plans to aggresively
expand its retail business and also add new verticals such
as retail asset busines
Genpact, the largest BPO in India has
signed an agreement to acquire Axis Risk Consulting Services-
which provides , internal audit, SOX documentation and compliance,
enterprise risk management and risk assurance services. This
acquisition would enable Genpact to add a high end extension
to their F&A vertical which is also their largest vertical
IMTPIP- Indian Motor Third Party Insurance
Pool - has been setup by all general insurers in India
to collectively service Commercial Vehicle Third Party Insurance
Business. An Administration Committee representing all non-life
insurers in India has been constituted for the purpose of overseeing
the operation of the pool. The size of the pool is likely to
be in the region of Rs. 3500 crores involving 6 million policies
and half a million claims every year spread across the country.Address
-Indian Motor Third Party Insurance Pool'- General Insurance
Council, 6 th floor, Suraksha, 170, Jamshedji Tata Road, Churchgate,
Mumbai- 400020. |
