India companies eye switch to rivals as BlackBerry ban looms
NEW DELHI/MUMBAI: Indian companies are mulling options that include leaving Research in Motion (RIM) for other smartphone makers as they face a threatened ban on BlackBerry services that could disrupt business. RIM’s rivals Apple Inc and Nokia would be among the biggest gainers…

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Indian River to give $400,000 to 2 companies promising 60 new jobs
INDIAN RIVER COUNTY — An existing Oslo plankton-farming company and a potential Sebastian network-software developer together got about $400,000 in county grants Tuesday to add about 60 jobs to the Brevard-Indian River economy.

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Afghan invites Indian companies to tap resources
Afghanistan, sitting on vast reserves of iron, copper, cobalt and gold, has invited Indian companies to tap the nearly $1 trillion worth of minerals discovered in the country as the two nations try to enhance and diversify their trade ties.

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Introduction:

In the recent past, the Indian economy has recorded an incredible and dependable growth, which has brought it to considerable global attention.  The regulatory authorities as well as legislation have kept pace with these developments and continuously attempted to improve the infrastructure and environment to bring it in tune with international benchmarks.  In doing so, the role and responsibility of Chartered Accountants in facilitating best practices in corporate governance are significant.

Clause 49 of the listing agreement (which has come into effect from 1st January, 2006) has provided a frame work for validation and reporting regarding compliance with Corporate Governance requirements.  Various duties have been prescribed for the board, audit committee, CEO/CFO etc. and the auditor/ a practicing company secretary is required to issue a certificate with regard to the Compliance of Requirements of Corporate Governance.

The nature of information covered in the report on Corporate Governance is so wide-ranging and the statutory auditor has a tiring responsibility to the stakeholders and regulators in issuing the Certificate of Compliance.  Members of accounting and secretarial profession will be involved as Directors, CEO, CFO, compliance Officers and in other roles in Financial Management, Control Systems etc

Corporate governance requires rules to be established in managing and reporting on business risks and require companies to have an internal control system to monitor risks when exploiting new and innovative ways to improve business. Simultaneously, this framework is a platform for stakeholders’ protection, since it defines the board of directors’ responsibilities. In that way, shareholders, investors and other stakeholders will have defined duties and an adequate structure to decide about their investments, within a transparent framework.

Ethical issues within an organization must be fostered through corporate governance practices.  Normally, Role of professionals can be two types:

(1)   Direct involvement in corporate governance as a member of the board of directors / various committees of the board / Holding the position of a CFO / CEO / Compliance Officer of the company.

(2)   As a reviewer of the functioning of the company, its board and committees as a part of the certification relating to corporate governance.

The nature of information covered in the report on corporate governance is so varied and the reviewer has a very onerous responsibility to the stakeholders and regulators in issuing the certificate of Compliance. The reviewer has to examine in detail the compliance of the conditions relating to corporate governance stipulated under clause 49 of the listing agreement and certify whether the company has complied with the said conditions.  If the company had not complied with any of the conditions the same has been appropriately brought out in his report. Good corporate governance would yield fruits to both the stakeholders and the management and would add value to the organization in the long run. To ensure good corporate governance, the management and the board of the company should ensure compliance in both letter and spirit of the legislations

 The legislation contains certain non-mandatory recommendations and one significant recommendation is the whistle blower policy wherein any employee who suspects any foul play (unethical behaviour, violation of company’s code of conduct, etc.) can report the same directly to the chairman of the audit committee directly by-passing the organizational hierarchy and the system would also provide safeguards against victimization of the reporter of the incident. The compliance with such recommendations would in fact put the company on a very high pedestal of good ethical corporate behaviour / governance.

An independent professional reviewing the compliance relating to corporate governance should report the fact of any non-compliance as this would only pave way to good corporate governance and help the organization in reaping the fruits of ensuring high ethical standards in governance in the long run.

According to Global consulting firms E&Y  & Kelly Services   over 5,00,000 jobs are expected to be created in IT, telecom, banking and healthcare in India in 2010 -20111 period.

Health Care- 2.5 Lakh Jobs

IT & ITES – 1.5 Lakh Jobs

Telecom – 1.0 Lakh Jobs

Banking Sector  -0.4 Lakh  Jobs

Experts expect strong demand of jobs from FMCG, Education, Construction &  Industry Sectors

According to a study by  Associated Chambers of Commerce and Industry of India (Assocham), manufacturing sector alone is expected to create 28Million new jobs by 2015. So that is great news for all aspiring engineers and technicians!

The (Assocham) report  projects  manufacturing, textiles, food and beverages, transport equipment, metals, leather and machinery  to contribute   most to employment generation

Meanwhile, several IT  Companies have announced recruitment plans for 2010 according to Employment Consultants  “Resumes India“

Infosys  – To Hire 30,000 

TCS – To Hire  30,000 

WIPRO  – To Hire 7500 Freshers 

Accenture  – To Hire 8000 

Satyam  – To Hire 5000 

IBM   – To Hire  5000 

Honeywell -   To Hire 1000 

(All the above Hiring news released till mid April 2010 by companies are available at: http://www.resumes-india.com/newsdetails.html )

Companies in manufacturing sector including Chemical, Pharma, Textiles, Oil&Gas, Components, Food have also are said to be looking to augment staff. This is apart from the requirements of the booming organized retail sector.

With Indian Economy on the upswing and GDP expected to grow by 8.5 to 9%,  there will be large job creation. The Indian Employment scene looks bullish and that should bring cheers to jobseekers across the country. Freshers  too should get absorbed in large numbers across all educational fields.  

It is an involved process, from the development of a story idea to commissioning the writing of a cutting-edge script, and further to filming, editing and delivering a finished product. For achieving this, a movie production company in India must adopt and master a myriad technologies and techniques. Moreover, it must have its creative fundamentals firmly in place to ensure that the product features differentiated content and is suitable for the designated audience.

Thanks to the country’s increasingly globalized business platform, there is immense scope for a creative and market-attuned movie production company in India today. The Indian film industry – both in the advertising and entertainment sectors – now rivals in scope and scale anything that the West has to offer. Bollywood has reached a level of glamour and international interest that only Hollywood could previously boast of. Indian television is a major revenue-spinner that drives a number of retail and entertainment markets.

If it has the correct staff and technological soundness, the field of opportunity is limitless for a movie production company in India today. However, the challenge is daunting – uncompromising expertise in motion picture production, mastery over the latest television software and advanced marketing capabilities for effective film distribution, promotion and IPR Marketing are de rigueur. The company must have complete mastery in ad film production and be able to create corporate films that meet the highest international standards. Further, no movie production company in India is complete without the capacity to handle live events and special projects as value-added services.

Movie production is a refined science with exacting protocols to ensure the right product is delivered within specified time-frames. The entire process is basically five-fold. At the development stage, the company develops or commissions a script and adapts it into a suitable basis for a film. Then comes the pre-production process, wherein the company harnesses it resources for the actual shoot by hiring a cast and crew, selecting a location and putting up sets.

In the ensuing production stage, the film crew records the raw elements of the film and graduates it into the post-production stage. Here, the editing process takes place and appropriate visual and audio elements such as music and special effects are incorporated. This invariably involves the use of computer-graphic visual effects. In the case of an ad or corporate film, the product is then delivered to the client. If the film is a commercial venture, the company’s sales and distribution division ensures that it reaches theatre and/or DVD distributors for dissemination to the general public.

Yes, these are exciting and challenging times for any movie production company in India. As the market for quality movie making expands in the country, more and more companies are rising to occasion.

The Companies Hiring The Most Right Now
Here are the midsize companies with the greatest number of job openings listed at the moment.

Read more on Forbes

Knowledge Process outsourcing or KPO refers to a type of outsourcing in which knowledge-related and information-related work is assigned to a different company or by a subsidiary of the same organization, generally to save cost and time spent on the project.

KPO involves components of Business Process Outsourcing (BPO), Research Process Outsourcing (RPO) and Analysis Proves Outsourcing (APO). Apart from outsourcing process expertise, KPO also entails providing domain based processes, analytical skills and business expertise. BPO derives its strength from quantity, size and efficiency, whereas, KPO is more about knowledge, experience and analytical factors.
The growth of the BPO sector in India has laid down the foundation for global outsourcing. The success achieved by many foreign companies in outsourcing business processes to India has encouraged them to outsource projects involving high-end knowledge as well.
Some of the benefits that foreign companies get after outsourcing their knowledge and analysis based tasks to India are reduced costs, efficiency in operations, access to skilled and talented workforce and improved quality results. Let’s discuss in detail these advantages and the scope of India as a global destination for KPO-

Skilled Labor force

An ideal KPO employee needs to possess the basic qualifications like domain specialization, language proficiency and computer skills. Indian education system lays stress on higher education and specialization that churn out a pool of talented and trained professionals in the field of IT, engineering, education, law, medicine, architecture, finance and science every year. Hence, individuals are able to perform any intricate task with ease with their advanced knowledge, analytical interpretation and technical skills.

Reduced costs

In order to keep up with the pace of competitive business world, IT companies all over the world are outsourcing projects to developing countries in Asia, Latin America and Middle East. India has become a favorite destination for foreign companies to invest, as it caters to their cost saving objective well, without any compromise in the quality of work delivered.

Increased efficiency

India has been adding value to KPO businesses all over the world with its hi-tech processes and talented manpower. It offers high quality services at much cheaper rates and companies save upto 50 percent of the total cost by outsourcing projects to India. The testimony of the fact that India is emerging as the preferred destination for KPO is evident as several global giants have set up their offices in the country.

Research and Markets: CAE Market In India 2009-2013 – Indian IT Companies Are Now Aggressively Pursuing Deals In The …
DUBLIN—-Research and Markets has announced the addition of the “CAE Market in India 2009-2013″ report to their offering.

Read more on Business Wire via Yahoo! Finance