Thursday, January 31, 2008

உங்கள் திறமைக்கு பலன் தரும் இணையதளம்

"நான் வேலை செய்து கொடுத்து என் திறமையை நிரூபிக்கத் தயாராக இருக்கிறேன். ஆனால் எனக்கு வாய்ப்பளிக்க நிறுவனங்கள் முன் வரவில்லையே" என்று நண்பர்கள் புலம்புகிறார்களா?...
"பொழுதுபோக்காக நான் ஈடுபட்டிருந்த தொழிலில் என் திறமை குறிப்பிடத்தக்க அளவு மேம்பட்டிருக்கிறது. அதை நிறுவனங்களுக்கு பயன்படுத்த விரும்புகிறேன்," என்று கூறுபவர்கள் உங்களுடன் இருக்கிறார்களா?
"பகுதிநேரத்தில் இணையம் வழியாக வீட்டிலிருந்தே வேலை செய்ய விரும்பும் எனக்கு, எதாவது வாய்ப்பு இருக்கிறதா?" என்று உங்களிடம் ஆலோசனைக் கேட்கிறார்களா...
இதோ அவர்களுக்கான விடை... உங்கள் உலாவியின் முகவரி கட்டத்தில் www.guru.com என தட்டெழுத்துச் செய்தால் இந்த இணையதளம் உங்களுக்கு கிடைக்கும்.
தட்டச்சு மட்டும் செய்யத் தெரிந்தவராக இருந்தாலும் சரி, தகவல் தொழில்நுட்பத்தில் மென்பொருள் வல்லுனராக விளங்கினாலும் சரி, பல பணி வாய்ப்புகளைப் பெறுவதற்கு இந்த இணையதளத்தைப் பயன்படுத்திக் கொள்ளலாம்.
தகவல் தொழில்நுட்ப பணிகள், இணையதளங்கள், வடிவமைப்பு எழுத்துப்பணிகள், பதிப்பகப் பணிகள், புகைப்படம், சிற்பக்கலை உள்ளிட்ட துறை சார்ந்த பணிகள், செயலாளர்களுக்கான பணி என ஏராளமான வேலைவாய்ப்புகள் இத்தளத்தில் பட்டியலிடப்பட்டு உள்ளன.
தற்காலிக பணியாளர் தேவைப்படும் பல நிறுவனங்கள், தங்கள் நிறுவனங்களுக்குத் தேவையான திறமைகளை/பணிகளை இந்த இணையதளத்தில் பதிப்பித்து உள்ளனர். இதில் உங்கள் தகுதிக்கு பொருந்தக்கூடிய பணியை தேர்ந்தெடுத்து அதற்குரிய சேவை கட்டணத்தைக் (விரும்பும் சம்பளம்) குறிப்பிட வேண்டும்.
உங்கள் திறமை மற்றும் சேவை கட்டணம் ஆகியவற்றை கருத்தில் கொண்டு நிறுவனங்கள் தங்கள் பணிகளை உங்களிடம் ஒப்படைக்கும்.

பார்தி ஏர்டெல் நிகர லாபம் 36% உயர்வு

பார்தி ஏர்டெல் லிமிடெட் நிறுவனத்தின் இந்த ஆண்டின் 3வது காலாண்டு நிகரலாபம் 36 சதவீதம் உயர்ந்து ரூ. 1,419.84 கோடியாக இருந்தது.
கடந்த நிதியாண்டில் இதே காலத்தில் இந்நிறுவனத்தின் நிகர லாபம் ரூ.1,043.69 கோடியாக இருந்தது என்று பார்தி ஏர்டெல் நிறுவனத்தின் தலைவர் சுனில் பார்தி மிட்டல் தெரிவித்துள்ளார்.
3-வ்து காலாண்டில் நிறுவனத்தின் வருவாய் 41.47 சதவீதம் உயர்ந்து ரூ. 6,682.57 கோடியாக உயர்ந்துள்ளதாகவும், கடந்த ஆண்டில் இதே காலத்தில் ரூ. 4,723.68 கோடியாக இருந்ததாகவும் அவர் கூறினார்.
வயர்லெஸ் சந்தையில் பார்தி ஏர்டெல் தொடர்ந்து முன்னிலை வகிப்பதாகவும், இந்த வளர்ச்சி மேலும் ஊக்கம் அளிக்கக்கூடிய அளவுக்கு நிறுவனத்தின் செயல்பாடு இருக்கும் என்றும் கூறிய அவர், குறிப்பாக இந்தியாவின் ஊரகப்பகுதிகளில் ஏர்டெல் விரிவாக்கத் திட்டத்தால் தொலைத்தொடர்புத் துறையில் வலுவான நிலையை எட்டும் என்றார்.
பார்தி ஏர்டெல் நிறுவனம் டிசம்பர் 31ம் தேதியுடன் முடிவடைந்த காலாண்டில் மொத்தம் 5 கோடியே 70 லட்சம் வாடிக்கையாளர்களைக் கொண்டிருப்பதாகவும், கடந்த ஆண்டு இதே காலத்தில் இருந்த மொத்த வாடிக்கையாளர்களைக் காட்டிலும் 70 சதவீத உயர்வாகும் என்றும் தெரிவிக்கப்பட்டுள்ளது.

-AIRTEL NEWS FROM MSN TAMIL

டிசிஎஸ்-க்கு 200 மில். டாலர் ஒப்பந்தம்

டாடா கன்சல்டன்சி சர்வீசஸ் (டிசிஎஸ்) நிறுவனத்தின் இணை நிறுவனமான டிலிஜென்டா (Diligenta), கனடாவின் சன் லைப் பைனான்சியல் நிறுவனத்திற்கு பிபிஓ துணை சேவைகளை வழங்குவதற்கான 200 மில்லியன் டாலர் ஒப்பந்தத்தை பெற்றுள்ளது.
இந்த ஒப்பந்தத்தின்படி வரும் மே மாதம் முதல், பிபிஓ துணை சேவைகளை டிலிஜென்டா நிறுவனம் வழங்கும் என்று தெரிவிக்கப்பட்டுள்ளது.
இங்கிலாந்தை தலைமையிடமாக கொண்டு செயல்பட்டு வரும் டிலிஜென்டா நிறுவனம், சன் லைப் பைனான்சியல் தலைமையகமான பசிங்ஸ்டோக் பகுதியில் இருந்தே பிபிஓ துணை சேவையை வழங்கும் என கூறப்படுகிறது.
200 மில்லியன் டாலர் ஒப்பந்தம் கிடைத்ததை தொடர்ந்து, மும்பை பங்குச்சந்தையில் உள்ள டிசிஎஸ் நிறுவன பங்குகளின் விலை 1.06 சதவீதம் அதிகரித்து ரூ.863.25 ஆக உயர்ந்துள்ளன.

msn-tamil

பிபிஓ துறையில் ஒருகோடி பேர் வேலை

இ‌ந்‌தியாவின் பி.பி.ஓ. துறை‌யி‌ல் அடு‌த்த 5 ஆ‌ண்டுக‌ளி‌ல் 2 ல‌ட்ச‌ம் கோடி‌ ரூபாய்க்கு வ‌ர்‌த்தக‌ம் நடை‌பெறு‌ம் எ‌ன்று‌ம், வரும் 2012-‌ம் ஆ‌ண்டி‌ல் இ‌த்துறை‌யி‌ல் மொத்தம் ஒரு கோடி பேர் பணியாற்றுவார்கள் என்றும் நாஸ்காம் தெரிவித்துள்ளது.
எவரெ‌ஸ்‌ட் குழும‌த்துட‌ன் இணை‌ந்து நாஸ்காம் நட‌த்‌திய ஆ‌ய்‌வி‌ல், உலக‌ம் முழுவது‌ம் உ‌ள்ள ‌நிறுவன‌ங்க‌ளி‌ன் ‌விரு‌ப்ப‌த்‌தி‌ற்கு ஏ‌ற்ற வகை‌யி‌ல் இ‌ந்‌திய பி.பி.ஓ ‌நிறுவன‌ங்க‌ள் உ‌ள்ளதாகவு‌‌ம், இதே‌நிலை தொடர்ந்தால், அடு‌த்த 5 ஆ‌ண்டுக‌ளி‌ல் இந்த‌த் துறை 5 மட‌ங்கு வள‌ர்‌ச்‌சியை எட்டும் என்றும் தெரிவிக்கப்பட்டுள்ளது.
த‌ற்போது இ‌த்துறை‌யி‌ன் வ‌ர்‌த்தக‌ம் ரூ.44,000 கோடியாக உ‌ள்ளதாகவு‌ம், வரு‌ம் 2012-க்கு‌ள் ரூ.1.20 ல‌ட்ச‌ம் கோடியாக அ‌திக‌ரி‌க்கு‌ம் எ‌ன்று‌ம் நா‌ஸ்கா‌ம் தலைவ‌ர் சா‌ம் ‌மி‌ட்ட‌ல் தெரிவித்துள்ளார்.
இ‌த்துறை‌யி‌ல் உல‌கி‌ன் 25 நாடுக‌ளி‌ல் சுமா‌ர் 7 ல‌ட்ச‌ம் பே‌ர் ப‌ணியா‌ற்‌றி வருவதாகவு‌ம் அவர் கூறினார்.
இ‌ந்த ஆ‌ய்வு எ‌தி‌ர்கால வா‌ய்‌ப்புக‌ள் தொட‌ர்பாக அ‌றி‌ந்து கொ‌ள்ள ம‌ட்டு‌ம் நட‌த்த‌ப்பட‌வி‌ல்லை என்று கூறிய சாம் மிட்டல், இதனை எ‌ட்டுவத‌ற்கு தொட‌ர்புடைய அனைவரு‌ம் உத‌வி செ‌ய்ய வே‌ண்டு‌ம் எ‌ன்பதை எடு‌த்து‌க் கூறவே நட‌த்த‌ப்ப‌ட்டது என்றார்.

NEWS By MSN TAMIL

Tuesday, January 29, 2008

RAK plans special zone for hospitality

RAK plans special zone for hospitality

Gulf News


Ras Al Khaimah: The International Hospitality Trade and Training Zone (Ihottz), a $2.8 billion joint venture between the Investment and Development Office of the Government of Ras Al Khaimah and the US-based Argentum Development Company LLC to create a regional hub for the global hospitality industry, will host around 16 world-renowned educational institutions at the 90- acre ihottz Hospitality Training Campus which will come up in Ras Al Khaimah.

Located alongside the Emirates Road on a 350 acre plot, ihottz will include a 260-acre hospitality industry free trade zone development and an additional 90-acre for the ihottz Hospitality Training Campus to address the needs of every segment of the international hospitality and tourism industry.

Bobby Batmanghelidg, President and CEO of Argentum Development Company, announced at the Ras Al Khaimah Conference 2008 here on Monday that the ihottz training campus will start offering educational programmes within 18 months.

Joining hands

"We have teamed up with 16 different international centres of education focused on hospitality sector to offer a comprehensive array of academic and training programmes to address the hospitality industry's human capital challenge, which is going to be the largest impediment to the proposed huge growth in the hospitality sector," he said.

Batmanghelidg said that the ihottz educational campus is designed to accommodate as many as 15,000 students upon completion. He said that the $2.8 billion project is being financed by Western capital and ihottz has secured half of the project cost already.

The Ihottz campus will have two centres providing the two-year hospitality MBA programme, a culinary school with international recognition and a college of hotel administration, run by one of the leading international brands, which will offer four-year and two-year courses.

"The campus will also host an Entrepreneurial College, which will provide training to the entire spectrum of staff already employed in the hospitality industry. It will also have a hospitality technical college, which will train and certify candidates for a specific environment in the hospitality industry, ranging from front office and security to supervision," he added.

He said that the objective of the ihottz initiative was to create a critical mass for attracting students for the hospitality industry on a global basis and added that talks are on with at least six international hotel chains to locate their regional training headquarters at the ihottz campus.

"The campus will have 3.5 million square feet of built up space housing 16 different educational institutions. It will also house student residential facilities, and full spectrum of in-house educational and entertainment facilities. The educational component will start delivering in another 18 months," Batmanghelidg added

The industrial component of ihottz, located on a 250- acre plot in a free zone environment, will offer integrated services like hospitality industrial manufacturing and distribution facilities, commercial refrigeration warehouse and other hotel support services like laundry operations, ice manufacturing and industrial baking.


- GULFNEWS

Bush targets Iraq, economy fears

WASHINGTON - President George W. Bush warned Monday against pulling the plug on his Iraq strategy and assured the US public — now more worried about the US economy than the war — that help was on the way.

With barely 12 months before his term ends, and less before the race to the November elections all-but sidelines him, Bush also vowed to “confront” Iran where necessary and do “everything we can” to reach a Middle East peace deal.

The president used his final annual State of the Union address to defend his deeply unpopular handling of what US voters say are their top two concerns: The nearly five-year-old Iraq war and economic turmoil.

“In the long run, Americans can be confident about our economic growth, but in the short run, we can all see that that growth is slowing,” he said, urging lawmakers to speed approval of a 150-billion-dollar stimulus package.

On Iraq, Bush defended his decision one year ago to “surge” 30,000 more US troops into the war-torn country and warned that a hasty US troop withdrawal would leave the fragile political and security progress there in ruins.

“Members of Congress: Having come so far, and achieved so much, we must not allow this to happen,” he declared, adding that US forces were starting to come home and that more would do so in 2008 as their role there changes.

“Our objective in the coming year is to sustain and build on the gains we made in 2007, while transitioning to the next phase of our strategy. American troops are shifting from leading operations, to partnering with Iraqi forces, and, eventually, to a protective overwatch mission,” he said.

Bush cautioned that US foes in Iraq “are not yet defeated, and we can still expect tough fighting ahead,” he said. A senior aide said a progress report in March or April would shape any troop draw-down decision.

Bush had promised that the crackdown would quiet sectarian violence that he blamed for thwarting Iraqi national reconciliation and that Iraqi security forces would be in charge of the entire country by November.

But 2007 proved the deadliest year for US troops since the 2003 invasion, major political progress has been elusive, and Iraqi officials have suggested that it may not be until 2012 that they can assume full control of security.

The president did not unveil any bold new proposals, instead frequently invoking “the past seven years” in a speech that, at times, sounded like he was polishing his legacy in anticipation of writing his own political obituary.

A January 20-22 survey by the Wall Street Journal found that 64 percent of Americans disapprove of Bush’s handling of the economy 67 percent disapprove of his handling of Iraq — two issues that will shape the race to succeed him.

Democrats hope that deep dissatisfaction with the president’s record on both fronts will help them retain control of the US Congress and re-conquer the White House in November. Some of his Republicans worry he could be a liability.

Leading Democratic presidential hopefuls Hillary Clinton and Barack Obama, both senators, were in the audience — and already eager to talk about the next presidential inauguration, in January 2009.

“If we all do our part, next year, it will be a Democratic president giving the State of the Union,” Clinton said at a campaign rally in Hartford, Connecticut.

“The only way we’re finally going to pressure the Iraqis to reconcile and take responsibility for their future is to immediately begin the responsible withdrawal of our combat brigades so that we can bring all of our combat troops home,” Obama said in a videotaped response to the speech.

Bush, who used the annual speech in 2003 to lump Saddam Hussein’s Iraq with Iran and North Korea in an “axis of evil,” urged Tehran to freeze uranium enrichment that Washington fears is a prelude to a nuclear arsenal.

“To rejoin the community of nations, come clean about your nuclear intentions and past actions, stop your oppression at home, and cease your support for terror abroad,” he said.

“But above all, know this: America will confront those who threaten our troops, we will stand by our allies, and we will defend our vital interests in the Persian Gulf,” Bush warned.

He was careful to sunder the Islamic republic’s people and their government, telling Iranians: “We have no quarrel with you, we respect your traditions and your history, and we look forward to the day when you have your freedom.”

Bush also called for a stay-the-course approach on Afghanistan, highlighted his new Middle East peace push, and pressed the Congress to approve free trade pacts with Colombia, Panama, and South Korea.

“If we fail to pass this (US-Colombia) agreement, we will embolden the purveyors of false populism in our hemisphere,” he said, in what an aide confirmed was a slap at Venezuelan President Hugo Chavez, a Bush nemesis.

In an echo of his second inaugural speech, Bush highlighted the spread of democracy and scolded a handful of countries — including Belarus, Cuba, Myanmar, and Zimbabwe — as outposts of repression, aides said.

Gold, platinum hit record on supply, rate cut hopes

Gold, platinum hit record on supply, rate cut hopes
(Reuters)

SINGAPORE - Gold and platinum hit historic highs for a third straight day on Tuesday and silver rallied to its highest in 27 years on expectations of more US interest rate cuts and fears about output in South Africa.

But gold’s rally sent jitters through the physical market, with jewellers complaining that high prices were turning away consumers.

Gold rose as high as $929.40 an ounce, up from $927.50/928.20 late in New York on Monday, driven by technical buying and purchases from Japanese speculators ahead of a US Federal Reserve meeting on interest rates this week.

Spot platinum hit a high of $1,735 an ounce, up from $1,720/1,725 late in New York on Monday, as speculative buying from investors as well as auto makers accelerated after a power crisis forced miners in South Africa to stop operations.

“There may be a chance for platinum to visit $2,000 because of a supply and demand imbalance,” said Ronald Leung, director of Lee Cheong Gold Dealers in Hong Kong.

“There’s demand in platinum and supply is not enough.”

South African mining companies said on Monday they hoped to resume production later this week, but there was no sign of an end to power shortages that have put jobs and economic growth at risk.

The world’s biggest platinum producer, Anglo Platinum, and top gold miners Anglogold Ashanti, Gold Fields and Harmony had stopped mining after they were told by the state-owned power utility it could not guarantee supplies to their operations.

Expectations the Fed will cut key US interest rates by up to 0.5 percentage point at the end of a two-day policy meeting on Wednesday after last week’s 75 basis points cut also underpinned sentiment in precious markets.

COMEX gold futures sustained gains, with the most active February contract hitting another record high at $930 an ounce.

“A lot of stops were being triggered when the price broke $925. Tomorrow night, the Fed will announce the rate cut decision, that’s why there might be some buying ahead,” said William Kwan, a dealer at Phillip Futures in Singapore.

“For spot basis, I am looking at $945 for the upside,” he said.

Leung of Lee Cheong Gold Dealers said a weaker US dollar and interest rate cut hopes supported gold but the possibility of a correction lingered. “We may see some sell-off after the announcement. It may consolidate after that.”

In the physical market, dealers expected sales of scrap as well as cashing in by investors to pick up because of gold’s high price.

“Jewellers and producers are shocked. I expect gold producers to be hedging at these price levels. They will have no choice but to hedge or their assets will be exposed to price risk,” said a dealer in Singapore.

Silver rose as high as $16.76, its best level since December 1980, to track firm gold. The metal was last quoted at $16.67/16.72 in New York.

The benchmark platinum futures contract for December delivery on the Tokyo Commodity Exchange rose by its daily 120 yen limit to 5,555 yen a gram on Tuesday.

The euro was little changed at $1.4785, after matching a two-week high near $1.4800.

Palladium rose to $386/390 an ounce from $384/388 late in New York.

Monday, January 28, 2008

Senior Software Developer/Architect - (.net technology) - Malaysia

Senior Software Developer/Architect - (.net technology) - Malaysia

Requirements:
- Degree in computer science with 5-7 yrs professional
experience
- Good experience in .NET, C# (primary skill), C++
(secondary skill)
- Good experience in GUI development: image display,
user interaction with shapes, graph display, multi
language GUI, HTML / PDF / e

Excel document creation
- Experience of .NET remoting and multi threading
- Experience for data persistence : xml files, data
base
- Very good knowledge on design principles, OO, UML
and software project management
- Knowledge in semiconductor components and image
processing is big advantage
- Ideal fit would be candidates with experience
developing software for vision based inspection
systems for semiconductor components or software
development experience for semiconductor manufacturing
back end of line equipments.
- Good English skills (spoken, written): should be
able clearly write specifications and documentation.
- Switzerland for training on 12th May 2008 – 5th Nov
2008
- Work in Malaysia on 7th Nov 2008 onward
- Frequent travel to APAC region as needed
- Frequent travel to Switzerland expected

Other Essential Attributes:
- Analytical, self-motivated and strong sense of
responsibility, organized, attention to details team
player
- Ability to work independently with minimal
supervision
- Ability to communicate with all levels of users
- Good command of spoken English

Location : Malaysia - Melaka
Duration : Permanent
Nationality : All
Position : 2
Salary : Open

Please send your resume to
"johnson.low@ sg.mindteck. com" or
"johnson_low@ yahoo.com" stating the following:
1. Current Monthly Salary
2. Expected Monthly Salary
3. Availability Period
4. Reason for leaving

We regret only short-listed candidate will be notified
for an interview.

* those who are in Malaysia now for a face to face
interview will have an added advantage.

India honours UAE-based businessman

India honours UAE-based businessman

DUBAI — Yusuff Ali M.A., managing director of the UAE-based Emke Group and Board Member of Abu Dhabi Chamber of Commerce and Industry, has been honoured with Padma Shri — a prestigious civilian award — by the government of India. He is the first Middle East-based NRI to receive the honour.

Padma Shri is given to Indian citizens in recognition of their distinguished contribution to society.

Commenting on the honour, Yusuff Ali told Khaleej Times yesterday that the award would “further motivate him to serve the community and his country with more dedication and humility”.

Yusuff Ali, who has won several awards in India and abroad over the years, is chairman of the Board of Governors of India Social and Cultural Centre in Abu Dhabi.

Asian stock markets take another fall

Asian stock markets take another fall

Hong Kong: Share prices in Asia fell again on Monday amid renewed concerns of a US-led global economic slump.

The Hong Kong market is down by nearly 5 per cent and around 8,000 points on its record high of almost 32,000 last year.

In India, the benchmark Sensex dropped 4.6 per cent in early trading, falling by 837 points.

Japanese stocks tumbled nearly 4 per cent, with the benchmark Nikkei average closed down 3.97 per cent after.

Analysts said continuing worries about the slowing US economy and any spillover effect in Asia would keep the markets volatile during the week.

They said dealers are cautious ahead of another meeting of the US central bank, the Federal Reserve, where a further cut in interest rates is expected.

Sunday, January 27, 2008

DUBAI : Damac launches Dh90m promotions

Dubai: Damac Properties, one of the largest private developers in the UAE, on Sunday unveiled the largest and the most exclusive Dubai Shopping Festival (DSF) promotion worth Dh90 million.

The promotion comprises a mega raffle prize with a private Island worth Dh1 million and a grand raffle prize with a brand new Eclipse 500 Private Jet worth Dh5.5 million.

Every property bought during DSF entitles the customer a chance to win either the private Island or a private jet. The property developer also announces a Bentley or BMW with every apartment brought during DSF 2008.

Peter Riddoch, CEO, Damac Properties, said, "According to reports the event expects to attract around 3.5 million visitors this year.

"This festive season which runs from January 24 to February 24 gives us the opportunity to reinforce our commitment to our esteemed customers and creates a perfect forum for us to build awareness and increase sales."

Hussain Sajwani, Chairman of Damac Properties, said: "With mega entertainment events and exciting offers, DSF 2008 is celebrating its 13th edition and we are privileged to be a prominent "support sponsor" for an event which has grown bigger and exciting each year.

"Last year it was just a Jet plane, this year we have added a private Island at the beautiful and serene Caribbean Sea. The Pelican Caye Island is the one of the few private islands on the Turneffe Atoll and is perfect for a personal estate."

He said over and above that, every customer gets a Luxury car. A Bentley Continental comes free with every Signature Duplex and Penthouse, a BMW 1 series with a studio, or one bedroom apartment or office /retail unit and a BMW 3 series with a 2 bedroom apartment or above.

The Pelican Caye Island is within a 5 minute boat ride of the privately owned airstrip on Blackbird Caye and lies one mile south of Turneffe Flats resort.

The combination of world class resort, fishing and excellent scuba diving opportunities, literally within walking distance of this island, makes Pelican Caye one of the most unique opportunities in the Caribbean.

Over 110 nationalities have brought properties in Damac Properties and effective support services are provided by the property developer.

The company's comprehensive customer care program provides solutions through its vast regional network with offices in the UK (London, Manchester), Ireland, UAE, Iran, Russia, Italy, Jordan, Saudi Arabia, Lebanon, Egypt and Qatar.

Saturday, January 26, 2008

Web Developer with ASP Knowledge - UAE

There is a opening for Web Developer in TD International FZC.. The eligibility is ANY DEGREE WITH Web TOOLS Knowledge (like ASP)… SEND ur CV within a week to this email id…… its an employee referral recruitment drive….




ADAM ARIFIN | WEB DESIGNER

TD INTERNATIONAL FZC | RAS AL KHAIMAH | UAE-
D: +971 7 2041490 | M: +971 50 1657853

E: adam@eatyourheartout.ae | www.eatyourheartout.ae

Wednesday, January 23, 2008

Businesses may have to pay more for Indian talent

DUBAI - A predicted rise in Indian salaries is likely to mean UAE businesses will pay more for Indian talent, says global management consultancy Hay Group.

Hay Group yesterday predicted that the overall wage gap between UAE and Indian salaries will decline by six per cent in 2008, when compared to 2007.

According to data compiled by Hay Group, supervisory level gross salaries were as much as 88 per cent higher in the UAE compared to India in 2005, but declined to 75 per cent in 2007 - and the onsultancy is forecasting a further drop to 70 per cent in 2008, driven in part by the rising rupee.
Commenting on the findings Mark Williams, Director of Leadership and Talent Hay Group Middle East and North Africa, said: Companies based in UAE need to be prepared for further appreciation of the rupee and its knock-on effects. We are already seeing indications that more UAE-based Indians are considering their options back home. In an inflationary employment market, the key is not only to offer more money, but to differentiate yourself through effective talent management. As the pay gap closes, it will be companies that offer clear career paths, attractive training programmes and a strong employer brand will retain their key talent."

ETA Star to invest $1billion in India

ETA Star to invest $1billion in India

The Dubai-based company will enter port, aviation sectors to cash in on the boom.

ETA Star, one of Dubai’s household names, will invest more than $1 billion in India to cash in on booming sectors such as ports and aviation. This will be in addition to other combined investments committed by the company in the power and real estate sectors, which total more than Rs 9,000 crore.

The diversified group is likely to invest Rs 4,000-4,500 crore in the development of a port in Tamil Nadu. The company is already believed to be in final stages of selecting the required site. A study is underway for the same.

The project will be executed through a special purpose vehicle (SPV) that may be formed in the next 7-8 months. The proposal of naming the SPV as ETA Star Ports is currently thought about.

However, it will form a part of the ETA Star umbrella in India, which also has business interest in areas such as real estate, power, engineering and shipping lines.

Hameed Salahuddin, director, ETA Star, said, “We will finalise our plans for the ports venture after the bathymetry study is drafted, which is underway. We will convey our intentions to the Tamil Nadu government shortly.”

The port will look to handle shipments of coal so as to serve a number of power projects which are coming up within the state. It will also handle a sizeable number of automobile export and import as auto facilities of Hyundai, Ford and Ashok Leyland, among others, are based in the vicinity.

Star Aviation, the Chennai-based private airline firm of the ETA group, is looking to start commercial flight operations in June-July this year, after it received the civil aviation ministry’s permission in December.

The airline aims to first launch itself as a regional carrier in the southern market, connecting cities such as Visakapatanam, Coimbatore and Madurai as also metros such as Chennai, Bangalore, Kochi and Hyderabad.

The company will start operations with 3-4 leased and 2 owned Airbus with single class configuration. Company officials claim that the airline will operate in an all-economy class, on the lines of another southern carrier Paramount Airways.

The group’s plan is to make air travel affordable for the local people, without becoming an all out budget carrier.

Salahuddin added, “There is a huge demand from people of tier-II and tier-III cities in India for air travel. These people have the money to go the distance, but as there is no availability of services from existing airlines, we will bridge that gap and explore the market.”

The company aims to aggressively explore the possibility of having a pan-India presence in due course. This will happen through induction of more aircraft and increase in the number of connecting routes.

The company is also awaiting a clear mandate from the government on rules for starting international operations

Barjeel Geojit launches MFs online for NRIs

DUBAI - Barjeel Geojit Securities, the UAE-based provider of Indian mutual funds and equity services, has launched an online service for non-resident Indians (NRI) to allow then to invest in Indian mutual funds.

It is the first independent financial intermediary to launch such a service, "designed to make the investment process paperless, hassle free and seamless," CEO Krishnan Ramachandran said at the company's launch yesterday. The process is simple and eliminates multiple paper work. Investors can purchase, redeem switch or subscribe to new fund offers online, with the click of a button.

They only have to sign a customer agreement form and comply with some basic know-your customer (KYC) forms, he said. KYC forms will come into effect from February 1 and applicable to all investments above Rs50,000. He also said the platform is fully compliant with the regulatory and banking requirements for NRI investments.

Barjeel's first offering under Mutual Funds Online is from HDFC Mutual Fund and SBI Mutual, two Indian asset management companies backed by seven banks. It plans to add all leading mutual funds to the trading platform over the next few months.

Speaking at the launch of the online service, chairman of the Association of Mutual Funds of India, AP Kurian, said: "Mutual funds are emerging as one of the best investment options." Even those funds which give a small return perform better than other investment alternatives, he said, adding: "The hard-earned money of NRIs needs a good return and India gives that return."

Kurian also said that the mutual fund industry is the fastest growing sector in the Indian economy. Assets under management increased 17 per cent between 2006 and 2007.

Barjeel Geojit is a joint venture between Sharjah-based Shaikh Sultan bin Saud Al Qasimi, major Indian brokerage Geojit BNP Paribas Financial Services Ltd, and Sharjah-based investment adviser KV Shamsudheen. The company has offices in Dubai, Abu Dhabi, Sharjah and Ras Al Khaimah and is planning two more offices in Al Ain and Fujairah "in the current year," said Ramachandran.

It’s time for DSF fun again

It’s time for DSF fun again
By Zoë Sinclair (Khaleej Times)

DUBAI — Dubai Shopping Festival (DSF) is set to bring in a huge number of tourists as its reach expands with the 13th edition beginning today and running until February 24.
DSF 2008 executive director Laila Mohammed Suhail said the festival drew 3.2 million visitors last year and this year they expect a 5-10 per cent growth.
“DSF was initially focused on the GCC, CIS, Middle East and the subcontinent,” Laila said. “But Dubai has taken such a huge leap that we are targeting a broader area.”
Laila said DSF had evoked an increasing interest and a growth in tourists from Europe, particularly Germany, the UK and CIS.
However, with the economies of India and China booming, DSF is now being promoted further in these markets. “DSF is being promoted in China, Far East and Europe but India and the GCC are still probably the most important markets,” Laila said.

Tuesday, January 22, 2008

Jobs Digest for Jan 22, 2008 / uploaded files - Latest uploaded dates are today's postings

* Arab News - Saudi Arabia - Jan 22, 2008

* Arab Times - (Kuwait ) - Jan 21, 2008

* Khaleej Times (UAE) Jan 22, 2008

* Miscellaneous (Sent by Community) Jan 22, 2008

visit this site www.gulfjobsbank.com to view older dates

Global panic hits local markets

Dubai: UAE shares sank for the fifth consecutive day on Tuesday as panic selling led by foreign investors drove local shares down.

The selloff triggered by US recession fears saw the Dubai Financial Market Index plunging 6.2 per cent to finish at 5,210.58, while the Abu Dhabi Securities Market shed 6.8 per cent to close at 4,302.46.

Both bourses together shed another Dh50.7 billion in market capitalisation yesterday, bringing the cumulative losses for the last five trading sessions to Dh132 billion.

On DFM, the most liquid stocks such as Emaar, Air Arabia and Dubai Financial Market nosedived while leading ADSM-listed shares such as Mazaya Holdings, Aldar, Aramex and Dana Gas reported losses of 9 to 14 per cent.

"The global link to the market crash is obvious. We are not an isolated market anymore. The market correction today proves the increasing correlation between the region and international markets," said Shaikh Sultan Bin Saud Al Qasimi, Chairman of Barjeel Geojit Securities.

The panic selling brought down all seven markets in the Gulf yesterday and wiped out most of the recovery they made after a region-wide crash in 2005.

Tuesday's slide was led by the Saudi stock market, the largest in the Arab world, with the Tadawul All-Share Index shedding 9.7 per cent to finish at 9,338.54.

Markets in Doha and Muscat also slipped but the Kuwait and Bahrain stock markets suffered only slight declines.

The sudden exit of foreign investors has been largely driven by the fear that the liquidity crunch in the US is escalating into a recession.

Ample liquidity

US stocks tumbled at the open yesterday, but climbed back from the early plunge at mid-day. Though stocks regained ground as investors digested the Fed's move to cut its benchmark rate and as bargain-hunters entered the market, trading remained volatile.

In midday trading, the Dow was down 0.31 per cent, at 12,061.26, recouping from its earlier opening at 11,657.58.

European shares meanwhile jumped nearly two per cent, led by financial stocks, after the US rate cut turned widespread losses into gains. The pan-European FTSEurofirst 300 index ended 1.9 per cent higher at 1,304.37, snapping a five-day losing run.

Despite the exit of foreign investors, some analysts say Gulf stocks will recover, as the region has ample liquidity and historically low correlation to the US market.

"The bleak prospect of the US economy has taken its toll on all the global markets ... but there is enough liquidity in the region for the markets to rebound," said Rami Sidani, senior associate partner at Shuaa Capital.

Around the Net in Online Marketing

Primer For FCC Spectrum Auction
The New York Times


Google will be one of the most closely watched bidders when the highly anticipated FCC spectrum auction begins on Thursday, but the company doesn't stands much of a chance of winning any licenses. But no matter: Google already won a substantial victory in the form of the auction rules, which stipulates that the auction winners of one portion of the available spectrum open their wireless networks to makers of handsets and other mobile devices.

The radio spectrum licenses, on auction now that television broadcasters have been forced to convert from analog to digital signals, "are as coveted as oil reserves are to energy companies," the Times says, adding that the winners will build out a nationwide network that sends farther signals from cell towers using less power, over greater distances, through walls and in far-reaching rural areas.

Meanwhile, the auction is taking place at a time when mobile wireless is becoming the next big opportunity for content creators and advertisers. The minimum bid price for five blocks of licenses (a total of 1,099) is $10 billion. Analysts believe this auction will surpass the previous record of $13.7 billion in 2006. - Read the whole story...

MySpace's Retro-Evolution
The New York Times
News Corp. mogul Rupert Murdoch and MySpace co-founder and CEO Chris DeWolfe have revealed the social network's strategy for the coming year. Interestingly, the MySpace agenda for '08 smatters mostly of traditional media, including the further integration of content from News Corp.'s publishing and broadcasting arms, the creation of a new record label for musicians, a new games portal, and the development of a new online video series. Overseas expansion is also a primary concern--the company is now up to 24 different local versions of MySpace, with four or five new ones on the way. It is still the No. 1 social network, with an estimated user base of 110 million.

DeWolfe says it's become very mainstream. "It's about consuming content and discovering pop culture." In that sense, MySpace now resembles a traditional Web portal like AOL or Yahoo, but with a personal, social bent.

A huge, loyal, lingering user base is music to advertisers. Alan Rambam, a senior vice president at the ad agency Fleishman Hillard, says parent Fox Interactive Media "clearly envisioned [MySpace] as a portal." That said, he adds, "I thought they would be much further along with that today." Original content allows MySpace to sidestep the thorny problem of placing ads on profiles with sexually explicit or other questionable content. - Read the whole story...

Report: "Google Generation" Not What You'd Expect
Ars Technica
The so-called "Google Generation," or those born after 1993, aren't the Internet "super-sleuths" you would think, according to a British report. The British Library and Joint Information Systems Committee report finds that teens in the UK are only marginally better with technology than adults. They also "tend to use much simpler applications and fewer facilities than many imagine," and are far from expert searchers. In fact, this is "a dangerous myth" the report finds, adding that knowing how to use Facebook doesn't mean they know how to mine information using Google.

A literature review, which was part of the study, concludes that there has been no improvement in young people's information skills over the last decade, besides having access to instant answers through search engines. The report cites choosing search terms as a special problem for younger users.

The contention that Web sites like Wikipedia contribute to a greater collective understanding or peer knowledge is another myth, according to the report, which says kids prefer and value teachers, relatives and textbooks more than the Internet. So what is true about the Google generation? They like to cut-and-paste, they prefer visual information to text and they multitask all the time. - Read the whole story...

Microsoft Enters Virtualization Market
Reuters
Microsoft is targeting virtualization software as a new area for growth. The software giant on Monday bought startup Calista Technologies and expanded its existing alliance with Citrix Systems, moves that put Microsoft in direct competition with market leader VMware. Citrix is developing a new software virtualization software tool for Microsoft's Windows Server 2008 that makes its new Hyper-V technology compatible with Citrix's server software, XenServer. Virtualization is considered one of the most significant developments in recent software history, as it physically separates the desktop from a computer, allowing a person to call up a virtualized version of his or her computer over a network connection, while using a different machine. The technology allows companies to save on hardware costs by allowing one machine to access several different desktops.

VMware is the undisputed leader of the virtualization pack, Since the IPO in August, the stock has nearly tripled. Analysts say the virtualization wars are only just beginning, as companies test different ways to use virtualization to improve anything from security software to microchips. - Read the whole story...

eBay's Whitman Retires After 10 Years
The Wall Street Journal
The first major executive shake up of 2008 comes from eBay, not Yahoo: CEO Meg Whitman, in charge of the online auctioneer for 10 years, will announce her retirement in the coming weeks. John Donahue, whom Whitman recruited in 2005 to become president of the company's auction business, is now the leading candidate to succeed her.

Few executives who helped pioneer the commercialization of the Internet industry have remained on top for as long, except for some who can also claim founder titles, such as Amazon.com Inc. CEO Jeff Bezos and Yahoo Inc. CEO Jerry Yang. Indeed, Whitman helped eBay become the largest ecommerce company on the Web, although in recent years, the company has lost market share, merchants and cachet to burgeoning rivals like Amazon.com. The timing of her departure was Whitman's own choosing.

Slowing growth at eBay and the shifting dynamics of the ecommerce business are perceived as major forces in Whitman's decision. A new CEO and new efforts to reverse the slowdown could involve drastic changes, including a possible sale to or partnership with Yahoo, another flagging Internet giant. - Read the whole story...

Yahoo to Cut 700 Jobs Bloomberg News Yahoo To Cut 700 Jobs
Bloomberg News

Nielsen: Google Loses Search Share To Microsoft
Marketwatch

Will Earnings Help Apple Bounce Back?
Fortune

AT&T's Pseudo-Deal
GigaOm


Online Media Daily - Around the Net for Tuesday, January 22, 2008
http://publications.mediapost.com/?sfa=ed&t=42&d=2008-1-22


Updated By Nawaz