Mumbai is the business and financial capital of India. All the major financial institutions, banks and stock exchanges are based in Mumbai. The head offices of most major Indian companies operate from Mumbai. The earlier business district of Ballard Estate have now been replaced by Nariman Point in South Mumbai and more recently to the new business districts, which have come up in Bandra Kurla Complex (BKC) and the Lower Parel areas, which are being built on redeveloped textile mills’ land. Continue reading Finance Jobs in Mumbai
Category Archives: Jobs
BPO Jobs in Mumbai
Mumbai, the commercial/financial capital of India, has brought many jobs in India from the western countries. Mumbai has become a hub in providing the BPO jobs to many unemployed. Mumbai has emerged as a major hub for various types of BPOs like financial, voice process, Engineering Services and ITES services. These centers then create jobs at various levels and types, like: Continue reading BPO Jobs in Mumbai
New Indian Website To Sell Vegetables and Fruit
Akrosh Sharma, after running vegetable mandi for his brick and mortar start up, has made it all online. You can now can “see” the fresh vegetables, check prices and place orders online and need not worry about your precious time haggling with Vegetable vendors. He has also come up with an innovative idea to order a gift, made up of Fruits and Vegetables. Continue reading New Indian Website To Sell Vegetables and Fruit
Tech Fests Still Popular With Indian Industry Despite Cost Cutting
While the global economic slowdown is making everyone cut costs, the Technical Festivals (often called Tech Fests) across India’s premier institutes are still getting their share of money. This time though there has been a shift from IT companies to sector specific companies. Continue reading Tech Fests Still Popular With Indian Industry Despite Cost Cutting
Air India Pilots on Strike -29Sep2009
Air India canceled over 15 flights and bookings have been suspended for next 15 days after the talks have failed between the pilot and Management. Some 100 non-unionized pilot have gone for agitation, and have been reporting sick, against the cut in the Productivity Linked Incentives. Note that the strike by any union had already been declared illegal as the matter is under the conciliation of Labour commissioner. The cash trapped AI is under pressure to reduce it costs, which everyday owes Rs 4.7 crores in interest alone. AI wants to reduce its costs by 1300 crore a third of this has to come by restructuring the manpower cost.
Our View: This issue needs an early resolution as the passengers are losing out of this battle between management and Pilots. If this elongates the airline would see a costlier impact due to diversion of its customer traffic to other Airlines.
References:
http://timesofindia.indiatimes.com/news/business/india-business/Air-India-cancels-over-20-flights-suspends-bookings-for-15-days/articleshow/5066873.cms
http://www.ndtv.com/news/india/air_india_strike_no_headway_15_flights_cancelled.php
http://economictimes.indiatimes.com/articleshow/5067094.cms
http://www.rediff.com/money/2008/mar/15ai.htm