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Friday, March 5, 2010

INFOSYS PLANS TO RAISE THE STAFF PAY

 Infosys Technologies Ltd., India's second-largest software exporter by sales, is considering raising salaries of all its staff in April, its second such hike since October, as it expects the recovery in demand for technology outsourcing to get stronger as the year progresses.


The planned pay hike comes at a time when the Indian information technology sector is emerging strongly from the impact of the global slowdown. Software exporters are now getting more contracts than a year ago as customers in the U.S. and Europe are reviving shelved projects and allocating more funds for technology services.
"In a normal year, we have given wage hikes in April, so this year also we are looking at raising wages in April," Chief Financial Officer V. Balakrishnan told Dow Jones Newswires Thursday. "We will decide the quantum later, it is too early."

Bangalore-based Infosys, which is listed on the Nasdaq and the Bombay and National stock exchanges in India, had in April 2009 put a freeze on wage hikes and promotions. However, in October, it gave promotions and increased salaries by an average 8% in India and 2% outside the country, as it saw signs of an impending recovery.

"We believe the environment has stabilized, but clients are still very cautious," Mr. Balakrishnan said.

The IT sector was among the most-severely hurt in India from the global slowdown as clients cut projects and demanded cheaper rates for products and services. However, the mood has now turned upbeat.
Top IT companies such as Infosys, Tata Consultancy Services Ltd. and Wipro Ltd. have posted strong numbers for the October-December quarter, indicating the reviving fortunes of a sector that is exposed more to the economic developments overseas than at home.

Infosys has raised its outlook for the fiscal year ending March 31 while TCS has also said it will consider raising salaries in the next fiscal year.

In a recent report, ratings agency Fitch projected a "gradually improving quarterly revenue growth through 2010 for large players like TCS, Infosys and Wipro as an improving global economy leads to a gradual recovery in client demand for discretionary expenditure."
Sandeep Muthangi, a technology analyst at brokerage IIFL Capital, said he expects that the salary hike at Infosys may be on similar lines to October.
The proposed pay increase indicates that "they (Infosys) are looking at very strong revenue growth next fiscal year...they must be seeing very good demand drivers," Mr. Muthangi said.

Mr. Balakrishnan, however, expects the proposed wage hike to hurt Infosys's operating margin in the April-June quarter. "But if growth comes, it can offset some of the impact," he added.
For the quarter ended Dec. 30, Infosys's operating margin expanded to 35.1% from 34.6% in the previous three-month period.

APGV bank recruits 150m OFFICE ASSISTANTS

Andhra Pradesh Grameena Vikas Bank (APGVB) is rural bank based in Andhra Pradesh & sponsored by SBI.With the headquarerts in Warangal, APGV bank operates around 520 branches across 8 districts.APGVB recruitment for Office Assistants' – 2010 has been announced recently.


Position- Vacancies – Payscale:

Office Assistant(clerical cadre) – 150 posts – Rs. 4410-13210

Dates : Last date for online application submission – 17.3.2010

Date of Written examination – 02.5.2010 (May 2nd)
Eligibility : Candidates interested to apply for APGVB Office Assistants Recruitment ,

* Should be a citizen of India & a resident of Andhra Pradesh
* Must be within 18yrs - 26 yrs of age as on 1.1.2010
* Should have a degree from a recog.university OR minimum 50% in 12th/HSC OR Diploma in banking OR minimum 60% marks in 10th/senior school/matriculation exam.
* Must be proficient in Telugu & English languages
* Candidates with computer knowledge would be preferred

Selection : The selection process for APGVB recruitment will have Written Test(Objective & Descriptive) & Interview. The objective tests is for 150 marks & will be held for 120 minutes.Around 600 candidates (1:4 ratio) are expected to be called for Interview, based on the candidate`s ranking.
Application : The fees of Rs.275(Gen/OBC) or Rs.75(SC/ST) has to be paid at any APGVB / SBI branches between Feb 17-Mar 15 ,2010 & obtain the challan copy with the trans.number & branch code.These details have to be filled in the online application & submitted before 17.03.2010.

FULL INFORMATION :
http://apgvb.com/01%20OA%20Notification.pdf

APPLY HERE :

http://registration.sifyitest.com/apgvb/registration.php

TIPS TO MINIMIZE NEGATIVE MARKS IN COMPETITIVE EXAMS.....

Every candidate taking up competitive exams for the first time are more concerned about Negative marks.Negative marks in these exams are awarded to each and every wrong answer ,which ranges from 0.25 - 0.50 marks.If you still have no clue on how to steer clear without negative marks,proceed reading to know about the do`s & don'ts.


What you must do to minimize negative marks ?

# Analyze the Question paper in advance by referring previous question papers.This helps to get a clear picture of the type of questions in each section.For this, previous question papers or question paper blueprints would help in knowing the pattern

# Practice is the only key.Since most bank exams expect you to complete 120-150 questions in 3 hours,its necessary for the candidates to figure out short-cut methods,easy problem solving skills so that precious time could be saved.

# Try attending mock tests using sample bank exam question papers,which will help to decide on the amount of time needed to answer each question.Time Management is the most needed skill to answer all the questions in time.

# Prepare short notes of your preparations,formulas,important theorems etc.,so you can refer to it during the last minute preparation rather than reading the books.

# Be cool & calm while writing the exam.Getting tensed on an unknown question or hurrying to complete the exam soon, contribute to negative marks largely.

# Answer the questions that you are confident of being correct ,rather than getting stuck with a question wasting time trying to answer it.

# Do not guess until you are very sure of the answer.Guessing can drastically reduce the marks without your knowing.

# Do not erase or overwrite frequently.Since the OMR sheets are read by computers,any improper erasing marks will be calculated as wrong answers,leading to negative marks.

In an attempt to avoid negative marks,don't skip all the unknown questions.Take calculated risks & think of the nearest answer,since there is no success without risks

NO MORE QUANT...IN SBI PO PAPERS FROM NOW !!!!!!!!!!!!!!!

Candidates interested in applying for jobs in State bank of India have a reason to smile as the bank had recently made changes to their exam pattern. SBI has scrapped the mathematical/ quantitative papers for its Probationary Officers recruitment announced last month leaving more room to test candidates on logical reasoning & data analysis skills.


The Test : As per recruitment notice for officer jobs in State bank of India & their associate banks, here is the exam pattern -

1) Test of English Language

2) Test of General Awareness, Marketing & Computers

3) Test of Data Analysis & Interpretation

4) Test of Reasoning (High Level)

Test of Reasoning : The recent SBI recruitment for 4500 Probationary officers saw the inclusion of Test of Reasoning paper in place of Quantitative aptitude/ Numerical ability, which is a standard part of many competitive exams in India, including bank exams.This could be due to the change in the test pattern made by SBI, says an article published in Business line.

Decision Making : Now, with this change the bank looks to extract & test the reasoning and decision making skills.This seems to be a welcome move by SBI as bank officers will have to choose & decide between various available options for which their analysis, logical reasoning & decision making skills are taken into account in written exams.

No Maths.Easy? Although, the removal of maths papers from SBI officer recruitment exams would enable more eligible candidates with no exceptional maths knowledge to apply, it is also mentioned - Test of Reasoning would be of high level !
Hence, bank job aspirants will now have to prepare extensively for the reasoning & data analysis tests, as the competition for bank jobs is increasing & SBI remains the first choice for many.

WBSEDCL recruits BE/ B.Tech/ B.Sc (Electrical/ Mech/ Civil/ Physics/ IT/ CS)/ MCA/ MBA/ Diploma

                       West Bengal State Electricity Distribution Company Limited (WBSEDCL) and  The West Bengal State Electricity Transmission Company Limited (WBSETCL)

NOTE:  ( FINAL YEAR CANDIADTES CAN ALSO APPLY)


WBSEDCL/ WBSETCL are looking for young, Hard Working Engineers/ Professionals for various units of the Companies.

Notification No. PP/2010/03

WBSEDCL Require young, result oriented Engineers/ Professionals for various units of the companies :


* Assistant Engineer (Electrical) : 12 posts (WBSETCL-12), Pay Scale : Rs.15600-39100 Grade Pay Rs.5400/-

* Assistant Engineer (Mechanical) : 05 posts (WBSEDCL-12), Pay Scale : Rs.15600-39100 Grade Pay Rs.5400/-

* Assistant Engineer (Civil) : 16 posts (WBSEDCL-9, WBSETCL-7), Pay Scale : Rs.15600-39100 Grade Pay Rs.5400/-

* Assistant Engineer (IT /Computer Science) : 02 posts (WBSEDCL-2), Pay Scale : Rs.15600 - 39100 Grade Pay Rs.5400/-

* Assistant Manager (Finance Accounts) : 10 posts (WBSEDCL-10), Pay Scale : Rs.15600 - 39100 Grade Pay Rs.5400/-

* Assistant Manager (HR & Administration) : 06 posts (WBSEDCL-6), Pay Scale : Rs.15600 - 39100 Grade Pay Rs.5400/-

* Assistant Manager (Stores) : 03 posts (WBSEDCL-3), Pay Scale : Rs.15600-39100 Grade Pay Rs.5400/-

* Sub Assistant Engineer (Electrical) : 117 posts (WBSEDCL-99, WBSETCL-18), Pay Scale : Rs.6300-20200 Grade Pay Rs.4400/- (initial pay Rs.9000/-)

* Sub Assistant Engineer (Civil) : 30 posts (WBSEDCL-29, WBSETCL-11), Pay Scale : Rs.6300 - 20200 Grade Pay Rs.4400/- (initial pay Rs.9000/-)

Age limit : 27 years as on 01.01.2010. Age is relaxable by 5 years in case of SC/ST candidates and 3 years for OBC candidates.


Reservation : Reservation of post for SC/ST/OBC/Physically handicapped candidates will be as per govt. rules in force.

Application Fee : DD of Rs. 400/- (Rs.300/- for Sub Assistant Engineer posts) drawn in favor of West Bengal StateElectricity Distribution Company Ltd payable at Kolkata only. No fee from SC/ST candidates.

Procedure to Apply :

Apply Online at WBSEDCL Website only between 06/03/2010 to 21/03/2010.

After submitting the details, take the print of the Registration Slip and send it by ordinary posts with fee DD and certificates to:

The Advertiser, Post Bag No. 4429, Kalkaji Post Office, New Delhi - 110019

FULL INFORMATION  :

http://www.wbsedcl-hr.in/Advt2010-03.htm

APPLY  HERE  :

REGISTRATION WILL START FROM TOMORROW ONWARDS (6TH MARCH 2010)..SO,KINDLY WAIT TILL IT GETS OPENED......

http://www.ipostbag.com/recr/AsgMsg.aspx

JNTU 4-1 KAINADA MARCH 2009 SUPPLY PAPERS

4-1 MAY 2009 SUPPLY PAPERS

http://www.mediafire.com/?mqujoyn0wfr

EMI PAPERS(JNTU KAKINADA MARCH 2009)

http://www.mediafire.com/?mjmlagifmqn

PASSWORD :  crazystudent999

JKC recruits 2010 B.Tech paasouts for WIPRO - BPO

                                 WIPRO RECRUITMENT THROUGH JKC

NOTE:

For the Registered Candidates of Adilabad,Nizambad,Warangal and Karimnagar Districts)



 

Venue:

Sree Chaitanya College Of Engineering ,
LMD Colony, Thimmapur, Karimnagar.

Date: 08th March 2010

Reporting Time: 9:00 AM

Note: The JKC registered candidates of 2010 pass out batch are requested to contact their TPOs or JKC in-charges for the list of short listed candidates from their respective colleges to participate in this event.

Selection Process :

*Basic Screening Round

*Voice Assessment

*HR Interview

*Technical test