Atul Karmarkar.Com

Saw an article in the DNA today about an Assistant HR manager of Deutsche Bank, Gautam Deepak Baan, who was arrested by the Economic Offences Wing (EOW) of the Mumbai crime branch for allegedly defrauding the bank of Rs. 1.63 crores. A 28 year old guy, he drew a salary of Rs.10 lakh a year and enjoyed living it [...]

In a complete reversal of it’s earlier decision to terminate services of almost 1,900 employees, Jet Airways chairman Naresh Goyal announced a total reinstatement of the sacked employees, asking them all to report to work on Friday morning. Even as he distanced himself personally from the decision to sack them in the first place, saying his management team [...]

TCS has just inked a contract with the Ministry of External Affairs to manage issue of passports. It has also acquired Citigroup Global Services in an all cash deal for $505 million, adding to it’s headcount by around 12,500 Citi employees. On the HR front, however, there has been a lot of action, which began with firing 20 [...]

The financial meltdown that led to the collapse of institutions like Lehman Brothers, Merrill Lynch and Goldman Sachs is now giving sleepless nights to placement coordinators in premier institutes like the IIMs. This time of the year usually sees a flurry of activity as these institutes disclose data regarding the pre-placement offers made to 2nd [...]

Barely has all the outrage over the killing of Graziano’s Indian CEO died down, when news comes in about another CEO almost meeting the same fate. Kashir Dwivedi, the Indian CEO of Expedience e-Solutions, a Houston, Texas-based software firm was dragged out of his car and attacked in Noida by four men in a Chevrolet Tavera.

Was quite surprised to see a news item about the Indian CEO of an Italian company being beaten to death in Noida. L.K Chaudhury, CEO and MD of Cerlikon-Graziano Transmissions India Pvt. Ltd. in Udyog Vihar of Greater Noida was killed when a meeting of management and workers turned violent, and the workers beat him to death [...]

The worlwide slowdown has put hiring plans of IT companies in the deep freeze. India’s Top Four have not only scaled down their hiring plans, but also deferred joining dates indefinitely for those candidates they had made offers to, TCS and Satyam being in the forefront.