Thursday, 24 August 2017

Sleepwell International offers jobs lifeline












Samoa Stationery and Books and partner Sleepwell NZ have stepped in as “Sleepwell International” to try and take over part of the Yazaki compound.

The plan was announced during a presentation conducted for the staff of Yazaki by the President of S.S.A.B., Fiti Leung Wai, yesterday.

The presentation was made a day before Yazaki officially closes today, after 25 years of operation in Samoa.

Representing the Auckland-based Sleepwell NZ was Salā George and David Lutu. Also in attendance was former Attorney General Aumua Ming Leung Wai who is also a Director in the partnership.

According to Mrs. Leung Wai, fifty percent of Sleepwell International is owned by George and David Lutu of Sleepwell NZ and the other fifty percent will be owned by S.S.A.B.

Their main objective is to reduce the number of unemployment in Samoa.

“We want to increase employment opportunities for the people of Samoa as well as offering opportunities for those who have worked here,” she said.

“For your information the factory will start off with employing of 50 people but our aim is to offer more than 200 work opportunities for the people of Samoa in the next 2-3 years.

“It will also help with our export markets by exporting to neighbouring Pacific Islands as well as Australia and New Zealand.

“And it will also help provide quality and affordable beds, lounge suites and furniture.”

seimaninoa Manila-Pelenato and Man Ken Saifoloi. (Photo: Deidre Tautua – Fanene) 
Samoa Stationery and Books and partner Sleepwell NZ have stepped in as “Sleepwell International” to try and take over part of the Yazaki compound.

The plan was announced during a presentation conducted for the staff of Yazaki by the President of S.S.A.B., Fiti Leung Wai, yesterday.

The presentation was made a day before Yazaki officially closes today, after 25 years of operation in Samoa.

Representing the Auckland-based Sleepwell NZ was Salā George and David Lutu. Also in attendance was former Attorney General Aumua Ming Leung Wai who is also a Director in the partnership.

According to Mrs. Leung Wai, fifty percent of Sleepwell International is owned by George and David Lutu of Sleepwell NZ and the other fifty percent will be owned by S.S.A.B.

Their main objective is to reduce the number of unemployment in Samoa.

“We want to increase employment opportunities for the people of Samoa as well as offering opportunities for those who have worked here,” she said.

“For your information the factory will start off with employing of 50 people but our aim is to offer more than 200 work opportunities for the people of Samoa in the next 2-3 years.

“It will also help with our export markets by exporting to neighbouring Pacific Islands as well as Australia and New Zealand.

“And it will also help provide quality and affordable beds, lounge suites and furniture.”

They offer a relatively attractive salary package for local standards.

“We will provide salary that is above the minimum wage so the starting rate is $4 and your pay will also be based on good references,” she said.

“There will also be bonuses on special occasions but depending on your sales.”

Part of their offer will be the provision of light breakfast and lunch, a recreation area as well as a sick bay.

“There will be a prayer room because we believe that if we put God in the center of all that we do we will succeed,” she said.

“And the work environment will be guided by Christian principles and Samoan culture.

“We are taking in application letters now until the 16th of September, 2017 and you must deliver them to S.S.A.B. Togafu’afu’a.

“Sleepwell International will also be providing trainings for the successful applicants and we are looking at operating around January or February 2018.”

Sleepwell International is currently in negotiations with the National Provident Fund regarding the lease of part of Yazaki premises.

However the directors believe with the government’s help they will co-invest in the new established factory as it will create more employment for the people of Samoa.

Reliance Jio Recruitment: Latest Jobs For Freshers To MBAs - SEE FULL DETAILS HERE









For the position of Senior Digital Repair Specialist, Jio was looking at education requirement of "10+2/ITI/Diploma/Certification in Device Care" with experience between zero and four years.

Jio recruiting over 1,900 executives for its sales and distribution team.
Jio to strengthen team to support expansion plans, say some analysts.

Positions available at many locations across country, Jio website showed.

Reliance Jio is recruiting more than 1,900 executives for its sales and distribution team. Reliance Jio Infocomm, the telecom arm of billionaire Mukesh Ambani-led conglomerate Reliance Industries, said on its website - jio.com - that the positions "will be responsible for sales research and planning, demand creation, sales costing and budgeting, establishing sales territories, and co-ordination of sales". Jio is apparently looking to strengthen its team to support its expansion plans, some analysts say. As per the Jio website, the positions were available at many locations across the country, spanning states including Delhi, Kolkata, Maharashtra, Odisha, Uttar Pradesh, Madhya Pradesh, Rajasthan, Karnataka and Himachal Pradesh.

For the position of Senior Digital Repair Specialist, for example, the company was looking at education requirement of "10+2/ITI/Diploma/Certification in Device Care" with experience between zero and four years. Skills listed for the position included customer focus, good communication skills, problem solving and spares operations knowledge.

For the Mobility Sales Lead positions, Jio is looking at candidates responsible for "Planning and achieving Brand-wise and town wise growth with stress upon range selling and distribution expansion, among other responsibilities, with experience of 5-7 years. Although the company is seeking graduates for this role, Jio said preference would be given to those holding MBA.


Jio is also recruiting over 120 individuals for its customer service team, the Jio website showed. Positions listed under sales and customer service on the Jio website included assistant managers, digital sales specialists, digital repair specialists, relationship managers and home connect techies.

Candidates for Jio's Customer Service team will be required to take up customer interaction, resolve customer queries and ensure "100 per cent SIM Provisioning to achieve error free handset activation", among other responsibilities. "As a part of the Customer Service team, you will interact with our customers, understand their problems, identify the gaps and take action to deliver a world class digital experience," Jio said.

Reliance Industries chairman Mukesh Ambani last month announced the launch of a 4G-enabled feature phone, called JioPhone. With JioPhone, the company aims to garner the 50 crore customer base using features phones.


Meanwhile, Jio's aggressive data tariffs have led to increased competition in the telecom sector, wherein many incumbent operators are revising their plans and announcing lucrative offers to protect market share.

30 Lakh Jobs InTelecommunications Sector - TELECOMMUNICATIONS JOBS



Telecommunications sector to generate 30 lakh jobs by 2018: Study 


NEW DELHI: Roll-out of 4G technology with an increase in data, entry of new players in the market, introduction of digital wallets and the popularity of smartphones leading to consistent increase in demand for technology are likely to increase job opportunities in the telecom sector by 30 lakh by 2018, a study said here on Thursday. 

Emerging technologies such as 5G, M2M and the evolution of Information and Communications Technology (ICT) are expected to create employment avenues for almost 8,70,000 individuals by 2021, revealed a joint study by Assocham-KPMG. 

It said the existing manpower in the sector may not be adequate both in number as well as in skill to cater to the upcoming demand. 

"There is a need to bridge the gap in skill which on the one hand would require identification of skilled manpower in diverse roles such as infra and cyber security experts, application developers, sales executives, infrastructure technicians, handset technicians etc. as well as on the other hand re-skilling of existing manpower working on existing technologies for them to be updated with upcoming requirements." 

The Telecom Sector Skill Council has been set up to cater to the demands and skill needs of the telecom sector. 

However, the industry recommended more targeted and specialised skill development programmes that would enhance existing manpower capabilities and availability to ensure uninterrupted development of the sector as a whole. 

The telecom sector has grown at 19.6 per cent compound annual growth rate (CAGR) in terms of subscriber base and at 7.07 per cent CAGR from a revenue perspective over the last few years. 

"TSPs (telecom service providers) have continued to invest in their networks and modernise their existing network infrastructure. Operators capital expenditure investments stands at Rs 85,003 crore during Q1 2017 and the below figure depicts the significant capital expenditure investment during the period 2012- 2016," stated the study. 

Will Automation In The IT Sector Create New Job Opportunities? - AUTOMATION




Undoubtedly, increasing automation will lead to job losses but it will open up new avenues as well; constant up-gradation of skills will be the key to stay relevant.

The media reports have lately been abuzz with the futuristic reports where it is claimed that due to automation, half of the jobs will be eaten up soon. Recently, Elon Musk, SpaceX CEO recently commented that artificial intelligence (AI) is ‘vastly more risky than North Korea’ as it will lead to massive job losses.

Vidur Gupta, Director, Spectrum Talent Management, a global HR service provider told BW Businessworld, “Artificial intelligence and increasing automation is going to decimate middle-class jobs, worsening inequality and risking significant political upheaval. By 2021, one in four jobs may be lost to automation. The impact will be particularly high in highly populated developing nations where manpower is cheap. With the cost of manpower growing steadily and high focus on automation, the first will be transactional jobs which are very structured. For example, a teller needs to check the account balance, match the person withdrawing the money and dispense. This is now being done by ATMs.”

So, does this mean more than 50 per cent of the people will be unemployed in the coming years? Well, not really, with some doors closing, fast evolving technology will open some new opportunities as well. Sumit Sood, Managing Director, GlobalLogic told BW Businessworld, “With the changing dynamics of the IT industry, today’s IT professionals need to be proactive in learning new skills. While automation maybe killing jobs, I see it as an opportunity for individuals to react to the situation with skilled learning.”

With the digitalisation of almost everything, people will be required to handle the software for the proper functioning of things. “There is going to be an increasing demand for skills around automation, big data, artificial intelligence, machine learning, user experience, IoT and more. At the entry and mid-level, we expect a strong demand for skills like Web and Product Development, Telecom &Mobile Application Development, Java Development, Microsoft Technologies, Network and Information Security, UI/UX Designer, Web Architecture, Cloud and Distributed Computing, Statistical and Data Analysis and Middleware and Integration Software,” added Sood.

Artificial intelligence will surely make things go automatic but there will still be a need for humans to closely monitor and control the machines. “New jobs are slated to be created in the field of ‘AI’ itself. Self-driving vehicles may need remote operators to cope with emergencies or ride-along concierges who knock on doors and manhandle packages. Corporate chatbot and customer-service AIs will need to be built and trained and have dialogue written for them (AI firms are said to be busy hiring poets); they will have to be constantly updated and maintained, just as websites are today. And no matter how advanced artificial intelligence becomes, some jobs are always likely to be better done by humans, notably those involving empathy or social interaction. Doctors, therapists, hairdressers and personal trainers fall into that category,” explained Gupta.

A handful of modern studies have also noted that there’s often a positive relationship between new technology and increasing employment—in manufacturing firms, across all sectors, and specifically in firms that adopted computers.

“People are going to need to be skilled, or the machines are going to have to be designed in such a way that people can work with them, we have only begun to see the true potential of what technology can do for employees and for productivity while automation has put millions of jobs at risk in the IT services sector, I believe it is a part of the transition and therefore the need of skill up-gradation for all kinds of employees is imperative,” said Sood.

However, it cannot be denied that automation will impact jobs in retail, banks, construction, and manufacturing. Thus, saving job will be possible only when one constantly re-skills himself/ herself. Commenting on the need for constant up-gradation of skill sets, Sood said, “One should have analytic techniques and should be able to place small bets on a variety of options which should remain agile along with being lean. Another thing that people need to start doing is investing in themselves. The Indian IT industry is best at cross training; I think people who are ready to take the shift will make this change.”


The future is not about machines surpassing humans but more about the co-existence of both. Rakesh Barik, Director, Consulting, Deloitte, India told BW Businessworld "In this new era “Enterprises” are becoming lean, focused around innovation and willing to disrupt their business. Machine learning, bots, and robotics solutions are augmenting and automating human tasks and the bond between minds and machine is one of the most powerful elements in human evolution. The future is not a race between the two; the future is actually in humans and machines working together in a connected ecosystem. Machine intelligence will represent the next chapter in the advanced analytics journey.”

RED MI NOTE 4 BLASTED IN VIZAG [AP] TODAY - RED MI DEVICES AGAIN BLASTED - TAKE CARE THOSE WHO ARE USING RED MI DEVICES - DON'T USE THE MOBILE WHILE CHARGING





Highly Branded Phone - Top Luxury Cars Maker Lamborghini Enters Into Mobiles Manufacture






Lamborghini Mobile launches Alpha-One; an Android-powered smartphone with Snapdragon 820 for about $2,450.

Luxury brand Lamborghini Mobile has launched an Android-powered smartphone in the market. This new phone, ‘Alpha-One’ is priced at an astronomical $ 2,450 which when converted stands about Rs 1,57,107 at the time of writing.

The interesting thing about the price is that it does not include the VAT. The company is selling the smartphone on its website at the time of writing and the phone is available for international markets. Alpha-One smartphone will sport an Italian handmade black leather finish to the hand. The company claims that it is made of ‘Liquid Metal’, the same ‘stronger-than-titanium alloy’ for enhanced durability.

Moving towards the specifications, the smartphone packs a Qualcomm Snapdragon 820 along with Adreno 530 GPU, 4 GB RAM and 64 GB internal storage. Lamborghini Alpha One comes with a microSD expandable storage slot so that users can add up to 128 GB of additional storage. The smartphone will sport a 5.5-inch WQHD display panel with Android Nougat out of the box.

The company has added a 20 MP camera module on the back along with an 8 MP camera module on the front. Users will find a fingerprint scanner at the back of the device along with dual-SIM support. The phone also sports Dolby Atmos Digital Surround along with a dedicated DAC and ADC for hi-fi sound. It comes with AKM 4961 Hi-Fi processor along with AKM 4490 HiFi Audio Amplifier. will be unlocked and each package will include an Italian Leather Sleeve Phone Case along with a charging cable.

You Cant Wait To See The Picture Of 200 Note - New Rs. 200 Notes Available From Tomorrow - SEE FULL DETAILS HERE







Why the RBI is giving you the new Rs 200 note.

The new 200 rupees notes are of the size 66 mm x 146 mm.

The base colour of the new note is bright yellow.

After a new policy on theme-based currency, the 200-rupee notes have a motif of the Sanchi Stupa monument, depicting India's cultural heritage, besides the Ashoka Pillar emblem.

The notes have a portrait of Mahatma Gandhi at the centre with Rs. 200 inscribed on the note in colour-changing ink.

There is a security thread with inscriptions 'Bharat' and RBI. The colour of the thread changes from green to blue when the note is tilted.

For the visually-impaired, the Mahatma Gandhi portrait and Ashoka Pillar emblem are raised, besides other special features.

The new notes also have a logo of Swachh Bharat or Prime Minister Narendra Modi's "Clean India" campaign.

The plan for Rs. 200 notes for the first time in history was cleared by the Finance Ministry; the design has reportedly been approved by the Prime Minister's Office.

Earlier, new Rs. 2,000 and Rs. 500 notes were introduced to ease the cash crunch faced by millions across the country.

The Rs. 200 notes will resolve problems people face because of the high-value Rs. 2,000, the government says.

RBI on Thursday announced that it would issue Rs 200 notes on Friday.
State Bank of India group chief economic advisor calls the Rs 200 note, the “missing middle”
Post demonetisation, five new currency notes have been announced, including Thursday’s announcement -- Rs 2,000, Rs 500, Rs 200, Rs 50, and Re 1.

The Reserve Bank of India (RBI) on Thursday announced that it would issue Rs 200 notes on Friday. "Introduction of a new currency denomination and design is done keeping in consideration various factors like ease of transactions for the common man, replacement of soiled banknotes, inflation and the need for combating counterfeiting," the RBI said post the announcement.
(You can read about the salient features of the new note here ).
State Bank of India's (SBI) group chief economic adviser Soumya Kanti Ghosh calls the Rs 200 note, the "missing middle".
Ghosh points out, that post demonetisation, there was no note between Rs 500 and Rs 2,000 denominations, and hence the Rs 200 note would be useful and will ease smaller operational difficulties. "It will facilitate transactions, getting change for Rs 2,000 would be easier. And more importantly, hoarding of smaller notes is difficult so that too would be checked," the economist said.
The Narendra Modi government in a surprise move on November 8, last year, had outlawed high value currency notes of Rs 500 and Rs 1,000 denominations overnight, in a bid to crackdown on black money and hoarding.
According to SBI's estimates, in the pre-demonetisation period, 87 per cent of the currency in circulation constituted of high denomination notes. As an impact of what many call PM Modi's "masterstroke" against black money, high value currency in circulation currently stands at around 70 per cent, according to India's largest public sector lender.
Days after announcing the old notes as illegal tender, new currency notes of Rs 500 and Rs 2,000 denominations were introduced into the system to ease the severe liquidity crunch that hit the country. Post demonetisation, five new currency notes have been announced, including Thursday's announcement -- Rs 2,000, Rs 500, Rs 200, Rs 50, and Re 1. The Re 1 note had been discontinued in 1994.

While Rs 500, Rs 50 and Re 1 are redesigned notes, Rs 2,000 and Rs Rs 200 are both debutantes in the history of Indian currency.
The new Rs 200 note that will be issued from "select RBI offices, and some banks" from Friday, will not be available at ATMs (Automated Teller Machines) right away, as the machines would need recalibration before they can disburse the new currency.
"Since the length of the new 200 currency is different from the existing currency in circulation (100,500,2000), cassette calibration is required to be done. ATM manufacturers need to do a complete testing of the new 200 denomination currency and provide the parameters which need to be configured at the ATM by an engineer. At ATM switch level, we will require to do switch configuration and complete testing of new 200 denomination currency before implementation," Euronet Services India managing director, Himanshu Pujara said. Euronet provides electronic payment services, offering ATMs, point of sale (POS) services, credit/debit card services, and other electronic financial services.


Saudi job scheme favouring locals to hit Indians hard




From September 2017, only a handful of organisations with high grades will be able to apply for new block visas for migrant employees.

In 2016, there were nearly 25 lakh Indians working in Saudi Arabia, according to a reply in Lok Sabha. However, migration numbers are declining.

MUMBAI: Saudi Arabia's revised Nitaqat (or Saudisation) scheme does not bode well for Indian migrants. From September 2017, only a handful of organisations with high grades — based on number of Saudi nationals employed by them and other criteria — will be able to apply for new block visas for migrant employees.
In 2016, there were nearly 25 lakh Indians working in Saudi Arabia, according to a reply in Lok Sabha. However, migration numbers are declining.
There were only 1.65 lakh emigration clearances for Saudi Arabia in 2016, a decline by 46% from 2015. Top origin states in 2016 were Uttar Pradesh, West Bengal and Bihar with Kerala being a distant fourth. The revised Nitaqat scheme, aimed at increasing employment opportunities for Saudi nationals, will cover private companies with six or more employees (as opposed to current criteria of 10 or more).
Only organisations in the 'Platinum' and 'High Green' categories will be eligible for new block visas.

Construction and hospitality, sectors which have a predominantly blue collar Indian workforce, are unlikely to gain from such rules. "Others can obtain visas for expat employees only through a transfer of sponsorship. In other words, these organisations will be limited to hiring expat workers who are already in Saudi Arabia and have a work visa with another employer," said an immigration alert from EY, a global professional services entity. "A majority of Indian workers are blue collar workers," said an immigration expert.
"Organisations employing them — such as construction contractors or restaurants — are unlikely to fall in platinum and high green category.
The added complexity is that workers already employed in companies falling in low categories cannot be transferred from one employer to another. It's currently unclear how employment needs of these sectors will be met in the future."

The Nitaqat system was first introduced in mid-2011 to encourage employment of Saudi nationals. Employers are divided into four categories, Platinum, Green (with three sub categories of high, medium and low), Yellow and Red. Those in Platinum have a higher proportion of Saudi nationals as employees (generally 40% or more)

To determine an organisation's Nitaqat category, parameters used include: size and business activity; percentage of Saudi employees and average salary of such employees; retention rate of Saudi employees and percentage of Saudi national employees with high salaries. Highest weightage in computation is given to number of Saudis (ie: locals) employed by an organisation.

Saudi Gazette, an English newspaper, citing the Saudi labour force survey results, wrote the number of non-Saudi employed persons for the first quarter of 2017 reached 108.5 lakh, nearly 78% of the total employed, which is 139 lakh. This report added that majority of foreign workforce comprised of Indians (30 lakh), Pakistanis (25 lakh) and Egyptians (22 lakh).
In recent years, the Saudi government has also begun to introduce some sector-specific rules. For instance, departmental stores can only hire locals and not migrant workers. This step, according to Saudi newspapers, will release 20,000 jobs for the local population.

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Friday, 18 August 2017

You Cant Wait Too See - The New Rs 50 currency note











Is this the new Rs 50 currency note the RBI plans to introduce soon?

The Reserve Bank of India (RBI) in December last year had said that it would issue new currency notes of Rs 50 and Rs 20 denominations with numerals in ascending size in the number panels and without intaglio printing.


The Reserve Bank of India (RBI) in December last year had said that it would issue new currency notes of Rs 50 and Rs 20 denominations with numerals in ascending size in the number panels and without intaglio printing. Eight months later, pictures of the yet-to-be-unveiled notes of Rs 50 denomination are out on social media. The notes are paled turquoise in colour, quite different from the notes of the same denomination that are currently in circulation. They are in the Mahatma Gandhi Series-2005 and will bear the signature of current RBI Governor Urjit Patel.
In December, the central bank had said, “The Reserve Bank will shortly issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr Urjit R Patel, Governor, Reserve Bank of India, and the year of printing ‘2016’ printed on the reverse of the banknote.” The bank said that the design and security features of the new notes will be similar to the old tender, which will continue in circulation.
A government official told The Hindu Business Line that the new notes will sport the motif of a South Indian temple on the reverse, although indianexpress.com could not independently confirm the same.
After the government, in a sudden move, withdrew old currency notes of Rs 500 and Rs 1000 on the night of November 8 last year, the RBI introduced new notes of Rs 500 (stone-grey in colour) and Rs 2000 (purple in colour) in order to refill the circulation. The demonetisation exercise, that withdrew almost 86 of the currency in circulation, was carried out by the Centre in order to cut down on corruption, root out counterfeit currency and eliminate terrorist funding.
Economic Affairs Secretary Shaktikanta Das earlier this year said the government has no plans to introduce new Rs 1000 currency note and that the focus is on lower denomination notes.

UK 2+2 extension visa.. Now it's officially announced

*Indian students thrilled with UK PM Boris Johnson reinstating post-study work visa. *UK brings back 2-year post-study work visa. UK'...