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Showing posts from October, 2020

Employees getting a new job… at their old job | Economic Times

Kushal Kolthe, a senior revenue manager at holiday home rental company Vista Rooms, was put on leave without pay in late March. “Initially some of us were asked to take a sabbatical but as the Covid situation worsened, we were told to go on LWP. They were very upfront and transparent about it,” says the Mumbai resident. “Of course I wasn’t really happy about it but I understood it’s a difficult decision.” In the intervening months, Kolthe tried to start a brand with his friends which kept him occupied for a while. Then, in August he got a new job… his old one.Rehiring has become a bit of a trend of late, says Munira Loliwala, Business Head, Permanent and Specialised staffing, Team-Lease, a staffing company. “Across industries, 40% of our client base is considering or looking at rehiring laid off workers. This is happening the most in the financial services industry, then in manufacturing, followed by hospitality and healthcare,” she says. For the most part, however, these are not perma...

Maruti Suzuki reports 17.6% growth in sales of passenger vehicles at 163,656 units in October | Economic Times

New Delhi: The country’s largest carmaker Maruti Suzuki Sunday reported a 17.6% growth in sales of passenger vehicles at 163,656 units in October. Sales of mini cars Alto and S-Presso dipped 0.3% to 28,462 units, those of compact cars (WagonR, Celerio, Baleno, Ignis, Swift, DZire, Tour S) grew 26.6% to 95,067 units in the month under review. Demand for midsize sedan Ciaz crashed 40% to 1,422 units. Wholesale volumes of utility vehicles (Vitara Brezza, Ertiga, XL6, S-Cross) were up 9.9% to 25,396 units. Sales of vans too increased 32.9% to 13,309 units. The company sold 3,169 units of light commercial vehicle Super Carry last month, which is an increase of 30.5% over the year-ago period. “The company remains committed to the health, safety and well-being of all members across the value chain. All manufacturing, sales and service operations continue to take place fully consistent with all safety requirements for employees and customers”, Maruti Suzuki said in a statement.

Green certificates trading likely to resume after 4 months from Nov 25 | Economic Times

New Delhi: The trading of renewable energy certificates (RECs) is likely to be resumed after a gap of four months on November 25 as electricity tribunal APTEL has completed all hearings and may issue the final judgement soon on the REC pricing issue. Trading of RECs or green certificates is done on the last Wednesday of every month on the Indian Energy Exchange (IEX) and the Power Exchange India (PXIL). The green certificates trading was suspended in July this year after the Appellate Tribunal for Electricity (APTEL) decided to postpone the trading by four weeks, while hearing three separate petitions related to an issue of fixing floor and forbearance prices of RECs by the Central Electricity Regulatory Commission (CERC). Talking to on the issue, PXIL Managing Director and Chief Executive Officer Prabhajit Kumar Sarkar said, "The APTEL has completed all hearings and kept the order reserved on the issue (of REC pricing). We expect the final order to be released soon, which would p...

Ant Group’s IPO shows hot consumer tech is the new FMCG | Economic Times

Mumbai: This unproven Wall Street legend has endured nine long decades. It purportedly concerns a precocious shoe-shine boy, the father of JFK, and the catastrophic 1929 October crash that heralded the arrival of the Great Depression. The story is rather simple: When a shoe-shine boy gave stock tips to Joseph Patrick ‘Joe’ Kennedy in the summer of 1929, the wise investor equated his unsolicited advice to a grave warning sign. He cashed out – just days before the fatal crash.Nine decades later, in another October rendered more dreary and dull than usual by the protracted lockdowns, the initial share sale of a fintech company is reminding the faint hearted of the 1929 frenzy. Retail bidding for the Ant Group in mainland China and Hong Kong has lined up confirmed offers amounting to $3 trillion at last count – roughly equivalent to 80% of the 2020 nominal GDP of Germany, the world’s fourth-biggest economy.Of course, such staggering demand for the biggest IPO on record has meant unpreceden...

Some employees are getting a new job… at their old job | Economic Times

Kushal Kolthe, a senior revenue manager at holiday home rental company Vista Rooms, was put on leave without pay in late March. “Initially some of us were asked to take a sabbatical but as the Covid situation worsened, we were told to go on LWP. They were very upfront and transparent about it,” says the Mumbai resident. “Of course I wasn’t really happy about it but I understood it’s a difficult decision.” In the intervening months, Kolthe tried to start a brand with his friends which kept him occupied for a while. Then, in August he got a new job… his old one.Rehiring has become a bit of a trend of late, says Munira Loliwala, Business Head, Permanent and Specialised staffing, Team-Lease, a staffing company. “Across industries, 40% of our client base is considering or looking at rehiring laid off workers. This is happening the most in the financial services industry, then in manufacturing, followed by hospitality and healthcare,” she says. For the most part, however, these are not perma...

Director, Client Strategy

TMP Worldwide - USA - As a Director, Client Strategy, you will manage client relationships while developing and leading multi-faceted digital strategies leveraging our integrated software solutions and digital delivery teams -- all for some of the most recognized brands in the world. You’ll identify and drive growth opportunities, fostering innovation that delivers on our clients’ business goals. And you’ll constantly push the limits of talent acquisition to change the way companies and candidates connect. It’s one of the roles at TMP that allows you to engage with all of our offerings – from software, media and metrics to creative and brand. Responsibilities What does a great Director, Client Strategy do? As the primary owner of your client relationships you'll be expected to anticipate client challenges, coordinate solutions for those challenges, and manage and develop the relationships necessary to increase our value and the reputation of TMP. You’ll be continually seeking innov...

Scientist, Immunohistochemistry

AstraZeneca - Gaithersburg, MD - Scientitst, Immunohistochemistry Are you a Lab scientist with clinical and/or research experience in immunohistochemistry and biomarker analysis? Do you have expertise in, and passion for, immunohistochemistry and biomarker analysis? Would you like to apply your expertise to impact patients in a company that follows the science and turns ideas into life changing medicines? Then AstraZeneca might be the one for you! At AstraZeneca, we put patients first and strive to meet their unmet needs worldwide. Working here means being entrepreneurial, thinking big and working together to make the impossible a reality. If you are swift to action, confident to lead, willing to collaborate, and curious about what science can do, then you're our kind of person. As a Scientitst, Immunohistochemistry within the Clinical Pharmacology and Safety Sciences (CPSS) group, you will have the opportunity to be involved in the investigation of both the safety and efficacy of ...

Medical Director

Cpl Life Sciences - Medics - Ohio, IL - CPL Physicians is currently working with a Successful, Progressive, Full-service global clinical research organization (CRO) headquartered in Ohio that provides pharmaceutical, biotechnology and medical device companies with a broad range of clinical research services in support of Phase I-IV drug development. They are seeking a Drug Safety Physician to work as a Medical Director providing clinical safety and medical monitoring to various biotech clients across the US and globally. They work in various therapy areas but primarily oncology, neurology and dermatology. The company aims to provide a comprehensive suite of pre- and post-authorization services designed to ensure safety while focusing on the rapid approval of a compound and pharmacovigilance monitoring thereafter. The Medical Director will have overall responsibility for providing medical, scientific, and strategic leadership for the successful planning, execution, and reporting of that...

Material Handler

DHL - Memphis, TN - eCommerce Fulfillment Specialist Benefits: Pay rates up to $16.75 per hour Weekly cash bonuses Full medical benefits Paid Time Off 401k Role Purpose: The eCommerce Fulfillment Specialist is a cross-functional position trained in multiple areas of the operation, including inbound processing, order fulfillment, order packaging, and customer returns processing. This role’s primary responsibility will be the safe, secure, and accurate fulfillment of online customer orders. The associate will also be cross-trained in a variety of processes within the operation and will be trained to perform a number of activities including the inbound receipt and replenishment of unit and case inventory, picking orders via a hand held RF device or manual pick sheet, and configuring, packing and prepping customer parcels for shipment. Secondary activities and work assignments will include online order return inspection and credit, online order return salvage, inventory control, and parcel...

ESS-DIVE Community Engagement Lead Scientist

Berkeley Lab - California - The ESS-DIVE Project at Lawrence Berkeley National Laboratory ( ) has an exciting interdisciplinary opportunity for a ESS-DIVE Community Engagement Lead Scientist to work with the DOE's environmental science community in dramatically improving the access and usability of their datasets and facilitating data integration through community engagement and adoption of community standards. The DOE's Environmental Systems Science Data Infrastructure for a Virtual Ecosystem ( ) is a data repository for Earth and environmental science data. ESS-DIVE stores diverse datasets from various environmental sciences that include hydrology, geology, ecology, geochemistry, biology, climate and geophysics. The project will involve working with the DOE's Environmental System Science (ESS) community as well as the broader earth science informatics community (e.g. NCEAS, AGU, RDA, ESIP) to enable ESS scientists to curate and publicly share data that are FAIR (Findable,...

Computer Systems Engineer

Berkeley Lab - California - Lawrence Berkeley National Lab's ( ) Joint Genome Institute ( ) Division has an opening for a Computer Systems Engineer to join the team. In this exciting position you will be responsible for the development of the IMG systems including helping with the development and maintenance of the IMG databases and bioinformatics tools and performing data loading. You will work closely with computer scientists, biologists, and other members of the department in updating and utilizing multiple sources of biological data and participate in the analysis of microbial genomes sequenced at the JGI. You will work with internal groups, external collaborators, and members of the JGI's user community to lead development projects and troubleshoot and solve diverse and challenging problems. What You Will Do: Participate in the IMG database design, development and maintenance. Help isolate genome and metagenome data integration and data loading. Work closely with senior gr...

Metatranscriptome Analysis Postdoctoral Scholar

Berkeley Lab - California - Lawrence Berkeley National Lab's (LBNL) Joint Genome Institute ( ) Division has an opening for a Metatranscriptome Analysis Postdoctoral Scholar to join the team. In this exciting role, you will work with metatranscriptomic data generated by the JGI. You will develop best practices and pipelines, optimize data model and analysis tools for metatranscriptome data in Integrated Microbial Genomes and Metagenomes (IMG/M) system. You will use JGI-generated metatranscriptome data to analyze patterns of antisense and intergenic expression looking for novel regulatory mechanisms. You will be responsible for the design of the analysis workflows, development and testing of the software, summarizing the results of the analysis in publications and contributing to the development of standards in collaboration with the scientific community and Genomics Standards Consortium. What You Will Do: Compare the results of the mapping of metatranscriptomes to different referenc...

Whole Foods Shopper - Immediate Hire

Amazon - Cambridge, MA - Shifts: Morning, Day, Evening, Weekend Location: Dedham, MA Job opportunities vary by location. We update postings daily with open positions. Hourly pay rate: Base pay rate is $15 per hour. Earn an extra $5 per hour on our Monday Shifts through 01/17/2021 and 1.5 times base wage on Sundays! Immediate openings available now.  Amazon remains open as an essential business to serve our communities delivering critical supplies directly to the doorsteps of people who need them. Find out what Amazon is doing to provide a safe environment for employees at this time on our . Become part of the dedicated team that gets orders ready for people relying on Amazon’s service. As a Whole Foods Shopper, you’ll work inside a Whole Foods Market, getting customer grocery orders ready for delivery. Here are some of the things you’ll get to do: Use smartphone, manage apps, and scan bar codes Shop the store for customers using their grocery lists Get grocery orders prepared...

Whole Foods Shopper - Pick shifts weekly

Amazon - Lexington, MA - Shifts: Morning, Day, Evening, Weekend Location: Newton, MA Job opportunities vary by location. We update postings daily with open positions. Hourly Pay Rate Base pay rate is $15 per hour. Earn an extra $5 per hour on our Monday Shifts through 01/17/2021 and 1.5 times base wage on Sundays! Immediate openings available now.  Amazon remains open as an essential business to serve our communities delivering critical supplies directly to the doorsteps of people who need them. Find out what Amazon is doing to provide a safe environment for employees at this time on our . Become part of the dedicated team that gets orders ready for people relying on Amazon’s service. As a Whole Foods Shopper, you’ll work inside a Whole Foods Market, getting customer grocery orders ready for delivery. Here are some of the things you’ll get to do: Use smartphone, manage apps, and scan bar codes Shop the store for customers using their grocery lists Get grocery orders prepared ...

Warehouse Laborer (Part-Time) - Earn $15.25/hr

Amazon - Walnut Creek, CA - SHIFTS: Overnight, Sunrise, Day, Evening, Weekend LOCATION: Livermore Job opportunities vary by location. We update postings daily with open positions. PART-TIME WAREHOUSE TEAM MEMBER HOURLY PAY RATE:Earn $15.25/hr or more Immediate openings available now. Start as soon as 7 days. No resume or previous work experience required. Become part of the dedicated team that gets orders ready for people relying on Amazon's service. From flexible part-time roles to full-time set schedules with health care benefits, Amazon has a variety of jobs. Find the right Amazon opportunity for you today. Amazon remains open as an essential business to serve our communities delivering critical supplies directly to the doorsteps of people who need them. Find out what Amazon is doing to provide a safe environment for employees at this time on our COVID-19 FAQ page: Candidates must be 18 years or older with ability to read and speak English for safety. REASONS YOU'LL LOVE WOR...

Amazon Warehouse Assistant - With $1000 Sign-on Bonus

Amazon - Saint Peter, MN - LOCATION: 5825 11th Ave E, Shakopee, MN 55379 - MSP5 Sortation Center HOURLY PAY RATE: $15.75 PLUS A $1000 SIGN-ON BONUS* *$1000 limited-time bonus (Bonus is split into two payments and paid out on 12/18/20 and 1/1/21. Must still be employed at each designated date to receive payment) Amazon remains open as an essential business to serve our communities delivering critical supplies directly to the doorsteps of people who need them. Find out what Amazon is doing to provide a safe environment for employees at this time on our COVID-19 FAQ page [ You're on your way to joining the dedicated team that gets orders ready for customers. Enjoy the flexibility of picking your own schedule while earning a reliable pay rate. Stay active during your work day in this fast-paced warehouse environment. Learn new skills and build your experience by doing a range of different types of work. Candidates must be 18 years or older with the ability to read and speak English for...

Part Time Delivery Job - Earn up to $22/hr

Shipt - Thompson Ridge, NY - Shipt is a membership-based marketplace that helps people get the things they need, like fresh produce and household essentials, from stores they trust. Help people save time and have fun while you're at it - there's never been a better time to join Shipt. As a Shipt Shopper, you will: Use the app to accept orders from Shipt members in your area. Accurately shop and deliver orders to member homes. Bring the magic with every delivery to ensure the best customer experience. Why Shipt? Earn up to $22/hr or more. Save up for a dream trip, pay down debt, or donate to your favorite cause - it's up to you! Help people in your community: Get out and stay active, providing an invaluable service to Shipt members. Set your own hours: Be your own boss and work part-time, full-time, or any time in between. Free Shipt membership: Discover the benefits of same-day delivery for yourself. Be part of the Shipt family: Get to know fellow shoppers through online gr...

Paratransit Bus Driver

Transdev North America - Indianapolis, IN - Overview $1,000 sign-on bonus! You will provide transportation to the disabled community, ensuring they get where they need to go safely. Paratransit Drivers provide passengers with safe, reliable transportation and excellent customer service. How we are keeping our employees and customers safe: Strict adherence to CDC Guidelines Enhanced vehicle cleaningdisinfecting measures with concentrated focus on high frequency touch areas PPE Distribution (Hand Sanitizer, masks, gloves) Social Distancing Enforced Enhanced facility cleaningdisinfecting measures with concentrated focus on high frequency touch areas What we offer: $14.50hour starting wage MedicalDentalVision health benefits - Blue Cross Blue Shield 401(K) retirement plan Paid time off Paid holidays Ability to advance your career Responsibilities What you will be doing: Provide door-to-door transportation for passengers safely and efficiently Ensure passengers are properly secured and prov...

Zee Entertainment Q2 preview: Pressure on ad rates likely to remain a drag on bottom line | Economic Times

MUMBAI: Broadcaster Zee Entertainment Enterprises may post around 50 per cent decline in net profit in the quarter ended September, while net revenues may have dropped up to 28 per cent as advertising rates continue to reel under pressure due to the ongoing Covid-19 pandemic, and subscriptions revenues may be flat on a high base.While industry-wide advertising revenues have been improving gradually, they still remain under pressure as corporate spending has not yet picked up fully amid the current economic slowdown.Analysts also hope for better cash generation, sustained balance sheet improvement and update on funds recovery on sale of overseas investments earlier this year.Kotak Institutional Equities expects Zee Entertainment to report a decline of 53.3 per cent in the net profit from a year ago, while it believes net sales may have shrunk 17.4 per cent.Kotak analysts expect 25 per cent decline in ad revenues (down 65 per cent YoY in 1Q) and modest 2 per cent YoY growth in domestic s...

Gourmet food takes home delivery route | Economic Times

Nachiket Shetye and Bansi Kotecha have a lot on their plate since the pandemic began. Six months ago, they co-founded Kytchens, a “kitchen as a service” tech platform, out of Mumbai. Almost instantly, restaurants from across the country inundated them with requests to create models to take food to clients’ doorsteps, while retaining the packaging, presentation and taste patrons would have experienced if they had come in to eat. Many of these requests that turned into business for Shetye and Kotecha — who get into strategic partnerships with food and beverage brands to help them grow and expand — were from restaurants that seldom or never delivered before. It showed how even the fanciest of restaurants were adapting to the new reality. In a pandemic-struck world, where going to a restaurant has become anxiety-ridden or bothersome, restaurateurs have decided to take gourmet food and great experiences to the customers. Hundreds of high-end restaurants have suddenly popped up on the delive...

Long and wrong? The election wild cards that may stump investors | Economic Times

By Kriti GuptaJust days before the U.S. election investors are largely positioned for a surge in risk sentiment under a Blue Wave scenario. For a handful of assets, there’s a chance that they’re completely wrong.Will a Joe Biden victory trigger an equities rally if the Senate remains Republican? Can Big Tech repeat its 273% ascent under President Donald Trump? Does the Democrats’ plan to shift to renewable energy mean oil’s dead? Bloomberg’s Markets Live team debated these topics and more in a live discussion and came up with alternative views beyond the consensus.Senate RiskConsensus view: A Biden victory helps risk assetsNon-consensus view: A Trump win helps risk assets -- but only with a Democratic SenateThe Senate race is key for fiscal stimulus. The gap between aid proposals from the Trump administration and House Democrats is narrow, so a flipped Senate could unlock more than $2 trillion of assistance. That could send the S&P 500 toward 3,650, a two standard deviation move fr...

Market’s collected wisdom on Presidents is often dead wrong | Economic Times

By Sarah PonczekThere’s been a narrative in trader circles for some time now that they’re fine with, maybe even a little excited about, the prospect of a Joe Biden presidency. Many a rally has been ascribed to growing chatter about the possibility of a blue wave on Election Day.And yet, for some investing veterans, there’s a nagging concern that this view is a little optimistic, that some of the things that have made Biden an attractive candidate for voters craving change could make for a rougher ride in markets.For one thing, they note, there’s his pledge to roll back the huge tax cuts that President Donald Trump handed corporate America back in 2017, a move that, irrespective of the public-policy merits it may have, at least has the potential to create stress for equities. There’s also the fact that Biden repeatedly says he cares little about what happens to the market. Even if that’s sloganeering and not quite true, it’s hard to believe he cares about it as much as Trump, who at tim...

The pros and cons of investing in high dividend-paying stocks | Economic Times

By DK AggrawalInvesting in dividend yield stocks is one of the ways of creating wealth and receiving a steady stream of income. Dividend-paying stocks allow investors to profit in two ways: stock price appreciation and payouts made by the company. Dividends are basically a portion of the income that a company distributes among its shareholders.Some established companies have the practice of disbursing the majority of their annual profits annually among investors in order to establish goodwill in the market.A company's dividend policy is often seen as a testament to its confidence in future earnings growth and sustainability of the business. In another words, a good track record of dividend payments is a strong sign of reliability and an indication that the stock would give good returns in future.Such companies already tend to have strong market presence, which justifies the risk factor to some extent. Holding stakes in the companies that distribute regular dividends can lead to hig...