CAREER


Sharing an apartment leads to the discovery of hitherto unknown traits in people.   The third person in our apartment, apart from Swapan-da and me, was KR, also a PhD student. He was very affable, jovial and helpful. But, over time, cracks began to appear in his veneer.   At...

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More about the Indian standard time (IST) schedules that we kept… The psychology department at the university wanted people for conducting experiments on sleep. Great job – go in at 8am, sleep for six-seven hours, and leave—US$50 per day (an enormous sum those days when the minimum wage was...

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Naresh quit his assistant vice-president (AVP) position in Citibank to head up retail in a new bank being set up in Dubai.   On his first morning at work, he was greeted by the vice-chairman (VC), who was in charge of the bank project.   “Congratulations and welcome, Naresh. ...

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Moneylife Digital Team 31 May 2023
In a significant decision, while cautioning banks to adopt a humanitarian approach, the Kerala High Court (HC) ruled that an education loan cannot be rejected due to the low credit score of the applicant student.    In an order, the bench of justice PV Kunhikrishnan observed, "While...

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No, I am not claiming to be an expert in American psychology. I am just sharing my own perception of the way Americans think.   After my previous article, a reader commended me on my “jugaad” method of getting A-s with minimum “majoori”. In a way, it implied that I (together with...

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The university grants commission (UGC) has taken a decision to check violations in the appointment of teachers and award of PhD degrees in higher educational institutions (HEIs).   Jagadesh Kumar, Chairman UGC told IANS on Wednesday about the Commission's decision taken at its 568th...

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The news keeps coming in. Two large slabs fell from the tenth floor of a building under construction in Mumbai, and killed two people who were having a chat on the street below. A road caved in and was the cause of vehicular accidents in which some people died. And the list goes on. And one...

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The first master in business administration (MBA) lecture I attended was a revelation.   People were lolling around in their seats, some in shorts and T-shirts, girls in halters, and a lot of coffee cups... so different from Indian Institute of Technology Kharagpur (IIT...

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Moneylife Digital Team 11 May 2023
While upholding orders passed by the fora below, the national consumer disputes redressal commission (NCDRC) directed the former director of a franchise of Aptech Computer Education (Aptech Ltd) to refund the entire fee paid by a student for failing to provide an internship after completing...

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Moneylife Digital Team 08 May 2023
Setting aside an order passed by the state commission, the national consumer disputes redressal commission (NCDRC) clarified that assessment of the academic and overall performance, including 'conduct and character' of a student, in an educational institution made by the faculty as part of...

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I was on a panel to interview candidates for a senior position in a large corporate house. There were two others – Mr Prabhu from finance and Mr Suresh from administration—both directors of the company. We had just begun with the fourth candidate out of the seven candidates who had been...

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The US will begin processing student visa applications for the Fall Session with the first batch of appointments available from mid-May.   "Attention students! In mid-May, the US Mission to India will open the first batch of appointments for the upcoming student visa season," the US...

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In May 2021, Phil Kotler celebrated his 90th birthday. In February 2023, he was awarded the lifetime achievement award at the Rise World Summit, organised in India (this must have been the umpteenth achievement award he would have received, over the past few decades). My path crossed Kotler’s...

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With the increasing number of start-ups—which change their complexion very fast—and with increasing job changes and career changes with mergers and acquisitions, the whole concept of steady, long-term mentorship is also undergoing change.    In the past, we would often hear the...

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Oh yes, I have to tell you the story of Nitin, ‘poor fellow’, who did what the boss said but still paid a price.   But, before that sad tale, let me tell you a light-hearted story about my experience with bribery.   You may recall that, sometime back, I had told you a story...

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Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees' provident fund for 2022-23.   The decision was taken by EPFO's board of trustees.   Last year, EPFO had declared 8.1 per cent as the rate of interest for...

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Many years ago, I had admired Ramu, who had rapidly moved from the position of salesman to marketing director with a large transnational in Mumbai. He had achieved the pinnacle at just 34. It was a time when the chief executive officer (CEO) was always an expatriate and, therefore, the...

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Yes, there are always two choices when the boss asks you to do something illegal, unethical, or plain wrong.   You can plead, “Naukri ka sawaal hai,” and agree, or you can refuse, and pay the price for it.     When you choose, you will never know exactly how high the price...

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Moneylife Digital Team 17 March 2023
  Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs5 lakh on Bansal Impex for engaging in illiquid stock options on BSE. SEBI found 2.91 lakh trades comprising a substantial 81.40% of all the trades executed by Bansal Impex in the stock options...

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Moneylife Digital Team 16 March 2023
It is not common to see Indian companies charting a course of growth through acquisitions. For one, Indian businessmen are unwilling to sell out easily. Also, it is not easy to get acquisition candidates. The assets more easily available are sick companies (which are often not worth taking...

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