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Women ‘outsmarting’ men at getting jobs: Survey

ASSOCHAM survey finds that more women are being shortlisted for interviews; women better at soft skills, more focussed, survey finds.

It’s an increasingly slow economy and jobs are hard to come by across sectors, but if a recent survey by the Associated Chamber of Commerce (ASSOCHAM) is to be believed, women are doing better at men – at least in getting a callback for interviews and making it to the shortlists of companies.

“Women candidates are increasingly outsmarting men when it comes to shortlisting by HR managers for sending calls for interviews or written tests for jobs, and more and more Muslim women are making it to India Inc in areas like advertising, journalism, public relations, travel and tourism and private sector banking,” the study points out.

Based on the feedback received from 110 Human Resource heads of leading companies all over India, the study found that the ratio for receiving interview or test calls is 1:1.20 in favour of women. This is fast resulting in women from business schools, journalism institutions, travel and tourism courses filling more vacancies than their male colleagues, at least in select but key sectors of the service sector, the study found.

The survey results were released last week. ASSOCHAM President Rajkumar Dhoot says, “The study also found that however much the HR managers in some of the companies may try to balance the number of female candidates with male candidates, they end up finding more women on the final roll-call for the job. The main reason for these trends is that women are becoming  more focussed and are navigating their career paths more professionally than they used to. Besides, they are found to be more suitable than boys when it comes to soft skills like spoken English.”

The study found that in certain areas like television news anchoring, including the business channels, the males are finding themselves in a minority. “Besides being photogenic, the women reporters and anchors are found to be adept at taking questions, be it related to stock markets or car launches,” a Pune-based HR manager said. Additionally, in fields such as corporate communications, advertising, human resource management and personnel management, women are increasingly being preferred by several companies.

“The point to be noted is that female candidates are not only competing well with their male counterparts for the lower hierarchy jobs like those of receptionists and house-keepers, but also for management trainees and senior positions. The trend is quite visible in banks like ICICI Bank, HDFC Bank, Yes Bank, Axis Bank and other private sector banks,” the study finds.

However, the issue of security for women employees is being taken seriously, and top level corporate managements are asking their HR and logistics divisions to see that women are, as far as possible, not assigned late evening or night duty. Interestingly, feedback from HR personnel indicates that this may, in the long run, adversely impact the women’s job prospects, as corporates may employ women staff for night duty only as a last choice. “However, industries like the media, particularly television, are coping with the situation rather well,” the survey notes.

(Picture courtesy thehindu.com)

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Fishermen can go fish

Maharashtra CM adjusts diesel rates for fishermen; the latter had been striking work since they were identified as ‘bulk consumers’.
by The Editors | editor@themetrognome.in

If you’re a fish eater, you probably know by now that your local fish market was very low on supply of fresh fish because fishermen had literally hung up their nets, refusing to go out to the seas. The reason behind this striking of work was that the State had recently identified them as bulk consumers of diesel – this meant that they would have to purchase diesel at an increase of Rs 11 over the previous Rs 52.

But this year being the precursor to the General Elections in 2014, naturally, the State Government would not want to appear as anything but populist. After lengthy wrangling with the Union Petroleum Minister Veerappa Moily, Maharashtra State Chief Minister Prithviraj Chavan today managed to get the State’s fishermen reclassified as ‘private consumers’.

With this, the striking fishermen are assured of being able to buy diesel for their fishing dinghies and motorised boats at the rates they have been paying as private consumers. Their strike, called since January 18 this year, has severely impacted their business, but they can now go back to work.

(Picture courtesy Akshathkumar Shetty)

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Mumbai’s real estate market takes a beating

Realty report on six cities in country; Mumbai has witnessed rising property prices, declining sales volumes in the last two years.

Mumbai is fast becoming a real estate nightmare. “The residential market has witnessed a phenomenon of rising property prices and declining sales volumes. High prices coupled with a stagnating job market have adversely impacted sales momentum. Going forward, the price growth in Mumbai will be muted on account of the unsold inventory and increasing share of peripheral markets,” says a just-released report by Knight Frank India recently.

The report, an Economy and Realty Report for December 2012, focusses on the Indian residential market scenario and the performance of the top six cities in the residential space. As per the report, “GDP growth declines from 9.3 per cent to 6.5 per cent, crippling the residential sector, launches declined by 30 per cent in 2012 compared to seven per cent in 2011 as banks’ credit exposure to developer’s falls from 23.21 per cent to mere 3.88 per cent.”

Further, the report notes that, “The residential market in 2012 was plagued by high property prices, relatively higher mortgage rates, weak business sentiments and a bleak employment scenario which is reflected in the residential launches, which declined by 30 per cent in 2012 in comparison to a fall of 7 per cent in 2011. Banks’ credit exposure to developers has fallen from its peak growth rate of 23.21 per cent in Jun-2011 to 3.88 per cent as per the latest reported data on September 2012.”

It turns out that developers are cautious of launching projects as the gap between the launch and the absorption numbers reduced to 32,000 units in 2012 compared to 82,000 and 94,000 units in 2010 and 2011 respectively. Meanwhile, on the other big market, Delhi-NCR, the report states, “Increase in supply in the NCR will primarily emanate from the opening up of new sectors in the Gurgaon market. Gurgaon, Noida and Greater Noida will continue to lead the overall NCR residential market. However, controlled new supply will keep a check on the quantum of unsold inventory. As a result we expect the NCR residential market to stabilise in 2013.”

(Picture courtesy hindubusinessline.com)
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Mumbai drinks the most energy drinks

Bangalore and Delhi rank second and third in the country; survey reveals that more boys than girls consume energy drinks.

This is party season, and while the New Year approaches, the nation is looking for ways to stay up all night and party hard. And one way to do this is by consuming energy drinks.

But a recent Associated Chamber of Commerce (ASSOCHAM) survey reveals some staggering truths about energy drink consumption in the country. Titled ‘Increasing demand of energy drinks among youngsters’, the survey reveals that energy drink consumption has grown by 45 per cent in Mumbai, the highest growth rate anywhere in the country, followed by 42 per cent in Bangalore and 40 per cent in Delhi.

“The use of energy drinks increased with age, especially in boys, with almost 55% of 12th grade consuming energy drinks to boost their game…about 71 per cent of adolescents in urban centers of India consume energy drinks which leads to seizures, diabetic, cardiac abnormalities and behavioural disorders,” the survey reveals.

ASSOCHAM Social Development Foundation (ASDF) team conducted the survey in major states-cities of Delhi-NCR, Mumbai, Haryana, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Chandigarh, Jaipur and Lucknow, and interacted with around 2,500 adolescents (almost equal number of males and females) in the age group of 14-30 years. The respondents admitted that they consumed energy drinks for such promised factors as boost in energy, appearance, performance, improved immunity and overall health.

“Over 85 per cent of school and college students said, these drinks are easily available easily available in the market like retail stores, bars and pubs etc. The target buyers for energy drinks continue to be the young and working Indian population,” reveals the survey.

“Energy drinks are non-alcoholic beverages containing caffeine, guarana, glucuronolactone, taurine, ginseng, inositol, carnitine, B-vitamins, etc as main ingredients that act as stimulants. These drinks contain high levels of caffeine, which stimulates the nervous system,” said Dr BK Rao, Chairman, ASSOCHAM Health Committee.

“These drinks include high levels of sugar and up to 270 calories in each bottle – in addition to potentially harmful levels of caffeine, which has been linked to seizures, heart problems and behavioural disorders,” said Dr Rao.

“Among 82 per cent teenagers, admitted that they opt for energy drinks during exercise for ‘extra energy’, 61 per cent for ‘better hydration’ and 40 per cent as they ‘prefer the taste’. The consumption levels and situations in which people are consuming these energy drinks are worrisome,” added Dr Rao.

(Picture courtesy thinkpress.org. Picture used for representational purpose only)

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The heat is on. Again.

City’s weather seesaws yet again, with the mercury rising to 34 degree Celsius. Minimum temperatures will be 19 degree Celsius.
by The Editors | editor@themetrognome.in

Don’t expect cool and pleasant mornings of last week to continue into this one. In yet another turnaround, temperatures have risen from yesterday and the city is expected to clock in a maximum temperature of 34 degree Celsius, while minimum temperatures will be in the 18 to 19 degree Celsius range.

As per the Indian Meteorological Department (IMD), Mumbai, this forecast is applicable for the next 48 hours. However, accuweather.com, one of the world’s premier and most reliable weather monitoring systems, shows this forecast for the entire week, apart from overcast skies. However, as per graphs for Mumbai on the accuweather.com site, maximum temperatures will dip next week to hover at 32 degree Celsius, while minimum temperatures will remain largely unchanged.

(Picture courtesy earthtimes.org)

 

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Expect cold nights this weekend

Weather bureau pegs expected minimum temperatures at 17 degree Celsius for Mumbai. No major departures in temperature, humidity are expected.

After hot days and nights last week, precipitated by warm Easterly winds, Mumbai is back to having some seriously cold nights and cool evenings. As per the Indian Meteorological Department (IMD), the city and its suburbs will have minimum temperatures of 17 Degree Celsius for at least the next two nights.

The IMD anticipates that “the temperatures will not fall further.” The current cold weather is seemingly a result of western disturbances, which are low pressure weather systems originating from Central Asia. Temperatures yesterday were as follows: Colaba, maximum: 30.6 degree Celsius, minimum: 21 degree Celsius; Santacruz: 32 degree Celsius, minimum: 17.8 degree Celsius.

Clear skies are expected over the weekend as well.

(Picture courtesy sacbee.com)

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