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Global slowdown impact on indian companies
Loss to indian companies in the global slowdown the global slowdown hits indian economy very hard. the impact is very high on indian companies. most of the indian companies have been suffering loss due to the global and domestic slowdown. companies have been trying the costcut measures in order to keep their financial position fit in this global slowdown. some companies have been cutting the production due to the slump in demand for the products.
How do big corporates take this situation...
Dear seniors please spare ten mins to read this and enlighten me in this case.. this is a pricking question/concern for all those who are from business background. i mean people who worked for family business previously or started their career with family business for few years and then want to move into corporate world. there s a case here: what if the candidate he completed his mba and his internship/project with a famous leading indian newspaper and supported/worked for his family business for 4.5 years in his family business which is a small publication firm that publishes books which are religious and also some travel guides both in telugu and english. he provided editorial assistance. the firm is owned by his father s brother. it is a licensed firm but not a registered company. later worked for two corporates one is top market research company and the other is a leading british media house. he has a corporate experience of 4.5 years. so his total experience is up to 10 years. all through his career he has been in the same industry... he is aspiring to move into big corporates. big companies usually verify each and every detail of a candidate s experience. how will they handle background verification of the candidate s family business profile? of course he has an experience certificate provided by the proprietor his uncle. will this suffice? please pardon me if the query is lengthy...but i need your advice...it s urgent...one of the big it firms is taking his interview now.... thank you in advance rishi...
Strategies for global competativeness
I am working on a research projecti just want to know the current competition faced by the indian hr swhat type of strategies they are implementing to face the global competitiveness?
Company asks to submit resignation from one company to transfer all employees to new company by same directors
Sending greetings to all seniors. sir i am working in a construction firm since last 12 years as an liasoning executives. i am getting a salary direct in my salary account in bank. in last year they started one more construction firm to cater slum rehabilitation projects. sir yesterday our hr called us in her cabin and told by mistake company deposited cheques in our account from new firm from april 2018 so now all of you submit to company then will re appoint to all of you in new firm? sir now we all are totally blank; please advise what we have to do? note: both company is a family run company & run by north indian marwari family and the all four directors are same registered office is a same and run under one roof. and they never paid any gratuity to previous staff who worked more than 5 years. waiting for your valuable advice.
Managing mis for a global firm - merger issues
Dear friends recently we had acquired a global company owning manufacturing plants in 5 countries. due to this acquisition i am facing challenge to make administrative and mis controls on the remote location. i have no prior experience to manage global locations hence need your valuable guidance and pls share strategies for mis and management control if you can please.. thanks & regards rakesh dubey
Appointment letter...
Dear sir i need to discuss a case with you regarding appointment letter.. there is a person who joins a foreign company.. however it does not have existence in india.. so he is in the payroll of an indian company which is owned by his boss indian.. he is given an appointment/confirmation letter with the name of the indian company.. now the foreign company is coming into establishment in the month of july.. my question is can he be given an appointment letter in the following format..' mr is appointed as in oreign company s name which was formerly known as ndian company s name'... what does the law say??