The bubble in the Chinese real estate market

That housing booms can soon develop into bubbles and become a source of great risk to the economy has been amply proved by the financial crisis. Everybody knows that the crisis started with a housing boom in the US. The Chinese government certainly believes that a similar bubble has developed in its country, which is why it has cracked down hard on its real estate sector. But how big is this bubble? How far have real estate prices gone up in China? These are the questions addressed by Jing Wu, Yongheng Deng and Joseph Gyourko.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR).

Wall St climbs on FedEx view, home sales data

An upbeat outlook from FedEx, coupled with encouraging home sales, lifted US stocks on Monday, keeping the S&P 500 above 1,100 for a second day and suggesting the rally could last. FedEx Corp raised its outlook, boosting its stock by 5.6%. The news from the package delivery and business services company validates the optimism of those who believe the economic recovery is less fragile than recently thought. FedEx was very real, on top of UPS (last week), so if the economy is slowing, people are still shipping a lot of stuff around for a slowing economy, said Stephen Massocca, managing director of Wedbush Morgan in San Francisco. The S&P 500 closed above the 1,100 level for the second straight session, which some investors feel is of key importance because it represented the top of a trading range the benchmark index had failed to break several times in the past month. In another milestone, the S&P 500 also rose above its 200-day moving average of 1,113.71.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR).

Investors find some reassurance in Europe’s bank tests

Investors took some reassurance that European banks had passed “stress tests” on their ability to deal with a debt crisis, prompting European stock futures prices to rise on Monday. Shares rose in Asia as the worst fears about the tests were assuaged and European markets were set to follow suit with spread betters calling for British, German and French stock markets to open as much as 0.8% to 1% higher. The euro held on to its gains from Friday. But scepticism remained about the credibility of the tests because they showed a combined capital shortfall of the 91 banks put under the microscope that was much smaller than expected. On the surface, if anything, you have to take these tests with a pinch of salt, said Jonathan Cavenagh, currency strategist at Westpac, Sydney. Sovereign debt problems remain, funding constraints for their banks are still there and these have the potential to weigh on the euro. The MSCI Asia Pacific Index was up 0.5% at 11:20am. It was still down around 7% from its year-to-date high in mid-April, in part over concerns that debt defaults in the euro zone could derail the global recovery.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR).

Asian stocks up as markets shrug off China data

Asian stocks rose on Monday on strong corporate earnings and shrugged off news that Chinese manufacturing shrank in July amid investor hopes that the world’s fastest growing major economy will expand strongly. The high-yielding Australian dollar rose, helped by a rise in stocks. The US dollar hit a three-month low against a basket of currencies, hurt by persistent worries that the US economy’s recovery is losing steam. HSBC’s China Purchasing Managers’ Index fell below the boom-bust line of 50 in July for the first time since the depths of the global downturn in March 2009. The index dropped to 49.4 from 50.4 in June. A figure above 50 denotes expansion. HSBC played down the drop, which coincides with signs of weakness in the United States. Although the index pointed to a month-on-month contraction in manufacturing, it was still consistent with annual growth in Chinese industrial production of 11-13 percent, HSBC said.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

Oil nears 12-week highs; investors upbeat on commodities

Oil rose towards 12-week highs above $79 on Monday, driven by investor appetite for commodities and energy risk, with macroeconomic indicators in top consumers the United States and China showing slower but sustained growth. US September crude rose as much as 40 cents to $79.35 a barrel and was up 19 cents at $79.14 by 0415 GMT, having reached a 12-week high of $79.69 last week and climbed 4.35 per cent last month. ICE Brent gained 13 cents to $78.31.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

Five of top 10 cos add over Rs28k cr in m-cap; MMTC leads

Five of top 10 companies added Rs28,667.55 crore to their combined market value, with public sector trading major MMTC gaining the most last week, when the benchmark Sensex fell below physchological 18,000-level after scaling it for the first time in 30 months the previous week. Trading major MMTC stole the show and jumped to the third place from earlier week’s seventh position by adding Rs24,100.25 crore to take its market capitalisation taking its total value to Rs1,74,165 crore for the week ended 30 July. During the week, it reported a nearly 34% rise in profit to Rs55.23 crore for the quarter ended 30 June.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

FIIs inflow crosses $10 bn mark; June investment at $3.5 bn

Furtherer reposing their faith in the India growth story, overseas fund houses pumped a whopping Rs16,600 crore ($3.5 billion) into the domestic stock market in June, taking their total investment so far this year to over Rs47,690 crore ($10.4 billion). An analysis of the data available with capital markets watchdog Sebi shows that foreign institutional investors (FIIs) were gross buyers of domestic equities worth Rs60,687 crore, while they sold shares worth Rs44,070 crore, resulting in a net inflow of Rs16,617 crore in June. Significantly, a persistent inflow of overseas money also helped the BSE benchmark Sensex to regain the psychological 18,000-level last month, after struggling to scale the same for 30 long months. Though the Sensex could not sustain the 18,000 le

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

Asia shares retreat from highs, dollar dips

Asian stocks edged down from a three-month high and the dollar eased towards three-month lows on Thursday, hit by soft US data that underlined the patchy nature of the US economic recovery. Mixed data on June durable goods orders and a downbeat Federal Reserve take on the economy became the latest in a string of lacklustre indicators to suggest the momentum of the US economic recovery is slowing, broadly dampening investor sentiment. Traders said a move back into riskier assets had cooled a bit after the Fed’s Beige Book of anecdotal reports pointed to a less-than-booming recovery, with sluggish housing markets and sales of costly items such as new cars weakening. Profit-taking is coming to the fore because coupled with worries about the uncertain outlook for the US and European economies, US stocks seem to be peaking, said Yutaka Miura, a senior technical analyst at Mizuho Securities in Tokyo.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

Microsoft's diverse workforce

Chapman insists that Microsoft places such a priority on diversity largely because it is the right thing to do. “We wouldn’t be good corporate citizens if we didn’t focus on diversity and inclusion,” she says. For Chapman and her team, seizes every opportunity to engage with potential minority candidates, even before they enter the job market. “We have a program called DigiGirlz and that's where we bring young girls in and they get an opportunity to meet women who are doing great things in technology,” Chapman explains. “We give them an opportunity to really understand what it's like to consider that as a field, to have a day in the life, and get them excited about wanting to pursue that course of study.” There’s also a ‘micro inequalities’ course about subtle things that people might do that can make people feel excluded, which has recently been launched. Both of these educational pieces are part of a number of initiatives centered on preparing the entire corporate to embrace the different kinds of people who will continue to enter the workforce as the organization moves through the 21st century.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

Magic in the workplace –Pixar and Disney

It’s the type of place where you’ll see employees going down the hallway on a scooter, meetings are interrupted by koosh balls thrown from one executive to another, employees are playing foosball or swimming in an Olympic size swimming pool – or you may even not see them at all, as they have been asked to leave the building to go away and come back with some creative ideas. It’s not like a “workplace”, but it’s what Bill Capodagli describes as a corporate playground. One of the most effective things that HR can do (and what Walt Disney and Pixar each do) is to create a comprehensive, high quality orientation process. This does not have to deal with policies, rules, forms and insurance benefits; instead it should deal with the visions and the values of the organisation. Capodagli says that in orientation employees should learn about the “unofficial rules” of the job.

One example of the unofficial rules Disney employees hear is that it’s everybody’s job to clean up the park. Capodagli gives the example of an hourly employee who was walking behind the recently hired vice president of Disney and noticed he stepped over some litter on the ground without picking it up. The employee picked it up and brought it to his office saying: “You apparently for got that it’s everybody’s job to keep our park clean.” Both employees are still working for the company.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR

More than just work

Now with organizations lending a helping hand to their employees, it has no longer become difficult for employees to strike a chord between their professional lives and personal interests. “At Sobha Developers Limited, the employees have formed a creative club and actively celebrate awareness campaigns like Earth Day, Bus Day, Earth Hour, Environment Day, etc., to sensitize other Sobhaites. The club has formed a group called ‘Rhythm – soul of life’ to give employees a platform to showcase their talent in music, theatre and dance and organizes various programmes with active support from the organization,” informs J C Sharma, MD, Sobha Developers.“We have an associate, Shant Swarup, senior software engineer who is very passionate about chess and also an active participant in chess tournaments. The firm has been very supportive of him and allows him to take time-off from work for participating in corporate tournaments,” explains Rajalakshmi S, director – HR, Pegasystems Worldwide India Private Ltd. “It is helping him hone his skills and get the right kind of exposure and the company is also benefiting by taking his advice in aligning itself with chess-related promotional activities of the company,” adds Rajalakshmi.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR)

Employee Engagement at InfoCision

Engagement must come from the top down and be genuine. One example is the monthly employee recognition ceremonies held at each of our 12 locations. Knowing that life’s demands outside of work can often be more challenging than work duties, we understand that we can’t ask our call center representatives to devote their full attention to work if they don’t have the time or tools to attend to personal and family responsibilities. Over the last five years, InfoCision has revolutionized its benefits by investing well over one million dollars in on-site call center physicians and clinics, fitness centers, child care centers, health fairs with free health screenings and numerous company-sponsored work/life balance programs that are available to all employees and their families.

And, because we place such a high value on employee benefits and amenities, these programs are represented at the senior management table through our vice president of Employee Benefits. Recent internal statistics are showing a promising increase in productivity and attendance for those call center representatives who are taking advantage of the various employee amenities.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR).

All Aboard: Embarking Employees on the Flight of Their Life

Southwest Airlines has made a name for itself in an industry that has had more than its share of setbacks. The company’s success is attributed to its employee-centric culture, or what the Director of Onboarding, Cheryl Hughey, calls “the Southwest Way.” Hughey and her team have sparked industry-wide curiosity about why customers and employees are “nuts about Southwest.” We involve them in a variety of things in their work environment and we get new employees to participate in things the company is offering. We want to make sure they understand the medical and travel benefits and take advantage of them.
Employees understand the freedom they have to make a positive experience and what that means. During the first sixth months we get them involved in going to spirit parties and our “love at first bite” luncheon. We involve them in a variety of things in their work environment and we get new employees to participate in things the company is offering. We want to make sure they understand the medical and travel benefits and take advantage of them.

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR).

Reckitt Benckiser's Facebook recruitment application aims to educate high-flyers on working for a FMCG group

The Face book game was developed by Nudge Social Media in partnership with recruitment marketing agency Euro RSCG Riley and RB.

The game enables users to test their business skills within an FMCG corporate environment and work their way up the corporate ladder. Tasks can be taken through emails and phone calls, while budding brand managers can also use their team (made up of their friends) to perform additional jobs. As the game progresses, players can upgrade their office to ensure they have a working environment to match their career status. The app aims to educate high-flying graduates on what it takes to be a success at RB and how stimulating and challenging it can be. The app will be a long-term element of RB's recruitment strategy and new versions will be implemented as the game develops in the market.
"Facebook is a natural platform for this, and Nudge and Euro RSCG Riley have developed an engaging and challenging application that will give users an insight into the decision-making and responsibilities that come with a career in RB."

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The above article was extracted from Skyline Talent  updates of Skyline College. Skyline College is amongst the top MBA delhi and BBAinstitutes in Delhi, Gurgaon (NCR).