Three Indian origin executives, PepsiCo's Ms Indra Nooyi, Motorola's Mr Sanjay Kumar Jha and Citigroup's Mr Vikram Pandit, are now among America's top paid chief executive officer, revealed a survey. Ms Nooyi has bagged the 67th slot with a total pay package of $13.97 million and Mr Jha got the 377th place with a total compensation of $3.45 million, as per a ranking compiled by The Wall Street Journal of 456 US companies. Another Indian Mr Pandit got the 450th position in the survey with a pay package of $125,000. The survey, which covered all 456 of the biggest US public companies with annual revenues of more than $4 billion that filed proxies between October1, 2009 and September 30, 2010.          Source :profit.ndtv.com

As campuses in Mumbai gear up for final placements, the mood among the students is quite upbeat. A significant increase in the number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) across institutes signify a very healthy hiring season ahead. At the Jamnalal Bajaj Institute of Management Studies (JBIMS), out of 114 students who have opted for final placements, the institute has already got PPOs and PPIs for 30 students. The offers have come from companies where the students recently completed their summer internships. The offers have come from different sectors and the biggest chunk is from BFSI (banking, financial services and insurance), investment banking and consulting sectors (around 50%) and fast moving consumer goods or FMCG (33%). The other sectors include manufacturing (10%) and information technology (7%). At the Indian Institute of Technology (IIT), Bombay, the number of PPIs and PPOs has gone up compared to preceding years. Source : 05-11-10   DNA ...

 Graduating batches at the Indian Institute of Technology, Bombay (IIT-B) have been taking rigorous seven-minute oral tests that have nothing to do with what they have studied in class. Their English language and comprehension skills are being evaluated. After staffing companies complained about poor language skills among students, the placement office at the institute has hired an agency to evaluate the English proficiency of the 1,300 students who will be up for placements this year. IIT-Madras and IIT-Kharagpur have also adopted similar tests for their students. “We took a poll among the students and most of them said they would have liked to undergo the evaluation at an earlier stage in their course,” said Mr Ravi Sinha, head of the placement office. While about 300 of them have excellent language skills, 500 have poor language skills, rest of the students fall somewhere in between. Source : 01-11-10   Hindustan Times