Month: January 2008

Flawless Diamond India received export order for its exclusive designer jewellery from Fine Jewellery, Hong Kong. The company has received this order due to exclusivity of its design and purity. The order has to be full filled within the next three months.

Further the company is now concentrating more into retailing of branded designer Jewellery and also looking at export potential in Europe and Middle East countries. The company has already opened showrooms and retails outlets and further the retail expansion programme is progressing according to the retail plan which the company had decided.

With the launch of different series of Aum Diamond Jewellery, like AUM Classic, AUM Signature and other brands. The company is receiving good response from the local and export market.

Yellojobs.com conducted an online survey covering thousands of jobseekers in India to understand the real reasons behind why people quit. Yellojobs.com is a joint venture between Singapore-based online advertising company Yello Pvt. Ltd, and London-headquartered recruitment company Contact Recruitment Ltd, which has a strong presence in India.

Most Indians Quit and Move in their jobs due to Bad Bosses and Office Politics.

• 42% employees stated that they changed jobs due to non co-operating and bad superiors
• 34% per cent said that they had left their previous job as the organization could not provide any further growth and remuneration;
  
• Uninteresting job profile, office politics and work environment were the other reasons cited for changing jobs

It is time that managements spend sometime training managers rather than fresh hires.

Ahluwalia Contracts India has bagged 3 prestigious contracts worth Rs 387 crore.

A project of Rs 229.7 crore from CPWD for Upgradation and Renovation of S P M swimming pool complex (talkatora stadium), New Delhi. The stadium would be venue for commonwealth games to be held in 2010. Recently company had also bagged the Rs 688 crore commonwealth games 2010 village residential project.

A project of Rs 111.6 crore order from Chalet Hotels for civil & structural work for hotel Renaissance at Powai, Mumbai.

A project of Rs 45.89 crore order from Phoenix Mills to build hotel in Mumbai. With inclusion of above orders, the total order book of the company currently stands at around Rs 3150 crore.

We have just received reports that Bharat Heavy Electricals Limited and the Nuclear Power Corporation of India Limited is likely to form a 50:50 JV for manufacturing nuclear reactors. As per report, the board of directors of BHEL and NPCIL has given consent for the proposed JV.

The new JV will produce reactors of 700 MW and 1,000 MW for nuclear power projects and the initial investment is estimated to be around INR 500 crore