Press Releases

Behind someone’s success story, there’s always an invisible contributor. But is there really a way to make them visible? “The Modi which is before you and which you can see is because Modi is hoisted by senior leaders of my party on their shoulders”, stated Prime Minister Narendra Modi in his first speech in Indian Parliament. Now all of us do not have such an opportunity to address the nation – but we still can publicly thank our supporters through the TimesJobs Thank you Facebook App. Wouldn’t it be great if we could publicly thank the people who believed in us, supported us and encouraged us? – Those special persons who “Fuel Your Success”? We all have a special someone...

87% employees prefer a customised compensation structure; organisations need to take that into account while designing benefits May 22, 2014: According to TimesJobs.com’s latest Compensation and Benefit survey, rising inflation and increasing cost of living has led employees to re-evaluate their priorities on how they are compensated for their work. Our survey indicates that most employees, across generations, prefer a higher ‘in-hand’ pay out compared to other components of the salary. ‘In-hand’ salary matters more to the junior level employees than the mid or senior level. Kishore Sambasivam, director-total rewards, SAP, attributes this trend to the fact that employees at junior levels are typically single and seek ownership. They do not want money locked up in a PF or superannuation...

The IIMB Magicbricks (MB) Housing Sentiment Index remains positive across 8 of the 10 cities surveyed with Mumbai turning positive for the first time and Bangalore surging ahead May 12, 2014: The Housing Sentiment Index (IIMB MB HSI) assessed by IIM Bangalore and Magicbricks forecasts that homebuyers across 8 of the 10 cities surveyed expect real estate prices to rise over the next six months. The aggregate Housing Sentiment Index (HSI) measured across 10 cities this quarter stood at 108. (An HSI score of 100 suggests the prices would remain static). This quarter, the IIMB MB HSI buyer index includes two more cities, Ahmedabad and Kolkata, apart from Mumbai, Delhi, Hyderabad, Pune, Noida, Gurgaon, Bangalore and Chennai. “The Indian real...

National Property Index (NPI) grew by 1 per cent as per Magicbricks PropIndex (Jan-Mar 2014). The index in its third year showed that home-buyers preferred to be in the wait-and-watch mode due to the general elections. 29 April 2014: “Capital values fell in all cities, except Pune. Over 30 per cent of the tracked localities registered a fall of 1-9 per cent. However, rental values rose by 2-16 per cent across India with over 50 per cent localities across cities registering a rise.” the latest Magicbricks PropIndex reports. City Index values, computed as a ratio of number of listings to prices, rose by 1-3 per cent, indicating that buyers who purchased for regular rental returns were winners. Ahmedabad and Ghaziabad...

With political uncertainty coming to a conclusion, Hiring went up by 3 per cent during the month of March ’14, according to the latest TimesJobs.com RecruiteX, indicating that India Inc is optimistic about the future. With the Parliamentary Elections promising to quell the economic and political instability in India. Corporates showed signs of recovery and confidence as hiring recovered across key sectors, job hubs and functions. The Indian jobs market which was largely inactive during Jan-Feb ’14 is getting back on track as RecruiteX demand index climbed up to 93 points in March from 90 points recorded in February ’14. Petrochemicals & Project/Infrastructure lead The Project/Infrastructure sector emerged as the top employment generator in March ’14 with a 12 per...

40 per cent Indians are cautious about moving to the West for jobs due to the economic slowdown, according to a TimesJobs.com study. The study also indicates that highly skilled professionals are returning home seeking the economic opportunities that they once sought abroad. The study further pointed out that 34 per cent still prefer to move to west for a job, while 26 per cent would like to turn entrepreneurs. Out of the total respondents who mentioned that more Indians are seeking job opportunities in India, 28 per cent believe that maximum job opportunities are in IT/Telecom and Manufacturing sector. Nearly 60 per cent of all the organisations also said that they are experiencing an influx of human capital from...

India’s First and Biggest – Coding Competition among companies to reward the best coding talent in business April 3, 2014: Renowned for creating the largest community of Techies in India – TechGig has taken the next logical step of getting Corporates involved in the community a big way.. Code Gladiators is going to be a corporate battle – the best talent from IT companies will battle it out to a fight to the finish. The contest is all set to showcase the Company with the best Coders by identifying the Best Coder in the Country. This online event takes place through out the months of April and May in an online format – leading up to the LIVE finals, which...

SimplyMarry.com has launched an ad campaign to promote its innovative service in the online matrimonial category that allows all users to communicate with each other for free. SimplyMarry is undertaking a new brand campaign with the objective of communicating that it’s now FREE and users can talk to as many users as they like without thinking of subscriptions as a barrier or something that will limit their access to the vast set of users that they like on SimplyMarry.com Every paid online matrimonial site advertises huge number of registered users. So if someone is looking for a perfect match for themselves, they feel that – there are a lot of options to chose from. This makes them register – till...

In its latest and boldest venture, SimplyMarry.com, a Times of India Group company, is disrupting the online matrimonial space – by allowing brides, grooms and their parents to Talk 100% Free to all potential matches. So unlike other matrimony sites where users have to buy a subscription to talk here it’s absolutely free. “Online matrimonials have now surpassed Print matrimonials as the port of first call for people wanting to get married but the practice of buying subscription (register- free but pay-to –contact), on sites such as Jeevansathi.com, shaadi.co, Bharatmatrimony.com is fundamentally broken in many ways- that most users don’t realize – says Sanjeev Kumar, Business Head Simplymarry.com. “The thought behind this endeavor, is simple- he adds on- Every paid...

Close to 90 per cent of the organisations plan to engage their retiring workforce, revealed a TimesJobs.com study. Nearly 45 per cent of these organisations plan to offer them mentorship roles, 30 per cent are planning to employee them as consultants and 15 per cent are offering part-time/contractual jobs to this segment. Retired but not tired Randy Pausch in his book “The Last Lecture” said “Experience is the most important thing that anyone has to offer”, quotes Samit Jain, director, Pluss Polymers. He adds, “The retiring work force brings to the table a lot of wisdom which simply comes from experience. They can be great trainers and can mentor the younger generation to leap frog into higher roles, much earlier...

Nearly, 60 per cent of the workforce is looking to change jobs in the next 6 months and about 58 per cent of them are seeking growth from the new job. Moving up the corporate ladder and holding a leadership position matters to them more than a hefty paycheck, revealed a recent TimesJobs.com study. According to R P Yadav, Chairman & Managing Director, Genius Consultants Ltd, “As soon as a professional gains around 3-4 years work experience, their priorities change. He/she is to get married or is already married. Owing to this there is social and self generated pressure to be a team leader or manager. Thus, the professional looks for change, more for leadership positions than compensation.” This is...

The Mighty Hudumba & Local Bond are two of the latest TV Commercials to join Vulture Vision in a high-pressure marketing campaign March 18, 2014: The Magicbricks Ad campaign is scaled up to full steam now –burning hundreds spots a day across all major TV channels across India. The Online display campaign has also broken – with very premium impact properties across the best traffic websites in India. Internet Brand Ads have to be offbeat and quirky in order to work. The watchability of the ad is paramount in ensuring the success of a marketing campaign. And this is exactly what Magicbricks latest two successive episodes of the TVC campaign bring – with humor in large doses. Following closely behind...

Head of Content & Research, Ms. E. Jayashree Kurup, is the Only Journalist to have been bestowed the Achievement Award for Best News Coverage of Construction Industry at the Prestigious CIDC Vishwakarma Awards 2014. The award was presented to Ms. Kurup on 7th March 2014 at Stein Auditorium, India Habitat Centre, Lodhi Road, New Delhi – 110003. Ms. Kurup is involved with a number of global research initiatives and specializes in analyzing research data to provide usable solutions to users. She also works with business in using industry dialogues with senior management in her domains of expertise to generate content solutions that keep audience and industry engaged. She has been a business journalist for over two decades with the Times...

March 10, 2014: The brand new Magicbricks TV campaign is live! Just like last year, Magicbricks has chosen to go with an integrated campaign and you will therefore see the campaign across TV, Digital, Radio and several others mediums. Moving ahead from last year’s positioning around “Maximum Options of Listings”, the current campaign carries a tagline “Property Sahi Milegi Yahin” – and you will notice that the campaign aims at establishing a position that “MB helps you decide on the right property”. Since the category and user needs have evolved, a different clutter-breaking creative execution has been launched with the 1st film – “Giddh ki Aankh” (Vulture Vision). The film shows an Indian joint family tired and despondent with their...

TimesJobs.com is a comprehensive career portal that helps Candidates Fuel Their Success with Jobs from Across the Web, Employer Insights and Skill Assessments and Enhancements 5 March 2014: TimesJobs is unifying all its career development offerings in a revamped product for seamless experience and delivery to job-seeking candidates. A candidate will now access all services personalized for them under their TimeJobs.com login – from gaining employer insights, assessing their skills, enhancing their career prospects and applying for any job from across the web thereby fueling their success. “Indue to our latest product revamp and by synergizing our core offerings this campaign introduces our new value proposition –TimesJobs helps candidates make better career choices. With a unified career growth solution and...