Press Releases

As with all rapidly developing economic centres, a fair chunk of property buying happens through “New Projects” i.e. homes that are first-sale and bought directly from the developers (or channel partners). May 2012: In a survey conducted by MagicBricks, about 68% of prospective property buyers polled had intended on purchasing property in the suburbs. With amenities, security & social infrastructure emerging high on user priority lists. About 45% respondents voted social infrastructure as the most important factor while choosing a property. This includes schools, hospitals, and institutes of higher education, shopping and entertainment facilities. Security includes guards, CCTVs & gated communities. Amenities include water and power supply, power back-ups, good quality roads, sanitation & waste management, plus lifestyle amenities such...

47% organisations state keeping dissatisfied employees motivated is the biggest challenge post appraisals – TJinsite Gaining post appraisal feedback is critical to the success of the appraisal process. The feedback process provides employees a platform to voice opinion about appraisal process. An effective appraisal strategy is a cyclic process of – planning, ongoing feedback and reviewing. Hence, a post appraisal feedback process needs to be meticulous and result oriented in order to enhance performance and refine future appraisal policies for the organisation. Employee performance management processes are being improved on every day. While performance management as an HR subject, has been widely discussed and written about, the post appraisal part of it remains largely unexplored – very few attempts have...

India’s No 1 Property Portal launches Version 2.0 of its Android and iPhone apps Taking IT Convergence to the next level, MagicBricks.com the leader of the online property space has launched the next build of its hugely successful Android and iPhone Apps. Sudhir Pai, Business Head, MagicBricks explained “Our iPhone as well as Android Apps have proved to be immensely popular & the usage of these apps are significantly higher than an average WAP user. Encouraged by the usage, we have launched enhanced features. We believe that providing a host of platforms across the Web & Mobile will best serve our user needs. So the continued development MagicBricks’ Mobile Apps are a natural progression in consolidating our market dominance in...

TimesJobs.com – India’s Premier Job Portal Unveils a Modern Look with a host of new features 28 March 2012   March 2012: TimesJobs completely revamps its mobile site and reintroduces jobseekers to mobile job search again. Along with a modern look, there are a host of new features that add value to jobseekers’ mobile job searching experience. The new mobile site has been redesigned after incorporating user feedback, and undertaking in-depth studies of how users want to navigate TimesJobs.com on their mobile phones. Speaking at the launch of this innovation, Mr. Amit Jain, VP, TimesJobs.com remarked, “As mobile phones have become a ubiquitous and integral part of our lives, TimesJobs.com has completely revamped its mobile website leveraging the portable functionality...

The Director and Head of Recruitment, Convergys India Services speaks to TimesJobs.com March 2012: Every fresher entering the workforce needs to clearly define what his expectations from a job are. Ashish Garg, Director and Head of Recruitment, Convergys India Services told TimesJobs.com user base during a “High-Tea” session, a dedicated chat platform on TimesJobs.com for candidates to ask career related queries from experts, “It is important for everyone to pick a job where they fit. Graduates need to align jobs to their skills, interests, and aspirations. As a fresh graduate or “fresher”, it is essential to know your career interests and aspirations before you embark on a job hunt. You need to develop and harness your skills (soft skills and...

Indian real estate consumers have given a thumb down to Budget 2012. In a post-budget snap survey on MagicBricks.com, 75% of the over 500 respondents believe that the Budget has not given enough to the real estate sector. An equal number of respondents were not happy with the government policies on infrastructure. Rising interest rates have already reduced the power of purchase for most consumers over the last year. The obvious relief that the middle income consumer looked for from Finance Minister Pranab Mukherjee was whether he would do something to bring affordability back. About 61% of respondents to the magicbricks.com survey believe that affordable housing is a major requirement to boost the sector. About 39% want an increase in...

Stuck in a dilemma about your property? Wish you had some local help & guidance? Dazed and confused about the intricacies involved in a property deal? March 2012: Let us face it we all need help to find the best deal for us. Finding a suitable buyer, seller or renter for our property is not a decision we can afford to take lightly. Real Estate Agents or Brokers are the professionals who come to our aid. With the great price variations in localities and the unpredictable nature of local market conditions, now, more than ever, agents are a critical and indispensable part of the Real Estate Business. Enter Agent Directory from MagicBricks.com “The fog of indecision and uncertainty is what...

“43% employers claim they have a employer branding strategy, but it could be developed further” Just like any other brand, an Employer Brand has value and positioning. Employer branding is critical to build an image in the minds of potential employees and market the company as a ‘great place to work’. The objective of Employer Branding is quite simple. It is a strategy employed by an organisation to create an Employer Value Proposition (EVP) that conveys to desired current and prospective employees why the organisation is unique, appealing and a fantastic place to work in. Employer Branding gains tremendous importance in times when the talent pool is shrinking and is becoming increasingly difficult to attract and retain talent. It then...

India Inc is watchful in their recruitment needs and is going through this uncertain phase with poise, the inaugural edition of the TimesJobs RecruiteX Quarterly Report released today gives in-depth insights and expert opinions on the trends. Indian employers are treading on a cautious yet optimistic trail and maintaining staff levels across major industries. Employers have definitely become selective and are conscious about the need for ‘right’ hiring at this juncture. The good news is that this period of uncertainty is better than 2008, since there are no large layoffs or hefty cost cuts and people are not losing jobs. The inaugural issue of the TimesJobs RecruiteX Quarterly Report throws light on this trend providing expert opinions and data-backed insights...

In most organisations, CXO hiring does not seem to be a planned activity. It is more of a replacement led activity rather than a sustained talent management strategy. The position involves huge investments and employers need to see that the candidate fits the position as well as into the organisation’s culture. For many, recruiting senior managers is a troublesome task. However, clear objective, focus and planning well, in advance, helps make the process relatively smooth. TJinsite in its latest survey on Senior Management Recruitment explores the strategies and challenges of filling CXO positions. Hiring Senior Leadership: Strategies & Challenges Filling senior management positions is crucial for the success of an organisation. The investment is huge and employers need to see...

TechGig.com launches Season 4 of its popular coding contest The Great Indian Programming League. This time the theme is cricket oriented, so all cricket crazy programmers out there will take a crack at this contest to win an iPad, an iPod and cool TechGig merchandise. After India’s recent debacle in Australia in the Test Series, Indians have started questioning the team’s strategy and leadership. TechGig.com, a social networking site exclusively for the IT community, has come up with a unique way to solve the leadership problem – using the power of programming. Now in its fourth season TechGig.com’s The Great Indian Programming League (GIPL) states one of the coding challenges as follows “After the complete whitewash of two test series...

Hiring activity stabilised across major industries with IT/Telecom and Manufacturing & Engineering industry moving out of the negative. Slight increase in hiring in IT/Telecom coupled with encouraging numbers in the BPO/ITeS and BFSI industry helped the demand index to sustain its level. The Demand index stayed at 105 in January 2012, moving slightly from 105 in December 2011 and 104 in November 2011.Demand was robust for senior professionals with over 20 years experience and 10 to 20 years experience. Demand index maintained its momentum in major metros such as Delhi NCR and Mumbai. The growth story was offset by dismal performance by Retail and Consumer Durable/FMCG industry. Most affected by this sluggish hiring were freshers with less than 2 years...

What Better way to start the New Year than with an exciting new design – TimesJobs revamps its website with a neat new homepage that saves time and effort and intuitive navigation offering informed selections and ease of access This New Year, TimesJobs.com empowers users with a new homepage that intuitively provides them a host of navigation options right from the homepage itself. Commenting on this new release, Amit Jain, VP, TimesJobs.com said, “A host of features give job-seekers a clutter free home page experience with intuitive navigation and faster downloads. We hope these improvements encourage job-seekers to fine tune their resumes, enhance their job-search and apply to corporates that are in high demand.” Many modifications & tweaks throughout the...

‘Mediocrity knows nothing higher than itself, but talent instantly recognizes genius.’ – Arthur Conan Doyle December 2012: Sports have known it for long, the talent spotter goes to minor league matches to find the next star athlete. We have seen Simon Cowell and ‘The X Factor’ relish humiliating those who fell outside their theatric definition of ‘talent’, but Talent Spotting ought to be searching for stars in a myriad of disciplines. This trend has moved into the next generation of politicians, cultural pioneers, business executives and media voices who are starting their first jobs, desperate to escape obscurity, determined to make a name for themselves – All you have to do is have the genius to find them. Speaking about...

SimplyMarry.com goes the extra mile by providing matrimonials with a new facet –view the personality through media connections & social engagement   The new SimplyMarry.com provides the benefit of sharing facets of your individual personality, in addition to the basic search criteria of age, location, caste, etc. Providing a more comprehensive and in-depth view of traits & character. One-to-one chatting, social media connecting, sharing music, photos, and videos, is now all possible on India’s only metro-monial site. November 9, 2011: Don’t just make a connection… Log on to SimplyMarry.com and get engaged! It’s the wedding season and matrimony is on everyone’s mind! To satisfy the growing demand for engaging and meaningful solutions, SimplyMarry.com has relaunched itself with a slew of...