Research led by Michael Rupp, a doctoral student in human factors and cognitive psychology at the University of Central Florida, and published in the journal Human Factors and Ergonomics Society, found that study participants who took a break from mentally taxing work and played a video game for five minutes reported that their mood improved. Those who either sat quietly without using a phone or computer or participated in a guided relaxation activity did not report such improvement. “We often try to power through the day to get more work finished, which might not be as effective as taking some time to detach for a few minutes," Rupp said in a release. "People should plan short breaks to make time for an engaging and enjoyable activity, such as video games, that can help them recharge.” In the study, the researchers gave 66 participants, 20 men and 46 women, an assessment to gauge their baseline mood. The participants then completed a computer-based task that induced cognitive fatigue and took another assessment. After that, they were given five minutes to rest. Participants were split into three groups: One group played the casual video game Sushi Cat, another participated in a guided relaxation activity and the third sat quietly in the testing room without using a phone or computer. The researchers then assessed the participants a final time. Participants who played the game showed a greater boost to their mood. Those who just sat quietly displayed a worse mood. A 2014 study published in the International Journal of Human Computer Studies found a positive correlation between time spent playing video games with recovering from work and a reduction in work-related stress. First-person shooters and action games were shown to be most effective. These results were in line with a 2009 study published in the Journal of Cybertherapy & Rehabilitation.
The government may prefer that an airline acquires Air India even if it means selling the domestic and international operations separately, senior officials said. "We also want continuity for the existing staff which could only happen if it is being taken over by another airline," said one of them. While IndiGo has said it may be interested in Air India's international business, there have been reports that some private equity investors had been eyeing a possible stake-sale process. The Tata Group, which has stakes in Vistara and AirAsia India, has also been mentioned as a possible suitor. Analysts said the government shouldn't seek to keep out potential bidders, given the state of the carrier. "The government should not limit its options to just airlines as anyone who understands the aviation business will be able to run it," said Mark Martin, founder and CEO of Martin Consulting. The key burden for any investor in Air India would be its Rs 50,000 crore debt. About Rs 33,000 crore of this is on account of working capital loans. Its annual interest outgo of Rs 4,500 crore is about 21% of turnover. Among the options being explored on restructuring Air India's debt, the government is considering an option where interested parties may make part payment upfront to the government. An acquirer would then take over the remaining debt, which would be restructured by lenders based on a viability plan. "Such a move will ensure that the debt portion may be reduced but also give the selected bidder time to turn around the firm," said the official cited above. The government approved the recommendations of Niti Aayog on strategic disinvestment of Air India and five of its subsidiaries based on inputs of core group of secretaries on disinvestment. A panel led by the finance minister is looking at ways of divesting the government's stake in the carrier. The panel is to submit its report in six months.
When college graduates begin their career, most begin with a blank resume, limited relationships and an uphill battle to success. Sure, maybe some of them attended top-tier universities, took business classes or landed stellar internships during their college years. But, in many ways, graduation is like hitting reset as they enter the real world. “A college degree simply isn’t enough to guarantee a great career,” millennial workplace expert, Antonio Neves said. “What’s going to help graduates stand out are the key ‘soft skills’ that sadly are rarely taught on college campuses.” Research shows that the skills employers crave today are people skills, problem solving, creative thinking and emotional intelligence. Neves believes that regardless of where a student attended college or what they majored in, any graduate can build a successful career. What it requires is a nontraditional approach to making choices as a young professional that can impact your career growth in surprising ways.
1. Find people who make you better.Most young professionals’ careers stall not because they don’t have the skills to succeed, but because they surround themselves with the wrong people early on. They think it’s all about who you know when it’s actually who knows you best. Neves encourages young professionals to build strong relationships with allies and to avoid what he calls "thieves." “Thieves are people who don’t encourage you, support you or hold you accountable,” Neves said. Thieves are anyone from colleagues to peers who steal your time and energy. On the flipside, allies encourage, empower and support others. “Allies are the people that have great things going on in their careers. They will challenge you in a positive way to produce great work, exceed expectations and grow professionally.” It’s essential to identify thieves early on and create boundaries, Neves said, while keeping allies close.
2. Know that your first job won’t be your last job.College graduates and their parents put a lot of pressure on landing that perfect first job out of college. Young professionals agonize about making the wrong choice, as if it has the power to doom them to a horrible career path forever. This couldn’t be further from the truth. In fact, based on workplace trends, most young professionals are currently open to leaving their first employer for a new career opportunity. The employment landscape has evolved. Lifelong (or even decade-long) employment is a thing of the past. This means don’t stress about picking the perfect job. “Instead of worrying about picking the right first job,” Neves said, “instead focus on the opportunities the job you do select will offer. This includes ongoing training and development, where the job is located and who you will report to.” There’s no wrong decision as long as you learn, grow, and feel challenged.
3. Dress for the job you want.Dress codes these days are very relaxed at many companies. T-shirts, jeans and flip-flops aren’t necessarily considered unacceptable in offices anymore. However, think twice before you get dressed in the morning. “Just because everyone is wearing jeans doesn’t mean that you should,” said Neves. Instead he recommends keeping a close eye on the people who are in the positions you’d like to have one day. Observe how they dress and how they present themselves. Dress for the job you want, not the job you have.
4. Pause before you send anything.Emails have a notorious reputation for getting people in trouble. This includes sending an email too soon or accidentally sending an email to everyone that was meant for just one person. Great writing skills are one of the most in-demand professional skills according to employers. “Because it’s so rare, being a great writer will make you stand out in the office,” Neves said. “Being able to write in a clear and concise manner is a rarity in offices these days.” Neves recommends always reading and rereading what you wrote before sending an email. If it’s important, you can even have a colleague take a look to ensure the email is clear, mistake-free and being sent to the right people with only pertinent information. Once an email is out there, you create a virtual paper trail with your name attached to it. So remember: write with care. When in doubt, always veer toward being professional rather than casual.
5. Have a go-to spot.Early in your career, you’ll probably spend more time at the office than at home. Neves says it’s important to create a “third place” that’s not the office or home where you can become a regular. This could be a restaurant, lounge, or café. “When you have a great third place,” Neves said, “You’ll be able to build strong relationships with people and professionals outside of your circle.” Another benefit is that you’ll get to know the staff at these establishments and they’ll get to know you. They can introduce you to people, spark interesting conversations and have your back when you need a table for that important meeting. So if you’re a new grad, Neves puts it simply: “Be thoughtful about how you engage with the real world, and it’ll be kind to you in return.”
If you want to promote your name and your company online, you have to begin by building your personal brand. You have to begin thinking of yourself and your name as a brand. If you start there, everything else is easy.
1. Do a little preliminary research.Before you can build a positive personal profile online for yourself, you need to know what is already out there about you. Did you write a mean op-ed in college that has now made it into Google's cache? Do you have some unsavory photos floating out there in the world wide web? Set up Google alerts using your name. Try to clean up any negative press or posts. You may even want to consider changing your name slightly -- such as by using your middle initial or dropping our your nickname to build your new profile. Get your name as clean and professional as possible before you begin building your brand online.
2. Get a website.If you're going to make a name for your brand online, you need a site where your audience can visit so they can learn more about you. So, get a personal website with an "About me" page. There are lots of tools that you can use and websites you can visit to help you build your own website. Some of them are free. Some are paid, but remember, you get what you pay for. If you want your website to be dynamic and professional-looking, make sure that you allot enough time, effort (and even money) into it. Use high-resolution photos of yourself and keep your copy short and engaging.
3. Think about your audience.Who are you trying to reach? This is called your target audience. If I've learned anything in my years of marketing, it's that you need to define your audience early on. Are you trying to direct people to your personal website so they can learn something from you? What do you have to offer them? By answering these questions, you'll be able to get a better picture of your audience, and this will give you direction on how you communicate with them on your website and on social media.
4. Make friends with influential people online.Influencers are some of your best assets as you build your personal brand. Over the years, I've made friends with people online who have big audiences in my industry. By building these relationships, my influencers are more willing to share or retweet my social posts to their audiences. If you get free exposure to an audience that you are already trying to target, it's a win-win for both parties. Try out this technique to see if it works for you. If you have the right influencers in your circle, you'll get more traffic to your website and more engagement in your social posts.
5. The more people you meet, the better.When you are building a personal brand, the people you know can help promote you. You can't limit these relationships to online. Perhaps you will reach out to some influencers online, and that is perfectly acceptable. I do that all the time, and it is rewarding to see these friendships form. But, you also need to do everything you can to meet influencers in other ways. Go to local events related to your industry. Network at happy hours. Tell everyone what you do everywhere you go, from the waiter at your favorite restaurant to the people you sit beside at church. Expand your circles -- and your personal brand -- simply by being present with others.
6. Be you and only you.I'm offering you this advice because I learned the hard way. When you are building a personal brand, you do want to put your best face forward. But you also don't want to create an online presence that isn't true to who you really are. Social users are savvy about honesty -- and they can tell when marketers are not being vulnerable and genuine. So make sure you are putting forth an honest profile of who you are. When you do this, you’ll effortlessly build trust.
7. Capture information.Once you have started building a relationship with your online audience, it will be time to collect some of their information. This will be useful in building an email list, for example, so you can communicate more directly with your target audience. You can test this using creative ways. For example, once you have proven yourself as an established, trusted voice who offers valuable content, you can ask your audience to sign up for your monthly newsletter. You can also create videos to share your brand story. Incentivize this by offering a free giveaway or running a contest to generate excitement around free prizes. Make it fun for your target audience to participate. It can feel overwhelming as you get start building your personal brand. But, it takes less than a week to try out these tips. It's easy to try one new strategy, and it won't be long before you have a great target audience listening to you and looking to you for advice. That's what a personal brand is all about.
Amazon is never one to miss an opportunity for new revenue streams, so while the company continues to develop automated drones for Prime Air order deliveries, it's also thinking about what else they could do during the flight to your home. A new patent granted to Amazon this week reveals one potentially profitable extra function: assessing your house and seeing if any repairs are needed. The patent, entitled "Trigger agents in video streams for drones," was spotted by Business Insider. It describes the drone being able to scan and capture data about a destination. That data is then received by a remote computer system and analyzed to identify its characteristics. Why would Amazon want to do that? Because it opens the door to a new type of recommendation system, which in turn means the potential for a new revenue stream. For example, the data the drone captures could highlight a roof repair is needed, or your trees are overgrown or dying and suggest an appropriate fix/service. Maybe your garden looks like it needs some love, so Amazon will start recommending garden tools and accessories. Anyone concerned about privacy will be glad to hear Amazon views this as an opt-in service. So you can choose to have your home scanned by the drone, and if you do, expect a review to arrive via email, text message or through an Amazon account notification along with some purchase options. Whether this feature ends up being a core part of the drone delivery process is a secondary concern for consumers as well as Amazon. Right now, the focus is on actually getting the drones approved so they are allowed to fly and deliver packages. Only once that's up and running should we expect additional services to start being offered.
The daily index tracks and analyzes the net worths of the richest people in the world, and is updated at the close of every trading day on Wall Street. Typically, the men on it don’t change positions much, but there was a slight swap in the rankings: Amazon founder Jeff Bezos was named the second richest person in the world, ousting investor Warren Buffett. Of course, Microsoft’s Bill Gates remains at the top with a whopping net worth of $86 billion. Bezos is just $10 billion behind at $75.6 billion. Check out the world’s top 10 richest people in the world, according to Bloomberg:
- Bill Gates, $86 billion
- Jeff Bezos, $75.6 billion
- Warren Buffett, $74.9 billion
- Amancio Ortega, $74.2 billion
- Mark Zuckerberg, $61.4 billion
- Carlos Slim, $58.1 billion
- Charles Koch, $47.9 billion
- David Koch, $47.9 billion
- Larry Ellison, $47 billion
- Bernard Arnault, $43.5 billion
The government on Thursday told a group of MPs that it has no plans to make Aadhaar number mandatory for booking air tickets. At a meeting of the parliamentary standing committee on home affairs, headed by P Chidambaram, top officials said no decision has been taken by the government in this regard, said an MP who attended the meeting. The parliamentarians were assured by the officials, led by Union home secretary-designate Rajiv Gauba, that Aadhaar data is safe and there is no chance of it falling in wrong hands as the main server is placed in a foolproof system. The queries by members of the panel were answered by the representatives of the home ministry and the Unique Identification Authority of India (UIDAI), the nodal authority for Aadhaar in the country. Apart from Aadhaar, the panel also discussed various national security issues, officials said. When the MPs asked why the government was linking Aadhaar number with banks, mobile connections, welfare schemes, they said that the decision had been taken by the political executive and they were not in a position to answer it. Asked how citizens privacy would be protected when the Aadhaar data is collected by private entities, the officials said the entire software is handled by the UIDAI and there was no chance of falling the Aadhaar data in wrong hands, another MP said. The officials told the lawmakers that a final decision on the privacy issues related to Aadhaar would be taken only after a verdict of the Supreme Court, which is hearing a case related to privacy.
Individuals who violate regulations at airports will now face higher penalties, with state-owned AAI putting in place revised fine amount. The Airports Authority of India (AAI) manages 126 airports. Any person contravening the AAI regulations will face up to Rs 5,000 penalty, a steep hike from the earlier Rs 500, as per the new regulations. Any continuing offence will attract an additional fine that may extend to Rs 500 for everyday during which such violation continues after "the conviction for the first such contravention". Under the earlier rules, this amount was just Rs 20 per day. The revised quantum of fines has been notified by way of amendments to the AAI (Management of Airports) Regulations, 2003. On Wednesday, AAI Chairman Guruprasad Mohapatra told that penalties have been increased as the earlier quantum was not appropriate with the changing times. Asked whether the revision has been effected due to any recent incident involving unruly passengers, he replied in the negative. "This (amendment) has nothing to do with (any) recent incident. This has been under consideration for some time," he said. There have been instances of unruly behaviour at airports. Last month, there was an incident involving TDP MP J C Diwakar Reddy as he got into a verbal spat with IndiGo ground staff at the Visakhapatnam airport. He allegedly threw a printer kept at the airline's counter after he was informed that boarding for his flight to Hyderabad had closed.
Sugar prices drifted lower by Rs 50 per quintal at the wholesale market in the national capital today following reduced offtake by stockists and bulk consumers amid increased arrivals from mills. Marketmen said the fall in sweetener prices was due to reduced offtake by bulk consumers and stockists in view of approaching month-end along with increased supplies from mills mainly brought down the sweetener prices. Sugar ready M-30 and S-30 prices drifted lower by Rs 50 each to end the day at Rs 4,000-4,100 and Rs 3,990-4,090 per quintal. Likewise, mill delivery M-30 and S-30 prices also settled lower by Rs 20 each to end at Rs 3,660-3,840 and Rs 3,650- 3,830 per quintal. In the millgate section, sugar Dorala, Dhanora, Sakoti, Khatuli and Chandpur dropped by Rs 30 each to Rs 3,740, Rs 3,720, Rs 3,700, 3,790 and Rs 3,700 per quintal. Prices of Budhana, Thanabhavan, Ramala, Baghpat and Morna also slipped by Rs 25 each to Rs 3,735, Rs 3,730, Rs 3,675, Rs 3,690 and Rs 3,675 per quintal, respectively. Following are today's quotations (in Rs per quintal): Sugar retail markets - Rs 42.00-46.00 per kg. Sugar ready: M-30 Rs 4,000-4,100, S-30 Rs 3,990-4,090. Mill delivery: M-30 Rs 3,660-3,840, S-30 Rs 3,650-3,830. Sugar millgate (including duty): Mawana Rs N.Q., Kinnoni Rs 3,840, Asmoli Rs 3,765, Dorala Rs 3,740, Budhana Rs 3,735, Thanabhavan Rs 3,730, Dhanora Rs 3,720, Simbholi Rs 3,830, Khatuli Rs 3,790, Dhampur Rs 3,730, Ramala Rs 3,675, Anupshaher Rs 3,655, Baghpat Rs 3,690, Morna Rs 3,675, Sakoti Rs 3,700, Chandpur Rs 3,700, Nazibabad Rs 3,660, Modinagar N.Q., Shamli 3,720 and Nanota 3,665.
Axis Bank, India's seventh-biggest lender by assets, on Thursday announced that it has agreed to buy mobile payments wallet provider FreeCharge from e-commerce company Snapdeal for Rs 385 crore ($60.04 million). "Digital payments in India are surging. Government policies are driving a less-cash economy," Axis Bank finance chief Jairam Sridharan told a news conference after announcing the deal. He said the acquisition will double the customer base of the bank and leapfrog its digital journey by multiple years. Axis Bank expects regulatory clearances to the deal in two months. Following this, the bank could consider merging their wallet businesses. The cut-price deal marks a significant erosion of value for FreeCharge which was acquired for $400 million or Rs 2,500 crore (at current exchange rate). back in 2015 by the Gurgaon-based online marketplace to shore up its online payments play. At the time, it was touted as the largest deal in the then nascent start-up ecosystem in India. The current transaction will offer significant legroom to the Snapdeal management which has struggled to raise funds for over a year. FreeCharge had also held talks with several industry players for an acquisition or financial investment. It had also signed a non-binding agreement with the Alibaba-backed Paytm but the price being offered of $10 million post the due diligence was not taken up by Snapdeal's parent Jasper infotech. Amazon had in fact placed a higher bid for FreeCharge, however the Snapdeal-owned payments platform opted for the Axis Bank offer. For Axis Bank, the acquisition will give it a good chance to have a strong play in the consumer focussed digital payments space. FreeCharge, much like Snapdeal, has been in a free fall since late last year as the company was unable to keep up with rivals like the cash rich Paytm. FreeCharge was clocking about 1-1.5 million transactions daily before demonetisation kicked in last year only second to Paytm. While all other payments platforms benefited from the demonetisation drive, FreeCharge lost market share resulting in lower number of daily transactions. By this time, Snapdeal had started tightening its purse strings which restricted FreeCharge's growth further.
But for Axis Bank, FreeCharge could turn out to be a value add given most traditional banks have not been able to become prime players in the mobile wallets segment.After FreeCharge's CEO Govind Rajan quit earlier this year, the former realty portal Housing.com CEO Jason Kothari was named as the chief executive of the mobile payments firm. Kothari had joined Snapdeal as its chief strategy and investment officer before moving to FreeCharge.