REPCO Home Finance Limited Recruitment of Managers 2014-15 for Graduates

Friends,

Repco Home Finance Limited (Promoted by REPCO Bank a Government of India Enterprise) invites applications from eligible candidates for the posts of Managers Inspection. The interested candidates can apply on the prescribed application form which could be downloaded from the official website of REPCO and also from the link provided at the end of this post. No other means/mode of application will be accepted. The candidates are advised in their own interest to ensure eligibility before applying for these posts. The Company reserves the right to accept/ reject any/all applications without assigning any reason. The process may also be abandoned without assigning any reason. No communication in this regard will be entertained after sending the application.The brief details are as under : 

Name of the Post: Manager (Inspection)

Age Limit: Candidates age should not exceeding 28 years as on 30-04-2014. Relaxation can be considered based on commensurate relevant experience.

Educational Qualification: Candidates should possess B.Com, BBM, B.Sc (PG preferable) from a UGC recognized University under regular course. Minimum Three years experience in branch operation /inspection/ credit.

Remuneration: Gross Salary of Rs. 33,000 per month (approx) + Meal coupon+ out of station travel expenses as per policy.

How to Apply: Eligible candidates may apply by filling up the enclosed bio- data form in a sealed cover mentioning the POST CODE on the envelope and send to Deputy General Manager (HR), Repco Home Finance Limited, Corporate Office 3rd Floor, Alexander Square, New No. 2, Sardar Patel Road, Guindy, Chennai – 600032 on or before 30-04-2014 by post. The envelope should be superscribed on the top as “Application for the post of Manager-Inspection”. Applications received in any other format or after due date and by any other mode shall not be considered.

Last Date for Submission of Application: 30-04-2014.

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University of Delhi Recruitment of Various Posts 2013-14

Friends,

University of Delhi invites applications from eligible candidates for various posts as mentioned below Advt. No. Estab.IV/246/2013/  Dated: 06.11.2013. The interested candidates can apply on the prscribed application form which could be downloaded from the official website of University of Delhi. No other means/mode of application will be accepted. The candidates are advised to ensure thier eligiblilty before applying for these posts. The brief details are as under : 

Total Number of Posts : 312 posts

• Joint Director, DHMI : 02 posts
• Senior System Analyst / Senior System Programmer (on Deputation): 04 posts
• Manager (Press): 01 post
• Assistant Registrar : 03 posts
• Programmer (on Deputation): 03 posts
• Manager, International Guest House: 01 post
• Yoga Organizer : 01 post
• Hindi Officer : 01 post
• Senior Assistant : 35 posts
• Hindi Translator : 02 posts
• Statistical Assistant : 03 posts
• Assistant Archivist : 01 post
• Junior Assistant : 255 posts

Educational Qualifications : Candidates should be possess (i) A Senior Secondary School Certificate or its equivalent  qualification from a recognized board / university / institution with at least 50% marks or a Graduate from a recognized university with typing speed of 40 w.p.m in English typewriting through computer, a graduate degree, Master degree in relevant discipline. kindly refer advertisement for post wise details.

Desirable Qualifications: Candidates should have Degree / Diploma in Computer Applications / Science and knowledge of operation of latest packages relating to Pay roll, Accounts, MIS etc.. with Diploma in Office Management and Secretarial Practice.

Application Fee: Candidates have to pay Rs.500/- for UR/ OBC. SC / ST / PWD candidates are exempted from payment of fee.

How to Apply: Candidate fulfilling the above qualification may submit their application on the enclosed Performa along with self-attested photocopies of certificates of educational qualifications, date of birth, caste / category certificate (SC / ST / OBC / PWD) in the Registrar, University of Delhi, Delhi-110007.

Last date for receipt of applications: 13.12.2013

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MSEDCL Recruitment in various disciplines like as Engineers, Information Technology, Accounts Cadre, Industrial Relations etc. 2013-14

Friends,

Maharashtra State Electricity Distribution Company Limited (MSEDCL) invites applications from eligible candidates for the posts as mentioned below vide Advertisement No.MSEDCL-1/2013. The interested candidates can apply in ONLINE mode only through the link provided on the official website of MSEDCL. No other means/mode of application will be accepted. Candidates applying for the posts advertised should ensure that they fulfill all eligibility criteria. Their admission to all the stages of the recruitment process will be purely provisional subject to satisfying the prescribed eligibility criteria mentioned in this advertisement. After applying online and uploading the photograph and signature, the candidates are advised to take two printouts of the system generated online application form. Recent photograph of the candidate duly signed across is to be pasted on the system generated online application. The brief details are as under : 

Total Number of Posts:680

Details of the post:

I. Accounts Cadre:

1. Sr.Manager (F&A): 07 Posts

II. Industrial Relations: 

2. Dy.Chief Industrial Relation Officer: 03 Posts

III. Information Technology: 

3. System Analysts: 02 Posts

4. Programmer: 02 Posts

5. Asstt. Programmer: 107 Posts

6. Junior Programmer: 08 Posts

IV. Technical: 

7. Junior Engineer (Dist.): 374 Posts

8. Sub Engineer (Dist.): 170 Posts

V. Vigilance & Security: 

9. Asstt. Director (V&S): 01 Post

10. Vigilance Officer: 02 Posts

11. Dy.Vigilance Officer 03 Posts

VI. Legal Cadre: 

12. Jr.Law Officer: 01 Post

Age Limit: Candidates age should be 40 years for post no.1,2,3,4,9 and 11 and should have 35years for the post no.5,6,7 and 12 and age limit 30 years for post no.8. 

Educational Qualifications: Candidates should have done degree in B.Sc (IT) or B.Sc (Comp.)/ (Comp. Sci.) or MCS / MCM / M.Sc. (Comp.) / B.E (Electrical / Electrical & Power Engineering  / Technology) / Degree in Law . 

Application Fee: Candidates have to pay Rs.500/- for unreserved and Rs.250/- for reserved candidates.

How to Apply: Eligible candidates should apply through online mode from the official website of www.mahadiscom.com from 20.09.2013 to 10.10.2013.

Last date for online registration: 10.10.2013

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Recruitment Portal of MSEDCL

How to Open a Sole Proprietorship Business?

Sole proprietorship is a type of business in which only the owner, known as the sole proprietor, is responsible alone for all investment of capital and management of the business. He enjoys the profit solely and also suffers the risk alone. Sole proprietorship is the oldest and most common form of business in India. This is because sole proprietorship business enjoys several advantages which are not found in any other type of business. As the owner is solely responsible for the management of the firm, he can control the firm independently and can take quick decisions in every situation. He is motivated to work because he enjoys the profit solely and has a personal touch with the firm. Dissolution of the firm can be done easily due to least restrictions. It is also economical to start a sole proprietorship business because almost no formalities are present in its formation.

Sole proprietorship business can be formed easily as only the following things are required:

    Name of the organization, provided that it is not already trademarked by any other firm. Sole proprietor must register the name of firm soon after thinking the name of the organization.

    Owner must select the type of product he wants to deal in. He should check that the product he chose is legal in the eyes of law.

    A good site must be selected for setting up the business. He must check whether there is demand of the particular product in that area.

    Proprietor should open a bank account in the nearby bank so that he can deal with the customers in cheque, in case of transactions of bulky amount.

    Advertisement of the firm must be present in the most suitable type of media used nearby.

    A website can be made if the proprietor wants to flourish his business in future. Creating website will provide knowledge to general public about the firm.

    Stationery material like memos, pen, etc. which will be needed to give customers a professional bill.

    Proprietor must register for tax other than income tax. Some taxes which he should register are service tax, professional tax, etc. depending upon the condition of the firm.

Easy formation of business is the best advantage of sole proprietorship business. But, as there are two sides of a coin, similarly, in spite of the advantages there are several disadvantages too of starting sole proprietorship business. Limited availability of capital resource, limited managerial ability, unlimited liability, limited scope for expansion and uncertain life are some disadvantages of sole proprietorship business. Seeing the advantages and disadvantages, it can be concluded that sole proprietorship is only suitable in certain cases. Place where local market is established, market where taste and preference of the customer changes frequently, area where risk involved is minimum, site in which quick decisions can be taken and place where business can be established by investing small capital are the cases in which sole proprietorship business can be established without any risk. Therefore, if any person finds any place, where the things match with the above mentioned points, is the ideal place for the formation of sole proprietorship business by just completing the things required.

Procedure to get Importer/Exporter Code (IEC) Number

Friends,

Want to start Import Export Business ? The first requirement to start this business is which articles/things you want to import/export. After deciding business the place is very much important thing from which place your business can grow fast. And a very important thing after this is to get the IEC (Importer Exporter Code) Number. Here in this article “how to get an importer exporter code number (IEC number) in India” this is basically for those who have an interest to start the business of import export into or from India. Export at these days is one of the most high-income businesses in India. The income from export business is also exempted from tax to the specified extend under the income tax act, 1961. There is no sales tax/VAT on exports. Ministry of Commerce has also allowed duty free import on raw material under various circumstances. There are also another tax benefits for import and export from India. We will talk to it on another articles.

So, If you want to import or export goods into or from India, you have a valid Import-Export Code number (IEC number). The customs authorities will permit you to import or export goods if you have a valid Importer-Exporter Code (IEC) number. So everyone who want to start export goods or imports goods must understand the procedure to get IEC number. Now the procedure become very simple to get IEC number because of Policy Cirulcar No.15(RE-2006)/2004-2009 Date:27th July, 2006).

Introduction

The IEC code is unique 10 digit code issued by DGFT- Director General of Foreign Trade, Ministry of Commerce, Government of India to Indian Companies. An application for grant of IEC number shall be made by the Registered/Head Office of the applicant and apply to the nearest Regional Authority of Directorate General Foreign Trade, the Registered office in case of company and Head office in case of others, falls in the ‘Aayaat Niryaat Form – ANF2A’ and shall be accompanied by documents prescribed therein. In case of STPI/ EHTP/ BTP units, the Regional Offices of the DGFT having jurisdiction over the district in which the Registered/ Head Office of the STPI unit is located shall issue or amend the IECs. There are to ways to apply Importer-Exporter Code number as following.

An applicant may now choose one of the two options for application submission:

    File an online application and submit a physical copy of the application by taking a printout of the online application.
    Submit a physical copy of the application directly at the regional DGFT office.

Procedure of online application

    Applicants can file an on-line application at the DGFT web-site http://dgft.gov.in. On-line form has been designed to ensure feeding of all the required information by prompting user wherever a field is left blank. Applicant has to submit scanned copies of PAN and bank certificate along with their application.

    There are 2 options for payment of fee.

    If fee is paid by Demand Draft, IEC will be generated only after receipt of the physical copy of the application.

    If IEC application fee is paid through Electronic Fund Transfer facility, IEC number will be generated by the licensing office automatically and the number can be viewed online by the applicant.

    On the receipt of physical copy of the application, the same IEC will be printed in 24 hours time and dispatched to the firm.

Procedure for Physical Application

    One copy  of the application must be submitted. Aayaat Niryaat Form – ANF2A
    Demand  Draft  of   Rs. 250  evidencing  payment  of  application  fee  in  favor  of  the  concerned regional office of DGFT. Money can also be paid through Electronic Fund Transfer (EFT).
    Certificate from the Banker of the applicant firm in the specified  format. Appendix 18A
    Self certified copy of Permanent Account Number (PAN) issued by Income Tax Authorities.
    Two copies of passport size photographs of the applicant
    Photograph on the banker’s certificate should be attested by the banker of the applicant.
    Self addressed envelope and stamp of Rs. 30.
    These documents may be kept secured in a file cover.

The above documents may be sent by post or hand delivered at the concerned regional DGFT office.

The IEC number should normally be given within two working days provided the application is complete in all respects and is accompanied by the prescribed documents.

Hints for filling IEC Applications

    Each page of the application form should be signed by applicant
    Enclosed documents should be self attested.
    One photograph of applicant shall be attested by the applicant’s banker.

As you all now aware of how to get importer exporter code number in India. if you have any query please comment. We will discuss queries on another article about IEC number in India. On next articles I will write on various export promotion agencies and tax benefits on import and export into or from India.

Registration of a Private Limited Company in India Online

Friends,

If you want to make a Private Limited Company in India then now-a-days it is very easy to register for your company ONLINE. There are some simple steps which we will discuss here. As you reach this article how to form a private company means you want to go through the basic and step by step guidelines to set up a private limited company. We will discuss in this article various formalities associated with company formation. There are lots of advantages of a private company over a partnership firm as it is a separate legal entity, limited liability of members, equitable distribution of profits, tax benefits. We will discuss all above topics on future articles, but here we will brief only for setup a private company in India.

Now company registration/formation is very easy with online involvement powered by MCA21 program launched by Ministry of Company Affairs (MCA). You can easily go through via ‘MY MCA Portal’.

Directors of the Company
First acknowledge the Directors of the Company. Minimum of two directors need to present and Maximum of 8 is allowed. All Directors should have DIN (Directors Identification Number). If you do not have one you can apply DIN online at www.mca.gov.in. It will allot provisional DIN immediately.

Register the name of the company

After obtaining DIN, you need to apply for the company name. You should give 5-6 names in the order which you prefer. It will be applied on e-Form 1A, online. The fees are Rs. 500/-. You can pay through your credit card or available option. It took normally 2 to 3 days to get the name locked. You can check the availability of the name at MCA Portal by clicking ‘Track Transaction Status’. If the name is not available you can apply for the fresh name on same application.

Incorporation

After register the name with Registrar, you must complete registration within 60 days from the date of approval of name by Registrar (Reduced from ’6 months’ vide companies (Central Government’s) General Rules and Forms (Third Amendments) Rules, 2007, we.f. 19.11.2007

The following documents are to be filed with fees electronically.

    Statutory declaration in e-form 1.
    Memorandum of Association (Scanned Copy)
    Articles of Association (Scanned Copy)
    Power of Attorney
    e-Form 18 – Notice of situation of registered office.
    e-Form 32 – Particulars of Directors

You have to submit the following documents to ROC office with the covering letter.

    Copy of memorandum and Articles of Association duly stamped and signed by promoters.
    Form No. 1 on stamp paper of requisite value.
    Power of Attorney from all the promoters.
    Copy of SRN Challan.

The ROC will send the certificate of incorporation shall be sent to you by post. You can check the status by filling up the SRN Challan number. You will also receive email from MCA office along with incorporation certificate.

Opening Bank Account on the name of company
The company now can open a bank account in its name for which a copy of the memorandum and articles of association will be submitted to banker.

Apply for PAN and TAN

Click to know how to apply PAN

For More information Go to : http://www.mca.gov.in/Ministry/faq_userreg.htm 

NBCC Recruitment 2011

National Buildings Construction Corporation Limited, New Delhi is also known as NBCC published, Advt. No. 05/2011 on July 2011 to recruit eligible candidates for following posts. NBCC announced that this is Special Recruitment Drive for SC/ST/OBCs & Persons with Disabilities. NBCC intend to engage individuals on regular basis through Direct Recruitment under Special Recruitment Drive.

Last Date: 23rd Aug, 2011

NBCC Recruitment 2011 details

Dy. General Manager (Civil)

    Vacancies - 01 Post
    Pay-Scale - Rs. 29100-54500
   Qualification: Degree in civil engineering from Government recognized Institution of repute. Candidates having Masters Degree in Management and proficiency in use of computer and computer softwares will be preferred. Candidate should have 13 years of post qualification experience in planning and execution of wide range of civil engineering projects, out of which two years experience in the IDA scale of Rs 24,900- 50,500 or equivalent for those working in PSU/Government. Candidates from Private Sector should also have total post qualification experience of 13 years and should be drawing monthly salary not below Rs 50,000/- during the last two years.

Dy. Manager (HRM)

    Vacancies - 01 Post
    Pay-Scale - Rs. 20600-46500/-
   Qualification: The candidate should be MBA(HRM) from Government recognized Institute/University. Should have minimum 06 years experience in industrial environment and exposed to multiple trade unions industrial relation scenario, Functional capabilities should be inclusive of thorough knowledge of labour laws and service regulations and application of HRM concepts, tools and practices, such as man power planning, performance management, career management, succession planning, competency modelling, competency appraisal.

Hindi Translator 

    Vacancies - 01 Post
    Pay-Scale - Rs. 16400-40500
   Qualification: Master's degree in Hindi with English upto Degree level or Master's Degree in English with Hindi upto Degree level and Post Graduate Diploma/ Degree in translation from Government recognized Institute / University. Preference will be given to those having journalistic experience and aptitude for public relations work and knowledge of Sanskrit or other Indian language. Minimum 05 years post qualification experience in terminology work in Hindi or translation from English to Hindi & vice-versa, preferably of technical or scientific nature in Government/ Semi-Government/PSU /Autonomous bodies. Those who have experience in construction sector will have a definite edge.

 Sr. Project Executive ( Civil)

    Vacancies - 02 Posts
    Pay-Scale - Rs. 16400-40500
   Qualification: Degree in Civil Engineering from Government recognized University/Institution of repute. Candidates having Master’s Degree in Management and proficiency in use of computer and computer software will be preferred. Candidates must have 05 years experience in planning and execution of wide range of civil engineering projects.

Sr. Project Executive ( Electrical) 

    Vacancies - 01 Post
    Pay-Scale - Rs. 16400-40500
    Qualification: Degree in Electrical engineering from Government recognized University/Institution of repute. Candidates having Masters Degree in Management and proficiency in use of computer and computer softwares will be preferred. Candidate must have 05 years experience in planning and execution of wide range of electrical engineering projects.

Project Executive (Civil) 

    Vacancies - 01 Post
    Pay-Scale - Rs. 12600-32500/-
   Qualification: Degree in Civil Engineering from a reputed Government recognized Institute/University. Candidates having proficiency in use of computer andproject management soft wares will be preferred. Candidates must have 02 years experience in execution of wide range civil engineering projects.

Sr. Stenographer 

    Vacancies - 01 Post
    Pay-Scale - Rs. 9760 + increment 3% (open)
    Qualification: Candidate should be Graduate with minimum 03 years experience. Speed in English & Hindi shorthand 110 /100 w.p.m respectively and typing speed on computer 50/40 w.p.m. respectively. Candidate can opt to appear for shorthand/typing test either in Hindi or in English language for provisional appointment. However, subsequently he will be required to qualify shorthand/typing test in leftover language i.e. Hindi or English, as the case may be within the prescribed time period for regular appointment. Proficiency in use of latest operating systems on computer in office environment is desirable.

 Jr. Engineer (Civil) 

   Vacancies - 01 Post
    Pay-Scale - Rs. 9760 + increment 3% (open)
  Qualification: Three years Diploma in Civil Engineering from Govt. recognized Institute/University. Candidates having proficiency in use of computer and computer software will be preferred

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Main Site of NBBC  

How to Apply 

Candidates can apply either in English or in Hindi & they can opt either English or Hindi language for interview. The envelope should be superscribed with the Advt. No. and post applied for. Applications in the prescribed format along with attested photocopies of educational/ Professional qualification, Age, Caste & Experience certificates should reach to the Sr. General Manager (HRM), NBCC Limited, NBCC Bhawan, Lodhi Road, New Delhi-110003 latest by 23.08.2011.

Distinction Between A Public Company And a Private Company

Following are the main points of difference between a Public Company and a Private Company :-

1. Minimum Paid-up Capital : A company to be Incorporated as a Private Company must have a minimum paid-up capital of Rs. 1,00,000, whereas a Public Company must have a minimum paid-up capital of Rs. 5,00,000.

2. Minimum number of members : Minimum number of members required to form a private company is 2, whereas a Public Company requires atleast 7 members.

3. Maximum number of members : Maximum number of members in a Private Company is restricted to 50, there is no restriction of maximum number of members in a Public Company.

4. Transferability of shares : There is complete restriction on the transferability of the shares of a Private Company through its Articles of Association , whereas there is no restriction on the transferability of the shares of a Public company

5 .Issue of Prospectus : A Private Company is prohibited from inviting the public for subscription of its shares, i.e. a Private Company cannot issue Prospectus, whereas a Public Company is free to invite public for subscription i.e., a Public Company can issue a Prospectus.

6. Number of Directors : A Private Company may have 2 directors to manage the affairs of the company, whereas a Public Company must have atleast 3 directors.

7. Consent of the directors : There is no need to give the consent by the directors of a Private Company, whereas the Directors of a Public Company must have file with the Registrar a consent to act as Director of the company.

8. Qualification shares : The Directors of a Private Company need not sign an undertaking to acquire the qualification shares, whereas the Directors of a Public Company are required to sign an undertaking to acquire the qualification shares of the public Company .

9. Commencement of Business : A Private Company can commence its business immediately after its incorporation, whereas a Private Company cannot start its business until a Certificate to commencement of business is issued to it.

10. Shares Warrants : A Private Company cannot issue Share Warrants against its fully paid shares, Whereas a Private Company can issue Share Warrants against its fully paid up shares.

11. Further issue of shares : A Private Company need not offer the further issue of shares to its existing share – holders, whereas a Public Company has to offer the further issue of shares to its existing share – holders as right shares. Further issue of shares can only be offer to the general public with the approval of the existing share – holders in the general meeting of the share – holders only.

12. Statutory meeting : A Private Company has no obligation to call the Statutory Meeting of the member, whereas of Public Company must call its statutory Meeting and file Statutory Report with the Register of Companies.

13. Quorum : The quorum in the case of a Private Company is TWO members present personally, whereas in the case of a Public Company FIVE members must be present personally to constitute quorum. However, the Articles of Association may provide and number of members more than the required under the Act.

14. Managerial remuneration : Total managerial remuneration in the case of a Public Company cannot exceed limit prescribed . Whereas these restrictions do not apply on a Private Company.

15. Special privileges : A Private Company enjoys some special privileges, which are not available to a Public Company.