News & Media
Infosys Q2 net up 24.29% at Rs 2,369 crore
Infosys on Friday posted 24.3 per cent jump in consolidated net profit at Rs 2,369 crore (Rs 23.69 billion) for the July-September quarter, but its guidance disappointed the market pulling down the sc
India IT services market likely to reach $10.2 billion in 2013: Gartner
NEW DELHI: The IT services market in the country is estimated to reach $10.2 billion in 2013, a 12 per cent increase from an estimated $9.1 billion market in 2012, research firm Gartner said today.
I
30 million more jobless; unemployment higher than before global financial crisis: ILO
TOKYO: There are now 30 million more people without jobs around the world than before the global financial crisis began, the head of the International Labour Organization said in remarks published on
Bourses go slow on pay norms for executives
MUMBAI:Three months after market regulator Sebi came out with a notification on the salaries of stock exchange officials, progress has been slow on this front at the bourses. Thanks to the recommend
India economic growth expanded at faster rate than China in Oct-Dec qtr: HSBC
Economic growth in emerging markets slightly improved in the October-December quarter and among BRIC nations, India economic growth expanded at a faster rate than China, an HSBC survey has said.
The
Auto companies show decent revenue growth: Analysts
CHENNAI: The automotive industry may be battling a severe downturn but the sector`s revenue growth will continue to be decent. According to analysts, the industry - which has seen the demand for almos
DESI FLAVOUR : Hyundai replaces Korean executives with Indians
Chennai: Hyundai Motor India has kicked off a major restructuring drive that will see the company replace expatriate Koreans with Indian executives in key decision making roles over the next 24 months
Indian IT companies will continue to get tax benefits: Finance Ministry
CBDT said `onsite` work at client locati
firms would be treated as deemed exports,
making them eligible for tax benefits.
NEW DELHI: The finance ministry
Reforms key to further easing: RBI
NEW DELHI: The Reserve Bank of India`s move to ease interest rates may have warmed the hearts of policymakers eagerly waiting for the central bank to boost sentiment but it has also signalled some key
JLR plans to hire over 500 people for R&D by March 2013
NEW DELHI: Tata Motors-owned Jaguar Land Rover plans to hire over 500 engineers and designers by March 2013, taking the total strength of R&D people to over 5,500, to support its new product devel
IIP-Consumption revival to raise industrial growth in 2013-14: CRISIL Research
Higher farm incomes (assuming a normal monsoon), increased pre-election welfare expenditure by the government, and lower interest rates are expected to improve household spending in 2013-14.
Overview
Alcatel-Lucent to cut 1,000 jobs in India
Struggling French telecom gearmaker Alcatel-Lucent
&
10 lakh new jobs expected in 2013
Job seekers can look forward to a prosperous new year with more than 10 lakh new jobs expected across various sectors including FMCG and retail, says a survey.
Coming against the backdrop of uncertai
150 companies recruit from IIM-B during final placements
BANGALORE: Around 150 companies offered 415 jobs to 381 students of Indian Institute of Management -Bangalore`s (IIM-B) batch of 2013, a sign of hope in a gloomy economic scenario. Boston Consulting G
Rate of employment in 20 yrs lower than economic growth rate
NEW DELHI: The rate of employment in the last two decades has been lower than economic growth rate and the quality of employment, government said today. "The Working Group Report on Employment prepa
Talent crunch affecting half of India : Survey
NEW DELHI: Talent crunch is causing a drag on employers across the world and the situation is worse in emerging market economies, including India, where over half of the employers have positions for w
India needs to create 15 million jobs annually: Sam Pitroda
NEW DELHI: India needs to create 15 million jobs every year, National Innovation Council Chairman Sam Pitroda said today. "We have about 550 million youths under 25 years of age and considering thes
50% of the employees in Oil & Gas due for retirement in the next 5 to 7 years
Manpower projections for the oil and gas industry predict a substantial demand for professionals in the industry in the coming years, largely due to the fact that it has an aging workforce. However, a
Non-tech graduates replace engineers
BANGALORE: Navin Kumar, CEO of iPrimed, a skills development organization, has a mandate from IT companies now to fill up some 2,000 positions with BSc and BCom graduates. A year ago, this number was
Impact of mobile and tablet technologies on recruitment
During one of my recent train journeys to Mumbai, I woke up in the morning overhearing a middle-aged woman on the lower berth saying, "Oh! I feel so handicapped without my WhatsApp." Quite clearly, th
Job generation drops by over 14.1 pc during October-March 2012-13: Assocham
MUMBAI: New job generation across India has declined by 14.1 per cent during the second half of financial year 2012-13 as against the corresponding period last year, says a recent study by Assocham.
India Inc optimistic about economy; to hire aggressively
NEW DELHI: Indian businesses are among the most optimistic about their country`s economic growth and are likely to hire more new workers than any other nation in the world, says a report. According
Five ways to deal with a pay cut post appraisal
The HR manager at a private firm, had to take a pay cut a few years ago along with rest of the employees in his organisation, due to a crisis in the external financial environment. However, Kumar like
Demand for engineering talent declining in IT industry: Report
NEW DELHI: Demand for engineering graduates in the IT industry is reducing due to slowdown in revenue growth, change in business mix and preference for science graduates to lower costs, says a new rep
Rural India turns good hiring ground: Report
Companies across sectors are positive about business and recruitment in the first half of this fiscal year and the smaller cities will face the greener side of hiring, staffing solutions company TeamL
Companies expand background check on jobseekers
NEW DELHI: Amid growing risks of staff-driven security threats and corporate frauds, companies have begun conducting regulatory, compliance and criminal record checks of people seeking jobs with them
More than 50% of Indian professionals shift industry after their first job
CHENNAI: Employers beware. Indian professionals expect more from a job than just a hefty salary. A recent pan-India survey by professional networking site ApnaCircle.com found that more than half of a
IT employment is expected to grow 3 times over the next 3 years: Infopark
KOCHI: Despite the slow growth in information technology recruitment in the country, the Infopark in Kochi has projected a healthy growth in recruitment over the next few years. IT employment is expec
Global employer hiring up 4% for class of 2013 B-school graduates: Survey
NEW DELHI: The job market improves for graduate business school degree holders, as more employers plan to hire MBAs and specialised business masters talent than last year, according to the 2013 Corpor
Google says students should take up jobs based on interests
JAIPUR: Students should pursue jobs as per their interests and set a goal for their lives, a senior official at search engine giant Google said today. Speaking to students of Rajasthan University, G
Demand for engineers recovers after a two-month long passive phase.
Demand for talent saw a 4 per cent increase during October 2013. Among top ten industries, Petrochemicals/ Oil and Gas/ Power reported maximum hiring activity. Hiring was also upbeat in Entertainment/
Flexible working arrangements boost productivity .
NEW DELHI: Flexible working practices improve employee productivity and creativity, says a study. According to a report by workplace provider Regus, 75 per cent of Indian respondents believe flexibl
Pharma sector in good health, to create more jobs: Experts.
Indian as well as multinational pharmaceutical companies are likely to create more jobs in 2014 on the back of expected double digit growth in the key sector, according to industry experts.The pharma
IT-major Wipro has plans to hire 500 IT professionals in Kolkata.
KOLKATA: IT-major Wipro has plans to hire 500 IT professionals in the next 2-3 years as part of expansion in the company`s existing facility in the city.
"We are carrying out the expansion on our exi
8.5 lakh new jobs expected in 2014
NEW DELHI: Job seekers can look forward to a prosperous new year as more than 8.5 lakh new jobs are expected across various sectors, including FMCG and healthcare, says a survey.
Coming against the b
Amazon to hire 8,000 in India
Amazon to hire 8,000 in India
BENGALURU: Amazon India plans to more than double its headcount in logistics and delivery space in seven months as it pushes ahead with its offer of providing shipping s
Air India starts process for recruiting 197 pilots
National carrier Air India has initiated the process for recruiting 197 pilots, taking into consideration its fleet augmentation plans and retirements that will happen in the next two years. Air India
Toyota to step up hiring by 30% in 2015-16
Japanese carmaker Toyota Motor Corporation has announced that it plans to hire 2,275 people in 2015-16, marking an increase of more than 30% over the 1,744 people recruited in the current fiscal. The
Mars to invest `1,000 crore to set up plant in Pune
Mars International India, the wholly-owned arm of US-based chocolate maker Mars Inc, on Wednesday said it will invest Rs 1,005 crore to set up its first manufacturing plant in Pune.The company, which
Cummins to hire 500 engineers for global R&D centre in Pune
Engine and generator maker Cummins will hire about 500 engineers for a global research & development hub coming up in Pune, investing Rs 1,000 crore in that. It will be one of the largest technica
Snapdeal to hire 1,000 in next two quarters for regional push.
E-commerce firm Snapdeal plans to hire 1,000 employees - who know particular geographies well - for their regional centres in the next two quarters, in an attempt to help the company stay closer to lo
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