Under the Samruddhi Plan 2019, permanent employees in the grade L01 to L15 can buy equity shares of the company from open market by availing a loan provided by a ‘lending agency’. The interest thereon will be borne by JSW
According to the company’s management, the telco rolled out the minimum recharge plan for most of the country in December, however, certain set of customers in some markets may not have come into the new tariff fold because
But the addition to the headcount in 2019 could be less than 10%, says Randstad India MD and CEO Paul Dupuis, who points out the sector now faces several challenges.
HR consultants say that in the absence of benchmarks that assess skills and compensate employees accordingly, jobs in the manufacturing sector are not as remunerative as those in the services space.
The increased cost will now be made uniform across all the 22 circles, the company management told analysts a day after it posted a wider net loss at Rs 5,005 crore during the October-December quarter.
Budget has proposed several tax sops to incentivise purchase of second homes, and also announced relief for realty firms by extending tax rebate on development of affordable housing until next fiscal and not charging tax for
The pace of hiring in India Inc may have slowed over the past couple of years, but 2019 holds out promise for those who want to work in sunrise spaces. HR consultants are counting four lakh new jobs at the very least.
The company said the figures for revenue, EBITDA key performance indicators for Q1 and Q2 of FY19 are proforma figures and presented as if Vodafone Idea was a merged entity from April 1, 2018.
The unsold inventory in the country’s costliest real estate market –Mumbai Metropolitan Region (MMR) – continues to remain high with over 2.2 lakh units remaining unsold as of September 2018.
With limited resources and rising global population, the debate has to be centred around the efficient utilisation of these while providing employment opportunities and quality life.
Telcos are expected to let go of around 50,000-75,000 employees in 2018, according to one estimate by Randstad India. Others like TeamLease Services peg the number at an even higher 90,000.
To combat volatility in the capex cycles which impacts capital goods companies, Pune-based Thermax is venturing into new areas to make the company’s core business more resilient to it.
After a gap of four months, Reliance Jio has once again brought in a disruptive tariff scheme which will hurt incumbents Bharti Airtel and Vodafone Idea.
Even as users of steel bear the burden of higher costs, manufacturers are set to reap a bonanza on the back of strong prices and safeguards from imports. While the government was to have phased out the safeguard duties, these
Aditya Birla group company Hindalco Industries is betting big on the high margin automobile segment, and the recent acquisition of Aleris under the company’s US arm Novelis will increase this footprint further, while giving
Higher realisation driven by a sharp increase in steel prices helped domestic steel majors — Tata Steel, JSW Steel, Jindal Steel and Power (JSPL) and Steel Authority of India (SAIL) — to post better-than-expected earnings
High-margin value-added products are gaining traction with domestic metal companies as the demand for such products are growing from end-user industries such as automobiles and consumer durables.
Tata Steel and German industrial group Thyssenkrupp AG have signed definitive agreements to combine their European steel businesses in a 50-50 joint venture in a new company.
