‘2021 has made it clear future of work is hybrid’
There is a huge bump in hiring of cyber security people as many companies adopt work from home (WFH).
Coronavirus woes: Hiring momentum slows in April
While hiring activity across experience bands saw an average decline of 13% in April with the 0-3 years’ experience band being the most hit witnessing a decline of 19%, fall in hiring for 13 plus years’ experience was muc
Hindustan Unilever Q4 profit jumps 42% to Rs 2,143 cr, volumes grow 16%
The company’s profits jumped 41% year-on-year during the quarter to Rs 2,143 crore, ahead of Bloomberg consensus estimates of Rs 1,968 crore. Revenues rose a sharp 34% y-o-y to Rs 11,947 crore again beating estimates of Rs
Maruti Suzuki Q4 profit declines 9.7%
However, he said it would be difficult to predict how the rest of the quarter would play out. “Nobody knows what will happen and what conditions or restrictions might be imposed. I would not like to make a forecast for the
Digital Transformation: New-age tech skills see rise in demand
Ravish Agrawal, co-founder and CEO, Able Jobs, observed that while engineers are being hired to build the infrastructure, sales and support roles are also important given there are several first-time users of the platform who
Jobs 2021: More temporary staff in demand, fewer permanent jobs on offer
According to Alok Kumar, senior director, Manpower, such senior professionals are taken on as consultants for specific projects for a specific period.
Hiring momentum continues to grow touching 2.9-lakh mark in March
The second wave of the Covid-19 pandemic failed to cast a shadow on the hiring momentum in March as the count of active jobs, refreshed and accepting applicants reached the 2.9-lakh mark, against 2.6 lakh in February 2021.
Job Market: Freelance profiles find more takers
Numbers support the trend too. Jobs portal platform Indeed, analysed the freelance job market in India between January 2019 and 2021 revealing that there is a 22% jump in hiring in January 2021 compared to January 2019.
Mahindra Holidays sees growth in domestic leisure tourism, plans Rs 1,200-cr infra boost
Singh said the company would be following a healthy-mix of owned and asset-light strategy, whereby 55-60% of rooms will be owned by the company and the remaining 40%-odd will be on long leases.
Rewards 2021: More companies would be willing to roll out increments; better pay hikes for top achievers
Despite better increments, for the majority of companies, the increase in the wage bill would be equal or less than the budget for salary hikes; this suggests they’re taking a hard look at their team strength.
Reviving capex: ‘We will have to bank on govt-led projects’
As we have said in the past, we will aggressively pursue our strategy of focusing on our core segments and exiting from businesses that are non-core for us.
Pandemic experience has made us more resilient and accelerate future readiness: Tata Steel’s Chatterjee
Once it's complete, we would have simplified the India business into four clusters (long products, downstream, mining and utilities & infrastructure) to drive scale, synergies and simplification.
Hiring momentum continues to remain on track in Feb
According to Xpheno, a Bengaluru-based specialist staffing firm, the count of active jobs, refreshed and accepting applicants in February 2021 marginally shrunk by 2% to reach 2,60,000, as against 2,65,000 in January 2021. Th
More jobs for blue collar workers in retail, e-commerce
Indeed, many more employers are in the market today, about 1,107 compared with 774 in the last six months.
After a bit of a dip in December, jobs market gathers pace again
Part-time openings in January have been the highest for FY21 so far, albeit on a small base. In addition, the number of openings for full-time remote jobs moved up to 7,000 in January, up 40% over December, 2020.
Union Budget 2021: Investments in REITs, InvITs made attractive; capital raising easier
Union Budget 2021 India: The trusts can now raise debt capital at competitive rates, while dividend payment to REITs and InVITs have been exempt from tax deducted at source (TDS).
Demand for top-level talent shows uptick
“The job churn also allowed companies to hire relatively experienced talent at affordable costs especially in non-IT roles, lowering the demand for entry level roles,” he explained.
‘Next year will be far better; we will pick up demand lost last year’: JSW Steel joint MD and group CFO
I do not see steel prices going up, but there may not be a big correction downwards. The reasons for that are few. The supplies are expected to go up from countries like Japan, Korea, Russia, which was not the case in 2020. S
‘Telcos expected to see growth for 2nd quarter in a row’
Wireless service providers’ revenue is set to improve in Q3FY21 on continued subscriber addition, analysts at Axis Capital observed. “Arpu to improve driven by upscaling (migration to 4G from 2G). Margin to improve from r
Godrej Fund Management mulls launching REIT or core fund
The fund will be focusing on investments in office projects in Mumbai, NCR, Bengaluru and Pune. This is the third India focused office venture and fifth overall, sponsored by GFM.
Hiring Slows: Fewer full-time job offers in December
Meanwhile, the trend of fewer opportunities being generated in the top five metro locations persisted with their contribution to the total active job counts at a low 28%, down from the earlier highs of 51% in September.
‘Growth momentum likely to sustain since the deal pipeline is healthy’: V Ramakrishnan, CFO, TCS
Adoption of cloud to reimagine processes within the company and drive efficiencies is also on the rise, so the margins should remain resilient.
WFH to spur tech hiring this year
In terms of salaries too, it is expected to be a good year for people with these skills. The current salary ranges in the Rs 20 lakh per annum bracket for a talented person with 5-7 years of experience.
Cheque it out: Hiring to pick up in 2021
Right now it’s India’s domestic companies that are adding to their teams and they are expected to continue to do so in 2021.
Hiring momentum stabilising with overall job openings, November data shows
The recovery in hiring activity is becoming broad-based with the job market in the non-tech sectors also looking up, LinkedIn said in a recent survey.
Blue collar workers back in demand: Hiring rise majorly in sales, delivery, cab hailing services
These employees are responsible for various activities from greeting customers, offering assistance and suggestions, lending opinions and providing product information.
Some support from UK govt required to make business self-sustaining: Narendran
TV Narendran, CEO and MD, Tata Steel, tells Shubhra Tandon that the company has communicated to the UK government of reaching a solution sooner than later, however, no time lines can be fixed as yet.
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