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.
Work from home to spur contract hiring in small cities
Contract staffing in Tier 2 and 3 cities is expected to see an increase now that companies are more open to employees working from anywhere, even their homes.
Thermax looks to focus on clean energy, water and air
In terms of the kind of projects that customers are getting started on, I think private players are opening their chequebooks for projects which have less than three years payback and projects that have a sustainability impac
JSW Infra plans to meet cargo handling capacity two years ahead of schedule
Arun Maheshwari, joint managing director and CEO told Financial Express that since 200 MTPA is looking feasible, the company is getting back to drawing boards and would like to take the target to a higher level which the comp
A fair deal for the fair sex: Women take up jobs left by migrant male workers
Sudeep Sen, business head, TeamLease Services, told FE that e-commerce and warehousing companies are now open to enrolling women, having realised they are equally capable of doing the job.
Hiring picks up pace in October, more companies embrace work-from-home as permanent feature
Full-time remote job openings also grew to 3,000 in October from 2,000 in September, as more companies could be embracing work-from-home as a permanent feature.
L&T to back another package in Bullet Train project
The contract will be awarded by National High-Speed Rail Corporation (NHSRCL). This comes close on the heels of the company getting Rs 24,985 crore package in the same project, which is also the largest ever contract bagged b
Don’t think auto sector demand will weaken in Q3, Q4: Seshagiri Rao
Seshagiri Rao, Joint Managing Director and CFO, JSW Steel, tells Shubhra Tandon that the growth momentum will continue in the second half of the year.
The worst is over, says JSW Steel
In Q2FY21, JSW Steel recorded 61.6% increase in Ebitda at `4,414 crore, and margins surged a good 740 basis points to 23%.
The worst is over, says JSW Steel
JSW Steel, the country’s second-largest steel maker, believes the worst is over, as there is an all-round improvement in demand across user industries, led by the automobile sector.
Dull Diwali for real estate: Few festive treats for home buyers
Godrej Properties and Oberoi Realty told FE they’re staying with the properties already in the market and have nothing new this time. Others such as the Runwal group are merely offering new phases in existing locations.
UltraTech Cement CFO: Rural markets, govt spends on infra driving growth
Atul Daga, chief financial officer, UltraTech Cement, tells Shubhra Tandon that operations are back to pre-Covid levels and cement demand will continue to remain strong driven by rural demand and government’s push to infras
Path to Revival: Strong demand for blue-collar workers, full-time jobs on offer
Maximum job creation will happen in Bengaluru, followed by Hyderabad, Delhi and Mumbai. Chennai is projected to end the year at 100% of its Q1 demand while Mumbai, Hyderabad and Bengaluru will recover greater than 70% of dema
Telecom operators expected to see stable Q2, say analysts
For Vi, the brokerage expects the revenue to increase by 2% q-o-q. According to BofA while Vi is estimated to continue to lose subscribers, the pace of subscriber loss is reducing.
Good news job-seekers! Hirings are back: More full-time options as confidence rises
Page told FE the main reason for this is that with companies re-aligning themselves with the new normal, there has been a need for new talent. Also, companies have understood the current conditions will continue for some time
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