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.
With the entry of Reliance Jio with VoLTE technology, the incumbent operators are under pressure to move to this technology at a rapid pace and also increase their cell sites, all of which necessitates a rise in capex.
Continuous focus on sale of non-core assets to reduce the debt burden seems to be reflecting on the improving net debt-to-equity ratios of most infrastructure developers.
Improved demand and higher price realisation helped domestic steel majors Tata Steel and JSW Steel to post better than expected earnings for the three months of January-March 2018.
According to annual reports of companies, TCS saw net additions declined to a five-year-low in FY18 to 8,000 versus 33,000 net additions in FY17 and 24,000 in FY14. Infosys Group made employee net additions of 3,743 in FY18,
The pick-up in domestic demand augurs well for the domestic metal industry. Hindalco Industries managing director Satish Pai tells FE’s Shubhra Tandon that the outlook looks robust; however, possible dumping of metals into
