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Shubhra Tandon

Articles By Shubhra Tandon

425 Articles

Technology sector scouts for senior talent

Tech start-ups accounted for 45% of the moves, while IT services emerged second with 32% of the moves. Tech products sector added 5%, while senior tech movements in consulting sector contributed 3%, followed by GICs at 2% of

Xpheno mapped and analysed the movement of 300 CXOs on enterprise and personal professional demographic dimensions.

5G isn’t just about high speed, but also about fast data, high security: Priyanka Anand, V-P & HR head (South East Asia, Oceania & India), Ericsson

The whole pace for how we prepared for 5G got accelerated because of the Covid outbreak. To me, 5G is the underlying technology that can bring this whole thing around low latency that creates seamless experience for people.

Priyanka Anand, vice-president and head of HR (South East Asia, Oceania & India), Ericsson

Real estate revival: It could be a cracker of a Diwali for builders

Samantak Das, chief economist, JLL observed that if the impending Covid-19 wave can be contained consumer sentiments would improve further with the festive season.

Real Estate

Mumbai property registrations on the rise, expected to break 10-year record

FE had recently reported that Mumbai Metropolitan Region (MMR) alone, is expected to see two million sq ft of launches in the coming festive months with 25-30 big launches planned, having inventory worth Rs 3,750-odd crore.

The rise in sales momentum can also be attributed to the aggressive launch pipeline that the developers have lined up with the start of the festive season earlier this month with ‘Ganesh Chaturthi’.

‘Medium-to-long-term environment looks positive for organised developers’

Kamal Khetan, chairman and managing director, Sunteck Realty, tells Shubhra Tandon that the company has taken advantage of the government’s concession scheme for approvals and will lead to a total savings of Rs 250 crore. E

Kamal Khetan

Auto sector hiring to pick up pace with EV push; 1L jobs seen in a year

With companies like Ola Electric, Mahindra Electric, Tata Motors, TVS, Hero and other automakers having aggressive launch pipelines, hiring for roles in research and development, supply chain, HR, finance, sales and marketing

Real Estate trends: Housing supply and demand set to grow this festival season

In Mumbai Metropolitan Region (MMR) alone, consultants expect 2 million sq ft of launches in the coming festive months with 25-30 big launches planned.

The current year is expected to witness Hyderabad surpass the 200-mark on the affordability index followed closely by Pune.

Culture of an organisation will drive decisions on remote/hybrid work: Nitin Sethi, CEO (human capital solutions), Aon, India & South Asia

There are industry nuances to this, product tech companies are more likely to drive much more flexible/ virtual models, however, industries that are sales heavy, operations heavy would want people to come back to normal worki

There is a section of employees who enjoy the remote working model and its benefits.

‘We are specially focused on consumption-led sectors’

Rampraveen Swaminathan, managing director and CEO of Mahindra Logistics Ltd, told Shubhra Tandon that the company has significant investments lined up from warehousing business as well. Edited excerpts:

Rampraveen Swaminathan

Recovery road: August hiring up 26% on surge in full-time jobs

The good news is that full time opportunities contributed to 94% of the overall active jobs.

Recovery road: August hiring up 26% on surge in full-time jobs

Demand rises for blue-collar jobs: Ahead of festive season, hiring sees 27% spike over Aug-Oct 2020

Temporary employment has seen a 20% increase ahead of the festive season to address the pick-up in consumer activity, according to Indian Staffing Federation.

Xpheno mapped and analysed the movement of 300 CXOs on enterprise and personal professional demographic dimensions.

Upsides of price increase in steel to reflect in subsequent quarters: Koushik Chatterjee, CFO, Tata Steel

In many ways it is already visible through the transformation programme and will get more accelerated once the separation of Tata Steel Netherlands and Tata Steel UK happens in the third quarter of this financial year.

Koushik Chatterjee, executive director & CFO, Tata Steel

Growth revival: Hiring gains momentum, outpaces pre-Covid levels in July

Kamal Karanth, co-founder, Xpheno, said the closing figures for July matched those for March 2021 and were the highest count over the 12 month period. However, the growth in July is more broad-based versus that in March, whi

The Indian job market registered an 11% growth in July over June when it grew 15%. This is the second straight month of growth after a pandemic-linked fall in April and May 2021.

Flexible Approach: Contract hiring on the rise in IT and business process management sector

In FY21, the ITBPM sector added 14,486 contract staffers, a jump of 42% over the levels in FY20. That jump could be 50% in the current year taking the net additions to nearly 22,000.

These contract staff numbers do not include those on contract for support functions like HR, recruitment, operations and finance; if they are included, the numbers would go up by at least 30%.

Demand for digital skills drives up attrition in IT sector

The attrition rate in the IT sector was the highest among all industries in India at 8.03% in the April-June 2021 period, followed by educational services at 7.45% and knowledge process outsourcing at 7.38%, according to the

Sectors like financial services, fast-moving consumer durables and power and energy have only moderate intent to hire, with financial services at 36%, Fast Moving Consumer Durables at 35% and power & energy at 33%.

JSW Steel electrical steel facility plans to get fillip under govt PLI scheme

On July 22, the Cabinet approved a Rs 6,322-crore PLI scheme to boost domestic output of high-grade speciality steel, which accounted for 60% of India’s imports of the metal last fiscal and brightens the prospects of the lo

The Ebitda (earnings before interest, tax, depreciation and amortisation) was also the highest-ever at Rs 10,274 crore, with operating margins coming in at 35.5%.

Telcos to report subdued Q1 on pandemic woes

“We expect 1QFY22 to be impacted by the second wave of Covid-19, which would moderate the pace of customer acquisition,” analysts at Credit Suisse said in a note.

The move in the short run – if 5G auctions are held next year in March – would help Bharti Airtel and Reliance Jio in lowering their SUC payment. However, a similar gain may not come through Vodafone Idea's way.

Despite declining trend, Covid-19 impact muted on MMR, Pune residential prices

In comparison, the fall in prices over the last one year has not been much, with MMR seeing a decline of 2% in H1 2021 versus H1 2020, and Pune a decline of 1.5% during the same period.

The findings are a part of ‘India Real Estate January-June 2021’ report by real estate consultants Knight Frank India.

Looking Up: Firms step up hiring as business activity resumes

Retail, hospitality and travel industries which have been the worst hit with the pandemic also witnessed sharp increase in hiring activity during the month.

hiring, jobs india

New virtual learning models emerging for skills to support digital workplace: Rajiv Kumar, VP, SumTotal Systems India

Several organisations have adopted digitisation and enabled remote working, but is that enough for the future of work? Answers Rajiv Kumar.

remote working, wfh

We are sharpening residential footprint in Mumbai and Pune: Arvind Subramanian, MD & CEO, Mahindra Lifespaces

Accounting standards require us to recognise a project only when the project is completed and until then it shows up on balance sheet and does not show up on P&L.

RIL AGM: Jio-Google’s ‘most affordable’ smartphone to debut in September

The partnership with Google for developing an affordable smartphone was announced by RIL in its AGM last year.

While the 2G-Mukt objective will be achieved with the launch of the most affordable 4G smartphone, developed in partnership with Google, on September 10; the 5G road map would be a combination of Google Cloud and Jio's homegrown technological solutions.

Long-Term View: It is about creating more productive jobs, says CII’s new president TV Narendran

Government has done a lot on ease of doing business compared to what it was few years back, but effective tax rates in India are still very high. This is not just about corporate tax.

TV Narendran, MD &CEO Tata Steel

FY22 will be better than FY21 for real estate: Irfan Razack, Chairman, Prestige Estates Projects

Both are happening. Between January and April, Bengaluru leased about 3 million sq ft, out of which share of our company is 750,000 sq ft even rent collection is 98-99%, so we are pretty stable.

Logistics sector ups hiring to keep pace with booming e-commerce

HR consultants say hiring is in full force for every role--delivery executives, pickers, packers, loaders, drivers and of course customer service executives. Teamlease estimates the industry workforce at more than 40 million.

ecommerce, flikart, amazon

Hiring remains flat in May, tech hiring at all-time high

Pawan Goyal, chief business officer, Naukri.com said, “It is encouraging to see a much lesser impact of the second wave of the pandemic on the job economy versus last year. Hiring numbers remaining flat in May signals resil

As many as 76 per cent of the job seekers surveyed did not receive COVID-related benefits/compensation packages or mental health support.

Outlook on recovery as clear as mud as lot of things are positive: Ashish Bhandari, MD & CEO, Thermax

April started off very well, in line with February and March. In May, we started to see slowdown across the country, which this time around was more pronounced than when we opened up post lockdown in June of last year.

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