Companies in India are expected to dole out an average increment of 7.3 per cent to employees this year amid faster-than-expected economic recovery and revival in business and consumer confidence, according to a survey. The first phase of the 2021 Workforce and Increment Trends Survey by Deloitte Touche Tohmatsu India LLP (DTTILLP) also said the average increment this year will be higher than 4.4 per cent seen in 2020 but lower than 8.6 per cent given by companies in 2019. As many as 92 per cent companies that participated in the survey plan to give an increment in 2021 compared to only 60 per cent last year.
The Indian IT services sector is scrambling to retain talent since digitisation-led transformation has increased the demand for a digitally skilled workforce. As a result, the pull for jobs for tech professionals is also coming from non-IT sectors, leading to higher attrition among IT companies. The average number of tech jobs from non-IT sectors has seen a 41 per cent uptick in March-May'21 versus March-May'19, according to data from Naukri.com.
The Ministry of Home Affairs (MHA) on Wednesday allowed cinema halls and theatres to operate with more people while swimming pools have been permitted for use by all in fresh COVID-19 reopening guidelines.
Infosys needs to be more innovative and disruptive with its product and services, keeping its focus on growth.
Making Bhutan his first foreign destination, Prime Minister Narendra Modi on Sunday vowed to nurture bilateral relations which he described as 'B2B - Bharat to Bhutan'.
'We urge the government to have discussions with private labs on the actual cost of running a test.'
Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.
Engineering product firms were among the first to embrace AI and machine learning. And the early adopters are reaping gains.
The silver lining is that after two years, e-commerce has emerged as the top sector with $689 million in investments across 15 deals, accounting for 43 per cent of all investments in January 2021.
Deepa Malik produced her best effort in her fourth attempt, a 9.67 metre throw to win the bronze medal.
While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.
E-commerce firms and sellers including Amazon and eBay have made recommendations to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021. This is because the existing policies on exports have catered largely to traditional, offline and business-to-business exports. Suggestions have been made to the government that through the FTP, it is important to create a conducive policy framework for e-commerce exports that lowers the entry barrier for small businesses to start exporting, according to the industry sources.
'The kind of jobs the advent of artificial intelligence, data science and so on are creating simply didn't exist before'
Credit Suisse said if the deal fructifies, then this will bring together the largest offline and online retailers in India.
An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.
Over 80% of graduate engineers passing out of universities in India are unemployable. With digitisation going mainstream, this skill deficit can be redressed through world-class training material, points out Ankit Shyamsukha, CEO, ICA Edu Skill.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership.
Bangalore Connection 1888 tries to reclaim a piece of the city's past.
The study, however, did not cover the extent to which Indians hold leadership positions.
'Irrespective of the price movement of gold, customers can lock in their purchase at Rs 28,000 per 10 grams of pure gold.'
Market cap of government companies has remained unchanged in the past 8 years.
Hotels are using a combination of platforms to reach out to the guests. These include online travel agents among others. hotels in India are offering guests an option to pay now and stay later.
Here's what India Inc expects from the Finance Minister.
Ecommerce firms will have it tough as govt turns down FDI proposal.
A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.
Don't spend your time trying to raise funds and then get demotivated by the rejection. Spend your time growing your company first, says Arjita Sethi.
State and UT governments have been given the flexibility to take a decision on re-opening of schools and coaching institutions after October 15 in a graded manner.
The next time you visit Alibaba.com, seeking professional advice on international marketing, you'll find a young Indian at your service.
Exporters say their capacity utilisation has reached almost 70 per cent and that big firms have brought it up to as high as 85 per cent.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
Muzammil Patel and Rahul Murthi will answer all your start-up queries.
Ex-AAP strategist Shefali Misra to join Uber as head of public policy
Reliance has significant investments in telecom, consumer retail and media businesses in India.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.
Every fifth phishing attack registered between May 2012 and late April 2013 targeted users of banks and other financial organisations.
In a statement, the Ministry of Home Affairs (MHA) said it has issued fresh guidelines for surveillance with regard to COVID-19 that will remain in force till January 31, as it asked the states and union territories to keep a strict vigil to prevent any rise in cases during the New Year celebrations and the winter season.
Walmart is waiting to understand as to how much multibrand retail might or might not move forward.
SmartCommute is a solution for employee commuting safety, which helps track employees and vehicles during regular commutes and also helps employees contact transport management teams efficiently in case of an SOS situation.
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