While margins contracted by 30 basis points on y-o-y basis, they fell a sharper 120 basis points on a sequential basis to 16.8 per cent. Profitability was impacted adversely due to subdued demand, tepid realisations in commodity sectors, and negative operating leverage.
'30 to 40% of the industry needs to be reskilled as existing jobs will go to automation.' 'Reskilling is required as some existing jobs will not be required in the future.'
Learn to plan, organise, create and execute independently, Devi Singh, Vice Chancellor, FLAME University shares advice.
Indian companies are expected to give an average 11 per cent salary hike this fiscal as firms increase their strategic spending, says a survey.
With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
From digital advertising to data science and web designing, some of these skills may help you advance in your career.
India is likely to witness a moderate salary increase of 7.25 per cent this year after registering years of double-digit growth as recession is affecting the pay, benefit and job prospects for employees, global human resource consultancy firm Hay Group has said.
The proposed e-commerce rule book issued recently by the ministry of consumer affairs does not mention foreign companies or foreign direct investment (FDI) at any place, unlike most other government guidelines for the sector so far. That is a heartening development since the latest proposals could be fine-tuned as e-commerce policy.
Even devices such as connected lights, doorbells -- even garden sprinklers -- are all at risk from attackers who can remotely, or even physically, access them to dump firmware, warns Nir Chako, security research team leader, CyberArk, a security software company.
'What has gained prominence are 'human' skills like creativity, originality and initiative, critical thinking, persuasion, and negotiation, as well as attention to detail, resilience, flexibility and complex problem-solving.'
Rather than going through the tedious, hit-or-miss process of physically designing hull forms and superstructures for warships and then determining how visible they are to radar, the company will simulate this process on supercomputers.
According to Kelly Services' annual Indian Salary Guide 2013-14, mid to senior level recruits in key sectors will get good salaries and double-digit hike even amidst challenging economic conditions.
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
Here's the full text of address to the nation by President Ram Nath Kovind on the eve of the Republic Day 2022.
The Reserve Bank on Monday asked all banks and financial institutions to assess the impact on their balance sheet, asset quality, liquidity, among others, in the wake of the potential threat arising out of the spread of coronavirus disease in India. Several confirmed cases have also been detected in India, which highlight the need of a co-ordinated strategy for handling the emerging situations to protect the resilience of the Indian financial system, RBI said in a notification addressed to banks, urban cooperative banks, NBFCs, payment and small finance banks.
'It is important that students not focus on the remuneration that the job fetches in the first year, but look at the next 5 year journey with that job role.'
If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.
The government on Saturday issued a notice to Twitter giving it one last chance to 'immediately' comply with the new IT rules and warned that failure to adhere to the norms will lead to the platform losing exemption from liability under the IT Act.
One of Britain's leading daily newspapers, The Independent, on Friday announced it will end its print edition and switch to 'digital only' mode from next month amid falling readership.
The pension fund managers distribute products under the National Pension System.
The EPFO launched one-page simplified forms for withdrawal.
'We are not laying any of our team off. We cannot do that especially at this time.' 'It will be hard for them to find other jobs now and we will not let our team down now.'
Either drivers were blissfully unaware of the requirement or they hadn't bothered to get one installed in their vehicle.
Two-wheeler firms' profits to slow down following a double-digit decline in sales.
The advertisement with the PM's face has not amused social media. In fact, it wondered if the usage of the image was even legal.
The bank is also working on a three-year business plan, nearly coinciding with the time its new chairman Rajnish Kumar would be in the corner office.
'The government should put the whole road map together for the vaccine and decide how industry can support...' 'They should allow the private sector to vaccinate.'
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
'The aim of issuing these guidelines is to instil COVID appropriate behaviour to contain the spread of the disease while allowing social and economic activity'
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
'The skills and abilities of civil servants are still respected, even though they become whipping boys when things go wrong.'
The Q3 office rebound growth was led by Bengaluru and Hyderabad, which together accounted for nearly 80 per cent of the net absorption in Q3.
