Besides job loss, the exit of the American cult bike maker would also lead to a loss of up to Rs 130 crore for the brand's dealer partners in the country.
Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'
India was ranked 70th of 77 countries in the Female Entrepreneurship Index 2015 released by London-based Global Entrepreneurship Institute
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
The banned Chinese apps, which include TikTok, Shareit and UC Browser, earn revenue mainly from online advertisements, subscriptions, and commissions for selling products. India is the biggest driver of these Chinese apps due to the population. The ban on the 59 Chinese apps will negatively affect the valuations of the companies, especially those going for IPO.
India, which constituted over 13 per cent of Accenture's global headcount of 115,000, is its second largest geography in terms of the number of people employed after the United States.
United States Citizenship and Immigration Services, which is the federal agency responsible to process the visas, on Monday started accepting applications for H-1B visas for the fiscal year 2019, beginning October 1.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
HR Guru Mayank Rautela offers practical advice.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Without disclosing reasons, ICRA informed the stock exchanges on Thursday, 'The board, after due consideration and taking into account the best interests of the company and its various stakeholders, has decided to terminate the employment of Takkar with immediate effect.'
These graduates will have the opportunity to spend a year training and working for TCS at its Innovation Labs and software development centres across India between 2016 and 2020.
India's Internet economy has two choices: An immediate $30 billion Sale-and-Leaseback or a $3 trillion value harvesting over decades, observes Vibhu Arya.
The note was authored by Faraz Syed, an associate economist with Moody's Analytics.
Lower numbers signal that that companies, especially the technology services firms, are steadily reducing the dependency on non-immigrant visas.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
67 companies with total debt of Rs 5.65 lakh cr were either loss-making or didn't generate enough profit to cover interest cost in FY15
In Hyderabad, it plans to hire in the areas of finance accounting, transaction processing and technology, among others
HR Guru Mayank Rautela offers practical advice.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
The new Cabinet member says growth cannot come unless all sectors of the economy -- agriculture, manufacturing and services -- expand.
Want organisations that focus beyond top line.
Apart from skill development, employees are considering work-life balance.
The problem, says Chandrasekaran, arises from the lack of access to services, including healthcare, education and financial services.
With the BJP continuing to be the constant combatant, centrifugal pressures will rise. Fractured relations between the Centre and the states as between BJP and non-BJP ruled states is a sizeable risk owing ahead, warns Shekhar Gupta.
Industry believes economy could grow well but worries about hampering by lack of infrastructure.
The struggling steelmaker said the sale includes several South Yorkshire-based assets, including electric arc steelworks and bar mill at Rotherham, steel-purifying facility in Stocksbridge and a mill in Brinsworth.
Paul Hermelin, group chief executive officer of Europe's largest IT services firm, Capgemini, is one of the earliest proponents of the offshoring model.
The government had on Wednesday issued a statement dismissing report of Moody's Analytics.
Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.
'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.'
You cannot say Railways' problems will be solved by privatisation. The solution should be an outcome based approach. Very few railways in the world are privatised, Prabhu said.
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
Nine out of 10 Indian employees in an international workplace survey said they feared that their current skills would be outdated within five years and felt that more training was vital to remain competitive in the job market. Baby Boomers (aged 48-65) are most worried about the level of training they receive with 43 per cent stating that the same was not sufficient to upgrade skills and advance their careers, the survey indicated.
The ministry of electronics and information technology is working on creating a software product council, including members from the government, academia and industry that will work on implementing a software products mission.
Babajob.com is trying to help unorganised blue-collar workers get better employment.
'I am most excited about a new video production solution for large organisations -- think Fortune 500 companies -- that have distributed teams, many of which are based in India.'
Bigbasket's founder V S Sudhakar said his company was reengineering its supply chain to allow for faster delivery to its resellers and to reduce the time from farm to customer.
