According to the Manpower Employment Outlook Survey, about 27 per cent of Indian employers said they would expand the workforce in the April-June quarter, primarily driven by ITeS and IT sectors where employer hiring intentions appears to be improving.
Hiring activity witnessed a 6 per cent year-on-year growth in March this year, supported by a rebound in economic activities and led by sectors such as banking and telecom, according to a report. However, there was a marginal dip of 2.4 per cent in hiring activity as compared to February, owing to the appraisal season, according to the Monster Employment Index (MEI). "Two years into the pandemic, it is heartening to see that the Indian economy has overcome setbacks and challenges with hiring momentum exceeding pre-COVID levels by 6 per cent this year compared to 2020," Monster.com, a Quess company, CEO Sekhar Garisa noted.
Companies feel higher rates in India would not be justified.
Indian American appointed executive-in-residence of top US varsity
"I think the Governor has been doing a great job for the country and we would certainly see it as a very positive move if he were reappointed," Naushad Forbes, president, CII.
'Birla only made representations to then PM for coal blocks allocation.'
According to the quarterly Business Confidence Survey for the third quarter of 2012-13 by the Federation of Indian Chambers of Commerce and Industry, there is an expectation of higher sales and profits in the first half of calendar year 2013.
Corporate legal cases kept India Inc on its toes in 2014 as high stake matters on coal, telecom and mining came up in the Supreme Court, which also sent Sahara Group chief Subrata Roy to jail.
National Medical Commission regulations prohibit Indian medical students overseas to transfer programmes from one university to another mid-way.
Indian Industry leaders are elated that the Congress government has returned to power. Here is a wishlist of Cabinet ministers.
Six Indians were killed when a van in which they were travelling to visit Niagara Falls spun out of control and crashed into another car in Erie County in the US state of Pennsylvania. The mishap took place in West Springfield on Sunday, the police said. At least four of the dead were working with Michigan-based information technology firm Syntel Inc.
There were no safety concerns arising from the study data and Covovax is safe and immunogenic in the adult population, Prakash Kumar Singh, Director, Government and Regulatory Affairs at the Serum Institute of India (SII), is learnt to have said in the application sent to the DCGI.
The lesson for Indian corporations, which otherwise like to pride themselves on adopting global best practices, is corporate America's proactive activism.
The Indian Cellular Association, which bands some 20 handset makers such as Nokia and Motorola Inc, expects Indians to buy 4.4 mn mobile phones in 2002 and 9.5 mn units next year.\n\n\n\n
For Indian CEOs, the US, China and the UK are important markets.
Manish Maheshwari has been asked to appear at the Loni Border police station here within seven days to get his statement recorded in the case in which an FIR was lodged against the social media giant also, a police official said.
India Inc is encouraged by a determined Budget.
In a significant move, markets watchdog Sebi on Tuesday decided to implement the requirement to separate the positions of chairperson and managing director at listed companies on a voluntary basis and not make it mandatory for now. The development also comes against the backdrop of Finance Minister Nirmala Sitharaman recently saying the regulator should hear if Indian companies have a view on the matter even as she made it clear that she was not "giving a diktat". The top-500 listed entities were required to split the roles of chairperson and managing director/chief executive officer before the April 2022 deadline.
A Silicon Valley IT company in the US has been ordered to pay $40,000 in back wages to eight Indian workers who worked up to 122 hours a week and received as little as $1.21 an hour.
The best-selling device is priced between Rs 30,500 and Rs 50,900 in the Indian market.
In a communication to the empowered committee on PLI recently, the Indian Cellular & Electronics Association (ICEA) has stated that except one player (Samsung), all the other eight players (which include vendors of Apple Inc) selected under the scheme were facing numerous challenges in fulfilling the qualification criteria.
Pune-based Bilcare Ltd has acquired a US-based pharmaceutical service and packaging company ProClinical Inc.
Flipkart Group on Monday said it has raised $3.6 billion (about Rs 26,805.6 crore) in funding led by GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2 and Walmart, valuing the e-commerce giant at $37.6 billion. The company, which competes with Amazon, Reliance Industries' JioMart and others in the burgeoning Indian e-commerce market, said it will continue to make deeper investments across people, technology, supply chain and infrastructure to address the requirements of a rapidly growing consumer base in the country. The current funding round has also seen participation from sovereign funds DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad as well as marquee investors Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global.
The global Indian company has hit gold in the Emirates of the Gulf.
The conspiracy with which Patel and Mohta are charged carries a maximum potential penalty of five years in prison and a $250,000 fine.
According to a Thomson Financial research, no Indian investment bank figures in the top ten list of the M&A deals that was struck this year, which was topped by UBS.
"Indian business is ready to face the brave new world of globalisation. China is an important part of that brave new world. We must engage China and learn to both compete and cooperate," Singh, who began a three-day maiden visit here, said at a brainstorming session with the business delegation accompanying him, ahead of the Sino-Indian business summit on Monday.
Walmart-owned Flipkart on Thursday said the company is in compliance with Indian laws, including FDI regulations, and will cooperate with the Enforcement Directorate on the notice sent to the e-commerce major. The Enforcement Directorate (ED) has issued a show cause notice of Rs 10,600 crore to Flipkart and its promoters for alleged violation of the foreign exchange law, official sources said on Thursday. When contacted, Flipkart said it is in compliance with Indian laws and regulations, including FDI regulations.
Apple is also expected to announce plans for a startup accelerator in India to work more closely with the Indian developer community that works on the company's iOS and OS X software platforms
Agnipath may be an exercise to address the genuine needs of the armed forces. But overall, it betrays the tendency to use the military and paramilitary for employment generation and shaping a national character, instead of treating them as the professional services they are, notes Shyam G Menon.
To mitigate the impact of the economic slowdown on their businesses, a majority of Indian firms have implemented significant cost reductions and are reviewing their operational effectiveness, a PwC survey says.
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare?
Google Inc. founder-director Kavitark Ram Shriram and Bose Corporation Chairman Amar Gopal Bose have both moved up the rankings in the list of Forbes' 400 Richest Americans.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
'Our advice is to put money into equities now rather than staying away.'
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