Amazon India is waiting for clarifications from the government on several aspects of the latest FDI guidelines to be able to carry on with business in the country. Sources said, no new investment is likely till at least the second half of 2019.
India has again emerged as the most bullish country in terms of hiring plans, with 25 per cent of the employers intending to recruit people in the next three months.
While amending the rules on the suggestions of the Election Commission, the ministry also allowed "COVID-19 suspected or affected persons" to use the postal ballot facility.
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.
India Inc's staff cost went up by 11.2 per cent during January-March last fiscal growing at a lesser pace than the previous three quarters of 2008-09, reflecting the economic slowdown, according to an RBI study.
In a letter to the prime minister, the country's largest body of doctors said only an 'inclusive national solatium' for all doctors who have lost their lives fighting the pandemic would render justice to the sacrifice of their families.
'It seems unlikely that a recruit will make a useful contribution as member of a combat unit.'
This was the one Budget that required radical departures on all these fronts, when it had none, asserts, Shreekant Sambrani.
Availability of jobs at India's auto companies has shrunk significantly over the last two years, as the industry goes through one of its worst slowdowns. More than 60 per cent of the total workforce fell by 24 per cent in 2019-20, against 2017-18.
These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
'People have been flying for years on the basis of a police clearance and an airport entry pass.' 'Then they came out with a convoluted thing -- that your police clearance must be from your place of residence.' 'Now if a pilot is sitting in Delhi but is from Timbuktoo, the papers will have to come from there.' 'So at any point, you have a certain number of pilots sitting on the ground because his AEP has expired and the papers haven't come.' Revealed: India's bizarre processes to get pilots to fly planes.
Coimbatore Krishnarao Prahalad, the guru of post-modern management, on Thursday threw the dream of leadership in the new world order by 2022 at a large and influential section of India Inc.
Global IT major Accenture said that it plans to increase its India headcount to 50,000, from the present 37,000, within a year.The company operates 45 delivery centres across five continents with more than 75,000 people. Its India delivery centres are located in Bangalore, Chennai, Hyderabad, Mumbai, Pune and Gurgaon in National Capital Region of Delhi.
Pakistan has pressed its demand for an atomic deal similar to the one granted to India by the US, saying the security of its strategic assets and growing energy needs qualify it for "civil nuclear cooperation at the international level".
The strengthening of the Mountain Strike Corps is part of the steps taken by the force to rebalance its focus more towards the Chinese border from the western front with Pakistan.
Under its Agile business model, the company has started using its off-shore base up to the extent of 90 per cent which, along with several other measures, will benefit its operating margins, said Chief Operating Officer N Ganapathy Subramaniam.
The centre is expected to enhance our existing in-house research and development resources.
Amid a scare about the spread of the Omicron variant, Delhi recorded 331 fresh coronavirus cases on Monday, the highest single-day rise since June 9, and one death in the past 24 hours, while the positivity rate mounted to 0.68 per cent, according to data shared by the city health department.
Digibank will offer only savings deposits initially, but will expand to include investments and lending in the coming months.
Amid rising coronavirus cases in India, the government has asked people not to panic, saying no community transmission of the virus has been observed and there has only been a few cases of local transmission so far and that it is "not a health emergency" in India at present.
The labour force at large has turned less needy, due to various government financial incentives and freebies.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. The auto major was supposed to take the shutdown at its two plants in Gurugram and Manesar in June, but due to the tsunami of COVID-19 cases, it decided to take it one month earlier to save oxygen for medical needs. MSI noted that as part of the car manufacturing process, it uses a small amount of oxygen in its factories, while relatively much larger quantities are used by the manufacturers of components.
Prime Minister Narendra Modi on Wednesday asked states to make full use of the expanded COVID-19 testing capacity and saving lives a top priority as India recorded the highest ever spike of 2,003 coronavirus deaths after Maharashtra and Delhi added earlier fatalities not attributed to the disease.
Amid a surge in COVID-19 cases in the country, the Indian Medical Association has written to Prime Minister Narendra Modi suggesting that vaccination be allowed for all people above the age of 18 years.
"The Indian Medical Association has requested all its 3.5 lakh members in 1,800 local branches to voluntarily come out to get vaccinated first to show the world that these vaccines are safe and efficacious," it said.
Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.
Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
Work laws in India, including stringent permits and bureaucratic redtape and delays in getting jobs are discouraging foreigners seeking employment in the country, which is at present suffering a severe shortage of skilled workers, says a new study.
Hiring expectations of Indian employers remain the strongest of the 23 countries and territories surveyed. \n
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
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