The company, which had earlier this month slashed prices of its products by up to Rs 2,000 a tonne, said it may remain steady.
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 Manpower Employment Outlook Survey released on Tuesday also said that hiring activities are picking up in some sectors on the hopes of 'business sentiment turning positive in anticipation of a stable government coming to the helm'.
Given that people have been reluctant to order cooked food - which worsened due to a couple of cases of delivery personnel testing positive for COVID-19 - food delivery platforms have included grocery delivery as part of their services.
It also expressed confidence that the cleaning operation will be finished in a couple of days.
"Temporary recruitment may overtake permanent in the short-term, with employers preferring the flexibility of being able to add or remove staff from their payrolls as needed," Manpower India Managing Director Naresh Malhan said. Citing the global economic turmoil, many employers around the globe are trying to find ways for containing costs and are cautious about hiring decisions by making do with the people they have.
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
Domestic steel giant SAIL sees its workforce shrinking by up to 7,000 this fiscal as it continues with the rationalisation of manpower aimed at reducing employee cost by Rs 3,50,000 crore (Rs 3,500 billion) per annum.
Rs 111,294 crore has been allocated for army salaries. The Rs 113,278 crore allocated for army pensions surpasses that. Army planners are worried about this drain on funds that could otherwise go towards equipment modernisation.
In the light of the current economic slowdown, what raise do you expect?
A bench headed by Chief Justice S A Bobde was informed by Solicitor General Tushar Mehta, appearing for the Centre, that a final decision would be taken in consultation with the Railways, Delhi Government and the Urban Development Ministry.
With the gradual opening up of shops, hotels, restaurants and catering services with limited number of participants, milk consumption has improved by 5-10 per cent from the lowest level.
Top companies reported that despite most of them making staples and essential products, movement of raw material, goods and labour remained restricted, impacting sales.
How do you decide if you should take up a new job in these difficult times? HR guru Mayank Rautela has some tips that could help you decide.
Experts feel that mall owners anticipate an increase in costs to the tune of 15-20 per cent annually, prompting a mixed response to the '24 hours' initiative. A mall owner said while the policy is good in spirit, implementing it would be a challenge as night shopping or eating out wasn't a habit in Mumbai yet.
The ICMR has approved over 200 labs (both public and private) for COVID-19 testing through-PCR machines.
Of the 37 bodies recovered so far, 16 have been identified, police said, adding that the identified Naxals carried a combined reward of Rs 1.06 crore.
Global slowdown has dampened hiring prospects of India Inc, causing its outlook to hit the lowest ebb, with only 19 per cent employers having positive recruitment plans in the next three months, according to global staffing services firm Manpower.
The Buxar jail, the only prison in the state having the required knowhow, received an instruction to the effect last week
The manpower requirement will be met with the officers from FMC (both cadre and deputation) and by new hiring.
Here's how you can get a permanent stay or a green card in Denmark.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
The pace of hiring is likely to slow across the world and there will be significant decline in employment outlook in countries like India, Singapore and Taiwan in the coming three months, according to a global staffing services firm Manpower.
Indian companies are most bullish about their hiring plans, when compared to any other country, but might turn more cautious over the next three months amid global slowdown, global staffing services firm Manpower said on Tuesday.
The power infrastructure and the farm sector have also suffered a considerable damage, Chief Secretary A K Tripathy said. However officials said the telecom infrastructure is largely intact.
'We have been telling the government that we need handholding.' So, we sent a series of recommendations to the government, but nothing happened.' 'And the condition of industry became worse.'
Specific sections of the Companies Act need to be amended to empower Sebi to regulate or take penal action against an unlisted entity and its promoters for violating the insider trading and other securities norms.
11 categories of industries will be exempt from the Madhya Pradesh Industrial Relations (MPIR) Act of 1961. This includes textile, leather, cement, iron and steel, electrical goods, sugar, electricity, public motor transport, engineering including manufacture of motor vehicles, among others.
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
Delhi, Uttar Pradesh and Jammu reported one case each, officials said.
The security plan -- with high end technology -- has already been put in motion at Allahabad, in anticipation of the Kumbh Mela which begins this month and at Hoobly railway station in Karnataka
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country.
Over two lakh posts are estimated to be created by the Central government in its various departments.
During an Abu Dhabi meeting on labour export in January, Bahrain Labour Minister Majeed Al Alawi had met Indian Minister for Overseas Indian Affairs Vyalar Ravi, who had called on Bahrain to sign the MoU as other Gulf nations, including the UAE, had inked similar agreements. India was this month forced to put on hold a proposed measure which disallowed its unskilled workers to leave for Bahrain unless they had contracts from employers.
Indian Army planners find themselves contemplating the possibility of more Chinese intrusions along the contested 3,488-km border. That could lead to the army having to man a 'hardened LAC' round the year, like the LoC with Pakistan, reports Ajai Shukla.
Defence experts want defence expenditure to be at 3% of GDP, which they consider minimum to counter the two-front threat from China and Pakistan, internal insurgencies, and dominating a 7,500 km coastline and the Indian Ocean beyond. What Arun Jaitley has given India this Budget is 2.16% of GDP, observes Ajai Shukla.
Army chief General M M Naravane on Tuesday hoped for an amicable resolution of the military standoff with China in Ladakh through talks based on 'mutual and equal security' even as he said India will have to be prepared to deal with a 'two-front' threat scenario due to the potent and collusive threat from China and Pakistan.
'Unless the living conditions change here, no amount of testing, screening, treatment would make a difference.'
A manpower consultancy firm said, the employment prospects in India for the forthcoming Oct-Dec quarter are the strongest since mid-2005
The job market in India is hot. But some regions are doing better than others.
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