Employers in South India are the most bullish on hiring plans with over 40 per cent of them having 'good intent' of recruiting people in the next three months.
According to the latest survey by global staffing services firm Manpower, India has an overall net employment outlook -- a measure of hiring plans by employers -- of 19 per cent for the July-September period, the most among the 34 countries surveyed. The Manpower Employment Outlook showed that only 11 of the 34 countries have positive hiring plans, indicating the general gloom in the global job market in the wake of the tough economic scenario.
The minister further said running the operations of the company and inquiry against people involved in the accounting fraud are two different things and should be viewed separately separately. The new board of Satyam met twice and appointed global accountancy firms KPMG and Deloitte to re-state the accounts of the IT company.
'Even after vaccines are given, precautions like using a mask and maintaining social distancing have to be taken.'
Aping the success of business process outsourcing industry, companies are keen on transferring all or part of their recruitment activities to external service providers, cutting down their human resource expenses significantly, say experts.
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.
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.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
Around 8 IT firms have withdrawn from partnering 11 out of the 20 IIITs, says govt.
'Had this been handled in a correct way, the only lives that would have been lost, presumably, were the lives of the terrorists and that would have been welcome.' The information we had was pure gold. You seldom get information of this kind several hours in advance, exactly where they are going to strike. But we still couldn't act on this intelligence.'
Once bitten, twice shy, the laid-off workers, many of whom had switched to sectors like textile and agriculture, are apprehensive about returning to diamond processing. Before Diwali last year, there were about 3,000 diamond cutting and polishing units with a 600,000-strong workforce.
The head of the Congress's first family has never been an astute politician, points out Amulya Ganguli.
Vice Admiral Lanba, who will proceed to New Delhi to take over as the Chief of Naval Staff on Tuesday, handed over the command to Luthra at a ceremonial parade in Mumbai on Monday morning.
If you're looking for work in any of these fields, you're in luck.
After Infosys, hike in other IT companies also seen in 6-9% range.
"The rescue personnel did not rest till all the bodies were recovered from the 800-feet deep gorge where the bus fell on Sunday," Raigad district collector Dr Vijay Suryawanshi said.
The Karnataka Arts College invites applications for admission to five year integrated course in Master of Tourism Administration (MTA) for the academic year 2008-09.
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.
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.
There is a lot of police action on the ground and even inter-state movement has been stopped, because of which deliveries of essential items via platforms, such as Flipkart, Amazon, Grofers, and Milkbasket, aren't happening. Food-delivery firms -- Swiggy and Zomato -- are facing similar challenges, according to the sources.
Sources said that the new management made a formal announcement before senior management personnel on Thursday on the issue of reducing manpower by up to 14,000 people.
The study, conducted jointly with University of Nebraska, evaluated leadership profiles in two Indian cities -- Mumbai and Bangalore -- and four other Asian cities: Beijing, Hong Kong, Shanghai and Singapore. As per the study, which would be released next month during the Singapore Human Capital Summit, CEOs in Asia expressed a willingness to develop the next generation of leaders in their respective organisations, but very few of them are proactive and strategic in doing so.
With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.
A total of 89 items including 56 stone idols, 22 pillars and 12 metal statues were recovered from the house.
India Inc may have been spiralling salaries in the recent years, but not anymore as double-digit pay hikes can well be a 'thing of the past', thanks to the financial crunch forcing corporates to embark on cost-cutting spree.
"A fresh survey was conducted to know the requirements, including manpower. The CISF has to make sure that proper deployment is made," ASI Director General Anshu Vaish said.
The industry, which has been highly unregulated in the past and which continues to be so in states where the Private Security Agency Regulation Act has not been implemented, is still struggling to infuse some standard best practices. Karnataka, which has been on the radar of terrorists, has still to implement the Act,which would bring under perview all its current players and infuse standard practices.
'Right now there are two battles, the one in our heads about the pandemic and 2, the actual pandemic itself.'
As the miasma of the global economic downturn accelerates its pace, Indians abroad are worried about their future but still remain positive.
The feat was achieved under 'Project Himank' of the organisation.
Digibank will offer only savings deposits initially, but will expand to include investments and lending in the coming months.
The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.
'If the leadership goes back to Rahul Gandhi, then there will be a perception problem about the drama about his exit a year-and-a-half ago.'
The high tax regime makes aircraft service above 50 per cent more expensive than international rates and might spell trouble for over a dozen MRO projects -- several of them involving foreign direct investment that have been announced so far.
India is one of the top three sources of international recruitment for British employers struggling to meet talent shortages, according to a major industry report.
'Yet, in J&K even if you are not involved in active combat, you can come under enemy fire.' 'However young a soldier is, he is not immune to action.' 'He may face challenges during the course of discharging his military duties.'
After rationalising flights and routes, major domestic airlines like Kingfisher, Jet Airways and SpiceJet are introducing sharp cutbacks in staff and salaries to cope with slower passenger growth and rising aviation turbine fuel costs. Manpower typically accounts for 10-15 per cent of an airline's total costs.
Jet Airways is working on a plan that will entail a reduction in flight duty hours of its unconfirmed cabin crew (that will reduce their take-home salary), withdrawing some perks and downgrading entitlements like hotels as part of a package to reduce manpower costs. Perks on the block include a weight allowance (given to cabin crew if they maintain a certain body weight) and allowances for staying abroad amongst others.
