Lower cost and easier termination may well be among the reasons that companies seek to have employees on contract. The share of employees on contract has increased to 57.3 per cent of the total workforce this year as compared to 53.7 per cent in the previous year.
The government is considering allowing foreign institutional investor investment in Indian news channels and would not touch the 26 per cent sectoral cap.
'The Indian State needs to focus on healthcare, education, infrastructure and law and order, and get out of all these regulatory cholesterols.' 'Then, India will fly.'
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
NITI Aayog recommendations cite the need for greater industry-academia collaboration to meet skill demand
'Online teaching requires a new set of skills to be acquired by the teacher.' 'These skills are not like foot sizes or height which can't be improved, but are like muscles which can be developed with some practice.'
Indian IT major HCL Technologies will provide training for three months to 100 students each in its Lucknow and Madurai campuses.
Among the gainers, microfinance player Ujjivan Financial Services which made its stock market debut in May has seen the biggest rally in its share price.
While there has been an improvement in the overall demand environment, the other reason expected to trigger this growth is the absence of a bench strength in most companies
You need to revamp both your work practices and technology tools to maintain your efficiency and effectiveness
'If the Indian economy formalises, industrialises, urbanises and develops human capital, 10 lakh youngsters will join the labour force every month in the next 10 years.' 'It's not a bulb that will go off; it is a sunrise.'
The decision to drop the proposal was taken last month during a meeting that Finance Minister Arun Jaitley held with labour ministry officials.
Manish Sabharwal tackles 5 criticisms of demonetisation.
'We first need to acknowledge the truth.' 'We are trying to diminish the problem and say, everything is okay and green shoots are emerging.' 'Imagine you are a doctor and not getting accurate medical reports, how do you diagnose and treat the illness?' 'We are not dealing with a terminal illness here, we are dealing with BP and cholesterol, which are imminently curable.'
Eye business expansion, fulfil working capital requirements and making loan repayments
The Indian Staffing Federation says their demand assumes significance as the formal sector will grow after demonetisation and the segment will play a crucial role in that.
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill
One solution to India's challenges of education, employment, employability lies in state governments adopting apprenticeships on a large scale.
Or it could lose you one, says Samali Basu Guha.
They were the source for entry-level recruitments in the IT industry before the job market crash.
EduBridge is emerging as a strong player in training unemployed youth.
HR experts believe however that times are changing and more and more companies are planning a revamp of their appraisal systems
Improving economy and investment in Indian carriers and hotels by global companies is likely to lead to hiring for aviation and hospitality sectors witnessing up to 40 per cent growth in 2015, according to experts.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
According to a proposal by the Union labour ministry, 10 per cent of the employees or 100 workers will be needed at least to form a trade union
Gains were led by Tata Motors amid robust sales in June along with select financials.
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
Manish Sabharwal is chairman of TeamLease, which has helped hire 1.4 million sales and customer service reps and logistics employees such as couriers for companies across India since it was founded in 2002.
While technical skills can land you a job interview, soft skills will help you stand out and climb up the career ladder.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
India's salvation lies in job creation by entrepreneurs, say Manish Sabharwal and Ashok Reddy.
'Under-employment continues to be a very big problem.' 'What we see today is many youth who would have accepted any kind of job are not willing to accept any job.' 'They are ready to wait for a better job, one that justifies their educational qualification. 'This is one of the reasons why unemployment has risen.'
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
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