'The US slump could hit our hosiery market hard since 40 per cent of our exports go there.' 'Job losses could be severe if the government doesn't step in fast.'
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.
'For us, it's not always about chasing revenue. It's about sustaining happiness and energy, because that's what drives long-term growth.'
ZEE Entertainment Enterprises Ltd on Friday said its MD & CEO Punit Goenka has initiated a process of rationalisation of workforce by 15 per cent to prune staff strength across the company. In a regulatory filing, ZEE Entertainment Enterprises Ltd (ZEEL) said Goenka has proposed a lean organisation structure to the board with a lateral structure while identifying broadcast, digital, movies and music as core business units. "In line with his overall strategic approach, the MD & CEO has initiated the process of rationalisation of the workforce by 15 per cent, that will prune the staff strength across the company to arrive at a streamlined team that is sharply focused on the set goals for the future," the company said.
As Tata Consultancy Services (TCS), gets ready to lay off about 12,261 employees from its global workforce this year, here's what it means for your career.
'The scale and depth of talent here plays a central role in core software product engineering for some of the biggest brands in tech.'
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
68 per cent of employees have experienced undue pressure from management, often citing AI and technology as benchmarks for performance, leading to workplace tension.
On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
AI and machine learning remain the top focus areas, followed by software development (36 per cent) and cybersecurity (35 per cent).
'This is the time to be creative, use AI in real-time operations, and unlock new demand and aspirations.'
India's largest IT services company TCS believes that generative artificial intelligence (AI) is not just another tech cycle but a "civilisational shift" which will positively benefit every industry.
The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.
You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
Hiring demand is strongest for high-impact technology and product roles, particularly DevOps engineers, product managers, and full-stack developers.
India's job market is witnessing high mobility with a significant percentage of professionals actively seeking new roles, many are now negotiating for better pay within their current organisations, says a survey. The latest Talent Trends India 2025 report by Michael Page reveals that 62 per cent of professionals have negotiated a raise this year, and 37 per cent succeeded -- signalling a shift toward internal advancement.
The Ordnance Factory Chanda in Chandrapur district, Maharashtra, has cancelled all leaves for its employees, citing "national security and operational urgency." The decision comes after instructions from Munitions India Limited (MIL).
India's manufacturing sector growth fell to a three-month low in May, restricted by inflationary pressures, softer demand and heightened geopolitical conditions, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 58.2 in April to 57.6 in May, highlighting the weakest improvement in operating conditions since February.
Quick commerce (qcom) industry is poised to lead gig workforce hiring in 2025, propelled by a surge in demand for faster deliveries, expansion by existing players, entry of new competitors, and evolving consumer preferences in the post-pandemic era, according to industry experts. The qcom industry currently employs nearly 260,000 people - around 200,000 delivery personnel and 60,000 dark store workers, according to TeamLease Staffing.
Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.
The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 58.8 in May, marginally up from April's 58.7 and signalled another sharp rate of expansion.
Akasa Air's standalone net loss rose 18.7 per cent year-on-year (Y-o-Y) to roughly Rs 1,983 crore in 2024-25 (FY25), driven by rising employee costs, aircraft maintenance and airport charges, and a sharp increase in foreign exchange (forex) expenses, sources privy to the development told Business Standard.
The only other company working on hydrogen cars in India is Toyota Kirloskar Motor.
Shruti Swaroop, founder of Embrace Consulting, tells you why Deepika Padukone's quiet protest should inspire you to understand your maternity benefits and plan your return to work with confidence, not compromise.
A majority of employees surveyed are dissatisfied with their current work-life balance mainly due to lack of flexibility in work hours, a report said on Monday. A significant 52 per cent of respondents have expressed dissatisfaction with how they manage personal and professional responsibilities, while only 36 per cent have reported being satisfaction with their current work-life balance, said the report by staffing and HR solutions provider Genius Consultants.
India has ranked 131 out of 148 countries in the World Economic Forum's Global Gender Gap Report 2025, slipping two places from its position last year.
The India meteorological department said heatwave conditions will persist for at least two more days.
A Delhi court has accepted the Enforcement Directorate's closure report in a money laundering case against Suresh Kalmadi, the former head of the organising committee of the 2010 Commonwealth Games, and then secretary general Lalit Bhanot, bringing an end to the money laundering angle in the alleged scam. The court noted that the ED's investigation failed to find evidence of money laundering, and the CBI had already closed the corruption case based on which the ED launched its probe.
States are mandated to develop and implement 'heat HAPs' for prevention of heat-induced diseases. But most do not go beyond standard advisory on heat prevention.
'This means that there will be more than 1,000 tech talent in India over the next 12-18 months.'
The report further noted that the top five markets for contingent workforce engagement in the Asia Pacific are India, China, Hong Kong, New Zealand and Singapore.
In India, Accenture said it continues to hire, and as part of its ongoing compensation programs, it also recently recognised a number of its people with bonuses and promotions.
'Those who call for war from far-off places should realise the repercussions it has on the people who are actually affected.'
'AI analyses body language, etiquette, and communication skills, providing an in-depth performance matrix and a ranking system to help employees identify areas of improvement.'
Mutual fund assets surged 23 per cent or over Rs 12 lakh crore year-on-year to reach a record of Rs 65.74 lakh crore in FY25, propelled by robust net inflows and mark-to-market gains amid buoyant equity and debt markets.
India's service sector activity accelerated slightly in April largely driven by a quicker increase in new order inflows, which also underpinned a faster expansion in employment, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index reached 58.7 in April, up from 58.5 in March, indicating a sharp and stronger expansion in service sector output.
The stock of India's largest listed pure-play retail company, Avenue Supermarts (DMart), has slipped over 10 per cent from its monthly highs. A weak operational performance in the fourth quarter (January-March) of financial year 2024-25 (Q4FY25) and muted near-term outlook due to intense competitive pressures and higher costs could lead to downward momentum on the stock. While the stock dipped by 3.44 per cent in early trade on Monday, it recovered a bit to close 1.07 per cent lower at 4,017.
