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Scorching heat drives India's gas-fired power use to multi-year highs in May Sweltering heat and policy measures are driving a surge in gas-fired power use in India, with LNG imports set to sharply rise over the next two years. Gas-fired power generation doubled in April and May, impacting coal's share. India's LNG imports a...
06 Jun, 2024, 11.48 AM ISTJob market recovery may slow, for now The absence of a decisive mandate in the 2024 elections may impact job market recovery temporarily. Coalition partners will have a stronger voice in policy decisions, affecting investor sentiment. Experts anticipate a short-term slowdown in job crea...
06 Jun, 2024, 07.13 AM ISTIndia Inc doubles down on getting the gender mix right Naina Lal Kidwai, chairperson of Rothschild & Co, who is also on the board of directors of Biocon and UPL, said one of the big factors fuelling this change is ESG reporting. Companies, especially the larger ones, are seeking ratings from global firm...
31 May, 2024, 01.39 PM IST- ADVERTISEMENT
Pharma, financial services lead in female KMP representation While female KMPs in the financial services sector were all professional leaders, in pharma, they were promoters, according to data from FY23 collated for ET by executive search firm EMA Partners India.However, Indian companies continue to struggle ...
26 Apr, 2024, 07.59 AM ISTAI startup RapidCanvas raises $7.5 million in funding round led by Accel The funds will be used for customer acquisition through marketing and sales expansion, as well as for customer retention through investment in research and development.
13 Mar, 2024, 09.10 PM ISTIndustrial and manufacturing sector dominates million-dollar CXO club CXOs from the industrial and manufacturing sector dominate the million-dollar compensation club, followed by financial services, automotive, and pharma sectors. Talent gaps, compensation structures, and the distribution of large companies impact hig...
06 Mar, 2024, 08.22 AM ISTGenAI startup Ema secures $25 million in funding led by Accel, Prosus Ema was founded in March 2023 by former Google employees Souvik Sen and Surojit Chatterjee and stands for Enterprise Machine Assistant. It allows enterprises to build generative AI personas and applications internally to bring about automation and i...
05 Mar, 2024, 08.53 PM ISTGlenmark partners with Pfizer to launch abrocitinib in India to treat atopic dermatitis Glenmark and Pfizer will co-market abrocitinib in India under the brand names JABRYUS and CIBINQO. Developed by Pfizer, abrocitinib has received marketing authorization for abrocitinib in adults with moderate-to-severe atopic dermatitis from the Cen...
31 Jan, 2024, 06.07 PM ISTSmaller cities outpace metros in new white-collar jobs in 2023 Non-metro cities and towns in India surpassed metros in adding white-collar jobs in 2023, with Tier-II, III, and IV cities accounting for 1.7 million new job opportunities, compared to 1.5 million in Tier-I cities, according to a study by recruitmen...
21 Dec, 2023, 09.29 AM ISTLarge local companies ramp up search for CXOs amid macro woes Leading executive search firms including Korn Ferry India, Heidrick & Struggles, EMA Partners and Insist Consulting have seen a 25-30% increase in CEO/CXO mandates in the first four months of this fiscal year compared to a year ago across sectors su...
27 Jul, 2023, 11.46 PM ISTIndia Inc flagships are giving older chiefs more time at the helm Senior executives in their late 50s and 60s are receiving longer tenures in India's business sector after the COVID-19 pandemic. Older CEOs of companies having mature and complex business streams and balance sheets are being appointed or having thei...
19 Jul, 2023, 08.13 AM ISTCrorepati club at HUL adds more members in FY23 Hindustan Unilever Ltd's (HUL) fiscal year 2023 salaries saw an increase in the number of executives earning over Rs 1 crore, with 205 managers compared to last year's 163. However, just a third of these executives were under the age of 40, reversin...
14 Jun, 2023, 06.34 AM ISTCXO hiring unfazed by downturn in job market Even hiring in technology sector - which has seen a sharp comedown overall - continues at senior levels, especially for niche skills in areas such as cloud, artificial intelligence and automation, as companies across sectors focus on digitising busi...
01 Apr, 2023, 07.34 AM ISTBudget 2023: More jobs, but companies may tread cautiously However, hiring firms and economists told ET that while the proposals outlined will boost positive sentiment in a hiring market that has seen a coming-off of post-Covid highs in recent months amid a slowing global economy, companies will continue to...
03 Feb, 2023, 08.01 AM ISTMillion-dollar-salary CEO club witnesses 37 per cent rise in FY22 despite headwinds According to a TOI report, 46 new members earning a million-dollar salary (over Rs 7.8 crore with the rupee pegged at 78/$) entered the elite club in FY22. The number went up to 171 which had contracted by 17 per cent to 125 in FY21. The total compe...
05 Dec, 2022, 12.19 PM ISTCorporate chiefs in demand in new-age sectors; survey shows 40% CEOs from 220 cos jumped ship in past three years Since 2019, chief executives of 90 cos — about 40% out of 220 surveyed — have jumped ship, according to a study commissioned by ET. The banking and financial services sector (59%), followed by consumer retail (51%) and industrial (49%), have seen ma...
28 Aug, 2022, 05.16 PM ISTWhite-collar lethargy is the new pandemic After the pandemic, the workplace dynamics changed irretrievably. Companies the world over did everything possible to woo employees back to the office. Life returned to pre-Covid normalcy with people travelling for leisure, restaurants and bars buzz...
20 Aug, 2022, 11.11 PM ISTHow many candidates does it take to fill one tech position in India? The dream run for tech talent in India has led to record attrition rates. The buoyant market is keeping recruiters on their toes. They're being forced to keep a shortlist of at least five candidates for one job posting, said experts.
03 Nov, 2021, 02.11 PM ISTOffered jobs in India, foreigners take a rain check An Italian identified as head of technical operations in a blue-chip company, too, turned down the offer, saying he had borne the brunt of the pandemic in his country and didn’t want to walk into a similar situation.
14 May, 2021, 07.50 AM ISTGround reality of India Inc shows big gender gap at top Only six of the top 250 company CEOs are women, of which three are founders or hailing from promoter families, according to a diversity study for FY20, put together exclusively for ET by executive search firm EMA Partners India.
06 Feb, 2021, 10.38 AM IST