KARTIK NARAYAN
Majority of Indian employers plans to add staff in first six months of FY25: Survey
The Indian employment market is expected to expand by more than 6% in the first half of the fiscal year, driven by a positive economic climate across 23 industries, according to TeamLease Services' Employment Outlook Report for H1 FY25. The report, which surveyed 1,417 employers in 20 cities, found that 56% of employers plan to grow their workforce in the coming months, 23% expect to maintain current levels, and 21% foresee a decline in staff numbers.
Indian job market likely to get busy and bustling
The Indian job market is expected to witness a notable increase in workforce expansion. The projected growth for H1 FY25 (April-September) indicates a significant rise to 6.33%, compared to around 4.2% in H2 FY24 (October-March). This expansion in the workforce serves as a crucial indicator reflecting economic growth, business confidence, and organizational strategic planning.
Understanding the difference between green jobs and ESG jobs
The demand for sustainability roles has surged, with a focus on ESG roles and green jobs. ESG roles encompass environmental, social, and governance aspects, while green jobs specifically target environmental sustainability.
Job demand in renewable energy sector surges 23.7 pc in FY24: Report
The renewable energy sector is seeing a rise in demand for roles like solar PV technicians, wind turbine installers, roofers, and storage operators, in addition to a decline in attrition rates to 33.5% in FY24.
Renewable industry workforce addition accelerates, attrition slows: Teamlease data
Strong growth in headcount underscores sector's expansion to meet global renewable energy targets and increasing demand for skilled workers
As mercury rises, so does the demand for home delivery
Ecommerce platforms are experiencing a surge in demand for essentials like groceries, leading to a spike in deliveries. This surge is also increasing the demand for manpower at dark stores and distribution centers. Orders in the National Capital Region have seen a sharp increase, with consumers also ordering ice-creams and beverages online.
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Entry-level jobs in telecom industry thrive despite broader workforce slowdown: TeamLease
Despite a general slowdown in headcount expansion in the Indian telecom industry, demand for entry-level customer-facing and technology roles remained strong. TeamLease Services data shows a growth in associate workforce by 51.05% in FY22, with a 31.41% expansion in FY24. Telecom companies focused on hiring field sales executives, customer relationship executives, and technology staff to support network operations.
Staff safety on India Inc radar in troubled West Asia
Indian companies are closely monitoring the safety of employees in Israel, a West Asian innovation hub, amid the intensifying Israel-Iran conflict. Sun Pharma, with a presence in Israel through its subsidiary Taro Pharmaceutical, is taking steps to ensure the safety and wellbeing of its employees and their families.
Iran-Israel conflict: India Inc closely watches developments to ensure safety of employees in West Asia
Sun Pharma, which operates in Israel through its subsidiary Taro Pharmaceutical, is actively monitoring the situation in the country and is taking all necessary steps to ensure safety and wellbeing of employees and their families, a company spokesperson said in an email response to ET.
Top listed firms report increase in staff injuries suffered at workplace
SEBI guidelines led to increased injury reporting at top companies, with a focus on white-collar employees. Challenges remain in underreporting incidents among blue-collar workers. Companies like IndiGo are enhancing safety measures for employees.
Need skilled workforce of at least 8 million to fully leverage 5G tech in India: Report
India needs at least eight million skilled workers by 2025 to take full advantage of the recently launched 5G services, according to a report by TeamLease Services. The report highlights the impact of 5G on job creation and the upskilling of workers, with IT and banking seen as the main beneficiaries, and hints at the inclusive nature of 5G across sectors. The report underlines the need for reskilling and upskilling workers across all sectors.
Slowdown in mobile shipments hits hiring sentiment in sector
While exports have helped offset the impact of domestic slowdown on production and manufacturing, local sales promoter profiles are witnessing an indirect attrition as companies aren't immediately replacing people who are leaving in these roles, industry experts said. While there are no job cuts yet, that could be a possibility if shipments do not pick up, they said
Telcos ramp up hiring of temporary staff
India's telecom companies are employing more temporary staff, specifically at the entry and junior levels, as new technologies evolve and recessionary trends persist. This has been due to the rise in demand for contract staff, which now account for 20% to 22%, up from previously 12% and 15% a decade ago. Some staffing experts predict that temporary staff could account for as much as 40% of telecoms' workforces by 2028. This new hiring trend proves to be more efficient in meeting the demands of newer technologies and related applications.
India likely to add 150k jobs this year in phone manufacturing
Quess and Ciel HR officials said they have seen a 100% rise in mandates this fiscal compared to FY23. "Mobile manufacturers in India have restarted hiring in anticipation of demand boost," said Aditya Narayan Mishra, CEO of Ciel HR Services.
Shortage of cybersecurity professionals triggers fight for talent
There are between 20,000 and 25,000 unfilled positions in cyber security profiles in India currently, and this number is expected to expand as telcos push 5G roll out, and companies continue their digital transformation journeys, staffing experts said. Telcos will also have to fight not only technology companies, but also enterprises for cybersecurity professionals going forward, they added.
Buy SRF, price target Rs 3,400: CK Narayan
The analyst suggested a stoploss at Rs 3250 .
Rohan Murty, Aparna Krishnan tie the knot in an intimate ceremony; Bombay Jayashri performs at reception
The couple were surrounded by family as they took their vows in Bengaluru.
It will be a Litmus Test for JMM-Cong in faceoff with BJP’s Oraon in Sisai
The alliance between Jharkhand Mukti Morcha (JMM) and Congress seems to be on real test in Sisai assembly constituency (ST) from where BJP nominee is Jharkhand assembly speaker Dinesh Oraon.
Buy SRF, target Rs 3,300: CK Narayan
Buy SRF Ltd. at a price target of Rs 3300.0 and a stoploss at Rs 3175 from entry point.
Sell SRF, target price Rs 2,780: CK Narayan
CK Narayan recommended to keep stoploss at Rs 2855.
Sell SRF, target Rs 2,640: CK Narayan
Sell SRF Ltd. at a price target of Rs 2640.0 and a stoploss at Rs 2700 from entry point.
Sell SRF, target Rs 2,690: CK Narayan
Sell SRF Ltd. at a price target of Rs 2690.0 and a stoploss at Rs 2750 from entry point.
Buy SRF, target Rs 2,485: Dr CK Narayan
Buy SRF Ltd. at a price target of Rs 2485.0 and a stoploss at Rs 2425 from entry point.
Buy SRF, target Rs 2210: Dr CK Narayan
Buy SRF Ltd. at a price target of Rs 2210.0 and a stoploss at Rs 2160 from entry point.
Buy SRF, target Rs 2,070: Dr CK Narayan
Buy SRF Ltd. at a price target of Rs 2070.0 and a stop loss at Rs 1990 from entry point.
Buy SRF, target Rs 1,815: Dr CK Narayan
Buy SRF at a price target of Rs 1,815 and a stop loss at Rs 1,775 from entry point.
Buy SRF, target Rs 1,755: Dr CK Narayan
Buy SRF at a price target of Rs 1,755 and a stop loss at Rs 1,715 from the entry point.
Buy SRF with a target of Rs 1825: Dr CK Narayan
Buy SRF Ltd. at a price target of Rs 1825.0 and a stop loss at Rs 1785.0 from entry point
Asaram Bapu named as 'wanted' accused in witness attack case
"In the charge sheet filed against the duo, Asaram has been named as the wanted accused," Investigating officer in the case B D Jadeja said.
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