NAUKRI COM
White collar hiring activity dips by 7.62% in June: Report
In June, white-collar hiring activity dropped by 7.62 per cent, with sectors like telecom, BPO/ITES, education, and Global Capability Centres witnessing a decline. Insurance, FMCG/food industry, and pharmaceutical sectors saw positive growth. Cities in Rajasthan and Gujarat showed resilience, with Jodhpur, Kota, Rajkot, and Surat leading in new job creation. Mini-metros outpaced metros in hiring, with Gujarat emerging as a silver lining, according to Naukri JobSpeak Index.
Bengaluru emerges as a hub for machine learning engineers
Vacancies for machine learning (ML) engineers more than doubled in Bengaluru, underscoring the city's status as a hub for advanced technology roles. HR generalists surged by 53%, and operations managers by 45%.
HR warns employee for watching Babil Khan's interview, spending hours on Ajio during office hours, stealing Maggi, coffee pouches
An HR warning to an employee for using Instagram, Netflix, Naukri.com, and Ajio.com during work hours and stealing office supplies went viral on LinkedIn. Sumit Mishra shared the incident involving his friend, Rishika, which sparked over 400 likes and various comments. Users generally supported the HR's actions, emphasizing the importance of clear communication and workplace integrity.
White collar hiring improving as demand from Oil & Gas, Banking, FMCG sectors rises: Report
White collar hiring in major sectors like Oil and Gas, Banking, and FMCG showed steady improvement, with a 6% increase in May compared to April, driven by Healthcare and Travel and Hospitality. However, overall white-collar hiring was down by 2 per cent year-on-year, with declines in IT, BPO, and Education sectors. Smaller cities outperformed major metropolitan areas, with strong demand for senior professionals contributing to a healthy growth in opportunities.
Info Edge shares surge 8% after Q4 PAT rises 18% YoY. Should you invest?
Shares of Info Edge (India), the parent company of Naukri.com, surged 8% on the BSE during Friday's trading session, reaching a peak of Rs 6,338.55. This increase followed the company's Q4 profit report of Rs 211 crore, marking an 18% year-on-year growth.
Ola CFO exits; India’s data centre edge
Kartik Gupta, chief financial officer, Ola Cabs has stepped down, just two weeks after chief executive Hemant Bakshi’s exit. This and more in today’s ETtech Top 5.
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Naukri parent Info Edge Q4 revenues up 9% to Rs 657.4 crore
Naukri parent Info Edge reported Rs 60.4 crore in quarterly profit in Q4 FY24. The company approved a dividend of Rs 12 per share for shareholders.
Info Edge Q4 Results: PAT rises 18% YoY to Rs 211 crore, revenue up 8%
Info Edge's Q4 profit rose 18% to Rs 211 crore with revenue at Rs 608.3 crore. Operating profit margins at 37%. Final dividend of Rs 12 per share announced. Cash balance at Rs 4,191 crore. CFO highlighted 13.2% growth in cash from operations
Blue collar and grey collar consumer jobs growing, can't offset fall in IT white collar jobs: Dr Pawan Goyal, Naukri.com
Dr Pawan Goyal anticipates sustained single-digit salary growth amidst strong consumer demand in various sectors like oil, FMCG, travel, and auto. From an overall jobs perspective, the overall index -- a composite of both IT as well as non-IT jobs -- is flattish now. While the consumer side of the economy is growing, it has a lot more blue-collar and grey-collar jobs. It is not able to offset the decline in white-collar jobs in IT.
White-collar hiring falls 3% in April, shows Naukri JobSpeak Index
Despite a 3% year-on-year and 1% month-on-month decline in white-collar hiring, various sectors experienced job growth. Notably, demand surged for specific roles like drilling engineers, brand managers, and IT professionals in different cities.
Hiring sees green shoots in IT, oil & gas and senior roles, shows Naukri index
Naukri’s JobSpeak Index shows positive trends in hiring for oil & gas, IT, and senior managers. Demand for experienced professionals and AI/ML talent is on the rise, with notable growth in key cities and sectors.
Oil and gas sector sees 20%-plus jump in hiring in March
March job market: oil and gas, pharma, senior professionals thrive. Unicorns show hiring interest. AI/ML talent in demand. Niche roles like machine learning engineer see growth despite overall IT hiring decline.
Info Edge March 2023 quarter billings up 3.5 pc to Rs 827 cr
Recruitment Solutions billing grew by 7.18 per cent during the quarter to Rs 625.4 crore from Rs 583.5 crore in March 2023 quarter.
AI, oil and gas sectors see 20%-plus growth in hiring in February
AI and oil and gas sectors witnessed significant hiring growth. Non-metro cities played a pivotal role in job creation. Senior professionals and niche AI roles were in high demand. The pharma sector also experienced positive hiring. IT, BPO, and retail sectors saw a decline in hiring activity.
Google to reinstate delisted Indian apps on Play Store after govt intervention
Google had on Friday removed from its Play Store apps from a dozen of developers, including popular ones by Matrimony.com and job search app Naukri, for non compliance with its in-app payment guidelines.
ETtech Explainer: Why did Google delist popular Indian apps like Naukri, Shaadi, others?
Indian internet founders are calling for government intervention in reaction to Google's move to delist several of these apps without warning.
Google reinstates some delisted apps including Naukri, 99acres, Shaadi
These apps are back on Play Store a day after Google delisted them citing ‘non-compliance’ with billing policy
Google delists popular Indian apps like Naukri, Shaadi, others over billing row
Murugavel Janakiraman, founder and MD of Matrimony.com, which operates portals including BharatMatrimony said that Google took down five to six of its apps on Friday. People Group founder and CEO Anupam Mittal also said that the company's app Shaadi.com was de-listed from the Play Store.
Info Edge shares fall 3% after Google removes Naukri, 99acres apps from Play Store
The company in its filing to the exchanges said that Google's decision comes as a surprise since this action was taken without giving due and sufficient notice to Info Edge.
Naukri, 99acres, BharatMatrimony among apps delisted from Google Play Store
Info Edge India founder and vice-chairman Sanjeev Bikhchandani said on X that while Indian companies will comply with Google's policies for now, “what India needs is an App Store/Play Store that is a part of Digital Public Infrastructure - like UPI and ONDC,”. He also called for a "strategic response" from the government to this move by Google.
AI roles, senior professionals are most in demand
The Naukri JobSpeak Index for January 2024 reveals notable year-on-year job growth in the healthcare, hospitality, and FMCG sectors amidst a cautious market environment. Overall, the index reached 2455, marking a 1% increase from the previous month but an 11% decline compared to the same period last year.
White collar hiring dips 16 pc in December amid cautious recruitment in IT, other sectors: Report
White collar hiring in India declined by 16% in December compared to the previous year. Due to cautious hiring sentiments in IT, BPO, education, retail, and healthcare sectors, the Naukri JobSpeak Index showed a year-on-year decline of 17%, 11%, 11%, and 10% in job offers in December respectively.
White-collar hiring down 6 per cent in 2023
Companies in several sectors tightened their hiring funnel amid global macroeconomic headwinds and prolonged geopolitical uncertainties even as sectors that have seen business growth in the last one year, including oil & gas, power, infrastructure, energy, BFSI, travel, and real estate, recorded double-digit growth in hiring numbers, data showed.
White-collar hiring falls 12% in Oct-Nov: Naukri JobSpeak Index
Oil & gas, pharma and insurance were among sectors that exhibited job growth from a year earlier during the two-month period. In the IT sector, one of the largest employers in India, hiring fell year-on-year, but month-on-month data suggest a stabilisation in activity.
Hiring for white collar jobs in India falls 19 pc in July: Report
Hiring for white collar jobs declined 19 per cent in July compared to the year-ago period as many sectors, including FMCG, retail, insurance and education, witnessed cautious recruitment sentiments, according to a report. According to the Naukri JobSpeak Index released on Tuesday, job postings for white collar hiring in July stood at 2,573, down 8 per cent compared to the previous month, and down 19 per cent compared to July 2022.
Top five job portals you can rely on to get a job offer
With the vast number of job search engines available today, it can be difficult to find the right one to aid your job search. However, LinkedIn, with its networking capabilities and authentic recruiters, Indeed with its user-friendly interface and helpful articles, Naukri with its salary search tool among other features, Shine with its use of AI and machine learning to match candidates with appropriate job openings etc.
Increments take double-digit route this year: Survey
At least six of every 10 employees have received increments in double digits, 10% and above, according to the survey conducted by Naukri.com for ET. A small percentage, mostly at entry level, got 20-25% hikes for exceptional performance.
'Verghese Kurien was sarcastic … condescending … caustic.’ After 34 yrs, Naukri.com founder Sanjeev Bikhchandani says ‘Milkman of India’s IIM-A speech changed his world view
Sanjeev Bikhchandani compared the impact of two speeches, his own and Dr Verghese Kurien's. While he could not recall a word from the first speech, Dr Kurien's, which he had listened to from a distance, had remained with him for decades. Dr Kurien's candid and blunt tone, which taunted the graduating class, challenged their behaviour and influenced their decision-making.
White collar hiring activity flat in May, IT sector's woes continue: Report
The Naukri JobSpeak Index for May 2023 revealed steady hiring activity for white-collar professionals in India, with multi-sectoral growth across real estate, banking, oil and gas, and pharma sectors. However, the IT industry remained an area of concern with hiring declining across all types of IT companies and major cities like Bengaluru, Hyderabad, Chennai, and Pune being the hardest hit.
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