RECRUITING SENTIMENT
Congress: Nothing short of scrapping Agniveer scheme will do
The Opposition party hardening its stand, incidentally with an eye on the upcoming assembly polls in Haryana and Maharashtra, coincides with reports about deliberations within the government to review and modify the scheme.
Khadoor Sahib Lok Sabha Polls: Radical Amritpal Singh's kin, supporters keep drug fight narrative going
Jailed Sikh preacher Amritpal Singh's entry into the Khadoor Sahib Lok Sabha seat as an Independent candidate, campaigning on a pro-Panth, anti-drug platform, has stirred politics in the region bordering Pakistan. Supporters have placed posters of Jarnail Singh Bhindranwale, highlighting the seat's Panthic sentiment. Amritpal's manifesto focuses on ending the drug culture, releasing prisoners, and ensuring justice in sacrilege cases. While his work against addiction is praised, there are concerns about his pro-Khalistani stance leading to separatism. The contest also includes candidates from SAD (Amritsar), Congress, and BJP, making it a crucial four-cornered contest.
Haryana Lok Sabha Elections 2024: Spotlight on Agnipath as youth seek job stability
Haryana's political landscape is witnessing significant upheaval as the Agniveer scheme, under which soldiers are engaged for four years without a pension, becomes a focal point of discontent among rural youth. Political parties are pledging to revert to the old recruitment system, highlighting the scheme's impact on job security and aspirations, with many youngsters now favoring police or overseas jobs over military service.
Agnipath scheme, Ankita Bhandari case dominate Uttarakhand's Garhwal voter sentiments
There are concerns over the issue of women's safety as well following the Ankita Bhandari murder case, in which the son of a former BJP leader is the main accused. Bhandari, a 19-year-old receptionist at a resort near Rishikesh, was killed allegedly by its owner and two of his accomplices in 2022.
Infosys plans walk-in recruitment event in Bengaluru on March 9
Infosys' hiring comes after a renewal of four big-ticket contracts, spurring the need for more professionals. The company has sent a broadcast mail to employees, urging them to refer potential candidates in a sign of easing curbs on hiring and revival in business sentiment.
Desire management, the quantitative way: A set of stocks for those who wish to do trade and invest at the same time
Out of 50 stocks, only 7 have delivered negative returns in the last one year. Out of these 7 stocks, four stocks belong to one industrial house which faced headwinds at the start of 2023. 6 stocks have delivered more than 100 percent return and 26 stocks have gained more than 20 % in the last one year. If you had focussed only on these set stocks and either invested or only traded in them only, the possibility of being able to satisfy your desire to be a trader and investor at same time would have been met.
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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.
TCS may grow in single digits this fiscal year: CEO K Krithivasan
The 59-year-old executive, who assumed office in June, said the investigation into the preferential treatment to recruitment firms by the TCS RMG has been concluded with a list of 19 employees against whom action has been taken for violation of the code of conduct.
Fired Google recruiter pens LinkedIn post, asks for help: 'Heartbroken, devastated'
Alphabet, the parent company of Google, has laid off hundreds of employees in its global recruiting division, making it the first "Big Tech" company to do so this quarter. The layoffs come as a result of a weakened economy and follow similar actions by other tech giants. Affected employees have taken to LinkedIn to share their stories and seek help. Google CEO Sundar Pichai stated that the layoffs were necessary for the company's long-term health and took responsibility for the decisions.
Professionals with 3-5 years of experience to be the most in demand: survey
According to Naukri's hiring outlook survey, 92% of recruiters are expecting new or replacement hiring in the next six months. While 4% mentioned they will not be hiring, another 4% expressed possible downsizing. Business development, marketing, and operations roles are expected to have the most hiring, with mid-career professionals being in high demand. Attrition is expected to remain around 15%, with the highest rates in business development and marketing.
'Washout year for IT': Infosys, Wipro, TCS and others to hire 40% less in FY24
In the first quarter of FY24, India’s top five IT exporters — Tata Consultancy Services, Infosys, HCLTech, Wipro and Tech Mahindra — reported a cumulative dip of 21,838 in net headcount.
White collar hiring dips 3 pc in June on cautious recruiter sentiments: Report
White collar jobs experienced a 3% decline in June due to cautious recruiter sentiments, especially in IT, BFSI, and manufacturing sectors. However, there was a 2% monthly growth in online hiring activity across key industries, indicating a resurgence. Healthcare, BPO, production and manufacturing, and logistics sectors led the way in positive e-recruitment activity.
China's view of its Galwan misadventure: Hiding truth and muddying waters
The Chinese state propaganda machinery, with the support of its jingoistic netizens on social media, portrayed the violent clashes that took place on June 15, 2020, as a tool for PLA's troop recruitment from among the youth. In the weeks leading up to the anniversary, Twitter accounts suspected to be connected to Chinese and Pakiststates were seen spreading graphic images and videos which sought to depict the Indian Army in a poor light and the PLA as the superior force.
Recruiting sentiment improves for July-September
In all, 49% of employers covered in the latest ManpowerGroup Employment Outlook Survey said they would hire more people in the September quarter, while 13% said they expected a fall in hiring intent or had no plans to backfill. About 34% planned to keep workforce levels steady and 4% were unsure of hiring intentions, according to findings of the survey shared exclusively with ET.
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
E-recruitment activity witnesses marginal dip of 1% in November: Report
A revival in the IT and media industries was also observed in November after months of decline, indicating a positive sentiment in hiring. Overall, the outlook for the Indian job market is positive and will only continue to do better in the coming months.
Nikkei ends lower in line with subdued U.S. futures, Asian shares
The Nikkei share average erased early gains to close 0.94% lower at 26,748.14, falling from the 27,000 psychological level reclaimed a day earlier. The broader Topix fell 0.86% to 1,878.26.
Indian job market registered 15% YoY growth in hiring demand in April
The job market saw recovery across several sectors that were impacted by the pandemic, showcasing the highest growth in the month of April, the survey showed.
Higher increments on the charts as recruiters anticipate churn, shows Naukri survey
The number of recruiters planning to roll out increments greater than 30% in their respective organisations grew substantially by 60% versus the previous outlook survey conducted in July 2021, according to the latest edition of the Naukri Hiring Outlook Survey. At the same time, the number of recruiters foreseeing an increment below 10% reduced from 37% to 33%.
SBI suspends circular on recruitment of pregnant women
In view of the public sentiments, SBI has decided to keep the revised instructions regarding recruitment of pregnant women candidates in abeyance and continue with the existing instructions in the matter, the bank said in a statement. In its latest medical fitness guidelines for new recruits or promotees, the bank said a candidate would be considered fit in case of pregnancy which is less than three months.
B-school internships bounce up with sentiment; stipends at top institutes rise up to 67%
Average stipend for the two-month internship was ₹2 lakh or more across most campuses; for FMS, IIM Lucknow and XLRI, it's the highest ever. At FMS, it was ₹2.62 lakh; at IIM Lucknow, ₹2.6 lakh; at XLRI, ₹2.56 lakh; at MDI Gurgaon, ₹2.4 lakh and ₹2 lakh at IIM Kozhikode and IIM Indore.
Elgar Parishad: NIA claims accused recruited students from JNU, TISS for terror activity
The draft lays down 17 offences against the 15 accused, including human rights and civil liberties activists, and they have been sought to be charged under various sections of the stringent Unlawful Activities (Prevention) Act (UAPA) and the Indian Penal Code (IPC).
Nikkei slips as chip stocks weigh; posts second weekly gain
The Nikkei share average edged down 0.14% to close at 27,977.15, while the broader Topix gained 0.15% to 1,956.39. For the week, the Nikkei, however, posted a second straight gain.
Covid impact: Companies scale down blue-collar jobs in small towns
Blue-collar hiring in tier 2 and tier 3 towns have come to a grinding halt in the last 4-5 weeks even as a lot of small and medium-sized manufacturing companies, where production is based on a continuous flow of order, are on the verge of stopping in these markets, job market experts and economists said.
India Inc’s hiring sentiment strong for next six months, shows Naukri.com survey
The hiring outlook survey from the leading job portal Naukri.com revealed that 51% of recruiters indicated both new and replacement hiring in their organisations. The appetite for hiring is up as 32% recruiters confirm that they would be hiring for new jobs.
BFSI, IT/Telecom and retail posted maximum talent demand in Dec 2020: RecruiteX
The BFSI sector posted the highest growth of 5% in talent demand in Dec 20, followed by IT/Telecom, revealed the TimesJobs RecruiteX Dec 20 edition.
India Inc’s hiring intent boosted by Covid vaccine news
A study conducted by the recruitment and staffing services provider CIEL HR Services, covering 298 companies across 27 cities, shows that the intent to hire in tier 2 cities has grown by 62% in December versus June and 22% quarterly, a trend that is likely to accelerate in the next quarter.
Japan stocks rise on recovery hopes, SoftBank falls again
Conglomerate SoftBank Group, however, extended falls to hit a two-month low. It settled down 0.61%, adding to the previous session's hefty 7.2% decline as the company bought large amounts of call options on US technology stocks.
Japan shares end lower on U.S.-China worries, Fed chief's speech eyed
The Nikkei 225 Index ended down 0.35 per cent at 23,208.86, while the broader Topix index fell 0.53 per cent to 1,615.89.
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