SHIV AGRAWAL
Job 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 creation.
India 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 firms like Moody’s where one of the questions being asked is around diversity and inclusion. Indian companies also need to disclose Business Responsibility and Sustainability reporting besides adhering to integrated reporting where ESG etc, is being integrated into annual reports.
Executive search space heats up on the back of growing demand for leadership talent
Growing at 15-20% year-on-year, India’s retained executive search market has a mix of global search majors, search network firms, mixed model firms, boutique players and even one/two person outfits. Globally, five firms – Spencer Stuart, Heidrick & Struggles, Russell Reynolds, Egon Zehnder and Korn Ferry collectively called SHREK – dominate the executive search space. In India too, their market share is over 50%, say industry insiders.
Signs of optimism in job market: White-collar mandates up for June quarter
Manufacturing, infrastructure, pharma and healthcare, global capability centres (GCCs), engineering and banking and financial services are among the sectors taking the lead on the hiring front amid large-scale public-private investments, strong digital transformation initiatives, increased consumer demand, and advancements in healthcare technology, the firms said.
LS polls: Congress eyes win in 6 seats which BJP never lost since formation of Chhattisgarh
In Rajnandagon Lok Sabha seat, the BJP never tasted defeat since 2000 but in a 2007 bypoll, the Congress emerged victorious. This time, the Congress has fielded former chief minister Bhupesh Baghel from Rajnandgaon.
Startup recruiters find few takers amid overall hiring slowdown
Talent acquisition professionals at inflated salaries have found themselves priced out of the market as opportunities dwindle.
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CTOs in limelight as India Inc scrambles to navigate rapid digitalisation
Companies across sectors, from startups and banking, financial services and insurance to technology, conglomerates, manufacturing and healthcare are scouting for experienced talent to drive technology strategy, innovation, transformation and operational efficiencies in a fast-evolving digital landscape.
Paytm rivals fishing for top talent in its troubled waters
According to executives at recruitment services firms, Paytm’s competitors are keen on hiring employees in tech and sales teams and have started sending feelers. However, there are few takers for the legal and compliance professionals, especially at the senior and mid levels.
EC announces biennial Rajya Sabha elections for 56 seats on February 27
Biennial elections for 56 Rajya Sabha seats in 15 states are scheduled for February 27, with the retirement of 50 members on April 2 and six on April 3, according to the Election Commission. The states with retiring members include Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Telangana, Uttar Pradesh, Uttarakhand, West Bengal, Odisha, and Rajasthan
Crorepati club in United Spirits, ITC & HUL rises by over a quarter in FY23
At ITC, the number of crorepati employees jumped by 36% year on year to 257 in FY23 from 189 in the previous year. In HUL, 205 managers took home more than ₹1 crore in annual salary in FY23, up 25% from 163 in FY22. In the country's largest alcobev firm United Spirit, 34 managers were in the ₹1-crore-plus bracket last fiscal. These companies have also passed on a double-digit hike to their top leadership last year.
ED arrests four in Chhattisgarh coal levy 'scam', money laundering case
A "close confidant" of bureaucrat Saumya Chaurasia, two mining officers, and an alleged conman who impersonated as an ED officer are among the four people arrested by the Enforcement Directorate in the coal levy 'scam' of Chhattisgarh, an official statement said Saturday.
Babri mosque demolition case: CBI files objection in HC, next hearing on Sep 26
They contended that the appellants were not the victims in the case and hence did not have the right to file the present appeal against the acquittal of the accused. Earlier, the appellants had filed a revision petition against the acquittal but Justice Dinesh Kumar Singh had held that it was not maintainable under Section 372 of CrPC, which deals with the provision of appeals in criminal cases.
COVID-19 can't harm MP where 'Shiv' is CM: BJP general secretary Tarun Chugh
In a tweet on Sunday, Chugh said, "How can corona harm Madhya Pradesh where state president is Vishnu and Chief Minister is Shiv.
ETMGS 2021 to see best of global, D-Street brains ideate on Budget & markets
ETMarkets Global Summit, Dalal Street's most awaited event, goes virtual this year in view of the Covid-19 pandemic. The event kicks off on January 20, Wednesday
Decision on deputy speaker put on backburner
Efforts to give it to a non-Congress, non-NDA party yet to materialise.
Will return Padma Bhushan if govt doesn't fulfil promises: Anna Hazare
The anti-corruption crusader had told that he welcomed the Maharashtra cabinet's decision to bring the office of the chief minister under the ambit of the Lokayukta.
Shiv Sena says Naresh Agrawal's induction in BJP responsible for reverses in UP
In the prestigious Gorakhpur Lok Sabha seat, the home turf of Chief Minister Yogi Adityanath, BJP's Upendra Dutt Shukla was trailing behind Praveen Nishad of the SP.
All state chiefs will continue in their posts: Congress
Rahul Gandhi cleared the air around the party's intention to revamp leadership at the state-level following his elevation as the Cong chief.
Row over Sena MP Ravindra Gaikwad's assault of Air India staffer resonates in Parliament, outside
Osmanabad, Gaikwad's parliamentary constituency, observed a bandh to protest against his "humiliation" as the MP stayed put at some undisclosed location.
Can airlines ban an MP from travelling on official duty, asks SP MP Naresh Agrawal
Gaikwad being put on 'no-fly' list is the probably the first in Indian history as no one has so far been banned from flying for unruly behaviour in India.
Ceasefire violations: Shiv Sena slams Narendra Modi, Rahul Gandhi questions PM
The BJP's former ally also took a jibe at Modi, noting that one does not need a "56-inch chest" to protect the country's interests but a strong will power.
Former power minister Suresh Prabhu front runner for plan panel deputy chief
Ex power minister and reformist politician Suresh Prabhu has emerged as front-runner to be deputy chairman of revamped Planning Commission.
Corporate India fights to retain inhouse talent as business sentiment picks-up, counter-offers grow
Hiring firms have seen a 15-20% increase in counter-offers as companies believe there is going to be an economic turnaround.
Perils and pitfalls of tackling sexual harassment cases at workplace
India has always dealt with sexual offences in haste; but with victims turnimg vocal, cos are struggling to develop right strategy to negate bad PR.
Social networks, referrals are India Inc’s hiring hotspots
Companies across sectors turn to HR consultants only to fill critical and niche roles; save costs
ABC Consultants' BP Agrawal set to head Stanton Chase in India
“It will not be an easy road for Chairman’s High Circle because R Suresh has taken all the clients with him. So despite the Stanton Chase brand name, they will have to start afresh,”
Non-NDA parties' reactions vary from indifferent to hostile
Congress today downplayed Narendra Modi's anointment as BJP's Prime Ministerial candidate for the 2014 Lok Sabha polls, while the Samajwadi Party said his "dream will never come true".
Succession planning crisis: Professionally managed firms in India have been caught unawares several times
In contrast, family-run companies have actually shown a better record when it comes to succession planning.
Samajwadi Party, Shiv Sena thwart consideration of quota bill in Rajya Sabha
Samajwadi Party and Shiv Sena today thwarted an attempt in the Rajya Sabha to take up for passage the contentious Bill providing for quota in promotion for SCs and STs in government jobs.
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