Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Yamuna Expressway Industrial Development Authority (YEIDA) says Apple suppliers have applied for land with the authority
Recruiters say recruits are leveraging talent crunch to demand flexible work and high salaries
It has the potential to generate employment for millions (skilled and unskilled labour) in India, Icra said
Samsung plant is projected to create 2,000 high-tech jobs, would start production in the second half of 2024.
High-contact services jobs from airlines to hotels and malls to multiplexes were the first to collapse amid protracted lockdowns aimed at containing the virus
The Manufacturing Purchasing Managers' Index, compiled by IHS Markit, jumped to 55.3 last month from 48.1 in June, well above 50-level separating growth from contraction.
Manufacturing accounts for nearly 17% of India's GDP, but the sector has seen employment decline sharply in last 5 years - from employing 51 million Indians in 2016-17 to reach 27.3 million in 2020-21
Move aimed at easing compliance burden for companies; experts see it as micromanagement
The Industrial Relations (IR) Code, 2020, notified on September 29, has allowed companies to hire contract workers directly through fixed-term contract, known as fixed-term employment
In the absence of clarity about the impact of this crisis on demand and supply, any measure undertaken presents the possibility of proving to be eminently wrong when clarity eventually emerges
Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny
Factory workers can only be brought back if there is assurance of advance payment and compensation, besides safety at the workplace, say manufacturers.
The recruitment scenario may be grim right now but the market is gearing up for a U-turn and there is already a silver lining showing in the automobiles sector, which is actively hiring for the manufacturing, sales and quality control roles, says a study. According to TimesJobs RecruiteX, the automobiles sector noted an 8 per cent growth in talent demand in December 2019 as compared to November 2019. It further noted that the infrastructure sector posted the highest growth of 14 per cent in talent demand. "The hiring sentiment right now is hinting at the 'revival mode'. The automobiles sector is a classic example here. The sector is undergoing a major revamp in its offerings as electric vehicles and alongside it is also prepping up its personnel requirement to fit the new scheme of thing," said Sanjay Goyal, business head, TimesJobs and TechGigsaid. "In December 2019, the sector was actively looking for professionals who can make (R&D) and sell the new product lines. The ...
Total employment in the economy stood at 474.2 million during 2011-12, which declined to 465.1 million during 2017-18
The apprentice hiring sentiment is expected to grow by 41 per cent from second half of 2019, as manufacturing and services sectors have opened their doors for apprentices, according to a report. According to TeamLease Skills University report, 'The Apprenticeship Outlook and Index', the apprentice hiring sentiment is expected to grow from current levels of 36 per cent to 41 per cent in JulyDecember 2019. The report revealed that the top manufacturing sectors to hire apprentices in the second half of this year are FMCG & durables (45 per cent) and automobile and ancillaries (42 per cent). It is followed by services sector with retail (45 per cent) and travel and hospitality (44 per cent), it added. The growth is primarily attributed to employers increasingly invested in the apprenticeship model over the last two years especially for cost effective talent creation and enhancedproductivity, it said. The other factors that are driving apprenticeship adoption are the ...
According to TeamLease Services biannual 'Employment Outlook' report for April-September FY20, these industries will witness a 2 per cent increase in net employment