India is expected to witness a marginal 7 per cent rise in job creation in the October-March period of this financial year, as subdued economic conditions have dampened employment outlook, a report said on Monday. According to TeamLease's bi-annual Employment Outlook Report for HY2 2019, economic reforms lifted the spirits for seven of the 19 sectors surveyed, while nine sectors reported a decrease in their outlook for October-March period of this fiscal. India will witness a 7.12 per cent increase in job creation in the current half year (October-March, 2019-20), it said. Positive hiring outlook was reported in sectors like healthcare & pharmaceuticals, information technology, e-commerce and tech start-ups, educational services, KPO, power and energy, and logistics. The sectors that are expected to witness decrease in hiring include manufacturing, engineering and infrastructure, construction and real estate, financial services, retail, BPO/ITeS, telecommunications, travel and ...
Consumer index underperformed the broader indices in November as investors looked at alternatives
Investors are chasing good performance and companies which are doing better are being bid up disproportionately
After losing a case in the Calcutta HC against ITC over a trademark issue, the board has appealed to the Division Bench of the same court and it is hopeful that the issue can be sorted out amicably
The net profit was impacted by one-time impairment in value of investments to the tune of Rs 40 crore
Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data
According to the report, the slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation
Nonetheless, lower tax rates mean a direct push to earnings and so to their return ratios, and hence more room for valuation re-rating
Sales of staples will recover in the second half of the fiscal year that began April 1, as farm-support measures and above-average rain lift rural incomes, the brokerage said in a report
The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually
The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago
He says, while charting uncertain times, the key is not to look at daily changes in weather, but to look at changes in the season
Top line growth, in particular, has been weak as underlying volume growth, which began to moderate in the March quarter, tapers even further in Q1
Firms move to protect turf as competition from unconventional rivals intensifies
Many were hoping for a revival in sentiment following the general elections, but that isn't the case
Most firms have put cost control measures to improve margins, bottom line