The government has sought applications for a total of 15 positions of judicial and technical members at the National Company Law Tribunal (NCLT) as well as the appellate tribunal NCLAT. As many as 15 posts, including that of 5 judicial members and 5 technical members, are to be filled up at the NCLT. Besides, applications have been invited for 3 judicial members and 2 technical members at the National Company Law Appellate Tribunal (NCLAT). The last date for submission of the applications online for NCLAT is July 5 and for NCLT is July 19, according to two separate notices issued by the corporate affairs ministry on Tuesday. Among other requirements for the positions at NCLT and NCLAT, the applicants should be at least 50 years old. A person should have been a judge of a high court or a judicial member of the NCLT for five years or has a minimum 10 years of experience to be considered for the post of judicial members at the NCLAT. Those with "proven ability, integrity and standing
The report suggested that while there are no job cuts yet, it could be a possibility, given the shipments do not pick up
Indian IT companies revenue growth will slow down further to mid-single digits amid intensifying headwinds for the nearly USD 250 billion dollar sector, domestic rating agency Icra said on Wednesday. The continuing uncertainties are set to take their toll on hiring, and companies are expected to keep employee addition at "low levels" in the near term, the rating agency said, adding that the net addition is negative in the last two-quarters of FY23. As per industry lobby grouping Nasscom's report published in March, the sector's growth slowed down to 8.4 per cent in FY23 from over 15 per cent in the previous fiscal. "Despite a strong order book and deal pipelines of Indian IT services companies, Icra expects the revenue growth to remain subdued in mid-single digits in USD terms in FY2024," the agency said. It has maintained its stable outlook for companies in the sector, which is generally known to have the best quality on leverage positions. The agency said the growth momentum ...
Edtech player upGrad's arm, upGrad Abroad, on Monday said it plans to add 500 members in the next three months to further expand its business footprints. The fresh recruits would be made across multiple sub-departments including sales, marketing, technology and product, upGrad Abroad said in a statement. This recruitment will mainly be fresh talent directly from college campuses and universities to accelerate employability. We have built a strong business model that is minimising geographical barriers not just for our learners but also for the back-end teams. Hence, it's critical for us to get more of such young employees on-board who are keen on international exposure and can work in sync with the brand's mission of easing the skilled talent mobility for several global economies," upGrad Abroad President Ankur Dhawan said. The vertical also expects to break even this year and cross Rs 500 crore of annual gross revenue during 2023-24. "We are building strong business pockets across
The demand for interns is the highest in the IT industry which accounts for 35 per cent of all openings: foundit data
Apple has posted around a dozen openings on its career page inviting applications from professionals in generative AI
Air India, under the stewardship of Tata Group, is revamping the airline group and hiring more people as it expands the fleet as well as operations
Edtech platform Coursera on Thursday said it is expanding online learning in the country with several new partnerships, degrees and certificates, GenAI features and hiring solutions. "We're excited to see our continued momentum in India, driven by the efforts of institutions and the government to equip individuals with skills for a digital future," Coursera Chief Operating Officer Shravan Goli said in a statement. India is one of the fastest-growing markets of the company and is critical to its global strategy, he said. "We're proud to support and empower learners with several new content and platform innovations to accelerate the next phase of their education and career," he added. Coursera has formed 4 new partnerships, introduced a career-focussed degree programme and two university certificates, the statement stated. The online platform has introduced ChatGPT-powered tools and VR features to make learning and teaching more interactive, effective and personalised. Also, the co
IT company Experion Technologies on Tuesday said it plans to invest Rs 50 crore in the next 12 months to expand its international operations and build capacity in Japan, the Nordic region as well as in existing markets including the United States, Australia, New Zealand, UK and Europe. Part of the expansion plan includes an increase in onsite hiring. "The company has allocated Rs 50 crore towards global expansion for the next 12 months. It looks to strengthen its local presence by onboarding technical and senior sales and domain practice leaders in those markets," the company said in a statement. Experion plans to start operations in Japan from June. The company plans to bring advanced tech capabilities, product engineering process competence, and learnings gained from other markets, such as the US, UK, and Australia, to the Asian nation. Additionally, the company will invest in capacity building for engineering verticals comprising automotive and embedded systems, the statement ..
Around 77 per cent of Indian companies interviewed expect hiring to include both replacements as well as new positions in 2023-24, a report said on Monday. According to a report by Kolkata-headquartered HR solutions provider Genius Consultants, southern and western regions will predictively have maximum hiring ratios in this financial year, as specified by 33.30 per cent of participants, said the report. The prime focus for experience levels during hiring is agreed by 36.06 per cent to be four to seven years on average, it said. Merely 9 per cent of individuals deem that employees with 13 years and above experience are top candidates while hiring, it added. The report is based on an online survey of 2,100 company executives and HR professionals from March 12 till April 15, across sectors including banking and finance, construction and engineering, education/teaching/training, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media, oil and gas, pharma and
The overall hiring demand among startups has noted a strong 19 per cent (year-on-year) growth this April 2023 compared to the previous year
After a year of layoffs, the past month has given us evidence that tech employment is stabilizing, even perhaps turning up a bit
Amid a continuous decline in job postings, hiring trends remain upbeat in the sectors related to Cloud, Artificial Intelligence (AI), and Big Data, according to a report on Friday
Among the large metros, Kolkata, Pune, and Hyderabad exhibited recruitment surges of 28 per cent, 22 per cent, and 19 per cent, respectively, in hiring for the real estate sector
The company has launched its report 'Digital People Supply Chain Report - Tech in Non-Tech' for H1-2024
Weighed down by uncertain macros, tech firms may give campus placements a wide berth: Analysts
In their Q4 results, two of the three IT majors in India, TCS, and Infosys, showed that high attrition was still a problem
As non-tech industries adopt more technology, their intent to hire tech talent has increased. Here are the details
The findings showed that working from office emerged as the favoured work mode for current jobseekers, with 57 per cent preferring to work from office
Fewer distress-induced job transitions occurred in Q2CY2021, and only around 20 per cent of salaried and self-employed workers transitioned either into casual-wage work or exited the labour force