Page 4 - India's Job Market

Hiring will not be impacted by any new coronavirus variant: Survey

The survey showed that over 69 per cent respondents are not anticipating a rise in job insecurity with the advent of the new variant

513 students get 662 offers at Indian Institute of Management Bangalore

The Lateral and Final Placements for the PGP and PGPBA Class of 2020-22 of the Indian Institute of Management Bangalore (IIMB) saw 662 offers, leading to all 513 students who appeared for placements being placed. Harsh Agrawal, Placement Representative, said: "Overall, there has been a 37 per cent increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. Strategy Consulting continued to be the most sought-after role among the students, followed by Product Management and Finance. Consulting companies made 248 offers led by Accenture with 51 offers, followed by Boston Consulting Group with 30 offers, an IIMB statement said on Wednesday. Top recruiters included Kearney (27), Bain & Company (26) and McKinsey & Company (22). Prominent recruiters in the Information Technology and Product Management domain, who made 141 offers, are Microsoft (15) and OYO (11). The 65 offers made in the E-commerce space included Amazon (37) and Paytm ...

IT company Hexaware Tech to add 10,000 more to headcount in 2022

To offset the high attrition rate and execute about USD 2-billion order pipeline, global private equity major Carlyle Group-controlled Hexaware Technologies is adding 10,000 more to its 25,000-strong headcount this year, a senior company official has said. Last October, the Carlyle Group offered a reported USD 3 billion to Baring Private Equity Asia for the city-based software firm founded by technology veteran Atul K Nishar in 1990. PTI was the first to report in late August 2021 that Carlyle, the Washington-based private equity, alternative asset management and financial services giant set to pip bulge bracket rivals such as Bain Capital, KKR & Co and the Paris-based outsourcer Teleperformance, was the winner with a USD 3-billion bid for the company. None of the three parties has yet officially announced the deal completion. Nishar, who was founder and chairman of Hexaware Technologies, had in 2013 sold majority stake to Baring PE Asia for Rs 1,687 crore, with an open offer for .

Permanent work from home jobs a hit with Indian jobseekers: Report

In the last six months, Naukri.com has seen 32 lakh job searches for permanent and temporary remote jobs, by Indian job seekers

Hiring demand almost flat in January due to Omicron conditions: Report

Hiring demand was almost flat in January witnessing a one per cent fall compared to the previous month, reflecting the cautious approach of Indian employers due to Omicron conditions, according to a report. On account of the third COVID-19 wave, the retail sector saw of dip of 8 per cent in demand sequentially, travel and tourism also witnessed an 8 per cent fall, while home appliances slipped 5 per cent, according to the Monster Employment Index (MEI), a comprehensive monthly job analysis report by Monster India. While agro (5 per cent) and BFSI (4 per cent) sectors continued to grow on a monthly basis, according to the report. The fall of 5 per cent in home appliances was followed by a drop of 5 per cent in FMCG and food & packaged food, BPO/ITES (-3 per cent), production and manufacturing (2 per cent), and engineering, cement, construction, iron/ steel (2 per cent) industries that showed a negative trend. Further, education, telecom/ISP, and healthcare, biotech and life ...

What is Sekhar Garisa's take on the job trends for 2022?

In an interview with Business Standard's Krishna Veera Vanamali, Monster India CEO Sekhar Garisa says demand for talents is back to the pre-pandemic level across industry sectors. Let's join the chat

TMSEp67: Data protection, job trends, markets, ITR Forms

What ails Personal Data Protection Bill? What is Sekhar Garisa's take on the job trends for 2022? Emerging market equities to underperform? What are the different types of ITR forms? All answers here

PwC India to invest Rs 1,600 crore, create 10,000 more job opportunities

A large proportion of these jobs will come in the areas of digital, cloud, cyber, analytics and emerging technologies.

Tourism has highest job creating potential across sectors: G Kishan Reddy

Reddy also said that the tourism industry has a unique impact on a country as it not only acts as a massive growth engine but also enhances the soft power of a nation.

July hiring activity at all-time high crossing pre-Covid levels: Report

The Indian job market has witnessed sequential growth for the second month in a row: report

Relaxation of curbs on economic activity helping job opportunities: Report

The Teamlease Employment Outlook report for the July-September quarter noted that the intent to hire freshers has increased by 7 per cent in the current quarter.

Hiring activity bounces back with 15% rise in June, finds report

The activity was led by the IT-Software/Software Services sector.

India's hiring rate recovered from 10% in Apr to 35% in May: LinkedIn

India's hiring rate has recovered moderately from 10 per cent in April to 35 per cent in May 2021, but the aftermath of the second COVID-19 wave has left professionals in India increasingly vulnerable to the economic uncertainty, as per LinkedIn data. India's hiring rate on LinkedIn dropped from 50 per cent in March 2021 to 10 per cent in April 2021. The hiring rate witnessed a modest revival to 35 per cent in May 2021, as localised curfews gradually lifted and economic activity partially resumed. However, working women and young professionals still remain vulnerable to economic turbulence. "Working women are 4x less confident than working men, while the average time taken for new graduates to find jobs has increased from 2 to 3 months," according to LinkedIn. Some of the dominant industries on LinkedIn that are actively hiring are -- Finance, Corporate Services, Manufacturing, Healthcare, and Hardware & Networking. On the other hand, the industries that witnessed a decline in ...

Data analytics firm Ugam to hire over 1,300 professionals this year

In 2019, Ugam, which helps enterprises make superior decisions and serving both business-to-business and business-to-consumer enterprises, was taken over by US-based Merkle

Tech hiring rebounds in May; overall job market still weak, says report

Other profiles like sales, marketing, site engineering, human resources, finance and project manager witnessed flat demand, the report added.

Indian labour market now in worst condition since Apr-May 2020: CMIE

The employment rate continues to worsen amid the second wave of Covid-19

Hiring received booster dose in January-March period in India: Report

About 90 per cent of the large organisations stepped up their hiring: report

60% companies looking to hire talent for new positions this year: Survey

60% companies looking to hire talent for new positions this year: Survey

Hiring outlook expected to be more or less stable in third quarter 2021

1,303 employers across India were surveyed

Remote work spreads across businesses amid Covid-19 pandemic: Indeed

Says searches for remote work skyrocketed by 966 per cent year-on-year last month