As per a statement, Ahuja, who will be based in Los Angeles, will report to Sony Group Corporation Chairman and CEO Kenichiro Yoshida and Sony Group Corporation President, COO and CFO Hiroki Totoki
Sector GVA also rose 7.3% Y-o-Y to Rs 21.97 trillion
The Congress on Monday dismissed as "half-truths" the government's assertions of creating eight crore employment opportunities between 2021 and 2024 and 6.2 crore net subscribers joining the EPFO database, and said no "spin-doctoring" can take away from the fact that 2014-24 has seen "jobloss growth". Congress general secretary in-charge communications Jairam Ramesh said that amidst the "U-turns and scandals" that have marked the last few months of this "tottering" government, "the non-biological PM and his drum beaters have tried to find some solace in their economic record, claiming to have created eight crore employment opportunities between 2021 and 2024". "This claim initially emerged from the RBI KLEMS data, which we had earlier countered on July 15th, 2024. The Government's spin doctors have now mustered another statistic - that of 6.2 crore net subscribers joining the Employees' Provident Fund Organisation (EPFO) database between September 2017 and March 2024. Both claims are
UST, a digital transformation solutions company, on Monday outlined plans to expand its footprint in India by adding 3,000 new jobs at its upcoming Kochi campus over next five years. The California, US-headquartered company is gearing up to inaugurate its own campus in Kochi, Kerala, by December 2027, according to a release. UST, which already has a facility operating out of Infopark Kochi, caters to the US, UK and Asia Pacific clients across domains such as healthcare, retail, telecom, financial services/asset management, and hi-tech. The company, which has a target of having 6,000 employees in the next five years (in Kochi), currently employs more than 2,800 people in its existing facility at Infopark Kochi. The new UST campus will be completed in three years, and will be a 10-floor building with 4,400 seats, spread over 6,00,000 square feet. "When the Kochi campus goes on stream, it will become the second owned campus in India for UST after Thiruvananthapuram," it said. UST CE
PLFS data for the period suggests share of self-employed, wage-jobbers up
CBI gets approval from Ministry of Home Affairs for prosecution sanction for Lalu Prasad Yadav in land-for-jobs case; Delhi court summons Tejashwi Yadav
Small and medium enterprises have generated over 35 million job applications in the first eight months of this year fuelled by rising demand in key sectors such as BFSI, BPO, and hospitality, says a report. This rise reflects growing demand for key roles such as Sales & Marketing Managers, Accounting Technicians, Telecallers, Back Office Executives, and Business Development Associates, according to jobs and professional networking platform apna.co. "SMBs and MSMEs employ more than 110 million people and their success is crucial for our nation's journey towards the USD 5 trillion economy goal. As the backbone of our economy, these sectors are set to witness significant growth, with workforce demand expected to rise in tandem," Nirmit Parikh, Founder & CEO, apna.co said. Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 cities like Jaipur, Indore, Ahmedabad, Lucknow, Kochi, and Bhubaneswar, apna.co said. As businesses expand in these ..
Brainard, the former Fed vice chair who now serves as the director of the White House National Economic Council, said the Biden administration's focus now is to support growth and the labour market
Tata said in January that up to 2,800 jobs were at risk from closure of its two blast furnaces at Port Talbot, with about 2,500 job losses likely next year after 2023 govt-backed plan to shut them
New framework likely to keep a short-term target of 3 to 5 years
Sourcing and developing talent in next-gen technologies remains a significant hurdle, with 72 per cent of organisations finding it difficult to recruit skilled experts
Amit Shah also promised that if elected, the Bharatiya Janata Party will fully rehabilitate Kashmiri pandits
As festival season is about to begin, seasonal hiring is projected to surge by 20 per cent over last year, with the e-commerce industry leading the trend amid increased demand, according to the data by job site Indeed. The top gig roles that have been witnessing increased hiring are delivery executives, warehouse workers, logistics coordinators, in-store sales executives, and customer care executives, the data showed. Several industries are reporting a marked increase in demand for seasonal workers, with e-commerce leading the trend with a 35 per cent rise in demand, followed by logistics (15 per cent), retail (14 per cent), and quick commerce (11 per cent). "The festive season is a crucial period for businesses across India, and we're seeing a significant uptick in hiring for seasonal roles as companies prepare to meet heightened consumer demand. "The industries that are growing -- e-commerce, logistics, quick commerce -- are doing so because they're aligned with the needs and ...
Automation, AI, and digitisation are not limited to a particular sector and while jobs have evolved, skillsets haven't
The CISF has issued a notification to announce a recruitment drive for 1,130 Constable Fireman positions. Candidates can apply for the post from August 30 to September 30, 2024
Tamil Nadu has attracted investments worth over Rs 9 lakh crore in the last three years and generated 31 lakh new jobs, Chief Minister M K Stalin said on Wednesday. Ahead of his visit to the United States next week to woo investors, Stalin on Wednesday unveiled a slew of new projects worth Rs 68,773 crore that would generate 1 lakh jobs in the state. "This is a very important day in the industrial and development history of Tamil Nadu. It is a day to showcase our economic prowess to the world -- and a day to realise that Tamil Nadu has a bright future," the Chief Minister said at the Tamil Nadu Investment Conclave here. The projects unveiled by CM include the inauguration of 19 new projects worth Rs 17,616 crore and laying the foundation stone for 28 different projects valued at Rs 51,157 crore, he said. With the launch of these new projects, 1,06,803 new jobs will be created, he said. "If industry grows, through that industry, the state grows. Families also grow and live through t
NITES alleged that despite fulfilling all requirements on their part, these professionals have been kept in limbo for more than two years, causing immense frustration, anxiety, and uncertainty
Majority of blue-collar jobs in India pay within the salary range of Rs 20,000 or less per month, suggesting that a substantial portion of the workforce is grappling with financial strain, struggling to meet essential needs such as housing, healthcare, and education, a report has said. Over 57.63 per cent of blue-collar jobs fall within the salary range of Rs 20,000 or less per month, indicating that many workers earn close to the minimum wage, tech-enabled blue collar recruitment platform WorkIndia said in a report. In addition, the report revealed that about 29.34 per cent of blue-collar jobs are in the moderate earning bracket, with salaries ranging from Rs 20,000-40,000 per month. Workers falling under this category, experience marginally improved financial security but are far from achieving a comfortable standard of living, it said. The income in this range may cover necessities but it leaves little room for savings or investments, which highlights the economic vulnerability
The number of active job openings in July reflected a 4 per cent decline from July 2023 and a 10 per cent drop from July 2021, particularly in roles requiring one or more years of experience