Tata Electronics plants will gradually serve all sectors in a phased manner by supplying chips and generate around 72,000 jobs over the years, Tata Sons Chairman N Chandrasekaran said here. While speaking on the sidelines of the groundbreaking ceremony of Tata Electronics' Rs 91,000 crore chip manufacturing plant and Rs 27,000 crore chip assembly facility in Assam, Chandrasekaran said there will be the expansion of projects but only after the company cross the early milestones. He said Tata Electronics chips will cater to the requirements of various sectors, including automotive, power, electronics, consumer, and medical, among others. "There is a whole range of sectors, which have a need for chips in this sector. Obviously, we can't produce all form factors on Day 1. It will happen in stages, but we will be serving all sectors," Chandrasekaran said. Tata's chip plant is capable of producing wafers in 28 nanometers (nm) to 110 nanometer nodes, the chairman noted. High-tech gadget
Employers in India continue to report bullish hiring outlook for the upcoming June quarter, with 36 per cent of companies planning to add more staff in the next three months, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey of nearly 3,150 employers, India reports the strongest outlook among 42 countries across the globe. For the April-June period, 50 per cent of employers are forecasting an increase in payrolls, 14 per cent anticipating a decrease and 33 per cent expecting no change, while 3 per cent are unsure, the resulting net employment outlook is 38 per cent. "India tops the list of countries across the globe with a Net Employment Outlook of 36 per cent despite organisations struggling to activate their hiring plans with talent shortages at 80 per cent," ManpowerGroup said in a statement. India's net employment outlook has strengthened by 6 per cent since April-June 2023 and is down 1 per cent when compared to the same period ?last ..
The current law, the Apprentices Act of 1961, mandates organisations of a certain size to take apprentices in the range of 2.5-15 per cent of their workforce, said Chakravarty
Initial claims for state unemployment benefits held at a seasonally adjusted 217,000 for the week ended March 2, the Labor Department said on Thursday
A Congress government will guarantee a "bharti bharosa" to the youth, where the Centre will take steps to fill three million vacant government jobs
Bloomtex Industries is one of the industrial units that has set up their unit in SIDCO, the new industrial estate at Kathua's Bhagthali
EPFO data shows 10.78 mn new users joined compared to 11.93 mn in 2022
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Hiring of white-collar workers fell 11 per cent on an annual basis in January, while it sequentially rose 1 per cent during the same period, a report said on Tuesday. On a year-on-year basis, the overall hiring in the IT sector declined 19 per cent in January this year. However, healthcare, hospitality and FMCG witnessed annual job growth last month in an otherwise cautious market, according to Naukri JobSpeak Index. The Naukri JobSpeak is a monthly index representing the state of the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. As per the report, hiring for niche AI-related roles such as machine learning engineer and full stack AI scientist jumped 46 per cent and 23 per cent, respectively, year-on-year. On an annual basis, hiring in the healthcare sector rose 7 per cent in January with maximum increase in demand for administrative roles. Recruitment in the travel and hospitality sector
Debashis Chatterjee, director, IIM-K, said that they recognise a downturn in the market, but there is no panic in the institute because there was a steady absorption of its students
Data for November was revised higher to show 8.925 million unfilled positions instead of the previously reported 8.79 million. Economists polled by Reuters had forecast 8.75 mn job openings in Nov
A large number of RJD workers were present after the RJD supremo came out of the probe agency's office in Patna
While the incentive disbursement to companies participating in the scheme was Rs 4,415 crore as of now, the payout as of September was Rs 1,541 crore
In the absence of a full-time chairman, important decisions such as whether satellite spectrum would be auctioned in India or allocated administratively remain pending
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Bihar Chief Minister Nitish Kumar on Saturday asserted that his government was looking forward to not just achieving but "exceeding" the target of creating 10 lakh government jobs in the state. Speaking at a function organised here for the distribution of appointment letters to newly recruited teachers, Kumar said his government provided appointment letters to 96,823 newly recruited teachers at all district headquarters in the state during the day. "Here at Gandhi Maidan, a total of 26,935 newly recruited teachers are getting their appointment letters. We have so far provided government jobs to 3.63 lakh people in the state," he claimed. "We will soon achieve the target of providing 10 lakh government jobs to youths of the state. Let me make it very clear that we will not just achieve the target but exceed it... the state government is working in that direction," the CM said. Besides, five lakh employment opportunities have been created for the state's youths, and around 3.68 lakh
Bhavani is a chartered accountant by qualification with over four decades of experience in auditing a variety of clients
The fall in headcount is a serious issue for the sector as well as for engineering graduates, as both these firms are the largest recruiters from campuses
Finding a good job can be a hectic process for you. It can be very difficult especially with the current highly competitive environment. Here are the 10 essential tips for you to land your dream job
India needs to optimise capital allocation for enhanced employment opportunities