Talent Firms

Dharma Productions buys Cornerstone's stake in its talent management firm

With this, Dharma Productions will get full control over Dharma Cornerstone Agency, which was started as a joint venture with Cornerstone Sport and Entertainment

Three-fourths of companies intend to hire freshers in H1 2025: TeamLease

As leading information technology firms ramp up hiring to meet increased project demands, the industry is poised to witness a surge in fresher hiring, with over 150,000 entry-level roles projected

Karnataka emerges as top state in Positive Talent Balance: Report

Net talent positivity is assessed based on a state or city's ability to absorb, retain, and facilitate talent corridor movements

NIIT Q1FY25 results: PAT rises to Rs 7.75 cr, revenue up 32% at Rs 82.47 cr

Talent development company NIIT on Friday reported a three-fold rise in its consolidated net profits at Rs 7.75 crore in the June 2024 quarter. It had reported a net profit of Rs 2.18 crore in the year-ago period. Revenue from operations for the quarter under review came in at Rs 82.47 crore, up 31.86 per cent from Rs 62.54 crore in the corresponding quarter of the previous fiscal. Seen sequentially, revenue grew 10.93 per cent, but net profit declined 30.5 per cent. "The growth was driven by expansion in number of customers across private banks, GCCs, Tier II GSIs and large Indian enterprises. All round growth in the business led by 94 per cent YoY growth in BFSI and other programmes and technology programmes up 13 per cent YoY. BFSI & other programmes contributed 34 per cent of revenue in the quarter," the company said in a statement. NIIT vice chairman and managing director Vijay K Thadani, during the company's earnings press conference, said the revenue is in harmony with ...

GCCs focus on retention strategies, fintechs turn to local language tools

As companies continue to grow and invest in disruptive technologies, they have to ensure there is a sufficient supply of talent as they scale operations

CIEL HR acquires talent assessment company, plans IPO in Q2 of FY24

Skilling solutions firm is in talks to acquire two other professional staffing companies before its goes public

Salesforce plans to focus on India from revenue, talent perspective

US cloud-based service provider Salesforce has a big focus on India from a revenue and talent perspective, its executive vice president of real estate and workplace services Relina Bulchandani said on Thursday. According to Bulchandani, the future is incredibly bright for India. The San Francisco-based company is really committed to increasing its headcount in India, she said. "We have a big focus on India from a revenue and talent perspective... India is an incredible country from a growth perspective,' she told PTI on the sidelines of Salesforce's Dreamforce 2022 conference. Currently, Salesforce has offices in six Indian cities -- Mumbai, Hyderabad, Bengaluru, Pune, Gurugram and Jaipur. Bulchandani pointed out that Salesforce increased its headcount significantly during the pandemic period to 7,500 from 2,500 in April 2020. "Currently, we are growing rapidly. Like I said, in the last two years, we have grown 3x. "So, I would like to see that growth continuing going forward,"

Google Ventures-backed talent engagement startup Sense raises $16 mn

The company specialises in artificial intelligence-driven talent engagement and communication

India Inc shifting to recruiting firms for talent acquisition: Report

The study covered over 200 senior to mid level executives across sectors from December 2019 till January 2020

Budding talent

Kishore foresees further car-pooling likely to face a hurdle in the foreseeable future.