Hiring activity for white-collar jobs witnessed a 12 per cent on-year decline during October-November largely due to fall in recruitment trends in IT-Software, telecom and education sectors, a report said on Thursday. White-collar recruitment during October-November declined by 12 per cent with 2,433 job postings, compared to 2,781 during the corresponding months in 2022, according to the 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. While, telcom, education, retailing sectors witnessed 18 per cent, 17 per cent and 11 per cent decline, respectively, during October-November compared with the same months in 2022, sectors like hospitality, travel, auto and auto ancillary the hiring trend was stagnant, the report said. Meanwhile, Oil and Gas sectors recorded 9 per cent increase in hiring in the ...
Lesser revenue generation expected as telecom operators have already bought most 5G airwaves
Telecom service providers gross revenue increased by 5.88 per cent on a year-on-year basis to Rs 80,899 crore during the quarter ended June 2023, sector regulator Trai said on Tuesday. According to the Telecom Regulatory Authority of India (Trai) Performance Indicator Report, the gross revenue declined 5.22 per cent on a quarterly basis from Rs 85,356 crore registered in March 2023 quarter. The applicable gross revenue (ApGR) and adjusted gross revenue (AGR), on which government share of revenue is calculated, increased by 6.17 per cent and 8.42 per cent to Rs 78,349 crore and Rs 65,354 crore, respectively, according to the report. Gross Revenue (GR) decreased by 5.22 per cent, Applicable Gross Revenue (ApGR) fell by 0.36 per cent and Adjusted Gross Revenue (AGR) increased by 1.75 per cent during the quarter ended June 2023. On YoY basis, GR increased by 5.88 per cent, ApGR rose by 6.17 per cent and AGR increased by 8.42 per cent in the quarter ended June 2023, the report said. The
The decision to increase human resources in the enterprise business comes at a time when BSNL has registered a dip in revenue in the segment in the last two quarters
Talks with the iPhone maker are going on and the issue may be resolved in a few months, say senior officials
Rs 1,500 crore sits unutilised as only 20 of the 42 companies met their targets at the end of the financial year in March 2023
India's largest mobile operator Reliance Jio added 32.4 lakh users in August, and its wireless subscriber tally topped 44.57 crore, according to data released by telecom regulator Trai. Bharti Airtel gained 12.17 lakh wireless subscribers in August, while cash-strapped Vodafone Idea lost 49,782 users. The mobile subscriber count of Bharti Airtel rose to 37.64 crore in August. Vodafone Idea (Vi), on the other hand, saw its wireless subscriber numbers dip to 22.82 crore during the month. Reliance Jio cemented its position as India's largest mobile operator, adding 32.45 lakh users in August and its wireless subscriber base swelled to over 44.57 crore, according to monthly telecom subscription data released by Telecom Regulatory Authority of India (Trai). Jio's net adds for August were, however, lower than 39 lakh additions in July. "In August, 12.67 million subscribers submitted their requests for Mobile Number Portability (MNP)," Trai said. With this, the cumulative requests (sinc
The D2M proposal is also likely to make smartphones in India costlier by at least Rs 2,500
Other companies that have applied for the BSNL contract include domestic vendors like United Telecoms (UTL), and Tata Group company, Tejas Networks
Telcos say businesses dragging feet on new Digital Consent Authorization
All of these 20 companies, including Nokia and Jabil, have met their targets under the production-linked incentive scheme for manufacturing telecom goods
For the just-ended quarter, the consolidated net income (before exceptional items) came in at Rs 2,960 crore, up by 44.2 per cent year-on-year
While Indian telecom operators have completed the roll-out of 5G network across the country, Nokia sees demand for equipment will be substantial in 2024-25, a senior company official said. Speaking to PTI at the India Mobile Congress, Nokia India head of mobile networks business Tarun Chhabra said that the proliferation of fixed wireless access network will usher the Indian telecom sector into the second phase of 5G network deployment. "India's requirement is still going to be substantial in 2024-25, then our factories will be fully loaded with India plus some exports," Chhabra said. Nokia has recorded multi-fold growth in its telecom gear business in India on account of rapid 5G network deployment. In the third quarter financial report, Nokia President and CEO Pekka Lundmark said the business continued to benefit from 5G deployments in India, where net sales more than doubled year-on-year, but sales volume moderated significantly on a sequential basis as the pace of deployment has
After success in India, telecom major Reliance Jio sees global foray as an option which is continuously under evaluation at the company, a senior company official said. While speaking to the media at India Mobile Congress, Reliance Jio President Mathew Oommen said that India is now a tier 1 plus country and there should be no apprehension in framing policies that are right for the nation. We think the opportunity for India to go global is big. Reliance will continue to review options to see how best to represent India globally and offer value to customers leveraging the technology capabilities that we have already operationalized in India, Oommen said. He said that to truly drive the Digital India vision, the government should start leveraging Rs 75,700 crore Universal Services Obligation Fund (USOF) not just for mobile tower deployment but to make devices and services affordable and accessible for individuals. He said Jio Bharat Phone ecosystem is an enabler to 2G mukt Bharat and
The government wants India's telecom service to remain the most affordable in the entire world, union telecom minister Ashwini Vaishnaw said. According to the telecom sector industry body Cellular Operators Association of India, telecom operators have not been able to monetise 5G service since its launch last year. "From the government side we are very clear. We would like telecom service to continue to remain the most affordable in the entire world and today among all large economies India's telecom sector is the most affordable telecom sector," Vaishnaw told PTI in an interview at India Mobile Congress 2023. According to analysts, telecom operators need an average revenue per user (ARPU) in the range of Rs 270-300 over next three years to realise the investments they are making in building 5G networks. At present ARPU in India is in the range of Rs 140-200 compared to global average of Rs 600-850 and about Rs 580 in China. Telecom operators have been demanding that 4-5 apps that
On semiconductor manufacturing, the minister said at least three players were in advanced talks with the government for building a chip plant in India
PM Modi said that the need of the hour is to take forward the success in mobile and electronics and establish a strong semiconductor manufacturing sector in India
Company incurred higher expenses on rising finance cost, slow revenue growth
Telcos sought additional time for implementation of new rules as it required change in their IT systems. Considering the request, the government has given a one-time extension
Telecom major Jio has topped across nine mobile network parameters in the first half of 2023, Broadband speed and quality research firm Ookla said on Tuesday. According to Ookla, Jio emerged as the number 1 network in India, winning all nine awards for mobile networks in the market, including all awards for 5G networks. The achievement is a first for any service provider anywhere in the world, it said. Among the nine parameters, Jio bagged the top rank for best 5G gaming experience network in the country with a score of 87.09, video experience with 86.23, mobile gaming experience (77.31), mobile video experience (77.04), fastest 5G mobile network with a speed score of 335.75, and best mobile coverage, with a score of 801. "Over the past seven years, we've set several global benchmarks, propelling India into digital prominence. Today, our ambitions are even higher, and our faith in India's digital future is as strong as ever," Reliance Jio Chairman Akash Ambani said. "I am particul