Employment

News and Trends

Cisco Opens First Manufacturing Facility in Chennai to Boost Local Production; Envisions to Create 1,200 Jobs

The inauguration of the Chennai unit was a high-profile event, attended by the Union Minister of Communications and Minister of Development of North Eastern Region, Jyotiraditya Scindia, Cisco CEO Chuck Robbins and Cisco India President Daisy Chittilapilly.

News and Trends

Karnataka Sets Ambitious Goal to Double Global Capability Centres by 2029; Aims to Create 3,50,000 New Jobs by 2029

The government is keen to expand beyond Bengaluru, promoting cities such as Mangaluru, Mysuru, and Tumakuru as attractive alternatives for foreign companies to set up operations.

News and Trends

National Engineers Day 2024: AI Race, Loans, and Employability

India produces 16% of the world's AI talent pool, and by FY29, there will be a 10% annual increase in college fees

News and Trends

How e-Commerce is Fueling The MSME Growth in India

MSMEs are the driving force of the economy for the country, backed by the strong connectivity of e-Commerce

News and Trends

e-Commerce Export Hubs to Generate Over 2.25 Lakh New Jobs: Report

The government's plan to establish 50 e-Commerce export hubs aims to create 2.25-2.75 lakh additional jobs, as per report from TeamLease

News and Trends

Role of Women Workforce in Achieving $30 Trillion Economy by 2047

India aspires to be a $30 trillion economy by FY47 and women employment plays a crucial role in achieving this goal

News and Trends

Streaming VOD Sector is Projected to Create a Potential of 3,30,000 Jobs by 2028: Report

Premium online video is now comparable to other media industries in terms of investments and its economic impact on the film business, telecom and other allied industries

News and Trends

More Than 80% of Working Professionals Plan to Invest in Upskilling in FY25: Study

A recent survey reveals that 79 per cent of professionals believe upskilling is essential for safeguarding their careers in FY25.

News and Trends

Consumer & Retail Firms To See Resurgence In Q4: Report

Healthcare and pharmaceuticals, electric vehicles and infrastructure will experience incremental workforce expansion, predicts TeamLease report

News and Trends

India's ESG Jobs See 223% Increase Since 2019: Indeed

The study reveals that the increase in ESG-related positions is a testament to the growing focus on sustainability and corporate responsibility within the Indian job market

News and Trends

Median Salary Growth Slightly Lower Than Last Year: Team Lease Report

However, over 41% of job profiles in various industries have just a 5% pay difference between permanent and temporary roles

Business News

As Tech Hiring Slows, This Industry is the Fastest-Growing Employer in the U.S.

Hospitality has rebounded from pandemic lows and outpaced other industries for hiring in the first half of 2022 and has now become the leading employer in the U.S. as of January 2023.

News and Trends

NxtWave Raises $33 Million From Greater Pacific Capital

The company claimed to be building India's largest online employability platform for new-age technology careers

News and Trends

Union Budget 2023: Rural Jobs Scheme Witness Cut In Allocations

The allocation for the rural job scheme for the next financial year is reportedly 17.80% lesser than the budgetary estimates of INR 73,000 crore for 2022-23

News and Trends

Budget 2023: Focus On Employment Creation

As per Sitharaman's words, the vision for Amrit Kaal includes a technology-driven and knowledge-based economy with strong public finances and a robust financial sector