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Recruiters looking for professionals to combat attrition
... cent and 10 out of 13 cities showing positive demand, with Mumbai logging the maximum growth at 23 per cent. The metro cities that followed Mumbai were 15 per cent Delhi-NCR 13 per cent Ahmedabad 11 per cent Pune 9 per cent Chennai 8 per cent and Bangalore 4 per cent Coimbatore led the pack among non-metro cities with a 19 per cent jump in hiring. Kolkata -- 2 per cent Chandigarh -- 5 per cent and Jaipur -- 3 per cent were cities that saw a dip in hiring activity, while most Tier 2 cities have ...
Updated: 07/07/2022
61 per cent of companies planning to hire more in Q2
... noted that IT and Sales are the most in-demand job functions, but with employers increasing their plans to hire for other functions, the forthcoming quarter is set to see increased levels of hiring for engineering, marketing and blue-collar positions. Bangalore 97 per cent of Mumbai 81 per cent and Delhi 68 per cent lead the pack for hiring intent for the services sector. The most promising cities in the manufacturing sector are Delhi 72 per cent followed by Mumbai 59 per cent and Chennai 55 per cent....
Updated: 07/06/2022
Tata Power signs MoU with Tamil Nadu govt for 4 GW Solar Cell, 4 GW plant
... 2,000 employment opportunities with a majority of of them being women employees. Tata Power is the first to have a solar manufacturing facility in India in 1991, and its Tamil Nadu facility will be the second manufacturing unit of the company after Bangalore, with a production capacity of 635 MW of modules and 500 MW of cells. The MoU was signed by S Krishnan , Additional Chief Secretary, Tamil Nadu Government 's Industries Department and Praveer Sinha, CEO MD, Tata Power in the presence of state ...
Updated: 07/04/2022
Bertelsmann India Investments earmarks $500 million for investments in India
... range of $2 -- 5 million. The company plans to invest in health-tech, enterprise-tech, future of work, fintech , agritech , deeptech, and Web 3 for the 2022 and 2023 period. The fund said it will open more offices in India, including in Mumbai and Bangalore. The fund is headquartered in Delhi. Retail tech firm Arzooo, realty platform PropShare , business-to- business B2B marketplace Solv, and fintech start-ups Progcap and GetVantage raised new funding rounds in a relatively mooted week for start-up ...
Updated: 07/02/2022
Residential home sales jump 365% in April-June quarter
... 365 per cent year-on-year YoY during the April-June period. In April-June 2021, some 15,970 units were sold in top eight metro markets, this time the offtake has grown to 74,330 units. Industry experts say the growth in top markets like Mumbai and Bangalore is more encouraging. In Mumbai, the largest residential real estate market in the country, sales of new homes have jumped by an astounding 673 per cent YoY to 26,150 units, up from 3,380 units last year. Some 8,350 units were sold this quarter ...
Updated: 06/29/2022
Tata and Renesas form strategic partnership
... , TML and Tejas Networks Ltd. Tejas This strategic partnership will focus on the development of semiconductor solutions for technologies across automotive, IoT and 5 G Systems. Renesas and Tata Consultancy Services Limited TCS will also partner in Bangalore by establishing a Joint System Solution Development Center, which will focus on comprehensive system solutions for the IoT, Industrial and Automotive segments by leveraging Renesas semiconductor solutions and TCS industry experience. Tata Group ...
Updated: 06/29/2022
Vijay Mallya attempts to overturn bankruptcy order
... State Bank of India, and JM Financial Asset Reconstruction Co. Pvt Ltd are among the Indian banks represented by law firm TLT LLP and Barrister Marcia Shekerdemian. The banks were granted a worldwide freezing order WFO on the basis of a judgment of the Bangalore Debt Recovery Tribunal in the case from May 2018, when the hearings in the case date back to May 2018. There have been a series of hearings about this case which resulted in a bankruptcy order against Mallya on July 26 last year. Appeals against ...
Updated: 06/28/2022
Delhi Police get 4-day remand by Alt News co-founder
... Zubair before Chief Metropolitan Magistrate Snigdha Sarvaria on the expiry of his one-day custodial interrogation. The police had sought a 5 day remand earlier in the day. After being in custody for four days, Delhi Police is told to take Zubair to Bangalore to retrieve his electronic device, since he has been non-cooperative. The police said that other FIRs were also registered against him in different matters. Zubair was arrested and sent to one day of police custody after a First Information ...
Updated: 06/28/2022
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