Hiring

The company has recruited about 2,500 people in the last 12 months in India

The EPFO data is considered crucial as it reflects the state of the formal labour market. Only the formal workforce enjoys social security benefits and is protected by labour laws

While qcom has emerged as a viable alternative, the overall investments and count of players in the segment will go up

He spoke about investments from China, India's potential to develop cost-effective artificial intelligence solutions, and the role of India Inc in driving demand

Bullish on growth opportunities, contract manufacturer Aequs is set to strengthen its aerospace manufacturing capabilities, expand consumer segment footprint as well as set up an MRO this year. The company will also ramp up manpower by around 1,000 people in the financial year ending March 2026, according to its Chairman and CEO Aravind Melligeri. Aequs -- which provides vertically integrated product solutions for the aerospace and consumer goods industries, including high precision electronics components -- currently has around USD 120 million annual revenues. Airbus, Boeing, Collins and Safran are among the aerospace customers of Aequs, which also has facilities in France and the US. Elaborating on the future plans, Melligeri mentioned about expanding into the precision consumer electronics space and setting up the Maintenance, Repair and Overhaul (MRO) jointly with Canada's Magellan Aerospace Corporation in 2025. Initially, the facility will start with works for turboprop ...

India's hiring activity rose 31 per cent in December, driven by consumer electronics, manufacturing, and construction and engineering sectors, a report said on Wednesday. According to foundit insights tracker (fit), the country's hiring activity rose 12 per cent over the past six months, with a 31 per cent year-on-year increase in recruitment in December. The fit is a comprehensive monthly report analysing online job posting activity conducted by foundit.in. The report further said the growth in hiring is reflected across sectors, led by consumer electronics, manufacturing, and construction and engineering leading the charge with 60 per cent, 57 per cent, and 57 per cent YoY, respectively. Meanwhile, AI jobs in India surged 42 per cent over the past two years reaching 2,53,000 positions. Top skills include Python, AI/ML, data science, deep learning, SQL and software development. Additionally, expertise in specialised AI frameworks such as TensorFlow (15 per cent) and PyTorch (16 p

The partnership aims to address hiring challenges and create job opportunities for young individuals while strengthening the startup ecosystem

"The increase in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce"

Majority banking leaders across the world say they would be willing to reward employees who made effort to return to office

The NCLT currently operates with 43 members out of its authorised strength of 63. Legal experts believe that if the NCLT had been at full capacity, Jet Airways might have had a chance at revival

The newly implemented regulations aim to incentivise companies to hire Canadians before resorting to foreign talent

Raymond's garments business, which exports to the United States, Europe and Japan, reported sales of Rs 1,139 cr last year, accounting for over a tenth of the group's revenue

Automotive ancillaries player Assurance Intl Ltd on Friday said it is planning to hire 2,000 people in India over the next two years as part of its growth strategy and elevate sales of licensed products for various global brands. The recruitment drive will focus on attracting top talent across key regions in India, offering diverse opportunities in engineering, sales, customer support, and operations, the company said in a statement. "The addition of 2,000 new positions will not only support our strategic initiatives but also play a vital role in enhancing sales and delivering exceptional customer value," Assurance Intl CEO Mukesh Sharma said. This recruitment initiative is a crucial component of Assurance Intl's long-term strategy to remain competitive in the rapidly evolving automotive landscape. Gurugram-headquartered Assurance Intl is into manufacturing and marketing company for automotive products known as lubricants, batteries, filters, accessories, and spare parts. It has ab

The EPFO data is considered crucial as only the formal workforce enjoys social security benefits and is protected by labour laws

Internships, lateral hires, and recruitment for CAs and CFAs grew, but MBA and diploma holder hiring saw the least growth in FY24 compared to FY23

Seasonal jobs are short-term jobs taken up during a particular period of time. They may be part-time or full-time and typically last six months or less

In comparison, BFSI firms hired 172,000 people on a net basis in 2022-23 (FY23), while IT services companies had a net recruitment of 131,000 employees

The overall white-collar hiring activity during the month witnessed a dip of 3% on a yearly basis in August this year, said the report