Naukri Job Speak Index

White collar hiring rises by 2% in Nov driven by non-IT sector: Report

White-collar hiring activity reported a modest 2 per cent growth in November compared to the same month last year, mainly driven by sectors including oil and gas, artificial intelligence-machine learning (AI/ML), FMCG among others, a report said on Tuesday. Naukri JobSpeak Index, an indicator of white-collar hiring activity, reported modest trends in November, coming in at 2,430 points, reporting a 2 per cent year-on-year growth. This positive trend is driven by strong growths in key non-IT sectors like Oil and Gas (16 per cent), Pharma/Biotech (7 per cent), FMCG (7 per cent), and Real Estate (10 per cent), alongside sustained momentum in emerging domains like AI-ML (30 per cent) and global capability centres (11 per cent), the report said. The IT sector continues to hold steady, registering a flattish trend compared with last year. In November, standout performers included Oil and Gas (14 per cent), Artificial Intelligence-Machine Learning (20 per cent), FMCG (6 per cent) and GCCs

Stock idea: Analysts raise target price on Info Edge post Q4; details here

Info Edge (India) stock price update: Info Edge stock price zoomed 8 per cent to Rs 6,338.55 per share on the BSE in Friday's intraday trade

Info Edge Q4 results: Net profit at Rs 88 crore, revenue rises 7.9%

Naukri.com owner Info Edge posted a consolidated net profit of Rs 87.9 crore in the fourth quarter ended March 31, 2024. The company had registered a loss of Rs 503.1 crore in the year-ago period. The consolidated revenue of operations increased 8.7 per cent to Rs 657.42 crore during the quarter under review from Rs 604.78 crore a year earlier. Info Edge (India) recorded 7.9 per cent growth in its revenue from operations at Rs 608.3 crore on a standalone basis for the quarter ended March 31, 2024, compared to Rs 564.0 crore in the corresponding quarter of the previous fiscal. "The recruitment business witnessed an uptick in Q4 performance whereas non-recruitment businesses continued to deliver robust performance. "Revenues growth in the recruitment business was 3.4 per cent year on year and for non-recruitment business verticals namely 99acres.com (the real estate vertical), Jeevansathi.com (the matrimony business), and Shiksha.com (the education business) was 22.5 per cent, 29.2

Improving hiring expectations, investment gains positive for Info Edge

Naukri continues to be the market leader among recruitment portals with a database of over 95 million and a 70 per cent traffic market share in the segment

IT-focused cities in India seeing job de-growth: Naukri JobSpeak report

The report further suggested that the market is now preferring experienced professionals over freshers

Hiring in India IT sector slows down 18% in Oct, shows Naukri report

With the IT sector showing a decline, Bengaluru, Hyderabad and Pune showed a decline in hiring activity, according to the Naukri JobSpeak index

Permanent work from home jobs a hit with Indian jobseekers: Report

In the last six months, Naukri.com has seen 32 lakh job searches for permanent and temporary remote jobs, by Indian job seekers

Hiring activity grew by 26% YoY in November: Naukri.com jobs index

According to data from Naukri, continuous growth of the IT-Software and BFSI sectors have enabled metro cities to outperform their tier-II counterparts

Indian job market up 57% annually in Sept ahead of festive season: Naukri

The Indian job market maintained its record-breaking run for the third consecutive month in a row, clocking 57 per cent year-on-year growth in September

Hirings see uptick in July as industrial activity picks up: Report

About 1,263 job postings in July marks an improvement of 5 per cent in hiring activities compared to 1,208 in June, as per the Index

Info Edge's prized assets Naukri, 99acres fall prey to Covid-19, lockdown

Valuations still not fair, given uncertainty over revenues

Slowdown in IT and real estate sectors a pain point for Info Edge

In Q3, Naukri and 99acres reported sharp contraction in billing growth

Recruiters bullish on hiring outlook in the first half of 2020: Survey

Around 55 per cent recruiters anticipate new jobs as well as replacement hiring to happen in the first half of the year

16% growth in hiring in November over last year: Naukri.com report

The Naukri Job Speak Index for November this year stood at 2,113, indicating signs of recovery in the job market

Hiring sentiments up by 3 per cent in July 2016 over July 2015

Demand for professionals in ITES has grown remarkably, whereas, IT-software and IT-hardware showed downward movement of 14% and 15% respectively