Job Market Monitor
India
AstraZeneca in India / To close R&D unit with more than 150 jobs cut
British drug-maker AstraZeneca said it will close its research and development unit in Bangalore, India, making more than 150 jobs redundant. The move, as part of an ongoing global restructuring exercise, will also shut down its early stage research on tropical diseases tuberculosis and malaria. The existing research will be moved to its UK facility … Continue reading
Women in Tech in India / Women earn less, get fewer opportunities
India’s ‘High Potential’ women in technology sector aim high but earn less, and get fewer opportunities for career advancement, says a report by Catalyst India WRC – a corporate membership community. Women in India’s technology sector begin their careers as equals with men, with similar aspirations to the highest levels including that of CEO. Despite … Continue reading
India / 48% think their current employment as ‘just a job’
Nearly half of Indians consider their current employer to be ‘just a job’, while 43 per cent see their role as part of a career, says a survey. According to a survey by online recruitment solutions provider Monster Worldwide and Gfk, a global market research company, nearly half (48 per cent) of Indians consider their … Continue reading
Economic Slowdown in India / 12 million workers to return to farms says Crisil
The economic slowdown would push an additional 12 million people to farms between 2013 and 2019, ratings agency Crisil has estimated. Non-farm employment would decrease more than 25% between 2012-13 and 2018-19 to 38 million, the agency stated. “That’s because fewer jobs are being created with the economy treading a lower-growth path and labour intensity … Continue reading
India / 47 pct of 2013 grads would be unemployable
Their English language and cognitive skills is the cause, said Aspiring Minds, a leading employability solutions company Continue reading
Hiring in India / Job portals are the most popular
Print media has lost its popularity as a preferred hiring channel and there is a heavy reliance on job portals who account for a majority of the overall hiring among Indian organisations, a survey says. According to a People Matters-CareerBuilder survey, among the channels used by Indian recruiting organisations, 82 per cent of Indian employers … Continue reading
Higher Education in Australia / India 2nd largest supplier of overseas students
India has emerged as the 2nd largest supplier of higher education students for Australian universities, according to latest data. The number of Indian students to undertake higher education in Australia has witnessed growth this year with total enrolments reaching over 15,800 during the period of January-October as compared to 12,062 last year. The data indicated … Continue reading
Daimler / 800 new IT-jobs inin India and Turkey
New SAP ‘Shared Service Centers’ are currently being developed in India and Turkey. Daimler IT is placing great emphasis on the skills of its own employees while expanding the facilities. In the new Shared Service Center,Daimler will create 800 new IT-jobs in Bangalore by 2015. Positive effects on IT suppliers and the IT sector in … Continue reading
Realty sector In India / 18-20% job losses in 12 months
Slower pace of approvals has broken the cycle of sales and cash flow, ultimately resulting in job losses Continue reading
India / TCS wins 1,000 offshore jobs from British energy firm NPower
India’s largest IT service provider Tata Consultancy Services Ltd (TCS) on Thursday won a major deal to handle nearly 1,000 offshore jobs for the British energy giant NPower as part of its restructuring Continue reading
India’s Mobile Economy / 730,000 direct jobs and an additional two million jobs in sale and distributors
GSMA is the global association for mobile companies. It came out with an India specific report “Mobile Economy India 2013″ Continue reading
India’s Gender Gap / Getting even at work
The fight to balance the boardroom may not have been won but quite a few Indian companies have been making strides towards a gender-balanced workforce Continue reading
India / Tata Consultancy Services to hire 25,000 campus grads
India’s largest IT company by revenues, Tata Consultancy Services ( TCS ) has become the first IT firm to reveal its hiring targets for FY15, reports CNBC-TV18’s Kritika Saxena. TCS has already started giving out campus offers for FY15 and will be hiring 25,000 students from across 350 institutes in the country in the next … Continue reading
India / World Bank calls National Rural Employment Guarantee Act a stellar example
The World Development Report 2014 has described the Mahatma Gandhi National Rural Employment Guarantee Act as a “stellar example of rural development\”. At the heart of the World Bank’s endorsement is the direct cash transfer (to bank and postal savings accounts) component of the rural employment programme. NREGA has been described as the perfect example … Continue reading
India / The highest level of employee commitment finds a survey
India leads the bandwagon in employee commitment globally, with 50 per cent of workforce being totally committed to their job, according to a recent survey Continue reading
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