In October 2024, formal job growth in India experienced a significant slowdown, as reported by MoSPI reflecting from decline in EPF & ESIC data.
EPF and ESIC both saw declines in new registrations, raising concerns about the overall health of the formal job market.
EPF and ESIC Decline
The number of new subscribers to EPF scheme dropped to its lowest point...
HCLTech, a leading global technology company, has announced a significant expansion of its workforce in India, with over 200 job openings across various domains.
In recent months, HCLTech has made several strategic moves to strengthen its position in the global market.
The company completed the acquisition of HPE assets for $225 million, expanding its capabilities in the areas of AI...
In his year-end note, Tata Group Chairman N Chandrasekaran underscored the strength of the Indian economy and expressed optimism for 2025.
He highlighted the group's strategic bets in high-tech industries and manufacturing, which are beginning to bear fruit.
Chandrasekaran reiterated the ambition to create 500,000 manufacturing jobs over the next five years, focusing on sectors such as semiconductors, electric...
The burgeoning satellite communication (satcom) sector is poised to trigger a significant hiring surge in the Indian telecom industry.
Major players like Elon Musk's Starlink, Amazon's Kuiper, Bharti-backed Eutelsat OneWeb, and the Reliance Jio-SES joint venture are entering the satcom race.
As a result, the demand for highly skilled talent in space technologies is expected to soar.
The Indian government...
Central Depository Services India Ltd (CDSL) has announced the appointment of Joy Banerjee as the Head of Human Resources and Administration.
Joy Banerjee brings over three decades of extensive experience in human resources to his new role at CDSL.
Role and Responsibilities at CDSL
In his new role at CDSL, Joy will oversee employee engagement, talent management, talent development, and culture building.
His...
Department for Promotion of Industry and Internal Trade (DPIIT) has revealed that startups in India have created over 1.6 million jobs.
This report reflects the vital role startups play in the country's economy, contributing to various sectors such as fintech, edtech, health-tech, and e-commerce.
DPIIT Report on Startups: Gender Inclusivity & Global Reach
India's startup ecosystem has become the world's third-largest,...
India's IT sector industry, valued at a staggering $254 billion, is gearing up for a significant expansion.
The sector anticipates a 10-12% increase in hiring for FY26, driven by a projected 10-15% business growth.
This optimistic outlook is expected to add 500,000 to 750,000 jobs by March 2025, with a substantial focus on fresher hiring and specialized skills.
Indian IT Sector:...
Tata Consultancy Services (TCS) invites candidates for walk-in interviews for Accounts Receivable roles in Chennai and Record to Report roles in Noida.
The company conducts walk-in drives on December 27 and 28, 2024. Ensure you register and generate an EPCN number to participate.
TCS Walk-in: Record to Report Hiring in Noida
Tata Consultancy Services (TCS) is hosting a walk-in interview for Record...
Employee engagement isn’t just about keeping workers happy—it’s about building organizations where people feel valued, aligned, and motivated to contribute their best.
In 2025, engagement strategies will need to be sharper than ever to meet the demands of a workforce that expects more than just a paycheck.
At Culture Partners, we’ve seen how the right cultural foundation drives engagement...
EPFO has reported a significant increase in its membership numbers for October 2024, with a net addition of 13.41 lakh members.
This growth is indicative of increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO's effective outreach initiatives.
EPFO: New Membership and Youth Dominance
Out of the total new members, 7.50 lakh were newly enrolled in October 2024....