Jobs
The recent collapse of Thomas Cook demonstrated not only the impact of the collapse of a major airline on both staff and passengers.
Thomas Cook failure spurs UK to act on airlifting tourists home
12 Oct 2019 11:53 AM

The government was unable to use Thomas Cook aeroplanes and instead had to build what was in effect a temporary airline.

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month.
HSBC to cut up to 10,000 jobs in drive to slash costs: report
07 Oct 2019 9:46 AM

The plan represents the lender’s most ambitious attempt in years to cut costs.

Under the affirmative action, industry bodies have voluntarily committed to ensuring equal opportunities for members of Scheduled Cast and Scheduled Tribes communities. (Representational image)
Labour Ministry mulls incentives for encouraging employment of SC, STs
26 Sep 2019 2:15 PM

The employer is incentivised for increasing the employment base and a large number of workers find jobs.

The government giveaway will do little to fix the lack of spending power, economists say. (Photo: ANI)
Modi's big tax cut unlikely to spur job bonanza in India
26 Sep 2019 9:25 AM

India’s unemployment rate reached 8.19 pc in Aug, up from 6.27 pc in the same month last year.

It showed that during September, 2017 to July, 2019; around 2.65 crore new subscribers joined the EPF scheme. (Photo: Representational)
14.24 lakh new jobs created in July: ESIC payroll data
25 Sep 2019 7:40 PM

Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, National Statistical Office said in a report.

Amazon said it has created seasonal positions in cities like Mumbai, Delhi, Hyderabad, Chennai, Bengaluru, Ahmedabad and Pune.
Amazon, Flipkart create over 1.4 lakh temporary jobs ahead of festive sales
24 Sep 2019 3:59 PM

Flipkart has added over 50,000 direct jobs across its supply chain, logistics arm and customer support.

Thomas Cook in May revealed that first-half losses widened on a major write-down, caused in part by Brexit uncertainty that delayed summer holiday bookings.
Over 1 lakh tourists stranded as Thomas Cook collapses, 22,000 jobs cut
23 Sep 2019 8:41 AM

The repatriation of 600,000 tourists, including around 150,000 seeking government help returning to the UK.

Jignesh Shah said he is confident now that the time has come to start his second innings as court orders are absolving him of all the charges one after another as no agency could prove even a single paisa of wrongdoing on his part, nor on part of his companies.
After exchanges, Jignesh Shah sees bigger opportunity in 'startup ecosystem'
10 Sep 2019 7:07 PM

"I want to be a coach now and nurture young entrepreneurs by putting in my entire experience, said Jignesh Shah.

In India, a sectoral analysis shows, public administration and education employers reported the strongest hiring intentions with a net employment outlook of 27 per cent.
Just 19 pc employers in India bullish on hiring in Oct-Dec qtr: Survey
10 Sep 2019 11:46 AM

India is the fourth most optimistic nation about hiring plans for the next three months globally.

In the Union Budget for 2019-20, customs duty on imported gold was raised from 10 per cent to 12.5 per cent. (Photo: Pixabay)
Jewellery industry hit by recession, job losses likely: GJC
10 Sep 2019 9:17 AM

Hike in customs duty and the present GST rate is affecting customer sentiment, as prices of jewellery have increased.


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