Manufacturing, services log 8.27 per cent attrition in Q3: Report

Manufacturing, services log 8.27 per cent attrition in Q3: Report

The average attrition rate across manufacturing and services industries increased sequentially to 8.27 per cent in the October-December quarter, a report said on Monday. With a continuance of the ‘Great Churn’, attrition across industries witnessed a 0.46 percentage point increase from an average of 7.81 per cent in the second quarter to 8.27 per cent … Read more

Promoters pare holdings to cash in on bull run

Promoters pare holdings to cash in on bull run

Mumbai: The record-breaking stock market rally has prompted promoters of nearly 130 companies to sell a portion of the holdings in their companies in the last three months. According to stock exchange disclosures, promoters of HDFC Life, Coforge, TVS Motor, CG Consumer, Max Financial Services, Quess Corp, Bharat Forge and GMR Infra, among others, have … Read more

Reversing trend: Jobs in Indian companies attract resumes from abroad

Reversing trend: Jobs in Indian companies attract resumes from abroad

(This story originally appeared in on Aug 13, 2020) MUMBAI: When TeamLease Services recently advertised for an opening in a marketing role at the recruitment firm, it was surprised to receive a response from candidates not only across India but from the US as well. Both employers and employees have recognised the potential of working … Read more