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Flipkart comes down heavily on poor performers, to give pink slips to 1,000 employees

Jul 29, 2016

Flipkart comes down heavily on poor performers, to give pink slips to 1,000 employees

In a statement, the company said that employees who do not make progress, despite being put on a performance improvement plan must seek other avenues where their skills can be better utilised. #KPMG #jobs #Bengaluru #Flipkart #Employees #IIM-A #Snapdeal #VCS #CB Insights #Ajay Kolla #Wisdomjobs #Head Hunters India
Quality of growth improving due to structurally positive steps, but jobs hold the key: Crisil

Jul 12, 2016

Quality of growth improving due to structurally positive steps, but jobs hold the key: Crisil

The report also noted that unlike China, the current growth in India is not supported by rampant credit creation #GDP #jobs #CRISIL #textiles #cyclical growth
'Extra push' via incentives for textiles will create more jobs, says Nirmala Sitharaman

Jun 23, 2016

'Extra push' via incentives for textiles will create more jobs, says Nirmala Sitharaman

The Union Cabinet yesterday approved a Rs 6,000 crore package for textiles and apparel sector with an aim to create one crore new jobs in three years and attract investments of $11 billion while eyeing $30 billion in exports #Apple Inc. #jobs #Apparel #Nirmala Sitharaman #textiles #exports #incentives #Brexit
Govt clears Rs 6,000 cr package for textiles, apparel, says move to create 1 cr new jobs in 3 yrs

Jun 22, 2016

Govt clears Rs 6,000 cr package for textiles, apparel, says move to create 1 cr new jobs in 3 yrs

The measures approved include additional incentives for duty drawback scheme for garments, flexibility in labour laws to increase productivity as well as tax and production incentives for job creation in garment manufacturing #jobs #Apparel #exports #Rashmi Verma #textile
With more delays hitting bullet train project, will it be a white elephant for govt?

Jun 14, 2016

With more delays hitting bullet train project, will it be a white elephant for govt?

The bullet project has hit a slow track once again as India awaits Japanese Diet to approve the proposal to transfer civil nuclear technology before it moves ahead with the project #Economy #jobs #Railways #Prime Minister Narendra Modi #bullet train project #japan participation #maharashtra state
After Flipkart, now L&T leaves students in a lurch, as tech arm withdraws 1,500 job offers

May 30, 2016

After Flipkart, now L&T leaves students in a lurch, as tech arm withdraws 1,500 job offers

Larsen & Toubro Infotech has withdrawn offer letters of 1,500 students citing poor performance in an assessment test, 18 months after they were offered jobs. The students, left in a lurch, have gone on a hunger strike, reported CNN News18. #NewsTracker #jobs #L&T #Placement #Larsen & Toubro Infotech
Capital goods policy approved, govt aims to create 21 mn new jobs by 2025

May 25, 2016

Capital goods policy approved, govt aims to create 21 mn new jobs by 2025

The objectives of the National Capital Goods Policy are to create an ecosystem for a globally competitive capital goods sector to achieve total production in excess of Rs 7.5 lakh crore by 2025 from the current Rs 2.3 lakh crore #jobs #GST #Manufacturing activity #Employments #Suresh Prabhu #capital goods policy
US Fed's Dudley says economy on track for a rate hike in June or July

May 20, 2016

US Fed's Dudley says economy on track for a rate hike in June or July

The New York Fed chief said he was "quite pleased" that investors had increased bets on the likelihood of a June rate hike #Inflation #Wall Street #jobs #US Fed #Growth #Dudley #Rate Hikes