Unbelievable But True

Feb 16, 2019

That recruitment activity in Bengaluru grew by 13% in December 2018, compared to the same month in 2017 across all sectors, while the software industry witnessed the highest growth rate of 22% year

That India’s information technology (IT) services sector and start-ups together are expected to hire up to 500,000 people in 2019, former chief financial officer of Infosys TV Mohandas Pai said.

That UP government has signed an MoU with furniture and home décor brand IKEA for an investment of Rs.5,000 crore in Noida which will create 8,000 jobs.

That the Indian School of Business (ISB) is gearing up to launch a specially designed programme for women independent directors to coach them in both business and non-business related matters.

That the employment generation in the formal sector nearly trebled to 827,000 in October 2018, compared ton 281,000 in the same month a year ago, while 7.9 million jobs were added in 14 months since September 2017, according to the EPFO payroll data released.

That 27%, India’s female labour force participation rate is among the lowest in the world and has declined significantly over the last two decades.

That Japanese city official has been rep0rimanded and fined for leaving his desk during work hours – but only for around three minutes to buy lunch.

That two research students of IIT-Roorkee and a foreign scholar have accused at least five professors of the institute of sexual harassment, police said.

That unlimited number of highly skilled workers from India will be able to migrate to the UK after Brexit in proposals that mark the biggest overhaul of Britain’s immigration system in 40 years.

That Tata Consultancy Services (TCS), the country’s largest software exporter said it has been ranked number one in the Top Employer Institute Asia Pacific 2019 rankings.

That 2.8 crore candidates have applied for 90,000 vacancies for train drivers, trackmen, etc. in the Indian Railways.

That 25 lakh young Indians appeared for a competitive exam for 6,000 Group D jobs in the West Bengal government

That IT sector would generate 2.5 lakh jobs in 2019 with 10-13% projected increase in the salary, says  TeamLease.

That online tutoring start-up Byju Raveendran (Think and Learn Pvt. Ltd.) is now the fourth-most valuable start-up in India and the most valuable edtech start-up in the world.

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