Retailers, services more open to hiring apprentices: Report
"The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.
US body, COAI, others, question Trai's attempt to regulate cloud service providers
In its response to the Trai consultation paper on cloud se...
India, 6 others object to restrictions on services trade, workers’ movement
The US, the EU, Canada and Australia are denying market access to...
Analysts cautious on growth from DXC for Mphasis
DXC has been streamlining its business by expanding its offshore presence, making analysts cautious about its dependency on Mphasis, with some pulling back expectations from the channel and others revising their estimates. Business from DXC accounts for up to 28% of revenue. Mphasis has been able to grow revenues from its ‘direct core’ segment.
Govt wants PSUs to hire more apprentices for service business
The govt is of the view that though most PSUs are hiring apprentices for technical and manufacturing job roles, the number of apprentices in the service sector is lagging behind. The aim is to fill the gap in supply and demand for skilled workforce and meet the aspirations of the Indian youth through gaining on-the-job training.
US completes implementation of H-1B electronic registration process for 2021 season
Under this new process, employers seeking H-1B workers subject to the cap, or their authorized representatives, will complete a registration process that requires only basic information about their company and each requested worker.
Share market update: Nifty Financial Services index down; PFC slumps 5%
The Nifty Financial Services index was trading 0.35 per cent down at 14,144.10.
Buy Ujjivan Financial Services, price target Rs 400: CA Rudramurthy
The analyst suggested a stoploss at Rs 310.
Breather for BPOs: Government withdraws contentious GST Circular on back office support services
The Circular was ambiguous and continued to fuel the debate as to which back-end services constitute as support services and which services would qualify as ‘arranging or facilitating the supply of goods or services between two or more persons’.
Xiaomi bets big on financial services in India
It has started talks with banks and more nonbanking financial companies to launch more services, having brought on board Aditya Birla Finance, Money View, EarlySalary, Zestmoney and CreditVidya.
Share market update: Nifty Financial Services index down; HDFC Life dips 1%
The Nifty Financial Services index was trading 0.27 per cent down at 14,207.55 .
Oppo takes startup route to build local services; says filed 5G patents from India
The handset maker had recently inked agreements with Telangana and Kerala state governments to develop and support start-ups and entrepreneurs working in areas specific to image processing, battery, 5G networks, payments, Artificial Intelligence, and gaming.
NPAs have stabilised and have come down, not gone up: Ramesh Iyer, M&M Finance
We would definitely see H2 turn out to be much better than what we have seen in the past. The festival season was good and even November was good in retail sales. December seems to be promising. We do not have any major issues as far as growth is concerned -- in terms of volumes as well as AUM going forward.
Rival brokerage firms go all out to attract clients of Karvy
Karvy Stock Broking has about 12 lakh clients, out of whom 3 lakh are active clients.
Banks can’t claim tax relief on FD insurance
Reversal of credit would lead to an increase in cost by anywhere between Rs 200 to Rs 500 crore for banks.
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