Industry Trends

Zomato cuts up to 600 jobs in customer support amid slowdown: Report

Zomato, the popular online food delivery platform, has reportedly laid off up to 600 customer support employees, just a year after hiring them.

1 day ago

Decoding HR metrics: Is employee engagement = ESAT + productivity + reduced attrition?

Experts agree that ESAT (employee satisfaction) and productivity are key indicators of engagement, yet, without a visible reduction in attrition over a period of time, this does not show true engagement. ETHRWorld spoke to HR leaders from aviation, commercial automobile, retail and IT spaces to decode how the concept of employee engagement is evolving, as HR leaders are exploring paradigms to restructure their employee engagement quantification metrics and understand what works and what doesn’t.

1 day ago

Transforming workplaces with effective POSH implementation and a culture of equality

Implementing POSH effectively is not just about compliance; it is about building a workplace culture that reflects the values of equality and inclusion. By addressing the unique challenges of different industries and regions, engaging external stakeholders, and fostering continuous dialogue, organizations can take meaningful steps toward a safer and more inclusive future for all women and girls.

01 Apr 2025

Hyundai Motor to hire top-tier foreign engineering talent

Hyundai Motor said on Monday it will open a global recruitment programme this week to secure top-tier overseas talent across various fields of engineering.

31 Mar 2025

Myntra set to take internship route for entry-level hiring

Myntra is shifting its hiring strategy for entry-level roles by focusing on a four-to-six-month internship program in tech, fashion-technology, business, and finance. Starting in January 2025, it plans to hire over 100 interns annually as its primary talent pipeline. Internal talent will be prioritized for lateral roles, and the company will still engage in select campus hiring and competitions.

31 Mar 2025

Women's workforce participation rose to 25% in 2024, says report

Women's participation in employment activities rose to 25% in 2024 from 21.8% in 2019, while men's participation increased to 75% from 70.9%. Despite gains, women still predominantly handle domestic chores, spending 305 minutes daily compared to men's 86 minutes, though this has lessened since 2019.

29 Mar 2025

Young Boss Academy: When the intern becomes the mentor

Reverse mentoring isn’t just about teaching older leaders how to embrace a tech first world--it’s about creating a dialogue between experience and innovation.

28 Mar 2025

Sky says 2,000 UK jobs at risk in call centre shake-up

The British-based Sky broadcasting group said on Thursday that 2,000 jobs in the UK, or seven percent of its workforce, could be at risk as the company shakes up its customer services. "We're transforming our business to deliver quicker, simpler, and more digital customer service," a spokesperson for the US-owned broadcaster told AFP. It was about building "a future-ready Sky", the spokesperson said, adding customers wanted different ways of contacting the company 24 hours a day, seven days a week.

28 Mar 2025

591 XLRI students get 600 job offers from 172 recruiters

A total of 591 students of the Jamshedpur and Delhi campuses of the Xavier Labour Relations Institute (XLRI) received around 600 job offers from 172 recruiters during recent placements, a statement said on Thursday. During the placements for the students of the 2023-25 batch of business management and human resource management programmes, the highest international offer stood at Rs 1.1 crore per annum, whereas the highest domestic package was Rs 75 lakh per annum.

28 Mar 2025

FAA to hire 2,000 air traffic controllers this year, maintain strict Boeing oversight

​The acting head of the Federal Aviation Administration will tell a U.S. Senate subcommittee on Thursday the agency plans to hire 2,000 air traffic controller trainees this year and maintain strict oversight of Boeing .

28 Mar 2025

Donald Trump reciprocal tariffs: Why India’s agricultural exports are likely to be little affected

India's agricultural exports to the US may remain strong despite increased reciprocal tariffs by the Trump administration. With comparative advantages over competitors like China, Vietnam, and Thailand, Indian products like seafood and rice are expected to maintain demand.

1 hour ago

Cheer on reciprocal tariffs! Donald Trump spares India’s pharmaceutical industry

US President Trump has exempted Indian pharmaceuticals from new reciprocal tariffs, benefiting India's pharmaceutical sector. This sector is vital for affordable medicines and economic stability, with the US market representing 30% of Indian exports.

2 hours ago

TOI explainer: India likely to gain as Trump tariff shake-up hits Asia

President Trump’s new tariff plan includes a 10% universal tariff on imports, followed by country-specific tariffs. China faces the highest tariffs, up to 54%. India’s textile, electronics, and machinery sectors may benefit from competitive advantages. However, to capitalize on these opportunities, India must address structural issues and enhance manufacturing capabilities.

4 hours ago

Stock market today: BSE Sensex tanks over 500 points; Nifty50 near 23,200 as Trump imposes 26% reciprocal tariffs on India

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Thursday after US President Donald Trump announced 26% reciprocal tariffs on India. While BSE Sensex dipped over 500 points, Nifty50 was near 23,200.

4 hours ago

Trump’s tariff tsunami: What they mean for the world and India

US President Donald Trump has announced sweeping new tariffs on all imports, starting with a universal 10% baseline and steeper rates of up to 50% for certain countries. The move, aimed at reducing trade deficits and boosting domestic industry, targets major trade partners including China, India, Japan, and the EU, and is expected to have significant economic implications.

4 hours ago

Top stocks to buy today: Stock recommendations for April 3, 2025

Top stock market recommendations: Aakash K Hindocha recommends Computer Age Management Services, PCBL Chemical, and Balrampur Chini Mills for today. Following significant market movement, Nifty is poised for potential retracement while Bank Nifty shows resilience.

6 hours ago

India’s first reaction on Donald Trump’s 26% reciprocal tariffs: ‘It's mixed bag, not setback…’

India views the USA's announcement of 26% reciprocal tariffs as a 'mixed bag' rather than a 'setback.' The imposition includes a universal 10% tariff on all imports starting April 5, with an additional 16% from April 10. Discussions on a bilateral trade agreement between the two nations continue, aiming for completion by fall.

5 hours ago

Gold hits new high after Trump imposes reciprocal tariffs on 'Liberation Day'

Gold prices hit a record high of $3,160 per ounce as investors sought safe havens amid declining stock market futures following President Donald Trump's announcement of new tariffs on major trading partners. Stocks and futures markets experienced significant declines, particularly in technology and clothing sectors, with companies like Apple, Nvidia, and Gap seeing substantial drops.

6 hours ago

Global markets slide after Trump slaps huge reciprocal tariffs on 'Liberation Day'

Asian markets and US stock futures experience significant drops after President Trump announces increased tariffs on global imports, aiming to boost US manufacturing. Market indices in Tokyo, South Korea, and Australia close lower, while US futures signal further declines. Analysts warn of potential negative economic impacts amidst already volatile markets.

6 hours ago

NPCI, banks tie up to curb fraud in UPI

9 hours ago