IT, BPO hiring continues to be strong despite slowdown – Naukri index

New jobs posted on Naukri.com, India’s largest recruitment website, showed an increase of 8% in September compared to the same month last year. However, the headline number was boosted by strong demand for IT and BPO professionals, even as other sectors showed weakness. The biggest declines were shown in the automobile sector, which saw 20% […]

India’s Quess Corp buys monster.com Asia business, HCL’s service centers

Quess Corp, the ‘business services’ subsidiary of Thomas Cook India, announced two major acquisitions, purchasing the Asia business of Monster.com and the Indian service center business of HCL Infosystems. Quess Corp will pay up to Rs 30 cr for the service center business of HCL Infosystems. It did not disclose the consideration for the monster.com […]

Hiring slows in October due to festival effect – Naukri.com

Hiring activity fell 8% October this year compared to the same month a year ago, according to Naukri.com’s Job Speak Index. This dip was primarily caused by the festive season which saw Dussehra, Durga Pooja and Diwali fall in October, the company said. “Hiring activity generally tends to slow down around these festivals as recruiters […]

Banking and Insurance hiring jumps 40% in August, overall hiring up 10%: Naukri

Naukri.com, one of India’s leading job sites, said that hiring increased by 10.2% in August as compared to last year, contributed by over 40% hiring growth in Banking and Insurance industry. Banking and financial industry experienced a growth of 42% whereas the insurance industry witnessed 49% growth during the same period, said the company. Real Estate as […]