Tag Archives: sector

Covid-19 may cut media, entertainment sector FY21 revenue by 16%: CRISIL

New Delhi: The economic slowdown, exacerbated by the covid-19 pandemic, is set to cull the Indian media and entertainment industry’s revenue by 16% to ₹1.3 trillion this fiscal, according to domestic rating agency CRISIL. Advertisement revenue, which accounts for 45% of the pie, will see a sharper cut of 18%, while subscription revenue, accounting for 55%, will be relatively resilient ... Read More »

Good news for job seekers! Manufacturing, infrastructure sector to create 58,200 jobs in H1 FY20

The manufacturing, engineering and infrastructure sector are set to create 58,200 new jobs in the first half of this financial year, according to a report published by staffing firm TeamLease Services. As per the company’s biannual ‘Employment Outlook’ report for April-September FY20, these three sectors will see a 2 per cent increase in net employment. The report is based on ... Read More »

Informal sector will be main job creator in future. So equip workers today

Hardly a day goes by without another article, conference, or research initiative devoted to the future of work. The robots are coming, or they’re not coming as fast as we think; when they do come, they’ll put everyone out of work, or they’ll create as many jobs as they destroy. Thus the conversation goes. But what if, instead of trying ... Read More »

Public sector banks’ consolidation will not lead to job losses: Official

Any possible merger of public sector banks (PSB) will not lead to job losses, a senior government official said today. “No employee will lose job. That part has been taken care of,” the official said, adding that any probable consolidation among banks will eventually lead to reduction in credit risk concentration, increase competitiveness, and increase the lenders’ ability to extend ... Read More »

London hotel sector reports strong gains in March

London’s hotel sector reported strong growth in March, with occupancy up 5.7% and the average daily rate (ADR) up 8%. Based on daily data supplied by STR, London reported the following in year-over-year comparisons: Supply: +2.8% Demand: +8.7% Occupancy: +5.7% to 80.5% Average daily rate (ADR): +8.0% to GBP140.65 Revenue per available room (RevPAR): +14.2% to GBP113.27 STR analysts attribute ... Read More »

Unorganised Sector Witnessing Job Losses Post-Demonetisation: Report

Demonetisation will have an impact on the GDP, says industry body Assocham. New Delhi: Major sectors of the economy including FMCG, jewellery and SMEs have been hit post-demonetisation, while the unorganised sector is seeing job losses, according to industry body Assocham. In an interview to PTI, Assocham president Sunil Kanoria lamented the lack of preparedness and the manner in which demonetisation was implemented, saying ... Read More »

High Imported Coal Price May Hit Power Sector: Report

New Delhi: The rise in imported coal prices is likely to have a negative impact on the power sector value chain as higher rates create “volume and profitability pressures” on discoms that are not able to pass on fuel cost increase to end-consumers due to “political intervention”. “The 60 per cent rise in imported coal prices between April-October 2016 is ... Read More »

Over 15.eight Million 4G gadgets Imported in First sector in India: CMR

Over 15.eight million 4G/LTE devices have been imported in the first region of 2016 in India, a record said on Friday. of those, ninety seven.9 percent had been smartphones followed with the aid of net information playing cards at 1.five percentage and the final zero.6 percentage had been tablet computers. This quantities to 63 percent of the mobile devices shipped ... Read More »