Articles for category: Business

Market News

Infant Attrition Surge: Indian Workforce Faces Rising Job Discontent and Shift

Infant Attrition Surge: Indian Workforce Faces Rising Job Discontent and Shift

Infant attrition, the trend of employees leaving within six months of joining, is rising in India, with an annual increase of 4-5 percent. This phenomenon primarily affects younger workers aged 22-32 and is driven by factors like poor work-life balance, lack of flexibility, job dissatisfaction, and inadequate onboarding. It has significant financial implications for companies, ...

Market News

Toyota Soars 35% in August as SUVs Drive Sales Surge

Toyota Soars 35% in August as SUVs Drive Sales Surge

Toyota Kirloskar Motor has reported a remarkable 35 percent increase in total wholesales for August, reaching 30,879 units compared to 22,910 units the previous year. The surge is attributed to strong demand, particularly for SUVs and MPVs, as consumer interest grows during the festive season. This trend is not only seen in urban areas but ...

Market News

Market Soars: Airtel and IT Giants Lead Historic Valuation Surge

Market Soars: Airtel and IT Giants Lead Historic Valuation Surge

Last week, the stock Market in India saw a significant rise, with the BSE benchmark increasing by 1,279.56 points or 1.57 percent. The Market valuation of the top ten firms combined surged by Rs 1,53,019.32 crore, with Bharti Airtel and major IT companies like Infosys and Tata Consultancy Services leading the gains. Bharti Airtel’s valuation ...

Market News

Raymond Seizes Opportunity as Bangladesh Crisis Fuels Global Inquiries

Raymond Seizes Opportunity as Bangladesh Crisis Fuels Global Inquiries

Raymond, a leading textiles and apparel company, is poised to capitalize on a surge of inquiries from global firms following recent crises in Bangladesh. Chairman and Managing Director Gautam Singhania highlighted that India’s strong fabric supply and end-to-end manufacturing capabilities position it favorably as some garmenting businesses may shift from Bangladesh. Despite higher labor costs ...

Market News

Foreign Investors Pull Back: Indian Equities Face Caution Amid High Valuations

Foreign Investors Pull Back: Indian Equities Face Caution Amid High Valuations

In August 2024, Foreign Portfolio Investors (FPIs) invested Rs 7,320 crore in Indian equities, a notable decrease compared to previous months. This cautious approach was largely influenced by high stock valuations and the unwinding of the Yen carry trade, following the Bank of Japan’s interest rate hike. Despite ongoing interest in September, FPI flows will ...

Market News

Market Soars: Bulls Anticipate Rate Cuts Amid Global Economic Shifts

Market Soars: Bulls Anticipate Rate Cuts Amid Global Economic Shifts

This week, stock Market movements will be influenced by global trends, economic data releases, and foreign investor activities. Analysts highlight the importance of institutional flows, with expectations of a potential U.S. Federal Reserve rate cut boosting investor confidence. The benchmark indices have seen impressive gains recently, with the BSE and Nifty reaching all-time highs. Key ...

Market News

Uttarakhand’s Dhami Connects with Seniors: Wisdom for a Better Future

Uttarakhand’s Dhami Connects with Seniors: Wisdom for a Better Future

Uttarakhand Chief Minister Pushkar Singh Dhami recently engaged with senior citizens and local residents at a program in Champawat. During the event, he inaugurated new facilities, including an auditorium and a guard room, under the Public Works Department. Dhami emphasized the value of listening to senior citizens to strengthen community ties, highlighting their wisdom and ...

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