Data

12.66 lakh new jobs created in May: ESIC payroll data

Eco/Invest/Demography, Pension       Jul 25, 2019

Around 12.66 lakh jobs were created in May, a tad higher than 11.15 lakh jobs in April this year, the Employees' State Insurance Corporation (ESIC) payroll data showed. Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by...

Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a row

  Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot. Ambani has kept salary, perquisites, allowances and commission together at Rs 15 crore since 2008-09, forgoing over Rs...

Money Indians have in Swiss banks down 6% in 2018, record low in 20 yrs

      Jun 27, 2019

  Zurich/New Delhi: Money parked by Indian individuals and enterprises in Swiss banks, including through India-based branches, fell by nearly 6 per cent in 2018 to 955 million Swiss francs (about Rs 6,757 crore) to hit its second-lowest level in over two decades, Swiss National Bank...

India:Manufacturing, infrastructure sectors to add 58,200 jobs in Apr-Sept FY20

      Jun 18, 2019

The manufacturing, engineering and infrastructure sector is likely to add of 58,200 new jobs in the April-September of this financial year, a report published Monday said.   According to TeamLease Services biannual 'Employment Outlook' report for April-September FY20, these industries will witness a 2 per cent...

ITC CMD Sanjiv Puri's remuneration up by over 51% to Rs 6.16 cr in 2018-19

Wealth Management       Jun 13, 2019

  Total Remuneration of diversified group ITC Chairman & MD Sanjiv Puri has gone up by over 51 per cent to Rs 6.16 crore in 2018-19.   Puri (56), who has been recently elevated as Chairman of the Kolkata-headquartered company after Y C Deveshwar passed away, took...

FDI inflows to India rose 6% in 2018 to $42 bn, says UN report

Eco/Invest/Demography       Jun 12, 2019

  “Investment in India – the subregion's largest recipient – rose by 6 per cent to $42 billion with strong inflows in manufacturing, communication, financial services and cross-border merger and acquisition (M&A) activities,” the report said.   The report added that India has historically accounted for 70...

India has 597 ATMs less in 2019 than 2017: RBI report

Eco/Invest/Demography       Jun 08, 2019

  NEW DELHI: The number of ATMs in India dropped to 2,21,703 as on March 31, 2019 from 2,22,300 at the end of 2017, recording a decrease of 597 ATMs during the period, according to a report released by the Reserve Bank of India.    India also...

End-user IT spending in India to reach $15 billion in 2019: Gartner

Technology       May 15, 2019

End-user information technology spends by Indian companies will jump by nearly 10 percent to $15 billion in 2019, a report said on May 6.   The fastest growth will be in the business process outsourcing sector, which is estimated to grow at over 14 percent to...

Hinduja brothers top UK rich list, Reuben brothers second 

  London: Srichand and Gopichand Hinduja have returned as the United Kingdom’s wealthiest in the 2019 Sunday Times Rich List, with steel magnate Lakshmi Mittal and family and mining major Anil Agarwal making it to the top 20 richest.   The Hinduja brothers replace British businessman Jim...

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