Intent To Hire For IT Skills In Services And Manufacturing Clusters Robust In Q1 – TeamLease

~ Sales & Marketing continue to be in-demand profiles across sectors~

~In Services Sectors: Engineering emerges as a key in-demand profile~

Despite the ongoing turmoil in the global IT sector, and the muted outlook from the IT industry within the country, technology adoption by other industries across sectors has resulted in the creation of new job opportunities and an increase in the demand for skilled tech professionals in the services sector. Several service industries have seen the IT function emerge as the most sought-after profile, according to the TeamLease Services Employment Outlook Report for the April to June quarter. Manufacturing, on the other hand, has seen a spike in demand for marketing profiles. Nearly 78% of employers in the services sector and 56% of employers in the Manufacturing, Engineering and Infrastructure sector have expressed an intent to hire for IT skills and marketing roles, respectively. Overall, across profiles, an increase of 10% can be seen in employers' hiring intentions in both Services (83%) and Manufacturing (95%) industries compared to Q1 of 2022.

In addition to IT, other popular job profiles in the services sector include sales (83%) and marketing (63%). On the other hand, sales (95%) and engineering (80%) are popular in the manufacturing industry. Financial Services, Telecommunications, and Information Technology have the highest demand for roles in the services industry. On the other hand, Manufacturing, Engineering & Infrastructure, Agriculture and Agrochemicals, and Power & Energy, are in high demand in the manufacturing industry. In addition, in both the Services and Manufacturing sectors, the intent to hire for the marketing functional area has increased slightly by 3% and 2% respectively in the quarter.

Sharing his views, Mr. Mayur Taday, Chief Business Officer, TeamLease Services, said, “The increasing demand for IT skills and Marketing roles is a testament to the transformative impact of emerging technologies such as 5G in the telecom industry, and the importance of upskilling in meeting the evolving needs of the job market. The confluence of emerging technologies is driving the demand for tech roles in non-tech sectors. With the advent of new technologies and an ever-increasing reliance on digital platforms, organizations across sectors are looking to hire a talented workforce to stay ahead of the curve”.

Adding his views, Mr. Balasubramanian A, Vice President and Business Head, TeamLease Services said, “India’s manufacturing segment has witnessed massive transformation over the last decade. The advent of technology, and the introduction of initiatives like the PLI scheme is boosting employment generation and fostering a dynamic and competitive economy that drives growth and innovation. Marketing professionals, sales professionals, and engineers are extensively in demand, and this will continue to be in vogue in the coming quarters as well”.

The majority of the talent across segments is being deployed in entry and junior-level domains.

The TeamLease Employment Outlook Report reports forward-looking statistics for 'Intent to Hire' for April to June 2023, for both Manufacturing (8 sectors) and Services sectors (15 sectors), in total surveying 809 small, medium, and large companies.

About TeamLease Services Pvt. Ltd: TeamLease Services is one of India’s leading human resource companies offering a range of solutions to 3500+ employers for their hiring, productivity and scale challenges. A Fortune India 500 company listed on the NSE & BSE, TeamLease has hired 17 lakh people over the last 17 years and has 2 lakh+ open jobs every day. One of India’s fastest growing employers, TeamLease also operates India’s first Vocational University and fastest growing PPP National Apprenticeship Program. The company offers solutions to large, medium and small clients across the 3Es of Employment (2 lakh+ employees), Employability (2 lakh+ students) and E-Workforce (1000+ employers).

International Hospitality Day 2023 A Resounding Success In India

The International Hospitality Council, in collaboration with the International Institute of Hotel Management (IIHM) under the mentorship of Dr Suborno Bose, successfully organised the International Hospitality Day (IHD) on 24 April 2023. The virtual event brought together speakers and hospitality industry experts from around the world for an international convention on hospitality.

The event began with opening remarks from Dr Bose, who highlighted the importance of sustainability in the hospitality industry. Professor David Foskett delivered a thought-provoking keynote address on the hospitality industry, and how the industry is transforming and becoming future-ready.

The Special speaker, Megna Shankaranarayanan, Industry Head, Travel & Food Tech, APAC, Google, shared her insights on Google trends for the hospitality industry. Celebrity chefs Sanjeev Kapoor and Ranveer Brar also shared their experiences and ideas on how to make the hospitality industry more sustainable.

Dr Bose then unveiled his much-anticipated new book, The Art of Sustainable Hospitality, which offers a comprehensive guide to sustainable hospitality practices. He also felicitated Nayanjyoti Saikia, the winner of MasterChef India 2023, who interacted with Naureen Shaikh, the YCO 2023 bronze medallist, about their experiences in the hospitality industry. Their interaction was moderated by Sanjay Kak, Culinary Director of IIHM and Indismart.

The event also featured interesting speaker sessions on various topics related to hospitality, as well as engaging panel discussions.

Chef John Wood FIIHM, Founder and MD of KitchenCut, discussed the impact of technology in the contemporary culinary ecosystem with Ron Scott. Kush Kapoor, CEO of Roseate Hotels, had a conversation with Chef Gary MacLean, National Chef of Scotland, on ‘Partnership for Community—Responsibility of Hospitality Enterprises towards Society’. Anita Mendiratta, Special Advisor to Hon. Secretary General, UNWTO, addressed the convention through a recorded video message.

Diwan Gautam Anand, Founding Trustee, Cuisine India Foundation, talked about sustainability in luxury hospitality in the new world order with Ron Scott and Vijay Wanchoo. The veteran hotelier was also declared President of the IIHM International College of Distinguished Fellows. This prestigious honour recognises Anand’s contributions to the hospitality industry and his commitment to excellence.

Michael Grove, CEO of HotStats, discussed contemporary revenue management in the hospitality industry with Paul Walsh MBE, Managing Trustee of Jungle Crows Foundation. Dr Bose talked about partnerships with government associations globally. A panel discussion with industry leaders titled ‘Education Partnership—Impact of Global Partnerships in Education on Promotion of Hospitality’ was moderated by Rupa Datta. Himanshu Taneja, Area Director of Operations for South & East India, Bangladesh, and Sri Lanka, Marriott, and Chef Neil Rippington, Instructor in Culinary Psychology at Harvard Extension School, Harvard University, USA, talked about managing sustainability across borders.

After these riveting sessions it was time to honour the best and brightest in the hospitality industry. Several luminaries were recognised for their invaluable contribution to the world of hospitality on International Hospitality Day.

The Global Hospitality Awards 2023 kicked off with the announcement of the Hall of Fame Award. This prestigious award was given to Nakul Anand, Executive Director of ITC, for his invaluable contributions to the hospitality industry. Mr Anand has rewritten the rules of global hospitality with his ‘Responsible Luxury’ initiative and transformation of ITC Hotels into a future-forward, pro-sustainability green hotel chain. He was also in conversation with Professor David Foskett.

Lifetime Achievement Awards went to industry veterans like K.B. Kachru, Camellia Punjabi, Chef Chris Galvin, Christopher Crowdray, Geoffrey Harrison, M.S. Gill, Peter Jones MBE, Rajiv Kaul, Sally Beck and Chef Steve Munkley.

The Hospitality Honors List 2023 was a veritable who’s who of the hospitality industry. It included the likes of Russell Bateman, Aditya Ghosh, Anil Chadha, Anita Mendiratta. Anuraag Bhatnagar, Arjun Singh Oberoi, Asma Khan, Atul Kochhar, Deepak Ohri, Harshvardhan Neotia, Imtiaz Qureshi,  Jyoti Mayal, Jyotsna Suri, Manish Mehrotra, Priya Paul, Rajeev Samant, Ranju Alex, Rohit Khattar, Vineet Bhatia and Zorawar Kalra among others.

After the Honors were announced, Joy Ghosh, Head of Commercial, Hospitality - India, ME, Africa & Turkey, Amadeus Hospitality spoke with Shabnam Halder on the importance of technology in streamlining hospitality processes and how technology can give organisations a competitive edge.

After closing remarks by Ron Scott, International Hospitality Day celebrations came to an end.

Overall, the International Hospitality Day 2023 was a resounding success and provided valuable insights and knowledge to participants. The event has helped to promote sustainable practices and innovation in the hospitality industry, and the International Hospitality Council and IIHM look forward to the next edition of IHD.

Union Bank of India Simplifies “Form 15G & H Submission In Association With Reserve Bank Innovation Hub”

Union Bank of India, the country’s fifth largest public sector bank, in collaboration with Reserve Bank Innovation Hub (RBIH), simplified the annual submission of Form 15G & H for its customers by enabling online submission via the Bank’s WhatsApp channel, Union Virtual Connect (UVConn).  

Union Bank of India customers can avail banking services in 7 different languages through UVConn by sending ‘Hi’ through WhatsApp on the Bank’s number ‘09666606060’ from their registered mobile number with the Bank. The Bank in collaboration with RBiH has now launched the additional feature of "Hassle Free Submission of Form 15G & H" through UVConn. Form 15 G & H are self-declaration forms used to claim exemption from TDS by individuals aged below 60yrs & above 60yrs respectively. 

Speaking on the initiative, Shri Nitesh Ranjan, Executive Director of the Bank, said that “Union Bank of India has previously collaborated with Reserve Bank Innovation Hub (RBiH) to launch digitization of Kisan Credit Card. Taking this journey forward, Bank and RBiH have now launched "Hassle Free Submission of Form 15G & H" through the Bank’s WhatsApp channel Union Virtual Connect (UVConn)”. He further reiterated that “Union Bank of India has always strived to satisfy the aspirations of both its senior citizen and tech savvy customers and the Bank will further endeavor to make financial services accessible to all.” 

Shri Rajesh Bansal, CEO of RBiH, said "At RBIH, we work with the single-minded objective of making financial products and solutions accessible to every citizen. Senior citizens form a very significant part of our population, and this initiative aims to simplify a usually-complex 15 G & H forms submissions through communication channels they are already accustomed to. This means adoption of the solution becomes easier and the submission process is simplified - both for the bank and the citizen." 

Shyam Steel Launches Its New “TVC Campaign Featuring- Vijay Deverakonda”

~ Through this campaign Shyam Steel aims to expand and revamp retail operations in Andhra Pradesh and Telangana and create a local connect in the southern market Shyam Steel, one of the leading producers and manufacturers of primary TMT Bars, launched its new digital campaign featuring celebrity superstar Vijay Deverakonda. Vijay has been signed as the face of the brand in the Andhra Pradesh and Telangana market to establish a local connect and have a better resonation with the brand. The campaign has been written and directed by Rensil D’silva and Partho Sarkar of Ignition films. 

Through the campaign, Shyam Steel represents strength and flexibility with a touch of emotion built around relationships and underlies the message that a flexible approach can lead to the relationship getting stronger. The Andhra Pradesh and Telangana markets have a huge growth potential for steel sector and Shyam Steel aims to be one of the leaders in this sector across the region. 

Speaking on the TVC campaign launch, Mr Lalit Beriwala, Director, Shyam Steel said “The digital film reflects the brand's thought in connection with Vijay’s exemplary hard work, charm and flexibility in leading the way towards a progressive and unified nation. The campaign will help the brand to build a stronger connection with its target audience in the southern market." 

Mr. Rensil D’Silva, the writer and director of the campaign says: “In a world where relationships are becoming increasingly fragile, Shyam Steel’s new campaign taps into a unique insight: Relations become stronger when they’re flexible. This is the real strength of Shyam Steel TMT bars. And it is this insight that is the baseline of this campaign.” 

Vijay Deverakonda is a heartthrob in the Indian Film Industry and has a huge fan following in the southern market. His immense talent and humble attitude has increased his fan base and helped the audience resonate with his personality. The campaign will be promoted heavily through television, all digital platforms, social media, cinema and other outdoor platforms targeting the key market areas for Shyam Steel.  

Shyam Steel with an annual turnover of Rs 5000 crores is now on a steady expansion mode. The Company, an integral partner of building new India, is committed to meaningfully contribute to the realisation of the target of 300 million tonnes steel production by 2030-31. The brand is associated with Virat Kohli and Anushka Sharma as the face of the company in addition to having Sonu Sood as its Build India Brand Ambassadors.  The company has also recently launched the Shyam Steel Apna Ghar app to provide consumers with hassle-free purchase of TMT bars and to boost the sales of their dealer distributor network. 

Link to the film:

 https://youtu.be/0Kpk9ijRmt0 

The Indian Performing Right Society Ltd. Hosts A Live Event On The Occasion Of “World Intellectual Property Day”

April 26th marks the annual celebration of World Intellectual Property Day (WIPD), an important event aimed at increasing awareness of the significance of intellectual property rights in fostering innovation and creativity. This year's theme, "Women and IP: Accelerating Innovation and Creativity," shines a spotlight on the “can do” attitude of women inventors, creators and entrepreneurs around the world and their ground-breaking work, and underscores the importance of advancing gender parity in the fields of innovation and creativity. 

As a society committed to safeguarding the rights of music creators and publishers, IPRS recognizes the criticality of protecting intellectual property rights in the music industry. Commemorating the World Intellectual Property Day, IPRS is delighted to announce its engaging live sessions on Intellectual Property Rights for Music Creators and a drive conversations on Women Creating Music and its future.   

Details of the session 

What: The Indian Performing Rights Society (IPRS) is hosting a Live session on the Importance of Intellectual Property and managing and protecting the rights of the creators 

When: 26th April 2023  

Time: 3:30 pm 

Venue: Online 

The second session will be in the form of a music roundtable and will see representatives of the IPRS Women Wing sharing their insights regarding the IP scenario in the industry, including the challenges, opportunities, experiences, and strategies to support and empower the next generation of women creators. IPRS launched the Women Wing across its regional committees earlier this year.  

Details of the session 

What: The Indian Performing Rights Society (IPRS) is hosting a WIPD music roundtable with leading female authors and composers sharing their experiences and leading the way to empower the next generation of women creators. 

When: 26th April 2023  

Time: 5 pm 

Venue : Online 

Jaguar TCS Racing Made History In Berlin With The Team’s First 1-2 Finish In The ABB FIA Formula E World Championship

* Mitch Evans took the top step of the podium in the first European round in Berlin, his second victory in a row this season

* Sam Bird finished second, his highest result and third podium of the season

* Mitch Evans jumps to fourth in the drivers’ standings while Sam Bird is sixth

* Jaguar TCS Racing remain third in the teams’ standings, closing the gap to the front-runners

The 43-lap race provided gripping racing from start to finish. Sam Bird lined up on the front row of the grid after making it through to the qualifying Duels finals. The Brit topped Group B with a time of 1.05.975 before going on to beat the Avalanche Andretti of Jake Dennis and the NIO 333 of Dan Ticktum but was pipped by the Jaguar-powered Envision of Sebastien Buemi in the finals.

Mitch Evans lined up P9 on the grid after he just missed out on the Duels by six-thousands of a second and finished fifth in Group A.

With the lead frequently changing in an action-packed E-Prix and in an effort to save energy, Mitch was able to carve his way through the pack, carefully avoiding the carnage along the way. Sam Bird took the lead of the race at the Tempelhof circuit on four different occasions and both drivers worked together to maximise efficiency. In total there were eight different leaders but Mitch took the chequered flag, with Sam Bird just behind him. In an energy critical race where the tow effect is strong, the Jaguar TCS Racing team executed a perfect strategy and the superior pace and efficiency of the Jaguar I-TYPE 6.

Jaguar TCS Racing remain third in the 2023 ABB FIA Formula E World Championship teams’ standings, closing the gap to Tag Heuer Porsche to just 26 points.

James Barclay, Jaguar TCS Racing Team Principal: “What a race! Our first 1-2 in the ABB FIA Formula E World Championship. With Sam on the front row and Mitch back in P9 we knew the race today would be all about a clever strategy. We needed to keep calm, work together and progress and that’s exactly what we achieved. Everyone put in a fantastic performance and these results don’t come without incredible effort from the whole team. It was an incredibly challenging race with the amount of overtakes and it was about making the right decisions at the right time, avoiding any issues and having a car that could achieve the result that we did today. I am so proud of all of the team, our first ever 1-2, some big points towards our championship campaign and we hope to score more solid points tomorrow. A 1-2 finish is something none of us will ever forget.”

Mitch Evans, Jaguar TCS Racing driver, #9: “It’s an incredible feeling to get back-to-back wins, particularly in Formula E where it’s so challenging. I needed a couple of good races and this is exactly what the team delivered today in Berlin. There is still a long way to go this season but the main thing is we’re back in the hunt. Both Sam and I are up there in the fight and we need to keep building on what we’ve achieved so far.”

Sam Bird, Jaguar TCS Racing driver, #10: “We’ve made history again today. It’s the best result Jaguar TCS Racing have ever achieved and it’s huge credit to all of the amazing people that work in this team. I feel like we’ve been working towards this for a while now but to get back-to-back double podiums feels incredible. We have a competitive package and it was very well executed by the team and we hope to fight for more points and podiums again tomorrow.”

Jaguar TCS Racing will compete in the ninth round of the 2023 ABB FIA Formula E World Championship in Monaco on 06 May 2023.

Elevate Your Fashion Game From Weekdays To Weekends With Fabindia

This summer, step out in bright hues, breezy silhouettes, and comfortable fabrics with Fabindia’s latest “Weekdays to Weekend” edit. The curation of these contemporary styles into your summer wardrobe is key to your fashion quotient.

From weekday meetings to the weekend rendezvous, there are sufficient options to choose from that are rather versatile. The design edit ranges from timeless midi dresses for women to suave button-down shirts for men and more. 

Designing the vocabulary of contemporary style and aesthetics, Fabindia has incorporated Indian motifs and conventional tie-and-dye techniques into these carefree western-wear silhouettes.

1.       Floral Cotton Shirt: These floral cotton shirts make for a must-add for one’s capsule closet. Enriched with contemporary Indian motifs these button-down shirts can be teamed with a pair of denim or linen pants for a summer ensemble.

2.       Cotton Printed Midi Dress: Flowy silhouettes, vibrant hues -- these midi dresses are apt to instantly elevate your day-to-evening look. Finish the ensemble with pretty danglers or hoops for a bright sunny day outing!

3.       Cotton Tops: Enduring silhouettes and hand-block prints – these cotton tops completely reflect the mood of the season. Pair them with culottes or a pair of denim for a classic finish. 

4.       Cotton Embroidered Slim Fit Shirt: These embroidered slim-fit shirts make a tasteful addition to an absolute spring/summer wardrobe. Team them with a pair of denim or linen pants to ace that coffee date outfit.

5.       Bottom Wear: Summer is incomplete without the right pair of bottoms – be it every day work wear or casual Fridays a comfortable pair of bottoms is definitely a must-have. These contemporary and sustainable silhouettes will keep you at ease all day long! 

These summer staples by Fabindia are tailored to perfection with natural fibre and adorned by intricate detailing – making these an essential pick for one’s wardrobe.

The key colours used in the collection include bright and subtle tones that deliver a classic touch to weekend getaways, working clothes, and chic dresses. The garments predominantly consist of pink and blue hues and classic black and white shades.

Fabindia's captivating collection will make you feel fresh and comfortable around the clock. Often termed as the breathing fabric, Cotton and Linen have garnered significant popularity amongst the trend-savvy populace of the country for both men's & women’s wear.