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hiring trends: BFSI top sector in hiring; 60% rise in hospitality related jobs: Teamlease

The BFSI sector is currently experiencing the highest hiring and attrition rates. There is a strong demand for open positions, particularly in credit card sales and customer service roles. The hospitality and tourism sectors are also seeing growth, with a 60% increase in related jobs year-on-year. There is a preference for women employees in 70% of these roles. In terms of geography, business-related hirings are concentrated in metro cities, while local hiring is more prominent in leisure tourism areas.

cybercrime: Over 3k malicious content targeting firms removed: Report

A team of researchers has removed more than 3,000 malicious contents, including fake domains, fake apps, and more, hosted publicly over the internet and targeting organisations across various sectors in 2022-23 in India, a new report said on Monday. According to the cyber-security company CloudSEK, the BFSI, retail, and telecom sectors were the most targeted by scammers during this period.

Axis Securities is overweight on auto, banking, other 2 sectors in June

Axis Securities has given an ‘overweight’ rating to the automobile, banking and financial services, specialty chemicals, and telecom sectors.

Wipro ropes in Frederic Abecassis as head of its BFSI sector in Southeast region

Recently, Wipro has said that it would release 100 per cent variable pay to team leader levels for Q2 for this fiscal year. The company said the variable pay will be released along with the November salary.

Job demand in telecom climbs amid 5G push

Monster Employment Index (MEI), for July 1 to July 30, said the telecom sector "retained keenness to hire" on an upswing on account of growing digitization and the much-anticipated rollout of 5G services, resulting in scaling up hiring by up to 15 per cent on a yearly basis.

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