During the recent World Economic Forum (WEF) meet in Davos, Switzerland, India received favorable views from major global corporations, according to Rajesh Kumar Singh, Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT). Singh, part of the Indian delegation, highlighted an uptick in investment sentiment and met with CEOs to discuss ways to facilitate investments in India.
Salasar Techno Engineering Ltd (STEL), an EPC company, has announced its plans to merge with Hill View Infrabuild Ltd. The decision was made during a recent board meeting held on Thursday, according to a statement issued by STEL. STEL is a steel structure manufacturer and EPC infrastructure company, providing services across telecom, energy, and railways.
A recent survey by Deloitte showed that attrition for India Inc. dropped to 17% in 2023 compared with 19.7% in 2022. However, key talent attrition continues to be between 1.5-1.7 times of overall attrition, indicating that there are enough opportunities even in a tighter job market.
Adani Group has signed four Memorandums of Understanding (MoUs) with the Telangana government for an investment of over Rs 12,400 crore at the World Economic Forum 2024. The deals include investments from Adani Enterprises, Adani Green Energy, Ambuja Cements and Adani Defence Systems & Technologies. The CM at Davos to attract investments to Telangana and promote collaboration between enterprises, governments, and stakeholders.
Nearly 88% of professionals in India are considering a new job in 2024, an increase of 4% from last year, showing a shift in attitude towards career growth. Job search activity on LinkedIn increased by 9% as compared to last year. Better work-life balance and higher wages are the biggest motivators for changing jobs. Professionals are also looking for opportunities outside their industry or role.