Capgemini made this announcement this week to its employees that it will cover the cost of coronavirus vaccines of all eligible employees and their dependents.
Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
Vehicle price hikes to limit impact of rising input cost on OEMs, says India Ratings and Research
IANSFeb 20, 2021, 12:47 IST
IANS
New Delhi, Vehicle price hikes coupled with
cost rationalisation measures taken by OEMs will limit the impact of rising input cost but these might not be adequate enough to sustain margins at the 3QFY21 levels, said India Ratings and Research.
Accordingly, the Q4FY21-Q1FY22 standalone EBITDA margins of OEMs could be 100-200 basis points lower than Q3FY21 s margins, on account of the recent spike in
Hindustan Petroleum, YourStory, L&T Infotech, who recruited in large numbers. The average stipend in this season stood at Rs 60,953 and the highest at Rs 2.5 lakh, 12.7% and 108% respectively higher compared to the last summer placement season.
The current batch comes with an average work experience of 30 months.
BFSI and ed-tech emerged as the most sought-after sectors, followed by FMCG/D and manufacturing, with more than 50% of the batch opting for a summer internship in these industries, according to a release. The current year also witnessed participation from Consulting, Health & Pharma, E-Commerce, Media & Entertainment with more than 20% of the batch choosing profiles in these sectors.
Executives at L&T Infotech, L&T Technology Services, TCS, Infosys, Wipro, HCL Technologies and Persistent Systems cashed some portion of their ESOPs over the past two months.
Executives at L&T Infotech, L&T Technology Services, TCS, Infosys, Wipro, HCL Technologies and Persistent Systems cashed some portion of their ESOPs over the past two months.