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There is a significant pick-up in hiring for frontline roles such as sales executives, tele-callers, customer care representatives and collection agents, driven by an increase in retail lending, festival demand, and a huge rural and semi-urban push, industry officials and staffing companies said. ....
As current valuations offer a limited scope of further expansion, an increase in corporate earnings will be the primary factor that would drive the market returns moving forward, said Axis Bank. ....
HDFC Bank, which is usually a bellwether stock for the banking sector, in its earnings report said its margins fell. Analysts also expressed their disappointment on its earnings numbers. ....
Revenue came in at Rs 8,905.4 crore, up 8.2% year on year, which beat estimates. The company created from the merger of erstwhile Larsen and Toubro Infotech and Mindtree Technologies started operating as a merged entity in December 2022. ....
According to Naukri s JobSpeak index, hiring activity in September 2023 increased by 6% compared to the previous month, but decreased by 8.6% compared to the same period last year. The hospitality and travel sectors saw significant growth, driven by the monsoon season, festive season, and upcoming winter season. ....