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India Business News: Working a 70-hour week raises compliance issues and violates labour laws, according to a senior official of staffing company TeamLease. The cost of em ....
“Most of the reduction in numbers have happened in organisations which are really large in terms of manpower. That does not mean that there is absolutely no hiring going on in the other, a little more midsize or smaller organisations. I feel that even in these organisations, there are very specific demands.” ....
“We are already talking about being the fifth largest, but India is 142nd worldwide in terms of per capita income. Nothing can be a bigger tragedy than that. So even if you become the largest GDP, if you are not changing the per capita income, you have done nothing in terms of improving productivity.” ....
The developments come days after TCS completed its investigation into six staffing firms that were found to have bribed senior recruitment executives to get business ....