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E-retail, allied sectors to create 1.45 mn jobs by 2021: Report

Admin| Dec 06, 2016 - 10:01 PM

E-retail, allied sectors to create 1.45 mn jobs by 2021: Report

India's e-retail and allied sectors including logistics, warehousing and IT/ITeS are expected to create about 1.45 million direct jobs by 2021, a joint report by Snapdeal and KPMG said today.

Logistics and warehousing sector is expected to be the largest contributor creating direct employment opportunities for about 1 million, while e-tailing is expected to add 0.4 million high-skilled jobs by 2021, the study titled 'Impact of Ecommerce on Employment in India' said.

"Through this report, we aim t......

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Standard Chartered to hire almost 1000 people to build up retail lending segment

Admin| Jun 06, 2016 - 11:02 AM

Standard Chartered Bank plans to step up recruitment in India in the next few quarters as part of efforts to build up the lucrative but competitive retail lending segment to return to growth even as it cleans up the corporate debt book. 

"We are hiring about 1,000 people this year. Retail is one of our strong points, but at about 20 per cent of our loan book in India, it is still a small part," said Zarin Daruwala , who took charge as chief executive of India's biggest foreign bank on April 1......

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HyperCITY to hire 900 more people

Admin| May 27, 2016 - 10:53 AM

HyperCITY Retail, part of K.Raheja Group that also runs Shoppers Stop and Crossword, is planning to hire about 900 people this year for its new stores.

Future Plans

“By December, we will be opening three new stores in Bangalore, Hyderabad and Gurugram. We directly employ around 300 people in each store. We will be hiring similar number of people for the each of the upcoming stores,” Ramesh Menon, Chief Executive Officer, said in an interview.

“We are repositioning the store ......

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Design Schools off the cart for e-tailers

Admin| May 27, 2016 - 10:49 AM

Campus placements at some of the leading design schools this year saw little participation from ecommerce companies such as Flipkart, Snapdeal and Amazon. Star recruiters on campuses in recent years, these companies were noted for their lack of interest this time at top engineering and management institutes like IITs and IIMs as well. 

This season, the highest salary of Rs 32 lakh a year at NIFT Mumbai was offered by EPIC Designers, a Hong Kong-based brick-and-mortar designing company. At ......

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