It includes companies in the formal sector, who employ 10 or more workers. The service sector and wholesale and retail trade are expected to have the strongest outlook, with 20 percent of respondents saying they planned to hire in the September quarter.
Gross domestic product growth has accelerated in each of the last four quarters, hitting 7. Before sweeping to power in , Modi appealed to young job-seekers with a promise to create 10 million jobs. Four years later it remains unclear how many positions have been created. More than 12 million Indians enter the workforce every year, government data show.
The unemployment rate fell to 5. India does not have official government data on unemployment available for To contact the editors responsible for this story: Ruth Pollard at rpollard2 bloomberg. Siddhartha, the largest shareholder in Mindtree through Coffee Day Enterprises and affiliated entities, agreed to sell the original stake for rupees apiece. Mindtree, which counts United Technologies Corp. Mindtree last week said it will consider buying back shares, in a bid to deter any buyers.
Hence the hard decision to return. To contact the reporters on this story: Saritha Rai in Bangalore at srai33 bloomberg. To contact the editors responsible for this story: Peter Elstrom at pelstrom bloomberg. Are you looking for a stock? Try one of these.
A survey of 5, employers conducted by Manpower Group found 16 percent planned to increase their workforce in the quarter ending September. It includes companies in the formal sector, who employ 10 or more workers. The service sector and wholesale and retail trade are expected to have the strongest outlook, with 20 percent of respondents saying they planned to hire in the September quarter. Gross domestic product growth has accelerated in each of the last four quarters, hitting 7.
Before sweeping to power in , Modi appealed to young job-seekers with a promise to create 10 million jobs. Four years later it remains unclear how many positions have been created. More than 12 million Indians enter the workforce every year, government data show. The unemployment rate fell to 5. India does not have official government data on unemployment available for Bloomberg -- Mindtree Ltd. Siddhartha, the largest shareholder in Mindtree through Coffee Day Enterprises and affiliated entities, agreed to sell the original stake for rupees apiece.
Mindtree, which counts United Technologies Corp. Mindtree last week said it will consider buying back shares, in a bid to deter any buyers. Hence the hard decision to return. To contact the reporters on this story: Saritha Rai in Bangalore at srai33 bloomberg. To contact the editors responsible for this story: Peter Elstrom at pelstrom bloomberg. Are you looking for a stock?
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