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SEPTEMBER PAYROLLS
Aavas Financiers sees top-level churn: CFO and CRO to exit, interim replacements namedAavas Financiers is facing another leadership shake-up, with Chief Financial Officer Ghanshyam Rawat and Chief Risk Officer Ashutosh Atre r...
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
Dollar hovers around two-month high as Iran-Israel truce hangs in balanceThe US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the ...
Asia tech selloff is a buying opportunity, says Manishi Raychaudhuri; but India has a problem to fix firstAsian markets saw a sharp sell-off in tech stocks this week. Investor Manishi Raychaudhuri views this as a buying chance. India's market fa...
US Fed likely to hold rates through 2026 as inflation risks overshadow labour market weakness: ReportThe US Federal Reserve is likely to drop its easing bias at the next FOMC meeting and shift toward a tightening stance through 2026, with a...
ETtech in-depth: Home interior startups lean on AI to shave costs, chase profitsIndia's home interior sector is turning to AI to combat high customer acquisition costs and operational expenses. Companies like Homelane a...
India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
Employee cleared of bribery charges but still denied back wages; HC ruling explainedA Mumbai employee acquitted of bribery charges was denied full back wages for his suspension period. The Bombay High Court ruled that acqui...
Trump proposes to cut 9,400 TSA workers, $1.5 billion from budgetThe White House is proposing significant cuts to the TSA, aiming to eliminate over 9,400 jobs and save $1.5 billion. This move, part of a b...
US private payrolls decline in SeptemberU.S. private payrolls fell by 32,000 in September, following a revised 3,000 drop in August, against expectations of a 50,000 gain, accordi...
Asian shares cautious as US government faces shutdown riskAsian markets opened cautiously Monday as investors eyed a potential U.S. government shutdown, which could delay key economic data and marg...
Net formal jobs under EPFO up 9.3% at 1.88 million in September: Payroll dataIndia witnessed the creation of 1.88 million net formal jobs in September, marking a 9.3% surge compared to the previous year, as per gover...
Formal job creation under EPFO up marginally in SeptemberProvisional payroll data of EPFO, released on Monday, shows 1.72 million net new jobs were created in September compared to 1.69 million ad...
US job growth beats expectations in September; unemployment rate unchanged at 3.8%The U.S. job market showed strong growth in September, with nonfarm payrolls increasing by 336,000 jobs. This suggests that the Federal Res...
Formal job creation under EPFO increases by 9.1% in SeptemberFormal job creation under the Employees’ Provident Fund Organisation jumped by 9.1% in September to 1.68 million compared to 1.54 million a...
EPFO adds around 1.54 million net subscribers in SeptemberOn a month-on-month basis, this is 0.18 million more compared to August 2021 when EPFO registered a net new addition of 1.36 million subscr...
U.S. private payrolls growth slows in OctoberWith government payrolls expected to have dropped again last month as more temporary workers hired for the Census departed and state and lo...
Net enrolments with EPFO dips to 10.34 lakh in Feb from 10.71 lakh in JanDuring the April-February period in 2019-20, the number of net new subscribers rose to 76.53 lakh compared to 61.12 lakh recorded by Employ...