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FINANCIAL SECTOR ATTRITION
SBI's improving performance warrants better valuation, chairman Setty says: ReportState Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He...- HFCs emerge stronger after FY26 stress, asset quality recovers sharply; sector better placed for FY27: ReportHousing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking u...
- Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
- India's cybersecurity talent gap grows as skills prove hard to findIndia faces a critical cybersecurity talent shortage, with nearly 39,000 unfilled positions, especially in emerging fields like IoT and blo...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
- Over 92,000 tech layoffs in just 5 months of 2026: AI replacing jobs faster than expected as Meta, Microsoft, Amazon job cuts trigger fear in USTech layoffs 2026: Over 92,000 tech jobs vanished by May 2026, with April seeing the worst layoffs in two years. US tech giants like Meta, ...
- Coforge’s Q4 profit doubles to Rs 612 crore on robust deal winsCoforge's net profit surged over 135% in Q4 FY26, driven by AI efficiencies and strong revenue growth. The IT service provider reported rob...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Not Gurgaon, not Hyderabad, not Pune, CA says one city could rival Bengaluru as the India’s IT hub in future: ‘Rent is 30% cheaper…’India's tech landscape is shifting as Mangalore, dubbed "Silicon Beach," emerges as a strong challenger to Bengaluru. The coastal city is e...
- AI talent gap of nearly 40% emerges as biggest bottleneck for GCC growth: Quess reportIndia's Global Capability Centres are grappling with a significant talent deficit in AI and data skills. This shortage, now at 38-42%, is a...
- Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consult...
- This industry gives the highest salary hike: Not IT or real estate; check what's driving salary success in 2026Salary hikes in India are stabilizing around 9.1% for 2026, a slight increase from 9.0% in 2025, as companies prioritize cost discipline an...
- ICICI Bank reports lowest attrition rate among private peers in last 3 fiscal yearsICICI Bank boasts the lowest employee attrition rate among major private lenders for the past three years, reflecting strong employee reten...
- India Inc's attrition rates in 2024 hit lowest point since 2020 amid subdued hiring environment, market uncertaintiesAttrition levels in India Inc dropped to 17.4% in 2024, the lowest since 2020, due to reduced hiring, layoffs, and economic uncertainty. Th...
- Attrition rate surges among junior staff in private banksPrivate sector banks are facing high turnover rates, especially in loan and credit card sales roles, with attrition more than doubling by D...
- Attrition levels fall due to uncertain economic environment: StudyThe aviation and hospitality space saw the highest attrition rate of 16 per cent in the first quarter of 2012-13, a fall from 22 per cent i...
- Attrition declines in July-Sept on uncertain job marketAttrition rate in the second quarter of current fiscal declined by 18 per cent compared to the first quarter of FY'11.
- High attrition continues to plague services sectorAttrition level in the financial sector has edged up to 44 per cent this year from 32 per cent a year ago, with banking and trade bearing t...
- Math-fixing for a perfect staff scoreThe case is hypothetical. But in the real corporate world, this is exactly what companies are doing across sectors.
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