employees, workers

There is a steady increase in the hiring of tech talents in the EPC (engineering, procurement and construction) sector amid constant technology upgradation by firms and the government's focus on accelerating infrastructure development, according to a report.
Following positive sentiments around the 2023 Budget, the EPC sector is witnessing a rise in hiring of tech talents, both top-level management and freshers, according to CIEL HR Services report 'Employment Trends Today in EPC Sector in India - February 2023'.
The report revealed that among the non-tech sectors, the EPC takes the lead (11 per cent) with regard to the most sought-after role of software development (2,367 jobs) compared to FMCG (3 per cent), Pharma (2 per cent) and Banking (10 per cent).
The report is based on a survey of leading 52 EPC companies employing over 80,000 employees. The analysis included 21,865 jobs posted on job portals in January 2023.
The report further revealed that with constant technology ...

renewable energy

Engineering major will participate in projects where supply and land risk is not there: CEO

Reliance, Reliance Industries

The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group

Kalpataru Power Transmission Limited

Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.

Piyush Goyal

According to preliminary data released by the commerce ministry on Tuesday, merchandise exports declined to a five-month low of $35.2 billion in July

KEC International

The company has bagged multiple orders worth Rs 1,092 crore across its businesses in India and overseas.

Order book position of road EPC firms to get better, says CRISIL

Asset monetisation in the roads sector will see an acceleration as EPC companies in this space pursue growth

Strong order books, healthy execution blow for road EPC companies: Crisil

Strong order books and healthy execution of projects will cushion revenue blow for Engineering, Procurement and Construction (EPC) companies in the highways sector, Crisil Ratings said on Wednesday.

Increasing hurdles: Arbitration claims against NHAI on the rise

Slower project awarding and delayed receipt of 'appointment date' (on which projects are kicked off) from the NHAI are the main contributors to this decline

graph

Shapoorji Pallonji & Company holds a 66% stake in SWS while the rest is held by Khurshed Yazdi Daruvala

EPC companies are set for 15% topline growth in F18: Crisil

The road ministry's efforts to improve the financial health of road companies in the country have paid off. According to rating agency Crisil, credit profile of road engineering, procurement and construction (EPC) companies have shown a sharp turnaround.The Crisil report added these road EPC companies are  set for 15% topline growth in current fiscal year."Driven by the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), over 80% of the highway projects in the past three years have been bid out under the hybrid - or engineering, procurement, construction (EPC) - model. Not surprisingly, 50 road EPC companies rated in the investment-grade by CRISIL, have benefited from the trend and delivered 20% compounded annual growth in revenue in the past three years," the report said.According to the report, better working capital management and capital structure, sharp focus on execution and judicious bidding has led to a significantly improved ...

The stock of the public sector bank (PSB) touched Rs 51, its highest level since March 2015, on improved operating performance

Indian Overseas Bank, IOB

A corporate presentation notes the "consistent shareholder returns" from more than $11 billion in dividends over the past decade

Vedanta

Stocks to Watch on Wednesday, October 4, 2023: Bajaj Finserv's insurance arm, Bajaj Allianz General Insurance has received a show cause notice alleging a tax demand of Rs 1,010.05 crore

image

The US and Europe are offering 8 to 10 times more subsidies amounting to a massive $650 billion, around 18 per cent of India's gross domestic product

solar power, solar energy, green energy, clean energy

According to Counterpoint data, the market share of brands outside the top five sharply increased from 43.2 per cent in 2021 to 57.4 per cent in 2022

Television

"Inflation is making people feel poorer, the quicker we bring inflation down the better it is, and that is why it is the right priority, and we are making good progress," Sunak told the BBC

Rishi Sunak

Prime Minister Narendra Modi will visit Gwalior and Jabalpur in Madhya Pradesh on Monday and Thursday respectively to launch several projects, including the inauguration of Rs 11,895 crore Delhi-Vadodara Expressway, an official release and the BJP said.
A statement from the Prime Minister's Office said besides inaugurating the Expressway, Modi will also lay the foundation stone for five different road projects worth more than Rs 1,880 crore during the Gwalior visit.
The PM will initiate the 'grih pravesh' ceremony for more than 2.2 lakh homes built under the Pradhan Mantri Awas Yojana - Gramin, as well as inaugurate the houses constructed under the Pradhan Mantri Awas Yojana - Urban at a cost of about Rs 140 crore, it said.
Modi will lay the foundation stone of Jal Jeevan Mission projects worth over Rs 1,530 crore in Gwalior and Sheopur districts, which will benefit more than 720 villages in the region.
The PMO statement said Modi will also lay the foundation stone of nine health .

Prime Minister Narendra Modi, PM Modi

Kerala Chief Minister Pinarayi Vijayan will inaugurate seven "mega projects" at the international airport here on Monday, Cochin International Airport Limited (CIAL) said.
The airport authority said the chief minister will inaugurate the operation of the Import Cargo Terminal, DigiYatra software and Airport Emergency Services at CIAL.
He will also launch the projects for the first phase of the expansion of  Terminal 3, the '0484' luxury aero lounge, an intrusion detection system at the airport and the Golf Resorts.
In a Facebook post, Vijayan said the aero lounge will consist of 42 luxury guest rooms, a restaurant, mini conference hall, board room, gym, spa among other facilities.
"Once fully operational, with a massive area of 50,000 sq. ft., it will become the biggest lounge facility in the country," Vijayan said.
He said the Airport Fire and Rescue force is being upgraded to Airport Emergency Services with the inclusion of two Austrian-made fire engines and other advanced vehic

Kerala CM Pinarayi Vijayan

Tesco recently started offering body cameras to its staff for better protection and Aldi is currently trialling the idea

UK retailers

Last year, Elon Musk posted a series of tweets which showed that Twitter had 254.5 million daily active users

Linda Yaccarino

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

Rupee, Indian Rupee, Indian currency

Indri whisky is the first Indian whisky to win this renowned award

whisky

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

The Confederation of All India Traders (CAIT) wrote to Amitabh Bachchan stating that his recent ad for Flipkart spreads misinformation and hurts local businesses

Amitabh Bachchan

Even if generative artificial intelligence has been overhyped, it's safe to assume that ChatGPT-type bots will only get better at routine tasks like writing computer software

jobs, IT jobs, IT industry, AI

India's 'Travel for LiFE' campaign is a "fantastic initiative" and worth replicating as it addresses both the demand and supply sides of the sector, the chairperson of Bangkok-based Pacific Asia Travel Association said here on Wednesday.
PATA chief Peter Semone was addressing a large number of delegates who have gathered in Delhi for the 46th edition of the Pacific Asia Travel Association (PATA) Travel Mart being hosted at Pragati Maidan from October 4-6.
At a formal opening of the global travel conclave, he congratulated India and the Ministry of Tourism for the 'Travel for LiFE' initiative.
The opening ceremony was held at Hotel Ashoka here.
The Ministry of Tourism, on the occasion of World Tourism Day on September 27, had globally launched the sustainable programme of 'Travel for LiFE, under the aegis of 'Mission LiFE', targeted towards the tourism sector, promoting tourists to follow responsible behaviour while travelling.
"First of all I would like to congratulate the Governm

students travel

Palm oil company 3F Oil Palm on Wednesday said it has inked an agreement with the Andhra Pradesh government to invest Rs 550 crore over next five years for oil palm plantation, development and processing.
Under the Memorandum of Understanding (MoU), 3F Oil Palm will develop nursery, crop maintenance facility, farmer services, fresh fruit bunches (FFB) collection and handling, research and development facilities, and a greenfield integrated palm oil processing complex in Ayyavaram village, Nallajerla Mandal, East Godavari, the company said in a statement.
The company has also been allotted an additional 24 zones in the five districts of Tirupati, Chittoor, Guntur, Nandyal and Krishna with a potential area of over 1,00,000 hectares, it added.
"We are enthusiastic to embark on this transformative journey with the farmers of Andhra Pradesh. Our milestone investment of Rs 550 crore not only signifies our confidence in the potential of the region but also our commitment to sustainable and

Palm oil, edible

The associations said that as journalists and news professionals, we are always ready and willing to cooperate with any bona fide investigation

Chief Justice of India (CJI) DY Chandrachud

The Enforcement Directorate is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness, the Supreme Court has held, and directed the anti-money laundering agency to henceforth furnish the grounds of arrest to the accused in writing "without exception".
In a significant verdict having far-reaching ramifications, the apex court said being a premier investigating agency charged with the onerous responsibility of curbing the debilitating economic offence of money laundering in the country, every action of the ED in the course of such exercise is expected to be "transparent, above board and conforming to pristine standards of fair play in action".
"The ED, mantled with far-reaching powers under the stringent Act of 2002, is not expected to be vindictive in its conduct and must be seen to be acting with utmost probity and with the highest degree of dispassion and fairness," a bench of Justices AS Bopanna and Sanjay Kumar said.
The top court, which set 

Supreme Court (Photo: Wikipedia)

More than 77 per cent voter turnout was recorded in the elections to Ladakh Autonomous Hill Development Council (LAHDC), Kargil, the first key poll in the region after abrogation of Article 370.
Polling for the elections which began at 8 am concluded at 4 pm smoothly,  officials said.
Voters across age groups turned out in large numbers to cast their vote in the 5th LAHDC elections in which 87 candidates are trying their luck for 26 seats of the 30-member hill council. Four councillors with voting rights are nominated by the administration.
The counting of votes is scheduled for October 8 and the new council will be in place before October 11. The existing council headed by National Conference's Feroz Ahmad Khan completed its five-year term on October 1.
"There was polling of 77.61 per cent in the elections to LAHDC Kargil today. Barring a few incidents, polling concluded smoothly in all the constituencies," Deputy Commissioner, Kargil, Shrikant Balasaheb Suse told PTI.
As per the

EPC companies

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Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore

Exporters meet Piyush Goyal, flag concerns on demand from Western nations

KEC International jumps over 5% on securing multiple orders

Order book position of road EPC firms to get better, says CRISIL

Strong order books, healthy execution blow for road EPC companies: Crisil

EPC road firms could face slowdown in revenue growth in FY20, FY21: Crisil

Sterling and Wilson Solar IPO: Business model, diverse operations key

Road EPC companies set for 15% topline growth in FY18: Crisil