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is realy recession in India
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Recession in India
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About "is realy recession in India" topic:
Realy recession is in india or companies are just trying to make it by the way of reducing employees, reducing salaries and cost cutting in different modes.
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Recession is over Are you surprised? Yes, I would like to spread this news across the world. That the so called buzzword recession does not exist anymore. You may be wondering why I am telling you so. I feel that recession is like viral fever which has spread very fast and it is now that wherever you go, you will listen people talking about this word in may be in terms of its synonyms. Although the actual recession may be of very small magnitude but due to the fear factor it has created a tremendous impact on global economy. People no longer taking any major decisions whatsoever it may be where spending money is involved. People going to barbour’s shop and after having done necessary things...
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a
| Commented
| 2 years ago
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Yes fellow members you all are right, recession is over but still companies are using this word like a sword to cut down their costs. Each & Every company is in profit but they are showing Profit in respect to last yr financial profit is 10,20,30%...
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Raghu Kastury
| Commented
| 2 years ago
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First we must understand why recession comes. I am not talking about the great economic theries, I am very poor in economics. It is the fear of loosing those comforts of life - example, job, house, holiday, medical insurance etc. These are for...
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Shishir Mishra
| Commented
| 2 years ago
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Yes Mr. Asghar you are right here it is just that word of mouth that has been spread by everybody about the recession and this has spread like a wildfire and hasn't stopped yet, its just the fear of people what is driving this recession, so one...
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Amid the economic downturn impacting companies worldwide, India Inc remains cautiously optimistic with just 16 per cent firms freezing salaries and as low as 6 per cent reducing pays for 2009-10, a survey by HR consultancy Hewitt Associates says. According to a mid-year survey on 'Performance Reward Trends' by Hewitt Associates, companies across industries are strongly differentiating rewards on the basis of performance but majority of them are not considering any layoffs or severe salary cuts in current fiscal. 'With only five per cent of the organisations considering layoffs, minimal salary reduction at 6 per cent and salary freeze at 16 per cent, India Inc looks cautiously optimistic,' H...
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Khalil Qureshi
| Commented
| 2 years ago
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I am not concerned with the authenticity of the news if this news can improve sentiments and drafts a change in view of the industry then I am with it. basically a lot of recession is in our heads if such articles help us in overcoming negative...
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Vivek Singh
| Commented
| 2 years ago
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The survey may be doubtful. I am not able to comment on that but the inference is moral boosting. The figurse may not be absolutely correct but ther is no doubt that comparatively India behaved better than the mightiers.
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Trends: "India Inc cautiously optimistic; just 6% firms reduce salary" deleted from your view.
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Realy India is under the influence of recession or companies are just trying to make it by the way of reducing employees, cost cutting at different modes.
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Sudeep Tarafdar
| Commented
| 2 years ago
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Its both santosh India is not totally impacted by the recession but there is layoffs happening even if it is not affecting the organizations, where non performers are being removed..
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With the global economy witnessing a huge turmoil, the focus for the event this year remained on sharpening the skills of the developer community to tackle recession. BANGALORE, INDIA: The Great India Developer Summit(GIDS), an event for the independent software professionals and developer community, produced by Saltmarch media was organized from 22nd_25th April 2009 at the Indian Institute of Science Bangalore. The event witnessed over three thousand delegates with eighty speakers attending to 110 sessions. The agenda of the event was to provide a single platform for learning and understanding of various technologies that can be further useful for building their careers. The event covere...
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Dipak Maity
| Commented
| 2 years ago
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Yes with this recession it is forcing individuals to have various domain knowledge to beat the recession, and to gain more visibility in these times, and not only at GIDS world over topic of interest is on Recession, and how to beat it...so thanks...
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Bangalore: Satyam Computer Services, which is now backed by Tech Mahindra is all set to sack 7500 to 8000 'non-billing' staff from June. Tech Mahindra is opting for such a cost cutting measure to control the falling revenues in the company. Vineet Nayyar, CEO of Tech Mahindra had said last week that Satyam has about 10,000 surplus staff and 'we are looking at the least painful ways to tackle the problem.' The 'least painful' ways of sacking is asking the bench, non-billable and support staff to go. Nayyar will come on the board of Satyam from June 1. After the Tech Mahindra directors come on board, there would be a mass sacking of the support and the non-billable staffs undoubtedly, as info...
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Go beyond brand names in securing jobs - Recession The looming Recession and lackluster Job Scene has left many fresh graduates Feeling the heat Jobs are hard to come by and the wait is becoming frustrating. Pay cuts, job losses and recruitment freeze have become commonplace in today’s market place, owing to recession. People with several years of work experience are encountering this unsavory trend. Evidently, the plight of recent graduates is also not looking up. However, tough times have strengthened these youngsters and many of them are working hard at coping with the recession. An empty mind is a devil’s workshop and many graduates have taken these words to heart. So instead of languis...
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sujit Kumar
| Commented
| 2 years ago
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But still if you get a good Brand name definitely go for it first. Brands donot build on weak pillars. Trust them. If then you find the experience not worth, you always have a chance to move away.
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Yes
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No
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Atul Yadav
| Argues in support of
"Yes"
| 2 years ago
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yes recession can be exhausted after some years
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