Banks collect Rs 5,000 cr as minimum balance penalty in FY 2017-18As many as 21 public sector banks (PSBs) and three major private sector lenders have collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18. Among the PSBs, the State Bank of India emerged the highest earner with Rs 2433 crore penalty - nearly half of the total collection.PM Modi to inaugurate India Post Payments Bank on August 21Prime Minister Narendra...

Tech Mahindra indicated at hiring around 4,000 freshers over the next three quarters as the IT services major focuses more on \"demand-based\" hiring instead of creating an inventory.

The survey has reported a positive net employment outlook of over 52% for the period April - September 2018.

We received umpteen number of job opportunities which were distributed in many categories like Computer & IT, Sales & Retail, Advertising & Marketing, Manufacturing & Warehouse etc.

To have a comprehensive job list, Google has partnered with Aasaanjobs, Freshersworld, Headhonchos, IBM Talent Management Solutions, LinkedIn, QuezX, QuikrJobs, Shine.com, T-Jobs, TimesJobs, and Wisdomjobs.

According to Salil Parekh, the company's new strategy rests on four pillars: Scaling up digital, energising the \"core\" using automation and AI, reskilling the workforce and expanding localisation.

Abbott Indias employee value proposition strategy focuses on flexi-benefits, participation of women and nurturing future leaders.

Acharya Balkrishna, MD of Patanjali Ayurved, asserts that his company is a flagbearer of swadeshi. He spoke to BT's Ajita Shashidhar about what makes Patanjali stand out.

The sector, which has been witnessing rough weather in terms of profitability due to rising competition and lower margins, has witnessed large scale lay-offs making job scenario uncertain, said a CIEL HR Services in a report today.

Parekh inherits a company with several serious strengths including high margins, a large customer and employee base. He also has several immediate challenges.

\"They should pay more because people need to live properly, they don't get enough money to live,\"Pai said

Terming the trend of no hikes for juniors and freshers as \"worrisome,\" Murthy rued that the senior level people have been taking handsome hikes.

iding high on the success of its offline annual sale festival in 2016, Paytm has come up with the second edition of '12/12 Festival' for its over 5 million offline merchant partners accepting Paytm by offering best deals and cashbacks up to 50 per cent.

After its Big Billion Days sale, Flipkart has announced New Pinch Days sale, with discounts up to 80 per cent across categories, right before Christmas and New Year's eve.

Snapdeal has taken the lead in rolling out the carpet for new recruits - 53 per cent of the total job postings came from the e-commerce marketplace run by Jasper Infotech.

Hiring intentions across the IT sector in India will further weaken between October 2017 and March 2018, stated the Experis IT Employment Outlook Survey, released today by Experis IT ManpowerGroup India.