Business Boom: How Ram temple will change the fortunes of Ayodhya firstpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from firstpost.com Daily Mail and Mail on Sunday newspapers.
Typically, a hotel from construction stage to getting operational takes 3-4 years, said Nandivardhan Jain, CEO of Noesis Capital Advisors. However, in the case of Ayodhya, various permissions could be fast-tracked and, so, the demand for manpower is expected to pour in within 18 to 24 months, he added.
Typically, a hotel from construction stage to getting operational takes 3-4 years, said Nandivardhan Jain, CEO of Noesis Capital Advisors. However, in the case of Ayodhya, various permissions could be fast-tracked and, so, the demand for manpower is expected to pour in within 18 to 24 months, he added.
Black Friday is becoming a global phenomenon for brands to attract Indian consumers and boost sales. The rise in demand is particularly relevant for lifestyle products like consumer durables, IT products, garments, and wearable accessories. The Black Friday sales market in India is predicted to witness a CAGR of 37.4% by 2032. The push on Black Friday sales is largely driven by e-commerce, with companies witnessing higher traffic.
Black Friday: Amazon India is kicking off its beauty sale on the same day with up to 60% discounts. Zeba Khan, director – beauty, personal care and luxury beauty, Amazon India, said the sale event is being equipped with “brand partnerships and live sessions”.
The Cricket World Cup in India is expected to create up to 100,000 additional jobs and boost salaries for temp and gig workers. Recruitment services providers estimate that the demand for manpower during the tournament will range from 50,000 to 100,000 workers. Companies are witnessing a 40% increase in salaries for gig and temp workers, with a rise in demand during the World Cup and festive season. The ripple effect of the tournament includes increased demand for television sets, high-speed internet connections, and online ticket sales. The 10 host cities are experiencing a significant uptick in job opportunities and economic growth.
The demand for temporary workers in tier 2 and 3 cities in India is increasing during the festive season, driven by growing consumption and expectations of a revival in discretionary spending. Staffing firms such as Manpower, Randstad, Quess, TeamLease Services, Adecco, and Persolkelly have reported a doubling in demand compared to last year.