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Modi govt may outline India's first employment policy in upcoming budget

8 months ago

The policy is expected to be announced in the upcoming Budget…. and ahead of general elections in 2019.

In a move to generate job opportunities in India, Narendra Modi govt is likely to announce its first national employment policy in the upcoming budget. The policy will outline a comprehensive roadmap for making of quality jobs across sectors through economic, social and labour policy interventions. The policy is expected to be announced in the upcoming Budget, the last full one that will be presented by this govt, ahead of general elections in 2019.

The multi-pronged employment policy reportedly will comprise incentives for employers to generate more jobs, reforms to attract enterprises and help for medium & small scale industries, which are major job providers.

The putting into action of the policy will expected provide quality jobs to over 10 million candidates added to the country's workforce annually and ensuring that more of these are generate in the formal sector. Till now, hardly 10 percent of the country's 400 million workforce is in the organized sector, as per media report.

The policy reportedly comes amid rising pressure to expedite job creation in synchronization with economic enhancement so that incomes grow and millions of people are lifted out of poverty.

TCS wins two awards in Forbes 2017 Global 2000 list

8 months ago

Information Technology Giant, Tata Consultancy Services (TCS) has been awarded as one of the Top Regarded Companies and one of the World's Best Employers in the Forbes-2017 Global 2000 list.

Based on the 2017 Global 2000 list of the world's biggest public companies published by Forbes earlier this year, Forbes Media & Statista Inc have recently published smaller lists of the best-performing companies under different categories, based on global polls.

TCS was among the companies receiving the highest total scores in that poll, First ranked, across all industries in India and ranked 4 globally in the Computer Services industry.

To identify the top regarded companies, some 15000 respondents from sixty countries were polled online to evaluate the Global-2000 companies' reputation along four dimensions — trustworthiness, social conduct, company as an employer and performance of the product/services.

The company was also named as one of the Global 2000 — World's Best Employers.
The list was compiled by analyzing over 3,60,000 global recommendations collected through a global poll and different regional surveys wherein employees were asked to rate their own employer (internal perception) as well as recommend other employers (public perception).

Shalby Hospital’s Rs 500 crore IPO opens

8 months ago

Shalby Limited, which runs a multi-specialty hospital chain, emerges with IPO of Rs 504.8 crore, opened for subscription and the issue closes on 7 Dec. The IPO price band of Rs 245 - 248 per equity share. The company expects to garner Rs 480 crore from a fresh issue of equity shares.

Promoter Vikram Shah Burman has put an offer for sale upto 10,00,000 equity shares which at the upper end of the price band will fetch Rs24.8 crore. Investors who are desirous of getting higher risk may subscribe to the IPO of Shalby Hospitals, because of its good margins compared with the industry.

Shalby Limited has an established presence and strong brand recall in Gujarat, and an emerging presence in western & central India, Led by Dr. Vikram Shah, an Orthopaedic Surgeon with more than 25 years of professional excellence.


Stock Future Trading Advantages

8 months ago

Stock Futures are the financial contracts in which the underlying asset is an individual stock. Stock Future contract is the agreement to buy or sell a specific quantity of underlying equity share for a future date at a price agreed upon between the buyer and seller. The contracts posses standardized specifications such as market lot, expiry day, unit of price quotation, method of settlement and so on.

Future contracts are being traded in huge numbers day by day and hence futures are very liquid. The regular presence of buyers and sellers in the future markets make certain market orders can be placed quickly.

A future trader can trade high quantity of the security if he has predicted the market movement suitably and will get multiple profits. The Futures trading has a Profit both in bullish and bearish markets, buy and sell are also equally easy. A trader can make money even when the prices go up or go down, if deals properly. The future trading is always profitable, but the investors have to consider that the risk amount in future trading is higher than the Cash segment, in case the assumption goes wrong.

Elite Investment Advisory Services, the leading capital market advisory company provides plenty of stock future tips for traders with proper stop loss. Elite Investment Advisory has been serving its clients satisfactorily for many years now.