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Press Releases

Demand for middle managers up by 10%: TimesJobs.com reports

The demand for middle managers has witnessed a y-o-y increase of 10 per cent, shows TimesJobs.com data from Feb 2014-Feb 2015. This experienced category also reported a 19 per cent jump from Jan to Feb 2015, with IT/Telecom being the top hiring sector. There has been a positive sentiment in hiring at the middle-level in several sectors in India. Middle manager posts have seen a jump in demand by 10 per cent between Feb 2014 and Feb 2015, shows TimesJobs.com data. “With a positive Indian economic outlook, there is great anticipation of rapid growth across industries. This is leading companies to realise their need for middle management experience and skills to scale up and take advantage of this growth. In addition,...
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North-eastern states emerge as new job hotspots: TimesJobs.com

A 5-30% y-o-y growth rate in talent demand is seen in Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Tripura, Nagaland and Sikkim shows the RecruiteX data from Feb 2014-Feb 2015 March 17, 2015: The latest TimesJobs data reflects an upsurge in hiring trends in Northeast India. The Automobile, IT-software, consumer durables/FMCG and BFSI sectors are driving job growth. Data indicates residents of the North-East are likely to earn more in their hometowns than in metros in similar job profiles. “The Prime Minister’s focus on the region coupled with improving interstate infrastructure and telecommunications are providing a strong impetus to economic development and job growth in the Northeast. With a young and a ambitious, well-educated population it is quite possible that the...
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India’s Biggest Code Contest is Back! Over 40,000 coders will fight it out for ‘Code Gladiators’ titles this year.

Renowned for creating the largest community of techies in India, TechGig is back with the second edition of it nation-wide inter-company hackathon ‘Code Gladiators 2015’. February 2015: After a very successful run last year, as the biggest code contest in India, this year’s competition will almost double in size. Code Gladiators 2015 will witness over 40,000 coders participating from 7000+ companies, pan India. “Code Gladiators is the first national level, inter company coding contest, that not only highlights top coders, but top IT companies as well. The scale of this contest provides unparalleled opportunity to provide the IT industry with insights that include geographic, academic, institutional and corporate benchmarks. Insights from last year’s contest were very successfully leveraged both by...
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Hiring records double-digit growth, up for third consecutive month TimesJobs RecruiteX reports

February 10, 2015: Online hiring activity grew by 11 per cent in January 2015, with IT/Telecom leading the demand, reports the latest RecruiteX by TimesJobs. This is the first time since 2012 that online hiring has increased for three months in a row. “A new energized government, quick policy decisions and reforms are pushing up hiring across key sectors. E-commerce and startups continue to contribute significantly, to the growth of the job market in 2015. Innovation and technology interventions are creating opportunities that are set to boost employment by creating new and unique roles and jobs, in times ahead. In order to sustain double-digit job growth, investments in IT and manufacturing sectors will be needed to be stepped up.” explains...
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Tracking Rental Property Values across India – Magicbricks launches the Rental PropIndex report

This report highlights the most preferred budget ranges renters look for and what configurations and property types that are most sought after for rented accommodations. 09 Feb 2015: Magicbricks has launched its 1st PropIndex Rental Market Analysis Report (Oct-Dec 2014). This is the first time Magicbricks has taken a dip into the demand and supply analysis of the rental market. The report gives insights about the existing demand and supply in different budget ranges, BHK configurations and property types across the 11 major cities of India. The maiden edition reveals that over 75% demand is noted for apartments as rented accommodations while the Rs 10,000-15,000 rent-per-month category is the most preferred segment. “Limited availability of ready-to-move-in properties and pilling up...
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India Inc. enters 2015 with positive hiring sentiments: TimesJobs RecruiteX Reports

January 27, 2015: Hiring activity grew by 2 per cent year-on-year through 2014, with Retail and BFSI leading the charge according to TimesJobs’ latest RecruiteX report. The TimesJobs RecruiteX has shown a steady growth in demand, suggesting a sustained momentum in hiring activity. The growth is expected to continue through this year believe experts. “As TimesJobs’ data shows – 2015 seems to be a good time to be active in the job market. With a stable government and strong economic cues, the inevitable growth of Indian Industry will fuel considerable job growth in the country as well. Companies in core sectors of IT, engineering, manufacturing, BFSI, hospitality, logistics, ecommerce and retail will emerge as leading employers.” remarked Vivek Madhukar, COO,...
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Indian Real Estate Market: Sentiments plummet

The IIMB Magicbricks Housing Sentiment Index (HSI) for the 3rd quarter of 2014-15 was sharply down across all 10 cities, ending the cautious optimism witnessed so far this year. Ahmedabad, Delhi and Gurgaon witnessed over 25% correction in sentiments compared to the previous quarter. January 14 2015: The Housing Sentiment Index (IIMB-Magicbricks HSI) assessed by IIM Bangalore and Magicbricks, forecasts that homebuyers across all 10 cities surveyed expect real estate prices to drop over the next six months. The aggregate Housing Sentiment Index (HSI) measured across the 10 cities dropped sharply by 29% this quarter to 81. (An HSI score of 100 suggests the prices would remain static). The IIMB Magicbricks buyer sentiment survey includes the cities of Ahmedabad, Bengaluru,...
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Magicbricks’ – New Year Relaunch!

For us, it’s not just the year that has changed – Experience the all-new Magicbricks, sporting a brand new design, easy navigation, better data quality & improved search. January 12, 2015: Magicbricks has jumpstarted into 2015 – India’s No 1 Property Portal just got better, faster & informative with a new design, easy navigation, improved data quality & improved search. The new portal also delivers on better listing quality with over 2 Lakh Verified Listings; as well as High quality analytics and information. Elegant, Contemporary Design A brand new design was unveiled on New Years’ Eve, keeping step with the latest design philosophy of utilitarian minimalism. The sleek new design of Magicbricks.com is particularly evident on its Home Page, Search...
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#JobBuzzInsight Presents – The 2015 TimesJobs Calendar

A hilarious look at workplaces and bosses – serves as a clarion call to employers on the buzz their employees are creating on JobBuzz January 6, 2015: We have all heard legends of those dreaded work places where the perks are non-existent and bosses resemble dungeon masters. Thankfully, none of us actually work in them! JobBuzz takes a humorous look at the workplace from the perspective of the employee. JobBuzz.in, the popular candidate engagement platform from TimesJobs, helps users make smarter career decisions with company insights, reviews, ratings, salary benchmarks and interview information contributed by current or past employees of a company. “With this year’s calendar, TimesJobs mirrors how JobBuzz reveals insights of what employees think about their bosses, workplaces...
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