<ul><li><keyword id="45179" type="General" weightage="20" keywordseo="ntpc" source="Orion">NTPC</keyword> is hiring 15 experienced mechanical and civil engineers with a salary of ₹60,000 per month.</li><li>The last date to apply for the opportunity is November 30, 2021.</li><li>Candidates will have to pay a registration fee of ₹300 while filling out the application form.</li></ul><keyword id="76758" type="General" weightage="20" keywordseo="national-thermal-power-corporation" source="Orion">National Thermal Power Corporation</keyword> (NTPC) is inviting applications from 15 experienced Mechanical and Civil engineers for its project in Uttarakhand with a fixed consolidated salary of ₹60,000 per month plus house rent allowance or company accommodation and medical facilities. The last date to apply for the opportunity is November 30, 2021. Interested candidates can apply on the official <a href="https://careers.ntpc.co.in/2021_HydroFTE_Adv_102021/index.php">website</a>. These are the roles available — <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"><colgroup></colgroup><col /><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Role </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Vacancies </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Eligibility criteria </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mechanical Engineers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">5 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Minimum one year of experience post qualification in construction/erection/engineering of Hydro power projects/stations with bachelors in Engineering (B.E)/bachelor of technology (B.Tech) in mechanical engineering with at least 60% aggregate marks from a recognised university/institute. </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Civil Engineers </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Minimum one year of experience post qualification in construction/erection/engineering of Hydro power projects/stations with B.E/B.Tech in civil engineering with at least 60% aggregate marks from a recognised university/institute. </td></tr></tbody></table> Candidates belonging to the general/other backward class (OBC)/ economically weaker section (EWS) will have to pay a non-refundable registration fee of ₹300 while filling out the application form. Other general rules and regulations — <ol><li>Only Indian nationals are eligible to apply. </li><li>The maximum age limit criteria for these roles is 35 years. </li><li>The management reserves the right to conduct an online screening/selection test to raise the minimum eligibility criteria, in order to restrict the number of candidates to be called for an interview. </li><li>Candidates should ensure that the details provided should be verified as if found to be untrue in the later stages of the recruitment will lead to disqualification.</li></ol>SEE ALSO:<a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/chinas-anti-addiction-regulations-for-video-games-are-making-it-difficult-for-game-developers-to-operate-heres-why/articleshow/87781088.cms">China’s anti-addiction regulations for video games are making it difficult for game developers to operate — here’s why</a><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/concerns-over-high-global-inflation-keep-indian-equity-markets-under-pressure/articleshow/87779090.cms">Concerns over high global inflation keep Indian equity markets under pressure</a>

NTPC is hiring experienced engineering professionals with a monthly salary of ₹60,000

<ul><li><keyword id="45179" type="General" weightage="20" keywordseo="NTPC" source="Orion">NTPC</keyword> is recruiting 40 engineering graduates for a training of at least one year across various locations in <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>.</li><li>The last date to apply for the opportunity is March 10.</li><li>Candidates can expect their monthly salary between ₹40,000 to ₹1,40,000.</li></ul>National Thermal Power Corporation Limited (NTPC) is inviting applications to fill up 40 engineering executive positions for at least one year across different locations in India. The online application window will close on March 10. Selected candidates can expect their pay scale to range between ₹40,000 to ₹1,40,000, with other benefits such as dearness allowance, and other perquisite allowances, terminal benefits etc., as per the official notification by NTPC. Selected candidates will be posted for projects/stations/sites and will be required to work in shifts including night shifts. These are the vacancies — <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"><colgroup></colgroup><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Posts </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of vacancies </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Computer Science(CS)/Information Technology (IT) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">15 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mining </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">25 </td></tr></tbody></table> Eligibility criteria for both the positions — <ol><li>Candidates must have appeared for Graduate Aptitude Test in Engineering (GATE) in 2021, the selection will be done on the basis of the performance in this test. Note: Candidates applying for CS/IT post must have appeared for GATE 2021 CS exam and those applying for Mining must have appeared for GATE 2021 MN exam. </li><li>Educational qualification for CS/IT — Candidates must hold a full time engineering degree in computer science or information technology disciplines from any Indian university/institute recognised by AICTE. </li><li>Educational qualification for Mining — Candidates must hold a full time engineering degree in mining discipline. </li></ol>Candidates will also have to pay a non-refundable application fee of ₹300, while filling out the application form. The application fee can be paid online or offline (only via State Bank of India). SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/90-percent-of-companies-in-india-are-planning-to-give-bonuses-this-year/slidelist/89944871.cms">90 percent of companies in India are planning to give bonuses this year</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/top-10-richest-persons-in-russia-as-per-bloomberg-index/slidelist/89962161.cms">Mukesh Ambani's net worth is equal to Russia's four richest billionaires combined</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/how-buy-and-sell-tesla-apple-netflix-amazon-and-four-other-us-stocks-in-india-via-nse-ifsc/articleshow/89964098.cms">Buy and sell Tesla, Apple, Netflix, Amazon and four other US stocks in India via NSE IFSC – here’s how</a>

NTPC is hiring engineering trainees with a minimum salary of ₹40,000 per month

<ul><li><keyword id="45179" type="General" weightage="100" keywordseo="ntpc" source="Orion">NTPC</keyword> is recruiting 60 executive trainees in various departments across the country.</li><li>Candidates can expect a monthly salary to range between ₹40,000 to ₹1,40,000.</li><li>The selected candidates will undergo a training period of one year at various places.</li></ul>National Thermal Power Corporation (NTPC) is looking forward to fueling its growth plans by hiring 60 executive trainees (ET) in various departments across the country. The online application window opened on March 7 and will close on March 21. Candidates can expect a monthly salary to range between ₹40,000 to ₹1,40,000 with other benefits such as dearness allowances, terminal benefits, and many more. The selected candidates will undergo a training period of one year at various places. The final posting will be decided after the competition of training across the country. These are the vacancies in NTPC — <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"><colgroup></colgroup><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Post </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of vacancies </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ET Finance (CA/CMA) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">20 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ET Finance (MBA-Finance) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ET Human Resources (HR) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">30 </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> <cmsannotation type="cmsannotation" annotationid="Eligibility criteria for the roles —" comment="subhead" text="Eligibility criteria for the roles —">Eligibility criteria for the roles —</cmsannotation> <ol><li>For ET Finance (CA/CMA) — Chartered Accountant (CA)/certified management accountant (CMA) qualified from a recognised institute.</li><li>For ET Finance (MBA-Finance) — Candidates must have completed graduation/post-graduation/diploma of at least two years in management with specialisation in finance or must have completed masters in business administration (MBA) from recognised institute/university with at least 65% marks.</li><li>ET (HR) — Candidates must have completed graduation/post-graduation/diploma in management with specialisation in human resources/industrial relations/personal management or MBA with specialisation in HR from recognised institute/university with at least 65% marks.</li><li>The maximum age of the candidates should be 29 years.</li></ol><cmsannotation type="cmsannotation" annotationid="Selection Process —" comment="subhead" text="Selection Process —">Selection Process —</cmsannotation> Candidates will have to appear for an all <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword> based online selection test, which will contain two parts — subject knowledge test and executive aptitude test. Candidates who clear both the tests will be further called for a personal interview round. Candidates will also be required to pay an online application/registration fee of ₹300, while filling out the online application form. Interested candidates can seek more information <a href="https://careers.ntpc.co.in/main/folders/Archives/advt/07_22_Large_Advt..pdf">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/india-vs-sri-lanka-second-test-the-lankans-must-be-praying-for-their-first-ever-test-win-in-indian-soil/slidelist/90147734.cms">India vs Sri Lanka second test: The Lankans must be praying for their first-ever test win in Indian soil</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/dubai-adopts-crypto-law-as-it-looks-to-become-a-hub-for-web-3-0/articleshow/90146919.cms">Dubai adopts crypto law as it looks to become a hub for web 3.0</a>

NTPC is hiring 60 executive trainees with a maximum monthly salary of ₹1,40,000

The <keyword id="6356740" type="UNKNOWN" weightage="20" keywordseo="RAILWAY">Railway</keyword>s said that around 2.4 crore candidtates have applied for 1.4 lakh vacancies in Indian Railways for various categories of staff to be hired by the Railway Recruitment Boards (RRBs). A statement issued by <keyword id="9255929" type="COMPANY" weightage="20" keywordseo="the-ministry-of-railways">the Ministry of Railways</keyword> said, "It may be noted that RRBs had issued three centralised employment notifications for NTPC categories, isolated and ministerial categories and Level-1 categories for a total of about 1.4 lakh vacancies for various categories of staff." "Against these employment notifications, more than 2.4 crore candidates have applied," it said, adding that the national transporter has made requisite preparations for smooth conduct of computer based tests (CBTs) which is scheduled from December 15 onwards. It said that the details of schedule of the CBTs will be uploaded on the websites of RRBs in due course. It said that the railways had notified three types of vacancies -- 35,208 for NTPC (non-technical popular categories like guards, office clerks, commercial clerks etc.), 1,663 for Isolated and Ministerial categories (steno and teaches etc.) and 1,03,769 for Level-1 vacancies (track maintainers, pointsman etc). SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/thelife/personalities/news/list-of-indian-billionaires-who-dropped-out-of-school-or-did-not-go-to-school-at-all/slidelist/78829239.cms">From Mukesh Ambani to Azim Premji — Indian billionaires who dropped out of college or did not go to school at all</a>

Over 2.4 crore people apply for 1.4 lakh job vacancies at the Indian Railways

<ul><li>The market regulator Securities and Exchange Board of India (SEBI) mandated that the chairperson, <keyword id="115930" type="POSITION" weightage="20" keywordseo="Chief-Executive-Officer">chief executive officer</keyword> (CEO) of the company can not be the same. </li><li>Wipro’s Abidali Neemuchwala and Karur Vysya Bank’s PR Seshadri quit citing ‘personal’ reasons. </li><li>Of the top 500 companies, more than 160 have shared chairperson and CEO posts — and another 50 companies have the chairperson related to the CEO. </li><li>Checkout the 10 top Indian companies are looking for CEOs.</li></ul>The resignation of <a href="https://www.businessinsider.in/business/news/abidwali-neemuchwalas-scorecard-as-wipros-ceo-for-four-years/articleshow/73794632.cms">Wipro CEO Abidali Neemuchwala</a> made headlines a few days ago. The reasons for his departure were ‘personal’, there are many other Indian firms that are looking for top talent to sit in the corner office. In a bid to scale up the the corporate governance practices, the market regulator Securities and Exchange Board of India (SEBI) mandated that the chairperson, chief executive officer (CEO) and the managing director (MD) of the company can not be the same. The new mandate, that is applicable to the fortune 500 companies will kick off on April 1, 2020. Of the top 500 companies, more than 160 have shared chairperson and CEO posts — and another 50 companies have the chairperson related to the CEO— <a href="https://economictimes.indiatimes.com/markets/stocks/news/sebis-cut-off-for-separate-chairman-and-md-is-here-are-family-run-businesses-ready/articleshow/72973247.cms">according to the</a> Economic Times report. This has opened up vacancies across companies like <keyword id="6355199" type="COMPANY" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword>, Hindustan Unilever and ITC, aside from Wipro. While Neemuchwala will stay on till Wipro finds his successor, the corner office of <a href="https://economictimes.indiatimes.com/industry/banking/finance/banking/karur-vysya-bank-ceo-md-resigns/articleshow/73116982.cms">Karur Vysya Bank CEO PR Seshadri’s last working day</a> will be March 31, 2020. The key qualities of a CEO These top executives must have experience, observation skills, as well as a strong network to the table. “The top executive needs to have the ability to align themselves with the company’s vision. The new SEBI regulations which states that companies cannot have the same person as a CEO as well as Chairperson will create a lot of demand initially, this might lead to some relaxation of assessment standards for some time,” Ajay Shah, VP and head of recruitment at TeamLease Services told Business Insider. “These thought leaders provide much more than just a reference. They also provide counsel; they serve as sounding boards; they act as voices of depth and reason; they help frame a CEO search in the context of the organisation,” Deepak Parekh, chairman at HDFC <a href="https://economictimes.indiatimes.com/news/company/corporate-trends/how-godfathers-of-ceo-hiring-in-india-inc-choose-best-candidate-for-the-top-job/articleshow/34348018.cms?from=mdr">told</a> the Economic Times. It doesn’t take days or hours of interviews. For me, 10 minutes is enough to assess if the candidate is right for the job,” Parekh added. “The <keyword id="1668152" type="PERSON" weightage="20" keywordseo="CEO-hiring">CEO hiring</keyword> protocols that Indian companies follow generally start with external agencies or search firms identifying suitable candidates and the boards or promoters interviewing them. Top 25 thought leaders in India across sectors are tapped for referencing for top appointments. Along with quality references these thought leaders also provide counselling for such hires,” Shah added. Here are the top Indian companies are looking for CEOs: Reliance Industries 
	<div type="image" title="ambani" msid="73997124" hostid="261" caption="&amp;lt;p&amp;gt;Mukesh Ambani&amp;lt;/p&amp;gt;"></div>

 Market Cap: ₹924,038 crore Chairman &amp; CEO: Mukesh Ambani Hindustan Unilever 
	<div type="image" title="sanjiv mehta" msid="73997127" hostid="261" caption="&amp;lt;p&amp;gt;Sanjiv Mehta&amp;lt;/p&amp;gt;"></div>

 Market Cap: ₹464,839 crore Chairman &amp; CEO: Sanjiv Mehta ITC 
	<div type="image" title="sanjiv puri" msid="73997131" hostid="261" caption="&amp;lt;p&amp;gt;Sanjiv Puri&amp;lt;/p&amp;gt;"></div>

 Market Cap: ₹262,428 crore Chairman &amp; CEO: Sanjiv Puri ONGC 
	<div type="image" title="shashi shanker" msid="73997134" hostid="261" caption="&amp;lt;p&amp;gt;Shashi Shanker&amp;lt;/p&amp;gt;"></div>

 Market Cap: ₹135,112 crore Chairman &amp; CEO: Shashi Shanker NTPC 
	<div type="image" title="gurdeep singh" msid="73997139" hostid="261" caption="&amp;lt;p&amp;gt;Gurdeep Singh&amp;lt;/p&amp;gt;"></div>

 Market Cap: ₹110,621 crore Chairman &amp; CEO: <keyword id="108414" type="PERSON" weightage="20" keywordseo="Gurdeep-Singh">Gurdeep Singh</keyword> Adani Ports 
	<div type="image" title="adani" msid="73997149" hostid="261"></div>

 Market Cap: ₹75,174 crore Chairman &amp; CEO: <keyword id="111343" type="PERSON" weightage="20" keywordseo="Gautam-Adani">Gautam Adani</keyword> Karur Vysya Bank 
	<div type="image" title="PRS Karur" msid="73997152" hostid="261"></div>

 Market Cap: ₹4,092 crore Former Chairman &amp; CEO: PR Seshadri Coal India Market Cap: ₹121,036 crore Chairman &amp; CEO: <keyword id="806462" type="PERSON" weightage="20" keywordseo="Anil-Kumar-Jha">Anil Kumar Jha</keyword> BPCL Market Cap: ₹107,161 crore Chairman &amp; CEO: Duraiswamy Rajkumar Power Grid Corporation of India Market Cap: ₹100,629 crore Chairman &amp; CEO: Kandikuppa Sreekant

At least 10 top Indian companies are looking for CEOs — do you have what it takes?

<ul><li>Bengaluru and <keyword id="2094" type="General" weightage="80" keywordseo="pune" source="Orion">Pune</keyword> remain the popular locations for flex space operators, contributing to more than 50% flex space take-up of 2022. </li><li>In 2022, leasing by banking, financial services and insurance (<keyword id="6356925" type="General" weightage="80" keywordseo="bfsi" source="Orion">BFSI</keyword>), consulting and engineering sectors doubled from 2021. </li><li>The report further revealed that increased office space absorption in 2022, led to the vacancy levels across top six Indian cities drop to 16.6%. </li></ul>Leasing of flex spaces was reportedly the highest in 2022 as compared to previous years. According to a report by Colliers, flex space operators leased 7 million sq.ft of space, accounting for 14% share in total leasing. “Flex operators are increasingly leasing offices in Grade A spaces since last year, led by higher demand from large enterprises,” said the report. Bengaluru and Pune remain the popular locations for flex space operators contributing to more than 50% flex space take-up of the year. “The south markets – Bengaluru, Chennai, and Hyderabad – witnessed strong leasing during YTD 2022. Bengaluru has been the undisputed leader of office leasing in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> for a while now and has maintained the streak in 2022 with 3.4 million in Q4 2022,” said <keyword id="3468525" type="General" weightage="50" keywordseo="arpit-mehrotra" source="Orion">Arpit Mehrotra</keyword>, managing director, office services, South India and head of flex, India, Colliers. After <keyword id="1333937" type="General" weightage="50" keywordseo="begaluru" source="Orion">Begaluru</keyword>, flex space leasing in Pune touched a new high during the year at 1.8 million sq ft, grabbing the second spot in pan-India flex leasing. “2022 was a remarkable year for Pune’s commercial real estate with gross absorption witnessing significant recovery. As occupiers make a more systematic return to the office and eye more flexible lease options next year, it will be interesting to see how the flex market in Pune shapes up,” said <keyword id="15956985" type="General" weightage="50" keywordseo="animesh-tripathi" source="Orion">Animesh Tripathi</keyword>, managing director, Pune, Colliers As per the report, there was also an increase in office spaces being taken by banking, financial services and insurance (BFSI), consulting and engineering sector firms in 2022, and the leasing by these three sectors doubled since 2021, surpassing even pre-pandemic times. “BFSI companies have expanded rapidly this year, with Indian banks as well as global financial institutions leasing large office spaces,” said the report. Leasing by BFSI almost doubled since last year, accounting for a 14% share in total leasing, equivalent to flex space. The financial capital of India, Mumbai witnessed the highest BFSI leasing at 40% share, as financial institutions made their comeback to offices. “Interestingly, BFSI companies have expanded rapidly this year, with Indian banks as well as global financial institutions leasing large office spaces. This resonates with the earnings boom seen in the BFSI sector this year,” said <keyword id="193660" type="General" weightage="50" keywordseo="ramesh-nair" source="Orion">Ramesh Nair</keyword>, CEO, India and managing director, market development, Asia, Colliers. Office space vacancy dropped in 2022 As per the report, increased office space absorption in 2022 led to the vacancy levels across top six Indian cities (Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai and Pune) drop from 18.5% in 2021 to 16.6% in 2022. This indicated a strong recovery and stability in commercial office space markets. “Albeit higher than pre-pandemic levels, vacancy levels have declined every successive quarter of 2022 as leasing momentum remained positive,” the report said. Total leasing of office spaces during the year 2022 was noted as 50.3 million sq.ft — which was the highest in any year. <keyword id="674224" type="General" weightage="80" keywordseo="delhi-ncr" source="Orion">Delhi NCR</keyword> recorded 72% year-on-year change in grade A gross absorption rate, followed by Bengaluru (67%) and Chennai (64%). Gross absorption does not include lease renewals, pre-commitments and deals where only a Letter of Intent has been signed. “Delhi-NCR recorded a growth of over 72% from the previous year. The pent-up demand of 2020 and 2021 led to a significant rise in the gross absorption for 2022. Although Q4 has seen a slight dip, it can be linked to the slowdown which is gradually creeping especially in the technology sector,” said <keyword id="4255225" type="General" weightage="50" keywordseo="bhupindra-singh" source="Orion">Bhupindra Singh</keyword>, managing director, North, Colliers. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/top-10-job-roles-across-india-in-2023-data-scientist-cloud-architect-blockchain-engineers-surgeon-in-the-list/slidelist/96710031.cms">From blockchain engineers to surgeons: Here are the 10 top-paying jobs in India in 2023</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/ntpc-starts-blending-green-hydrogen-with-piped-natural-gas-in-surat/articleshow/96712471.cms">NTPC starts blending green hydrogen with piped natural gas in Surat</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/an-indian-crossword-puzzle-constructor-gets-the-us-einstein-visa-heres-all-you-need-to-know-about-the-eb-1/articleshow/96707623.cms">An Indian crossword puzzle constructor gets the US’ Einstein visa – Here’s all you need to know about the EB-1</a>

You Searched For "vacancy in ntpc" and got 6 results

NTPC is hiring experienced engineering professionals with a monthly salary of ₹60,000

Vaamanaa Sethi

NTPC is hiring engineering trainees with a minimum salary of ₹40,000 per month

Vaamanaa Sethi

NTPC is hiring 60 executive trainees with a maximum monthly salary of ₹1,40,000

Vaamanaa Sethi

Over 2.4 crore people apply for 1.4 lakh job vacancies at the Indian Railways

IANS

At least 10 top Indian companies are looking for CEOs — do you have what it takes?

Prerna Sindwani

Leasing by flex space operators hits a new high of 7 million sq.ft in 2022: Colliers

Vaamanaa Sethi