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Kunal Kambli
16 May 2024, 11:49

With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report

With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report

With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report

After facing substantial job cuts during the COVID-19 pandemic, hotel operators are now actively recruiting thousands of employees to support their ambitious expansion strategies and address vacancies created by high attrition rates. Per estimates, approximately 200,000 jobs will be generated in the hotel, restaurant and tourism sectors within the next 12 to 18 months, of which half the positions will be within the hotel industry.

Woman loses ₹54 lakh in work-from-home scam! Here's what it is and how to protect yourself
Sourabh Jain
16 May 2024, 11:00

Woman loses ₹54 lakh in work-from-home scam! Here's what it is and how to protect yourself

Job hunting is something that most of us do online, be it on social media or various online job portals. Amid rising online fraud, hunting for a job also involves myriad risks as scammers lurk around every corner of our digital world. According to a report by PTI, a 37-year-old woman from Airoli in Navi Mumbai was a victim of online fraud, wherein ₹54 lakh was stolen from her. Based on a complaint from the victim, the police have arrested four unidentified individuals.

DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
Ankush Banerjee
15 May 2024, 17:57

DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever

The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly using information on existing home loan borrowers of DHFL. Not only were these accounts used to borrow loans aggregating upwards of Rs 14,000 crores, but they were then leveraged against the Pradhan Mantri Awas Yojana — a scheme to ensure housing for poorer sections — to help DHFL illegally avail Rs 1,880 crores in interest subsidy from the Government.