MAM
Hiring activity sees 8 per cent rise in November in Kolkata, says Naukri.com
KOLKATA: Kolkata has witnessed a 8 per cent increase in the Naukri Job Speak Index for the month of November 2014. The hiring activity witnessed a 13 per cent rise year-on-year in November with all key sectors led by accounting and telecom registering robust growth, says a report.
The Naukri Job Speak Index for the month of November 2014 stood at 1,471, indicating a 13 per cent growth in hiring as compared with the same month a year ago.
A monthly comparison, however, shows a decline of 3.09 per cent in hiring, when compared with October 2014.
“With the economic situation improving gradually, businesses are optimistic and we are hopeful that hiring activity will step up further in the coming months,” said Info edge (India) managing director and CEO Hitesh Oberoi.
Most sectors registered year-on year-growth in the Naukri Job Speak Index in the month of November 2014.
Accounting and telecom were the most bullish sectors followed by banking, ITeS and pharma. Sectors such as retail, insurance and healthcare also witnessed a significant increase in hiring in November.
Fuelled by the growth of the internet sector, the demand for web designing candidates also grew by 30 per cent in the same period. Following very closely were the accounts and finance professionals.
According to city-wise analysis, all metro cities have seen revival in the hiring activity and the maximum growth was registered in Pune and Chennai, followed by Bangalore and Mumbai.
Delhi-NCR and Hyderabad witnessed a 14 per cent growth each in the same period while Kolkata witnessed 8 per cent increase in the Naukri Job Speak Index for the month of November 2014.
The demand for professionals in the HR and administration verticals registered the maximum growth among other prominent functional areas.
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Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
