Quess Corp share price gains on job platform deal with NSDC
Under the MoU,Qjobs, a blue-collar platform of Billion Careers Private Limited (BCPL), a wholly-owned subsidiary of Quess Corp Limited, will partner with JobsX of NSDC.
Quess Corp
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The share price of Quess Corp jumped in early trade on December 5 after the company signed a deal with the National Skill Development Corporation (NSDC).
At 9:26am, Quess Corp was quoting Rs 498.25, up Rs 5.60, or 1.14 percent, on the BSE.
The contract aims to enhance the employability of Indian youth by leveraging the vast network of the two parties of training providers and job seekers.
Under the agreement, Qjobs, a blue-collar platform of Billion Careers Private Limited (BCPL), a wholly owned subsidiary of Quess Corp Limited, will partner with JobsX of NSDC.
Quess will integrate its job platform, Qjobs, with NSDC’s JobX platform to facilitate the daily listing of active jobs, providing a broader range of employment opportunities for NSDC’s registered candidates.
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Quess will also offer employability enhancement programmes, including career counseling, employability enhancement courses, and employability tests, to candidates redirected from the NSDC JobX platform. These programmes will assist candidates in refining their skills and developing the competencies required to secure employment in their chosen field, the company said.
In addition to job facilitation, Quess will also closely collaborate with NSDC in conducting industry studies and surveys. These studies will help better comprehend the skill development and employment trends, thereby providing valuable insights to employers and policymakers. It will enable them to align skill development programmes with the dynamic industry needs, thus ensuring a better employment rate, it added.