'Whoever owns the best chip industry will be the Saudi Arabia of the era of data,' predicts Rajeev Srinivasan.
Applications for H-1B visas totalled a record 233,000 for fiscal 2016, according to figures released recently.
Billionaire Jeff Bezos, who founded Amazon as an online bookseller nearly three decades ago, will step down as the CEO of the $1.7 trillion global retail giant in the third quarter of 2021 with Andy Jassy being named his successor.
India has once again emerged as the most optimistic nation in terms of hiring plans for the next three months and the recruitment pace is expected to return to the pre-recession level in the new year, global staffing services firm Manpower says.
This upgrade will allow air operations by military and civil aircraft even in poor visibility and adverse weather conditions.
The retrenchments at the company promoted by Mumbai BJP chief Mangal Prabhat Lodha come at a time when the economic growth has dipped to a six-year low of 5 per cent, which has led many to fear if the spectre of job losses across sectors awaits next.
Sales of Apple's smartphones in China have suffered a setback.
Rs 1,000 crore for promotion of start ups.
Education, jobs, health and more: Experts share their wishlist.
HR Guru Mayank Rautela offers practical advice.
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
The US government should not only look at salary, but also focus on skills while making immigration reforms
Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
iGATE Global Solutions, an integrated technology and operations firm with a global services delivery model, said the company would add 800-1,000 people at its development centres this year.
IT industry body Nasscom said it is quite hopeful the final contour of the bill would be much more balanced than it is at present.
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
Many believe that marketing budgets could be a hurdle.
The rupee had rebounded 15 paise to close at two-week high of 61.77 against the dollar at the Interbank Foreign Exchange on Friday.
The announcement evoked a sharp response from the UK and Ireland's largest trade union, Unite, which said it would fight for every job and demanded that there would be no compulsory redundancies from Tata Steel.
More than 600,000 Indians, many employed in the gems and jewellery sector, lost jobs in just four months from October 2008 as the impact of the global economic crisis hit the country's shores.
Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.
A degree may help you start your career, but it is only skills that will build your career.
International companies usually store data on global servers and the requirement to store data locally would require them to make an additional investment. But policymakers in India believe storing data locally would help monitor and conduct investigations if the need arises.
Welcoming the latest round of stimulus announced by Finance Minister Nirmala Sitharaman on Thursday, experts said the measures will support the economic recovery boosting demand, job creation and by providing funds to the MSME and stressed sectors. The fiscal impact of the stimulus is likely to be around 0.25-0.6 per cent of GDP in the current fiscal, they said.
The Supreme Court on Thursday allowed the prosecution of Som Mittal, chief of National Association of Software and Service Companies in the Pratibha Murthy murder case.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
The economic costs now beginning to show up in the hard numbers are far worse than initial expectations.
In the midst of massive layoffs being announced by various corporate houses hit by a global economic slowdown, Anil Ambani group on Friday said it is not planning any job reduction and is rather planning to create up to 90,000 employment opportunities in the next few months.
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
Given the potential for growth, IT major, Tata Consultancy Services, is looking at hiring 8,300 trainees and around 3,000 laterals or experienced persons in Q4 FY10, a senior company official said.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
"I am of the view that resigning from the board now is like deserting a troubled ship. We should remember Satyam is a major player in global IT space, employing well over 50,000 of the best and the brightest of professionals, with vendor commitments to several global corporates and entities," said Satyam's independent director T R Prasad.
Most of the 250 freshers Infosys hired from US campuses last year would be deployed in sales
'We have the geographic advantage, demographic advantage, we have the necessary technical skills.' 'We just have to get all of these together. Then, we can very well compete.'
'Businessmen like Rajiv render public service when they speak truth to power,' observes Virendra Kapoor.
The panel noted that the macro-economic fundamentals of the economy are sound but challenges remain, several of which are structural in nature.
