The churn in Indian labour markets will be led by technology-driven sectors like artificial intelligence and machine learning (38 per cent), followed by data analysts and scientists (33 per cent) and data entry clerks (32 per cent).
We have to really focus on improving productivity: infy, COO
India is well positioned to continue to be the fastest-growing major economy next year, which may mark the lowest global growth since the millennium began barring the pandemic and the global financial crisis, according to Tata Sons chairman N Chandrasekaran. In his New Year message to around 9.35 lakh employees of the Tata Group, he said increasing consumption, consumer confidence and investment will support India's growth story although the global environment has several risk factors, including the energy crisis in Europe, the battle to contain inflation to avoid recession, and ongoing geopolitical conflicts. "Post-pandemic, India opened up, and we have returned to living our daily lives normally, in a year that saw the nation turn 75 years old.
In collaboration with autonomous mobility start-up Ottonomy IO, Snapdeal has successfully tested last-mile delivery using robots in select locations of Delhi-NCR.
The Unique Identification Authority of India (UIDAI) is looking to collaborate with foreign countries and international organisations to build digital identity systems across the world, a top official said on Friday. UIDAI CEO Saurabh Garg during a panel discussion with Paytm founder Vijay Shekhar Sharma at the Infinity Forum said the authority is also exploring emerging technology to enhance security and increase the number of transactions that can be done by using Aadhaar. "We think going forward we will be happy to collaborate with other nations...We would like to collaborate with international organisations also in building international institutions for standards for national identity.
At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.
'AI is not a new thing for us. We started our AI journey in 2015.'
Knowledge of technical skills, creativity, social and emotional intelligence is what recruiters are looking for.
'There cannot be anyone like Air Marshal Keelor -- he was so difficult to emulate.' Air Commodore Nitin Sathe (retd) salutes War Hero Air Marshal Denzil Keelor PVSM, KC, AVSM, VrC who passed into the ages last month.
The new hires will work in cutting-edge domains of artificial intelligence, machine learning, IoT, natural language processing, camera technology and 5G networks.
A computer with NPU can handle a wide range of tasks directly on personal devices without relying on a Cloud service.
Byju's is set to go the way of Housing.com and Zilingo. It is only a matter of time. Indeed, the coup attempted by investors will ensure that, says Debashis Basu.
Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.
Roles ranging from digital marketing to wealth management are some of the emerging roles, notes Sekhar Garisa, CEO, foundit, a job search app.
Congress leader Rahul Gandhi has written to Twitter alleging that the micro-blogging site is working under pressure from the Centre and the growth in his Twitter followers has been suppressed.
Nia builds on Mana, the first AI platform introduced by the software services major last year. It also includes the robotic process automation capabilities of AssistEdge, another Infosys solution.
'...helping the government, citizens, and companies get the balance right.' 'As great as technology is, these are societal questions, not just technical ones.'
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
The ability to make smarter data-driven decisions will be a critical skill that every employer will be looking at in every prospective employee.
'We are training people to learn AI, machine learning, robotics; it is just new programmes that teach them new things and the raw material, the people, are eager to learn.'
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.
Professionals with sharp technical skills and knowledge of emerging markets will continue to be in demand, says Nikhil Barshikar, founder and CEO of Imarticus Learning, a tech learning and training company.
Logistic players have seen a sharp correction at the bourses over the past six months as intense competition from new-age-tech startups, higher freight rates, and weak macros dented listed players' growth outlook. Analysts warn that the emergence of tech-based startups could weigh on organised players' profit-pool, and can potentially erode their market share. Thus, a stock-specific strategy would be prudent at this juncture with focus on companies that are rapidly innovating and investing in technology.
The message is clear: The 60-year-old wise uncles need to handhold the 40-year-old entrepreneurs when, obsessed with ambition and greed for growth, they become a victim of hubris, points out Tamal Bandyopadhyay.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
US firms are seeking Indian engineers to work on technologies similar to their global counterparts
Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.
Many employers now use ATS (Application Tracking System) to sort out the hundreds of resumes they receive daily. ATS examines resume based on keywords and is automatically rejected if the software does not find them, reveals Vidur Gupta, co-founder and director, Spectrum Talent Management.
Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...
Or has the world seen things like this before, asks Ajit Balakrishnan.
N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity. "The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act," he said, while answering shareholders at TCS' 27th annual general meeting. Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act - a renewed policy for the digital ecosystem and cyberspace in the country.
'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'
India needs to examine some way in which, assuming that there is either no vaccine or a delay in administering it to everyone, voting can be made safer, notes Aakar Patel.
If your annual family income in less than Rs 2.4 lakhs, you can avail of these courses free of cost on a special scholarship.
The Delhi Commission for Women (DCW) has issued summonses to Twitter and the city police over the alleged availability of child pornography videos on the microblogging website.
The information technology (IT) services industry could see value investors taking selective punts in the near future. While growth remains visible, managements across the board have been cautious or measured in their guidance and have also complained about a combination of margin pressures and high churn. The two factors are related in that employee compensation is a large component of IT costs and high churn has forced firms to hike compensation packages and also invest more in hiring, training, and retention.
India is investing in developing indigenous capabilities in 5G and 6G telecom technologies besides focusing on manufacturing semi-conductors, Prime Minister Narendra Modi said on Thursday. In a virtual address at the Sydney Dialogue, the prime minister said the "greatest product" of technology today is data and that India has created a robust framework of data protection, privacy and security. "And, at the same time, we use data as a source of empowerment of people. India has unmatched experience in doing this in a democratic framework with strong guarantees of individual rights," he said.
Ajit Balakrishnan on the emerging crisis in the tech world.
While companies claim to have taken steps including adding additional manpower, using artificial intelligence and machine learning, to counter spread of fake news, the government has found these measures unsatisfactory.
Indian-American Pichai was awarded the Padma Bhushan for 2022 in the Trade and Industry category.
