What is the reason behind this drying up of talent for the top post in private banks?
'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'
ISRO Chairman G Madhavan Nair acknowledged that with the booming IT sector absorbing young engineers with fat pay packets, other fields are facing the brunt.
HR firm Hewitt Associates, however, estimates average salaries in India rose 15.2 across sectors for 2008-09 in line with the increases last year (15.1 per cent) and better than the year before (14.4 per cent) despite slowdown in many sectors. At 15.5 per cent, salaries of people in junior management (up to seven years) rose the fastest, followed by middle management (seven to 12 years) at 15.2 per cent, senior management (12 years+) at 14.5 per cent.
With the government issuing 120 more licences to over 10 players that are expected to roll out their networks soon, telecom companies fear a major talent crunch over the next 12 to 18 months. Telecom HRD analysts said attrition rates across levels is expected to go up to 25 per cent from 18 to 20 per cent. Companies expect salaries to jump 15 to 40 per cent, depending on the level, as the great hunt for new recruits takes off.
According to a global Talent Shortage Survey, Indian employers are finding it difficult to fill in positions in IT, accounting and administrative assistance.
Gujarat Titans assistant coach Parthiv Patel addresses concerns about the team's middle order, expressing confidence in their ability to perform in crucial situations. He also praises young pacer Ashok Sharma and acknowledges the threat posed by Mumbai Indians despite their recent losses.
Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines.
India is experiencing a strange dichotomy of not having sufficient jobs on the one hand and not enough skilled workers on the other - making labour force the biggest challenge for the country
Abundantly talented but more significantly, incredibly cool in crunch situations, that's how India's 88th Grandmaster and World Cup winner Divya Deshmukh was described by her formative coach Srinath Narayanan, who feels the 19-year-old chess wizard's composure is comparable only to cricket great Mahendra Singh Dhoni.
This single amendment, unfortunately, overshadows much of the Budget's promise, explains Harsh Roongta.
Hikes will be up to 15 per cent.
Tough road for defending champion Keys
Defending champions India have unveiled a well-rounded 15-member squad for the upcoming ICC Men's T20 World Cup
Galloping growth triggered mass hiring and salarys levels soared in its wake.
Majority says that candidates lack technical skills they seek.
Dharmendra's demise means the loss of one of the biggest icons ever in the Hindi film firmament.
For spin great Neetu David it was a culmination of a lifelong dream -- to see the India women's team finally end their wait for a World title.
Former wicketkeeper Vijay Dahiya feels Shreyas Iyer was unlucky to be left out of India's Asia Cup squad but said some players will always miss out due to the depth of talent in the country.
Where Half CA 2 scores is in making the audiences care for the characters to the extent that one holds their breath when the results are declared, Deepa Gahlot notes.
In the next 18 months, India will play several marquee events including the Border-Gavaskar Trophy Test series against Australia in November, next year's ICC Champions Trophy and a possible appearance in the World Test Championship Final in June.
Unlike the TVF shows that manage to mine humour and nostalgia for family bonds that are seen to be fraying in real life, the ordinariness of Bakaiti becomes its stumbling block, observes Deepa Gahlot.
With over 500 runs, six crucial catches, the most by an Indian on the tour, Rahul led by example and lived up to his wiseman tag.
The retirement of Ravichandran Ashwin has opened the door for other spin all-rounders to step up, and Vidyut is confident that Washington Sundar could be the one to watch.
Punjab Kings (PBKS) assistant coach Brad Haddin has little doubt that the fighting win over Kolkata Knight Riders (KKR) has instilled a lot of confidence in players but said they should strive to get better as this season's IPL is nearing its half-way stage.
Employee costs for Indian IT services players have touched an all-time high as salaries soar in their effort to retain talent. Engineer salaries are going through the roof. According to a news report, Infosys, which reported a 27.7 per cent attrition rate for the fourth quarter of FY22, plans to have an average salary hike of 12-13 per cent. High potential employees will get increases of 22-23 per cent.
The ICC Champions Trophy is set to kick off in Pakistan, marking the country's first ICC event since the 1996 World Cup.
If you're doing the work, if you're delivering results and contributing to the success of your team or organisation, you deserve to be compensated equitably, says Sonica Aron, founder of HR consultancy firm Marching Sheep.
Greg Chappell hails Harry Brook, compares him to Sachin Tendulkar in an ode to England's bright future
Australia will be without their premier pacers but their envious pedigree in ICC tournaments make them favourites to progress to the semi-finals of the Champions Trophy from Group B.
Disgruntled executives are already pinning hopes on the new banks, too.
Indian Grandmaster Arjun Erigaisi has a word of advice for World Championship contender D Gukesh ahead of his clash against China's Ding Liren -- just focus on your preparation and don't count yourself as a "huge favourite" going into the title showdown.
The high profile movement has, in fact, put in focus a growing talent crunch in the industry at the top management levels, especially with new companies and newer technology companies entering the fray.
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
India's Business Process Outsourcing (BPO) sector is facing stiff competition from the likes of Mexico, Malaysia, Philippines, China, Canada and Ireland that are posing a grave threat to the growth of India's BPO sector, said the Associated Chamber of Commerce and Industry of India.
Shivam Dube says he relishes finishing the crunch games -- an art he learnt by following Mahendra Singh Dhoni.
When he received his maiden call-up to India's T20I squad for the tour of Zimbabwe, 21-year-old Andhra all-rounder Nitish Reddy felt he has achieved only 50 percent of his goal to make his "Nanna" proud.
Like the billionaire investor Rakesh Jhunjhunwala, Gautam Gambhir, the tenacious former opener-turned-coach, also seems to be governed by instincts while picking unheralded players and turning them into match-winners, points out Vishal Menon.
The US slowdown coupled with rupee appreciation, talent crunch and rising salaries, and the 2010 sunset clause on tax holiday for IT firms, is putting knowledge process outsourcing firms in a bind.
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