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German company Deutsche Borse would open its Global Capability Centre (GCC) in Hyderabad, the Telangana government said on Tuesday. A delegation led by German Consul General in Chennai Michael Hasper met Telangana Chief Minister A Revanth Reddy and the German team briefed him about the GCC which is being established as part of the Borse company's expansion, a release from the government said. The new facility will provide at least 1,000 job opportunities in the IT sector in the GCC in the next two years, it said. Thanking the German company for choosing Hyderabad to set up the GCC, the chief minister said Hyderabad is the best destination for investments and that the state government would extend full support to global investors. Reddy urged German companies to invest in IT, Pharma and Automobile sectors in the state. The CM reaffirmed that Telangana is ready to strengthen ties with Germany for more investments, the release added. The chief minister also appealed to the German tea
Union minister Nitin Gadkari on Saturday set the target of creating five lakh jobs in the Vidarbha region of Maharashtra in the next five years before a local industry body. He said although the target was challenging, it was achievable. Gadkari was addressing a gathering at the launch of 'Nagpur Skill Centre', a skill development initiative of the Association for Industrial Development (AID) in collaboration with Nagpur Municipal Corporation, Tata STRIVE - a skill development Initiative of Tata Trusts, and Vidarbha Global Foundation. "We have set the target of creating five lakh jobs in the next five years. Five thousand youths from every assembly constituency in Vidarbha will get skill training at the Nagpur Skill Centre," said Gadkari, who is the mentor of AID. "Although the target of skill training and creating five lakh jobs in five years is huge, it is achievable," the Minister for Road Transport and Highways said. He gave the examples of various projects that provided jobs
The 66th meeting of the State High-Level Clearance Committee chaired by Chief Minister Siddaramaiah here on Friday approved 13 investment proposals with a total investment of Rs 27,607.26 crore, officials said. The projects are expected to generate 8,704 direct jobs, they added. Large and Medium Industries Minister M B Patil said the approvals include 11 new investment proposals and two additional ones. While the new proposals involve an investment of Rs 27,228.51 crore, the expansion account for Rs 378.75 crore, he said in an official statement. According to the statement, the new investment proposals include: Vayu Assets Private Limited: Rs 1,251 crore (1,912 jobs); Tejas Networks Limited: Rs 542.19 crore (1,312 jobs); Reliance Consumer Products Limited: Rs 1,622 crore (1,200 jobs); JSW JFE Electrical Steel Private Limited: Rs 7,102 crore (900 jobs); HSS Textile Private Limited: Rs 740 crore (800 jobs); SFX India Mfg Private Limited: Rs 9,298 crore (806 jobs). The additional ...
India's Global Capability Centres witnessed a sequential hiring growth of 5-7 per cent during the July-September quarter, with most demand stemming from AI and data, platform engineering, cloud and FinOps and cybersecurity roles, says a report. According to the Quess Corp's India's GCC Tech Talent Landscape: Q2 FY26 report, sectors like BFSI, Manufacturing, Automotive, Energy, Technology and Hardware have become the main pillars of GCC growth. "India's GCC evolution is entering its most strategic phase yet, one defined by precision, not proliferation. The second quarter reflected a measured 5-7 per cent quarter-on-quarter hiring growth, highlighting a shift from scale to capability-led maturity, with AI, FinOps, and platform reliability emerging as core priorities," Quess Corp CEO - IT Staffing Kapil Joshi said. Hiring budgets are now focused around revenue-critical and resilience-focused functions, creating steady demand for platform engineering, data management, and FinOps roles .
The Calcutta High Court on Friday granted bail to former West Bengal minister Partha Chatterjee in connection with the teacher recruitment irregularities case under investigation of the CBI. Chatterjee, the prime accused in the cash-for-jobs scam in Bengal's state-run schools, which perceptively runs into several thousand crores and has rocked state politics for the past several years, was granted bail in a case on irregularities in primary school recruitment, the charge sheet on which was filed by the CBI on December 27 last year. The former minister has been behind bars for over three years now, and has already been granted bail in the other cases slapped on him by the central investigating agencies the ED and CBI. The latest bail order makes him eligible to walk out of jail once the formalities of furnishing bail bonds are over. Lawyers, however, expressed doubts on whether the former minister would be set free ahead of the Durga Puja festival, and opined that in the wake of a .
India on Friday cautioned its nationals seeking employment in Iran to exercise "strictest vigilance" in view of recent cases of fake job offers. The Ministry of External Affairs (MEA) said there have been a number of recent cases of Indian citizens being lured to travel to Iran on false promises of employment or with assurances that they would be sent further to third countries for jobs. "Upon reaching Iran, these Indian nationals have been kidnapped by criminal gangs and ransoms have been demanded from their families for securing their release," it said. "In this context, all Indian citizens are strongly cautioned to exercise the strictest vigilance regarding such employment promises or offers," the MEA said. "In particular, it may be noted that the government of Iran allows visa-free entry to Indians only for tourism purposes. Any agents promising visa-free entry into Iran for employment or other purposes may well be in connivance with criminal gangs," it added. Indian citizens
US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump's economic policies. The Labour Department said Friday that hiring decelerated from 79,000 in July. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labour Department said. When the department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her. Talking to reporters Thursday night at a dinner with wealthy tech executives, Trump had seemed to shrug off whatever hiring numbers would come out Friday. The real numbers that I'm talking about are going to be whatever it is, but will be in a year from now, the president said. The US job market has lost momentum this year, partly because of the lingering effects of 11 interest rate hikes by the inflation fight
Employment in industries increased by 5.92 per cent to 1.95 crore in 2023-24 from 1.84 crore in 2022-23, according to the latest Annual Survey of Industries (ASI) released on Wednesday. The Ministry of Statistics and Programme Implementation (MoSPI) has released the results of the Annual Survey of Industries (ASI) for the reference period -- April 2023 to March 2024 -- (i.e. financial year 2023-24) referred to as ASI 2023-24 in a press note. The field work for this survey was carried out from October 2024 to June 2025 for ASI 2023-24. The invested capital in the industries rose to Rs 68,01,329 crore in 2023-24 from Rs 61,39,212 crore in 2022-23, as per the report for 2023-24. The data also showed that the Gross Value Added in the industries increased by 11.9 per cent to Rs 24,58,336 crore in the fiscal under review from Rs 21,97,056 crore in the preceding fiscal. The GVA is defined as the additional value created by the process of production. This is calculated by deducting the va