Voluntary attrition rose to 15 per cent from 14.2 per cent a year earlier
It remains to be seen how this hiring will pan out, which will largely depend on project ramp-ups and more deal inflows. Any further deterioration may force the companies to proceed with caution
India recorded the world's highest Y-o-Y growth in AI hiring and became the second-largest contributor to AI-related GitHub projects in 2024, but still lags behind in private investments
The appointment is for a term of five years, commencing from May 1, 2025, to April 30, 2030
Tredence, which is backed by Advent International and Chicago Pacific Founders, has raised $205 million since its inception in 2013
More than 80 per cent of companies use AI somewhere in hiring, and one in four use it for the entire recruitment process
India's second-largest IT services company assessed these engineers on March 18, after indefinitely postponing the assessment last month
The company has recruited about 2,500 people in the last 12 months in India
Kester Scrope, Global CEO of Odgers Berndtson, shares leadership insights, hiring trends, and tips for Indian professionals in top multinational roles. A must-watch for aspiring leaders!
The EPFO data is considered crucial as it reflects the state of the formal labour market. Only the formal workforce enjoys social security benefits and is protected by labour laws
While qcom has emerged as a viable alternative, the overall investments and count of players in the segment will go up
He spoke about investments from China, India's potential to develop cost-effective artificial intelligence solutions, and the role of India Inc in driving demand
Bullish on growth opportunities, contract manufacturer Aequs is set to strengthen its aerospace manufacturing capabilities, expand consumer segment footprint as well as set up an MRO this year. The company will also ramp up manpower by around 1,000 people in the financial year ending March 2026, according to its Chairman and CEO Aravind Melligeri. Aequs -- which provides vertically integrated product solutions for the aerospace and consumer goods industries, including high precision electronics components -- currently has around USD 120 million annual revenues. Airbus, Boeing, Collins and Safran are among the aerospace customers of Aequs, which also has facilities in France and the US. Elaborating on the future plans, Melligeri mentioned about expanding into the precision consumer electronics space and setting up the Maintenance, Repair and Overhaul (MRO) jointly with Canada's Magellan Aerospace Corporation in 2025. Initially, the facility will start with works for turboprop ...
India's hiring activity rose 31 per cent in December, driven by consumer electronics, manufacturing, and construction and engineering sectors, a report said on Wednesday. According to foundit insights tracker (fit), the country's hiring activity rose 12 per cent over the past six months, with a 31 per cent year-on-year increase in recruitment in December. The fit is a comprehensive monthly report analysing online job posting activity conducted by foundit.in. The report further said the growth in hiring is reflected across sectors, led by consumer electronics, manufacturing, and construction and engineering leading the charge with 60 per cent, 57 per cent, and 57 per cent YoY, respectively. Meanwhile, AI jobs in India surged 42 per cent over the past two years reaching 2,53,000 positions. Top skills include Python, AI/ML, data science, deep learning, SQL and software development. Additionally, expertise in specialised AI frameworks such as TensorFlow (15 per cent) and PyTorch (16 p
The partnership aims to address hiring challenges and create job opportunities for young individuals while strengthening the startup ecosystem
"The increase in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce"
Majority banking leaders across the world say they would be willing to reward employees who made effort to return to office
The NCLT currently operates with 43 members out of its authorised strength of 63. Legal experts believe that if the NCLT had been at full capacity, Jet Airways might have had a chance at revival
AI is changing the hiring game! In this episode of Manager’s Mantra, we explore how AI-driven conversational tools are revolutionising recruitment processes. learn how AI can impact your job interview
The newly implemented regulations aim to incentivise companies to hire Canadians before resorting to foreign talent