Jobs In It Sector

IT sector to witness 15-20% growth in job opportunities in 2025: Report

The IT sector, which is on the path of recovery, is expected to witness 15-20 per cent growth in job opportunities across various industries in 2025, talent solutions company NLB Services said on Monday. The IT industry has gained back momentum in H2 2024 and is gearing up for a promising 2025 on multiple fronts, said NLB Services. In the coming year, fresher hiring in the Indian IT sector is poised for significant growth, with an anticipated increase of 15-20 per cent in job opportunities across various industries, it added. At the same time, the demand for highly specialised tech roles, including artificial intelligence, machine learning (ML), data analytics, and cloud technologies, is expected to surge by 30-35 per cent, driven by the increasing reliance on emerging technologies, it said. This surge in demand is not limited to hiring but extends to a strategic focus on tech upskilling, with companies investing heavily in training initiatives to equip their workforce with the ...

White collar hiring rises by 2% in Nov driven by non-IT sector: Report

White-collar hiring activity reported a modest 2 per cent growth in November compared to the same month last year, mainly driven by sectors including oil and gas, artificial intelligence-machine learning (AI/ML), FMCG among others, a report said on Tuesday. Naukri JobSpeak Index, an indicator of white-collar hiring activity, reported modest trends in November, coming in at 2,430 points, reporting a 2 per cent year-on-year growth. This positive trend is driven by strong growths in key non-IT sectors like Oil and Gas (16 per cent), Pharma/Biotech (7 per cent), FMCG (7 per cent), and Real Estate (10 per cent), alongside sustained momentum in emerging domains like AI-ML (30 per cent) and global capability centres (11 per cent), the report said. The IT sector continues to hold steady, registering a flattish trend compared with last year. In November, standout performers included Oil and Gas (14 per cent), Artificial Intelligence-Machine Learning (20 per cent), FMCG (6 per cent) and GCCs

Explained: Rs 6.5 cr prize challenge to create digital jobs for 1 mn women

Two Bengaluru -based companies, The Nudge Institute and Mphasis, have announced a 'Digital Naukri Challenge,' on Monday to create digital work opportunities for 1 million women by 2030.

'AI could replace CEOs': Shankar Sharma cautions IT sector to face reality

While the ace investor acknowledged that AI is still in its nascent stage, it is here like a 'foreign hand' conspiracy theory that has plans to 'snatch food away' from Indian youth's table

AP emerging as hub for startups, manufacturing, soon to have AI University

Andhra Pradesh offers a highly favorable environment for investments with investor-friendly policies, an extensive coastline, and well-developed road, water, and air connectivity, making it an ideal time for new industries to set up operations, according to Minister for Education, IT, and Electronics, Nara Lokesh. Minister Lokesh met with representatives of the US-India Business Council and Indiaspora. Speaking on the occasion, Lokesh emphasized that under the leadership of Chief Minister Chandrababu Naidu, Andhra Pradesh is rapidly progressing towards development. The state is set to become a hub for startups and manufacturing in the coming days, he said, adding an ecosystem conducive to industry growth is being developed, and the Economic Development Board has been revitalized to streamline approvals without delay. "As part of decentralized development, we have decided to promote the automobile sector in Anantapur, renewable energy in Kurnool, IT, pharmaceuticals, and medical ...

Infosys boosts headcount by 2,456 in Q2, reversing earlier staff cuts

Infosys CFO said that the company intended to hire 15,000 to 20,000 employees in FY25

Recovering IT sector leads job market to clock 6% growth in Sep: Report

White-collar hiring activity witnessed a 6 per cent growth in September compared to the same month last year, mainly driven by a recovering IT sector, a report said on Thursday. The Naukri JobSpeak Index reached 2,727 points in September, marking a 6 per cent year-on-year (YoY) growth, it said. This positive trend was largely driven by a resurgent IT sector, which demonstrated 18 per cent YoY growth in hiring activity. Non-traditional IT hubs showed significant growth, potentially indicating a geographical diversification trend. Jaipur led the pack with a 47 per cent YoY increase in IT roles, followed by Kolkata at 32 per cent, the report said. The IT sector also saw a 35 per cent YoY growth in hiring for professionals with over 16 years of experience. Unicorns and foreign MNCs were key drivers of this growth, with 16 per cent and 14 per cent YoY increases, respectively, it added. Sectors such as FMCG (23 per cent) and oil and gas (13 per cent) also exhibited strong growth, said

Nvidia CEO Jensen Huang's experience as 'dishwasher' goes viral on LinkedIn

Jensen Huang founded Nvidia, the world's leading AI chipmaker in 1993. Before that, he worked as a dishwasher and waiter at an eatery called Denny's from 1978 to 1983

Nifty IT soars 2% amid positive US job data, rebound in global markets

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

Wipro, Coforge among firms with highest paid IT CEOs in FY24: Check list

Coforge CEO Sudhir Singh's annual remuneration in FY24 stood at Rs 105.12 crore, positioning him at the second spot after Wipro's former CEO Thierry Delaporte

US jobs data fallout: Recession fears add to IT services sector concerns

Market sources and media reports concur that today's global sell-off may trigger an early rate cut by the US Federal Reserve

AI, agro-processing, gig economy with most job potential: Economic Survey

Economic Survey 2023-24: The gig workforce is expected to expand to 23.5 million by 2029-30, forming 6.7% of the non-agricultural workforce, and 4.1% of India's total workforce

White-collar hiring remains muted in June; AI, FMCG show strong growth

The overall Naukri.com hiring index was dragged down by the decline in jobs in Global Capability Centers (GCCs) with a 7 per cent year-on-year decline, BPO by 9 per cent, and Education by 9 per cent

AI to usher in era of technological prowess: Tech Mahindra Chairman

IT firm to follow 'three-pronged' strategy for revenue and profitability predictability, says Mohit Joshi

Tier-2 firms absorbed 8k professionals from Tier-1 players in past 2 years

Tier-2 companies added nearly 100 senior executives from Tier-1 firms over the past couple of years in a range of roles including presidents and vice-presidents

IT job market rebounding? Tech firms viewing more CVs now, says Info Edge

This upturn in IT job postings is seen as a positive development for the $250 billion sector, which recently experienced a significant decline in headcount

Global IT spend bottoming out

Near-term outlook muted; medium-term offers hope

TCS expands presence in Brazil with new delivery centre in Londrina

Tata Consultancy Services employs around 1,700 professionals in Londrina and will be generating more than 1,600 new jobs through this centre

Indian tech earnings may indicate worst is over for showpiece sector

Executives from TCS and Infosys told investors after third-quarter earnings that the market had stabilized and clients were spending on AI-driven projects and software services

31% of women in tech considering quitting their jobs, shows survey

Poor management, lack of training and want for better compensation are the main reasons they want to leave their organisations