AI TALENT PIPELINE
To ensure steady AI talent pipeline, companies take training to campuses
To bridge the AI skills gap, tech giants like Microsoft and Accenture are partnering with Indian colleges. They're conducting workshops, internships, and mentorship programs to equip students with essential AI skills before graduation, addressing the surging demand for AI professionals.
India's GCC ecosystem set to hit $100 billion by 2030: report
As per the report, 70% of mid-sized corporations view their Indian GCCs as crucial to advancing their strategic innovation agendas. Nealy 90% of domestic GCCs now operate as multi-functional entities, handling technology, operations and product engineering.
Rebrand 'journalism' in the time of AI
India joins global concerns over social media platforms using news content to train AI without compensation. Lawmakers highlight risks of misinformation and bias, urging tech creators to ensure a balance of natural and synthetic content for ethical AI development. The evolving landscape necessitates a shift in social media's business model and redefines journalism's role in delivering trustworthy information.
US MNCs leaned on H-1B visas more in the past eight years
The anti-immigration stance of new US President Donald Trump may not only have a bearing on new H-1B worker visa, but also renewals of existing holders, employability of their spouses H4s, temporary intra-country company transfers L1 and extraordinary talent categories such as researchers EB1.
Fog lifts: IT spending revives on AI, BFSI gets growth and hiring surges
India-centric IT firms saw signs of recovery in the first half of the fiscal year, driven by growing tech spends in North America's BFSI sector, increased hiring, and improved revenue guidance. Experts foresee further tech spending bolstered by Donald Trump's US election win, which may lead to lower business taxes and favor skilled immigration, setting the stage for Indian IT firms to expand and innovate.
GCCs ping class of 2025 to build their tech talent pipeline
GCCs gained popularity in campus placements in the last season ¡ª for the Class of 2024 ¡ª when they stepped in to partially fill the gap left by a sharp drop in IT/ITeS hiring. These companies say they are now seeing many more campuses reach out to them. The main draws: attractive salaries, benefits and career growth.
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India offers stable talent pipeline for global tech: Unisys
Unisys, a multinational technology company, views India as a crucial part of its global supply chain due to its abundant and skilled talent pool. The company has been operating in India for over two decades and has plans to expand its presence further. India contributes significantly to Unisys' research and development efforts, and the company is investing heavily in AI and quantum computing technologies.
Industrial AI will reach next level in India: Roland Busch, global CEO of Siemens
Roland Busch, Global CEO of Siemens, writes India will not only develop its very own artificial intelligence capabilities, it will also export AI services and AI innovation.
Pop an idea into a bio-foundry: A blueprint for revolutionizing biotechnology through AI and automation
India's BioE3 policy is set to revolutionize biotech research with AI-powered bio-foundries. These hubs will speed up experiments and validate ideas quickly. The Biotechnology Industry Research Assistance Council is spearheading this initiative, partnering with the US National Science Foundation. Investments in bio-foundries aim to enhance innovation, skill development, and biomanufacturing in India.
The CEO search challenge: Why finding top executives is taking longer than ever
The search for CEOs and top executives has become more challenging, often taking 9-12 months to fill positions in specialized fields like renewables and semiconductors. Companies are increasingly considering global candidates and expats, leading to delays and higher pay demands. Internal leadership pipelines are being prioritized to mitigate these challenges.
Mahindras form AI division to benefit group businesses
The new AI division will build the right AI solutions for all the group companies, Bhuwan Lodha, the chief of the newly created division said, pointing out that there are possibilities across the sectors like auto, real estate and hospitality in which the group is present.
Nasscom announces cohort of 37 GenAI startups for its foundry programme
On average, startups in the cohort are two years old and have already raised $750,000 from institutional investors, Nasscom said.
Tamil Nadu CM MK Stalin explores investment opportunities in AI with BNY Mellon
Tamil Nadu Chief Minister MK Stalin's visit to the US has resulted in significant investment opportunities. Discussions with BNY Mellon focused on AI investments, while MOUs worth Rs 850 crores were signed with Lincoln Electric, Vishay Precision, and Visteon. Additional agreements include a Rs 2000 crore MoU with Trilliant and engagements with Nike and Optum.
Indian talent at the helm: Global consulting firms tap into Indian leaders to drive innovation and growth
The resurgence of Indian leaders in top positions at major consulting firms reflects their expertise in technology and innovation, driving growth and transformation in the industry.
Making India an AI first nation ¡ª from classrooms to boardrooms
As technology advances, the governance of AI must evolve accordingly. In alignment with the ¡®India AI Mission¡¯ and ¡®Viksit Bharat 2047¡¯, it is essential for the public and private sectors to collaborate in democratising access to AI skills. Empowering communities at the grassroots level with AI fluency can drive innovation on a large scale, ensuring that the benefits of AI are widely accessible and impactful.
Degree apprenticeships can help position aviation industry get talent for sustained growth
Aviation sector facing severe skill gaps with 17% shortage, projected to exceed 25%! Anticipated growth to create 72,900 new jobs by 2035. Pilots, technicians, and AMEs in high demand. India set to dominate air passenger market by 2030. Government initiatives and apprenticeships crucial to bridge employment gap and ensure industry growth!
Indian AI startups funding plunges 91% to $8.2 million in Q2
Indian AI startups see sharp drop in funding in April-June after two consecutive quarters of growth, even as globally this segment defied the funding winter trend. Experts and investors laid out the challenges while also pointing to an optimistic outlook where India could see 100 GenAI unicorns in the next decade.
We are happy with Q1 results but not in a position to say TCS is on a growth path again: CEO
TCS foresees FY25 outperforming FY24, leveraging AI and cost optimization despite market volatility, BFSI challenges, and election impacts. With Q1 achievements, reduced attrition, strategic headcount growth, and strong India business, performance remains robust. Investments in talent, discretionary project validation, and technology adaptation sustain a healthy order book, even amid fewer mega deals and extended decision-making cycles.
To get skilled in AI, companies let employees play in Metaverse
As the landscape of work evolves rapidly with artificial intelligence playing a crucial role, businesses are shifting away from a one-size-fits-all approach to learning. Companies aim to ensure that their employees are well-versed in the emerging technology through a variety of training methods.
Under Pallia¡¯s leadership, we are in for a bright future together: Wipro chairman
Wipro chairman Rishad Premji expresses confidence in new CEO Srini Pallia's leadership, foreseeing a bright future for the IT services company under Pallia's guidance.
To address talent shortage, chipmakers skilling engineering students
Firms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishing labs in institutes like IIT-Bombay, driving industry-academia partnerships to conduct research in core design and AI training and sponsoring students pursuing research.
Midcap IT companies in India poach talent from industry majors
Midcap IT companies in India are attracting more employees from larger rivals in the past two years. This trend is seen in the technology services sector amidst macroeconomic challenges and a focus on hiring deployable talent.
Strategic acquisition of mid-level talent is pivotal for D2C companies to grow in this market
The D2C market in India is experiencing significant growth, driven by a surge in consumer numbers and a diversification of offerings. AI and automation are playing a crucial role in revolutionizing operations, while the impact of the Open Network for Digital Commerce (ONDC) is profound.
As macro climate changes, GenAI will also scale up: Infosys CEO Salil Parekh
In a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing director of Infosys, spoke of his plans to prepare the $18.6 billion software services giant ¡ª through its Topaz platform ¡ª for the GenAI-led transformation that will take root as global macro-economic concerns ease.
AI-focused TCS sees its staffers clocking more learning hours
This comes as TCS doubled its generative AI projects pipeline to $900 mn. Interestingly, senior female employees have been putting in more hours to learn than their male counterparts for the last four years, as per the annual report.
Wipro's Pallia to moderate AI ¡®crowdsourcing¡¯ session with staff
In what might also be considered crowdsourcing of ideas, new CEO Srinivas Pallia will moderate a virtual session for staff on June 12 on ways to develop strategies to help clients in artificial intelligence.
IT companies eye specialised talent in small drives to future-proof business
IT majors such as TCS and Infosys are rolling out programmes to hire junior and mid-level talent with a focus on specific technology skills. In addition, some top IT firms are planning to enter the job market in anticipation of a growth pickup in the second half of the next fiscal year that starts in April.
India Inc looks to build pipeline of female AI talent
As artificial intelligence continues to disrupt businesses, companies like Microsoft, Hexaware Technologies, Accenture, Tech Mahindra, and Capgemini are unleashing several measures to attract more women and tackle their underrepresentation in this fast-growing field. Initiatives to build this pipeline include upskilling, mentorship programmes, gamification challenges, structured internships, as well as stronger campus engagement to build future female AI practitioners.
We need short-term courses to skill 100 million people in fundamentals of AI: CP Gurnani
According to Nasscom, as India currently ranks first in terms of AI skill penetration and AI talent concentration, the AI skill shortage is now being felt across the spectrum.
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