TECHNOLOGY INTERNSHIPS
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.
Patriarchy did not stop Indira Gandhi from becoming PM: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman engaged with students at CMS Business School, addressing women's empowerment and government initiatives for innovation. She argued against the notion of patriarchy hindering women's progress, citing Indira Gandhi's prime ministership as evidence. Sitharaman highlighted the government's support for MSMEs and digital banking transformation, emphasizing the growth of startups and unicorns in India.
IIM Calcutta students bag average monthly stipend of Rs 1.89 lakh per annum in summer placement
Students from IIM Calcutta received an average monthly stipend of Rs 1.89 lakh during summer placements. The placements saw a record median stipend of Rs 2 lakh per month. The highest domestic stipend was Rs 3.67 lakh per month. IIM Calcutta secured 100% placements for its latest MBA batch with 564 offers from 175 recruiters.
Govt creating system that gives opportunity to every youngster: PM Modi
Prime Minister Narendra Modi highlighted his government's initiatives to create youth opportunities through new technologies and modern sectors, like space and semiconductors. Over 51,000 people received government job appointment letters. He cited infrastructure projects and the Production-linked Incentives (PLI) scheme to boost domestic manufacturing and create employment. India has agreements with 21 countries to facilitate youth employment.
Over 130 companies to offer internship to 50,000 candidates
With over 130 companies involved, the PM Internship scheme offers about 50,000 internship opportunities across 22 sectors, targeting economically weaker youths. The scheme, which sees a significant rise from earlier offers, provides a monthly allowance and one-time aid, starting internships by December 2.
Beyond the Ivy League: Building a 21st Century career without the pressure
The fierce competition for Ivy League admissions causes stress and financial strain. In today's job market, skills, real-world experience, and personal growth outweigh prestigious degrees. Parents should focus on holistic development and alternative pathways to help children build meaningful, successful careers without Ivy League pressure.
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PM internship scheme will focus on economically weaker sections
The PM internship scheme targets youths from households earning under ?8 lakh annually, offering 125,000 internships starting December. Selected candidates will receive a monthly ?5,000 allowance and training. Companies like Alembic Pharmaceuticals and Mahindra & Mahindra are participating, with government and corporate funds covering costs.
Panel on cards to resolve internship scheme disputes
The Ministry of Corporate Affairs is establishing a panel to resolve disputes related to the 'PM Internship Scheme', which aims to provide internships to youths across 500 top companies. A portal for applications will open by October 15, offering allowances and training cost-sharing between the government and companies.
Tech Mahindra inks pact with University of Auckland to boost innovation in AI, ML
The collaboration will introduce Generative AI and its benefits to indigenous communities and offer internships at Tech Mahindra, providing potential candidates with the opportunity to learn AI, ML, and other emerging technologies, the statement said.
Earnings boost from AI, ML; public Wi-Fi scheme stalled
Familiarity with emerging technologies such as AI and ML has boosted the earnings of B.Tech graduates. This and more in today¡¯s ETtech Top 5.
Creating jobs: The missing link in govt¡¯s skilling plan
India needs skilling and employment, and a recent internship programme for big companies aims to deliver on that front. But experts ask why MSMEs, which can hire at a large scale, are being overlooked when they need talent more than others.
Karnataka wants to create 4-5 more Bengalurus: state IT minister
In a recent post on microblogging portal X, Kharge said Karnataka is the fourth largest technology cluster in the world and the leader in the country in many verticals. The southern state has over one-third of India¡¯s tech talent and close to 25,000 startups, 52 unicorns (startups with valuation of $1 billion or more) and 47 soon to be unicorns.
Extended internships are the order of the day at IT companies amid cautious hiring
It¡¯s a new trend that has emerged this year, said KS Shridhar, dean ¨C placement and training, at Bengaluru-based PES University. It¡¯s not just longer internships. There is also a reduction in the pay packages on offer, according to a placement officer at National Institute of Engineering in Mysuru.
Zerodha¡¯s wealth management plans; IT firms extend fresher internships
Happy Thursday! Zerodha is deeply integrating its trading and mutual fund distribution businesses. This and more in today¡¯s ETtech Morning Dispatch.
Revolutionising Combat: How cutting-edge AI is building the brain of future weapons systems
Technological advancements are fundamentally transforming modern warfare, with robotics, autonomous systems, and AI leading the charge. Priyanka Singhal, CEO of Ammunic Systems, offers insights into these innovations, emphasising their role in enhancing precision and efficiency while addressing ethical considerations. From advanced munitions to unmanned systems, these developments are setting the stage for a new era of defence, where tech superiority plays a critical role.
Part-time work and internship opportunities for international students in Ireland and how they help
Ireland has become a leading destination for students due to its global rankings and affordable living. Opportunities for part-time work and internships play a significant role in student development. These experiences provide essential skills, boost employability, and contribute to workforce diversity. Institutions and regulatory bodies ensure fair conditions for international students.
Rs 1.20 crore package: NIT Rourkela students receive over 1,300 job offers
NIT Rourkela's class of 2024 achieved an average salary of Rs 12.89 lakh annually, with B Tech students averaging Rs 14.05 lakh. The campus saw participation from 342 companies, and 53 students received offers exceeding Rs 30 lakh. Core sector jobs were predominant, covering more than 50% of placements.
Cummins India launches IT global competency centre in Pune
Cummins' GCC in Balewadi, Pune, uses AI, ML, and RPA, with 55% women to promote gender diversity. The staff includes engineers, product owners, and tech leads. Vishwanathan and Newsome highlight its role in IT transformation and collaboration. Internships are available for veterans, special needs individuals, and women returning from maternity leave, located at Cummins' India office campus.
NIT Mizoram achieves impressive placement record for 2023-2024 academic session with 86.7% overall placement
NIT Mizoram posted an 86.7% placement rate for 2023-2024, with the highest salary package at 14.5 LPA and an average over 7 LPA. Over 75 companies, including Adobe, Deloitte, Vedanta, and Mahindra & Mahindra, recruited students. Among the students, Shristi Sharma and Nishant Nitin Mishra, who secured four job offers, praised the Training and Placement Office. Internships, part of the curriculum, involved 100% student participation with organizations like SAIL, Indian Railways, and Google, offering stipends between ?5,000 to ?20,000 per month.
Change your job search strategy to deal with age bias; how to search jobs aligned with age
For better or worse, there are tons of younger job seekers competing for fewer jobs than before, and willing to work longer hours for a lower title and salary. How can you optimise your job strategy based on the challenges for your age bracket?
IIIT Delhi places 86% of students at average salary of Rs 20.46 lakh per annum
86% of IIIT-Delhi's Class of 2024 secure job offers with highest domestic offer at Rs 49 lakh per annum. Highest international offer at $114,000. 113 companies participate, including regular top-tier recruiters, mid-segment firms, and startups. Average salary is Rs 20.46 lpa.
DBS Bank India rolls out initiative to support women re-entering the workplace
The organisation has developed a six-month internship programme wherein shortlisted returnees will engage in projects and receive guidance from industry leaders within a supportive environment to enable a smoother transition back to work. The programme involves hands-on experience as well.
Indian students fail to land internships in US amid hire-local push
Indian students in the US, including those from Ivy League universities, face internship challenges amid job slowdown. Competition intensifies with scarcity of entry-level job opportunities, impacting job market competitiveness.
Want to change career path? Use pivot internships to test the waters
Pivot internships offer a low-risk path for career changes, bridging industries through transferable skills. Despite challenges like pay cuts and self-doubt, successful transitions are achievable with dedication and skill leverage.
Biggies like Google, Amazon & Microsoft paying undergrads Rs 1 lakh stipends for internships
At IIT Mandi, 27 students have received Rs 1-lakh-or-more stipends this year. In Bengaluru, RV College of Engineering has seen 39 students earning over Rs 1 lakh in monthly stipends compared to 8 last year. Vellore Institute of Technology also reports approximately 30 students with Rs 1-lakh stipends, with companies like Couchbase and Amazon offering Rs 1.2 lakh and Rs 1.1 lakh, respectively. The internship window is yet to close this year for the final count.
India will provide many skilled people to the world one day: Kiran Bedi
Kiran Bedi noted that Indian non-governmental organisations (NGOs) have increased their focus on skills as part of training at their education centres and called for more collaborations among universities, institutions, skill development centres, professional institutions and NGOs.
200% jump in internship opportunities in past 5 years: Internshala report
According to a report by Internshala, Indian students have experienced a significant increase in internship opportunities over the past five years, with a 200% growth. Business development and management accounted for 44% of internships, followed by engineering at 20% and the media sector at 18%.
Tata Technologies launches hiring campaign targeting women on career break
Tata Technologies has launched a hiring campaign, #Reignite, targeting female engineers on a career break. The programme offers specialized training, hands-on experiences, and online learning resources to help them return to their careers. Eligible women can apply for available roles by January 12. The process involves several stages, including exploring, elevating, and engaging.
IIT Madras sees 51% increase in firms offering internships
The Indian Institute of Technology (IIT) Madras has seen a 51% increase in internship recruitment this year, with companies such as Texas Instruments, JP Morgan Chase & Co., Adobe, Procter and Gamble, and Dr Reddy's Laboratories offering internships to the 2024 class. The number of students who secured jobs was 17% higher than last year.
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