Indias premier engineering institutes have taken a firm stand against companies withdrawing j...
Microsoft is preparing for another round of layoffs that could affect thousands of employees across ...
Indias largest private sector lender, HDFC Bank, has appointed former Chief Election Commissi...
India’s IT services sector may take longer to recover than expected, according to a new report by JPMorgan. The firm now expects a strong recovery only by FY30, as artificial intelligence (AI), global uncertainty, and weak technology spending continue to affect the industry. AI and Global Uncertainty Keep Growth Low JPMorgan said India’s IT industry […]
American automaker Ford has brought back around 350 veteran engineers after its AI-based quality control systems failed to meet the company’s quality standards. The move shows that while artificial intelligence can improve manufacturing processes, it cannot fully replace the knowledge and experience of skilled engineers. Like many global companies, Ford adopted AI to lower costs, […]
India is fast emerging as a major global destination for data-centre investment as the US and Europe face a growing capacity crunch. According to a recent ICICI Securities report, the surge in AI demand, hyperscale cloud expansion, and policy support are helping position India as the next big data infrastructure hub. Why India Is Gaining […]
India is on course to become a $7 trillion economy by the end of this decade, with the potential to double in size to nearly $14 trillion by the mid-2030s, according to India’s Ambassador to the United States, Vinay Mohan Kwatra. The projection reflects the country’s long-term growth trajectory, driven by economic reforms, infrastructure development, […]
India’s industrial output grew 5.1% year-on-year in May, up from 4.9% in April, driven by strong manufacturing activity and higher electricity generation, according to the latest Index of Industrial Production (IIP) data. While the figures primarily measure industrial performance, they also provide valuable signals for the labour market, indicating continued demand for talent across manufacturing, […]
The Central government is planning a ₹5,000-crore scheme to help the steel industry adopt green technologies and reduce carbon emissions. The move is part of the government’s efforts to make steel production cleaner and support the industry’s transition to low-carbon manufacturing. The scheme is expected to provide financial support to steel manufacturers, especially smaller companies, […]
German auto giant Volkswagen is reportedly considering one of the largest restructuring exercises in automotive industry history, with plans that could result in up to 100,000 job cuts and the closure of four manufacturing facilities in Germany, according to people familiar with the matter. The proposals are expected to be discussed during a supervisory board […]
As cyber threats grow more sophisticated and artificial intelligence (AI) transforms the security landscape, organizations are struggling to find cybersecurity professionals with the right mix of technical and business skills, according to a new report by Accenture. The report, “Reinventing the Cyber Workforce: Solving the Talent Imbalance,” reveals that the global cybersecurity talent shortage is […]
German luxury carmaker Mercedes-Benz has unveiled a new round of cost-cutting measures, asking employees to work longer hours without additional pay as it looks to reduce expenses and improve competitiveness in a challenging global automotive market. In an internal note sent to employees on Friday, CEO Olaf Källenius and other senior executives said the company […]
General Motors has introduced around 50 collaborative robots, or “cobots,” at its Factory Zero electric vehicle plant in Detroit, Michigan, after more than 1,000 workers were laid off earlier this year. The move has sparked criticism from labour unions and renewed concerns over the impact of automation on manufacturing jobs. The automation push comes months […]
Oracle has started a new round of layoffs in Romania, affecting more than 500 employees. The job cuts are part of the company’s ongoing global workforce restructuring. According to reports, affected employees received an email at around 6:00 a.m. informing them that they were included in a collective dismissal process. This is one of Oracle’s […]
