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GENAI JOB IMPACT IN INDIA
Cognizant forecasts weak quarterly revenue amid cautious client spendingCognizant Technology forecasts third-quarter revenue below Wall Street estimates. Clients remain cautious on discretionary IT spending and ...- GenAI may replace up to 12% of India's non-farm jobs, says Goldman SachsGenerative AI could substitute twelve percent of Indian non-agricultural jobs. Forty-eight percent of jobs will likely be complemented by t...
- Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the waveHang Ten Systems, a new enterprise AI startup, has secured significant seed funding. The company aims to guide businesses in leveraging art...
- Paytm founder Vijay Shekhar Sharma calls AI a once-in-a-generation opportunity for IndiaPaytm Founder Vijay Shekhar Sharma sees artificial intelligence as a major opportunity. India can create new jobs and economic growth throu...
- Gen-AI to boost India's labour productivity by 0.4 percentage points annually over next decade: Goldman SachsOver the next decade, generative AI is poised to significantly enhance India's labour productivity, particularly in knowledge-driven sector...
- JanAI shares roadmap to prepare India’s higher education system for an AI-driven economyJanAI shared a draft report with NITI Aayog on preparing India's higher education for AI. The report examines shifts in higher education an...
- India's AI boom is rewarding engineers more than codersIndia's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing ...
- Freshers offer first month's salary for job referrals amid tough hiring marketAmid fierce competition, new graduates are resorting to offering their first paycheck for job referrals. This strategy underscores the diff...
- Will Nifty, Sensex fall for 6th straight session on Monday? US Fed among 5 factors to watch this weekIndian equities extended losses for a fifth session amid rising oil prices, persistent FII outflows and geopolitical tensions. Investors no...
- US-China AI race is heating up, but these 10 professions are still too expensive for robots to replace - is your job safe?Jobs safe from AI: Americans perceive China leading in artificial intelligence development currently. However, automating many common jobs ...
- Meesho Q1 Results: Loss narrows to Rs 133 crore; marketplace revenue rises 48%Meesho narrowed its June-quarter loss to Rs 133 crore as marketplace revenue surged 48% and user engagement strengthened. Better delivery c...
- Disney layoffs: Hundreds of jobs cut across ESPN, Pixar, other unitsWalt Disney Company has initiated significant workforce reductions across its various business units. Corporate teams, ESPN, and film studi...
- AI will not trigger employment collapse, staffing company Adecco Group saysAI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...
- A once wary Hollywood slowly warms to AIStudios worried about their intellectual property being misused, and actors feared becoming little more than raw material for AI systems an...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
- AI agent economics to shape next phase of enterprise GenAI adoption; 60% of agentic AI costs go to response refinement: McKinseyAs generative artificial intelligence (Gen AI) moves beyond experimentation into enterprise-scale deployment, business leaders are increasi...
- Beyond code, 9,000 physical AI jobs open in India as global demand rises to 80,000India has a 370,000-strong talent pool with skills relevant to physical AI, spanning robotics, AI, machine learning, embedded systems, hard...
- Majority Indian companies willing to pay graduates with GenAI micro-credentials over 15 pc more: ReportHigher salaries in India are being offered by employers to graduates with GenAI micro-credentials, with boosts often over fifteen percent. ...
- Majority Indian companies willing to pay graduates with GenAI micro-credentials : ReportIndian employers offer higher salaries for GenAI micro-credentials. Graduates with these skills move faster through hiring pipelines. One h...
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