Allsec Technologies News Today

Prior to this, Jayaram had a long stint with Kotak group for about 26 years, where he played a key role in establishing and growing multiple business verticals.

/PRNewswire/ -- Adoption of cutting-edge technologies, legislative modifications, and enhanced collaboration will define the AML Market in the future as we...

There has been a 10% increase in the overall hiring requirements in July compared to last month, signaling good news for the IT sector and some pick-up in demand in the coming quarter after a long lull.

IT Hiring: The growth in headcount, however, will only be reflected in the October-December quarter, said experts. The increased demand is led by companies having better visibility of demand. Despite the pick-up, the rate of recovery is still slower than anticipated, and significantly lower than the peak demand witnessed in 2021, they added.

The tech hiring in the IT sector has shown green shoots of demand in July, with a 10% increase in overall hiring requirements compared to last month, according to staffing firms. The increased demand is driven by companies with a better visibility of demand, with GCC and ER&D demand flow remaining stable. Experts said that the growth in headcount will reflect in the October-December quarter.

The e-commerce sector is also doing well due to a multitude of reasons. The widespread adoption of smartphones, increasing internet penetration, growing access to digital payment systems and the governments push towards digital transactions have all boosted this growth. The Indian governments efforts to create a more business-friendly environment and promote foreign investment in the country have also contributed to the sectors growth.

January to May hiring statistics: It was followed by BFSI and e-commerce industries with 16% rise in their headcounts

Sensex hit fresh lifetime highs, while Nifty 50 neared its record high, but Indian markets couldnt sustain their momentum due to global trends and delayed monsoons. Expert, said market volatility was exacerbated by consecutive days of net selling by FIIs.

The Board of Directors of Allsec Technologies Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

The Board of Directors of Allsec Technologies Limited have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23, 9MFY23 at its board meeting.