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While the ITeS sector will continue to grow near double-digit levels, headcount will shrink in 2024 by at least 5 percentage points. If the sector does not shed people, it would indicate seeping complacency, a lack of understanding of the impact of new technologies, and an incipient loss of competitiveness. It needs to reduce headcount, and stay competitive and relevant in the face of automation and AI.
A state government spokesperson said that “a complete strategy is ready to develop Lucknow, Kanpur, Gautam Buddha Nagar, Varanasi and Prayagraj as hubs of IT and ITES sector”.
KARACHI: The federal government has proposed concessionary tax rate for banks income from additional advances to...
The MBA (2021-2023) batch placement season at the Indian Institute of Management, Sambalpur (IIM S) has ended with a 100% placement record. The institute has achieved its highest-ever domestic and international packages of Rs 64.61 lakh per annum and Rs 64.15 lakh per annum, respectively. IIM Sambalpur Placement 2023: Key Placement Highlights The average
Triumphant Telangana attracted a whooping Rs 3.30 lakh crores (40 billion US dollars) of investment through the path-breaking TSiPASS and in IT and ITeS Sectors since 2014, said IT and Industries Minister K.T. Rama Rao on Monday. He said that the State has consequently created over 22.5 lakh jobs.