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India's start-up sector is on a roll - The Hindu BusinessLine

India’s start-up sector is on a roll
April 13, 2021
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Seizing the pandemic-driven opportunities, quite a few have attained unicorn status and funds are pouring in
Almost a year ago, as Covid-19 numbers began soaring, commentators started penning obituaries for India’s feisty and booming tech start-up sector. Business would slow to a trickle as venture-capital investors snapped shut their wallets, doomsters forecast. Funding would dry up. In short, RIP.
Life has a way of confounding pundits. In calendar 2021 alone, at least nine Indian start-ups have attained coveted unicorn status. This means these privately-held firms now have valuations of over $1 billion and some way more. Most startlingly, a record six of these start-ups achieved billion-dollar valuations in the first week of this month. ....

Pranav Pai , Arun Natarajan , Raman Roy , Quattro Global Services , Tata Group , New York , Middle East , Venture Intelligence , பிரணவ் பை , அருண் நடராஜன் , ராமன் ராய் , டாடா குழு , புதியது யார்க் , நடுத்தர கிழக்கு , துணிகர உளவுத்துறை ,

Hiring, wage hikes likely as outlook for IT appears 'bright'

Hiring, wage hikes likely as outlook for IT appears ‘bright’
April 05, 2021
Analysts peg revenue growth of tier-I firms at 2.5-3.4 per cent in Q4
The IT industry is likely to report a modest growth in revenues in the fourth quarter of 2020-21 and a double-digit growth in 2021-22. The tier-I IT companies are likely to close the quarter with a growth rate of 2.5-3.4 per cent in revenues in the quarter over the previous quarter.
A projected double-digit growth in the current financial year would also mean a sharp increase in hiring to meet the growing demand for IT services and solutions. ....

Mohan Reddy , Motilal Oswal , Executive Chairman , Emkay Global , Hit Industry , மோகன் சிவப்பு , மோட்டிலால் ஒசுவள் , நிர்வாகி தலைவர் , எம்காய் உலகளாவிய , அது தொழில் ,

Indian tech service biz growth will accelerate: Nasscom-McKinsey

Indian tech service biz growth will accelerate: Nasscom-McKinsey
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Indian tech service biz growth will accelerate: Nasscom-McKinsey
Shilpa Phadnis / TNN / Apr 1, 2021, 10:42 IST
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BENGALURU: A Nasscom-McKinsey report shows that India s technology services industry could accelerate growth by 2-4% over the next five years, reaching $300-$350 billion in annual revenue, leveraging cloud, AI, cybersecurity, and other emerging technologies.
“There’s untapped opportunities in newer technologies. Digital and cloud services provide an opportunity to reach $600-700 billion, while engineering services offer a $500 billion opportunity by 2025,” said Nasscom senior VP and chief strategy officer Sangeeta Gupta.
The report said that the annual decline in global spending on traditional technology is likely to accelerate from 3-4% today to 8-10%, and the share of traditional services in India’s tech services revenue will ....

Sangeeta Gupta , Debjani Ghosh , Business News , Technology Services Industry , சங்கீதா குப்தா , வணிக செய்தி , தொழில்நுட்பம் சேவைகள் தொழில் ,

Haryana quota for locals to impact 1.5 lakh jobs; firms search exit route

Haryana jobs quota to impact 1.5 lakh; firms look for exit route
With lack of skills to match jobs, NASSCOM Survey says companies are planning to move operations and ramp down investments due to the new reservation rules in Haryana
Rukmini Rao | March 23, 2021 | Updated 11:02 IST
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IT industry body NASSCOM has conducted a survey to assess the impact of the notification of The Haryana State Employment Of Local Candidates Act, 2020 which aims to reserve 75 per cent jobs in private companies for local candidates. Out of the 73 companies that participated in the survey and have over 144,000 employees in Haryana, 80 per cent see this move impacting their operation and investment plans. They either intend to shift operations to other states or increase hiring in other states, the survey found. ....

Software Development , Operations Team Managers , Specialist Research , Customer Care Representatives , Workforce Management Analysts , Payroll Specialists , Finance Executives , Associate Research , Data Analyst , Graphic Designer , Marketing Associate , Operations Associate , Product Specialist , Production Operations , Machine Learning Skills , Data Science , It Industry Body , Haryana State Employment , Jobs In Private Companies , Local Candidates , Employees In Haryana , Investment Plans , Increase Hiring , மென்பொருள் வளர்ச்சி , செயல்பாடுகள் அணி மேலாளர்கள் , நிபுணர் ஆராய்ச்சி ,

80% firms wary of Haryana's job quota law, say it will negatively impact future ops

80% firms wary of Haryana s job quota law, say it will negatively impact future ops
The state s move would impact nearly 1.5 lakh current jobs in IT-ITES sector, and given the industry s high attrition rate, could have a severe implication in 1-2 years, Nasscom said in a survey
PTI | March 16, 2021 | Updated 10:09 IST
Nearly 80 per cent of the companies surveyed by Nasscom recently stated that Haryana s job reservation law would negatively impact their future business operations and investments plans. The state s move would impact nearly 1.5 lakh current jobs in IT-ITES sector, and given the industry s high attrition rate, could have a severe implication in 1-2 years, the survey by Nasscom said. ....

Ashish Aggarwal , India Inc , New Haryana State Employment , Local Candidates Act , Artificial Intelligence , Senior Director , Head Policy Advocacy , Haryana Job Quota Law , Haryana Job Reservation Law , Jobs In It Ites Sector , Jobs In It Ites Sector Haryana , Attrition Rate In It Ites Sector , Attrition Rate In Jobs It Ites Sector Haryana , It Ites Companies , It Ites Companies In Haryana , இந்தியா இன்க் , புதியது ஹரியானா நிலை வேலைவாய்ப்பு , உள்ளூர் வேட்பாளர்கள் நாடகம் , செயற்கை உளவுத்துறை , மூத்தவர் இயக்குனர் , ஹரியானா வேலை ஒதுக்கீடு சட்டம் , ஹரியானா வேலை முன்பதிவு சட்டம் , வேலைகள் இல் அது இதெச் துறை , வேலைகள் இல் அது இதெச் துறை ஹரியானா , அது இதெச் நிறுவனங்கள் , அது இதெச் நிறுவனங்கள் இல் ஹரியானா ,