Tag: ASIA
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IT Hiring Growth Rate Approaching Double Digits, Says Info Edge
Info Edge reports that IT sector hiring growth is approaching double digits, reflecting a revival in demand for entry-level talent. After dealing with over-hiring issues, utilization rates have returned to pre-Covid levels. This shift is stimulating recruitment, not only in large IT firms but also among GCCs and startups. According to Info Edge, the growth…
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Big Tech’s Future in 2025: Navigating AI, Antitrust, and Energy Innovations
As we approach 2025, big tech firms are focusing on AI, nuclear energy, and evolving political challenges. In 2024, spending on AI surged, with companies investing heavily to remain competitive. The need for proprietary AI chips has led firms to develop their own technologies. Political dynamics and antitrust scrutiny are expected to impact operations, while…
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Government Scrutinizes Quick Commerce Companies Over FDI Compliance
Quick commerce companies are under government scrutiny regarding FDI compliance related to inventory policies. The DPIIT is investigating their operations to ensure adherence to regulations. Concerns have been raised about the impact on local kiranas and the potential for unfair competitive practices. These firms have seen significant investment and growth, prompting calls for vigilant oversight…
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DBS Bank Appoints Rajat Verma as India CEO; Startup ESOP Buybacks Rise
DBS Bank has appointed Rajat Verma as CEO of DBS Bank India starting March 2025, succeeding Surojit Shome. Meanwhile, the Indian startup sector is witnessing a rise in ESOP buybacks, increasing from 19 in 2023 to 26 in 2024 across unlisted companies, indicating a shift in capital acquisition and employee ownership strategies. On December 31,…
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The Role of IT Companies in Enhancing Urban Security Through Technology
IT companies are leading the charge in transforming urban security through advanced technologies like AI, video analytics, and integrated communications. Traditional security methods are insufficient against modern threats, prompting new proactive solutions. Notably, MASL has developed comprehensive systems for urban safety, reshaping the concept of security in our cities and enhancing community empowerment. In today’s…
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Key Business Continuity Lessons for Indian Companies from the COVID-19 Pandemic
The article discusses how Indian companies can enhance their Business Continuity Plans (BCPs) based on lessons learned from the COVID-19 pandemic. Key takeaways include the importance of agile supply chains, robust remote work infrastructure, effective communication, prioritizing employee mental health, and data-driven decision-making. These strategies are essential for building resilient organizations capable of facing future…
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Innovators in Mobile Tech: Top 7 App Development Companies for 2025
This article presents an overview of the top seven app development companies in the USA for 2025. These firms are acknowledged for their outstanding services and ability to innovate in the mobile technology sector. Selecting the right developer is vital for businesses aiming to succeed in the competitive app marketplace. As mobile technology continues to…
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Korean Botulinum Toxin Firms Face Challenges in Chinese Market Entry
Korean botulinum toxin companies are experiencing delays in entering the Chinese market due to increased regulatory scrutiny and growing competition. I-Maker Technology and Daewoong Pharmaceutical have both postponed their commercialization schedules to 2025. The market sees an influx of new products, intensifying competition and price pressures within the sector, despite projected growth by Goldman Sachs…
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Hock Tan: The Unique CEO Transforming Broadcom in Tech’s Trillion-Dollar Club
Hock Tan, CEO of Broadcom, stands out in the technology sector as a ruthless leader with a unique method for managing his diversified company. Unlike his peers, Tan employs a profit-centric strategy, achieving significant market growth through aggressive acquisitions and margin enhancements. His approach contrasts sharply with the more conservative methodologies of typical tech executives,…
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Swarovski Shifts Focus to Lab-Grown Diamond Jewelry Sales in India on December 23, 2024
On December 23, 2024, Swarovski announced a strategic shift towards selling lab-grown diamond jewelry in India, planning to open 10 new stores. This move aims at addressing market demand for affordable luxury. The company is committed to adapting to evolving consumer preferences and sustainability trends in the luxury market, especially in a diverse market like…