Tag: INDIA
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China’s Generative AI Market Surges with 230 Million Users, US Companies Still Favored
China is witnessing a rapid expansion in generative AI usage, with over 230 million users currently engaged in these services. Notably, foreign offerings like ChatGPT remain popular despite governmental blocks, indicating a robust market for AI technology. Investments from companies like Nvidia and Apple underscore the strategic importance of this sector in both China and…
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Tata Electronics Targets Major Tech Firms for Strategic Client Expansion
Tata Electronics is engaging with major tech firms like Microsoft, Dell, and HP to diversify its client base and establish itself as a significant player in the global electronics manufacturing services market. The company aims to emulate the business model of Foxconn while expanding beyond its current focus on Apple iPhones. Recent challenges, including a…
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ACCA Report Reveals 80% of Companies Unprepared for Climate Disasters
A recent ACCA report indicates that 80% of companies are unprepared for climate disasters, with only 20% recognizing climate risks in operations. The report emphasizes the financial sector’s vital role in promoting climate resilience, as many businesses lack adequate measures to address climate-related challenges. An alarming report by the Association of Chartered Certified Accountants (ACCA)…
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Masters, PhDs in Focus at IITs as Recruiters Chase AI Talent
The demand for IIT graduates is evolving as companies emphasize AI skills and advanced educational qualifications. Recruitment efforts are now focused on sourcing candidates with Master’s and PhD credentials in various scientific fields. This change arises from the industry’s rising need for expertise capable of tackling complex AI challenges. Salaries being offered are competitive, reflecting…
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Freshers Take Center Stage: Indian Tech Companies Redefine Hiring Trends in 2024
In 2024, Indian tech companies are shifting their hiring focus to fresh graduates, acknowledging their potential to foster innovation and drive growth. This trend is fueled by the need for agile talent in a changing economic landscape. To better prepare these freshers, companies are implementing upskilling initiatives, thereby creating job opportunities while addressing industry challenges.…
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Shift Towards In-Office Work and AI Integration in India: Key Survey Insights
Over 90% of top Indian firms prefer in-office work, surpassing the global norm, with expectations for further increases by 2030. The survey highlights a significant push towards integrating AI and emphasizes sustainability efforts, revealing that many companies plan to enhance their environmental initiatives while addressing integration challenges. A recent survey reveals that over 90% of…
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Indian-Origin CEOs Making Impact in Global Business
The article highlights Indian-origin CEOs leading major companies globally, showcasing their journeys and impact. It discusses their contributions in sectors such as technology and finance, reflecting India’s growing influence in the business world. The narratives of ten prominent CEOs illustrate the global recognition of Indian talent in driving significant revenue and innovation. Indian-origin CEOs have…
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Indian Gaming Industry Collaborates on Common Code of Conduct
The Indian gaming industry is uniting to draft a common code of conduct, distinguishing it from a previously signed voluntary code of ethics. Signed by key associations in December 2023, the voluntary code focuses on consumer choice and a healthy gaming environment. Amidst challenges such as high taxation and regulatory changes, this unified effort seeks…
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Top 10 Internet of Things Development Companies in the UK
This article presents the top 10 Internet of Things development companies in the United Kingdom renowned for their innovative solutions, scalability, and client-oriented practices. These firms excel in customized software and app development across multiple sectors, ensuring that their clients are well-equipped to navigate the challenges of the digital landscape. The Internet of Things (IoT)…
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Foxconn Eliminates Discriminatory Hiring Criteria in India Following Scrutiny
Foxconn has instructed its recruitment agents in India to eliminate age, gender, and marital status criteria from job ads for iPhone assembly positions after media scrutiny unveiled discriminatory hiring practices excluding married women. This move follows investigations by the Indian government and aims to align the company’s advertising with anti-discrimination policies. In response to a…