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Disrupting global economy ais expanding domains potentially adding 500 billion to indias gdp

By 2025, it is expected to contribute approximatley 450-500 bn dollars to Indian GDP, accounting for around 10% of the nation's goal of achieving 5 trillion dollars GDP.

TeamLease Services Limited
Times Now News, July 12, 2023
More tech workers in India are moonlighting — despite their bosses’ disapproval

Despite its growing population, India grapples with talent shortage - specifically skilled labour. Over two million jobs in AI, cyber security, and blockchain are expected to remain unfilled in 2023.

TeamLease Services Limited
CNBC, July 11, 2023
IT and startup recruitment see significant drop, hiring may pick up post Sept quarter

The companies have already reached their full capacity and for any incremental projects, they have to start hiring. So, we are expecting the hiring numbers to pick up from the end of the second or early third quarter.

Ramani Dathi
  • CFO

CNBC TV18, July 11, 2023
Why There Is Job Attrition Among Women

This platform used machine learning algorithms to create gender-neutral job descriptions and unbiased screening processes, thereby reducing the inherent bias in recruitment.

TeamLease Services Limited
Rediff, July 11, 2023
Airtel, Vi give 7-8% salary hikes, up to 110% bonuses as competition to retain talent heats up

Telecom companies are offering incentives, including 100% bonus and inflation-indexed hikes, to motivate their workforce. In this era, where retention is the new recruitment, they strive to cultivate a loyal and high-performing team.

Kartik Narayan
  • CEO - Staffing

The Economic Times, July 11, 2023
The Impact of the Funding Winter on IT Hiring

The funding winter has adversely affected the startup and e-commerce ecosystem, while the fear of a global recession is prompting information technology companies to stay away from active recruitments.

TeamLease Services Limited
Economic Times, June 10, 2023
Global capability centres expand operations in India, hiring more IT talent

While Indian IT services companies are facing a significant decline in demand, GCCs (global capability centers) in India are experiencing a significant improvement in hiring.

TeamLease Services Limited
Business Standard, July 07, 2023
Job postings fall over 30% in FY23 as compared to last financial year

The funding winter has adversely affected the startup and e-commerce ecosystem, while the fear of a global recession is prompting information technology companies to stay away from active recruitments.

Kartik Narayan
  • CEO - Staffing

Financial Express, July 07, 2023
EV makers look to recruit more women in workforce

As per discussions with various EV industry players, it has been noticed that the attrition of women in EV companies is comparatively less at the mid-management level.

TeamLease Services Limited
Money Control, July 04, 2023
Dr Lal PathLabs elevates Munender Soperna as CIDO

The cyber security industry is grappling with an ongoing skill shortage, resulting in numerous unfilled vacancies. They struggle with new frameworks and models, such as zero trust

TeamLease Services Limited
Tech Circle, July 03, 2023
From new classification to a separate division in the Ministry, India’s micro-MSMEs need differentiated support

IT services are expected to open up in this quarter to some extent. This is as hiring has been on the back burner for quite some time and utilisation levels have peaked to over 80-85%.

TeamLease Services Limited
Economic Times, July 02, 2023
Campus placements may reduce but internship stipends, salaries will rise

The present challenge is to upgrade higher education learning through credit-based apprenticeships.

TeamLease Services Limited
Careers360, June 29, 2023