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News stories about "professionals" in India.

Posted on: 20 Dec, 11:08 AM

Skill gap widens at mid-senior level as technological advances gather speed

As technology continues to evolve, leadership roles require urgent decision-making and upskilling. A McKinsey report predicts that automation will displace 800 million jobs by 2030 but also create 950 million new jobs. Cloud, data, and AI are identified as the biggest skill gaps for mid-senior professionals. Key Points

Moonlighting poses risk of brain and heart-related ailments, warn doctors

The word ‘Moonlighting’ has been used and heard across India a lot in recent months. Broadly, moonlighting is working for a business of the same niche while being a permanent employee of another. Post the Covid pandemic, the practice gained momentum due to remote working and reduced job Key Points

The Tribune India

About 88% of professionals in India are considering a new job in 2024: LinkedIn

Nearly 88% of professionals in India are considering a new job in 2024, an increase of 4% from last year, showing a shift in attitude towards career growth. Job search activity on LinkedIn increased by 9% as compared to last year. Better work-life balance and higher wages are the biggest motivators for changing jobs. professionals are also looking for opportunities outside their industry or role. Key Points

158% jump in women joining white-collar gig. Here’s why

“As careers become non-linear, freelancers can leverage their skills to balance out different life stages, while staying in touch with their profession,” she told ET. “Be it selecting projects that align to their long-term goals (for example, starting up or impact consulting) or pacing out the workload, freelancing allows professionals a lot more agency and control over their careers.” Key Points

Crisis-hit GoFirst grounded for two months; flight cancellation extended till July 10

New Delhi [India], July 4 (ANI): Crisis-hit airline Go First on Tuesday informed that its scheduled flight operations will remain cancelled till July 10 due to operational reasons. The fleet of the cash-strapped carrier has been grounded since May 3. The airline operator filed for voluntary bankruptcy in early May before the National Company Law […] Key Points

Fat tech pay cheques shedup to 40% as slowdown bites

Salary offers for IT professionals have dropped 30-40% due to global macroeconomic headwinds and IT sector slowdown. Big tech companies rationalized their workforce, leading to lower pay packets. Early-stage startups are hiring CXOs and senior tech talent at realistic salaries, including variables in the compensation. Michael Page India is helping startups, including an edtech firm, with tech hiring. Key Points

India-UK Young professionals Scheme: 3000 work visas up for grabs. Everything to know about the February b

The UK Home Office has announced a new ballot for the India Young Professional Scheme, allowing successful applicants to reside, work, and study in the United Kingdom for 24 months. The ballot will take place from February 20-22, 2024, and eligible Indian nationals with a bachelor's degree or higher can participate. Key Points

Living abroad and want to return to India? 5 tips to find the right job back home

Mid-career professionals wanting to relocate back to India could face challenges in finding suitable compensation and work. However, there are options available, including smart networking, understanding key government policies and shifts, opportunities in global capability centres, freelancing and fractional CXOs, and personal branding. professionals could explore these avenues to determine what works best for them and helps them settle quickly in the country. Key Points

Billionaire Infosys founder Narayana Murthy to double private firm’s investments

The money manager of billionaire Infosys Ltd. founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five years, betting India will emerge as a high-quality manufacturing hub. Key Points

LinkedIn eyeing India for its next 100 million members

LinkedIn‘s India business grew by 84% since FY20, and almost quadrupled in size over the past five years. The platform is betting high on the country for its next 100 million members, Ashutosh Gupta, India Country Manager of the California-based professional network and employment platform told The Hindu in an interview. Key Points

Salary, job security grows with upskilling, shows upGrad report

Women who were upskilled found it easier to return to work after a break and experienced 4.8 times improved career stability, the study highlighted. Key Points

LinkedIn lays off 668 employees as hiring activity slows

Microsoft's (MSFT.O) LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network for professionals as demand for hiring services slows. Key Points

Shortage of cybersecurity professionals triggers fight for talent

There are between 20,000 and 25,000 unfilled positions in cyber security profiles in India currently, and this number is expected to expand as telcos push 5G roll out, and companies continue their digital transformation journeys, staffing experts said. Telcos will also have to fight not only technology companies, but also enterprises for cybersecurity professionals going forward, they added. Key Points

How can Indian IT professionals bid farewell to H-1B visa woes with EB-5 visa?

Indian IT professionals in US seek alternatives to H-1B visas. The EB-5 visa offers stability and a pathway to US citizenship, making it an attractive choice. | World News Key Points

Hindustan Times

US decision to introduce in-country renewable of H-1B visas to promote India's services exports: SEPC

When Indian IT professionals can quickly travel to client locations abroad, they can better understand client requirements, build stronger relationships, and deliver tailored solutions. This direct engagement can lead to increased client satisfaction, repeat business, and ultimately, higher IT exports, SEPC Chairman Sunil H Talati said. Key Points

Career path in cybersecurity: How to begin and advance

The Indian IT industry is expected to create over 1.5 million new jobs in cybersecurity by 2025. Key Points

Financialexpress

Australia student visa from rule changes goes into effect today. Here's what is changing

Indian students studying in Australian tertiary institutions can now work in the country without visa sponsorship for up to eight years. The Mobility Arrangement for Talented Early-professionals Scheme (MATES) offers up to 3,000 spots for Indian professionals in fields like engineering, ICT, AI, and renewable energy. MATES provides a new mobility pathway for Indian graduates and early career professionals to live and work in Australia for up to two years. Key Points

IBBI prepares list of 400 insolvency professionals for easy pickings

In a first for the country's bankruptcy resolution regime, the insolvency regulator has prepared a common panel of 400 insolvency professionals (IPs) from those registered with it. The Insolvency and Bankruptcy Board of India (IBBI) will share the list with the adjudicating authority to choose from to oversee cases of resolution or liquidation from July 1, according to an official. Key Points

Amid layoffs, edtech sharpens its career options

Organisations are listing demand for professionals in areas such as interesting and dynamic content creation, specialists in creating demand and professionals in the marketing domain, especially in functions like SEO, he says. There is also a requirement for professionals with good analytical and communication skills as well as for people who are creative and have an inquisitive mind. Key Points

Indian-American professionals from Silicon Valley hold 'havan' to pray for PM Modi's re-election

Indian-American tech professionals in Silicon Valley organized a 'havan' at a Hindu temple to pray for PM Modi's Lok Sabha election victory. OFBJP, USA, SF Bay Area Chapter aims for a 'Abki Baar, 400 Paar' win. Key Points

India's $100 bn trade pact with EFTA has a lot for Indians wanting to work in Europe

India and the European Free Trade Association (EFTA) members— Iceland, Liechtenstein, Norway, and Switzerland—signed a groundbreaking $100 billion free trade pact, set to commence in a few months. This agreement encompasses the opening up of over 120 services by Switzerland, including audit, legal, IT, and healthcare, benefiting Indian companies with relaxed visa regulations for workers and professionals. Key Points

Singapore to raise salary criteria for foreign workers in bid for high-quality talent

Singapore will raise the salary criteria for foreign executives and professionals from January next year, with employment pass holders needing to earn at least S$5,600 per month, up from S$5,000. The financial sector's requirement will increase to S$6,200. The move aims to ensure high-quality hires and fair competition for locals. Key Points

Infosys plans walk-in recruitment event in Bengaluru on March 9

Infosys' hiring comes after a renewal of four big-ticket contracts, spurring the need for more professionals. The company has sent a broadcast mail to employees, urging them to refer potential candidates in a sign of easing curbs on hiring and revival in business sentiment. Key Points

Budget 2024: Taxing tax rules must go

Perhaps no one knows more than the government that certain popular announcements involving little sacrifice of revenue can be a great gesture. More so because this is an election year. Key Points

The Economic Times

This job of getting answers from AI like ChatGPT or Dall-E can pay you more than 2.4 crores

AI-related roles, such as providing precise prompts to generative AI systems, can reportedly offer a salary as high as Rs 2.4 crores. Key Points

Here's why so many people are losing money in online scams

The promise of quick financial gains has lured many into the web of deception. Cybersecurity, a vital aspect of Information Technology, plays a pivotal role in safeguarding personal data. Despite significant investments by tech firms in security measures such as fingerprint and facial recognition, criminals are evolving their tactics to dupe people. Key Points

India Inc more than willing to cosy up to retired pros

At a time when ageism is spreading its tentacles across India Inc., some seasoned retired professionals are loath to hang up their boots. Helping them are platforms such as WisdomCircle and diversity consultancies like Hum Communities who look for suitable opportunities for retirees that leverage their lifetime of accumulated skills and wisdom. Key Points

More and more young, mid-career professionals eye careers in care and tech for elderly

The silver economy in India, which focuses on providing services and products for the elderly, is attracting professionals from various industries. The country's elderly population is expected to double by 2050, creating a demand for senior living, elder tech, and geriatric care. Young professionals are drawn to the sector for its positive impact on communities and potential career growth. Key Points

Motors expert warns drivers over TikTok button hack that could cost a fortune

A motors expert has issued an urgent warning for drivers over a TikTok button hack that could lead to them spending a fortune on their car. Read more about this below. | World News Key Points

Hindustan Times

Indian professionals looking to upskill to close tech-skills gap: survey

A recent report by Emeritus highlights that tech-driven skill gaps are becoming a global issue. The report reveals that 53% of professionals fear becoming redundant if they don't develop their skills further, and 50% believe they lack the necessary skills for career advancement. This need for upskilling is felt across all career stages, including mid-career professionals and senior executives. Key Points

Resolutions under insolvency law likely to touch 300 this year: IBBI chief

The number of resolutions of stressed assets under the insolvency law is expected to reach 300 this year, according to Ravi Mital, Chairperson of the Insolvency and Bankruptcy Board of India (IBBI). Mital urged resolution professionals to expedite the cases. He also highlighted that creditors have recovered around Rs 3 lakh crore through the Insolvency and Bankruptcy Code (IBC) and emphasized that the IBC is a resolution mechanism, not a recovery mechanism. Key Points

Tech grads sign up for 'bootcamps' to be more employable

The demand for fast-paced and rigorous skilling programs, known as bootcamps, has increased significantly in India due to a dull job market and the rapid pace of change in tech job profiles. Many young graduates are enrolling in these programs to gain new-age tech skills and improve their employability. Companies like Great Learning, Upgrad, Coding Ninjas, Scaler, and Newton School have seen a 2-3 times increase in demand for bootcamps in the last 6-12 months. Key Points

Financial pros seek clarity after PMLA ambit gets wider

Chartered Accountants, Cost and Management Accountants, and Company Secretaries have stated the Notification released by India's finance ministry on Tuesday extended the scope of the Prevention of Money Laundering Act, adding an extra level of complexity to their work. Experts argue that defining terms, including formation agent and arranging for another person , remains unclear. Key Points

Public sector job openings in Dubai: Salary, eligibility and more

Dubai government is looking to hire professionals and high-skilled individuals across sectors like Roads and Transport Authority (RTA), Dubai Academic Health Corporation, Dubai Women Establishment, Department of Finance, Mohammed bin Rashid School of Government to name a few. Most of these organisations are looking for professionals and high-skilled individuals, offering salaries between Dh10,000 to Dh50,000, depending on the nature of the roles. Key Points