BUSINESS
UK will remain attractive for Indian students despite immigration changes: University of Birmingham
In an exclusive interview with Moneycontrol, Adam Tickell, VC of University of Birmingham said it wouldn't be surprising if there are further adjustments in the future. “The government is dedicated to the International Education Strategy, aiming to attract more international students to the UK,” Tickell said.
BUSINESS
Tesla Power India to hire 2,000 people in various roles to support expansion, business growth
Since AI is changing how most of the jobs are performed, the company is conducting skills assessments, offering training programs, providing mentorship, and encouraging job rotations.
BUSINESS
Australian universities retract enrolments amid visa crackdown
Reports indicate that universities have retracted offers to students who did not have strong applications and are perceived to be an immigration risk. It is not clear how many students from India have been impacted by the curbs, but applications of students from Gujarat, Uttar Pradesh, Punjab, and Haryana are reported to be coming in for greater scrutiny.
BUSINESS
Workforce woes: India's Infra boom strains under blue-collar shortage
Although talent is available, they are not keen on migrating. As a result, there are shortages, in specific geographical regions, particularly in blue-collar jobs, but also in other skilled jobs.
BUSINESS
Moonlighting refuses to fade as opportunities to make extra bucks proliferate
Though many corporate offices have reopened for in-person attendance, some employees continue to work for other employers, sometimes even at the workplace.
BUSINESS
Around 16% international scholars in US are from India
While Indians constitute 15.7 percent (16,068) of total scholars, Chinese have a 19.1 percent (19,556) share among international scholars, according to the latest Open Doors Report data
BUSINESS
Machine learning dominates AI job market; high demand for mid, senior-level experts
There has been a 90 percent growth in the number of ML professionals over the past year.
BUSINESS
Tredence to hire 1,500 employees in 2024, AI skills in focus
Tech hiring 2024: Currently, Tredence employs 2,500 people with 80 percent of the employee base across its offices in India.
BUSINESS
5X jump in Paytm employees looking for jobs, ‘safe pastures’
The sudden rise in active job seekers is seen as the compound effect of two major events: Paytm laying off 1,000 employees due to AI automation and RBI restricting PPBL from offering almost all major banking services.
BUDGET
EV job boom expected after Interim Budget, but talent crunch looms large
Currently, India has approximately 400 EV manufacturers and an 11 million strong workforce, with women accounting for 11-15 percent of the workforce, according to Munira Loliwala, AVP of Strategy and Growth at staffing firm TeamLease Digital.
BUSINESS
Educators gloomy about cut in allocation to the sector in Interim Budget
The higher education department has received Rs 47,619 crore in the Budget 2024, a decline of 18 percent from Rs 57,244 crore (per revised estimates) it received in 2023-24
BUSINESS
Ministry of Education gets Rs 1.20 lakh crore in Budget, 7% less than last year
This is Rs 9,091 crore less than the revised estimate for 2023-24 and translates to a nearly 7.26 percent decline when compared with the previous RE of Rs 1,29,718 crore
BUSINESS
NEP 2020 ushering transformational reforms; will set up more medical colleges: FM Sitharaman
"Our Government plans to set up more medical colleges by utilising the existing hospital infrastructure under various departments. A committee for this purpose will be set-up to examine the issues and make relevant recommendations," the FM said
BUSINESS
CXO hiring declines by 25%, female employee salaries surge: Report
Despite a dip in hiring full-time employees, departments such as sales & marketing, and finance have witnessed a growth of 23.24 percent and 21.45 percent, respectively, according to data by RazorpayX Payroll
BUSINESS
Indian hospitality, tourism job market booms; chefs and travel consultants most in demand
The highest-paying role is that of a Head of Customer Success within the range of Rs 23.68 lakh-Rs 38.76 lakh per annum. The number of jobs in the travel & tourism sector rose from 10,276 in Jan 2023 to 12,141 in Jan 2024.
BUSINESS
Companies in Australia struggling to find talent with soft skills
The industry is actively seeking graduates with soft skill capabilities, whether they are from a science, technology, engineering, and mathematics (STEM) background or from any other field, said Professor Hossam Abuel-Naga, head of the department of engineering at Australia's La Trobe University.
BUSINESS
From battlefield to boardroom: Mapping veterans' corporate transition on 75th Republic Day
As India celebrates its 75th Republic Day, Moneycontrol sheds light on how its former warriors are bringing a unique set of skills and leadership qualities to boardrooms across the nation
BUSINESS
Budget 2024: Schools anticipate resource-backing amid NEP overhaul
Teachers say if education is to be transformative, they should be able to model the skills and competencies that schools expect students to possess. And this requires separate budget allocation.
BUSINESS
Traditional auto jobs face 70% demand drop, survival hinges on adjacency skills
Internal combustion engine designers and powertrain designers faced the biggest downfall – 70 percent – in terms of demand in the past two years.
BUSINESS
Coaching centres grapple with new guidelines, wary of 16-year age limit, fee scrutiny
The institutes, which like to catch them young, think specifying an age limitation will limit students’ learning.
BUSINESS
Australia halting 'Golden Visa' program to have minimal impact on Indians, say experts
The visa program had substantial benefits which included permission to carry out investment activity in Australia, stay for up to 5 years, bring eligible members of the family and apply for a permanent Business Innovation and Investment visa.
BUSINESS
Ayodhya to create 15% surge in civil engineering jobs riding on Ram Mandir growth wave
Currently, staffing firm CIEL HR noticed that around 22 percent of the overall jobs are engineering-related jobs with civil engineering jobs being MEP (mechanical, electrical and plumbing) Manager, Execution Amenity Engineer, Site Supervisor, and Site Engineer
BUSINESS
Colleges change assignments, assessment methods with GenAI integration
Engineering and management institutes are shifting from conventional assignments that require straightforward answers to more application-based tasks. This change aims to assess critical thinking and problem-solving skills.
BUSINESS
Environment challenging but will successfully complete placements: IIM Udaipur Director
While AI skills are sought after, traditional IT companies have reduced their intake, and even e-commerce platforms Flipkart and Amazon have scaled back, Professor Ashok Banerjee, IIM Udaipur Director, told Moneycontrol in an exclusive interview.
