Talent Crunch Affects Bank’s Cybersecurity Plans – Rediff

Banks are grappling with a severe talent crunch in the field of cybersecurity, at a time when several instances of cyberattacks have been reported by various lenders. We do not observe much attrition in cyberspace. However, there is always a talent crunch. We have quite a large team, including consultants and technology resources.

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NSDC International and The Adecco Group join forces; aims to boost global job prospects for Indian talent – The Financial Express

This collaboration aligns with our commitment to empower skilled Indian candidates by offering them opportunities to showcase their expertise on a global stage. To bridge the gap between Indian talent and global employers, we are ensuring a smoother transition and enhancing the competitiveness of Indian candidates through our skilling initiatives, Ved Mani Tiwari, CEO, NSDC and MD, NSDC International, said.

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Low penetration of vocational, skill training into rural youth: Survey – Business Standard

It should be noted that 12 per cent of those surveyed were not enrolled in any type of educational institutions school, college, vocational/skilling institution. The Voices Survey 2023, which covered 32,028 respondents comprising 15,856 youth, 13,806 parents, and 2,366 schoolteachers during April and July 2023, revealed that there was a pronounced reliance on smartphones among rural youth.

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Looking ahead to 2024: Key focus areas for employers – ET HRWorld

As we near the end of 2023, the economic landscape continues to showcase traits of uncertainty and volatility. Amidst this backdrop, HR leaders are gearing up to set their focus on key agendas for the upcoming year. The imminent arrival of the new year prompts a forward-looking approach among these leaders as they strategise for the next 12 months.

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India Skills 202324: National Competition aims to Showcase diverse talent, elevate skill standards – Business News This Week

Registration for this grand event has commenced on the Skill India Digital website, inviting aspirants from across the nation to showcase their talents and skills. The competition, considered the gold standard of skills excellence, serves as a platform for young competitors to reach new heights and transform their passion into a profession.

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79% companies bullish on hiring more, retaining talent in H2 FY24 – Fortune

The Indian employers are up for a hiring boost in the last quarter of the financial year following muted activity in the third, with 79% of companies bullish on expanding or sustaining their workforce till March 202324. The increasing hiring momentum is being attributed to stronger than expected gross domestic product (GDP) growth in the second quarter of FY24 at 7.8%.

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Almonds AI s Virtex Powers Online GPAI SUMMIT 2023 – CXO Today

GPAI is a multistakeholder initiative with 29 member countries, which aims to bridge the gap between theory and practice on AI by supporting cutting edge research and applied activities on AI related priorities. Multiple sessions on diverse topics like AI & global health, education and skilling, AI and data governance, and ML Workshop, among others were organised during the summit.

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Talking raises $165 million – The Times of India

Bengaluru based AI startup raises $41 million Bengaluru based Sarvam AI, founded by Vivek Raghavan and Pratyush Kumar, has secured $41 million in series A funding. The investment round was led by Lightspeed, with participation from Peak XV Partners and Khosla Ventures. Sarvam AI operates in the generative AI space and aims to accelerate the adoption of GenAI in India.

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NXP India, in collaboration with FabCI, IIT Hyderabad, announces Winners for Season 2 of Semiconductor Startup Incubation and Acceleration Program for Tech Startups – India Education Diary

NXP India, one of the biggest R&D centres for NXP and a world leader in secure connectivity solutions for embedded applications, in collaboration with Fabless Chip Design Incubator (FabCI) at IIT Hyderabad (IITH), Startup India and Ministry of Electronics and Information Technology (MeitY), proudly announces Smartkosh Technologies, Droame LLP, FermionIC Design, Smartway Electronics and Pramatra Space Technology as the winners for the Season-2 of the Semiconductor Startup Incubation and Acceleration Program.

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Karnataka sees 46 per cent dip in FDI in first half of current fiscal – PTI News

Karnataka has seen a sharp decline in funding for startups, especially in Bengaluru, it said. Due to slowdown in advanced economies, Karnataka witnessed a 46 per cent decrease in FDI, dropping by USD 2.5 billion from USD 5.3 billion in the first half of FY23 to about USD 2.8 billion in the first half of FY24, mainly due to reduced funding for startups and a drop in FDI inflow in the IT/Software sector, the review said.

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Electronic System Design and Manufacturing (ESDM)

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Beyond Bengaluru

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