The report highlights critical factors such as cost effectiveness, talent pool, and digital infrastructure that make India a leading choice for multinationals seeking to establish or expand their shared services footprint. One of the main factors contributing to India s attractiveness is its cost effectiveness.
LinkedIn, the global professional network platform, has launched its first ever global Future of Work: State of Work @ AI report, highlighting the rising prominence of Artificial Intelligence in the world of work. Its India findings reveal that AIskilled members in India increased by 14x in June 2023 compared to January 2016.
A common woe in the hospitality industry is the time consuming, and costly hiring processes. Shiftz being a tech enabled platform takes this head-on with an array of innovative services. From verified profiles and video interviews to inbuilt skill assessment tests and HRMS capabilities, the platform streamlines the hiring process.
But the real opportunity is in the startup space. Tanushree shared these stats in her editorial Currently, there are over 100 space startups in both the upstream and downstream segment of the space value chain in India.
In 2017, Swiggy bought Asian food startup 48East from Bangalore. Later, Mumbai based food and apparel delivery firm Scootsy Logistics was purchased by Swiggy, which ultimately shut it down. In September 2018, it acquired Mumbai based milk delivery startup SuprDaily.
Digital native venture that specialises in food delivery besides quick commerce, Zomato, had a reason for joy as it turned profitable for the first time clocking 2 crore in the first quarter of this financial year.
Merative, a leading global data, analytics, and technology company, officially welcomes its India Global Capability & Innovation Centres across Bangalore, Hyderabad and Chennai. This team will enable Merative to achieve its purpose of combining trusted technology and deep industry expertise to serve more than 4,500 clients in healthcare and government social services around the world.
India on Wednesday created history by becoming the first nation to land a spacecraft, Chandrayaan3, near the south pole of the moon The success of India s third lunar mission makes it only the fourth country to achieve the milestone after the US, Russia and China.
The Karnataka government has launched a deep tech cluster seed fund of INR 25 Cr to nurture startups specialising in deep tech and AI Having recently approved the cybersecurity policy, the state is also preparing a white paper outlining an ethical framework for governing.
In a regulatory filing, the firm stated, “The company entered into MoU with Government of Karnataka (Electronics, IT and BT Department) for an investment of Rs 3,750 crore to setup semiconductor assembly & testing (OSAT) facility and printed circuit board (PCB) manufacturing plant through its step down subsidiaries.”
Shares of Kaynes Technology India Ltd. hit an all-time high on Friday after it signed a Memorandum of Understanding with the Karnataka government for Rs 3,750 crore. The project involves setting up a semiconductor assembly and testing facility and a printed circuit board manufacturing plant, through the company’s step-down subsidiaries.
Kaynes Technology on Thursday, August 24, 2023, announced that it has signed a Memorandum of Understanding (MoU) with Karnataka government to drive innovation. The MoU with Kaynes will put Karnataka in the forefront of OSAT and PCB with an investment of Rs 3,750 crores. It will also help in creating 3,200 jobs by harnessing collective expertise.
Kaynes Technology and the Karnataka IT-BT department has entered into a contract to set up a semiconductor assembly and testing facility (OSAT) in Mysuru. According to a statement from Kaynes Technology, the agreement entails an investment of Rs 3,750 crore to create 3,200 employment opportunities.
Shares Kaynes Technology zoomed 14 per cent to hit a record high of Rs 2,122.85 per share on the BSE in Friday’s intra-day trade after it signed agreement with Government of Karnataka for an investment of Rs 3,750 crore. Kaynes will setup Semiconductor Assembly & Testing (OSAT) facility and Printed Circuit Board (PCB) manufacturing plant through its step down subsidiaries. The stock has surpassed its previous high of Rs 1,908.65 touched on July 26.
Kaynes Technology and the Karnataka IT-BT department has entered into a contract to set up a semiconductor assembly and testing facility (OSAT) in Mysuru. According to a statement from Kaynes Technology, the agreement entails an investment of Rs 3,750 crore to create 3,200 employment opportunities.
Electronics manufacturer Kaynes Technology on Thursday announced plans to set up a semiconductor assembly parts, testing facility and printed circuit board (PCB) unit on the outskirts of Mysuru. The company MD Ramesh Kannan signed an MoU with Industries Commissioner Gunjan Krishna in the presence of Chief Minister Siddaramaiah and IT/BT Minister Priyank Kharge’s presence. The listed company is headquartered in Mysuru.
Also present were Ms. Gunjan Krishna (IAS), Commissioner for Industrial Development and Director, Department of Industries & Commerce, Government of Karnataka, and Mr. Sanjeev Gupta, CEO of KDEM.
Chief Minister Siddaramiah, Minister for IT/BT and Rural Development and Panchayat Raj Priyank Kharge, Chief Secretary Vandita Sharma, Commissioner for Industrial Development and Director, Department of Industries & Commerce, Gunjan Krishna, and KDEM CEO Sanjeev Gupta were present at the signing of the MoU.
Chief Minister Siddaramiah, Minister for IT/BT and Rural Development and Panchayat Raj Priyank Kharge, Chief Secretary Vandita Sharma, Commissioner for Industrial Development and Director, Department of Industries & Commerce, Gunjan Krishna, and KDEM CEO Sanjeev Gupta were present at the signing of the MoU.
In today s world, every business, whether it s a cozy bakery or a homebuilding venture, relies on digital technology. This connection to the digital world also exposes businesses to cyber risks, threats posed by hackers and other troublemakers.
Kirti Seth, Chief Executive Officer, NASSCOM Future Skills Prime, said, Our support to Wipro on this transformative journey exemplifies our dedication to the mission of making India a Digital Talent Nation.
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