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    Corporate India's white-collar hiring rises 14% in October, led by manufacturing

    Corporate India's white-collar hiring showed a 14% increase in October compared to the previous year. Notably, production and manufacturing roles experienced a significant growth of 39%. The demand for AI/ML skills also remained strong, leading to a 32% increase in hiring. Various sectors such as automobiles and BPO/ITeS witnessed substantial hiring increases as well. Overall, metropolitan areas like Hyderabad and Pune led in job growth during this period.

    AI could change how young employees start their careers in India: IIT Madras Paper

    Artificial intelligence (AI) could reshape entry-level jobs in India by automating routine tasks and changing the responsibilities of junior employees, even when their entire roles are not eliminated, according to a white paper by the Centre for Responsible AI (CeRAI) at IIT Madras.

    AI is rewriting the rules of investment for India's big-ticket players

    Private equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utilized to assess how it will impact revenues and competitive positions of companies. Investors are now focusing on AI capabilities and their potential to create value in various sectors. Additionally, AI is influencing negotiations by uncovering weaknesses quickly and enabling better assessments of business strength.

    From Rs 3,500 salary to Rs 1.5 crore per month: How this Ghaziabad man built an e-bike company with his wife's savings

    Ghaziabad's Krishna Grover, who started his career with a monthly salary of Rs 3,500, left his corporate job to build Herald E-Bike with support from his wife's savings. The Ghaziabad-based electric two-wheeler company now has 34 models, over 550 active showrooms and a reported monthly revenue run rate of Rs 1.5 crore.

    The economics of India's biggest export industry goes topsy-turvy

    India’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level hiring. Clients are demanding more output for less, while spending shifts towards AI, cloud and in-house capabilities.

    How AI is transforming India’s BPM industry

    India's business process management landscape is remarkably transforming as it embraces artificial intelligence and smarter operations. This change signifies a shift away from age-old cost-centric models, aiming instead for tangible business results via cutting-edge technology. Leaders within the industry highlight the importance of novel workflow strategies, necessitating advanced skills and compliance mechanisms. With AI's growing presence, workforce roles are set to adapt, emphasizing critical decision-making and oversight.

    The Economic Times
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