CAMPUS HIRING
‘The MBA model will remain the same. The content will change’: IIM Ahmedabad director
IIM Ahmedabad is gearing up to unveil a cutting-edge executive MBA program in Dubai, specifically designed for senior leaders. This initiative seeks to bolster managerial expertise and align with the needs of an AI-centric landscape. The innovative curriculum will incorporate AI concepts, alongside knowledge from industry pioneers, evolving traditional MBA structures to address the challenges posed by emerging technologies.
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Rippling steps up AI hiring in India, looks to expand enterprise push
The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.
Is your HR strategy creating measurable impact? This could be the time to get it recognised
The Economic Times HR Excellence Awards 2027 shine a light on exemplary HR practices within various organizations, teams, and leaders. Encompassing 42 categories, the awards highlight significant accomplishments in realms like HR transformation, talent acquisition, employee experience, and workplace culture, showcasing how effective people strategies can directly enhance business performance.
Four UK universities in India offer early recruitment access to 250 postgraduate students graduating in 2027
Four UK universities operating campuses in India are scheduling a placement week for postgraduate student recruitment. This initiative allows employers to interview candidates before graduation and streamline hiring processes. Students participating have an average of 2.4 to three years of work experience across multiple industries.
Goldman Sachs asked her to take down her baking TikToks, but this Gen Z employee had other plans; she quit Wall Street instead and is now turning her baking side hustle into a full-fledged business and made cakes for Gigi Hadid, others
Allison Sheehan, a former Goldman Sachs employee, faced conflicts with the firm's compliance team regarding her baking business. She decided to leave her finance career to fully focus on her cake business. After resigning, her production increased significantly, allowing her to create between 10 and 30 desserts each week. She is now exploring expansion plans for her company, including the potential for retail sales.
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US semicon gear giant KLA eyeing India manufacturing
KLA makes advanced inspection tools, metrology systems, process solutions and computational analytics for manufacturing semiconductors and related technologies. The Milpitas, California-headquartered firm has operations spread across 18 regions and reported a revenue of $12.74 billion in CY2025.

US wealthtech firm AssetMark opens GCC in Hyderabad
The centre will support the company’s global technology and business operations, including engineering, operations and product management. AssetMark has operated in India through an outsourcing model for nearly a decade and is now bringing a dedicated team in-house.

ET HR Excellence Awards 2027: Exploring 40+ categories across Organisation and Team Excellence, and Leadership Honours
The ET HR Excellence Awards 2027 honor groundbreaking efforts from organizations, HR professionals, and leaders aimed at improving workplace culture and overall performance. Covering 42 award categories, this prestigious event celebrates excellence in talent acquisition, employee engagement, and HR technology, underscoring the essential role that HR plays in facilitating business transformation.

A stone fell onto an Iowa prairie in 1890; a farmer dug up a 66 pound meteorite and sold it for $105
In 1890, an Iowa farmer sold a 66 pound meteorite for $105. A sheriff seized it, the buyer’s university took it back, and the Iowa Supreme Court ruled it belonged to the landowner. A jury later priced the stone at $480.

Over 20% Indian college students already started business: IIT Mandi survey
A survey conducted by Indian Institute of Technology Mandi reveals 22 percent of Indian college students have started businesses. The proportion of students aiming to start after college has risen to 16.2 percent. The survey indicated that 31 percent of student businesses began in 2025 with regular sales. Furthermore, 41 percent of student founders previously closed earlier businesses before starting again.

A stone fell onto an Iowa prairie in 1890; a farmer dug up a 66 pound meteorite and sold it for $105
In 1890, an Iowa farmer sold a 66 pound meteorite for $105. A sheriff seized it, the buyer’s university took it back, and the Iowa Supreme Court ruled it belonged to the landowner. A jury later priced the stone at $480.

Software majors add more hands in Q2 on deal wins, growth optimism
Data showed the top six had added a net 5,500 to their rolls in the April-June quarter. Employee data of Infosys, the country’s second-largest software exporter, isn’t included in these calculations as the company is due to announce earnings on October 23 and hasn’t shared its latest manpower data.

As job placements near, India Inc taps old IITs for AI roles
Old Indian Institutes of Technology are experiencing a notable rise in pre-placement offers and demand for AI roles. Companies are adapting to new technologies, which affects entry-level hiring across various sectors. Emerging opportunities in AI, data, and analytics are increasingly available to students with relevant skills.

Two childhood friends turned a college note-taking problem into an AI business that generated more than $13 million by age 21
Turbo AI, founded by Sarthak Dhawan and Rudy Arora, is a groundbreaking note-taking app that rapidly grew its user base. From their roots as college students to thriving entrepreneurs, they showcased effective marketing and innovation. Their strategic use of social media helped them amass 300,000 users and generate $500,000 in revenue soon after launch. Their journey also taught them invaluable lessons from previous endeavors.

TCS, Microsoft respond to US PERM suspension, reaffirm commitment to American workforce
Tata Consultancy Services has been suspended from the permanent labour certification programme by the US Labour Department. This suspension affects eight major technology companies including TCS, Infosys, and Microsoft. TCS stated that this will not impact its hiring strategy or engagements with clients. The company intends to hire 15,000 workers in the US over the next five years.

PERMafrost without bite: Indian IT must stop treating every US rule change as a crisis to be lobbied away, fix lies elsewhere
US Labour Secretary Keith Sonderling has suspended eight companies from the Permanent Labour Certification Programme, significantly impacting their operations. Companies primarily delivering services from India are affected, hindering their ability to hire foreign workers. This situation is anticipated to push Indian tech talent to consider alternatives, including returning to India. The decision may also disrupt ongoing trade discussions between the US and India regarding skilled labor mobility.

AI crowds out fresh grads at Wall Street tech hubs in India
The landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mundane tasks, the demand for conventional positions dwindles. This reality compels new graduates to acquire advanced skills for job acquisition. In response, universities are incorporating AI-focused programs to better equip students.

'Cornell 7' Frat brother reportedly claimed 'Jane Doe' assaulted him - and said school didn’t care he was a sexual-assault 'survivor'
In a troubling turn of events, Matthew Ingalls, a fraternity member, asserts that he was sexually assaulted by Jane Doe due to his intoxication in October 2024. Jane Doe filed a report regarding the incident in question with the Cornell Police in November, about three weeks after the event took place. An internal investigation carried out by Cornell reportedly led to the expulsion of two students, with Ingalls being one of them, while others faced disciplinary action.

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.

AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh Nambiar
Nambiar said large IT and BPM companies have cut back on campus hiring over the last three years, which is not expected to change while the industry is in the middle of its shift to AI.

Cheating in hiring assessments takes an AI-turn
Cheating in recruitment assessments has dramatically increased, with 45% of tests flagged for integrity issues. AI-assisted methods have surged in use, transforming traditional cheating tactics into sophisticated techniques. Employers are now challenged to adapt their hiring processes to counteract these advanced cheating methods. Interview fraud is also rising, as candidates misrepresent their skills and identities. Continuous innovation in detection and verification is essential for maintaining recruitment integrity.

IIT, IIM paychecks hit pause as median campus salaries stay flat for Class of 2027
IIT graduates from the Class of 2027 are expected to see median compensation remain flat at Rs 16.46 lakh per annum, while top IIM packages are projected to hold at Rs 26 lakh, according to Aon’s Campus Study Report. Tier-1 engineering and management colleges, however, are expected to see increases as employers become more selective and focus on skills and job readiness.

AI is pushing India campus hiring towards skills and job readiness
India’s campus hiring market remains resilient, but employers are becoming more selective, with demand concentrated in specialised skills, internships and job-ready graduates, according to Aon’s 2026-27 study. Hiring is expected to rise most for CA/CS graduates and interns, while campus pay is projected to increase modestly and internships remain a key route to full-time roles.

New York Governor Hochul pushes for investigation into Cornell's handling of a 2024 gang rape allegation
New York Governor Kathy Hochul has requested an investigation into Cornell University's response to a gang rape allegation. The allegation involves a woman claiming she was assaulted by seven students at the Chi Phi fraternity. While the lawsuit states she was incapacitated, the district attorney had initially opted not to prosecute. Cornell has acknowledged its own investigation and suspension of certain students over the matter.

a16z’s Raghuram isn't writing off India AI yet; insurers weigh new rules
Happy Monday! a16z’s Raghu Raghuram said India can build frontier AI companies by using its talent. This and more in today’s ETtech Morning Dispatch.

Infosys to move up to one-third workforce into specialist roles
The Bengaluru-based company is hiring from top Indian institutes and US campuses, often competing with AI labs for the same people, the management told its partners, advisers and analysts at a three-day annual Americas confluence in Washington, DC, last week, according to the people ET spoke with.

Festive hiring boosts diversity as women, PwDs gain wider job opportunities
In this festive hiring season, companies are championing diversity by expanding job opportunities, particularly for women and individuals with disabilities. This progressive shift in recruitment strategies highlights a commitment to inclusivity while catering to seasonal needs. Additionally, employers are prioritizing accessible job functions and safer environments, leading to a notable enhancement in India's temporary job market landscape.

Charlie Kirk assassination: Utah Valley University identifies security shortcomings around Turning Point USA event in independent review
An independent review concluded that Utah Valley University staff did not act with ill intent in Charlie Kirk's assassination. Yet, the investigation uncovered serious security oversights such as inadequate police presence and failure to monitor security cameras live during the incident. The Kirk family expressed their frustration and intends to hold the university accountable for the failures.
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