FRESHERS IN IT
BJP’s Sudhanshu Trivedi takes dig at Sonia Gandhi: “Gave up PM post, became Super PM"
BJP spokesperson Sudhanshu Trivedi has revived questions about Sonia Gandhi's influence during the UPA government, alleging that she functioned as a 'Super PM' after declining the top post in 2004. He cited her Cabinet Minister-ranked position as National Advisory Council chairperson, while Gandhi's memoir revisits why she chose Manmohan Singh to lead the government.
NSUI's Anas Khan suspended after allegedly offering money to female freshers for Diljit Dosanjh concert trip
Ramanujan College has suspended Anas Khan until February 2027, while NSUI says it had expelled him from the organisation in September over alleged indiscipline. The controversy has also prompted ABVP to seek a time-bound probe into alleged WhatsApp messages involving female freshers. The claims against Khan remain unproven.
BPO jobs on a seesaw as bots call the shots
Voice AI is driving call centres even as hiring grows, but the shift towards complex tasks leaves freshers scrambling for a new career ladder.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
AI could wipe out $200 billion of IT services work by 2030: BCG
BCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from paying for headcount to paying for outcomes.
Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%
Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology boosted revenue by 4.6% YoY to $5.66 billion, meeting its own guidance range of $5.60-$5.68 billion. In constant currency, or excluding the impact of exchange rate fluctuations, revenue rose 4.8% from a year earlier and 3.3% sequentially.

Ariana Grande, Taylor Swift and Billie Eilish embrace short hair; why are celebs chopping their hair short?
Ariana Grande revealed her chic jaw-length bob on October 22, 2026, a bold move in the beauty scene. Similarly, Billie Eilish showcased her new shorter locks, underscoring a celebrity hair trend this fall. The bob haircut's adaptability makes it a popular choice suitable for diverse hair textures and face shapes, proving its timeless appeal as it merges classic elegance with contemporary flair.

88% Indian firms want FDEs by 2030; only 1% of engineers fit the bill: Scaler-CMR report
According to India's FDE Opportunity Report, enterprises are hiring for AI deployment and customer-facing skills, but those are the skills engineers lack most.

Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotion
Keep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose important events to the stock exchange and most of them explain their numbers to analysts. Long before you find an email from your HR, the company has already announced its hiring freeze or restructuring plans in its earnings call.

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.

IT's time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008
The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quarterly results from companies like HCLTech. The Nifty IT index jumped 11.7%, amidst falling semiconductor stock prices in Asia. Furthermore, the rupee showed notable strength, closing below the 95-mark for the first time in 38 days, reflecting the effective measures implemented by the Reserve Bank of India.

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.

“They don’t understand how business works,” Publicis Sapient global CPO on hiring fewer freshers
Kameshwari Rao says graduates need business knowledge to assess AI-generated work, as clients push for fewer people and more outcome-based billing.

Groww Q2 profit jumps; Hocco eyes big funding scoop
Groww reported strong quarterly earnings in the July-September period. This and more in today’s ETtech Top 5.

AI skills redraw entry-level jobs map as IT-BPM fresher hiring rebounds
Companies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised roles

HCLTech's Q2 net profit up 21% to Rs 5,132 crore; revenue climbs 11%
The strong numbers guided India's third largest software services company to raise the lower end of the revenue forecast for the full year ending March 2027. It narrowed the FY27 revenue outlook to 2.5-4% from 1-4%, maintaining caution on business demand despite robust growth.

IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%
IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students.

HCL Tech Q2 Results: Profit jumps 21% YoY to Rs 5,132 crore; co declares Rs 12/share dividend
HCL Tech Q2 Results: HCL Tech reported a 21% year-on-year rise in Q2 FY27 net profit to Rs 5,132 crore, while revenue grew 12% to Rs 35,620 crore. The IT major declared an interim dividend of Rs 12 per share, retained its FY27 margin guidance and reported strong AI revenue growth and deal wins.

TCS to hire 80 pc of workforce with digital, AI skills; AI work to expand profitability
TCS expects about 80% of its new hires to have digital and AI-related skills as the company shifts towards more AI-led work. With AI-linked revenue already accounting for around 10% of its business, TCS also expects a greater share of such deals to support margins, while continuing to invest in niche talent, acquisitions and partnerships.
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