INDIA AI TALENT
State's stalwarts set to spotlight ET's Bengal summit
Bengal Ascends will be held on November 24 at ITC Sonar in Kolkata, gathering key industry stakeholders. Chief Minister Suvendu Adhikari, along with other ministers, will share their vision and seek industry feedback. Discussions will focus on revitalizing West Bengal's traditional industries and leveraging tech talent for new opportunities.
Huang's China affair may fix Howard Lutnick, the man who wanted to fix India
Howard Lutnick faces a precarious future as the US commerce secretary, as divergent policies surrounding AI chip sales come into play. With Treasury Secretary Scott Bessent pointing fingers at Lutnick for delays in sanctioning the China-affiliated Megaspeed, things heat up. Complicating matters further, President Trump had previously endorsed specific chip sales to China, raising national security alarms.
Simplify Alpha™ opens AI engineering and innovation center in Hyderabad, joined by Simplify Healthcare® and SimplifyX™
Hyderabad joins Pune and Mumbai as the third India location for the Simplify Group™ companies, adding capacity for customer delivery and growth.
MeitY flags physical AI data; US data centre woes may help India
Happy Friday! MeitY is examining how home services platforms collect household data to train physical AI models.This and more in today’s ETtech Morning Dispatch.
AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder Gopalakrishnan
His comments come as widespread layoffs occur across large tech companies including Qualcomm, Oracle, Microsoft and Amazon, triggering fears of large-scale job losses also in software services, which has been India’s largest employment-creating sector over the past two decades.
Lights, camera... microdrama! Big showmen hooked on new gig in town
India's microdrama industry is experiencing significant growth, attracting investments from major entertainment companies and creators. Aamir Khan Productions and Excel Entertainment are launching a microdrama venture to produce high-quality content. Partnerships with creators and telecom companies will enhance the platform's offerings as the market expands. Despite challenges in monetization and audience retention, viewership for microdramas continues to rise steadily.
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‘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.
ET AI Awards 2027 are here: Discover if your AI innovation is ready for the spotlight of a national stage!
Celebrating the future of technology, the ET AI Awards 2027 acknowledges key innovations and leadership in AI from various industries in India. With an impressive array of over 40 categories, these awards emphasize the importance of AI developments by startups, SMEs, and large enterprises, offering a valuable stage for recognizing their contributions to the AI ecosystem.
India ranked an 'AI Rising Contender' by BCG, built on talent rather than compute
India has been identified as a Rising Contender in artificial intelligence by Boston Consulting Group's latest report. The country benefits from a large pool of skilled AI professionals, bolstered by returning talent from abroad. The government has implemented training programs to upskill millions of citizens and broaden access to AI knowledge.
Bigger cheques, fewer winners in India’s AI boom
Indian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant investments, application startups faced declining funding and challenges in securing customers. Large transactions constituted most of the total funding, highlighting a disparity in investment distribution.
IIFL Finance shares rally 5% as Blackstone leads Rs 6,414 crore capital infusion
IIFL Finance shares surged on Wednesday after the company announced a Rs 6,414 crore capital infusion led by Blackstone, which will invest Rs 5,000 crore. The fundraise, also involving promoter investments and Anchorage Capital, aims to strengthen capital adequacy, lower funding costs and accelerate growth in secured lending.
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.
ShareChat hires creative directors as AI cuts microdrama costs by 40%: CTO Nitin Jain
Nitin Jain told the Economic Times Digital that AI has lowered the barrier to entry for creators, while the company's engineers now supervise AI-written code instead of writing it by hand.
It's the ecosystem, stupid! Anand Mahindra celebrates India's rise to the top 3 in the AI race, beating the UK, Japan and South Korea
Anand Mahindra has welcomed India's rise to the top three in Stanford's global AI vibrancy rankings, ahead of countries such as Japan and South Korea. He believes India's software talent, systems integration expertise and huge domestic market could give it a significant advantage in the global AI race. Explaining his optimism, Mahindra said the next big AI opportunity could come from applications, industry-specific expertise and enterprise-wide adoption rather than chips and foundational AI models.
Ode to a compassionate algorithm: Philanthropists are backing AI for public good
From Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are writing cheques for AI that can diagnose diseases, empower teachers, modernise courts and strengthen public services, betting that the technology can create social returns as significant as commercial ones.
Wipro reappoints Angan Guha as head of Americas 2
The move comes after Suzanne Dann, the former CEO for Wipro’s Americas-2 Strategic Market Unit, stepped down in April to pursue opportunities outside Wipro, India’s fourth largest IT services company.
Investors in other markets would be envious of India multiples: Rich Handler, chief executive of Jefferies
Jefferies CEO Rich Handler believes Indian equities remain reasonably valued despite the market correction and says easing long-term capital gains taxes could attract foreign investors. He sees opportunities in India's AI and data centre sectors, argues that global capital outflows reflect external pressures, and believes concerns about an AI bubble warrant a healthy pause rather than alarm.
TReDS sees a festive boost; Nykaa’s growth strategy
Happy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.
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).
Indian GCCs set to add 35k jobs in 2027
ANSR expects these jobs – ranging from 30,000 to 35,000 - to be added by 160-175 new greenfield GCCs amid an increasing number of inquiries from US mid-sized companies. The caveat emptor: Experts say this interest is yet to translate into plans for large-scale relocation of jobs from the US.
GCCs ramp up hiring for AI, data, cybersecurity professionals; face talent shortage: Report
India's GCCs are directing a greater share of technology recruitment towards specialists who can deploy AI, manage data and secure enterprise systems, according to the India GCC Tech Talent Landscape - Q2 FY27 Report by staffing and workforce solutions provider Quess Corp.
68.4% respondents in survey plan job change in 2027; half seek 31%-plus pay hike: Survey
According to a recent survey, 68.4 percent of Indian professionals are planning to explore new job opportunities in 2027. Career growth is identified as the primary motivation for changing jobs, with high salary expectations influencing decisions as well. The report highlights that most professionals feel confident about their job prospects in the evolving job market. Many are actively engaged in upskilling, especially in AI.
AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter
In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.
AI turns cyber threat into boardroom crisis
In India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s digital certificate keys exposed websites to potential attacks.
Unilever announces €35 million investment for R&D expansion in India’s Mumbai and Bengaluru hubs
Unilever announced a plan to invest an additional €35 million in its Indian research and development operations. The investment aims to enhance product innovation and biotechnology capabilities at its Mumbai and Bengaluru centers. Unilever has already invested €20 million over the past five years towards developing various research facilities in India.
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.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
India’s IT sector needs a new talent architecture
Growing demand for AI-related services is challenging providers, as they struggle to generate significant revenue. Companies must redesign their workforce models to capture opportunities in an AI-driven market. Existing talent architectures focus on old skill sets and hierarchies, which are becoming less relevant. Investing in specialized roles and capabilities will better align with the new market demands.
NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027
The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city as a base for developing specialised technology capabilities. Its focus areas include healthcare and life sciences, automotive, manufacturing, high technology, AI and data.
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