TALENT ACQUISITION
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.
7 reasons why organisations & HR leaders should nominate for the ET HR Excellence Awards 2027
The ET HR Excellence Awards 2027 celebrate the transformative efforts of organizations and HR leaders making a significant impact in workplace culture. These prestigious awards shine a light on initiatives that enrich employee experiences and show real business results. Now is the time to submit nominations and share your stories of success in the dynamic world of HR.
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.
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.
Zee expands sports portfolio, secures exclusive PGTI multi-platform rights
Zee Entertainment Enterprises has acquired exclusive rights to broadcast the Professional Golf Tour of India. This partnership will feature 20 tournaments and provide up to 120 hours of live coverage. Bavesh Janavlekar stated that this collaboration aims to enhance the visibility of Indian golf. The initiative seeks to reach a broader audience, including both golf enthusiasts and new fans.
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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.
Buffett reveals what a company director is paid for 6 meetings a year, then asks one question that explains everything
Warren Buffett sat on the boards of 21 companies over 62 years, and in this letter he explains how the people who are supposed to guard your money actually get chosen. He then reveals what the job pays for a few days of work a year, points out that the word independent has come to mean close to its opposite, and names the one thing he looks for in the directors of companies he owns. By the end you will have two questions to ask of any annual report, and nobody in the governance business is going to ask them for you.
Canva layoffs: CEO Melanie Perkins calls job cuts ‘hardest moment’ in company's history, says ‘deeply sorry’. Read full letter
Canva Group, recognized as a prominent Australian graphic design platform, is set to undergo significant changes with a restructuring plan that impacts its workforce. The company has announced the elimination of 1,271 jobs, representing about 22% of its total employees. After a decade of steady growth, this move aims to optimize operations.
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.
IT firms turn to acquisitions to boost revenue growth
The contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has therefore become a significant part of the firm’s reported revenue base.
Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp
The Indian stock market continues its upward momentum, with the Nifty 50 showing a robust rally and hitting significant resistance levels. Major players like NSE and SBI have posted remarkable quarterly results, illustrating their strong profitability and revenue growth. Firms such as Happiest Minds Technologies and the Multi Commodity Exchange of India contributed positively to the market's performance.
As HR takes on a larger business role, are organisations recognising the teams driving that change?
The Economic Times HR Excellence Awards 2027 spotlight the transformative nature of HR within organizations, underlining their crucial role in shaping business strategy, fostering talent development, and enhancing employee experiences. With six distinct award categories such as Talent Acquisition and Employee Experience, this initiative serves to honor HR teams that significantly boost organizational performance and drive workforce change.
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.
Pharma company Gufic buys luxury duplex in Mumbai’s Juhu for over Rs 236 cr
Gufic has made a significant real estate purchase with the acquisition of a luxury apartment in Mumbai. The duplex is located in the upscale Lodha Avalon project on Juhu Tara Road, featuring 19,694 square feet of space. This transaction, valued at Rs 236.33 crore, highlights the ongoing demand for luxury residential properties in the city. The purchase also involved a considerable stamp duty of Rs 14.18 crore for registration.
Govt sets up banking committee under Suresh N Patel to chart reforms for Viksit Bharat
The government on Friday constituted a High Level Committee on Banking for Viksit Bharat, appointing former Central Vigilance Commissioner Suresh N Patel as its chairman. RBI Deputy Governor Shirish Chandra Murmu, former Indian Bank MD and CEO Padmaja Chunduru and former RBI Deputy Governor N S Vishwanathan are among its members.
Royal Challengers Bengaluru WPL Auction 2027 Players List: Jess Jonassen to Chloe Tryon, meet the new recruits and full squad
WPL 2027 Auction RCB Players List: Check the complete squad, players bought, auction prices, base prices and remaining purse. Royal Challengers Bengaluru enters the WPL 2027 auction with Rs 1.15 crore remaining in their purse. They aim to fill five slots, including two for overseas players, to enhance their squad depth. The auction is set to take place on October 28 in Kochi with 146 players available. Key retained players include Smriti Mandhana and Ellyse Perry among others.
AI to end billing by the hour at accounting firms as private equity changes ownership, says Eisner Advisory CEO Charles Weinstein
Private equity is significantly altering how professional services firms are owned and operated. AI is expected to redefine the delivery and pricing of services in these firms. Industry experts suggest that growth in India may mirror trends seen in the US market. The old partnership model is likely to face increased pressure from emerging competition. These shifts may hasten the separation of audit and consulting functions at major firms.
Travel, hospitality sector hiring to rise in H2 as 81% of employers plan workforce expansion
Hiring in the travel and hospitality sector will likely increase significantly in the latter half of this year. A report reveals that 81 percent of employers intend to expand their workforce by 12.3 percent. This demand spans various functions, including blue-collar roles, sales, and finance, reflecting diverse hiring trends. Geographically, Mumbai leads in expansion intent, followed by Bengaluru and Delhi.
India Inc wants AI talent to transform manufacturing space
Manufacturing firms are increasingly focusing on integrating artificial intelligence into their operations for efficiency. Companies such as Honeywell Technologies and RPG Group are actively searching for AI and digital leaders. These leaders are expected to bridge the gap between technological advancement and manufacturing processes. Companies are also searching for talent in overseas markets, particularly among Indian-origin executives.
Netflix taps ex-Apple executive to sharpen podcast push as YouTube rivalry heats up
Netflix has hired former Apple Podcasts executive Steve Wilson to oversee podcast content acquisition as it expands its presence in the sector. Wilson joins initially as a consultant, with Netflix facing competition from YouTube, which is offering creators millions of dollars to stay on its platform, while podcasting remains a small part of Netflix’s content spending.
Ather rides to profit; Pronto's US AI play
Ather Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
Meta eyes record $95 billion equity raise to fund AI expansion
The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a separate at-the-market share sale program worth up to $60 billion.
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.
AI efficiencies shield Q2 IT margins from transatlantic macro headwinds
HCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s increased 40 basis points to 14.8%, Wipro’s climbed 50 basis points to 16.5%, LTM’s edged up 10 basis points to 15.6%, and LTTS’ expanded 60 basis points to 16.3%.
Are Your Job Postings Driving Away Creative Talent?
Many organizations say they want innovative talent but undermine themselves with the wrong recruitment language. An analysis of 10,000 creative job postings and experiments with 2,000 job seekers show employers overwhelmingly emphasize words like “genius,” “visionary,” and “unique” over “curious,” “observant,” and “experimental,” when seeking to fill creative roles. Yet postings using “explorer” language attract more applicants overall, a more diverse pool, and candidates with stronger histories of creative achievement and openness to experience. Framing creativity as exploration and collaboration, rather than rare brilliance, is a low-cost shift that helps organizations hire the people more likely to spark creative change
ET HR Excellence Awards 2027: Recognising HR leaders transforming talent acquisition and shaping the future of work
The ET HR Excellence Awards 2027 celebrates the pivotal contribution of talent acquisition leaders to organizational success. By implementing efficient hiring strategies, these professionals not only enhance their credibility but also demonstrate their significant influence on refining recruitment practices, workforce planning, and developing sustainable talent pipelines that align with long-term business objectives.
Cognizant to buy Australia's DyFlex in its 3rd deal of 2026
Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition is expected to close in the first quarter of 2027, subject to regulatory approvals. DyFlex specializes in SAP transformation and is based in Australia and New Zealand. The deal marks Cognizant’s third acquisition in 2026 as it seeks to expand its services.
HR Team of the Year: Celebrating People strategies that drive business results
The ET HR Excellence Awards 2027 honors exemplary HR teams who significantly contribute to business growth through innovative talent management, robust employee engagement, and retention tactics. By acknowledging their tangible achievements, these awards provide organizations a stage to present their HR efforts and demonstrate their role in fostering improved workplace environments while achieving strategic objectives.
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