Edition 8: Weekly Industry News and Trends
September 10, 2024
Welcome to the eighth edition of Weekly Industry News and Trends. We are excited to present this newsletter to provide HR leaders with curated global news, with a special focus on India, to keep you informed about the latest market trends and developments. Our aim is to deliver concise, insightful updates every Tuesday, complete with links to the original sources for deeper exploration.
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01. Company/ Hiring News:
Covers company-specific news and major hiring news -
Infosys issues offer letters to 1000 freshers of 2022 batch, after 2.5 years of campus hiring READ MORE
Hexaware Technologies files draft papers for Rs 9,950-crore IPO, biggest in IT services READ MORE
Honoring previously made offers priority; plan to hire 12,000 staff in FY25: Wipro READ MORE
AllcargoGATI to hire over 3000 personnel ahead of festive season READ MORE
Elfonze Technologies announces major expansion, plans to hire over 200 new talents READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
AI isn’t killing jobs yet, it’s reducing hiring needs READ MORE
Led by smaller cities, seasonal hiring to jump 20% this festive season READ MORE
71% of leaders prefer hiring candidates with AI skills over those with the relevant industry experience READ MORE
IIT Bombay minimum package drops to 4 Lakh, no jobs for 25% graduates READ MORE
India’s travel & tourism market likely to grow to $34.1 billion by 2029 READ MORE
India’s IT hiring stagnates, but AI and ML jobs surge 14% in August READ MORE
India's hospitality industry to grow at 10.5% over next three years READ MORE
Visa partners with skill India to up skill 20,000 youth for India’s booming tourism industry READ MORE
Indian pharmaceutical industry expected to reach $55 billion by 2030 READ MORE
Maharashtra approves $10 billion semiconductor fab unit by Adani, Israeli firm READ MORE
UK regulators clear Microsoft hiring of AI startup's workers READ MORE
India GCC Sentiment:
Karnataka govt to launch India's first GCC policy next month READ MORE
03. Expansions and M&A
Covers company expansions and M&A news -
Peoplefy moves to new office in Pune, signifying growth and future expansion READ MORE
Clarity Benefit Solutions expands into India with strategic acquisition READ MORE
M&A News:
Palo Alto Networks acquires IBM QRadar in $500 million deal READ MORE
04. Diversity Initiatives
Covers company DEI initiatives and recent developments -
India Inc extends gender diversity push to temporary hiring for festive season READ MORE
IndiGo (InterGlobe Aviation Ltd) gender-specific seating for women travelers sees 60-70% rise in August READ MORE
Biocon is targeting to be a gender parity company by 2030 READ MORE
Wells Fargo launches transgender persons hiring program in India READ MORE
05. Leadership Highlight
Covers leadership movements and hires -
Ecom Express Limited appoints Swati Mor as chief human resources officer READ MORE
Microsoft appoints former AWS head Vaishali Kasture as GM for India and South Asia READ MORE
Rodrigo Kede Lima joins Microsoft as new President for Microsoft Asia READ MORE
Prasad Routray appointed as the co-founder and CSO of Zyvka READ MORE
The news/ content presented in this newsletter is curated from various external sources. We do not claim ownership of the news articles or express any opinions on the information provided. This newsletter aims to keep HR leaders and professionals informed about current industry developments on a weekly basis. All external content remains the property of the respective authors and publishers. Any views or opinions expressed in the external articles are those of the authors and do not necessarily reflect our views. We are not responsible for the accuracy, completeness, or reliability of any information contained in the articles shared.
