KEC International to speed up mechanisation, automation to compensate for COVID-induced labour shortage
The COVID-19 pandemic and the subsequent lockdown prompted millions of jobless migrant workers to flee cities and return to their home towns.
Last year, ABB India hived off its power grid business and created ABB Power Products and Systems India.
Mindtree Q4 net profit up 3.9% at Rs 206 cr, closes FY20 with wins of $1.2 bn; says well-equipped to handle global crisis
With 21,991 employees, Mindtree 12 months attrition was at 17.4 percent.
Bengaluru retains tag as highest paying city, Hyderabad comes second; IT professionals command highest salaries: Report
Bengaluru had topped the list in 2017 and 2018 Salary Trends report as well
Demand for emotional intelligence skills set to soar six-fold in response to rise in AI, automation: Report
Sixty-one percent of executives surveyed said emotional intelligence will become a “must-have” skill in the next 1-5 years, and 41% of employees in non-supervisory roles echo the sentiment.
Hexaware Technologies buys US-based Mobiquity Inc for $182 mn to expand cloud, automation service offerings
Indian IT services company Hexaware Technologies Ltd said on Friday it bought privately owned Mobiquity Inc for $182 million, to expand its cloud and automation service offerings
Pepper, a “receptionist” robot can hold a conversation and also dance with customers.
Around 85% of Standard Chartered Bank's payment transactions, over 80% of the overall banking transactions by the 24-35 age group and 83% of the application onboarding is presently being done digitally.
Ericsson's Bengaluru facility will create 150 jobs for data scientists, engineers, ML and AI architects
Poor investment in upskilling employees makes automation futile, big companies lagging in developing training programmes: Report
In the majority of companies (58 percent), automation is not yet meeting executives' desired goals of increased productivity, said the report
Infosys is also focusing on localisation and wants to build digital centres in different parts of the world
US unemployment rate is at lowest level since 1969 when it reached 3.5 percent; 'prosperity is new normal' claims White House
The U.S. unemployment rate fell to 3.7 percent in September — the lowest level since December 1969 — while hiring slowed.
Infosys to expand in Southeast Asia with Temasek joint venture; to have majority stake in Singapore venture
Headquartered in Singapore, the Infosys-Temasek joint venture will have more than 200 employees and contractors from Trusted Source, while Infosys staff will join over time.
Despatches from an H1B wasteland amid India-US 2+2 talks: How a non-immigrant work permit has occupied frontlines of US politics
Behind the present day backlash on H-1B visas are cold, hard numbers that say the H-1B cost advantage has vanished, especially if you add the cost of nuisance value which comes bundled with the H-1B process
US midterm elections 2018: Top data cruncher bullish on Democrats' edge, gives party 3 in 4 chance of taking House majority
America’s best known data cruncher on elections Nate Silver is bullish on Democrats winning the House at the midterm elections 2018. FiveThirtyEight is giving Democrats a 3 in 4 chance of winning enough seats for a majority and it comes with a big caveat: “Relatively small shifts could allow Republicans to keep control of the House, or could turn a blue wave into a tsunami.”
US midterm elections 2018: Donald Trump predicts hardline immigration agenda will power Republicans to victory; says America will see a 'red wave'
US president Donald Trump sharply accused congressional Democrats of allowing open borders and crime to fester, using a White House event on Monday to stoke a fall campaign fight over immigration and the U.S. southern border.
Donald Trump embraces racially tinged rhetoric in midterm election season, hoping for strong conservative turnout
Democrats are pinning their hopes of flipping control of Congress on mobilizing liberals and minorities, particularly black voters. And Republicans' best chance of holding off a Democratic wave is strong turnout among the conservative white voters who helped sweep Trump into office and often cheer his willingness to dive into hot-button issues with racial overtones.
In US midterm election season, Donald Trump economic fiction on 'record' GDP and jobs cites figures that don't exist
US President Donald Trump is distorting the truth on U.S. economic growth and jobs, pointing to record-breaking figures that don't exist and not telling the full story on black unemployment. He cites the highest-ever gross domestic product for the US that's not there and predicts a spectacular 5 percent annual growth rate in the current quarter that hardly any economist sees.
While technologies will eliminate some jobs, it will also create some jobs that will support the "automation economy".
Empower women to turbocharge India’s productivity, don’t point fingers at politicians, don't obsess over manufacturing, says Mastercard CEO Ajay Banga at New India lecture in NY
Mastercard CEO Ajay Banga speaking in New York made a strong and nuanced case for turbocharging India’s productivity by bringing more women out of their homes and into the workplace and moving away from a manufacturing led thinking on growth.