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India as companies in sectors such as technology, professional services and consulting, fast-moving consumer goods (FMCG), healthcare and pharmaceuticals, banking, financial services and insurance (BFSI), and manufacturing are increasingly appointing gig workers to meet talent needs. This comes at a time when the traditional or full-time white collar job market has plateaued or shrunk in some sectors amid macroeconomic headwinds. The number of freelance projects on gig platform Flexing It rose 25% in the January-June period from a year earlier.

During meetings in Washington, Intel Corp’s Pat Gelsinger, Nvidia Corp’s Jensen Huang and Qualcomm Inc’s Cristiano Amon warned that export controls risk harming US leadership of the industry. The Biden officials listened to the presentations but didn’t make any commitments, said the people, who asked not to be identified because the talks were private. The chip industry is trying to navigate increasing tensions between China and the US.

The virtual town hall, a 50-minute call starting around 11 am, had Mohit assure employees that the company will no longer delay variable pays, incentives and will ensure that there are no more layoffs, attendees of the call told ET.Also read | Byju’s breaking bad: Will Indian startups feel the aftershocks? A Byju’s spokesperson told ET that the town hall was planned well in advance, to mark the completion of one year of the business unit. “We are not aware of any employee protests.

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Joe Biden's alleged involvement in an international bribery scheme, Republicans swiftly reacted with strong criticism, some even calling for his impeachment, according to a Fox report. Senator Chuck Grassley from Iowa, a Republican, made the FD-1023 form public earlier in the day. The document purportedly outlined how President Biden, along with his son, Hunter Biden, was involved in coercing Burisma CEO Mykola Zlochevsky to pay them millions of dollars in exchange for their assistance in removing the Ukrainian prosecutor investigating the company, as per the Fox report.

Private sector life insurer HDFC Life Insurance on Friday reported a 15.31% year-on-year growth in its net profit at Rs 416.72 crore for the first quarter this fiscal on a consolidated basis, aided by over 16% year-on-year increase in net premium income.

In this digital age, credit cards have become an indispensable financial tool as they offer convenience, security, and various rewards and benefits. However, most people tend to ignore some of the key features of credit cards. One essential feature that often goes unnoticed is the interest-free period — a grace period during which cardholders can make purchases without incurring any interest.

U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race to undermine China's dominance of the field. The IRA includes a clause that automatically qualifies EV battery materials recycled in the U.S. as American-made for subsidies, regardless of their origin. That is important because it qualifies automakers using U.S.-recycled battery materials for EV production incentives. Reuters interviewed more than a dozen industry officials and experts who say that is kicking off a U.S. factory building boom, encouraging automakers to research more recyclable batteries, and could eventually make it harder for buyers in developing countries to buy old used EVs.

Hindustan Zinc Limited (HZL), a subsidiary of Vedanta Limited. He was previously appointed as Deputy CEO of HZL in November 2019 and elevated to CEO & Whole-Time Director from August 2020. Since June 2022, Mr.

Titagarh Wagons Limited) reported a net profit of ₹61.78 crore in the June quarter against a loss in the corresponding quarter last fiscal. The company reported a net loss of ₹600,000 a year ago. The rail wagon manufacturer's net revenue jumped 107.5% to ₹914.65 crore in the quarter.

New Delhi: Homegrown lifestyle brand Fabindia has partnered Dolomite Restaurants Pvt Ltd to open Jamie Oliver’s branded cafes at many Fabindia Experience Centres across the country. Dolomite Restaurants is the master franchise of Jamie Oliver brands in India and operates Jamie’s Italian, Jamie’s Pizzeria, Jamie’s Diner and Jamie’s Cafes. Fabindia operates 357 stores in 127 locations across the country, apart from 13 international outlets.

Elon Musk recently announced his latest startup, xAI, will be focused on artificial intelligence. According to the company’s website, the goal of xAI is to “understand the true nature of the universe.” The xAI team will be led by Musk and others who have previously worked with OpenAI, DeepMind, Google Research, Microsoft Research, and Tesla. 

New Delhi: Energy Efficiency Services Limited (EESL) and international non-profit organization CLASP signed a pact to support EESL’s 10 million energy-efficient fans programme, which will help support India’s transition to net zero carbon emissions. Under the partnership agreement, CLASP will support ceiling fans market transformation programme with technical assistance and capacity building to EESL on Quality Assurance and Quality Control (QAQC).

Garuda Aerospace will collaborate with Goa's Department of Agriculture to conduct a drone yatra, an initiative boosting the usage of drones in this sector. The company in a statement said that the Goa Agriculture Department has invited them to collaborate in conducting the initiative of the Drone Yatra aiming to create awareness and promote the adoption of drone technology in agriculture.

CLASP and Energy Efficiency Services Limited (EESL) signed a Memorandum of Understanding (MoU) at a side-event on «Accelerating India's Net Zero Transition through Energy Efficiency, Sustainable Cooling & Mobility» at the 14th Clean Energy Ministerial (CEM14) to support EESL's 10 million Energy-Efficient Fans programme, which will help support India's transition to Net Zero Carbon Emissions. The event was attended by members of the Ministry of Power, Bureau of Energy Efficiency, State ministers from Andhra Pradesh and Orissa among others.

₹357 crore which was a sharp decline from ₹6,444 crore in the corresponding period last year. Paytm founder and CEO Vijay Shekhar Sharma talked about the growth of the business on Saturday and said Paytm expects to generate free cash flow by the end of this year.

One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial services and commerce business. «We are on our committed guidelines of becoming free cash flow positive by the year-end,» Sharma said.

We spoke to Kirti Seth, CEO of IT/ITES Sector Skills Council, Nasscom, to understand how the skilling ecosystem is shaping up to meet this challenge. The question that often arises for professionals looking at tech jobs is where can they get access to the right quality of skilling programmes that are demand-led and that can enable practical job readiness.The tech skilling opportunities Industry has been investing a lot in upskilling and internal training, especially in the IT/ITeS sector. Apart from that, there are many government programmes for skilling, in the ITeS area. Today, there are also more collaborations among industry and the skilling ecosystems. One such skilling option is through the Future Skills Prime Platform, which outlines different pathways for job roles based on detailed competency frameworks.

YES Bank on Saturday reported a 10.26% year-on-year (YoY) rise in its standalone June quarter profit at Rs 342.52 crore. The private lender's bottomline was higher than analyst expectations. Its net interest income was up 8.1% from a year ago and stood at Rs 1,999.6 crore.

Healthcare focussed venture capital firm W Health Ventures recently invested $30 million in Healthcare Venture Studio 2070 Health. The studio will invest in 15-20 start-ups in the health tech space over the next four to five years. 2070 Health will help founders test, launch, and iterate their ideas.