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News on Medial
Titan says to hire over 3,000 employees in next 5 years
Livemint
ยท
1y ago
Medial
Titan Company plans to hire over 3,000 employees as part of its efforts to become a โน1 lakh crore business in the next five years. The hiring will be in various domains including engineering, design, luxury, digital, data analytics, marketing, and sales. The company aims to strengthen its position in the industry and accelerate growth and innovation by bringing in experts from different fields. Titan also intends to increase the percentage of employees in engineering roles and expand its international workforce.
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NXP to double its India workforce to 6,000+ in five years
Economic Times
ยท
10m ago
Medial
Dutch chip manufacturing company NXP Semiconductors plans to double its workforce in India to over 6,000 employees within the next five years. The company also intends to invest $1 billion in research and development efforts in India, with a focus on hardware and software innovations, including a recent 5-nanometer chip launch for the automotive sector. Additionally, NXP Semiconductors aims to collaborate with Indian colleges to train and hire talent, particularly women, and expand its offerings to include complete system solutions by working directly with original equipment manufacturers.
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Apple set to scale up production India, employ 5 lakh people in next 3 years
Livemint
ยท
1y ago
Medial
Apple is set to expand its production in India and is expected to hire around 500,000 employees from the country over the next three years. The company plans to increase its production by five times to reach about $40 billion in the next four to five years. Apple had a successful year in India, achieving its highest revenue and doubling its iPhone exports from the country. Additionally, Apple is focusing on sustainability by investing in rooftop solar projects to power its offices and stores in India.
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Wipro is back hiring, plans to add 10,000 - 12,000 employees in FY25
Money Control
ยท
12m ago
Medial
Wipro plans to hire 10,000 to 12,000 people in FY25 to reverse its two-year decline in headcount. The company hired over 3,000 freshers in Q1 and is completing the onboarding of all offers made during the fiscal year. In addition, Wipro plans to hire a similar number of employees in FY26. The Chief HR Officer stated that the company is building muscle to be ready for growth and is focusing on its supply chain at the right time. Other IT companies, including TCS and Infosys, are also increasing their fresher hirings.
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Ahmedabad startup lets businesses hire AI agents like freelancers
Inshorts
ยท
2m ago
Medial
Ahmedabad startup ActionLabs.ai launched ActionAgents, a platform where businesses and individuals can hire AI agents just like freelancers. It also provides free credits to try the AI agents before paying to use them. Bootstrapped with โน20 lakh, the platform crossed 3,000 users in 8 weeks. Now, it plans to onboard developers and reach 1 million users in 2 years.
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Infosys invests Rs 230 crore in new development center in Nagpur
OutlookIndia
ยท
1y ago
Medial
Infosys has opened a new development center in Nagpur, Maharashtra. The facility, spread across 265,000 square feet and with an investment of over Rs 230 crore, aims to provide flexible working options and skill development for employees. The center will focus on next-gen technologies like AI and cloud and serve multiple industries. It can accommodate over 3,000 employees and follows green building standards for sustainability and efficiency. The inauguration was attended by Union Minister Nitin Gadkari and Deputy Chief Minister of Maharashtra Devendra Fadnavis.
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Chip startup Rivos says Apple intimidates workers who โdare to leaveโ
Economic Times
ยท
1y ago
Medial
Chip startup Rivos is counter-suing Apple, alleging that the tech giant enforces restrictive agreements preventing employees from working elsewhere, stifling emerging companies that hire its staff. Rivos and six ex-Apple employees are asking the court to rule Apple's non-disclosure and non-solicit agreements as "overbroad" and unenforceable. Apple had previously sued Rivos and former employees for allegedly luring away engineers and stealing proprietary information. The dispute revolves around "system-on-chip" technology. Rivos argues that Apple's agreements discourage employee mobility and competition. The case highlights concerns over trade secrets, employee mobility, and competition in the tech industry.
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QubeHealth Bags Funding To Offer Healthcare Credit Line To Employees
Startup News FYI
ยท
1y ago
Medial
Mumbai-based fintech startup, QubeHealth, has raised an undisclosed amount of funding in its pre-Series-A round from investors including Inflection Point Ventures and Green Ivy Ventures. The startup offers a payments system and healthcare credit line to employees with a group health insurance policy provided by their employers. The funding will provide QubeHealth a runway of up to two years and help it prepare for the upcoming Series-A round. The startup aims to increase its disbursed medical credit from INR 1,000 Cr to INR 3,000 Cr within the next three years.
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Nikhil highlights โน3,000 crore makhana industry's growth potential
Inshorts
ยท
5m ago
Medial
Zerodha founder Nikhil Kamath recently talked about the growing โน3,000 crore Indian makhana industry, which could double to โน6,000 crore in the next 2-3 years. Bihar produces over 90% of the worldโs makhana. Kamath praised brands like Mr. Makhana, Farmley, and Shakti Sudha and said thereโs potential to build a big Indian makhana brand for the global market.
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French company Teleperformance eyes India expansion
Economic Times
ยท
1y ago
Medial
French BPM company Teleperformance plans to expand its operations in India, aiming to add 60,000 employees and open 40 new sites in the country over the next three years. The company sees India as a key player in the global outsourcing market, with its talent pool, service breadth, and scale advantages. Teleperformance, currently one of the top 5 BPM companies globally, serves over 210 clients and intends to deepen its capabilities in India, including investments in artificial intelligence and automation. The expansion is part of a consolidation trend in the industry.
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Tata Electronics to Hire 35K Employees, Expand Hosur iPhone Hub
Inc42
ยท
9m ago
Medial
Tata Electronics is set to hire an additional 20,000 employees at its Hosur iPhone assembly plant, effectively doubling the workforce to 40,000. The move is part of Apple's plan to boost its manufacturing presence in India, with the company now producing one in seven iPhones within the country. Tata Group has actively invested in three major manufacturing units in Tamil Nadu over the last three years, providing direct employment for over 150,000 people in the state.
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