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The share of Gen Z employees - or those aged 30 and under - fell by about 5 percentage points last fiscal at Bengaluru-based Infosys, and by over 2.5 percentage points at Mumbai-based TCS. The trend underscores a tepid IT hiring climate amid industry turbulence, which have impacted onboarding of young talent the most.

NR Narayana Murthy and S Kris Gopalakrishnan discuss the transformative potential of Gen AI, the challenges of technology misuse, the benefits of technology adoption in banking, and India's potential to compete with China in business environment.

Nifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels, said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

Quick commerce, the buzziest sector in the consumer internet industry, is undergoing a significant transformation. We at ETtech have been tracking the sector super closely and bringing the biggest and most impactful stories to you, first.

ZEE Ltd has reported a net profit of Rs 13.35 crore for the quarter ended March 2024, compared with a loss of Rs 196 crore in the same quarter of last year.

SII said, in a statement on Friday that the partnership with IntegriMedical aligns with its vision of 'Health for All' and IntegriMedical's mission to 'transform healthcare globally' by providing patient comfort, ensuring increased patient compliance, reducing needle-stick injuries, and enhancing the efficacy of liquid medication via needle-free dispersion.

The face of the richest man in ancient history, based in Egypt, who was thought of and worshipped as God 3,400 years ago has been revealed using advanced tech, claim reports.

In terms of volume, total deals during the week stood at 18, compared to 32 a year ago, and 16 in the second week of May 2024. Sequentially, deal value went up about 3.3X from $35.2 million to $117.6 million.

Shares of DXC Technology slumped 18% on Friday, after the IT services provider unveiled a new revamp and forecast fiscal 2025 revenue and profit below estimates.

After recouping losses of previous week, Nifty is now targeting to reclaim the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels.

India markets closed in the green for three consecutive days. Realty, auto, metal and consumer durable stocks saw considerable buying action. Godfrey Phillips and Dixon Technologies hit fresh record highs.

The findings will inform evidence-based policy decisions, emphasizing the establishment of guardrails and the development of effective coping mechanisms to safeguard consumers, the IEIC said in a press statement.

A long buildup is formed when a stock price moves up and also the open interest on a counter. The signal is more dependable when the volume on a counter also sees an increase.

ICICI Direct, India's fifth largest broker, faced a technical glitch, affecting traders' access. Initially, a maintenance message appeared, delaying trading. The platform resumed around 10:20 am. Technical issues have plagued brokers like Groww and Zerodha recently.

Unlike counterparts in the developed world and China, Indian software makers including leader Tata Consultancy Services Ltd. have yet to make significant advances in generative AI. That combined with a still cloudy outlook for client spending may soon leave them looking like the tech bets of yesterday.

Stocks that were in focus include names like Tata Technologies, which closed flat, Apollo Tyres, which jumped 3.14%, and Vodafone Idea, whose shares fell 0.76% on Thursday.

Shares of ZEEL, JSW Steel, Godrej Industries, Glaxo and Sobha will be in focus as the companies will announce their quarterly results.

According to latest discussions, global investment firm KKR may sell around 10% stake in Mumbai-based tech-driven NBFC InCred but this may change depending on how the talks progress, sources told ET.

Dahiya plans to sell up to 54 lakh shares, while Alok Bansal intends to sell up to 29.70 lakh shares, valuing the deal at about 1,053 crore at the floor price.

Bharat Biotech asserted the safety of its Covid-19 vaccine, Covaxin, citing various studies published in peer-reviewed journals. This statement followed a report in The Economic Times regarding adverse events of special interest (AESI) reported by participants in an observational study on Covaxin. The company emphasized the need for comprehensive safety data in such studies, including comparisons with non-vaccinated subjects and those receiving other vaccines.

In a highly volatile trade, the 30-share BSE Sensex climbed 677 points or 0.93% to settle at 73,663. The NSE Nifty surged 203 points or 0.92% to 22,403.85.

On the call side, there are notable OI concentrations at the 22,500 and 22,900 levels, suggesting these as resistance levels to watch, with the 22,900 level approaching all-time highs.

Sensex, Nifty bounced back from days lows by nearly 1%. Hitachi Energy India, Oberoi Realty, Bharti Airtel were in focus on Thursday. According to an expert, Bharti Airtel seems to be consolidating in the range of 1,295-1,360 in the last few sessions.

Substantial portions of the proceeds from the sale will be used to make the payment of taxes on current and future ESOP exercises. ESOPs are subject to payment of taxes on exercise in addition to the payment of capital gain tax on the sale of shares. Post the sale Yashish Dahiya will continue to have a 4.83% stake and Alok Bansal will have a 1.63% stake in PB Fintech on a fully diluted basis.

The 7th Choose France Summit in Paris featured a dedicated France-India roundtable where TCS announced a Global AI Center of Excellence. The event highlighted the India-France strategic partnership and the upcoming Indo-French Year of Innovation to enhance bilateral ties.

Tech Mahindra's former Executive Vice Chairman, Vineet Nayyar, has passed away at the age of 85. His colleague and friend, CP Gurnani, expressed his grief on X. Nayyar served as the Vice-chairman and MD of Infrastructure Leasing & Financial Services from 2018 to 2020. Nasscom, the apex body for the Indian technology industry, expressed condolences to his family, friends, and colleagues.

A 21-year-old BTech computer science student, Carasala Rahul, alleged died by suicide at PES University by jumping from the fifth floor. He lived in Somasundarapalya with his family. The incident marks the fourth student suicide at the university within a year, prompting an investigation. Rahul did not attend a cloud computing exam and his father informed the police.

Yuzhan Technology, part of Taiwans Foxconn Group, leases 550,000 sq. ft. of warehousing space at ESR Industrial Park in Chennai for Apple iPhone exports. The facility supports Foxconn's scaling operations due to growing demand for Apple products manufactured in India, optimizing supply chain logistics for expanding export activity.

HDFC Life announced its highest-ever bonus of Rs 3,722 crore on participating plans. This bonus will benefit over 22.23 lakh policyholders.

The electronics manufacturer has over two dozen production facilities across the country. Dixon makes smartphones and feature phones for brands such as Xiaomi, Motorola, Samsung and Jio, and is in talks with other global brands for more manufacturing orders.

Sensex fell over 100 points while the Nifty50 managed to hold on to 22,200 levels. Sectorally, buying was seen in the public sector, power, and capital goods stocks while banks, auto and FMCG stocks faced selling pressure.

In a LinkedIn post, software engineer Sonakshi Pandey shared her journey of landing her dream job immediately after completing her Master's. She recounted how inspired by a YouTube video, she transitioned from software development to solution architecture at Amazon Web Services. This role entailed increased involvement in public speaking and client presentations. After accumulating five years of experience, she decided to apply to Google and Microsoft in 2021.

IIT Madras achieves over 80% placement for BTech and dual degree students, 75% for masters students. 1,091 students placed in 256 companies during 2023-24 campus placements. Median salary Rs 19.6 lakh per annum, average salary Rs 22 lakh per annum. Institute encourages entrepreneurship to create more job opportunities.

Electronic manufacturing service provider, Dixon Technologies on Wednesday announced a 20% year-on-year (YoY) rise in PAT at Rs 97 crore for the fourth quarter of FY24 while the revenues stood at Rs 4,675 crore, surging 52% YoY.

The ET Road Safety & Safer Mobility Forum 2024 gears up for its third roundtable, focusing on Enhancing Safety Standards in Modern Logistics and Supply Chain. This session will put intelligent AI solutions in the spotlight, showcasing how they can revolutionise safe practices within the ever-evolving logistics landscape. By prioritising both road and fleet safety, the forum aims to create a more secure and efficient supply chain ecosystem.

ChatGPT creator OpenAI announced the launch of GPT-4o, its newest flagship model, during a livestream on Monday. Chief technology officer Mira Murati described GPT-4o as much faster and improves capabilities across text, vision, and audio.

Sonakshi Pandey, a software engineer with experience at tech giants like Google and Amazon, shares insights on how her two-page resume helped secure roles at Google and garnered an offer from Microsoft. Her journey from introversion to confidence underscores the significance of perseverance and professional development. Notably, her blog writing and volunteering activities stood out, alongside mentorship, in shaping her career trajectory.

Go Digit has grown business faster over the past six years. It has the lowest loss ratios among peers, which reflects high underwriting quality. In addition, a higher retention ratio and claims ratio augur well for future growth.

It can be noted that HDFC Bank was the first major lender to be slapped with business restrictions like a pause on issuing new credit cards and also launching new online products over two years ago.

Telecom, power, utilities and infra indices saw considerable buying on Tuesday, while healthcare and FMCG stocks saw selling pressure. Finolex Industries and Hindustan Aeronautics hit fresh record highs

Nifty rose 114 points and formed a bullish candle on the daily chart on Tuesday. The index may now find support at 21,950-22,000 and 21,700-800 levels. But, a failure to maintain levels above 22,200 might trigger selling pressure in the market.

Chinese ecommerce giant Alibaba announced Tuesday a modest increase in annual revenue, at a time when the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed. Fellow internet giant Tencent posted weakened revenue growth in the first three months of this year, also on Tuesday.