julien ruault

More retail giants are eyeing the quick commerce space in India. For instance, Flipkart launched 'Minutes', its quick commerce platform on Tuesday, The Economic Times reports. The service is now live across selected areas in Bengaluru and the company aims to boost its presence throughout the city over the next few weeks, the report says. Flipkart also plans to make nearly 100 dark stores operational across Bengaluru as it gears up for the festive season this year, the report further says. Similarly, Amazon and Jio Mart are also planning to launch their own quick commerce services, according to earlier reports. Rising popularity of rapid delivery systems, especially among younger consumers, is one of the key factors that has led to this trend, says another report by The Economic Times. Moreover, quick commerce accounts for nearly 5-6% of a household's grocery spending, the report adds. Source: https://lnkd.in/gvSKu6cr ✍: Divya Pathak 📷: Getty Images

82

10 commentaires

Around 4,500 C-suite executives switched jobs in the last one year in the IT services sector in India, reports shivani shinde for Business Standard, citing a report by Xpheno. The movement represents 4.5% of the overall leadership roles in the sector and includes people in positions ranging from directors to assistant VPs and heads of businesses, says the report. Kamal Karanth, co-founder of Xpheno, says that the current churn is happening primarily due to two developments. First, two new CEO appointments by two large IT services firms and the restructuring of leadership teams, he adds. In the last 12 months, Infosys saw nine senior exits, while Cognizant hired 20 senior leaders. Meanwhile, executives from top firms have been hired by Tech Mahindra, says the report. Pareekh Jain, CEO of EIIRTrend, says that many executives are shifting to firms that may be smaller but are growing much faster, with the pandemic's effect now fading. Over 92% of the senior leaders who switched have moved within IT services, while the rest shifted to either GCCs or product companies, adds the report. Source: Business Standard - https://lnkd.in/g4i33SE9 ✍: Novinston Lobo 📷: Getty Images #LeadershipChurn #ITHiring #CSuite #ITServices

114

13 commentaires

Tech and IT hiring is picking up after a long period of slowdown, reports Beena Parmar for The Economic Times. Teamlease Digital data says tech hiring has increased 3-5% month-on-month. Meanwhile, Xpheno estimates a 20-30% higher net additions in IT services by the end of FY25 compared to FY24. What's driving the hiring growth? The need to fill open mid-level positions with 3-10 years of experience as the demand for specialised skill sets grows. The sought-after skills include cloud computing, AI, ML, and cybersecurity. Hiring in engineering, research and development (ER&D) services is also set to grow, and CIEL HR Services MD and CEO Aditya Mishra anticipates the demand to surge by 12-15% in this financial year. These firms are keen to boost and sustain their global competitive edge, and the model of carrying out R&D activity in India has been successful, adds the report. Global capability centres (GCCs) emerged as the top recruiters of tech talent in the first quarter of this fiscal, beating IT services for the first time, The Economic Times reports. GCC hiring demand jumped 46% in Q1 FY25 over the previous year, as more global firms establish and expand their presence in India, shows Quess Corp data. By 2030, the number of India-based GCCs will increase to 2,400, according to an EY report. They are estimated to contribute $110 billion in revenue and employ 4.5 million people. Source: The Economic Times: https://lnkd.in/egVkW5SZ https://lnkd.in/eYRGpu26 https://lnkd.in/gtdEgphC ✍ : Isha Chitnis 📸 : Getty Images

183

21 commentaires

There has been a shift in the role of HR professionals across industries in the last few years, reports The Economic Times. As a result, new roles are emerging to address the changing needs of both employees and companies. This trend represents the evolving nature of how employee engagement, well-being and performance is being perceived at India Inc. Employee Relations Officer, Chief Empathy Officer, Chief Diversity Officer, and Chief Experience Officer, among others, are some of the emerging roles, the report says. Companies that are open to introducing such roles are likely to have a competitive edge over others in terms of hiring and retaining top talent, say experts. These roles must address the specific need of organisations and must be aligned with business goals which include team productivity and employee engagement, the report adds. Source: https://lnkd.in/gDckXDMs ✍: Divya Pathak 📷: Getty Images

115

16 commentaires