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“Consumption has slowed down in terms of earnings momentum, both on the staple side as well as discretionary side. But it will be a big beneficiary of the capex cycle eventually. But for this moment, I think the industrial space, the financial space which is linked to the cycle, we are seeing significant confidence in the earnings momentum sustaining.” ....
In the first nine months of this year, the BFSI (Banking, Financial Services, and Insurance) sector became the top driver for office leasing, a change in trend after a decade. Major global BFSI companies set up Global Capability Centres (GCCs) in India. Meanwhile, the IT sector s leasing share dropped from 37% in 2019 to 23% in 2023 due to a slowdown, while BFSI s share rose from 11% to 23% during the same time. ....
Hyperscale data centres (DCs) dominated most of the investments with a share of about 89%, with colocation data centres accounting for the rest of 11%. Maharashtra, Tamil Nadu, West Bengal and Uttar Pradesh dominated in attracting the investment commitments. ....
Wahi, who was previously the chief information officer at Sterlite Power, comes with 22 years of executive-level experience in the BFSI and energy sectors with a proven record of driving digital transformation across business processes with agile, scalable technology solutions, the exchange filing said. ....
Currently, more than 900,000 youths who are apprentices are in the age group of 23-26 years. As per the Quess report, employers in the IT/ITES sectors are likely to pay Rs 11,000-75,000 per month to apprentices aged 20-24 years. However, the stipend pay for other sectors differs depending on educational qualifications. In the current scenario of apprentice hiring, registration of women candidates has seen nearly a sevenfold increase in the past five years, to about 148,000 in 2022-23 from 22,427 in 2018-19. ....