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- 1 Million tech jobs to reality market, Reliance Jio's IPO, Dabur, ITR Filing, HDFC Bank, etc.
1 Million tech jobs to reality market, Reliance Jio's IPO, Dabur, ITR Filing, HDFC Bank, etc.
From Startups to Giants: Covering All of India's Business in Less than 5 Minutes
Market Briefs
Main Briefs
India's Realty Market Surpasses China with 36 Billion-Dollar Companies
PC: Forbes India
India now has 36 realty companies valued at over $1 billion, up from 7 six years ago.
China's count has declined from 100 to 30 due to market challenges.
The 2024 GROHE-Hurun India Real Estate 100 report highlights India's robust real estate growth.
Mumbai leads with 33 companies in the top 100, followed by Bengaluru, New Delhi, and Gurugram.
DLF is the most valuable developer at ₹2 lakh crore, followed by Macrotech Developers and IHCL.
Adani Realty entered the top 10 for the first time with a 62% valuation increase.
Sobha is the top employer with 26,275 employees.
The cumulative value of India's top realty firms has risen by 70%, to $171 billion.
Two women-led companies, Brigade Enterprises and Taj GVK, are in the top 100.
1 Million Engineers Needed: India’s Tech Industry Urges for Major Educational Reforms
PC: Business Standard
Over 1 million advanced-skilled engineers needed in India's tech sector within 2-3 years.
Existing workforce requires significant reskilling in AI, big data analytics, and cyber-security.
New graduates will fill only 25% of the advanced tech jobs.
TCS has 80,000 unfilled positions due to skill mismatches; Larsen & Toubro's IT unit lacks 20,000 engineers.
Nasscom warns the digital talent demand-supply gap will grow from 25% to 29% by 2028.
Poor schooling and lack of practical skills in college contribute to the skill gap.
India’s tech sector, worth $250 billion, represents 7.5% of the national GDP and employs 5.4 million people.
Economists like Raghuram Rajan emphasize the need for improved education to sustain growth.
Indian Briefs, You Can’t Miss:
Chartered Accountants Report Delays Due to Slow AIS ITR E-Filing Portal
HDFC Bank Negotiates 20% HDB Financial Stake Sale with Credit Funds
TCS Clears Delayed Hiring Backlogs, Adds 11,000 Trainees in Q1FY25
Reliance Jio's IPO Listing May Hit Rs 9 Lakh Crore Valuation: Jefferies
Qatar Opens Doors to UPI Payments for Indian Nationals
Dabur Achieves Unprecedented Growth, Adds 2 Lakh Outlets in FY24
Bangalore Metro Awards Rs 766 Crore Order to Siemens-led Consortium
Shoppers Stop to Launch Large Format Outlets, Featuring Aditya Birla's The Collective
CARE Ratings Predicts 3-6% Decline in Commercial Vehicle Sales for FY25
World Briefs
Starlink Set to Enter Sri Lankan Telecom Market with Government Approval
Donald Trump Scheduled to Speak at Bitcoin 2024 Conference
PepsiCo Misses Revenue Targets as Snack and Soda Demand Slows
BMW to Recall 390,000+ Vehicles in US Due to Airbag Inflator Issues
Samsung Targets Chinese Market with Custom AI Features
Apple's iPhone Tap-to-Pay to Open Up to Competitors as EU Approves Plan
AI Briefs
SoftBank Secures Acquisition of UK AI Chipmaker Graphcore
New Prompt Playground by Anthropic's Claude Boosts AI App Development
Perplexity AI Brings Pro Search Feature to Android Users
AI Startup Investments Soar Over 100% in Q2, Crunchbase Reveals
Company Of The Day
Company Name: Dabur India
Founder: S.K. Burman
Year Of Foundation: 1884
Headquarter: Ghaziabad, Uttar Pradesh, India
Industry:
Dabur is an India’s leading FMCG Companies with Revenues of over Rs 7,680 Crore & Market Capitalisation of over Rs 48,800 Crore.
Why Is It in the News?
Dabur Added 2 Lakh Outlets in FY24. A Massive Jump.