
Noida firm to employ 5,000 digital experts in two years
The Hindu
‘To explore inorganic route to grow market share, revenue size’
To The New, a Noida-based technology company, said it would employ 5,000 digital experts in the next two years, a significant ramp up from 1,500 people currently. The firm that provides digital transformation and product-engineering services to independent software vendors, consumer internet firms and other enterprises said the new hiring roadmap was part of its target to capture a sizeable revenue share in the global digital technology services market. Mr. Deepak Mittal, CEO and co-founder of To The New, said, to fuel its growth in the U.S., the tech firm was exploring the buyout of a suitable firm with revenue of $7.5 million to $15 million and employee strength of 50.
GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










