News Digest
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Public sector bank job exams get an overhaul, SBI results to come first
Bank exam rules: The Finance Ministry has revised the recruitment examination and result declaration timelines for public sector banks to streamline processes and enhance transparency. A new sequence will see SBI results announced first, followed by Nationalised Banks, and then Regional Rural Banks, aiming to reduce attrition and improve workforce planning.
Pine Labs freezes tech hiring at 1,000 engineers even as global expansion accelerates
Pine Labs is tightening its technology strategy by relying solely on its existing 1,000-member engineering workforce, even as it expands rapidly into international markets. CEO Amrish Rau says the company is prioritising efficiency and deeper utilisation of its current talent base while keeping all future tech hiring on hold.
Tech tops 50 per cent of white-collar job openings, but hiring slump persists
Technology sector's share in Indian white-collar jobs surpassed 50% in December, reaching 51% for the first time since October 2022. Despite this, overall tech hiring activity dipped 26% year-on-year, with companies cautious due to AI disruption and market uncertainty. Flexible jobs now constitute 31% of active tech openings.
Campus offer circuit abuzz for top engineering talent despite slower IT winds
Hiring at major engineering campuses such as BITS Pilani and several NITs has stayed steady to stronger for the Class of 2026, with more recruiters, higher salaries and an increase in pre-placement offers. Core engineering, electronics, semiconductors, banking, consulting and analytics are driving demand, even as IT hiring remains slow.
US chipmaker Marvell plans India hiring spree, R&D push to tap AI boom
Marvell Technology plans to ramp up hiring and research in India to meet rising global demand for AI infrastructure, its India head Navin Bishnoi told Reuters. The U.S. chipmaker aims to expand its 1,700-employee base by 15% annually over three years and is in talks with hyperscalers and local firms as India’s data centre footprint grows.
MBA Class of 2027 sees rise in recruiters and roles at IIM Ahmedabad summer placements
Among the other cohorts visiting Cluster 1, major recruiters included Accenture Strategy, with the Accenture Strategy India Market Unit extending 6 offers and the Accenture Strategy Global Network making 33 offers, as well as 12 offers from Vector Consulting Group, 11 offers from American Express, and 10 offers from EY Parthenon.
India's festive hiring rises 17%; gig, temp roles see 25% surge this year: Report
Hiring surged 17% across key sectors from August to October. Gig and temporary jobs saw a 25% rise. This festive hiring reflects economic confidence and a mature gig economy. Compensation also improved significantly. The trend is expected to continue through the wedding season and into March 2026. Tier II and III cities are contributing substantially to this growth.
IIM-A achieves full summer placement for management students graduating in 2027
IIM Ahmedabad has successfully completed summer placements for its PGP class of 2027. The institute achieved 100% placement. Several prominent companies, including Hero MotoCorp, SKF India, and Apple, participated as first-time recruiters. The placement process saw a wide range of opportunities across 14 diverse cohorts, with firms joining both online and offline.
Starlink begins on-ground hiring as India readies for satellite connectivity
Elon Musk's Starlink has initiated its first phase of hiring in India, focusing on finance and accounting roles in Bengaluru. This move signals operational readiness as the company prepares for a commercial launch by late 2025 or early 2026, navigating India's satcom regulations and security demonstrations.
IIM Calcutta wraps up summer placements with average monthly stipend of Rs 1.85 lakh
IIM Calcutta's summer placements for its MBA program saw 470 students receive 510 offers from 183 recruiters. The average monthly stipend was Rs 1.85 lakh, with the highest domestic and international stipends reaching Rs 4.5 lakh and Rs 6 lakh respectively. The placement week featured diverse roles across various sectors, supported by legacy and new recruiters.
Significant percentage of manufacturing leadership appointments were external hires: Report
Manufacturing firms are bringing in new leaders from outside. Most senior hires were external appointments. Leadership changes were most frequent at the CEO and MD levels. This indicates companies are preparing for digital transformation and new supply chains. The automotive sector saw the most activity. Women are more likely to be promoted internally, but still lag in overall representation.
Top B-schools see rise in internship-based hiring for MBA students
Companies are now preferring internships over final placements to hire talent. This allows a longer assessment period for both companies and candidates. Leading business schools are seeing this trend grow. Deutsche Bank and L&T are among firms actively recruiting through internships. This strategic approach ensures better fit and retention for future leaders.
Semiconductor firms turn to IITs and NITs for niche talent
Semiconductor firms are intensifying campus hiring by partnering with premier institutions like IITs and NITs, focusing on specialized talent. Initiatives like Delta Class and joint research facilities with Marvell and Renesas are bridging the skills gap. Universities are also offering specialized courses, with top fresher roles commanding attractive salaries.
IIM Bangalore wraps up 2026 summer placements; Consulting leads with record 46% offers
IIM Bangalore's PGP and PGP-BA 2025-27 batch achieved 100% summer placement, with all 601 students securing offers from 137 companies. Consulting dominated hiring at 46%, while healthcare saw a significant 70% increase in offers. Accenture Strategy led with 132 consulting roles.
IIM Lucknow sees a jump in average and median stipend for summer placements
IIM Lucknow achieved a significant summer placement drive for its 2025-2027 batch. The average stipend reached Rs 1.67 lakh per month, an increase from last year. The highest stipend offered was Rs 3.95 lakh per month. Over 580 offers were secured by students. Top firms participated, including Adani, Accenture, and Google, with several new recruiters joining the process.
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Companies looks for extra hands as tax goodies lift festive mood
Following GST rate cuts, consumer-facing industries in India are ramping up temporary hiring to meet anticipated festive season demand. Sectors like e-commerce, consumer electronics, and auto are extending mandates for frontline and fulfillment roles. Staffing firms report a 20-25% increase in temporary workforce needs compared to last year, with quick-commerce platforms leading the surge.
Hiring momentum builds ahead of IIT placements
Top Indian Institutes of Technology anticipate increased hiring for the Class of 2026. Despite global economic concerns, recruiter registrations are strong. High-frequency trading firms show particular interest. IITs are implementing strategies to attract more recruiters. These include showcasing research and providing student training. IITs are also expanding international internships. They are strengthening connections with recruiters through targeted outreach.
IIT placement: Early signs of stronger recruiter appetite this year
Despite global economic uncertainties, India's top IITs anticipate a robust placement season for the Class of 2026. Early indicators reveal increased recruiter registrations, particularly from high-frequency trading firms and data science companies. IITs are implementing strategic initiatives, including targeted outreach and alumni surveys, to enhance placement opportunities and attract diverse recruiters.
Campus hiring in India sees strong resurgence, driven by financial, life sciences, consumer goods companies: Survey
Campus hiring in India is rebounding strongly, with 73% of over 220 surveyed organisations expecting moderate to high growth, according to Aon’s Campus Study Report 2025-26. Key sectors driving demand include financial services, life sciences, consumer goods, IT, industrials, and healthcare.
Quick commerce to hike festive workforce by up to 60%
Quick-commerce firms in India plan to increase temporary staff by up to 60% for the festive season. Redseer estimates quick commerce deliveries will double to 10% of total e-commerce. Flipkart, Amazon, Blinkit, Swiggy Instamart, and Zepto are preparing for Diwali. Around 80,000 to 100,000 workers will be hired. Tier 2 cities are also ramping up fast.
The Identity Economy: Reshaping HR’s Role in Building Trust
The identity economy is reshaping HR’s role in recruitment, compliance, and workforce management. From digital verification to continuous screening, HR leaders are now the architects of trust in a world where data privacy and fraud risks are rising. The Identity Economy: Reshaping HR’s Role in Building Trust | hrnxt.com
E-commerce platforms ramp up seasonal hiring ahead of festivities, create over 3.8 lakh jobs
Indian e-commerce companies prepare for increased sales. Flipkart, Amazon, and Myntra create over 3.8 lakh seasonal jobs. These jobs span supply chain, logistics, and customer service. Flipkart adds delivery hubs in tier-2 and 3 cities. Amazon launches and expands fulfillment centers. Myntra generates new job opportunities through its partners. Hiring increases in tier-2 cities like Jaipur and Coimbatore.