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FDE SHORTAGE IN INDIA

88% Indian firms want FDEs by 2030; only 1% of engineers fit the bill: Scaler-CMR report

88% Indian firms want FDEs by 2030; only 1% of engineers fit the bill: Scaler-CMR report

According to India's FDE Opportunity Report, enterprises are hiring for AI deployment and customer-facing skills, but those are the skills engineers lack most.

GCCs build FDE chops in-house to claw back millions in AI spends

GCCs build FDE chops in-house to claw back millions in AI spends

The shift could see GCCs bring $200-300 million worth of FDE-style consulting work in-house across the top 50 mature centres, a report called “WHO has the FDE talent and what it costs” by UnearthInsight, a market intelligence platform estimated.

Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s Lambu

Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s Lambu

Financial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than 3% sequentially in the first quarter. With this, Lambu said, LTM expects the artificial intelligence-led revenue deflation to be behind the firm.

L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinks

L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinks

L’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.

Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiring

Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiring

At a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyrocketing by 700%. Companies like OpenAI, Anthropic, Google Cloud and McKinsey are aggressively hiring for FDE posts, offering salaries exceeding $200,000. This surge highlights new career avenues emerging from AI's rapid integration into businesses.

Uber CEO on Travis Kalanick; Micron’s warning to India

Uber CEO on Travis Kalanick; Micron’s warning to India

Dara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtech Top 5.