Morning Daily - 2024-07-06

Morning Daily 2024-07-06

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ETCIO Newsletter | Saturday, July 6, 2024

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Top Stories
IT companies becoming hotspots for senior talent
According to the findings, there are about 120 top GCCs in India with some 21,000 senior executive roles, including those of vice-president, assistant vice-president, senior vice-president and director. These senior executives have a minimum experience of 15 years, and in the last one year, more tha...  read more...
India to be deep tech powerhouse and big part of Siemens' game plan
Siemens AG plans to increase software and digital services sales to 20%, with India being a key player in this strategy, according to CEO Roland Busch. The company has invested in expanding its software portfolio and collaborating with Microsoft on AI technology. India is a vital region for Siemens,...  read more...
India ranks 3rd globally for fintech funding: Report
A report by Tracxn revealed that India's fintech funding slumped in the first half of 2024, however fintech funding in India ranks third globally. The FinTech sector received funding of USD 795 million in 2024, a decline of 11 per cent and 59 per cent compared to previous years.  read more...
After Zomato, Swiggy launches UPI services
Swiggy's UPI integration, with Yes Bank and Juspay, uses NPCI's UPI Plugin. Inspired by Zomato, it launched within a closed user group, expanding gradually. Apollo 24/7, Zerodha's Coin also use UPI Plugin. Swiggy Money and a co-branded credit card with HDFC Bank underscore past fintech ventures. Thi...  read more...
TIET ties up with Nvidia for AI, data science school
Nvidia will assist in training the faculty of Thapar School of Advanced AI & Data Science, offering guidance on curriculum enhancements. Additionally, it will provide access to its accelerated computing platforms for research purposes and support qualifying AI startups incubated at TIET through its ...  read more...
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