
TCS, JNTU partner to boost IT skills of rural youth
TCS iON Placement Success Programme
(PSP) in Telangana with an eye on empowering rural youth through targeted upskilling.The collaboration between TCS and JNTU, Manthani aims to equip final-year students and fresh graduates with the skills needed for entry-level IT positions.As part of the pilot for the programme, 100 students will be enrolled to undergo a 20-week immersive training programme designed to bridge the gap between academia and industry.
The curriculum will focus on building both core technical competencies and essential soft skills to prepare candidates for real job roles in the IT sector. The programme will also offer placement support through TCS iON's recruitment platform, connecting eligible graduates with job opportunities.On the occasion, a Memorandum of Understanding (MoU) was also signed by JNTU Hyderabad vice chancellor Prof T KishanKumar Reddy and TCS iON business head for skill education Smriti Mulye in the presence of the IT & industries minister Duddila Sridhar Babu."The recent drop in employability among Indian youth from 44.3% in 2023 to 42.6% in 2024, highlights a serious problem – less than half the graduates are prepared for the demands of the job market, which affects students, educational institutions, industries, and the government," said Sridhar Babu."In Manthani, we are taking action to change this. With this programme we are not just educating our youth, we are making them job-ready. The programme will bring the skills and training needed for real jobs to rural Telangana, bridging the gap between rural areas and industries," he added.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


United News of India
9 minutes ago
- United News of India
Uday Ruddarraju set to join OpenAI
New Delhi, July 14 (UNI) Uday Ruddarraju, who has resigned from Elon Musk's startup xAI, is set to join OpenAI. Indian-origin Ruddarraju resigned as head of infrastructure engineering yesterday from Tesla Chief's company startup xAI. His resignation comes two days after X CEO Linda Yaccarino announced her resignation just months after the social media platform was acquired by the billionaire's AI startup, xAI. Ruddarraju was instrumental in leading the training of the AI model Grok 3. It is a reasoning-based model that surpassed its previous competitors. Ruddarraju has completed his Master's in Computer Science from the University of Minnesota. He previously worked in engineering roles at eBay and 2024, Uday joined as the head of Infrastructure Engineering of xAI. In a post on X, Ruddarraju praised Elon Musk and his team for their determination to achieve targets. He also pointed to his small efforts at xAI in building the future of AI computers. After resigning from his post, Uday confirmed that he is heading to OpenAI. His departure from OpenAI is a big jolt to xAI central teams, which are working in departments of research and computing. Uday is also credited with the creation of 'Colossus' in his tenure at the company. Colossus is the name given to the massive AI supercomputer developed by xAI. It's currently the world's largest AI supercomputer, located in Memphis, Tennessee. UNI SAS AAB PRS


News18
13 minutes ago
- News18
Travel Food Services IPO Lists At 2.3% Premium, Shares Slip Into Red: Should You Buy, Hold Or Sell?
Travel Food Services IPO Listing: Shares of Travel Food Services Ltd listed at just a 2.36% premium or at Rs 1,126 apiece on the BSE as against its IPO issue price of Rs 1,100. Travel Food Services IPO Listing: Travel Food Services Ltd made a weak stock market debut on Monday, with its shares listing at just a 2.36% premium or at Rs 1,126 apiece on the BSE as against its IPO issue price of Rs 1,100. After the listing, the shares declined into red and were trading lower by around 0.75% at Rs 1,086, as of 10:15 am. On the NSE, the shares of Travel Food Services listed at a premium of 2.2% or at Rs 1,125 apiece. The listing is in line with market expectations as reflected in its pre-listing GMP, which stood at 2.27%. The company's market cap stood at nearly Rs 14,500. The Travel Food Services IPO was opened between July 7 and July 9. It received an overall subscription of 2.88 times at the end of three-day subscription window closing. The Qualified Institutional Buyers (QIBs) was subscribed their portion 7.70 times, while the Non-Institutional Investors (NIIs) category was subscribed 1.58 times. The price band of the mainboard IPO, which aims to raise Rs 2,000 crore, was fixed in the range of Rs 1,045 to Rs 1,100. Travel Food Services, founded in 2007, operates 397 quick service restaurants (QSRs) and airport lounges across 17 airports in India and Malaysia, with a portfolio of 117 in-house and partner brands. SBI Securities highlighted TFS as a 'proxy to the Indian aviation growth story", given its strong presence across major airport terminals and upcoming concessions at Greater Noida and Navi Mumbai airports. The brokerage noted that the company's brand portfolio includes a healthy mix of in-house and third-party QSR brands. 'At the upper price band of Rs 1,100, the stock is likely to trade at 39.9x FY25 EPS, which is at a discount to listed QSR companies. TFS has superior margins and return ratios along with a strong balance sheet. We recommend investors to 'subscribe' to the issue at the cut-off price," SBI Securities said. Canara Bank Securities is positive on the company's airport-centric model, citing its competitive moat created by global partnerships, strong brand equity, and high-traffic locations. 'From a valuation standpoint, the IPO is priced attractively, placed below the sector average and trades lower than the peer average in terms of price-to-book value (P/BV). Given its strong growth trajectory, first-mover advantage, and resilient business model in a niche, high-growth segment, we recommend a 'subscribe' rating for both listing gains and long-term investment," the brokerage added. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


The Hindu
14 minutes ago
- The Hindu
Jane Street deposits ₹4,800 crore in escrow accounts, requests SEBI to remove restrictions
Jane Street has credited ₹4,800 crore to an escrow account with a lien marked in favour of SEBI. It has further stated this action had been undertaken by it without prejudice to its rights and remedies which remain available to them in law and equity. Jane Street has further requested SEBI that, following the creation of this escrow account in compliance with SEBI directions, certain conditional restrictions imposed under the interim order be lifted and that SEBI issue appropriate directions in this regard. 'This request is currently under examination by SEBI in accordance with the directions of the interim order,' SEBI said on Monday (July 14, 2025). 'SEBI remains committed to following due process and ensuring the integrity of the securities market,' it added. Earlier this month, SEBI had passed an interim order on the U.S.-based FPI for manipulating Bank Nifty index and banned the investment firm from Indian securities markets for manipulating index and unlawfully earnings about ₹4,800 crore