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Business Standard
6 days ago
- Business
- Business Standard
Ctrl+Alt+Reboot: Artificial intelligence rewriting jobs, not ending them
A survey finds most Indian job seekers are more curious than anxious about AI Surajeet Das Gupta New Delhi Listen to This Article For those worried about losing their jobs to artificial intelligence (AI), here's something to cheer about. A survey by the country's largest job site, released on Thursday, shows that only one in three job seekers (33 per cent) across age groups fear job losses due to AI, so the majority do not. Among fresher job seekers, one in three believes AI will create more jobs. In contrast, experienced professionals expect a balance — jobs created will likely match those lost. The survey is based on responses from over 60,000 job seekers across eight cities and more than 20 industries.
Business Standard
07-07-2025
- Business
- Business Standard
Info Edge records 11% YoY surge in Q1 standalone billings to Rs 644 crore
Info Edge (India) reported an 11.18% year-on-year increase in standalone billings to Rs 644.2 crore for the quarter ended 30 June 2025, compared with Rs 579.4 crore recorded in the same period last year. The standalone billings for the recruitment solutions segment stood at Rs 470.3 crore (up 9.01% YoY), while the real estate segment (99acres) saw billings of Rs 94.4 crore (up 16.54% YoY). Additionally, Rs 79.5 crore (up 18.65% YoY) came from other business segments. Info Edge (India) is among the leading internet companies in India. The company runs leading internet businesses, viz., and The company also owns Quadrangle and Naukri Gulf. It has made significant strategic investments such as and happily etc. The company reported a 667.3% increase in standalone net profit to Rs 463.39 crore on 14% rise in revenue from operations to Rs 749.63 crore in Q4 FY25 over Q4 FY24. Shares of Info Edge tumbled 4.65% to Rs 1,416.80 on the BSE.
News18
10-06-2025
- Business
- News18
‘I Am A Jaat, I Will Bring 10 Men': Delhi Man Threatens Boss Over Rs 350 Dispute
Last Updated: The Reddit user shared a disturbing experience that happened while working at his father's furniture showroom in Delhi. If you are running a business, it is only natural that you will need to hire employees to help things run smoothly. But before bringing someone on board, it is important to do proper background checks. Skipping this step can lead to serious problems, something one Reddit user recently experienced. In a Reddit post titled 'I got threatened by a prospective job candidate," the user shared a disturbing experience that happened while working at his father's furniture showroom in Delhi. 'I work at my father's business in Delhi. It's a furniture showroom (not that big though)," he wrote. This was his first time hiring someone, so he decided to bring in an accountant through a popular job site. 'I hired an accountant from to do day-to-day work on Tally, such as recording sales, purchases, generating invoices, e-way bills, as well as preparing quotations, etc.," the user wrote. Things took a strange turn right from the start. According to the Redditor, the new hire didn't show up on the agreed-upon joining date and kept delaying for 3–4 days, citing health issues. When he finally turned up after four days late, the user wasn't in the office. 'He called me and said he only came to talk to me," the post explained. The next day, the man showed up, did some work and then made an unusual request. 'He asked for 500 rupees at EOD, stating he needed them for an ultrasound which is weird because—1. Who the hell asks their employer for such a favour? 2. He has called me multiple times in between saying 'Sir aap mujhe 500 Paytm kardo, mai kahi fass gaya hu, mai ghar jaake kar dunga (Sir, please send me Rs 500 on Paytm. I'm stuck somewhere, I'll return it once I reach home),' to which I refused every time." The Redditor finally gave in and handed over a 500-rupee note. But the man vanished the next day. 'He didn't come for 3 more days," the post read. Then, out of nowhere, he called and said, 'Sir mai aapke saath kaam nahi kar paaunga, mera per day 850 banta hai, aap 350 aur dedo (Sir, I won't be able to work with you. My daily wage comes to Rs 850, so please give me Rs 350 more)." When the Redditor refused, things took a threatening turn. 'He threatened me and said 'Mai jaat hu, office ke bahar 10 bande le aaunga kal (I'm a Jaat, I'll bring 10 men outside your office tomorrow)," called me multiple times as well," he wrote. This left Redditor shaken so he turned to the platform and asked for help and advice: 'What should I do in this situation? And how should I check someone's background before I hire someone so that I don't make this foolish mistake of hiring a guy like this?" In the comments section, many users urged the Redditor to take action and not let the matter slide. One user suggested, 'File a police complaint. Let the police handle this. Get an employment contract in place in future if you didn't." Another said, 'You my friend ended up hiring a fraud. Anyway, he will not do anything. Block him and do your work. Hire someone else and do a proper background check." 'Keeps the call on record next time. File a complaint if he threatens again," someone advised. While this Redditor's story is a lesson in why background checks matter, it is not the only hiring-related incident that made headlines. A few months ago, a Bengaluru-based company posted a job opening that got a lot of people talking. They were looking to hire a 'cracked full-stack engineer" to build 'real-time AI for every human." But what surprised everyone was the hiring process. Despite offering a hefty Rs 40 lakh annual salary, the company didn't ask for a resume, experience, or even a college degree. All they wanted was a short 100-word intro and a sample of your best work. First Published:
India Today
05-06-2025
- Business
- India Today
Meet Sanjeev Bikhchandani, Co-founder of Ashoka University and Naukri
Sanjeev Bikhchandani is one of the most revered entrepreneurs and philanthropists in India. He is widely known as the founder of India's first online job portal, but he has also created a huge impact in India's education sector by co-founding Ashoka University. From building businesses to supporting social causes, Sanjeev Bikhchandani represents a compelling story of how innovation, vision, and meaning can overlap to drive real is Sanjeev Bikhchandani?Sanjeev Bikhchandani is one of the most respected entrepreneurs in India. He is most known for founding India's first and most popular online job portal. Today, he is also known as a powerful investor, philanthropist, and startup mentor. His efforts have improved the lives of millions of jobseekers across India and helped shape the digital economy.A Look at Sanjeev Bikhchandani's Professional JourneySanjeev Bikhchandani is an Indian entrepreneur and the founder of Info Edge. He was born in New Delhi, India. Bikhchandani went to St. Columba's School, New Delhi, and graduated from school in obtained a Bachelor of Arts with Economics as his main subject from St. Stephen's College, Delhi, graduating in 1984, and an MBA from the Indian Institute of Management, Ahmedabad (IIM Ahmedabad) in completing his MBA from IIM Ahmedabad in 1989, Sanjeev Bikhchandani began his career in marketing at Hindustan Milkfood Manufacturers (now GlaxoSmithKline), working on the Horlicks 1990, he left his job to pursue entrepreneurship. He founded Info Edge in 1995, which would become a leading online classifieds company in 1997, he launched which quickly grew to become India's largest web-based employment site, revolutionising job search and recruitment in the his leadership, Info Edge expanded its portfolio with other classified sites, including (real estate), (matrimonial), and (education).Bikhchandani is recognised as an astute investor, having made successful investments in startups such as PolicyBazaar and is also part of the 'Vision Circle' of FYI (Foundation for Young Innovators), a non-profit organisation supporting young has received several honours, including the Ernst and Young Entrepreneur of the Year Award (2008) and the Padma Shri (2020).Awards and honours received by Sanjeev Bikhchandani 2008: Received the Ernst and Young – Entrepreneur of the Year Award for Business Transformation.2008: Honoured with the Dataquest Pathbreaker Award and Teacher's Achievement Award for Business.2011: Conferred the Distinguished Alumnus Award by the Indian Institute of Management Ahmedabad (IIM-A).2012: Received the CF Andrews Distinguished Alumnus Award from St. Stephen's College, Delhi.2012: Honoured with the Lakshmipat Singhania – IIM Lucknow National Leadership Award as Young Leader in the Business Category.2017: Featured in Outlook Magazine's list of India's fifty greatest CEOs ever.2019: Awarded the Lifetime Achievement Award in IT by the Financial Express.2020: Conferred the prestigious Padma Shri Award by the Ministry of Home Affairs, Government of Sanjeev Bikhchandani stands not just as the founder of a successful internet company but as a symbol of how entrepreneurship can be a powerful force for change. From enabling millions of Indians to find jobs through to investing in the country's digital and educational future, Bikhchandani continues to inspire a new generation of change India's startup and innovation ecosystem evolves, leaders like him remain a guiding light for building businesses that are both purposeful and impactful.
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Business Standard
02-06-2025
- Business
- Business Standard
White-collar hiring stays steady in May, AI/ML and senior roles in demand
Hiring in India's white-collar job market held firm in May, with the Naukri JobSpeak Index ticking up slightly to 2,807 points, just above the 2,799 points recorded a year ago. Though overall activity was stable, the data revealed distinct surges in specific sectors and job categories, particularly in artificial intelligence/machine learning (AI/ML) and senior-level hiring. AI/ML hiring racing across metro cities Riding on last year's momentum, AI/ML roles registered a sharp 25 per cent year-on-year (Y-o-Y) growth in May. Demand expanded aggressively in metro cities: Delhi-NCR led growth with a 35 per cent surge, followed closely by Chennai (34 per cent) and Kolkata (33 per cent). Hiring demand extended through experience brackets with mid-to-senior professionals particularly in the 13–16 years cohort seeing an increase of 36 per cent. Entry-level roles weren't left behind either, showing a robust 22 per cent rise. Non-tech sectors drive fresher hiring Overall fresher hiring stayed flat in May. However, non-IT sectors emerged as key growth pockets. Insurance led the way with a 26 per cent rise in fresher hiring, followed by real estate (12 per cent). BPO/ITES (5 per cent) and hospitality (4 per cent) also registered modest increases, highlighting a shift in entry-level demand beyond traditional tech domains. Senior professionals remain in high demand Professionals with 16 or more years of experience continued to be in demand, with this segment witnessing a 6 per cent increase in hiring in May. This trend persisted across both metropolitan and emerging cities. Among the top metros, Hyderabad (16 per cent) and Kolkata (13 per cent) led the growth, while Kochi (23 per cent) and Ahmedabad (13 per cent) saw the highest demand among non-metros. Oil and gas (21 per cent) and real estate (17 per cent) were the top contributors by industry. Unicorns power urban hiring momentum India's unicorns continued their hiring spree, posting a 19 per cent Y-o-Y growth in May. Metros powered this trend as Delhi-NCR recorded a 29 per cent spike, followed by Hyderabad (27 per cent) and Bengaluru (12 per cent). The bulk of unicorn hiring was concentrated in banking and financial services (29 per cent) and internet/ecommerce (18 per cent). Beyond AI/ML and unicorn-led growth, a few traditional sectors showed resilience. Insurance hiring rose 6 per cent, real estate by 5 per cent, while BPO/ITES and hospitality each saw a 4 per cent uptick. These gains signal a wider recovery in customer-facing and service-oriented sectors. 'In an otherwise stable job market, what stood out in May was the continued momentum in AI/ML hiring across metros alongside steady demand for senior professionals, a trend that's held firm over the past year,' said Pawan Goyal, ED and CBO, 'It was also interesting to witness fresher hiring gain ground in non-tech industries which bodes well for young talent.'
