Online Classes and Rise of Edu-Tech Triggered Education/Training Sector to Post Highest Talent Demand in Sept 2020

 

·         Education/Training sector noted 27% M-o-M growth in talent demand, overshadowing the demand posted by all other major sectors like IT/Telecom, Retail, FMCG and BFSI

·         Teaching/Education profiles witnessed a growth of over 30% in talent demand 

·         Mumbai reclaimed its throne as top job hub with 14% M-o-M growth in talent demand, followed by Pune

A combined push of the online classes and the phenomenal rise of Edu-Tech domain proved to be a blessing for the employment scenario in the Education/Training sector. Historically, education-related jobs and work profiles see seasonal upticks around the time when new sessions start. However, COVID-19’s lockdown has pushed the talent demand for these profiles into a continuous upward rally ever since March 2020.

TimesJobs RecruiteX Sept 2020 edition noted that the Education/Training sector posted the maximum talent demand growth of 27% M-o-M and 7% Y-o-Y in the study period. Functional area wise too, Teaching/Education profiles saw a growth of over 30% in the monthly analysis.

TimesJobs RecruiteX is a monthly recruitment index that records the demand and supply of talent at India Inc.

Summarising the findings of RecruiteX Sept 2020 edition, Sanjay Goyal, Business Head, TimesJobs and TechGig said, “The Education/Training sector’s talent demand performance is like a comeback story of an unconventional sector. Typically, education-related work profiles are all-weather jobs with seasonal spikes. However, the COVID-19 lockdown forced all classes to go online, and education continuity became a stronger resolve. Add to that the stupendous rise of the Edu-Tech domain in the past months. In Sept 2020, the Education/Training sector posted more talent demand than the other high volume sectors as IT/Telecom, BFSI, FMCG and Retail combined together. Now that the educational institutes have started re-opening - partially though - I feel this growth in talent demand will continue for some more time”.

Industry-wise analysis:

The Education/Training sector saw the maximum (27%) growth in monthly talent demand study, followed by the recently reopened Hospitality sector which noted 23% M-o-M uptick. Together both these sectors shadowed the combined talent demand of all high volume sectors as IT/Telecom, BFSI and Retail. In fact, IT/Telecom and Retail shed talent demand by 2% and 1% respectively, in the monthly analysis.      

These sectors had the most talent demand:

Education/Training: 27%

Hospitality: 23%

BFSI: 12%

Functional area-wise analysis:

Ever since the COVID-19 induced lockdown came into effect earlier this year, two work profiles saw a continuous rise - teachers and the gig workers. In Sept 2020, both these profiles saw maximum talent demand, followed by the BFSI-related profiles. For the first time since June 2020, IT/Telecom noted a 1% dip in M-o-M talent demand analysis. HR/Training profiles too noted a dip in the monthly demand study.

These profiles had the most talent demand:

Teaching/Education: Over 30%

Business Mgmt./Consultants/Freelancers: 24%

Banks/Insurance/Financial Services: 18%

Location-wise:

Mumbai and Pune witnessed the maximum rise of 14% and 11% in talent demand in Sept 2020 respectively. Chennai – which topped the talent demand list in Aug 2020 – saw a 3% uptick in Sept 2020. Delhi-NCR location saw a dip of 3% in M-o-M talent demand, similar to its Aug 2020 trend.

Location-wise top three cities with most demand were:   

Mumbai: 14%

Pune: 11%

Lucknow: 3%

Work experience wise:

The Sept 2020 data shows that the mostly middle-level professionals were most sought after in the study month. At the same time, people with over 20 years of experience noted a 10% dip in demand, followed by freshers (less than two years of work experience) where demand tanked by 5%.

Work experience wise, top three most sought after categories were:   

10-20 years: 14%

5-10 years: 9%

2-5 years: 3%

PMI Launches Initial Products in Industry’s First Platform-Agnostic Suite of Resources to Accelerate Adoption of Citizen Development at Scale

Project Management Institute (PMI), the world’s leading association for the project management profession, launched the industry’s first, platform-agnostic educational resources for organizations seeking to implement and scale Citizen Development (CD) practices. The first two products in a planned suite of offerings are available now:

·         The PMI Citizen Development Body of Knowledge (CDBOK™) is a centralized resource that will help individuals and enterprises understand best practices for implementing citizen development within an organization at scale.

·         The foundational training course is an e-learning training program that provides an introduction to citizen development and outlines best practices in CD methodologies.

Citizen development platforms use intuitive “low-code” and “no-code” tools, so that even non-technical, non-specialist employees can create apps, software solutions and even enterprise-grade applications without having to learn to code. The emergence of citizen development promises to improve enterprise productivity by making application and software development significantly faster and less costly, while also accelerating value delivery and enabling organizations to achieve outcomes more quickly.   

Dr. Srini Srinivasan, Regional Managing Director, PMI South Asia says, “Accelerated technological evolution, shifting customer demands and global socioeconomic volatility are creating a revolution on how problems are solved and how work gets done. Citizen development will enable anyone to build applications in near real-time.  This will result in organizations boosting their productivity levels and help them to focus on innovation and digital transformation at a rapid scale.”

“PMI is ideally positioned to help drive adoption of citizen development,” says Sunil Prashara. PMI President and CEO. “As the world’s leading not-for-profit association for the project management profession, we’ve spent the past 50 years equipping our stakeholders with the most relevant skills and resources so they can  deliver change and business value, all to help their organizations succeed. To ensure we are providing the right tools for citizen development, we have tapped leading experts in the field and combined their knowledge and expertise with our own deep experience developing global standards and certification training for project managers all around the world. With more than 600,000 members and 1.5 million gross credential holders in nearly every country, we can serve as an objective resource for organizations and individuals looking to apply citizen development tools and methodologies thoughtfully and with confidence.”

Citizen Development Helps Pave the Way for the Next Wave of Business Transformation

Citizen development should ease the burden on over-taxed IT departments straining to cope with growing demands for support from business units. Forrester Research estimates that by 2024 the U.S. will have a deficit of 500,000 software developers.

“Citizen development will form the next wave of business transformation,” says Mr. Prashara. “Technological advances such as AI are eliminating much of the complexity involved in software development, allowing non-specialists to create their own solutions and bring new products and services to market in unprecedented timeframes. This will democratize software development and turbocharge digital transformation efforts.”

Citizen development enables a “hyper-agile” way of working, which can lead to substantial reductions in cost and development times. With citizen development, the speed at which you can take an idea and design, build, test and deploy apps enables teams and organizations to deliver projects and bring products and services to market faster than ever before.

Scaling Citizen Development at the Enterprise Level, Safely and Securely with PMI

Gartner estimates that the number of active citizen developers will be four times that of professional developers by 2023. PMI’s new suite of products should help facilitate that transition, allowing organizations to promote citizen development among their employees in a measured and secure way. 

According to Gartner, 41 percent of business leaders report having active citizen development initiatives underway, with 20 percent either evaluating or planning to start CD initiatives. However, to derive maximum benefit from citizen development, organizations will need to scale it across the enterprise, creating an organizational operating system. There is an urgent need to enable this level of scalability in order to drive transformation efforts, Mr. Prashara says, and that was the driving force behind developing the new PMI offerings. 

“PMI recognizes the critical role that citizen development plays in empowering individuals and organizations,” Mr. Prashara says. “As organizations look to leverage citizen development in their digital transformation programs, there are many pitfalls to avoid, including the lack of a comprehensive methodology and framework and adequate training to allow citizen developers to succeed. PMI is addressing this gap by providing a vendor-agnostic framework to support professionals’ need to learn the basics and best practices, but also organizations’ need to unlock the potential of citizen development in compliance with IT governance and security. This will give IT the confidence to scale citizen development across the enterprise to accelerate the organization’s transformation efforts.”

PMI Citizen Developer Products & Experiences in the Pipeline

While the initial offerings are available now, PMI will launch additional PMI Citizen Developer products in the coming months, to include specific role-based courses and certifications, as well as a community portal for sharing CD information and thought leadership. The PMI Citizen Development Body of Knowledge (CDBOK™) will also be followed by an executive book on CD best practices, highlighting specific case studies and leadership perspectives.

To learn how to unlock the potential of citizen development at your organization, go to: pmi.org/citizen-developer.

About Project Management Institute (PMI)

Project Management Institute (PMI) is the world's leading association for those who consider project, program or portfolio management their profession. Through global advocacy, collaboration, education and research, we work to prepare more than three million professionals around the world for The Project Economy: the coming economy in which work, and individuals, are organized around projects, products, programs and value streams. Now 50 years in the making, we work in nearly every country around the world to advance careers, improve organizational success and further mature the project management profession through globally-recognized standards, certifications, communities, resources, tools, academic research, publications, professional development courses and networking opportunities. As part of the PMI family, ProjectManagement.com® interactive website creates online global communities that deliver more resources, better tools, larger networks and broader perspectives. 

Munchilicious Granola Paves its Way Into the Silicon Valley of India Launching a Healthy and Mid-Meal Snacking Option

●       Now present in more than 100+ premium retail stores across Bengaluru

●       Also expanding its presence in Pune

●       Contains nutritious ingredients that promote healthy lifestyle

Munchilicious Granola (A Soch Foods LLP Product), with its healthy breakfast and the mid-meal snacking option has paved its way into the Silicon Valley of India – Bengaluru. The brand is currently present in major metro cities that are Mumbai, Pune, Chennai and Delhi, and now spreading its reach to the people of Bengaluru.

Talking about the brand's presence in the first phase, Munchilicious Granola has already made its way into more than 100+ retail stores in Bengaluru. Munchilicious is now reaching out to people of Bengaluru with the goodness of its nutritious granola with its three variants such as Original, Dried Fruits and Dark Chocolate. The healthy yet tasty Munchilicious Granola is also available on various eCommerce platforms like Amazon, Flipkart, Big Basket, and many more. Under its expansion plan Munchilicious will be available in 70 more stores in the coming months.

Munchilicious is mainly focusing on the traditional distribution model and will associate with all A+ retail stores, supermarkets and nutrition stores in Bengaluru. A lot of emphases would also be laid on marketing where the company will use product sampling as the main tool to reach out to customers. Also, with the help of retail collaterals Munchilicious tends to focus on creating awareness about it benefits to the consumers.

Now with the office goers making their way back to their desks and keeping in mind the ever-so-busy Bengaluru work-life, Munchilicious has also launched its 40gm pack which can be a healthy on-the-go breakfast, a perfect tea-time snack, or can be consumed while waiting for the signal to turn green. The existing 500gm pack makes up for a wholesome breakfast and snack, but the new smaller pack is a great on-the-go munchie with the same nutrient values.

Mr. Rohit Mohan Pugalia, Founder & CEO, Munchilicious Granola (A SOCH Foods LLP Product), said, “We are expanding our presence in Bengaluru with our top three variants that are Original, Dried Fruits and Dark Chocolate. We have set our eyes on crossing the milestone of 5L+ in 2 months. With an overwhelming response that we have received in other metro cities, I am sure Bengaluru will be as accommodating. With this expansion, we plan to inculcate the idea of conscious snaking among our consumers.”

Munchilicious is a brand of Soch Foods LLP that aims to usher-in a healthy food lifestyle in general and particularly for the new-age, health-conscious, as well as time-starved working professionals. Over a short period, Munchilicious has made its way to leading retail platforms across India, such as Nature’s Basket, Spencers, Amazon, Flipkart, and many more. Presently, Munchilicious Granola is available in the popular variants of Dried Fruits, Original, Grain-Free, Desi-Twist, and Dark Chocolate. Consumers can enjoy Munchilicious Granola directly out of the box and also with milk, ice-cream, yogurt, smoothies, and protein shakes, amongst others. All Munchilicious products are tested in Asia's trusted and well-known Lab TUV SUD and are ISO22000 certified. Mrs. Purvi Pugalia, the co-promoter of SOCH Foods, is the Master Chef of Munchilicious Granola, who supervises the taste and quality aspects of the brand.

About Soch Foods LLP

Food for thought, thought for food! Mr. Rohit Mohan Pugalia and his better half Mrs. Purvi Rohit Pugalia who transformed their passion for food into a successful venture, started Soch Foods LLP with a small "Soch" (thought) of providing healthy snacking options. The company was founded with a thought that arose after the duo observed healthy eating patterns of fitness-conscious Indians. Soch Foods LLP was incorporated on 2nd May 2016. Started as a home kitchen company, today they are manufacturing and exporting healthy granola snacks under the brand name "Munchilicious" to many countries. Munchilicious is a healthy breakfast and mid-meal snacking brand of Soch Foods LLP that promotes healthy and conscious eating. It currently has five delicious variants of Granola. The munchies come power-packed with nutrition and fall-in-love-with the taste that even your palate welcomes with a warm heart! It is also available on munchilicious.com

This Festive Season, Celebrate Your Diwali with Blue Dart’s Diwali Express

Blue Dart, India’s leading logistics service provider and part of Deutsche Post DHL Group (DPDHL), announces the Diwali Express Offer to help customers spread the joy of the festive season to all their near and dear ones with special discounted pricing.  

The Diwali Express offer includes a special discount of 40% on all Diwali Gift Shipments weighing between 2 kgs to 10 kgs for both Domestic as well as International. This offer will be applicable on Non Doc Shipments for Domestic Priority, International and Time Definite International shipments. Further, the offer is valid till November 14th, 2020. 

Blue Dart’s Diwali Express is a unique opportunity that has been appreciated by customers for years. Through its widespread Indian domestic network, Blue Dart will deliver  to 34,000+ locations across India and to 220 countries and territories across the globe and one can send the sweets, gifts, apparels and many more to your loved one in India and abroad with the special offers and discounts from the Blue Dart in the current situation.   

Speaking about the Diwali Express, Mr. Ketan Kulkarni, CMO & Head - Business Development, Blue Dart said, “The festive season is an important time of the year as in these next few months, we see business pick up across industry verticals but most importantly it is a time where our customers feel the joy and spread the happiness. This year follows suit, and I would encourage consumers to avail this special offer across all Blue Dart stores. We want to give families that live apart, the opportunity of experiencing the festive season to the fullest by staying connected across the country and globe. We strive to provide a hassle-free, accurate and timely delivery so that people can enjoy their Diwali to the utmost.” 

He further added, “While the year began with industries and organizations across the globe working to acclimatize to the ‘new normal’, Blue Dart is and has been functional through the lockdown with our people working round-the-clock to ensure the continuity of the mission critical supply chain.” 

Blue Dart has always been a customer centric organization and technology and automation has been a major pivot for our business. During the festive period, Blue Dart is always inundated with delivery requests from across the globe. Leveraging leading predictive logistics platform, Blue Dart ensures timely, seamless, and contactless deliveries across the nation on the occasion and allowing people to celebrate with the same fervor and joy. Application programming interface (API) integration-based solutions for customers have been enhanced for exchanging manifest at detailed levels to ensure an automated and seamless supply chain, from pre-pick up till post-delivery- 24x7.  

Blue Dart provide customers with an array of acceptable payment modes to include 14 digital wallets, Net banking, Credit & Debit Cards, Bharat QR Code and UPI (BHIM). Adhering to the protocols of the Health Ministry, Blue Dart recently rolled out our Contact Less Delivery feature for our award-winning Door-to-Door Express pick-up and delivery services under the strictest health and safety standards and procedures designed to minimize or eliminate contact during the delivery of shipments.  

Quick Heal Technologies Appoints 2 Global Experts to Accelerate Innovation in Cybersecurity

* Mr. Sanjay Agrawal joins as Chief Product Officer to drive product vision and strategy

* Mr. Bibhuti Kar joins as Head of Research & Development to develop innovative security products and solutions

Quick Heal Technologies Limited, one of the leading providers of IT Security and Data Protection solutions for consumers, businesses, and government, has further strengthened its R&D leadership team with the appointment of global experts, Mr. Sanjay Agrawal and Mr. Bibhuti Kar as Chief Product Officer and Head of Research and Development respectively. The expansion of the leadership team reinforces Quick Heal’s commitment to accelerate product innovation and drive expansion of next-generation enterprise security solutions under the “Seqrite®” brand.

In his role, Sanjay will be responsible for driving the overall product vision and strategy in line with market expectations. While Bibhuti will drive the company’s development efforts leading a team of talented engineering professionals and security researchers.

Sanjay is an entrepreneurial engineering and product leader with over two decades of experience and proven success in building cybersecurity products for the global markets. He has served many prestigious and high performing roles, including Vice President of Engineering Application and Security at ColorTokens and Director of Engineering at Cisco. A computer engineering graduate from the University of Illinois, Sanjay holds a Ph.D. and an M.S from Stanford University in Electrical Engineering and Computer Science (EECS).

Bibhuti brings with him over two and a half decades of rich experience in the global high-tech industry. An alumnus of IIT Kharagpur with a master's in ECE, he started his career with the Defense Research and Development Organization (DRDO) as a project assistant on missile communication systems. Post this, he held several prestigious roles in leading technology companies like Cisco, Bell Northern Research and Sophos.

Dr. Kailash Katkar, Managing Director and Chief Executive Officer, Quick Heal Technologies, said, "We are pleased to welcome two strong and successful leaders who have proven track record of developing next-generation cybersecurity products and solutions globally. The addition of Sanjay and Bibhuti will further accelerate our efforts to strengthen our enterprise security business. We are certain that they will add significant value to Quick Heal Technologies as we continue to innovate and deliver world-class security products and solutions in sync with the ever-evolving and dynamic market expectations.”

Mr. Sanjay Agrawal, Chief Product Officer, Quick Heal Technologies, said, "I am excited to join Quick Heal Technologies, a company that has crafted its legacy and earned the reputation as the cybersecurity leader in India. I am excited with the opportunity to innovate and build world-class products to deliver the best in class protection against complex security threats.”

Mr. Bibhuti Kar, Head – Research and Development, Quick Heal Technologies, said, "I look forward to contributing to Quick Heal’s strategic focus of securing the digital transformation journey of businesses and consumers. It is an honor to lead a team of extremely talented engineering professionals and security researchers working towards delivering the finest security solutions.”

About Quick Heal Technologies:

Quick Heal Technologies Limited is one of the leading providers of IT Security and Data Protection Solutions with a strong footprint in India and an evolving global presence. Incorporated in the year 1995, with a registered office in Pune, it is an all-round player in cybersecurity with presence in B2B, B2G and B2C segments across multiple product categories – endpoints, network, data and mobility.

With its state-of-the-art R&D centre and deep intelligence on the threat landscape, Quick Heal helps in simplifying security by delivering the best in class protection against advanced cyber-attacks. Its portfolio includes solutions under the widely recognized brand names ‘Quick Heal’ and ‘Seqrite’ across various operating systems and devices.

SBI Life Insurance Registers New Business Premium of Rs. 8,998 Crore in FY02, 2020

SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of Rs. 8,998 crore for the period ended on 30th September, 2020 vis-a-vis Rs. 7,817 crore for the period ended September 30, 2019. Single premium has increased by 54% over the corresponding year.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at Rs. 910 crore for the period ended September 30, 2020. Protection Individual new business premium registered a growth of 13% and stood at Rs. 267 crore for the period ended September 30, 2020. Individual New Business Premium stands at Rs. 4,206 crore.

SBI Life’s profit after tax stands at Rs. 691 crore for the period ended September 30, 2020 registering a strong growth of 38% over the corresponding year.

The company’s solvency ratio continues to remain robust at 2.45 as on September 30, 2020 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 20% to Rs. 1,86,360 crore as on September 30, 2020 from Rs. 1,54,758 crore as on September 30, 2019, with the debt-equity mix of 76:24. 90% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 2,07,520 trained insurance professionals and wide presence with 947 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, micro agents, common service centers, insurance marketing firms, web aggregators and direct business.

Performance for the period ended September 30, 2020

·  New Business Premium (NBP) increased by 15%

·  Private market leadership in Total NBP with 24.5% market share

·  Private market leadership in Individual Rated Premium (IRP) with 20.7% market share

·  Decrease in Operating expense ratio from 6.4% to 5.4%

·  Increase in Persistency: 25th month by 147 bps to 78.83% & 61st month by 339 bps to 60.87%

·  Increase in Profit after tax by 38% to Rs. 691 crore

·  Increase in Value of New Business Margin by 70bps to 18.8%

·  Indian Embedded Value (IEV) increased by 21% to Rs. 29,861 crore

Tata Motors Bags the Prestigious Order of 6413 Vehicles from Andhra Pradesh State Civil Supplies Corporation

 

Key Highlights:

·         Largest order till date from Andhra Pradesh State Civil Supplies Corporation

·         The vehicles will be used for doorstep delivery of supplies in the state of Andhra Pradesh

·         Tata Ace Gold emerged as the top bidder for its low cost of operations, durability and versatility

Tata Motors, India’s largest commercial vehicle manufacturer, today announced that it has bagged the prestigious order of 6413 vehicles from Andhra Pradesh State Civil Supplies Corporation. Tata Motors emerged as the top bidder, as per the terms and conditions of the government body, and will be delivering the fully-built Tata Ace Gold vehicles. The vehicles are to be used as mobile dispensing units for the doorstep delivery of supplies in the state of Andhra Pradesh, and will be customised by Tata Motors to perfectly suit the application. The Tata Ace Gold was chosen for its value-for-money, low cost of operations, durability and versatility. The e-bidding process was carried out through the Government e-Marketplace.

On the momentous occasion, Mr. Vinay Pathak, Vice President, Product Line, SCV & PU, Tata Motors, said, “We’re delighted to be associated with Andhra Pradesh Civil Supplies Corporation. It is one of the most prestigious orders we have won till now, and we will not only be delivering the customised, fully-built Ace Gold mini trucks, but also be helping the corporation in the comprehensive maintenance of the vehicles. It gives me immense joy to see that our upgraded range of BS6 vehicles are extremely well received by the customers, be it private owners or government bodies.”

The Tata Ace Gold is available in diesel, petrol and CNG BS6-compliant engine options to cater to the evolving needs of the customers, and is seen as a great value-for-money product by its owners because of its reliability, durability and versatility. The Tata Ace is known for its ability to earn more for its owners, low maintenance and operating costs, high resale value and good driving comfort. The Tata Ace brand celebrates its 15th anniversary and has remained the customers’ no. 1 choice throughout that period. It has emerged as the trusted partner for more than 22 lakh entrepreneurs and happy owners till date.

About Tata Motors

Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 35 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses. Part of the USD 113 billion Tata group, Tata Motors is India’s largest and the only OEM offering extensive range of integrated, smart and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a strong global network of 103 subsidiaries, 10 associate companies, 3 joint ventures and 2 joint operations as on March 31, 2020.

With a focus on engineering and tech enabled automotive solutions catering to the future of mobility, Tata Motors is India’s market leader in commercial vehicles and amongst the top four in the passenger vehicles market. With ‘Connecting Aspirations’ at the core of its brand promise, the company’s innovation efforts are focused to develop pioneering technologies that are sustainable as well as suited to evolving aspirations of the market and the customers. Tata Motors strives to bring new products that fire the imagination of GenNext customers, fueled by state of the art design and R&D centers located in India, UK, US, Italy and South Korea. Internationally, Tata commercial and passenger vehicles are marketed in countries, spread across Africa, the Middle East, South Asia, South East Asia, South America, Australia, CIS, and Russia.