Thursday, August 13
NEW DELHI: Artificial Intelligence (AI) technology and soon-to-commercialise semiconductor manufacturing units would add new employment opportunities to India's burgeoning electronics sector by 2030, a top official said.By 2030, 4 million (40 lakhs) jobs will be created," Ministry of Electronics & IT (MeitY) secretary S Krishnan, citing a recent study, said, and added, "coding and programming kind of roles fundamentally will go but newer jobs like application development will come up."In a recent finding, NITI Aayog, a policy think-tank said that by 2030-31, artificial intelligence presents an opportunity to create up to 4 million new, AI-first roles in the next five years in the tech services sector, while posing a threat of displacing up to 1.5 to 2 million jobs.The study was conduc
ITC Hotels reported a 77% jump in its consolidated net profit to Rs 235 crore for the quarter ended December 31, 2025 on Tuesday versus Rs 133 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the parent. The company's revenue from operations surged 47% in Q3FY26 to Rs 1,231 crore compared to Rs 839 crore in the year ago period.The bottom line increased by over 9% sequentially in the quarter under review versus Rs 215 crore in Q2FY26 while the topline saw a 21% uptick against Rs 1,015 crore in the same period.The earnings were announced during market hours and ITC Hotels shares were trading at Rs 182.80, down 1.33% around 2:15 pm, though up from the day's low of Rs 181. ITC Hotels, a hospitality arm of ITC Limited, incurred expenses of Rs 870 crore i
