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Trump requires skilled immigrants but creates new hurdles

It might be a while before President Donald Trump gets another chance at creating a new, "merit-based" immigration system, a keystone of his four-part plan that Congress rejected a month ago. Meanwhile, his administration is attempting to make it harder for skilled migrants to come work in the US. The State Department has terminated an Obama-era program which allows foreign entrepreneurs to start companies in the US. It is aggressively scrutinizing visa applications for skilled workers from other countries. In addition, it is considering terminating a provision that permits the spouses of those skilled workers to work in the US. The administration and its supporters claiming that they are trying to mend flaws in the current, employer-centric skilled immigration system while campaigning for a complete revamp of America's immigration system. Mark Krikorian of the Center for Immigration Studies, which supports reducing immigration said, "The stuff ...

Facebook is hiring in India : Know how to apply

Working with the best social media platform is a dream of many but due to the extreme competition, only a few get the opportunity to become a part of companies like Facebook. Right from an attractive pay package, challenging and creative projects to various fun activities organised by the company, an employee has the perfect professional life. Facebook has a number of current openings and has invited applications from interested candidates to apply for the same. Check the eligibility criteria and other details. The job location is India. Current openings in different cities of India — Director & Head of Partnerships (Gurgaon) — Quality Operations Project Manager (Mumbai/New Delhi/Hyderabad/Gurgaon) — Product Growth Manager (New Delhi, Mumbai, Hyderabad) — Managing Director and Vice President (Gurgaon) — GMS Recruiter (Gurgaon) — Head of Client Solutions (Mumbai, Gurgaon) — Business Marketing Manager (Gurgaon) — Policy Programmes Manager...

Indian IT industry to employ 15,000 cybersecurity experts in 2018

Increasing fear of cyber attacks has created new market opportunity in cybersecurity sector. The demand for cybersecurity professionals has gone up by 3x in the last one year. The industry has over 15,000 open positions related to cybersecurity. India’s cybersecurity measures are fairly poor as compared to some of the developed nations. The country needs to put in extra efforts to fight against cyber attacks. The adoption of internet and smartphones will further boost the demand in cybersecurity domain. A report by Belong research suggests a great spike in cybersecurity jobs this year. An outbound recruitment solution, Belong has published a report based on job postings by companies that recruit cyber professionals on multiple platforms. The report states, “As companies seek to bolster their defense against data security breaches, the demand for cybersecurity experts in India has outstripped supply of these professionals by three times over the past 12 months.” The de...

H4 visa issue: Is Trump administration confusing Indian techies?

The Trump administration decided to delay the decision regarding H4 visa. This is supposed to be a good news, but it has nothing but confused the Indian techies working in the US. The department of homeland security (DHS) deferred issuing the proposal to restrict work permits for H4 dependent visas. The decision was supposed to be taken by February 28 but it has now been delayed to the end of June 2018. The move comes just a few days after the Trump administration announced increased scrutiny for H-1B visa approvals, making it rather confusing for existing H-1B holders. Indian families are largest beneficiaries of H-4 visas. H-1B visa holders that move to the US with their spouses can apply for work permit for their spouses. The provision of H-4 visa has helped many Indian H-1B holders find work for their spouses. The department of homeland security (DHS) was planning to issue the proposal to restrict work permits for H-4 visa holders. The government led by the former...

We should use AI to solve social problems, said PM Modi

It is no news that IT workers are looking at AI and automation as a big threat. India’s Prime Minister Narendra Modi thinks that Artificial Intelligence (AI) can solve a number of problems in the country In his monthly ‘Mann ki Baat’ radio broadcast, he emphasized on how AI can solve a number of issues in the country. He deliberately focused on how ‘Artificial Intelligence’ can help the country in solving problems like differently abled persons, tracking natural disasters, assisting farmers and extending health services. PMO Modi is keen on learning more about the real-world use cases of AI and automation. If artificial intelligence is harnessed and implemented in a right way, it can add a huge benefit to the society. With the large population and digital literacy, India has a great pool of data that we can use for creating highly-advanced AI technologies. He said, “It was interesting to know about the ongoing miraculous accomplishments in the field of science. Artifi...

Using Analytics to Improve Customer Engagement

The 2018 Data & Analytics Global Executive Study and Research Report by   MIT Sloan Management Review   finds that innovative, analytically mature organizations make use of data from multiple sources: customers, vendors, regulators, and even competitors. The report, based on   MIT SMR ’s eighth annual data and analytics global survey of over 1,900 business executives, managers, and analytics professionals, explores companies leading the way with analytics and customer engagement. BIGGER HARVESTS, BETTER RELATIONSHIPS For many U.S. farmers, improving agricultural productivity while meeting consumer demand to reduce the use of pesticides and chemicals on crops became a goal during the 2000s. To help farmers manage pests, plant diseases, weather conditions, and yields, dozens of startups emerged to offer apps and data services — part of a precision agriculture boom. Many of these companies failed or struggled as data alone proved insufficient; farmers also ne...

Why WhatsApp's entry into payment arena could change Indian banking forever?

After months of anticipation,  WhatsApp  rolled out its payments feature to select users across the country to much enthusiasm this week, providing a strong boost to India’s  digital payments  ecosystem. But that didn’t almost happen because of the company’s foreign origin. Turns out, this was WhatsApp’s second endeavour to enter India’s payments market. Last year, the messaging app, the largest in India, tried to partner with a private bank in the country to develop a digital wallet app to facilitate payments on its platform. That was when it ran into a reluctant Reserve Bank of India. The regulator was not ready to allow a foreign entity to enter India’s digital payments space, according to multiple stakeholders ET spoke with to piece together the story behind WhatsApp payments. “Non-bank entities applying for authorisation shall be a company incorporated in India and registered under the Companies Act 1956 / Companies Act 2013,” read  RBI ’s master gui...

Why SAP is training 15000 Indian engineers on new technologies

SAP has collaborated with an Indian state government to offer skill development program. The initiative is planned to train the engineering students on technologies like AI, IoT, and blockchain. With the adoption of emerging technologies, it has become increasingly difficult to find jobs. State and central governments are collaborating with tech companies to create jobs in relevant technologies. SAP has collaborated with Karnataka government’s Department of Information Technology, Biotechnology and Science & Technology (ITBT and S&T).  The collaborative plan is to support train 15,000 people on emerging technologies like IoT, blockchain and AI. The initiative called ‘Yuva Yuga’ has been announced by the Department of ITBT for the same. The idea is to train the youth across multiple industries for free. The program is designed to fill the skills gap that has been created in the job market today. The initiative is far beyond the terms of re-skilling. SAP wan...

PNB fraud: How Rs 11,300 Cr vanished from 1 a/c

In one of the biggest fraud cases to hit Indian banking, the country's second-largest lender Punjab National Bank (PNB) informed stock exchanges on Wednesday that it has been hit by embezzlement amounting to Rs 11,300 crore at one of its branches in Mumbai. Here is how the fraud took place: 1. The scam started in 2011. We ourselves found out about the fraud and reported it to the concerned agencies, Punjab National Bank (PNB) MD Sunil Mehta said in a presser on Thursday. 2. We detected the fraud on January 3. We got to know that 2 of our employees did some un-authorized transactions. The bank initiated criminal action against our staff members, the PNB MD said. This is a standalone incident. It has taken place only in one of our branches, Mehta said. 3. We have lodged FIRs and complaints. PNB has capability and capacity to come out of this, Mehta said. We have not shirked in our responsibility, he added. 4. On Thursday, the Enforcement Directorate (ED) reg...

Edtech startup IMAX Program raises $13.5M from MSDF, LGT Impact and Aspada

IMAX Program will use this funding to further invest in product innovation and geographical expansion. Edtech startup IMAX Program has announced that it has raised $13.5 million in its latest round of funding. The investment was advised by LGT Impact, the impact investment team of LGT. The round also saw participation from the Michael & Susan Dell Foundation (MSDF), and Aspada, an existing investor in the company. The IMAX Program includes textbooks, workbooks, school exams, feedback reports and individualised remedial worksheets along with teacher manuals and teacher training modules. The uniqueness of the programme is in using the regular school exam data to provide individualised remedial worksheets. To ensure smooth integration with schools, the technology platform works at the backend to deliver exams, reports and remedial worksheets in print. The exam-remediation loop ensures that the key learning gaps are identified and bridged, thereby maximising learning....