Designed to meet the needs of modern vehicle owners, the store seamlessly integrates innovative technology with expert service, ensuring the highest levels of customer satisfaction.

Commenting on the occasion, Mr. Shantanu Deshpande, Managing Director of Michelin India, said, “The opening of the new dealership underscores Michelin India’s commitment to expanding its footprint in India and delivering exceptional tyre solutions. Our focus remains on partnering with dealers who share our vision of innovation and excellence, as we plan to inaugurate more dealerships across the country in the near future. Resham Tyres stand as testaments to Michelin’s dedication to quality, innovation, and customer satisfaction, solidifying its position as a leader in the Indian tyre market.”

With over 15 years of experience in the tyre business, Resham Tyres has established itself as a trusted name in the industry. The company currently operates three outlets across Delhi-NCR and has ambitious plans for further expansion in the region.

The owner of Resham Tyres brings a unique edge to the business with a rich background in motorsports. A multi-time winner and participant in major Indian racing events, the owner has also served as a technical team member at Buddh International Circuit. The journey began with India’s first JK Steel Wheel Tyre Showroom in Indirapuram, Ghaziabad, and has since evolved to include other premium brands offering comprehensive car care services under one roof.

Resham Tyres remains steadfast in its commitment to delivering quality products and services while continuing its growth trajectory across Delhi-NCR. 

The mega event also set the stage for launching its new portfolio, introducing over 100 new models under the Eastman brand. Lucknow as a venue is key for Eastman since UP is a focus market contributing up to 28%  of sales for inverter and inverter batteries.The expanded portfolio covers a wide spectrum of capacities, from 100Ah to a groundbreaking 400Ah, the first of its kind in India. This ensures energy solutions for every application, whether residential, commercial, or industrial. The launch positions Eastman as a leader in the inverter battery market, offering the largest portfolio, the highest capacity, and the longest warranty in the industry, creating a one-stop solution for every power need. This launch is  also accompanied by the announcement of over 70 new models under the sister brand ADDO taking the total offerings to 170+ SKU’s. 

Produced by musical powerhouses Mikey McCleary and Parth Parekh, the track fuses vintage charm with contemporary beats, promising an electrifying blend of sounds that will resonate with fans across all generations. Boom Boom is a reawakening of the iconic energy, a celebration of its vibrant spirit and infectious groove, reimagined to unite hearts and light up the dance floor.

“It’s an absolute honor to be able to recreate Nazia Hassan and Biddu’s classic song,” said W.i.S.H. “We’ve all been influenced and inspired by the disco era and so we’ve poured our hearts into this project, crafting the sound into a perfect blend to present to the new generation.  It’s a balance of nostalgia and innovation, something we’re incredibly proud to share.” 

“This project was truly special,” says Mikey McCleary. “Nazia Hassan and Biddu’s original was ahead of its time and remains unmatched. With W.i.S.H., we wanted to retain its timeless appeal while introducing a fresh sonic palette that today’s audience would embrace. It’s a homage to this timeless classic and a celebration of the disco era” 

W.i.S.H. ‘s rendition of Boom Boom pulses with vibrant energy, blending intricate vocals and dynamic instrumentation into a groove that’s sure to leave a lasting impression.

Listen to Boom Boom by W.i.S.H. here: https://www.youtube.com/watch?v=o3nCNRgzvKc

Coupon Rate Upto 9.25% p.a.; Effective Yield Up to 9.27% p.a.

• Public issue of secured, rated, listed, redeemable non-convertible debentures (“NCDs”) of face value and Issue price of ₹ 1,000 each
• The Tranche I Issue includes a base Issue size of ₹ 100 crores with an option to retain oversubscription up to ₹ 400 crores aggregating up to ₹ 500 crores; within a shelf limit of ₹ 3,000 crore 
• NCDs proposed to be issued pursuant to the Tranche I Issue are rated as “CRISIL AA/Stable” by CRISIL Ratings Limited and “IND AA/Stable” by India Ratings and Research Private Limited
• Tenor options: 24 months, 36 months, 60 months & 84 months with monthly and annual coupon payment options
• Coupon rate up to 9.25% p.a.^** and Effective Yield up to 9.27% p.a.^**
• Allotment on first-come-first-serve basis^$
• The NCDs are proposed to be listed on BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). NSE Limited is the designated stock exchange for the Tranche I Issue.

Lucknow: IIFL Home Finance Ltd (“IIFL HFL”) has announced its public issue of secured, rated, listed redeemable non-convertible debentures of the face value of ₹1,000 each (“NCDs”) with a base Issue size of ₹100 crores with an option to retain any oversubscription up to ₹ 400 crores, aggregating up to ₹ 500 crores, which is within the shelf limit of ₹ 3000 crore (“Tranche I Issue”). The Tranche I Issue opens on Friday, December 6, 2024 and closes on Thursday, December 19, 2024 with an option of early closure in compliance with SEBI NCS Regulations.

The NCDs are proposed to be listed on BSE and NSE (“NSE” together with BSE, the “Stock Exchanges”) NSE shall be the Designated Stock Exchange for the Tranche I Issue. The NCDs have been rated as “CRISIL AA/Stable” by CRISIL Ratings Limited and “IND AA/Stable” by India Ratings and Research Private Limited.

The Tranche I Issue offers various series of NCDs for subscription with coupon rates ranging from 8.85% per annum to 9.25% per annum. The NCDs under the Tranche I Issue are being offered with maturity/ tenor options of 24 months, 36 months, 60 months and 84 Months with monthly and annual coupon payments options across series I, II, III, IV, V, VI, VII, VIII and IX. Effective yield (per annum) for the NCD holders in all categories of Investors ranges from 8.85% per annum to 9.27% per annum.

Net proceeds of the Tranche I Issue, after meeting the expenditures of and related to the Tranche I Issue, at least 75% shall be utilised for the purpose of onward lending, financing / refinancing the existing indebtedness of the Company, and/or debt servicing payment of interest and/or repayment / prepayment of interest and principal of existing borrowings of the Company and maximum up to 25% for general corporate purposes.

The terms of each series of NCDs offered under the Tranche I Issue are set out below:

*Our Company shall allocate and allot Series IV NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.

1. With respect to Series where interest is to be paid on an annual basis, relevant interest will be paid on each anniversary of the Deemed Date of Allotment on the face value of the NCDs. The last interest payment under annual Series will be made at the time of redemption of the NCDs.
2. With respect to Series where interest is to be paid on monthly basis, relevant interest will be paid on the first date of every month on the face value of the NCDs. The last interest payment under monthly Series will be made at the time of redemption of the NCDs. For the first interest payment for NCDs under the monthly options, interest from the Deemed Date of Allotment till the last day of the subsequent month will be clubbed and paid on the first day of the month next to that subsequent month.
3. Subject to applicable tax deducted at source, if any.
4. Please refer to Annexure C of Tranche I Prospectus for details pertaining to the cash flows of the Company in accordance with the SEBI NCS Master Circular
5. For the Series where interest is to be paid on an annual basis, relevant interest will be paid on each anniversary of the Deemed Date of Allotment on the face value of the NCDs. The last interest payment under annual Series will be made at the time of redemption of the NCDs. For the Series where interest is to be paid on monthly basis, relevant interest will be calculated from the first day till the last date of every month during the tenor of such NCDs and paid on the first day of every subsequent month. For the first interest payment for NCDs under the monthly options, interest from the Deemed Date of Allotment till the last day of the subsequent month will be clubbed and paid on the first day of the month next to that subsequent month.             

Trust Investment Advisors Private Limited and IIFL Capital Services Limited (Formerly Known as IIFL Securities Limited)* are the Lead Managers to the Issue. Catalyst Trusteeship Limited is the Debenture Trustee to the Issue and LINK Intime India Private Limited is the Registrar to the Tranche I Issue.

*IIFL Capital Services Limited (formerly known as IIFL Securities Limited) is deemed to be an associate of the Issuer as per the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992, as amended (Merchant Bankers Regulations). Further, in compliance with the provisions of Regulation 21A and explanation to Regulation 21A of the Merchant Bankers Regulations, IIFL Capital Services Limited (formerly known as IIFL Securities Limited) would be involved only in marketing of the Issue and as per Regulation 25 (3) of SEBI NCS Regulations shall not issue a due diligence certificate.

^# The Tranche I Prospectus dated November 27, 2024 shall be read in conjunction with the statutory advertisement cum corrigendum notice to the Tranche I Prospectus dated December 4, 2024 (together, referred to as the “Tranche I Prospectus”)

Born of the stars, platinum, arrived on earth through a meteorite crash over 2 billion years ago. This precious metal is only found in select few locations around the world and is 30times rarer than gold. Its unparalleled strength ensures it doesn’t change form or lose its natural white, mirroring the resilience and constancy of a love that is truly one of a kind. Just as platinum endures without fading, so does the love it symbolizes—unwavering and eternal.

Crafted from 95% pure and exceptionally rare platinum, Platinum Love Bands are not just jewelry; they are the ultimate symbol of love. These bands celebrate modern relationship values—cherishing each other’s individuality, celebrating mutual successes, and equally sharing life’s responsibilities. The distinctive textures, fluid lines, and elegant motifs of each band capture these principles beautifully. Whether you prefer a minimalist and chic style or timeless elegance, the diverse collection of Platinum Love Bands offers something that deeply resonates with all couples committed to the journey of love.

Platinum, with its rich heritage and contemporary appeal, perfectly translates today’s design trends into unique pieces that narrate your personal love story. Opting for Platinum Love Bands means choosing a symbol of love that blends tradition with modernity, designed to remain beautiful throughout your shared future. As you and your loved one look to commemorate the pivotal moments that define your relationship, especially that profound moment when you realize this love is truly for keeps, let Platinum Love Bands be the lasting emblem of your bond

LASTING PROMISES

The moment you realise that your love is a steady rock on which you can rely on in the face of uncertainty, you know you’ve found a love that’s truly rare

These love bands, designed with repeating forms, serve as a reminder of your unshakable trust in each other. No matter how many times life alters its course, your love remains steadfast. Cast in platinum, a metal with unmatched strength that makes it so rare, these Platinum Love Bands perfectly match the strength of your love. A love so rare. A love so platinum.

HEARTS IN HARMONY

The moment you realise that you mirror each other’s dreams and beliefs, you know you’ve found a love that’s truly rare. These love bands are mirror images of each other, reflecting how you grow together, backing each other all the way. Cast in 95% pure platinum, one of the highest standards of purity in precious jewellery, platinum is truly one of a kind. Let these Platinum Love Bands be enduring symbols of your unbreakable bond.
A love so rare. A love so platinum.

BLISSFUL BALANCE

The moment you realize that your unique journeys have seamlessly united to forge a harmonious haven, you know you’ve found a love that’s truly rare. These love bands embody the essence of duality. They combine brushed and glossy textures on his ring, and plain studded finishes on hers, merging into beautiful central motifs that symbolize your love. They perfectly represent your two paths that merge into one cherished space. Cast in a celestial metal that arrived on earth through a meteorite crash billions of year ago, platinum is truly rare. Let these Platinum Love Bands serve as a testament to your unique journey together. A love so rare. A love so platinum

 Delhi: Indian DeepTech Robotics Startup, CynLr (Cybernetics Laboratory) has raised $10Million / 74Cr in a fresh round of Series A funding led by Pavestone and Athera Venture Partners (formerly Inventus India), bringing its total funding to $15.2 Million. Existing investors Speciale Invest, Infoedge (Redstart) and others also participated in this round of fundraising. CynLr is building the missing layers of fundamental technology that will enable the robots to intuitively recognize and manipulate even unknown objects of any shape, colour, size and form, just like a human baby might. Solving this four-decade-old problem in robotics will be the key to achieving the concept of “Universal Factories”.

Imagine a factory the size of a small car, capable of producing every kind of product, irrespective of shape, size, or complexity—from an LED television to a car, and even a tiny bottle of shampoo—and this mini factory can be installed on every street and every corner. This is the vision CynLr is working to bring to life with their robots, which have cracked the first step toward making this vision a reality: the ability to observe, understand, and interact with the physical world. This seemingly simple ability—to pick up anything in front of us without a plan or thought—has remained an unsolved problem in robotics for 40 years. CynLr is solving this by drawing inspiration from the very technology we humans are born with: our eyes and brain, which are naturally designed to perceive, touch, feel, and interact with the physical world.

In the past year CynLr has attracted close to 15k job applicants from across the country, ranging from Core Engineering Talent to Research and Software Development.  CynLr will now expand its 60-member core team into a 120-member Global team. It also aims to harness the talent from India’s tier-2 cities—individuals with global mettle and bring them to an international stage. Along with expanding its Research & SW dev team, CynLr will be hiring Marketing, Sales, Business and Operational Leaders across India, US and Switzerland. CynLr’s Design & Research Centre in Switzerland (Unlimitrust Campus, Prilly) was opened recently by Alain Gillièron, Mayor of Prilly during Swiss Indian Innovation Week on 26th September 2024. The Switzerland Centre will work closely with CynLr’s Research partners in EPFL LASA (Lausanne) and CSEM (Neuchâtel). 

CynLr sees a great opportunity for India to evolve into a research & design capital in Robotics. To foster an ecosystem for robotics research and development in India,  CynLr has established a 13,000sq. ft Robotics Lab in Bengaluru and hosts 25 Robot Systems which it plans to expand to 50+ systems by 2026. 

CyRo the 3-Armed, Modular, General-Purpose, Dexterous Robot System is CynLr’s first product that can intuitively pick any object without training and can be quickly configured for complex handling tasks.

CyRo is powered by CynLr’s proprietary Human-Eye inspired Robotic Vision Stack – CLX-01. Unlike traditional machine learning vision systems which relies only on pre fed data, CLX-01 uses real time motion and convergence of its two lenses to dynamically see depth of unknown Objects. This technology called Event Imaging, developed at CynLr is Highly Agnostic to Lighting Variations, even for Transparent & highly reflective Objects.

“With the CyRo form factor receiving a resounding response from customers, technology-market fit has been firmly established. These customers are now eager to integrate CyRo into their production lines and experiment the transformational vision of a ‘Universal Factory’ that can profitably produce custom-fit consumer goods, even at low volumes.

With the new round of funding, CynLr will focus to enhance its Hardware reliability, improve User experience by enhancing its SW performance and reduce costs for the customer. CynLr manages an extensive supply chain of 400+ parts sourced across 14 countries and will expand its Manufacturing Capacity to achieve the goal of deploying One Robot System per day and reach the $22 Million revenue milestone by 2027. ” says Gokul NA, Founder – Design, Product & Brand, CynLr.

“This round of investments will help us focus on Deeper R&D to build more complex applications and solutions for our customers – like Denso where they need to manage their demand variability for different parts through a hot-swappable robot station to plant-level automation – like with General Motors where they require one standard robot platform to handle 22000+ parts for assembly of the vehicles. With the current momentum of breakthroughs in CyRo’s capabilities, we will be able to substantially reduce costs and drive adoption, bringing it closer to realizing the possibility of creating an ‘Object Store’ – a platform similar to today’s app stores, allowing customers to pick a recipe of applications and Object models to have the Robot instantaneously perform a desired task. The company will simultaneously invest in infrastructure for support, solutions Engineering and sales to support this larger vision.” – Nikhil Ramaswamy, Founder – GTM, Sales & Investment.

“CynLr’s concept of a ‘Universal Factory’ will simplify and eliminate the Minimum Order Quantity bottleneck for manufacturing.  Furthermore, the idea of changing automation by simply downloading task recipe from an online platform, makes factories to be product agnostic that can produce entirely new products out of same factory at a click of a button, is a future that we look forward to ” – Sridhar Rampalli – Managing Partner, Pavestone Capital

“Automating using a state-of-the-art industrial robot today costs 3x the price of a robot in customization, along with 24+ months of design modifications. This is the significant technological bottleneck that the team at CynLr is solving, paving the way for long-overdue evolution in automation. We are excited to be a part of their journey in building the factories of the future” – Vishesh Rajaram – Managing Partner, Speciale Invest

” Enabling an industrial robot to perform seemingly simple tasks (like inserting a screw without slipping, for example), is what CynLr has managed to crack. This breakthrough will enable the manufacturing industry to dramatically increase efficiency, and maximize the value of production setups,” says Samir Kumar – GP,  Athera Venture Partners

The MoU was signed during a special ceremony held in CAPSI Headquarter, New Delhi was attended by Mr. Raj Joshua Thomas, President, Security Association of Singapore, Mr. Jourdan Sabapathy, Chief of Staff to Member of Parliament and Mr. Raymond Lee, Executive Director, Security Association of Singapore. Kunwar Vikram Singh, Chairman, CAPSI, Shri Sudhir Bhasin National Vice President, CAPSI, Shri Anil Dhawan, National Vice President, CAPSI, Brig. Baldev Singh, Member of Governing Council, CAPSI and Shri Bhagwan Shankar, Advisor CAPSI joined the signing of the MoU.

 This strategic partnership aims to:

• Promote Knowledge Exchange: Facilitate the sharing of best practices, training methodologies, and operational expertise between CAPSI and SAS to uplift industry standards.

• Enhance Professional Development: Develop joint programs and initiatives to empower security professionals through skill development, certifications, and continuous learning opportunities.

• Foster Innovation in Security Solutions: Encourage collaboration in exploring and implementing advanced technologies to address complex security challenges globally.

• Strengthen Industry Advocacy: Unite efforts in advocating for policies that enhance the effectiveness, professionalism, and sustainability of the private security sector.

Mutual Exchange of Ideas: Through International conferences which would encourage sharing of insights, promoting cross cultural understanding, facilitate open discussion to explore solution of pressing issues.  

The Chairman, CAPSI bestowed Honorary Membership of CAPSI to Mr. Raj Joshua Thomas, President, Security Association of CAPSI.

• Kunwar Vikram Singh, Chairman, CAPSI, expressed his enthusiasm, stating, “This MoU signifies a pivotal step toward establishing a global benchmark in private security services. By joining hands with SAS, we are confident in our ability to create robust frameworks that enhance safety and trust for communities worldwide.”

Mr. Raj Joshua Thomas, President of the Security Association of Singapore, echoed these sentiments: “The collaboration between SAS and CAPSI is a testament to our shared vision of a more secure and resilient future. Together, we will unlock new opportunities for innovation, knowledge sharing, and capacity building.”

The partnership comes at a time when the global private security industry is experiencing rapid growth and transformation and immense pressure in security issues. With emerging threats and the increasing reliance on technology, the collaboration between CAPSI and SAS underscores their commitment to staying at the forefront of these changes.

This MoU not only strengthens the bond between India and Singapore but also sets a benchmark for international cooperation in the private security sector. Both organizations are poised to make significant strides in shaping the future of global security.

Delhi: Myntra, one of India’s leading fashion, beauty and lifestyle destinations, brings the 21st edition of the iconic End Of Reason Sale (EORS), live now until the 17th. Marking a decade of extraordinary success, this shopping spectacle is set to dazzle fashion and beauty enthusiasts nationwide. Millions of shoppers from tier 1 and  2 cities, as well as beyond, can dive into an expansive collection from leading international, domestic and homegrown brands, offering more than 3.5Mn styles from over 9500 brands to cater to their fashion-forward needs.

The categories that are expected to garner traction from consumers during EORS include Men’s Casual Wear, Men’s and Women’s Ethnic wear, Women’s Western Wear, Beauty and Personal Care, Watches and Wearables, Winter Wear, Accessories, Travel essentials, Sports footwear, Kids’ Wear and wedding collections. Several popular brands that are expected to witness heightened traction include Levi’s, Nike, adidas, H&M, L’Oreal, Decathlon, New Balance, Wrogn, and Rare Rabbit, among others. From cozy layers to glamorous ensembles, curated collections ensure there’s something for every occasion, season, and style preference.

Adding to the thrill, FWD, Myntra’s Gen-Z proposition, will feature over 100K trend-first styles from brands including Hersheinbox, Glitchez, Kpop, Slyck, Lulu & Sky, Bonkers Corner, Kassually, Freakins, Pronk, Bewakoof, House of Koala among many others.

Exciting new launches for EORS-21

The 21st edition of EORS will make shopping delightful with a slew of new launches. These include the popular New York-based streetwear brand Extra Butter, Japanese sports brand Yonex, and Middle East-based kidswear brand Babyshop. Other exciting new collection launches include American Eagle Outfitters X Jahnvi Kapoor, Crocs X Squid Game, Titan Stellar’s limited edition The Unity Watch, CASIO G-Steel collection, Noise Air Clip Earbuds, Samsonite Red, CIGA Design, Anastasia Beverly Hills and men’s occasion wear collection from the brand Jaypore. 

New collection drops from Beauty and Personal Care brands include Max Factor X Priyanka Chopra Jonas collection, Clarins Hydra Essentiel Travel Collection, and Huda Beauty’s Easy Blur Foundation. Additionally, customers can also shop exciting new sneaker drops from brands like Nike, adidas Originals, and New Balance.

Speaking about the 21st edition of EORS, Bharath Kumar BS, Head of Revenue and Growth, Myntra said, “As we celebrate a decade of EORS, we’re thrilled to bring our customers an unmatched shopping experience. We have lined up an exciting selection of new international brand launches for our fashion-forward customers, furthering our commitment to making international brands accessible to millions of customers across the country. Additionally, with the wedding, holiday and party season kicking in, EORS will provide customers with trend-first styles, reflecting their personal choices, across fashion, beauty and accessories.” 

This mega event presents a one-of-its-kind opportunity for brands to engage with millions of customers, including first-time shoppers, eager to discover unique and trendy fashion and beauty solutions. The shopping event includes several exciting deals, including Brand Manias, Midnight Steal Runs, and Grab or Gone deals. 

Exciting partner bank offers on EORS-21

• Axis Bank: 10% instant off on credit cards and credit card EMIs
• Kotak Mahindra Bank: 10% instant off on credit and debit cards, plus an extra 5% off on Myntra Kotak co-branded credit cards
• State Bank of India: 10% instant off on SBI debit cards
• HDFC Bank: 10% instant off on HDFC credit and debit card EMIs
• Paytm UPI: Assured cashback of ₹20 up to ₹200 on orders of ₹750 and above
• Simpl: Cashback of ₹75 on orders above ₹1499 and ₹100 on orders above ₹1999

Leveraging the power of Social commerce for EORS-21

Taking engagement to the next level, Myntra will leverage its powerful Social Commerce platforms to connect with its ever-growing base of fashion-conscious shoppers. Top influencers from across the country, will create exclusive looks to inspire fashion and beauty enthusiasts. Adding to the excitement is Myntra Minis, a cutting-edge feature revolutionizing how users interact with fashion, beauty, and lifestyle content. Myntra Minis captivates Gen Z and millennials with vibrant, dynamic content, with users spending 80,000 hours monthly on average watching snackable videos and cementing itself as a game-changer in the world of immersive shopping.

Kochi’s youth prioritize savings accounts over other investment options, underscoring a conservative approach towards finance. Food expenses dominate spending for 70% of respondents, followed closely by healthcare and entertainment, reflecting a focus on essential and lifestyle costs.

Key Highlights from Kochi: 

• Savings Culture: A third of Kochi’s young adults save over 30% of their income, with 62% favouring traditional savings accounts over stocks (46%) and mutual funds (43%), highlighting it as their preferred investment method.

• Investment Preferences: Kochi’s youth show a preference for steady, conventional investments. Besides savings accounts, stocks and mutual funds are also popular, while gold (15%) and real estate (11%) hold the lowest interest.
• Spending Priorities: Food expenses are at an all-time high for 70% of respondents, followed by healthcare (66%) and entertainment (62%), highlighting a balanced focus on essential and discretionary spending.
• Early Investors: Kochi’s youth are proactive, with 43% starting their investment journey between the ages of 22-25, indicating a growing awareness of the importance of early financial planning.

“Kochi’s youth exemplifies a blend of financial caution and commitment, with a significant portion consistently saving over 30% of their income. The preference for traditional savings options underscores a disciplined approach to financial security, while early entry into investments reflects an encouraging trend of proactive financial planning. At Fin One, we are dedicated to supporting Kochi’s younger generation with the knowledge and tools needed to make informed financial decisions and achieve their financial aspirations,” said Paarth Dhar, Vice President, Angel One.

The overall India insight for the report reveals that 93% of young Indians consistently save, primarily setting aside 20-30% of their monthly income. Stocks and mutual funds are favoured, with 58% investing in stocks followed by 39% in mutual funds. Younger groups between the age of 18-21 show a strong preference for stocks, and around 62% rely on YouTube for financial guidance, with family and friends as secondary sources. The report also mentions that 71% of respondents feel financially literate.

This survey reaffirms the growing importance of financial literacy, disciplined saving and the use of technology among India’s young population. Angel One remains committed to driving financial empowerment in India through its innovative solutions and educational initiatives.

While the future of work remains predominantly hybrid, the return to office is gaining momentum, with the average time spent in the office increasing by 1.2x. Key drivers of this shift include the need for stronger cultural connections, enhanced cross-team collaboration, improved employee engagement, increased leadership interactions, role-specific or customer-driven requirements, and a more immersive learning experience.

Further, there has been a noticeable increase in willingness among both the current and future workforce to embrace the gig model. Approximately 35% of each group expressed openness to gig opportunities, a significant rise from 23% for the current workforce and 28% for the future workforce in the previous year. Key skills driving demand for gig roles in the technology sector include Generative AI & Automation, Information and Cyber Security, Digital Transformation, Solution Architecture, and Data Engineering.

Gen Z and Millennials continue to represent the majority of the tech workforce. Across generations, factors such as brand value and opportunities for learning and growth remain key considerations when selecting an employer. Additionally, job satisfaction, job security, work-life balance, and career growth consistently rank among the top priorities for both generations when deciding to stay with an organization.

Sashi Kumar, Head of Sales, Indeed India said,“Indeed and Nasscom come together, to bring unmatched insights and clarity to critical conversations about the future of work. This partnership highlights the importance of upskilling, embracing hybrid models, and adapting to automation. With nearly 70% of respondents eager to apply new skills in real-world settings, the report underscores the need for organizations to bridge the gap between current readiness and future demands. By combining human creativity with AI-driven innovation, businesses can lead confidently in this new era of work.”

Sangeeta Gupta, Senior Vice President and Chief Strategy Officer at Nasscom, said, “The future of work, workforce, and workplace continues to evolve as organizations embrace a ‘people-centric’ approach, addressing the needs of both current employees and the future workforce. Advancements in technologies, particularly AI and ML, are driving a transformation in the job market, reshaping the skills required—spanning both technical expertise and analytical or soft skills. Technology companies must implement policies and processes that are not only aligned with the changing dynamics but also adaptable to the continuous evolution of the workforce landscape.”