UPS, NSDC tie-up to support skill development

19 Feb 2024 CW Team

The UPS India Technology Centres and the National Skill Development Corporation (NSDC) have signed a Memorandum of Understanding (MoU) to support skill development for India's diverse talent pool. The MoU was signed in the presence of Dharmendra Pradhan, Minister of Education and Skill Development and Entrepreneurship, Government of India.

According to the India Skills Report, only 49% of Indian youth meet employability standards, highlighting the critical need for initiatives to close the education-employment gap. India's goal of becoming a $5 trillion economy is a collaborative effort that will unlock opportunities for India's workforce. Industry ready technology skills can help meet this goal by preparing India's youth for local and global opportunities.

The UPS India Technology Centres and NSDC will provide skilling programs and initiatives focused on technology, logistics, and supply chain management, including: " Community bootcamps, workshops, career counselling, technical training, management and soft skills training, aimed to prepare India's next generation workforce." Continue to work with similar youth initiatives such as the Tamil Nadu government's skill development program ""Naan Mudhalvan".

"UPS is excited to support the government's aim to skill our youth with speed and high standards to achieve its vision of a "Skilled India". We are grateful for the support from the Ministry of Skill Development and Entrepreneurship and the NSDC. Through our partnership with the NSDC, UPS and the UPS India Technology Centres are committed to fostering an inclusive and equitable world that empowers local talent from diverse background and shine a spotlight on the vast potential of India's talent pool," said Dr Subramani Ramakrishnan, Vice President, UPS India Technology Centre.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..