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The bill, which mandates a significant reservation for Kannadigas in private sector jobs, was initially approved by the state Cabinet but faced immediate backlash from industry leaders and the public.

Siddaramaiah's quota plan: A threat to the IT sector?

July 18, 2024, 07:32 PM - 2 min read

Critics, including prominent industry figures like Biocon’s Kiran Mazumdar Shaw, argue that such quotas could stifle the growth of Karnataka's thriving IT sector and are discriminatory. The concerns are not without merit. The IT sector in Karnataka, particularly in Bengaluru, has flourished due to its cosmopolitan nature and the ability to attract talent from across the country and the world. Imposing stringent local hiring quotas could deter investment and hamper the sector’s competitiveness.

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Is Tamil Nadu emerging as India's new Silicon Valley?

Is Tamil Nadu emerging as India's new Silicon Valley?

July 17, 2024, 07:35 PM - 2 min read

The boom in Chennai’s market over the past three years poses strong competition to cities such as Bengaluru, Mumbai, Pune and Hyderabad.

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