The price band for the issue has been set at Rs 169 to Rs 173 per share, and the IPO size is estimated to be about Rs 105.14 crore at the upper price band. Proceeds from the IPO will be utilised to support the company's working capital requirements, acquisitions of businesses in similar or complementary areas, general corporate purposes and meeting its issue expenses.

Human resource and staffing services firm Spectrum Talent Management on Monday said it is looking to raise Rs 105 crore through its initial share sale offer that opens for public subscription on June 9.

The IT sector has been grappling with several challenges such as the rise of automation and artificial intelligence, changing customer preferences, and many more.

The IT industry has been challenged by automation, artificial intelligence, and changing customer preferences, but there will be a surge in jobs for newer technologies, such as AI, ML, big data, cloud, and cybersecurity.

The study revealed that several factors contributed to the slowdown in hiring, which includes increased focus on upskilling and reskilling of existing employees, rather than hiring new ones

The IT sector has been grappling with several challenges such as the rise of automation and artificial intelligence, changing customer preferences and many more

The IT sector, one of the major contributors to the Indian economy, has been facing a slowdown in recent times, leading to a dip in the hiring of freshers.

The recent introduction of ChatGPT in mainstream media has re-ignited many old-age conversations about technology replacing jobs.