Shivani Shinde And Neha Alawadhi

Stories by Shivani Shinde And Neha Alawadhi

Hiring sentiment highest in India, 17% firms keen on freshers: Survey

Hiring sentiment highest in India, 17% firms keen on freshers: Survey

Rediff.com   22 Sep 2021

Fresher hiring sentiment is highest in India, with 17 per cent employers keen on recruiting fresh graduates in the July to December 2021 period against 6 per cent globally. According to the Career Outlook Report by TeamLease EdTech, conducted across 18 sectors and 14 cities, the hiring sentiment in the country has registered a 2 percentage point increase over the February-April 2021 period. In terms of sectors, those that have been able to withstand the impact of the pandemic and witnessed a stronger hiring sentiment are information technology (31 per cent), telecommunication (25 per cent) and technology start-ups (25 per cent).

Why TCS wants to hire MORE women!

Why TCS wants to hire MORE women!

Rediff.com   21 Sep 2021

Overlooked yet capable candidates will now have the opportunity to apply for TCS open requirements.

Meet the man behind CoinDCX, India's first crypto unicorn

Meet the man behind CoinDCX, India's first crypto unicorn

Rediff.com   16 Sep 2021

A large part of the work that CEO Sumit Gupta does is focused on educating users and the larger community about investing in cryptocurrencies, reports Neha Alawadhi.

Fed up with WFH, Indian professionals want to return to office

Fed up with WFH, Indian professionals want to return to office

Rediff.com   15 Sep 2021

One in three professionals in India is burnt out due to increased workload and stress, as the pandemic forces them to work remotely, even as the majority of the workforce feels they would want to return to work in some form, a study by professional network LinkedIn has found. LinkedIn on Tuesday launched findings of the "Future of Work" perception study by research firm Censuswide that focuses on the insights of 1,108 respondents in the age group of 16 to 68, who have worked from home during the pandemic due to Covid-19 restrictions. The survey captures the sentiment of the Indian workforce towards the impact of remote work, their plans to return to work, and work model preferences for the future.

Siliguri-based hotelier moves SC against Oyo for unfair practices

Siliguri-based hotelier moves SC against Oyo for unfair practices

Rediff.com   13 Sep 2021

A Siliguri-based hotelier has challenged a National Company Law Appellate Tribunal (NCLAT) ruling that closed insolvency proceedings against OYO and one of its units, in the Supreme Court. The hearing is scheduled for September 13 before a two-judge Bench. Oyo did not immediately respond to a request for comment.

Pandemic: Reskilling is the buzzword at Infosys

Pandemic: Reskilling is the buzzword at Infosys

Rediff.com   13 Sep 2021

For Krish Shankar, executive vice-president & group head of human resource (HR) development at Infosys, the defining moment of the pandemic on the HR department has been the importance that reskilling and learning have managed to get. For Infosys, the focus on reskilling started three to four years back as business saw a shift towards digital, and the pandemic has really brought the importance of reskilling to the fore. "In the past, certification courses or taking up an e-learning course was just a way towards promotion, and was not taken too seriously.

HOTTEST Skills At Campus Placements

HOTTEST Skills At Campus Placements

Rediff.com   7 Sep 2021

'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'

Snapdeal plans $350-400 million IPO, eyes $2.5 billion valuation

Snapdeal plans $350-400 million IPO, eyes $2.5 billion valuation

Rediff.com   4 Sep 2021

JM Financial, Axis Bank, and Bank of America have been roped in as the bankers to run the mandate, say sources.

Twitter testing feature to auto block abusive accounts

Twitter testing feature to auto block abusive accounts

Rediff.com   3 Sep 2021

With this feature, tweets found by the microblogging platform's technology to be harmful or uninvited will be autoblocked. This implies that that such profiles will temporarily be unable to follow an account, see their tweets, or send them direct messages.

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

PayU buys BillDesk for $4.7 bn in one of largest Indian fintech deals

Rediff.com   1 Sep 2021

Prosus-backed fintech firm PayU is set to acquire India's earliest payment gateway BillDesk in an all-cash transaction of $4.7 billion. This will be the largest acquisition in India's digital payments space. The deal will also give exit to investors General Atlantic, TA Associates, Temasek, Clearstone Ventures, and Visa. The proposed acquisition will help PayU, the payments and fintech business of Prosus which operates in more than 20 markets, become one of the leading online payment providers globally by total payment volume (TPV).

WhatsApp banned 3m Indian accounts, says 2nd compliance report

WhatsApp banned 3m Indian accounts, says 2nd compliance report

Rediff.com   1 Sep 2021

Indian accounts, identified by the "+91" in their mobile numbers, were actioned through WhatsApp's prevention and detection methods, for violating either the laws of India or the company's Terms of Service, the firm said in its compliance report.

Starting salary for these engineers? Rs 25-75 lakhs!

Starting salary for these engineers? Rs 25-75 lakhs!

Rediff.com   31 Aug 2021

This year's share of dream and super-dream job offers has spiked. As a result, the overall annual average salary packages have nearly doubled at some of these college campuses.

IT services major Capgemini is focused on driving more value from India

IT services major Capgemini is focused on driving more value from India

Rediff.com   23 Aug 2021

For Paris-headquartered IT services major Capgemini, India has always been the backbone of its services delivery for its global clients, but the company is focused on driving more value from India as it gears up its engineering research and development (R&D) presence worldwide with its acquisition of Altran Technologies. The company, which has about 149,000 employees in India, is looking to hire 60,000 associates this year. Of them, 30,000 will be recruits from campuses and the rest lateral entrants. For Ashwin Yardi, chief executive officer India, Capgemini, the focus is to make sure that the India unit is aligned with the global plans of repositioning the company as a hub of engineering R&D, operational technology, and IT.

BigBasket co-founder Abhinay Choudhari plans to build new business

BigBasket co-founder Abhinay Choudhari plans to build new business

Rediff.com   12 Aug 2021

BigBasket co-founder Abhinay Choudhari has exited the company, and in his next entrepreneurial journey, he is looking to "solve another equally painful chore for many Indian households" after grocery shopping. The Tata group acquired a majority stake in the online grocery store in May. And when the deal happened, Choudhari decided he won't continue to be part of the management team.

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

Hindujas sell health care unit to Baring Private Equity for $1.2 billion

Rediff.com   11 Aug 2021

Hinduja Group's business process management entity, Hinduja Global Solutions Limited (HGS) said on Wednesday that it has entered into definitive agreements to divest its Healthcare Services business to funds affiliated with Baring Private Equity Asia (BPEA), at an enterprise value of $1.2 bilion. The deal is subject to closing adjustments, and is expected to complete within 90 days, subject to shareholder and other regulatory approvals. "The cash that will come in as a result of this transaction will be deployed to growing the business as well as looking at buying some capabilities...where capabilities are important for being able to do a good job of customer experience transformation.

Meet C Vijayakumar, Shiv Nadar's successor at HCL Tech

Meet C Vijayakumar, Shiv Nadar's successor at HCL Tech

Rediff.com   9 Aug 2021

C Vijayakumar, the reticent chief executive of HCL Technologies, India's third-largest IT services firm, was recently appointed managing director, succeeding the founder, Shiv Nadar. Back in October 2016, when CVK, as he is popularly called within and outside of HCL, was named CEO, it had been somewhat of a surprise - his elevation being the result of his predecessor, Anant Gupta, suddenly stepping down to "pursue personal interests". CVK, 53, has since taken the firm from under $7 billion to over $10 billion in revenue.

IMD may deploy cutting-edge tech to forecast weather accurately

IMD may deploy cutting-edge tech to forecast weather accurately

Rediff.com   3 Aug 2021

IMD has decided to increasingly use cutting-edge technology such as artificial intelligence (AI) and machine learning (ML) in forecasting, both to avoid such glitches and to counter the disruption of normal seasonal patterns as a result of climate change. It has formed various internal sub-groups of senior officials and meteorologists to decide on how best to use AI and ML in predicting cyclone intensity, and in making short-range weather forecasts (those valid for up to three hours) as well as long-range forecasts.

A deeper look at Q1 performance of top 4 IT players

A deeper look at Q1 performance of top 4 IT players

Rediff.com   2 Aug 2021

While Wipro leads the pack on absolute numbers, analysts for Infosys for reporting consistent growth, revising FY22 guidance and beating TCS on revenue growth.

Sachin Tendulkar invests $2 mn in JetSynthesys

Sachin Tendulkar invests $2 mn in JetSynthesys

Rediff.com   30 Jul 2021

Sachin Tendulkar has recently made an equity investment of $2 million in digital entertainment and technology company JetSynthesys. The investment further strengthens Tendulkar's relationship with JetSynthesys, as the two already have an existing joint venture for a digital destination for all things cricket, called 100MB, and immersive cricket games Sachin Saga Cricket Champions and Sachin Saga VR. With this investment, Tendulkar joins the bandwagon of existing shareholders of JetSynthesys, who include Adar Poonawalla, Kris Gopalakrishnan, and the multi-billion-dollar family offices of the promoters of Thermax, Triveni Group, Yohan Poonawalla Group and DSP Group.

'The potential in India is enormous'

'The potential in India is enormous'

Rediff.com   30 Jul 2021

'India is still a small market but whatever we do, we do it with full focus.'