The first step to keeping your job safe, experts tell Rediff.com's Divya Nair, is understanding why layoffs happen.
Former Test captain Zaheer Abbas is likely to secure the important position of Chief Operating Officer in the Pakistan Cricket Board.
In the wake of the Supreme Court-appointed Justice RM Lodha committee's landmark verdict on the Indian Premier League spot-fixing case announced on Tuesday, Sundar Raman, the Chief Operating Officer of the IPL, has said that he is awaiting the investigating officer's report on the same.
The government on Tuesday proposed to extend the period of incorporation of eligible startups by one more year till March 31, 2023 for providing tax incentives, a move aimed at encouraging budding entrepreneurs. Finance Minister Nirmala Sitharaman in her Budget speech said startups have emerged as drivers of growth for the economy and over the past few years, the country has seen a manifold increase in successful startups. Eligible startups established before March 31, 2022 had been provided a tax incentive for three consecutive years out of ten years from incorporation.
Being given the soft option of resigning suggests he was being sheltered by top management but the government got rid of him for the wrong reasons.
Wipro hires former TCS veteran as Group Prez & COO.
MotoGP, the pinnacle of two-wheel racing, could come to India in the winter of 2023 if all goes ahead as planned, providing a massive boost to the stagnant motorsport scene in the country.
In a bid to restructure its top hierarchy, Air India plans to hire some senior executives, including a Chief Strategy Officer and a Chief Operating Officer for its low-cost international arm Air India Express, airline sources said on Tuesday.
Karnik was mandated to oversee commercial and sales functions of the airline. He took over from Hameed Ali, who joined the airline's board.
'Devika is a people's person, who simply loves what she does. This reflects in her work; the insights she brings to the table and the way she interacts with people and clients. She has the demeanour of a good captain. Her success is well-deserved.'
'The way he has been interacting with everybody, be it the masseur or the assistant manager or the driver of the bus, or the new players who have not been part of the IPL before, he is making an effort to reach out to them and give them confidence.' 'That speaks a lot about the man that he is.'
The All India Cabin Crew Association, claiming to represent 2,500 cabin crew of Air India, said: "While we bear Capt Gustav Baldauf no ill-will at all, it is tragic that the airline that was built by one of the world's legendary aviators, Bharat Ratna J R D Tata, must today be saved by a foreigner, whose only link to India seems to be Jet Airways."
The UB Group on Tuesday said that chief operating officer and president of Kingfisher Airlines, Alex Wilcox had not resigned, and he has been given "reasonable time" to resolve some personal matters.
Nanpakal Nerathu Mayakkam is a masterpiece, and like most masterpieces of the cinema, it's a great act of folly, observes Sreehari Nair.
The auspicious day of Akshaya Tritiya has begun on a strong note as jewellers are witnessing good footfalls and being a public holiday on Tuesday, consumers are flocking to the stores early before the temperature soars. "Jewellers across the country have opened their stores early across the country and there is a strong momentum in footfalls since morning. "There has been positive sentiment in the market since the last 10-15 days and we expect it to continue on the day of Akshaya Tritiya.
Tucked away at a lane in Arehalli Guddadahalli, a small village in Bengaluru Rural district is a nondescript factory of LaundryMate, one of India's first organised technology-led online laundry services firms. The company has built the country's largest laundry facility, which is spread across 53,000 square feet - the size of a football field. Inside the hangar-like building, one can hear the whooshing and humming sound of big hi-tech washing machines being operated by the newly-recruited staff of LaundryMate.
Among executives who have been approached are former president and CEO of IndiGo Aditya Ghosh, Wolfgang Prock Schauer, current president and Chief Operating Officer at IndiGo and Sanjay Kumar, Chief Strategy and Revenue Officer of IndiGo.
With a report on Uber by the International Consortium of Investigative Journalists (ICIJ) opening a Pandora's box, the company is in a damage-control mode. Distancing itself from the actions of its management pre-2017, Uber, while acknowledging the "mistakes" of the past, has said that under CEO Dara Khosrowshahi, it "is a different company". "There has been no shortage of reporting on Uber's mistakes prior to 2017.
MobiKwik employees exercised their ESOPs (Employee stock ownership) in a recently opened window by selling part of their shares in a secondary sale. "The secondary round was led by ex-Blackstone India head, Mathew Cyriac, who topped up his holding at almost double of his previous price," the sources said.
The Institute of Chartered Accountants of India (ICAI) has initiated an inquiry against former Reebok India chief operating officer Vishnu Bhagat, one of the accused in the alleged Rs 870-crore fraud in the company, a senior ICAI official said.
SpiceJet has cut capacity by reducing its fleet to 35 Boeing 737 aircraft from 42 in December.
The dairy major is transforming into a full-fledged F&B and fast moving consumer goods (FMCG) player, reports Vinay Umarji.
Before joining Facebook, she was the vice-president for global online sales and operations at Google.
Sandberg is also expected to meet developers at the company's headquarters in Hyderabad.
'You're going to need talent, skill, and imagination and vision, but more than anything else, you're going to need the ability to communicate authentically, to speak so that you inspire the people around you and to listen, so that you continue to learn each and every day on the job.' Facebook Chief Operating Officer Sheryl Sandberg, one of Silicon Valley's inspiring figures, delivered this inspiring speech at her alma mater, the Harvard Business School, last week.
The company has announced a global tie-up with San Francisco-based Uber.
It is high time to stop playing it safe, overcome our fear of failure and think of becoming entrepreneurs.
Foreign portfolio investors (FPIs) remained net buyers for the third month in a row by investing Rs 68,558 crore in Indian markets as global investors continued betting on emerging markets. For the equity segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd. The second highest amount into equities was invested by FPIs in November, when they had pumped in Rs 60,358 crore.
The 30th edition of the New Delhi World Book Fair, which was scheduled to be held at Pragati Maidan from January 8 to 16, has been postponed in view of the latest DDMA guidelines imposed following the surge in COVID cases driven by the fast-spreading Omicron variant, said the organisers in a statement.
The Bengaluru-based firm has also inducted founder and CEO of Surya Software Systems D N Prahlad as an independent director on its Board, effective October 14, 2016.
R Samir Singh, 35, was returning home when his car collided with a bus in Bangalore.
Once the IT bellwether, Infosys was also reporting laggard performance and facing harassment allegations by overseas employees.
UK-headquartered consumer goods giant Unilever on Tuesday announced a major organisational shakeup to make the company leaner, which involves some of its Indian-origin executives, and plans to lay off 1,500 staff as part of the wider restructuring of its global operations. Sanjiv Mehta retains executive leadership of Mumbai-headquartered subsidiary Hindustan Unilever, while Unilever chief operating officer (COO) Nitin Paranjpe will take on a new role as chief transformation officer & chief people officer, leading the business transformation and heading the HR function for the transformed organisation. The company said Sunny Jain, president of beauty & personal care, has decided to leave Unilever to set up an "investment fund in technology megatrends".
IT major Tata Consultancy Services (TCS) has made changes to its leadership roles in North America. As part of the changes Suresh Muthuswami has been elevated to the role of chairman, North America, said sources in the know. This is one of the most significant leadership changes the company has announced for the region. The reason for the changes in the North American region, the largest in terms of revenue for TCS, is because Surya Kant who has been at the helm of North America for the past 16 years is stepping down by the end of the fiscal year, as he retires.
If that happens, Jet Airways will be the first bankrupt airline which will be revived under the Insolvency process.
Xiaomi topped the chart as the most sold smartphone brand by its users with 26 per cent share, followed by Apple (20 per cent), Samsung (16 per cent), Vivo, and Motorola (6 per cent each) among others, it said. Most smartphones sold by users were in the sub-Rs 10,000 brackets, it added. Among models, the iPhone 7 was the hottest selling model along with some other models as well as Redmi Note 4 and OnePlus 6 during the year. The number of smartphone repairs was the highest in Delhi in 2020.
Infosys on Wednesday said it is focused on "expeditiously" resolving issues related to the new income tax portal and termed it as the "single largest priority" for the company at the moment. Infosys top management said that many of the issues around performance and stability have been addressed, and that about 10 lakh ITRs (income tax returns) have been filed so far. "We are working extremely hard in making sure that all of the features are being delivered.
Infosys COO says, the firm is trying its best retain talent.
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