Capgemini has appointed Aarti Srivastava as Chief Human Resources Officer (CHRO) for its India operations. She has taken over the role, effective June 1, 2022. She takes over from Pallavi Tyagi who will move on to a global strategic role within Capgemini’s Group HR function. Aarti holds an MPM degree in HR from Symbiosis Institute…
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Increase in Pre-Placement Offers in IIT-Madras despite COVID-19
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•IIT-Madras has registered an increase in the pre-placement offers despite the ongoing health-crisis due to the coronavirus pandemic. The institute registered an increase from 170 offers last year to 182 offers in 2020. The first phase of placements to start from tomorrow. 17 companies participated virtually and made 140 Internship offers in the first day…
Varsha Joshi appointed as the Chairperson of NDDB
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•Varsha Joshi, IAS officer and Joint Secretary, Ministry of Fisheries, Animal Husbandry and Dairying, Government of India, has been named the chairperson of National Dairy Development Board (NDDB) by the government of India. Varsha Joshi’s appointment will be effective from December 1, 2020 until further orders. She will take over as interim chairperson of the…
Nearly 8000 IT professionals get jobs through ‘Karma Bhumi’ app in West Bengal: Official
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•An official of the state Information Technology department informed that nearly 8000 IT professionals have secured jobs after having to return to West Bengal from other places due to the pandemic. The “Karma Bhumi” app is developed by the state IT department for professionals who had returned from other places. They have to enlist themselves…
GEODIS onboards New Regional Managing Director, Contract Logistics in Asia-Pacific Region
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•Logistics veteran, Eric Herman, joins GEODIS to strengthen the supply chain operator’s growth in contract logistics throughout APAC. Eric’s logistics experience in supply chain strategy, operations and capacity assessments, as well as network and facility design will support GEODIS’ increased focus on Contract Logistics in APAC. Eric joins GEODIS from CBRE GROUP’s Supply Chain Advisory…
Delhi government announces WFH for 50% of employees in non-essential services
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•The Delhi government has issued Work from home orders for 50 per cent of its employees in the non essential services and has also provided advice to private organisations to follow the same owing to a spike in the cases related to COVID-19 in the city. DDMA executive committee chairman and Delhi Chief Secretary, Vijay…
Bigbasket lost 80 percent of workforce within two days of lockdown, bounced back with resilience: CEO Hari Menon
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•BigBasket has registered a loss of 80% of its workforce within two days of the coronavirus induced lockdown in March, said CEO Hari Menon. However it bounced back with resilience and hired over 12,000 employees in sixteen days, he added. Speaking at an online session of “Isha Insight: The DNA of Success”, he said, “After…
Cashfree announces partnership with Logisy
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•Payments and banking technology company Cashfree has announced its partnership with Logisy, a 360° RTO (Return To Origin) optimization and fraud prevention company for e-commerce websites. The partnership will enable merchants to convert cash on delivery (CoD) orders to pre-paid orders, reducing losses, and also automate and speed up their CoD refund process significantly. The…
Arthur D. Little collaborates with Bayestree Intelligence
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•Bayestree Intelligence announces that global management consulting firm Arthur D. Little (ADL) will be using Sainapse®, Bayestree’s Customer Experience (CX) transformation enabler to drive digital transformations across their clients. According to the announcement, Sainapse is purpose-built with Bayestree’s proprietary patent-filed AI technology. Sainapse understands customers’ intent behind every query and is able to deflect, resolve…
Joris Huijsmans is new Chief Human Resources Officer for the Carlsberg Group
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•Joris Huijsmans is new Chief Human Resources Officer for the Carlsberg Group. As Senior Vice President, Chief Human Resources Officer, Joris will be the HR business partner to the ExCom as well as leading the Global HR Leadership Team. Joris joined Carlsberg in 2016 as VP Group Strategy, involved in a broad range of strategic projects. In 2018, he was appointed VP Urban…
Manisha Natarajan joins India Sotheby’s International Realty
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•India Sotheby’s International Realty (India SIR) has appointed Manisha Natarajan as Senior Advisor, Brand Communication & Editorial. Manisha’s role at India Sotheby’s International Realty will be to strengthen the brand outreach through a content-led communication strategy while creating and leading knowledge-led media partnerships. She will also be supporting brand awareness for Sotheby’s International Realty’s ‘Keystone’ program, in…
Thyssenkrupp to cut 11,000 jobs after recording $6.5 bn net loss
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•German conglomerate, Thyssenkrupp plans to slash 11,000 jobs in total in the upcoming several years according to a statement by it on Thursday after reporting a 5.5 billion-euro deficit for the period that ended in September. The jobs cut will be twice as many jobs as expected last year as the company’s beleaguered steel business…
Fintech startup NIRA raises additional $1M from existing investors
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•NIRA, a Bengaluru-based fintech firm has raised an additional $1 million from existing angel investors. This round takes the total funds raised by the startup to over $4 million so far. The tech firm has previously also raised an undisclosed follow-on sum from Techstars, a US seed accelerator as a part of the 2019 accelerator’s…
Reliance Retail completes Rs 47,265 cr fundraise via 10.09% stake sale
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•Reliance Retail has raised fundraise of Rs 47,265 cr in exchange of 10.09% stakes. The “largest fund raised exercise in the sector” is completed within two months. According to a statement released by the parent company, Reliance Industries Ltd., all the investments have been completed, with receipts of funds and issue of shares. Ms Isha…
Microsoft collaborates with Social Alpha to boost growth of healthtech startups
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•In its efforts to support the startup ecosystem in the country, Microsoft has launched a program for healthtech startups. The program is designed to help startups scale with advanced technology and joint go-to-market support. The tech firm is also collaborating with startup incubator Social Alpha to accelerate the growth of participating startups. A statement made…