The sector is witnessing growth at a very fast pace, leading to new and emerging businesses and job opportunities in the sector. The opportunities are not in the form of traditional gym instructors, or beauty and spa attendants but also as software developers and tech professionals considering the coming up of tech ventures to support the industry. Emerging companies like Curefit, HealthifyMe and FitMeIn have seen serious funding and growth in the sector, and this is just the beginning.
How Infosys leverages technology for better people practices?
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•Why CEOs quit ?
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•CEO exits have become quite frequent over the years. With dipping business performance, ethical lapses, closer investor scrutiny, government and regulatory scrutiny, public scrutiny and need to ensure that an organization appears responsible – CEOs who fall on any parameter are shown the door. In the US, 1160 CEOs have quit till date (Sept 2019). The…
Cognizant to cut up to 7000 jobs; exit content moderation business.
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•Over the next two years, Cognizant will focus on optimizing its core portfolio and invest in identified four areas – Data, Digital Engineering, Cloud, and IoT.Cognizant, in an effort to streamline its cost structure and focus on optimizing its core portfolio, plans to cut about 5000 – 7000 jobs. During the post earnings conference call…
Pranav Mistry appointed President & CEO of Samsung Technology & Advanced Research Labs
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•Job portals in India – a snapshot of who has more jobs to offer.
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•Naukri.com, is far ahead, and has more job listings than all others combined. Delhi/NCR, happens to have the maximum job listings across Naukri, Monster, Indeed, TimesJobs. Job portals, have always played a key role in job search for every one – from freshers, to those starting their carer, those looking at mid career transitions and…
John Donahoe to Succeed Mark Parker as President & CEO; Parker to Become Executive Chairman
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•Nike’s Board of Directors has announced that Board Member John Donahoe will succeed Mark Parker as company’s new President and Chief Executive Officer. He will take charge from January 13, 2020. At the same time, Mark Parker, CEO since 2006 and Chairman, President & CEO since 2016, will become Executive Chairman and continue to lead…
Ex-Microsoft Executive Javier Soltero to Lead Google’s G Suite Business
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•Javier Soltero to Lead Google’s G Suite Business, was earlier taking care of Cortana at Microsoft Google has hired former Microsoft Executive Javier Soltero to run its G Suite business, that includes Gmail, Google Docs, Google Drive and other productivity apps. Soltero will join as Vice President of G Suite, which is a new role…
Amit Syngle to take charge as MD & CEO for Asian Paints
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•Amit Syngle will take over as Managing Director & Chief Executive Officer of Asian Paints. KBS Anand will be retiring after a a four-decade-long career at the company.Amit Syngle, presently the COO for Asian Paints and a 29 year veteran at the company, will take charge as Managing Director & Chief Executive Officer of Asian…
Andersen Global expands in India as Nangia Andersen LLP.
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•Andersen Global has a new member firm in India.Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. The company has announced the addition of a new member firm in India, Nangia Andersen LLP. Andersen Global now has more than 4,500 professionals worldwide and…
PwC India to hire 1,200 in Kolkata
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•PwC India will be hiring 1,200 people from engineering and data analytics background in the next year. Most of these hires will work for its newly inaugurated future ready IoT Lab and the Artificial Intelligence Centre of Excellence. The company will also be hiring for Digital Experience led Transformations, Cloud and BlockChain. The company also…
Ebix to acquire Miles Software for 19 million USD.
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•Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries has announced that one of its Indian subsidiaries has signed the agreement to acquire Mumbai based Miles Software for an amount of approximately $19 million, with an additional contingent earn out of up to…
Zomato acquires catering startup TongueStun for $ 18 Million
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•In the startup world, food tech is once again gaining a hotspot. We have seen some closures in the past – TinyOwl, Yumist ( merged with Roadrunnr, to form Runnr which was acquired by Zomato in 2017) being the well known ones. We have also had new businesses experimenting with business models beyond food delivery. …