The Conference Board Employment Trends Index™ (ETI) increased in August, after increasing in July. The index now stands at 110.88, up from 109.58 (a downward revision) in July. The change represents a 6.9 percent gain in the ETI compared to a year ago. “The Employment Trends Index continues to accelerate, with this month’s year-over-year increase…
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Snapdeal to conduct ‘AI-Hackathon: Winner get’s cash reward and job offer.
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•Snapdeal has announced ‘AI-Hackathon’ to find talented AI experts who can address challenges in the e-commerce sector using artificial intelligence. The winner of the event will receive a cash price of Rs 50,000 and a chance to work with the firm’s AI team. “This competition challenges participants to solve interesting problems around computer vision and…
90 Percent of Indian business travellers feel motivated to get more work done during their work related travel.
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•The Hyatt Place and Hyatt House brands had released findings from a Business Traveler Survey, which was conducted online by The Harris Poll and comprised a sample of more than 1,300 adults across India, the United States and China who have traveled for business in the last 12 months (international business travelers) to understand their mentality…
Moglix, Ratan Tata-backed B2B E-commerce start-up, looking to spread their wings across Eastern India.
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•Moglix, the Ratan Tata-backed B2B e-commerce start-up, is looking to expand to Eastern India, starting with Kolkata in West Bengal. The company currently has 10 warehouses across 8 cities including Delhi NCR, Kolkata, Chennai, Pune, Ahmedabad, Mumbai, Aurangabad, and Pantnagar. With the further expansion, the company has ambitious plans to increase its hiring by 30…
Twitter India head Taranjeet Singh Quits! Balaji Krish named as the Interim Chief.
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•Taranjeet Singh, Country Director, Twitter India has decided to step down from the company. Balaji Krish the company’s global head of revenue strategy and operations has been named as the interim country head. Before joining Twitter, he was Sales Director, South Asia for BBC Advertising and handled the commercial operations for BBC News. Earlier he…
Manipal Academy of Higher Education Signs a MoU with Florida International University.
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•Manipal Academy of Higher Education, Manipal and Florida International University (FIU), USA signed a Memorandum of Understanding to provide quality collaborative learning opportunities for its students and promote academic research. The MoU was signed by Dr. Raghu Radhakrishnan, Director International Collaborations and Dr. Sandeep Shenoy, Prof and Head, Department of Commerce for MAHE and for FIU, Dr.…
Stress affects 95% of Indian Millennials. Global Average is 86%
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•A survey conducted by Cigna TTK Health Insurance Company revealed that 95% of Indian millennials, between age group 18-34, are stressed compared to the global average of 86%. Work is said to be the main trigger for stress amongst Indians. Highlights of the Survey: 95% of Indian millennials are stressed. There lies an underlined taboo…
Vedanta Resources Plc names Srinivasan Venkatakrishnan as CEO.
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•Vedanta Resources Plc (“Vedanta”) has appointed Srinivasan Venkatakrishnan as the Chief Executive Officer (CEO) of the company with effect from August 31, 2018. He has also joined the company’s Board of Directors. Srinivasan Venkatakrishnan is a qualified Chartered Accountant and he has finished his B.Com degree in the University of Madras. Commenting on the appointment of…
Elon Musk scrapped from Tesla’s Chairman position by S.E.C over fake tweets.
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•Tesla and Elon Musk both have agreed to pay $20 million to financial regulators each and the billionaire will step down from the chair of Tesla for three years after reaching a deal with the US financial regulator over tweets he made about taking the firm into private ownership. Under the settlement, Musk would remain as…