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WPP has announced the appointment of Mark Read as Chief Executive Officer and his appointment to the Board of WPP as an Executive Director.Prior to this, Mark has held multiple leadership positions across the company, including 9 years as an Executive Director of WPP plc., 12 years, as Head of Strategy and then as CEO…
Wipro Limited one of India’s leading information technology, consulting and business process services company has won a 10-year engagement to provide a comprehensive suite of solutions and services to Lincolnshire, Illinois-based Alight Solutions LLC, a leader in technology-enabled health, wealth, HR and finance solutions. This deal will result in revenues of USD $1.5 to $1.6…
Is there a relationship between vacation and ones mental health. The survey findings by Allianz Global Assistance US, would want you to believe so. According to one of their research study – a survey of about 1000 plus from a sample of Americans shows that people suffering from a “vacation deficit” are about two times…
The Conference Board’s latest survey on job satisfaction finds that 51 percent of U.S. employees feel overall satisfied with their job. The results also show that, over the last seven years, employee attitudes about wages and job security experienced the biggest improvements. However, workers feel quite disappointed with their job’s professional development aspects – a…
Forrester, a leading research and advisory firm based in the US, has launched a training program to help businesses develop their people to create better customer experiences. The program offers a unique blend of hands-on learning and self-paced lessons in a digital learning platform, taught by Forrester experts. The lessons leverages Forrester’s more than 20…
Binoy Kumar, IAS (TG:83), from Telangana Cadre has taken over as Secretary, Ministry of Steel, Government of India. He succeeds Aruna Sharma, IAS from MP Cadre post her superannuation. He had been posted as Officer on Special Duty in the Ministry since 21st May 2018. Prior to this, he held the post of Special Secretary, Logistics, in…
The Coca-Cola Company has reached a definitive agreement to acquire Costa Limited from from parent company Whitbread PLC in a deal valued at $5.1 billion ( £3.9 billion ). Costa was founded in London in 1971 and has grown to become a major coffee brand across the world. Whitbread acquired Costa in 1995, from its founders Sergio and Bruno…
In earlier rounds Planday had landed investment of $ 14 million in Series B in March 2016, led by Indivest with participation from Creandum. The Series A funding of $ 3.75 Million was lead by Creandum.Planday, a workforce collaboration platform founded in 2013 by Anders Frederiksen, and Mikkel Lomholthas has closed its Round C fundraising…
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise. These…
Aon’s Assessment solutions have come up with a report – Leading Digital Transformation for Talent Acquisition. The report highlights the key business and talent challenges facing employers across APME, and suggests seven strategic actions that can help the firms enable digital transformation and enhance the success of their talent acquisition functions. The report is based on…
The U.S. based insurer MetLife Inc. named Kishore Ponnavolu as their company’s president for the Asian region, while Rebecca Tadikonda was named as the head of strategic growth market effective from Sep 1st 2018. Due to his new role Ponnavolu will become a member of the company’s executive group and will directly oversee Japan, South…
Warren Buffett’s Berkshire Hathaway is set to invest in One97, the parent company of Paytm. It is reported that Berkshire Hathway may pick up 3-4 % of One97 Communications Ltd for Rs 2000 – 2500 cr. This is the first direct investment by the ‘Oracle of Omaha’ in India. Todd Combs, the investment manager from Berkshire…
Headstart one of India’s oldest and largest startup ecosystem development organizations has has launched #StartupSaturday, its flagship event in Gurugram with IILM University as Knowledge Partner. Headstart is a volunteer driven not-for-profit organization. The volunteers are a passionate bunch comprising – entrepreneurs, aspiring entrepreneurs and entrepreneurship enthusiasts, with a fervent desire and commitment to being change…
In a recent study, TimesJobs, one of India’s leading job portals concludes that nearly 45% of the employees experience unequal treatment due to their physical appearance. Some key insights that emerge from the survey of over 2000 of India Inc.’s employees, about the much-hyped diversity & inclusion programs at the various workplaces. Key Highlights: 25%…
Goldman Sachs has announced the appointment of Prachi Mishra as Managing Director and Chief India economist. In her new role, she will be based in Mumbai. She joins from the International Monetary Fund (IMF) where she was deputy division chief of the Western Hemisphere Department. Earlier in November 2014, she had joined joined the Reserve…