Punjab Govt’s ‘Startup Punjab Cell’ has collaborated with the Atal Incubation Centre(AIC) at ISB-Mohali, to setup ESTAC program (Enable Start-up Track Acceleration Program). The program focuses on areas of scalability for the government enabled and the private sector driven businesses. Initially, the program will take off as a pilot project with an objective to foster…
Cognizant has been actively working on cost cutting measures for some time now. In recent months, the company has announced a series of measures to contain its finances and streamline its business. Earlier in October 2019, while announcing the company’s financial results – Brian Humphries, Chief Executive Officer (CEO) said, “Over the past few months, we’ve…
Cash-strapped WeWork will be laying off 2,400 of its employees, which account for upto 20% of its workforce. This move has been much anticipated for some time now – after the company was taken over by – SoftBank. The company that once saw a valuation of $47 billion has now been under severe financial pressure,…
ShareChat, a regional language social media platform, plans to hire about 100-150 people over the next few months, and will continue to invest in strengthening its infrastructure and presence in Tier II cities and beyond the country. It was founded in 2015 by IIT-Kanpur graduates Ankush Sachdeva, Farid Ahsan and Bhanu Pratap Singh. Sharechat allows…
Salesforce and its ecosystem of partners will create 548,400 new direct jobs and USD $67 Billion in new business revenues in India from 2019 through 2024. These findings are based on a research by International Data Corporation(IDC). IDC estimates that between 2019 and 2024, Salesforce will drive the creation of 1,362,400 indirect jobs in India,…
OYO, the world’s third-largest, and the fastest growing hospitality chain of leased and franchised hotels, homes & living spaces, will expand its footprint in Bihar by investing in infrastructure and talent. From 2015 to till date Oyo kept a successful business in Bihar. This will create 700 jobs in the hospitality sector. Aditya Ghosh, CEO,…
Japanese tech firm TechnoPro Holdings Inc., has announced their plans to hire 10,000 engineers and researchers in India over the next three years. Earlier this week, the company inaugurated global delivery centre at Bangalore. TechnoPro current plans for India will be focussing the Electric Vehicle sector. As per a statement to media, Director and Managing…
Ally, a leading goal-setting and business performance management software provider, has announced a $15 million Series B funding round led by Tiger Global Management, LLC, a New York based investment firm known for investing in strategic, innovative companies such as Facebook, Flipkart, Slack, and Stripe. Previous investors Accel, Vulcan Capital, and Founders Co-op also participated…
Traction on Demand, one of North America’s largest dedicated Salesforce consulting partners, announced that it is expanding its workforce in Jaipur, India. The influx of new Tractionites will contribute to the company’s rapid growth by providing the necessary skills to support the development of innovative platform solutions for customers globally. Traction on Demand is looking…
Swiggy, India’s food delivery unicorn, has seen rapid expansion since it started. The company, founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini in August 2014, was a late entrant as compared to Food Panda ( now owned by Ola), and Zomato, but has taken over the market and has emerged as the leading brand…
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…
Yes Bank, one of the key private sector banks in India, has announced big bonuses to retain its existing employees. It is understood that these bonuses will be in the form of deferred payouts spread over the year. As per some news reports the bonus will be given in 30:40:30 ratio, getting credited every four…
Taiwanese multinational electronics contract manufacturing company, Foxconn Technology Group will invest well over Rs 1,500 crore to have new production lines to manufacture certain iPhone models in its factory in Sriperumbudur near Chennai, according to an ET post. Currently, Wistron, another Taiwanese smartphone manufacturing company makes Apple phones such as the iPhone 6S and SE models in Bengaluru in…
Wishup, a Virtual assistant startup is planning to hire 400 people on board in next twelve to sixteen months. The global strength of the company will be around 500 after this hiring. The startup was founded by Neelesh Rangwani and Vivek Gupta, it provides small businesses remotely based trained people who do tasks like sales, digital marketing,…
Wipro Limited, the India-based information technology, consulting and business process services company headquartered in Bengaluru, India has increased fresher salaries to Rs 3.5 lakh per annum, from about 3.2 lakh per annum. “We are also introducing a coding test to improve the quality of hires. We are looking to roll out a broad-based national talent test…