Category: News

Jet Airways hands over pink slips to 20 employees due to financial issues.

Jet Airways, the major Indian international airline based in Mumbai has reportedly fired 20 employees including some senior-level executives to curtail costs. Its reported that the loss-making airline had recently asked 15 of its managerial level employees from various departments including engineering, security, and sales, to leave the company. Earlier, Naresh Goyal-promoted Jet Airways has delayed payment of…

Wipro announces raise in fresher’s annual salary by Rs 30,000.

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…

Paytm Payments Bank appoints Satish Kumar Gupta as its MD and CEO.

Paytm Payments Bank, India’s only mobile-first bank with zero balance and zero digital transaction charge accounts has appointed Satish Kumar Gupta as managing director and chief executive officer of the digital bank, the company said in a statement on Wednesday. His appointment comes a few months after Renu Satti, former CEO of Paytm Payments Bank stepped down from…

ZipRecruiter launches Job Seeker Profile for Smarter Job Matches

ZipRecruiter a leading online employment marketplace announced Job Seeker Profiles, a new guided feature available on the company’s #1 rated mobile app that prompts job seekers to enter data about their experience and career objectives. ZipRecruiter’s AI-driven matching technology will analyze data from Profiles and resumes to quickly and accurately connect employers and job seekers.…

Mile Out Inc. launches ‘Veristo’ a Human Capital Management platform for freelancer management

Mile Out Inc. has launched Veristo, a human capital management software platform for small businesses to source, engage and manage the activities of an extended workforce of freelancers and contractors. The product leverages a successful collaboration with the United States Department of Defense MD5 National Security Technology Accelerator, a program office within the office of…

New Hiring and Recruitment Platform launched by InVista

InVista announced a new talent assessment platform designed to improve and streamline human resources recruiting and management.  The platform uses science and technology to bring the latest and best practices of Industrial-Organizational Psychology to the hiring market. “Recruiting is too important to leave to chance,” said Craig Dawson, Ph.D., Director of HR assessments for InVista. “Hiring…

Global Grad Show 2018 to exhibit 150 Life Changing Inventions by Next Generation Designers

The Global Grad Show in partnership with The Investment Corporation of Dubai unveils this year’s programme including the main exhibition featuring 150 life-changing inventions by the next generation of designers from across the globe. New this year is the Innovation Conference which looks at creativity in the age of artificial intelligence and automation. Another first…

TCS Digital Software & Solution’s Group head, Seeta Hariharan awarded “Woman of the Year” award by CRN Magazine.

Tata Consultancy Services (TCS) announced that CRN Magazine has presented its Women in Channel “Woman of the Year” Award to Seeta Hariharan, General Manager, and Group Head, TCS Digital Software & Solutions Group (DS&S). The inaugural Women in Channel Awards recognize the achievements of entrepreneurs, leaders and exceptional employees who act as role models for…

Airtel Africa raises $1.25 bn from six global investors including Softbank group and SingTel.

Bharti Airtel International B.V., doing business in Africa as Airtel Africa has raised $1.25 billion (over Rs 9,200 crore) by issuing fresh shares to six global investors including Warburg Pincus, Temasek, Singtel, and SoftBank Group International. The company organized a two-stage fundraise to manage its debts. The transaction will not be involving any sale of shares…

Wipro appoints former SBI chairman Arundhati Bhattacharya as an independent director.

Wipro Limited, the India-based information technology, consulting and business process services company headquartered in Bengaluru has appointed former State Bank of India chairman Arundhati Bhattacharya as an independent director for a term of 5 years, with effect from January 1, 2019. “I am delighted and privileged to be invited to join the Board of Wipro Ltd.,…

Coca-Cola Announces Promotions in Operational Leadership.

The Coca-Cola Company today announced new roles for four operational leaders, including the naming of two new group presidents. The company also announced the creation of a Global Ventures position. The promotions are a follow-up to an earlier announcement about the company’s election of a new president and chief operating officer and the transition to…

Coca-Cola Announces Key Leadership Changes, as the CEO, James Quincey Looks at the Big-Picture.

The Coca-Cola Company, an American manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups, best known for its flagship product Coca-Cola, on Thursday announced Key Leadership Changes.  Smith named president and COO: The company announced that the Board of Directors had elected Brian Smith to Serve as Incoming President and COO effective Jan. 1, 2019. Smith…

ClearTax raises $50 million in the latest round of funding

ClearTax, an income tax return e-filing platform and investment platform announced on Tuesday that the company has raised $50 million ( about Rs. 300 crores) in a Series B round led by Composite Capital. The last time ClearTax raised funds was in June 2016, it raised $12 million from SAIF Partners along with $2 million in seed funding from…