Swiggy initiative Project Next transforms 100 Delivery Partners into Sales Executives

In the last five weeks, Project Next has transitioned Swiggy’s 100 Delivery Partners to Sales Executives who have onboarded nearly 360 restaurants, according to a statement.

10 hours ago

Extra toppings: B.Tech grads with AI, ML or IoT skills are earning 150% more than peers

Campus recruiters are increasingly seeking engineering graduates with additional skills in emerging technologies like AI, ML, and IoT. These candidates command higher salaries compared to those with just a B.Tech degree. Internships and apprenticeships also boost employability and pay, reflecting a growing trend in the job market.

1 day ago

Hiring right talent isn’t enough, it is important to keep them engaged too

​This makes learning an important aspect of growth. Vijai Subramaniam, Founder and Chairman, Royaloak Furniture, says, “In today's rapidly evolving business landscape, continuous learning and development are imperative for both individual and organisational growth. We must prioritise cultivating a culture of lifelong learning, encompassing both technical and soft skills.”

16 Sep 2024

PwC announces 1,800 layoffs in US as part of big restructuring, first in 15 years: Report

​The layoffs are reportedly primarily concentrated in the advisory and technology sectors. A significant portion of the affected employees are based offshore. WSJ quoted PwC's US leader, Paul Griggs, communicating these changes in a memo, “We are positioning our firm for the future, creating capacity to invest, and anticipating and reacting to the market opportunities of today and tomorrow,” he explained in the memo.

16 Sep 2024

India Inc wants staff to be ‘fit’ enough for hikes

Corporate India is prioritising employee health and wellness with companies like Deutsche Bank, Aditya Birla Health Insurance, and Philips integrating health goals into performance reviews. Initiatives include onsite diet consultants, wellness sessions, heart health assessments, and tracking health metrics. Aditya Birla Health Insurance now requires employees to incorporate health goals into their key result areas.

15 Sep 2024

Gen Z unplugged: Understanding the misunderstandings

Creating an environment to navigate a multigenerational atmosphere will ensure the sustenance of a happy and productive workforce. By addressing and correcting the misconceptions about Gen Z, society will be able to cultivate a more inclusive and empathetic environment across generations.

15 Sep 2024

LGBTQIA+ inclusion picks up speed in India Inc

Flipkart has opened a delivery hub in Delhi-NCR run entirely by LGBTQIA+ employees, marking a first in India. Companies like Wells Fargo, Axis Bank, and Godrej Consumer Products are also taking steps to include LGBTQIA+ talent through specialized hiring programs and inclusive policies, aiming to create equitable workplaces.

14 Sep 2024

Bridging the generational gap: The power of reverse mentoring in the workplace

The workplace is no longer a place where only senior employees impart wisdom to their juniors. In today’s fast-paced digital world, it’s essential for everyone to be open to learning, regardless of their position or years of experience. Reverse mentoring is a powerful tool that encourages employees across generations to share their knowledge and learn from each other. By embracing this concept, organizations can create a more connected and effective workforce, better equipped to tackle the challenges of the modern world.

13 Sep 2024

Karma hits back at job interview: IITian shares story of techie facing the woman he had insulted

Pranav Mehta, an ex-Microsoft employee, shared a story about a college student who insulted a woman on LinkedIn. Despite his behavior, he secured a referral and faced the same woman as his interviewer.

12 Sep 2024

Samsung India to lay off over 200 executives with business slowing down

​This comes at a time when the workers in its Chennai factory are on an indefinite strike for the third day on Wednesday impacting production of televisions, refrigerators and washing machines just ahead of the crucial festive season. The company is still trying to run the plant with production at around 50-80% of its capacity.

12 Sep 2024

Subhadra first govt scheme to offer digital rupee payment

Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries' bank accounts without intermediaries. Linked to RBI's digital currency pilot, the digital rupee can be spent using UPI QR codes or transferred to bank accounts.

41 minutes ago

AR glasses are here: Snap launches spectacles at LA summit and its own OS to power it

Snap Inc introduced its fifth-generation AR spectacles at the Snap Partner Summit in Los Angeles. These lightweight glasses feature a new OS, hand gesture controls, and virtual console capabilities. Initially available to developers for $99 monthly, they promise advanced AR experiences with partnerships including OpenAI, Lego Games, and Niantic.

2 hours ago

KRN Heat Exchanger to launch IPO on September 25

KRN Heat Exchanger and Refrigeration Ltd, headquartered in Rajasthan, will launch its IPO from September 25 to 27. Proceeds will fund a new manufacturing facility in Neemrana. Anchor investor bidding starts on September 24 for one day. The company specializes in fin and tube-type heat exchangers and has partnerships with major industry players.

4 hours ago

UPS vs NPS Calculator: Is A Switch From National Pension Scheme to Unified Pension Scheme Really A No-Brainer? Check Calculations, Benefits - Top Points

1 day ago

India accounted for 25% of global IPOs in first half of 2024: Angel One Wealth

India's IPO market has bucked global trends by capturing a quarter of global IPO volumes in the first half of 2024. The country now leads with over 5,450 mainboard listed companies. This growth is driven by strong demand and domestic inflows across sectors like consumer products, industrial products, financial services, and healthcare.

5 hours ago

Amazon Business customer base grew at 111% rate in 6 years: Mitranjan Bhaduri

Amazon Business has experienced a customer base expansion at a CAGR of 111% over the last six years in India, with 65% of orders made through mobile phones. Notable growth has occurred outside metro areas, especially in Bhopal. A study reveals strong consumer enthusiasm for online festive shopping, with 71% planning to shop online.

4 hours ago

Expanding jewels in Maharashtra's heart: PN Gadgil

PN Gadgil Jewellers plans to expand its presence in Maharashtra by opening 12 new stores by fiscal 2026. The company raised Rs 1,100 crore through an IPO for this purpose and to retire debt. PNG's flagship store in Pune remains the top revenue generator with Rs 800 crore in sales.

5 hours ago

JBM Ecolife Mobility secures $100 million funding from ADB, AIIB for electric bus expansion

JBM Ecolife Mobility has obtained $100 million in strategic funding from the Asian Development Bank and the Asian Infrastructure Investment Bank. This investment will facilitate the supply and operation of electric buses across several Indian states under the Gross Cost Contract model, aiding India's Net Zero 2070 target by promoting sustainable public transport.

7 hours ago

Stock market today: BSE Sensex, Nifty50 hold near record highs ahead of US Fed policy decision

Stock market today: Indian equity indices BSE Sensex and Nifty50 remained close to record highs with limited movement as investors awaited the U.S. Federal Reserve's interest rate decision.

17 hours ago

Bajaj Housing Finance hit 10% upper circuit after solid market debut

Bajaj Housing Finance shares jumped by 10% on Tuesday, closing at Rs 181.48 on BSE and Rs 181.50 on NSE. The stock has increased by 159.28% from its issue price of Rs 70 since its debut. The company's IPO raised Rs 6,560 crore and was subscribed 63.60 times due to strong institutional interest.

9 hours ago