Yushika Jolly, the founder and chief executive officer of semi-permanent hair colour making startup Paradyes, appeared on reality TV show Shark Tank India Season 2. Her investment pitch led to a fight among the sharks, before she and her husband Siddharth Raghuvanshi decided to go with boAT co-founder Aman GuptaContinue Reading
India’s ShareChat, a short video-sharing platform backed by Google and Temasek, said on Monday it let go of around 20% of its employees, as startups face increasing pressure from investors to cut costs. “There is a growing market consensus that the current global economic downturn would be a much moreContinue Reading
India Inc is likely to see an average salary increment of 9.8 per cent in 2023, slightly higher than a 9.4 per cent hike in 2022, and for top talent the increase will be much more, says a survey. According to Korn Ferry’s latest India Compensation Survey, organizations are focusedContinue Reading
As part of its ongoing round of layoffs, Amazon will terminate more than 18,000 employees. as announced by CEO Andy Jassy on January 5. And now, Indian employees of the tech giant have started speaking up on the current layoffs, whether they themselves have been terminated or not. ‘First, IContinue Reading
India’s import of crude oil from Russia increased further in December 2022, topping 1 million barrels per day for the first time ever as Moscow remained its top oil supper for the third month in a row, according to data from energy cargo tracker Vortexa. Russia, which made up forContinue Reading
LVMH Moët Hennessy- Louis Vuitton, the world’s leading luxury products group, is undergoing a major management reorganisation, appointing Pietro Beccari to lead Louis Vuitton and assigning Delphine Arnault, the daughter of chief executive Bernard Arnault, to lead Christian Dior. The changes will be effective from February 1. Who is theContinue Reading
Former Indian Premier League (IPL) chairman Lalit Modi on Sunday named his son Ruchir Modi as the new head of the branch and beneficiary of the KK Modi Family Trust. Announcing his resignation via social media, he stated that after consulting with his son and daughter, he is giving upContinue Reading
Technology giants Meta and Microsoft have now decided to vacate their office spaces in Seattle and Bellevue in United States. Facebook’s parent Meta announced it was subleasing its offices in Eighth Avenue North in downtown Seattle and Spring District in Bellevue, Seattle Times reported. It has also added the reviewContinue Reading
Incentives paid by the government to banks for promoting RuPay debit cards and low-value BHIM-UPI transactions will not attract GST, the Finance Ministry said. Last week the Cabinet cleared a ₹2,600-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal. Under theContinue Reading
Industrialist Harsh Goenka has taken to Twitter to explain why Indians are earning the highest in the United States. In a tweet. he shared an infographic on median household income in the United States by ethnic group. According to Goenka, Indians value good education and are the most educated ethnicContinue Reading