Tag: funds

Partial disbursement of pending salaries at Byju’s

Due to financial constraints, Byju’s, the edtech startup had been delaying the payment of salaries. It has processed the February salaries for all its...

Byju’s founder takes loan to pay pending salaries of employees

The cash crunch at Byju’s, the Indian edtech startup seems to be continuing. Latest media reports say that Byju Raveendran, founder of the firm,...

Strike call by government staff in Karnataka & West Bengal

Government employees in Karnataka are disappointed that the state government has not set aside adequate funds for a pay hike. The employees were hoping...

GoFloaters raises seed fund from Loyal VC

Gofloaters, the hybrid workplace platform has managed to raise seed funding from Canada-based venture fund, Loyal VC. The funding amount has yet to be...

Swvl, MPL lay off employees citing drying funds, pandemic

The Dubai-based mass transit solutions startup, Swvl, will lay off 32 per cent of its workforce. The objective is to enhance business efficiency, reduce...

Gigforce, the staffing platform, raises $2 million in funds

Gigforce, the on-demand staffing platform, has received a fresh infusion of funds to the tune of $2 million from Meraki Labs. With this latest...

Advantage Club bags $5 mn in funds, will expand team by...

HR Tech startup, Advantage Club has managed to raise about $5 million from various investors including, Y-Combinator, Jetty Ventures, Earlsfield Capital, SMC Advisors, as...

Schneider to fund Luminous’ expansion, create 2,000 direct jobs

Schneider Electric, the energy and automation digital solutions company, will invest Rs 350 to 400 crore in Luminous Power Technologies, its Indian subsidiary. The...

Delhi government releases Rs 28.24 cr for salaries of DU staff

Finally, there is good news for the employees of the 12 Delhi University colleges fully funded by the Delhi government. Funds to the tune...

Staff-management solutions platform, PagarBook raises US$15 mn in funding

PagarBook, the staff-management solutions company born in 2019, has managed to raise funds of US$15 million in a Series A round, led by Sequoia...

JP Morgan to spend Rs 17 crore on upskilling 4,800 Indian...

American multinational investment bank and financial services holding company, JP Morgan, will be donating Rs 17 crore, that is, about $2.25 million, to provide...

Virgin Atlantic may lay off over 3,000 employees

No airline has escaped the effect of the pandemic, given that most airports are sealed and flights have been grounded for months now. British...

BSNL seeks funds yet again

Bharat Sanchar Nigam (BSNL), the state-owned telecom company, has again approached the Government for funds to pay the June salaries of its staff, which...

Jet employees to raise funds and keep airline in business

Jet Airways is used to flying in the sky but this time round it has a dark cloud over its head. Finding an escape...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Saudi Arabia upscales ‘Saudisation’ drive with HR jobs restriction

Saudi Arabia has taken a further step in its ‘Saudisation’ labour policy, reserving human resources (HR) positions for Saudi nationals only. This move, announced...

Latest

“Ditch the diploma, dig for diamonds in 2024,” Udbhav Ganjoo

Talent tango: Fresh faces, sharp skills, or tech triumph? HR’s 2024 balancing act Attracting, developing and engaging talent are interconnected and perennial priorities, which will...

Pajama power: Gen Z dresses down in china’s ‘lying flat’ protest

Several Gen Z employees in China are rejecting formal office attire, opting for the comfort of pyjamas and loungewear. This sartorial rebellion, documented on...

WFH for IT employees to solve Bengaluru’s water crisis?

Bengaluru may have to allow employees to work from home because it is facing a major water crisis. The city is home to about...

Capgemini eyes major talent surge in India for FY25

Capgemini, the global professional services and IT consulting firm, has announced its ambitious recruitment plans for India for FY2025. Commencing from April 2024, this...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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