Tag: funds

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...

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

Latest

A peep into the leisure life of an HR leader

‘Life beyond Work’ in three words - Helping others - Being with family - Spirituality Passion beyond work I belong to a family that was uprooted during the Kashmir...

Tools, skills or collaboration – what’s the hierarchy of priority during automation?

What is digital transformation all about? Is it easier said than done? What does it really take to be able to ride the waves...

NIVEA India celebrates ‘Careers Month’, empowers employees

Living up to its purpose of ‘care beyond skin’, NIVEA India is constantly trying to “create a workplace based on a robust foundation of...

Gratuity, leave encashment are components of salary: SC

According to the Supreme Court, gratuity and leave encashment are components of the salary. This ruling went against the argument of the advocate representing...

DIALOGUE

“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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...