Tag: Investment

Variable pay of Wipro’s managers, C-suite not released

Pressure on margins and supply-chain challenges are amongst the reasons why Wipro has decided to hold back variable pay of its employees. It is reported...

PriceLabs gets $30 mn funding, to expand team

Having managed to raise funds to the tune of $30 million, as part of a Series A funding, PriceLabs Inc., the pricing and revenue-management...

Maharashtra signs MoUs, to create over 23K jobs, become data-centre hub

The Government of Maharashtra has signed various memoranda of understanding (MoU) with 15 national and international companies in a bid to bring in investments...

US to spend $150 mn to train locals for H-1B jobs

Looks like the number of Indian tech experts and others who move to work in the US on H-1B visas will soon start dwindling....

HR tech company, Zimyo, raises seed funding of Rs 11 cr

Gurugram-based Zimyo Consulting, which is into HR technology, has raised around Rs 11 crore as seed funding from Singapore-based Beenext Zimyo will use the fund...

Entry-level hiring platform, Able Jobs, receives funding of $1.8 million

Able Jobs, the Bangalore-based entry-level hiring platform, has managed to get funding of about $1.8 million from a funding round, which witnessed participation by...

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...

Livspace lays off 450; WeWork slashes 20% jobs

Bengaluru-based home design and decor startup, Livspace, has reportedly laid off close to 450 employees from its 2,800-strong workforce.  This news of layoff comes...

Corporate health benefits startup raises $US 3.6 million in funding

Health benefits startup, ekincare, has managed to raise $US 3.6 million in a series A funding round, led by a new investor. This takes...

Hallmark Group invests in ScaleneWorks

ScaleneWorks People Solutions, an Indian talent solutions company, has received funds of about a million dollars from the Hallmark Global Group. The funds will be...

Sequoia Capital invests in HR tech startup, Darwinbox

Sequoia Capital India recently led a $15-million round in Darwinbox, an HR tech startup based in Hyderabad. In this series B round, the Company’s...

SoftBank offers $20 million to employees to buy stakes in second...

SoftBank, which invests in startups across the world, desires its employees to buy stakes in its second Vision Fund worth $108 billion. To make...

Employee benefits company, Sodexo, funds startup, Zeta

Zeta, a Bengaluru-based startup offering meal and other group benefits to corporate employees, has received funding worth $60 million from French employee benefits organisation,...

Amazon will invest $700 million on training

Amazon, the e-commerce company, plans to spend $700 million on retraining a third of its workforce in the US in new skills required to...

Over 15000 jobs to be cut at Deutsche Bank

Deutsche Bank, the German multinational investment bank and financial services company is planning a revamp estimated to cost $5.6 billion, which will see more...

Zeta’s Bhavin Turakhia takes minority stake in PeopleStrong

The two companies will provide a holistic offering to enterprises in the HR technology space.

Employee benefits ROI calculator app to optimise spending

The app helps evaluate the standard of savings and the impact of employee benefit programmes on retention, absenteeism, recruitment and performance too

Talent.io grabs $8.8 million for its recruitment platform

The platform helps companies find full-time employees, interns and freelancers.

AI-based HR Analytics platform Infeedo gets funded on a TV reality...

The AI-based HR analytics platform agreed to give away 5 per cent equity to the team formed by Ameera Shah, managing director and CEO, Metropolis Healthcare, and Vivek Bhargava, CEO, iProspect.

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,”...

Latest

Hirect fires 40% workforce as part of strategic changes

As part of organisational restructuring and strategic changes in its business model, Hirect, a chat-based direct-hiring platform for startups, has laid off 40 per...

EnKash rolls out special ‘Attitude Bonus’ for employees

EnKash, a business spend-management platform has rolled out an industry-first incentive programme called the ‘Attitude Bonus’. Through this special programme, EnKash will honour its...

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...

Monster is now ‘foundit’

Indian job search portal, Monster.com, has now been transformed into a full-fledged talent- management platform. Starting today, it will be called 'foundit', with an...

DIALOGUE

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....

“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...