Tag: IPO

Unacademy resorts to cost-cutting measures before IPO

Unacademy, the edtech unicorn, is taking measures to cut costs and focus on profitability. As part of the exercise, its founders and senior management...

Rohit Thakur, Paytm’s CHRO, quits

Paytm is seeking approval for its approaching IPO at a meeting, ahead of which it has witnessed major changes in its Board. Rohit Thakur,...

Vuram, GoAir to hire more people this year amidst return of...

IT company, Vuram, is gearing to take on 400 new hires in 2021, in line with the increasing demand for digitisation. Presently, the Company...

LIC employees not in favour of IPO

While, the government is planning to sell a part of its holding in the Life Insurance Corporation (LIC), the employees of the financial institution...

Rising costs force hospitality major OYO to increase layoffs

OYO Hotels and Homes is planning to increase the number of job cuts to 2000, that is, about 1500 more than what was planned...

Drivers suffer as Ola cuts losses by reducing expenses

Ola, the ride hailing company, has reduced its expenditure towards rewards and benefits for its drivers. The Company is preparing for an Initial Public...

Airbnb’s staff unable to cash in their company’s shares

The 6000 strong workforce of Airbnb has been trying to get the Company to go public. They have even approached the founders of the...

Uber’s first employee resigns from board

Ryan Graves, former VP-global operations at Uber, the American multinational transportation network company, has stepped down from the Company’s board of directors. Interestingly, Uber very...

HR Firm Genius Consultants gets SEBI’s nod to float IPO

Genius Consultants’ IPO comprises fresh equity worth Rs 170 crore, besides, one million shares of promoter Rajendra Prasad Yadav.

Quess Corp IPO oversubscribed 144 times

The recruitment, staffing, payroll and compliance management services company — earlier known as Ikya Human Capital Solutions—was acquired by Thomas Cook in May, 2013.

HR firm Quess Corp to launch IPO

The company proposes to utilise the net proceeds of the issue for repayment of debt availed by the company, funding capital expenditure requirements and fresh acquisitions.

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

Change of guard in Adani’s HR leadership

Jayant Kumar has taken charge as the new CHRO for ACC and Ambuja Cement, which is now part of the Adani Group of companies....

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...

Infosys launches digital centre, to create 1,000 jobs in Calgary

Over the next two years, Infosys plans to create 1,000 jobs in Calgary, Canada. This is double the number the Company had originally promised....
Gratuity to be paid on termination of employment only after 5 years of service

Central govt. hikes DA by 4%

The Ministry of Finance has announced the most awaited hike in the dearness allowance (DA) and dearness relief (DR) for Central government employees. On...

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...