by News | Dec 9, 2022 | Initiatives
A private sector appointee to lead India’s largest insurer, which manages 41 trillion rupees ($500.69 billion) in assets, would be a first in its 66-year history. “The government is planning to broaden the eligibility criteria for appointment of LIC CEO so that...
by News | Dec 8, 2022 | Initiatives
Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. This move is being seen as part of a drive in the edtech sector towards profitability via cost-savings and consolidation, as funds dry up, they...
by News | Dec 7, 2022 | Initiatives
The development spells further trouble for the company, which has an overall debt pile of Rs 2.2 trillion including hefty dues to the government Vodafone Idea’s (Vi’s) search for a lifeline has turned longer and tougher even as it continues to lose customers and delay...
by News | Dec 6, 2022 | Initiatives
PepsiCo Inc. is laying off headquarters workers from its North American snack and beverage units, according to the Wall Street Journal, in a sign that corporate reductions are beginning to extend beyond technology and media companies. The Purchase, New York-based...
by News | Dec 5, 2022 | Initiatives
During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Riyadh, the Rwandan capital of Kigali, was announced as the host city for 2023, marking the first time the event will visit Africa. Rwanda, the home of the International...
by News | Dec 3, 2022 | Initiatives
Global cybersecurity leader Palo Alto Networks has highlighted key insights that organisations in India should be mindful of Cyber attacks are on a constant rise. The year 2022 was no different. Enterprises across industries and regions witnessed increased incidences...