Sanjay V Jorapur Appointed As President And HR At Ashok Leyland
Ashok Leyland, India’s Commercial Vehicle Manufacturer, announced the appointment of Sanjay V Jorapur as President and head of Human Resource. He will replace Amanpreet Singh, who is currently working in the same position as he will move to a senior role at Hinduja Group in Mumbai. “I am delighted to announce this appointment. Sanjay joins…
UP Government To Hire 5,000 Employees In 50 Companies
Uttar Pradesh Job Fair 2022: About 5,000 jobs are being offered in the state at a special employment fair. A special job fair started in Uttar Pradesh on Wednesday (November 16) in the majority-dominated areas across 18 divisions of the state, according to the press release. This special employment fair for minority youth is going…
An Inspiring Flipkart Startup Story To Motivate Youth
Flipkart Big Billion Days Sale! Flipkart End of Season Sale! These are some taglines that you often read or hear whenever you come across social media. Do these words excite you? If you are a shopaholic or prefer online purchasing, you must wait for the season sale on Flipkart to buy needful items. Behind the…
Adani Group Acquires One Of India’s Biggest Aviation Company
On Tuesday, the multibillion-dollar Adani Group announced that it would acquire Air Works, one of India’s largest and most diverse aircraft Maintenance, Repair, and Overhaul (MRO) companies, as part of its expanding defence portfolio. Adani Defence Systems and Technologies Ltd (ADSTL) announced the signing of a merger agreement to acquire Air Works, which has one…
Pakistani Rupee Emerges As The Best Performing Currency
Last week, the unstable Pakistani currency, Rupee (PKR), became the best-performing currency in the world. The PKR made the biggest gain of 3.9 % to reach 219.92 rupees against the US dollar in anticipation of substantial foreign currency inflows. The Express Tribune states, “The rupee remained the best performing currency on a week-on-week basis.” The…
Svante Paabo Won Nobel Prize 2022 In Medicine
On Monday, Svante Paabo, a Swedish scientist, was awarded the Nobel Prize 2022 in Medicine for his exceptional discovery, which confirms that modern humans share DNA with bygone relatives Neanderthals and Denisovans. He has provided crucial insights concerning the human immune system and what makes us distinctive compared to our extinct cousins. Svante’s father, Sune…
Britannia Appoints New CEO And Executive Vice Chairman
The packaged food company Britannia on Friday named Ranjeet Kohli as the company’s new chief executive officer (CEO) with effect from September 26, 2022. At the same time, Varun Berry, the company’s current managing director, has been appointed as Executive Vice Chairman and Managing Director with immediate effect. “I am delighted to welcome Rajneet to…
SoftBank Cut OYO’s Internal Valuation To $2.7 Bn
SoftBank has cut the Indian hotel chain valuation to $2.7 billion from $10 billion. The reported valuation cut occurs when the startup is months away from an initial public offering (IPO). The reports suggest that SoftBank is the largest investor in OYO ━ at 45 per cent, nearly half of it━ , which is a…
Navi Technologies Gets Approval From SEBI For IPO
Sachin Bansal’s Navi technologies get the nod from the Security and Exchange Board Of India (SEBI) for an Initial Public Offering (IPO), providing the Flipkart co-founder with a boost as he works to create a financial services conglomerate. Navi Technologies is a fintech company that submitted the draft papers to SEBI in March this year…
The Crypto Market Set To Regain $3 Trillion Market Cap
The crypto market, led by BTC, Ethereum, BNB Coin, and several other altcoins, reached $3 trillion in November 2021, when 1 Bitcoin reached an all-time high of about $70ooo. There were also a lot of concerns about Foreign Direct Investment in the cryptocurrency market at the time. Following that, Bitcoin began to normalise to price…