Romy Walia To Join Freed As Chief Marketing Officer
On Thursday, India’s first debt relief platform, Freed, announced the inclusion of Romy Walia as Chief Marketing Officer. He will be responsible for creating an inclusive marketing and implementation strategy, counting consumer, trade and digital marketing. Romy is a seasoned marketing professional with extensive experience of more than two decades of serving organisations across three…
Microsoft Eliminates 1800 Employees As A Part Of Structural Adjustments
Microsoft has cut off 1800 employees across different groups as a part of its structural adjustments. The company states that it cuts some jobs to realign business groups and roles after the close of its fiscal year on June 30. It also added that Microsoft would continue to hire new employees and conclude the current…
10 Best COOs in India – What Makes The Most Successful COOs?
A chief operating officer plays a multifaceted role in an organisation. Not only do they monitor the day-to-day administrative and operational processes in the organisation but also bring the vision and interpersonal skills to the table to inspire the organisation’s workforce. While picking up the 10 best COOs in India 2022, we had a few…
How Does Having Women in Top Leadership Impacts The Workforce?
Today, more than 44% of companies globally have women in their C-suite. As per the reports of WeForum, companies that promoted women to C-suite had a 9.7% more profitable financial year. Similarly, according to reports from McKinsey, companies with gender-diverse workforce and women leaders have 21% more chances to cut above the rest. Reports also…
Alisha Torrent Appoints Purna Sadashiv As Head Of HR
Alisha Torrent Closures India Pvt. Ltd., the metals and chemical products manufacturing company has appointed Purna Sadashiv as Head of Human Resources. Featured in “The Best HR Leaders in 2022” edition of TradeFlock magazine, Purna Sadashiv was previously serving Genus Innovation Limited as Head of Human Resources. He is an accomplished human resources specialist with…
Elon Musk Owns 9.2% Stake In Twitter, Costing 73.5 Million
Elon Musk, the Chief Executive Officer of Tesla Inc, disclosed his twitter stakes by sharing the percentage of shares. He owns a total of 9.2% stakes in Twitter, becoming the single largest stakeholder on Twitter. The stakes hold a cost of 73.5 million dollars, his passive stakes can cost around 2.9 billion dollars based on…
Vedanta, With Foxconn, iPhone Maker, To Produce Chips In India
Foxconn, an iPhone assembler company, stated on Monday that it has partnered with Indian conglomerate Vedanta Ltd to produce chips or semiconductors in the South Asian country. With this, the electronic giant is looking to diversify its business amid the global chip shortage. Vedanta is one of the world’s leading diversified natural resources companies, mainly…
Adani Group Gives Green Signal to $5 Billion Steel Project With POSCO
South Korea’s POSCO and Indian billionaire Gautam Adani, together, aim to invest about $5 billion in the steel project in the western state of Gujarat. With this, the conglomerate, which is India’s largest player in ports and renewable energy, is making a move in the metal sector. Before this, it steps into aluminum and copper….
Vedanta Considers A Demerger To Streamline Its Corporate Structure
November 18, 2021: More than a year after its unsuccessful bid to go private, Vedanta Ltd. seeks to revise its corporate structure. According to the statement released by the company, the Anil Agarwal-led mining giant has hired experts to help it evaluate options and alternatives, such as demerger, spinoff, and strategic alliances, to increase the…