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…
Yash Sharma
Meta India Gets New Head: Sandhya Devanathan
On Thursday, Meta announced the appointment of Sandhya Devanathan as the Head and Vice President of Meta India. This appointment came a day after Ajit Mohan quit to join a rival social media app Snap. She will get into her new role on January 1, 2023. In her role, Sandhya will focus on the business…
Aman Goyal
SoftBank To Sell One-third Of Its Stake Via Block Deal
Japan-based SoftBank is to sell its stake of One97 Communication, owner of Paytm, worth $200 billion through a block deal on Thursday. BofA Securities, Bank of America, is the deal’s banker. SoftBank has offered to sell shares in the price band of Rs 555-601 single piece. At the lower end of the band, it is a…
Mukesh Ambani Plans To Buy English Football Club
Indian billionaire Mukesh Ambani has now entered the race to bid for the globally-renowned English Football Club Liverpool takeover. The club has been put on sale by Fenway Sports Group, the current owner, which bought it in October 2010, according to the reports. This is not the first time Ambani is eyeing a stake in…
Larsen & Toubro Infotech, Mindtree Announced Their Merge
On Monday, two IT companies, Larsen & Toubro Infotech (LTI) and Mindtree, announced their merger, which will come into effect following the regulators and shareholders. The merger company is known as LTIMindtree and is now the fifth-largest IT company in India in terms of current market capitalisation. After the merger, 73 shares of LTI will…
Shipra Prajapati
Everything You Should Know About FTX Collapse
The world’s third-largest cryptocurrency exchange, FTX, filed bankruptcy this week after a bailout from the larger rival Binance collapsed. FTX started with a $400 million Series C funding round, bringing its valuation to over $32 billion. After ten months, the crypto exchange is staring down the possibility of bankruptcy. After filing bankruptcy, Chief Executive Officer…
Harsh Jain Offers Jobs To Indian Laid-off Employees
Thousands of Indian employees around the world are dismissed from their jobs. Harsh Jain, CEO and co-founder of Dream11, has urged Indian employees to ‘Come Back Home’ as he decides to offer them employment. In a post on LinkedIn, he wrote, “Please help remind Indians to come back home after the layoffs in the US…
Indian Oiltanking Signed Agreement With Adani Ports
On Wednesday, Adani Ports and the Special Economic Zone Ltd. (APSEZ) announced that it acquired a 49.38% stake in Indian Oiltanking for Rs 1,050 crore. APSEZ, a flagship transportation sector of the Adani group, is India’s largest private ports and logistics company. Under the agreement, Adani Ports will also obtain an additional 10% equity stake…
An Insight Into The Major Benefits Of HRIS
There are only a few start-ups that help entrepreneurs taste real success. However, once a small scale starts to get massive, the Human Resource department is the one that initiates panic. Since the number of employees starts to rise, the safety concerns among the HR department also begin to rise. This is where HRIS comes…
Abdullah Ansari
India’s Balance Of Payment Likely To Fall Short
An internal assessment by the Ministry of Finance indicates that India’s balance of payment is likely to fall short, up to $50 billion in the financial year of 2022-23. The rupee might continue to decline against the US dollar because of foreign exchange outflow, but the Center is confident that it will manage the deficit…
