Ola Electric HR Director Quits, Another High-profile Exit
Ola Electric, India’s well-known startup, continues to see resignations. The latest exit from the company is Ranjit Kondeshan, Director HR, who joined the company in May 2021 and decided to move on in just 14 months of joining.  Ranjit has a total experience of 18 years. Prior to this, he worked at Visa as Director…
Vipin Kumar
ONGC Gets Director On HPCL Board After 5 Months
After five months, Oil & Natural Gas Corporation (ONGC) has finally appointed a director on HPCL (Hindustan Petroleum Corporation Ltd.) The Ministry of Petroleum and Natural Gas on June 22, conveyed its consent for Pankaj Kumar as director, according to the regulatory filings by HPCL. For the five months, ONGC had no representatives on the…
Shipra Prajapati
Which Is The Leading Company In FMCG Industry India?
Fast-moving consumer goods or FMCG Industry India sells nondurable products at relatively low prices. The FMCG industry is the fourth largest area to contribute to India’s economy. FMCG companies sell products like packaged foods, toiletries, personal care products and consumables. The most popular FMCG products are vegetable groceries and dairy products that are sold relatively…
Abdullah Ansari
India Is Facing Most Challenging Economic Situation
According to Hindustan Unilever (HUL) chairman Nitin Paranjpe, India is facing the most difficult economic situation that results in inflationary demand. This has prompted fast-moving consumer goods (FMCG) buyers to temporarily cut back on purchases through a period of price stickiness, which was declared ‘rare’ by the company. “India is going through probably the most…
Government To Begin Development Of Enterprises And Services HubsÂ
India is planning to expand its limited Special Economic Zones (SEZs), which are presently focused on exports, into all-encompassing economic hubs with the motive to draw in more foreign investment.   According to a draft released for consultation and industrial units situated in these hubs, which would be known as Development of Enterprises and Services Hubs…
How Does Having Women in Top Leadership Impacts The Workforce?Â
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…
Jain Irrigation Ltd. To Merge With Rivulis To Overcome Debt
Jain Irrigation System Ltd., on Tuesday, said that its global irrigation business would be merged with Temasek-owned Rivulis in a cash-and-stock deal. The company took this move to reduce its debt by 45%, or Rs 2,500 cr. Jain Irrigation’s global business has been valued at Rs 4,200 cr. of which Rs. 2,7oo will be used…
Sri Lanka Closed Schools and Halt Non-essential Govt Services Amid Economic Crisis
Sri Lanka is in heavy debt and has been confronting a financial crisis for a long time. Due to this, now the country has begun a two-week shutdown, followed by closed schools and halted all non-essential services. The country took this step to conserve fast-depleting fuel reserves. The International Monetary Funds opened the talks with…
John David
Societal Contribution Towards Female Labour Participation Rate
A significant drop in the female labour contribution rate in the labour force has raised concerns in India. According to data from the International Labour Organisation (ILO) and the Ministry of Statistics and Program Implementation (MoSPI), India follows many African and Asian countries in terms of Female Labour Contribution to the workforce. COVID-19’s impact on…
Mahindra Group Appoints Abanti Sankaranarayanan as Chief Group Public Affairs Officer
Mahindra Group announced the appointment of Abanti Sankaranarayanan as Chief Group Public Affairs Officer, where she will be responsible for the Group Public Affairs (National & International), Group Sustainability and Group Risk & Economist Functions. In addition to this, she will be a part of the Group Executive Board and report to Dr Anish Shah,…
