Miscellany

Miscellany

India to add 1m cloud jobs by 2022

While 1.7 million cloud computing jobs are lying vacant globally for want of talent, over one million new jobs will be created in India by 2022.

The $2.2 billion valued Indian cloud computing market is growing rapidly to touch $4 billion by 2020 with an annual growth rate of more than 30 per cent. An estimated one million new jobs will be created in India by the year 2022 as more companies adopt cloud technology.

Old PCs can eat into profitability of firms: Study

A personal computer, older than four years, may attract huge owning and operating cost which is equivalent to acquiring at least three new modern PCs, says a recent survey jointly commissioned by Microsoft and Intel.

Hiring intent in 2019 to be most positive in 4 yrs

Hiring intent in 2019 is expected to be strongest after a gap of four years on the back of bullish employment opportunities in software and hardware, automotive and travel and hospitality sectors, according to India Skills Report 2019.

IHG to introduce Regent, Indigo in India; plans adding 49 more hotels

British hospitality major InterContinental Hotel Group (IHG) plans to introduce recently acquired super luxury brand Regeant and lifestyle brand Indigo in India.

IHG is simultaneously strengthening its leadership position in mid-segment by adding another 49 hotels.

The global hospitality player is betting big on the Indian market with plans to have a total of 150 hotels either functional or in the pipeline in the next two to three years.

Trek Bicycle plans expansion to 30 new cities in 5 years

America’s Waterloo-based Trek Bicycle Corporation, that designs, manufactures and sells 40 bicycle models in over 100 countries, is betting high on India.

The company says, bicycles are becoming favourite workout machines for health conscious and fitness savvy Indians even in tier II and tier III cities.  Designated cycle tracks proposed under Smart City initiatives will further boost the cycling trend in the country, anticipates, Navneet Banka, the company’s country manager in India.

Abhijit Bose named WhatsApp India head

The Facebook-owned WhatsApp has announced appointment of Abhijit Bose (in pic) as the head of its India operations.

Bose will have a mandate to build the instant messaging and social media firm’s first full country team outside California.

Bose and his team will focus on helping businesses, both large and small connect with their customers. Earlier this year, WhatsApp released the WhatsApp Business app for small business owners and the WhatsApp Business API to serve larger businesses that engage with customers at scale.

Firms ask govt to reimburse 13 weeks maternity leave wages for all

Staffing companies have asked the government to reimburse wages of 13 weeks out of the 26-week paid maternity leave and remove the wage ceiling to include all working women. The companies feel that funds will not be a problem for the government with unused corpus lying with the ESIC (Employee State Insurance Corporation).  

Maternity (Amendment) Act of 2017 had proposed wages equivalent to seven weeks to be reimbursed by the government of India to employers who employ women workers and provide leave benefits for 26 weeks.

AO Smith water purifiers in 46 cities by yearend

A O Smith is expanding the market of its water purifiers to cover 46 cities by the end of 2018. In a span of three years, water purifiers have grown fast, contributing 25 per cent of the company’s sales in India.

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