Miscellany

Miscellany

Fewer women hired in 2018, thanks to Maternity Act

The Maternity Act was introduced to make workplace mo-re inclusive for women. But, it has in fact negatively impacted hiring of female candidates. Hiring of women in the private sector has dipped by 2.5 per cent in 2018 and men are promoted three per cent more in the mid and senior management levels, despite the fact that their attrition rates are lower than men in all levels, finds a study.  

Automation, AI making work more human, says London study

Technology has greatly bypassed time, distances and processes and allowed things to happen in real-time and instantaneously!

Nobody has the patience to wait for anything today as technology is capable of offering instant gratification or real-time access to services, products, things, data and contacts. And what was acceptable few years ago, in terms of delay and wait, is not more acceptable today.

Fewer women hired in 2018, thanks to Maternity Act

The Maternity Act was introduced to make workplace mo-re inclusive for women. But, it has in fact negatively impacted hiring of female candidates. Hiring of women in the private sector has dipped by 2.5 per cent in 2018 and men are promoted three per cent more in the mid and senior management levels, despite the fact that their attrition rates are lower than men in all levels, finds a study.  

Bank employees oppose merger

The All-India Bank Employees’ Association opposed the decision to merge banks. CH Venkatachalam, general secretary of the Association said: “There is no evidence that merger would strengthen banks or make them more efficient. We have seen five associate banks merging with SBI. No miracle has happened. On the other hand, it has resulted in closure of branches, increase in bad loans, reduction of staff and business.”

UK’s OHM launches experience centre in Delhi

OHM and Auxible India has launched its first exclusive experience centre at Patparganj Industrial Area in New Delhi. OHM is a UK-based manufacturer of commercial audio installation. It provides sales, service, install and design support to its customers in north India through Auxible India.

ISRO launches UK’s 2 earth observation satellites

The Indian Space Research Organisation (ISRO) successfully launched PSLV C-42 into orbit carrying two international satellites — Nova SAR and S1-4 — from Sriharikota on Sundayevening. The launch vehicle carrying the two satellites blasted off from the first launchpad at the Satish Dhawan Space Centre at 10.08 pm. It was a perfect lift off, ISRO officials said.

Jivi Mobiles to make smartphones, to invest Rs 100 cr on facility

Home-grown mobile maker Jivi Mobiles has forayed into the smartphone space with initial offerings in the price range of Rs 5,000 and Rs 7,000.

It plans to invest Rs 100 crore to build its manufacturing facility for smartphones. Until now, the company has been making feature phones only, a segment in which it has built a strong reputation, the company said.

Tata Motors drives in Tiago NRG at Rs 5.49L

Tata Motors, India’s biggest automaker by revenues, on We-dnesday introduced its first ever cross-hatch cal-led Tiago NRG ahead of the festive season to aggressively woo buyers. Wi-th an introduction price of Rs 5.49 lakh for the petrol and Rs 6.31 lakh for the diesel at Delhi showroom, this SUV inspired Tata Tiago NRG will rival the Ford Freestyle and Maruti Celerio X.

CIL may shut 53 mines on safety grounds

The state-run coal behemoth, Coal India is mulling closing down of as many as 53 mines on ground of safety and financial viability, CIL chairman Anil Kumar Jha said on Wednesday.  CIL is looking at rationalising its underground mines in view of safety and financial viability, anyways. Jha said that CIL had given a project to Indian School of Mines to come up with a solution on how the underground mines can be managed-either by closing or by amalgamating or by converting them into open case mines.

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