Bangalore

IKEA brings equality in its work culture

Swedish home furnishing major IKEA says India’s core culture is quite similar to that of the company. The company has conducted a 360-degree study – it interviewed a large number of HR heads, business leaders, retail executives and staff across the country – to understand what’s on the mind of young employees in the retail industry in India.

Hiring, training, reskilling goes digital at TCS

India’s leading tech player, Tata Consultancy Services, is all set to transform itself into an agile enterprise, by investing heavily in its most valuable asset base: The people.

TCS has a workforce of around 4 lakh people (3,94,998 as on March 31) of 131 different nationalities, out of which 35.3 per cent are women. The company says it believes in the changes required to cater to the needs of a millennial workforce, as 85 per cent of its employees are millennials (GenY) — born between 1980 and 1994.

AI to double wortld digital economy to $23t by 2025

Artificial Intelligence (AI) is driving a paradigm shift in how nations prepare for the digital economy and could almost double the value of the global digital economy to $23 trillion by 2025 from $12.9 trillion in 2017, says the Global Connectivity Index 2018.

Helpful hand: How realtors backed parties in Karnataka

It was a toss-up between the Bharatiya Janata Party (BJP) and the Congress-Janata Dal (S) or JD(S) post poll alliance – the real winner, however, seems to have been the real estate industry.

Realtors together, industry sources say, have contributed over a quarter or Rs 2,500 crore of the Rs 10.000 crore political parties are said to have spent on this crucial, neck and neck state election. Make no mistake, this was no political contribution. This was an investment.

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Nilekani short-changing Infy investors, says whistleblower

An email that may spell fresh trouble for Infosys, a whistleblower has written to Sebi complaining against the company and alleging that IT major’s chairman Nandan Nilekani had failed to uphold the highest standards of corporate governance practised earlier by the tech bellwether.

The whistleblower, in an email to the market regulator on Wednesday, accused Nilekani of conspiring with the present board to hush-up the wrongdoings of the board that exited after the company landed in a serious controversy about corporate transparency.

Tech capital hosts a political show; BJP has reasons to worry

It was all smiles and laughter, a few hugs and unparalleled bonhomie. Burying their hatchet, political rivals from the length and breadth of the county came on one platform to take on the common foe — a BJP that’s led by Amit Shah and prime minister Narendra Modi. The occasion was swearing-in of new Karnataka chief minister HD Kumaraswamy.

Bit late in the day, Infy spells out digital plans

Infosys is waking up to digital era, albeit too late. While rival TCS has already embraced digital and reaped rich dividends, Infosys, once the bellwether, has been slow to adopt new strategy in the fast changing tech world. Now, chairman Nandan Nilekani has spelt out its digital plans.

Ather Energy installs charging points for e-vehicles in Bangalore

Bangalore-startup Ather Energy has launched charging infrastructure for electric vehicles (EVs), AtherGrid. The company, known for its intelligent, electric scooter S340, will set up 60 charging stations in the city by end of this year.

With this, there will be a charging station within 4 km driving distance from any point in the city.  The company said it would scale up across the country starting with Pune and Chennai.

Congress invokes ‘K’taka model’ in Goa; RJD in Bihar

Karnataka governor Vajubhai Vala swearing in BS Yeddyurappa as Karnataka chief minister on Thursday has stirred up a hornet’s nest, making things increasingly tough for Narendra Modi government and BJP across the country.

Governor Vala’s decision to allow the largest single party BJP (104 seats) to form the government comes with a countrywide cascading effect, sort of drawing the 2019 battle lines much earlier than expected.

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