Former Director General of The Energy and Resources Institute (TERI), R.K. Pachauri, accused of sexually harassing a 29-year old researcher in February last year, is in fresh trouble. A male researcher has now filed a complaint with the Delhi police alleging pressure from seniors in TERI to ‘ask’ the complainant to settle the case out of court.
Microsoft India has joined the league of companies which have increased maternity leave for their women employees. From February 1, women employees in the company will be eligible for maternity leave of 6 months.
The Young Entrepreneurs Academy (YEA!) is set to open two centres in India to teach entrepreneurship to school students between 11-18 years. The centres would launch at the American School of Bombay in Mumbai and at Shri Ram School in New Delhi.
Baby and maternity products retailer, FirstCry.com, which is owned by Brainbees Solutions Pvt Ltd., has received funding of undisclosed amount from eminent industrialist Ratan Tata. Tata has already invested in over a score of companies including Snapdeal, Paytm, Ola and CarDekho in his personal capacity.
The original social networking site, Friends Reunited, is being shut down. Launched in 2000 by Steve Pankhurst and Jason Porter, the site allowed its users to get in touch with old acquaintances by searching for people who shared a school, university or workplace.
Infosys has revised its HR policy allowing employees to work from home 9 days in a month as against 4 days earlier. The measure is being seen as one more initiative to arrest attrition and drive productivity.
India’s first solar ferry is getting ready to be launched shortly. The ferry, with a capacity of 75 passengers, will not pollute water and air, be silent for the passengers and the environment and have little operational expenditure as it will not require any fuel.
San Diego-based facial recognition startup Emotient has been taken over by Apple Inc. The financial terms of the deal have not been revealed. This is the third startup acquired by Apple in the area of artificial intelligence (AI), the previous two being Perceptio and VocalIQ.
At the TiECON conclave, which ended in Mumbai on January 7, 2016, eminent industrialist Ratan Tata was asked how he decided on investments in startups. He replied, “I am intrigued by a startup if it has an interesting concept that excites me… Second is what I feel about the founders…whether they have passion and innovation in what they do.