In 1970, a girl was born to a poor family in a village in China’s Hunan province. She grew up in the village, dropped out of school, and eventually started working life as a petty worker in a glass making factory. At the age of 45, she’s become the richest woman in China and the world’s richest self-made woman with a wealth of over $7.4 billion.
When you visit your physician regarding some aspect of your health, a blood test is often required. This typically involves a long needle and several blood-filled vials, which are sent to a lab for analysis. Theranos in US is now doing blood testing more quickly, conveniently, and inexpensively. Meet the creator of this revolutionary system, 30-year old Elizabeth Holmes, who dropped out of Stanford at 19 to pursue her passion and create Theranos.
After PwC (Price Waterhouse Coopers), the Hay Group is now planning to incubate startups in India, according to media reports. The US-based global consultancy firmplans to incubate 100 startups, mentoring them without directly investing money. It would help selected startups deal with all the challenges they face, from fundraising to firming up their growth strategy to attracting suitable talent, all without charging any fees.
Hundreds of delivery workers of working Flipkart and its subsidiary Myntra have gone on strike in Mumbai demanding toilet facilities at delivery hubs, proper working hours, extra allowances for overtime, a six-day week, uniforms and proper work schedules. Reports state that workers claimed 10,000 packages are pending for delivery due to the strike.
Prabir Jha, the HR Chief of Reliance Industries Limited (RIL) has quit.
Business or data analysts have been around for a while. However, during the last decade, data scientists have had the spotlight turned on them. In an article in the October 2012 issue of Harvard Business Review, the data scientist’s job was termed as the sexiest job of the 21st century!
Anshu Gupta, who quit his corporate job in 1998 to establish NGO Goonj, is among the two Indians who have been chosen for the 2015 Ramon Magsaysay Awards. Bureaucrat Sanjiv Chaturvedi, who blew the whistle on alleged scam at the premier All India Institute of Medical Sciences, is the other Indian awardee.
China and India, with 25 and 10 companies respectively, account for 70 per cent of the companies listed in the Forbes Annual Honour Roll of Asia-Pacific’s best exchange-listed big companies.
TERI Director General R K Pachauri has been eased out as Director General following accusations of harassment. Ajay Mathur, presently Director General of Bureau of Energy Efficiency (BEE) has been appointed in his place.