Indian IT Biggies Grappling With Attrition
India’s top three IT companies are grappling with high attrition rates. Employees at the Tata Consultancy Services (TCS), Wipro and Infosys are jumping the ship at a rate faster than ever.
India’s top three IT companies are grappling with high attrition rates. Employees at the Tata Consultancy Services (TCS), Wipro and Infosys are jumping the ship at a rate faster than ever.
Anyone doing business in China must become familiar with Guanxi. Commonly described as the system of social networks and influential relationships which facilitate business and other dealings, Guanxi is a crucial part of business life in China. Leadership expert Steve Tappin says it’s simply part of the “social fabric” in China. “It’s very difficult to get things done without it,”
49-year old Indian American Sunita Williams is among four astronauts who have been selected by NASA for commercial flights to the International Space Station from US soil. The other three are Robert Behnken, Eric Boe and Douglas Hurley.
Facebook just made a subtle design change to its icons. Probably lost on the vast majority of its 1.4 billion users, the change is a big leap for gender equality and could profoundly influence perceptions of women. The tiny icons appearing in the upper right-hand corner of the social networking site have been subtly changed.
Chinese stocks dived again on July 8, ignoring a battery of support measures from Beijing. As companies scrambled to have trading in their shares suspended, the People’s Bank of China said it was watching closely and would guard against systemic regional financial risks.
Indian corporates are going out of their way to woo women employees. After Flipkart announced a generous set of perks for its expecting mothers, Genpact has announced that it plans to hire women who have taken a mid-career break for any reason.
For the first time, Stanford Angels and Entrepreneurs (SAE) is venturing out of the Bay Area, California by setting up their India chapter. The chapter is being founded by Paula Mariwala, who graduated from Stanford University in 1988, and others.
Tech companies across the world have been ramping up their efforts to retain women employees, and this trend seems to be catching on in India too. Flipkart today announced a revolutionary set of perks that the company will soon be extending to its pregnant employees.
A banker with the RBI gives a lowdown on what it’s like to work at India’s central bank.