The Rise And Fall Of Elizabeth Holmes

The Rise And Fall Of Elizabeth Holmes

Just over a year ago, Elizabeth Holmes was a business celebrity, designated the youngest self-made billionaire in the world with an estimated worth of US$ 4.5 billion. Her US-based startup, Theranos, which reportedly conducted medical tests with just a few drops of blood, was making news for its revolutionary approach to blood testing.   Barely a year later, she and her startup are neck-deep in trouble. Her current net worth, according to Forbes, is zero. Theranos’ downfall…

Infosys Veteran TV Mohandas Pai Predicts Nightmare Jobs Scenario By 2025

Infosys Veteran TV Mohandas Pai Predicts Nightmare Jobs Scenario By 2025

  T V Mohandas Pai, Infosys veteran and Chairman, Manipal Global Education Services has said that a demographic nightmare faces India. According to him, by 2025, about 20 crore young people would have no jobs or fewer jobs due to increasing automation and improvement in technology. He was speaking at the 14th National HRM Summit organised by the All India Management Association (AIMA) in New Delhi. He said that robots are taking over large number of…

Bombay Dyeing Reinvents Itself, Moves From Manufacturing To Retail

Bombay Dyeing Reinvents Itself, Moves From Manufacturing To Retail

At the ripe old age of 137, Bombay Dyeing & Manufacturing Company is turning a new leaf. It has finally said goodbye to dyeing and manufacturing and is turning to retail. Established by Nowrosjee Wadia in 1879, the company is known for its quality home textile products. It is learnt that its manufacturing facilities would be monetised as real estate assets. The company has earmarked an investment of Rs 100 crore over the next 3-4…

India Has Maximum Public Holidays Among All Countries In The World

India Has Maximum Public Holidays Among All Countries In The World

There might not be a lot of areas in which Indians can claim to be number one, but this should come as happy news for the harried Indian corporate worker. Travel search site Wego has listed countries which have most holidays in the world. India occupies the top position in that list with 21 public holidays. Columbia and Philippines follow at the second place with 18 public holidays in a year while China gets the…

Top Public Sector Companies Do Not Have Sufficient Independent Directors

Top Public Sector Companies Do Not Have Sufficient Independent Directors

Independent directors in companies are in focus after the recent developments in the Tata Group. But all companies do not have on board the requisite number of independent directors. According to a study of the 2016 annual reports of companies featuring in the Nifty 50 index carried out by CimplyFive, 10% did not have the requisite number of independent directors. These companies, all of which belong to the public sector, are BPCL, NTPC, ONGC, Power Grid and…

Here Is A Handy Snippet From Reserve Bank’s FAQs On Demonetization

Here Is A Handy Snippet From Reserve Bank’s FAQs On Demonetization

The Reserve Bank of India (RBI) has put up on its website (www.rbi.org.in) frequently asked questions (FAQs) on the recent demonetisation of higher denomination notes. The website is updated as of now up to yesterday and answers all commonly faced queries relating to the demonetisation. Among other things, the website states: All Rs 1,000 and Rs 500 banknotes, including the pre-2005 banknotes (which do not have the year of printing mentioned on the reverse) are…

Here Are The Sectors That Have Suffered The Most On The Stock Market Post Demonetization

Here Are The Sectors That Have Suffered The Most On The Stock Market Post Demonetization

It’s been a week since Rs 1000 and Rs 500 notes were demonetised. Expectedly, the stock markets have fallen since the announcement. The BSE Sensex, which closed at 27,591.14 on November 8, 2016 stood at 26,298.69 on November 16, 2016, registering a decline of 4.7%. Here’s how the different sectors have responded to the demonetisation move. BSE Sensex The sectors which have borne the brunt of the beating have been realty, consumer durables and auto…

Hiring Startup CoCubes Acquired By Aon Hewitt

Hiring Startup CoCubes Acquired By Aon Hewitt

Hiring and assessment startup CoCubes has been acquired by global consulting firm Aon Hewitt. In a blog on its website, CoCubes has announced its joining the Aon family. According to the blog, the deal – financial details of which have not been disclosed – has not taken place all of a sudden and was in the making for over two years. Justifying the reasons for their coming together, the blog states, “Aon Hewitt’s focus on…

Here’s How The Common Man’s Life Would Change After Demonetization

Here’s How The Common Man’s Life Would Change After Demonetization

So, the pale-brown Rs 500 and Rs 1000 denomination notes are consigned to history now. It would be a Herculean task for banks to store and transmit the notes received to Reserve Bank of India (RBI) and an even more onerous exercise for RBI to destroy these notes in due course. The noise over availability of the new notes would die in a few days, once the supplies improve and the ATMs are recalibrated. Life…

Here Are The Top 10 Companies To Work For Women In India

Here Are The Top 10 Companies To Work For Women In India

It’s not easy being a working woman in India. However, increasing women participation in the workforce, especially in the organised sector, has led to greater awareness about women-centric issues and policies to make the workplace a more conducive place for women. A US-based magazine, Working Mother and a women-centric career service AVTAR have carried out a first-of-its kind survey to find the best companies for women to work in India. The 2016 survey is based…

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