Infosys has extended the tenure of its CEO Vishal Sikka by two years and announced a hefty increase in his package. In a regulatory filing to the Bombay Stock Exchange, the company said the board had re-appointed Sikka as managing director and chief executive from April 1, 2016 to March 31, 2021.
Austria’s capital Vienna has bagged the top ranking in the world as the best city to live in, according to the 18th Mercer Quality of Life Study. Three German cities, namely, Munich, Dusseldorf and Frankfurt find a place in the top ten cities with rankings at number 4, 6 and 7 respectively.
The spate of employee layoffs has finally reached e-retail companies. After Helpchat, Zomato, TinyOwl and several others had fired employees over the course of the last few months, it has emerged that Snapdeal is on the verge of laying off as many as 200 employees from its workforce.
“India’s looking as sweet as Kulfi!” to 500 Startups at the moment, as it has launched 500 Kulfi, a $25 million India-focussed fund. The fund will be sector agnostic, but will focus on FinTech, EdTech, Health & Wellness, Data Analytics, Content and SaaS and SMB.
The selfie has come a long way. Nothing can be a bigger proof than the selfie finding a favour with the payments giants Mastercard.
Under a pilot program beginning in the fall, the credit card giant will allow customers to snap a selfie to verify their identities with facial scan technology.
Wishes do get fulfilled and how. Morgan Freeman’s voice, which has been appreciated, worshipped and celebrated endlessly, is finally going to be on your GPS navigation.
The Zika virus, which has been spreading across South America and has people in the US panicking, has had an unexpected fallout in faraway India. Tata Motors was all set to launch its new hatchback, rather unfortunately named Zica, when news of the virus outbreak started grabbing headlines last month. Tata realized that it would be hard to market a car that was named after a virus killing thousands of people, and decided to rebrand Zica.
Snapdeal is known for giving away some unbelievable discounts, but this was a discount that seemed too good to be true. Punjab University B.Tech student Nikhil Bansal was browsing through the site when he came across an iPhone 5S that was at 99.97% off. While others might’ve dithered, thinking this was a technical glitch, Bansal immediately ordered the phone. He paid Rs. 68, or $1, for a shiny new iPhone 5S.
There is some sobering news for young professionals. A survey conducted recently has revealed that 45% of young professionals suffer from some lifestyle…