Indian-origin structural engineer Roma Agarwal, who helped build Europe’s tallest building, the Shard, in London, has been invited to Buckingham Palace by Queen Elizabeth II. Roma will join a group of other female engineers at a reception being hosted by the Queen to encourage more women to take up the engineering profession.
In a path-breaking move, the Government of India has approved the induction of women pilots into the fighter stream of the Indian Air…
Jack Dorsey, CEO, Twitter has announced giving a third of his Twitter stock to the company’s employees. Barely three weeks after taking over as permanent CEO, Dorsey tweeted, “I’d rather have a smaller part of something big than a bigger part of something small.” Dorsey said the move was to “reinvest directly in our people” and the shares would go into the employee equity pool.
Jabong’s plight may well be a resounding alarm for the hitherto burgeoning startup scene in India, which is finally showing signs of correction, what with Zomato, Helpchat and Housing scaling down their workforce, and food tech startups like Dazo ceasing operations.
Trouble is brewing in the food tech industry. After food delivery TinyOwl fired xxx employees, and food delivery app Dazo shut down last week, and Zomato has now annouced that it will be laying off 300 employees, or 10% of its workforce.
Flipkart’s been packaging and shipping an astonishing number of packages this festive season, and resources are understandably stretched. So they’re calling in reinforcements for their delivery teams. They’re hardly your typical delivery employees though.
If you suspected that India’s startup boom was reaching world-class proportions, you now have numbers to back it up. In a report released jointed by consultancy firm Zinnov and Google, India has been placed 3rd in the list of startup ecosystems worldwide.
Playboy magazine will stop publishing pictures of fully nude women from March 2016. In an interview with New York Times, the company’s CEO Scott Flanders said that founder and editor in chief Hugh Hefner, 89, had agreed with such a proposal. Giving reasons for the change, he told NYT, “You’re now one click away from every sex act imaginable for free. And so it’s just passé at this juncture.”
Infosys CFO Rajiv Bansal stepped down today even as the company was announcing its quarterly results. He would be replaced by M.D. Ranganath.
Bansal joined Infosys as Manager, Finance in 1999 and became its CFO three years ago in October 2012. He is a chartered accountant and cost accountant by profession. He would resign from the company effective December 31, 2015 to provide a smooth transition.