Wednesday, November 29

India

Quiet Quitting, a Turf or Trial? Industry Professionals Weigh in!
27Aug By Linda AshokNo Comments
India, Marketing

Quiet Quitting, a Turf or Trial? Industry Professionals Weigh in!

There are just as many ways to define "quiet quitting" as there are experts, analysts, and opinion leaders who have written about it. But to understand this old trouble in a new label means an employee is no longer willing to put in the extra effort their employer has come to anticipate from them. With that in mind, we need clarity on the root causes than a precise definition. What causes someone to finally reach their breaking point and establish firm limits on the level of commitment they previously felt driven to give? There is no single correct response; there are many possible ones. According to the AVP of Brand Partnership at Qube Cinema Technology, Mayank Sehgal, the idea of quiet firing and quiet quitting is very old. He says, "In India, quiet firing and quitting have existe...
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NASSCOM Reviews India’s Technology Sector 2021-2022
23Aug By Linda AshokNo Comments
Business, India

NASSCOM Reviews India’s Technology Sector 2021-2022

NASSCOM issues the annual strategic review of India's technology sector, which experienced a massive boom in the last 10 years. The executive summary of progress titled "Think Digital, Think India, From Resilience to Resurgence" has a constructive foreword from the President of NASSCOM, Debjani Ghosh, highlighting the performance of India's technology sector in 2021 and 2022 with predictions for 2023. In FY2022, the technology industry in India reached $227 Billion in total revenue, exceeding the pre-pandemic FY2019 revenue level by more than double. Importantly, the sector added its most recent $100 billion in ten years, but the first $100 billion took thirty! The industry added a record-breaking 445,000 net new jobs in FY2021, surpassing the 5 million mark in total employment. The...
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RBI Issues Discussion on UPI Payment Charges, Invites Feedback
22Aug By Linda AshokNo Comments
Business, India

RBI Issues Discussion on UPI Payment Charges, Invites Feedback

The Reserve Bank of India (RBI) has issued a discussion paper on "Charges in Payment Systems" for public comment, as indicated in the Statement on Developmental and Regulatory Policies on December 08, 2021. On or before October 3, 2022, you can respond via email to any questions or comments posted there. This comes up as people question if India will have UPI payment charges! The Reserve Bank of India (RBI) has prioritized efforts to smooth out payment systems by addressing any hiccups caused by systemic, procedural, or revenue-related concerns. Consumers typically have issues with excessive or opaque fees and are concerned about UPI payment charges and parties involved in processing their payments. Users should pay fair and competitive rates for payment services, while intermediari...
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At 84, Indian Industrialist Ratan Tata Funds Goodfellows
17Aug By Linda AshokNo Comments
Business, India

At 84, Indian Industrialist Ratan Tata Funds Goodfellows

84-year-old Indian Industrialist Ratan Tata, who oversaw the operation of the $128B Tata Group for decades, has invested in a company that pairs retirees with recent college grads for lasting partnerships. To further its mission of fostering "inter-generational friendships," Ratan Tata funds Goodfellows announced on Tuesday that it had received a seed investment from Mr. Tata, the prominent chairman emeritus of Tata Sons Ltd., which controls over 150 companies, including some of India's most valued, including software outsourcer Tata Consultancy Service Ltd. and the country's largest steelmaker Tata Steel Ltd. Shantanu Naidu, 30, who also serves as general manager of Ratan Tata's office and startup investment portfolio, launched the company. Mr. Naidu also lends a hand to Mr. Tat...
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Big Bull Rakesh Jhunjhunwala Green Flags Indian Stock Markets
9Aug By Linda AshokNo Comments
Business, India

Big Bull Rakesh Jhunjhunwala Green Flags Indian Stock Markets

Rakesh Jhunjhunwala remains bullish on domestic stock markets even as Dalal Street, along with global peers, faces multiple headwinds. In an interview with CNBC TV18, the ace investor Jhunjhunwala who just entered the aviation space with Akasa Air, asserts that domestic stock markets will grow regardless of global developments. Despite his continued support for Indian markets, he predicted Dalal Street's expansion would be slower than expected. The ace investor is one of the most vocal proponents when investing in India. Talking about spaces he believes could do well in the future, Rakesh Jhunjhunwala said that PSU banks are his bet as he thinks credit will rise, and the consequence will be an increase in banks' pricing power. The power of PSU banks gathering deposits is his betting...
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Har Ghar Digital, Har Jeevan Digital: India Domains at Rs 75
7Aug By Linda AshokNo Comments
Business, India

Har Ghar Digital, Har Jeevan Digital: India Domains at Rs 75

India is on a mission to increase access to the digital world. The Har Ghar Digital, Har Jeevan Digital campaign offers individuals to book a website domain name with registry.in. Individuals can get .in and .भारत (.bharat) for an annual fee of only Rs 75 or $1 only. This digital India campaign is a major opportunity for every working professional as India gets ready to celebrate its 75th Independence Day on August 15, 2022. Domain names on the Internet are no longer as pricey as they once were. They are more affordable than purchasing a meal. In honor of India's 75th Independence Day, domain names are available for just Rs 75 per year. This offer is made available by The National Internet Exchange of India (NIXI) as part of its statewide "Har Ghar Digital, Har Jeevan Digital" campa...
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Agritech Startup DeHaat Joins the League of Layoffs
2Aug By Linda AshokNo Comments
Business, India

Agritech Startup DeHaat Joins the League of Layoffs

Agritech startup DeHaat is the latest startup to reduce its workforce by laying off employees. This comes less than a year after the company raised $115M in the largest funding round ever for an Indian agricultural technology startup. Shashank Kumar, the founder and CEO of the company, denies the allegations that the business fired five hundred employees. In a conversation with Money Control, CEO Shashank Kumar disputed the number in triple digits. "It (layoffs) was more of a corrective measure around performances and due to culture misfit but the number is definitely not in three digits," Shashank told Money Control. The organization claims it has more than 2,000 employees on its payroll. Kumar stated that the organization had recruited more than 1,200 to 1,300 workers over the ...
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After a Ban in 2016, Google Street View Relaunched in India
27Jul By Linda AshokNo Comments
India, Technology

After a Ban in 2016, Google Street View Relaunched in India

Because of worries over the country's security, Google Street View was banned in India in 2016, now relaunched with strong partnerships! According to reports, Google had submitted an additional proposal for the Street View service in 2018, but like the previous one, it was declined. This time, the rollout of Google's Street View service in India depends on partnerships with various local agencies and organizations. Google has formed partnerships with the mapping solutions provider Genesys International and the IT powerhouse Tech Mahindra to bring you the Street View function. Google claims this is the first time that Street View has ever been brought to life entirely by local partners anywhere in the world. What is Google Street View Google Street View provides users with panoramic v...
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An Analysis of India’s 5G Spectrum Auction Outcome
26Jul By Linda AshokNo Comments
India, Technology

An Analysis of India’s 5G Spectrum Auction Outcome

India's most awaited battle for the 5G Spectrum auction got Indian billionaires Mukesh Ambani and Gautam Adani, along with a slew of players expected to bid as much as $14 billion for frequency rights. These rights could determine who dominates the digital era. The scheduled date is Tuesday, July 26, 2022, from 10 am till 6 pm. Although Mukesh Ambani's Reliance, Jio Infocomm Ltd., has paid the highest pre-auction deposit, thereby being the most aggressive bidder in the sale and a new entrant Adani Data Networks Ltd., whose bids will be closely watched as competitors try to map out its telecom ambitions. Wireless carriers Bharti Airtel Ltd., a joint venture between Vodafone Group Plc and Kumar Mangalam Birla's group managed by billionaire Sunil Mittal, and Vodafone Idea Ltd., are als...
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