Former Tata group chief Cyrus Mistry has hit out at R Venkataramanan, a Ratan Tata loyalist and managing trustee of the Tata Trusts, for dragging his name in the AirAsia India bribery case saying it was a “ridiculous attempt” to question CBI’s independence and to cloak his own “alleged misadventures” at the airline.
Infosys co-founder and chairman Nandan Nilekani, his wife Rohini Nilekani, and three Indian-origin billionaires have joined the philanthropic initiative created by philanthropists Bill and Melinda Gates and Warren Buffett, pledging to commit more than half of their wealth to charitable causes.
India’s leading tech player, Tata Consultancy Services, is all set to transform itself into an agile enterprise, by investing heavily in its most valuable asset base: The people.
TCS has a workforce of around 4 lakh people (3,94,998 as on March 31) of 131 different nationalities, out of which 35.3 per cent are women. The company says it believes in the changes required to cater to the needs of a millennial workforce, as 85 per cent of its employees are millennials (GenY) — born between 1980 and 1994.
Post the data breach, almost 70 per cent of Facebook users in India are not willing to share personal data as they did before, while 76 per cent users have become cautious about online financial transactions. Among the internet users, 86 per cent are also concerned about the security of their Aadhaar data, finds a study.
With spiralling fuel prices, the time for cheap air travel could be over. Country’s largest airline IndiGo on Tuesday announced to levy a fuel surcharge of up to Rs 400 per passenger on domestic routes to offset rising oil prices. With IndiGo controlling nearly 40 per cent of the local market and a virtual monopoly across the network, other carriers such as SpiceJet and GoAir are expected to follow suit in increasing fare.
There are two things New Delhi marketing executive Khyati Malhotra never leaves home without: Her taser and a pepper spray.
The hiring trends look positive this year. Almost 85 per cent of Indian companies expect their workforce to grow this year and of this around 50 per cent look forward to at least six per cent growth.
National carrier Air India has been rocked by yet another controversy. An airhostess has levelled sexual harassment charges against a senior executive of the airline, drawing parallel with “predators” Harvey Weinstein and Bill Cosby.
The airhostess went public by posting her complaint on Twitter. She also complained to prime minister Narendra Modi and civil aviation minister Suresh Prabhu. The government swung into action following an outrage.
Indian-origin innovator Veena Sahajwalla, who has made her mark in revolutionising recycling science, is among the 21 distinguished Australian scientists elected as new Fellows of the prestigious Australian Academy of Science this year.
The Academy, a not-for-profit organisation founded in 1954, said they have been honoured for making significant and lasting impacts in their scientific disciplines.
The FBI warned on Friday that Russian computer hackers had compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic.
The US law enforcement agency urged the owners of many brands of routers to turn them off and on again and download updates from the manufacturer to protect themselves.