IIM Ahmedabad just raised Rs 7.5 crore from alumni

July 5, 2017

IIM Ahmedabad just raised Rs 7.5 crore from alumni Raghunandan G, Vishwavir Ahuja and Aprameya. While conservation, restoration and upgrade of the classrooms in the Heritage Campus is being supported by RBL Bank (Vishwavir Ahuja is the MD & CEO of RBL bank), CR2 upgradation to state-of-art facility and maintenance at IMDC in the IIM-A New Campus is being supported by co-founders of TaxiForSure — Raghunandan G and Aprameya R…

Read More >>

The Marketing and Advertising Hiring Climate

July 5, 2017

Most marketing and advertising executives expect to keep the size of their creative (nontechnical) staff steady in the second half of 2017, according to recent research from The Creative Group. The report was based on data from a survey conducted in June 2017 of 200 marketing executives randomly selected from companies with 100 or more employees and 200 advertising executives randomly selected from agencies with 20 or more employees. Some…

Read More >>

Bengaluru Hotel Accused Of Denying Room To Hindu-Muslim Couple

July 5, 2017

Bengaluru: A couple from Kerala, a Muslim man and his Hindu wife, have alleged that they were denied a room by a hotel in Bengaluru. Shafeek Subaida Hakkim and Divya DV say they were turned away because they are from different religions, but the hotel has denied it. “They asked for IDs, said Divya is a Hindu name, you are a Muslim, how can we give you a single room,”…

Read More >>

Virgin Atlantic reveals 6 strangest check-in requests from across the world

July 5, 2017

If you think your check-in requests of brooms and mops were the strangest, you should definitely check out the list that Virgin Atlantic has to share. Virgin Atlantic check-in staff assists thousands of customers and they also go through many check-in requests that are strange. A study of the airline’s global airport teams, from Shanghai to St Lucia, has now revealed the strangest of check-in requests from around the world….

Read More >>

EPFO ties up with 5 banks to collect PF dues

July 5, 2017

NEW DELHI: Retirement fund body EPFO today inked pacts with five banks for collections of PF dues and to make payments of PF withdrawals, pension and insurance. The tie-ups with Bank of Baroda, ICICI Bank, HDFC Bank, Axis Bank and Kotak Mahindra Bank will help EPFO save around Rs 125 crore a year and expedite its investments as well as payment of benefits to its members. Now, employers having bank…

Read More >>

EPFO to now invest Rs 3,000 crore in AA+ rated corporate bonds

July 5, 2017

NEW DELHI: Retirement fund body EPFO has decided to invest in corporate bonds in the AA+ investment grade, a notch lower than the earlier norm of AAA, a move that will help it park around Rs 3,000 crore per annum in such securities. The decision to invest 2 per cent of investible deposits of the Employees Provident Fund Organisation (EPFO) was taken by its advisory body, Finance, Audit and Investment…

Read More >>

Housing sales dip 26% in Delhi-NCR in H1,unsold units 1.8 lakh: Knight Frank

July 5, 2017

NEW DELHI: Housing sales fell 26 per cent in Delhi-NCR in the first half of 2017 as demand continued to be sluggish post-demonetisation despite a price correction of 20 per cent in the last 18 months, according to Knight Frank. Unsold housing stock in the Delhi-NCR property market stood at a staggering 1.8 lakh units — highest in the country — that will take developers four and half years to…

Read More >>

Capgemini might hire over 20,000 employees from India

July 5, 2017

Capgemini, the French multinational information technology consulting corporation might hire over 20,000 people in India this year, having reskilled 45,000 of its employees until May, as it inches towards automation. Last year, the company had hired 33,000 people from the country, and re-skilled 51,000 of its employees. “There is a lot of training. We are investing a lot of money in the development of training programmes because automation and the…

Read More >>

Tata Motors passes on GST benefits to customers; slashes prices by 12 %

July 5, 2017

Tata Motors has announced its decision to reduce the prices of its passenger vehicles in a range of Rs 3300 to Rs 217000. “This will enhance the ease of doing business and usher in a new era for the economy in general and especially, for the automotive industry. Following the roll out of GST, we have decided to pass on the entire benefit to our customers. We are offering a…

Read More >>

US has exempted us from laptop ban, says Emirates airlines

July 5, 2017

Emirates airlines, Middle East’s biggest long-haul carrier, has announced that the US government has exempted it from its ban on laptops being carried in airplane cabins in flights from several Middle-East nations. The Dubai-based carrier has said that it has put in new security measures and that the ban had been lifted with immediate effect. This has happened after Abu Dhabi-based Etihad airlines also announced its exemption from the ban….

Read More >>