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Ministry clears 20 food processing projects, to create around 12,000 jobs
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Ministry clears 20 food processing projects, to create around 12,000 jobs

Ministry clears 20 food processing projects, to create around 12,000 jobs The Union Food Processing Industries Ministry on Wednesday said it has cleared 20 projects worth Rs 363.4 crore under two central government schemes. The government will provide a grant-in-aid of Rs 102.91 crore for these projects, which together are expected to generate nearly 12,000 […]

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Amazon to start device manufacturing line in India
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Amazon to start device manufacturing line in India

Amazon to start device manufacturing line in India: Atmanirbhar Bharat Amazon on Tuesday said it will begin manufacturing Amazon Devices, including Fire TV sticks, in Chennai later this year in partnership with Foxconn’s subsidiary, Cloud Network Technology. “This is the first Amazon manufacturing line in India, reiterating our commitment to the Government of India’s ”Make […]

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Bharat Forge hikes wages by up to Rs 15,600/month
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Bharat Forge hikes wages by up to Rs 15,600/month

Bharat Forge has signed a new wage agreement with workers, effective from July 1, 2019 to June 30, 2022 Bharat Forge has signed a three-year wage agreement giving employees a hike starting from Rs 14,500 to Rs 15,600 per month. Following this, the average wage levels at Bharat Forge will now be in the range […]

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MRF announces bonus for employees after a sharp recovery
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MRF announces bonus for employees after a sharp recovery

MRF announces one month’s salary as bonus for employees after a sharp recovery in the business Tyre manufacturing giant, MRF limited has announced one month’s salary as a bonus to its employees who didn’t get increments in the year 2020. According to an ET report, “We are disbursing, to all MRF staff who went without […]

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Marriott CEO Sorenson dies after battle with cancer
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Marriott CEO Sorenson dies after battle with cancer

Marriott CEO Sorenson dies after battle with cancer Marriott International Chief Executive Officer Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said on Tuesday. The first non-family member to head the hotel chain, Sorenson, 62, had earlier this month stepped back from full-time role to treat the cancer that was […]

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Tata Electronics signs MoU, to create 18,250 jobs in Tamil Nadu
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Tata Electronics signs MoU, to create 18,250 jobs in Tamil Nadu

Tata Electronics signs MoU, to create 18,250 jobs in Tamil Nadu Tata Electronics has signed an MoU with the Tamil Nadu government to set up a facility for manufacturing mobile components. The project by Tata Electronics will cost Rs 4684 crores and it helps in creating jobs for 18,250 people. N Chandrasekaran, Chairman of Tata Group said, “Tata […]

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Myntra offers ‘Unlimited Wellness Leaves’ to Employees
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Myntra offers ‘Unlimited Wellness Leaves’ to Employees

Myntra offers ‘Unlimited Wellness Leaves’ to Employees Online shopping firm, Myntra has introduced certain privileges on leaves, to enable its workforce to enjoy the best of both, work and personal life. All Myntra employees are now entitled to unlimited wellness leaves, that can be availed if one is under the weather. The enhancement in the […]

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Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed CEO
C-Suite Move

Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed CEO

Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed Chief Executive Officer The Board of Directors of ArcelorMittal has announced that Aditya Mittal, currently President, CFO, and CEO ArcelorMittal Europe, will become Chief Executive Officer of the company. Lakshmi N. Mittal, who founded the company in 1976 and is currently Chairman and CEO, will […]

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GE T&D India appoints Mahesh Palashikar as Chairman of the Board
C-Suite Move

GE T&D India appoints Mahesh Palashikar as Chairman of the Board

GE T&D India appoints Mahesh Palashikar as Chairman of the Board GE T&D India Limited (GETDIL) has announced the appointment of Mahesh Palashikar on the Board as Chairman. Mahesh assumes the role of Chairman effective 1 March 2021 and succeeds Vishal K Wanchoo who resigned from Board upon assuming new responsibility with another company, post-retirement […]

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