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MPL raises $500,000 under its Employee Investment Plan
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MPL raises $500,000 under its Employee Investment Plan

MPL raises $500,000 under its Employee Investment Plan E-sports and mobile gaming platform Mobile Premier League (MPL) on Wednesday said it has raised USD 500,000 (about Rs 3.65 crore) from existing employees as part of its Employee Investment Plan. The Employee Investment Plan, which was announced last month, was open to all employees of MPL and they […]

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Supreme Court suspends ruling on a man who molested girl after outcry
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Supreme Court suspends ruling on a man who molested girl after outcry

Supreme Court suspends ruling on a man who molested girl after outcry Supreme Court of India on Wednesday suspended a lower court’s ruling reducing the punishment for a man who groped a girl after the verdict sparked an outcry in a country where crimes against women have become politically contentious. Rights groups and politicians had […]

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TikTok owner ByteDance to cut down its 2,000-plus India team
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TikTok owner ByteDance to cut down its 2,000-plus India team

TikTok owner ByteDance to cut down its 2,000-plus India team China’s ByteDance is cutting the size of its 2,000-plus India team and is unsure when it will make a comeback, the company told employees in an internal memo on Wednesday, months after its popular TikTok video app was banned. The move came after India this […]

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Trident Group to distribute ESOPs worth Rs. 200 cr in next fiscal
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Trident Group to distribute ESOPs worth Rs. 200 cr in next fiscal

Trident Group to distribute ESOPs worth Rs. 200 cr in next fiscal Trident Group on Wednesday said it will distribute employee stock ownership plans (ESOPs) worth Rs. 200 crore among its employees through the Trident Welfare Trust in the next financial year. “Trident Group has announced distribution of ESOPs worth Rs. 200 crore through the Trident Welfare Trust […]

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Hindustan Zinc CFO Swayam Saurabh has resigned
C-Suite Move

Hindustan Zinc CFO Swayam Saurabh has resigned

Hindustan Zinc CFO Swayam Saurabh has resigned The Indian Manufacturing firm, Hindustan Zinc Chief Financial Officer (CFO), Swayam Saurabh, has resigned from his post to pursue a career outside the group, the company said. “His date of release will be intimated separately, the company said in a BSE filing made on Saturday, 26 January 2021. […]

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VMware appoints Guru Venkatachalam as VP & CTO for Asia Pacific and Japan
C-Suite Move

VMware appoints Guru Venkatachalam as VP & CTO for Asia Pacific and Japan

VMware appoints Guru Venkatachalam as Vice President and Chief Technology Officer for Asia Pacific and Japan Enterprise software major VMware on Wednesday said it has appointed Guru Venkatachalam as Vice President and Chief Technology Officer for Asia Pacific and Japan. Prior to this role, he was CTO of Cloud Architecture at VMware. His appointment follows the retirement of Bruce Davie, former […]

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Hero MotoCorp CIO & CHRO Vijay Sethi quits
C-Suite Move

Hero MotoCorp CIO & CHRO Vijay Sethi quits

Hero MotoCorp CIO & CHRO Vijay Sethi quits, Pradeep Eledath appointed interim IT Head Vijay Sethi, CIO & CHRO of Hero MotoCorp, has quit the company after a thirteen-year long stint. His last working day at the automaker was January 20, 2021. Along with the role of CIO, Sethi also donned the role of Head […]

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Not sexual assault if there is no ‘skin to skin’ contact: Bombay High Court
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Not sexual assault if there is no ‘skin to skin’ contact: Bombay High Court

Not sexual assault if there is no ‘skin to skin’ contact: Bombay High Court Groping a minor’s breast without “skin to skin contact” cannot be termed as sexual assault as defined under the Protection of Children from Sexual Offences (POCSO) Act, the Bombay High Court has said. Justice Pushpa Ganediwala of the Nagpur bench of […]

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62% women working in Tech Industry prefer working from office: Survey
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62% women working in Tech Industry prefer working from office: Survey

62% women working in Tech Industry prefer working from office: Survey Almost 38 per cent of Indian women working in the tech or IT industry prefer working at home to working in the office, says a new survey. About 36 per cent women said they had more autonomy when not working in an office, according to the […]

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Panasonic Life Solutions to set up a new manufacturing facility in Andhra Pradesh
Industry

Panasonic Life Solutions to set up a new manufacturing facility in Andhra Pradesh

Panasonic Life Solutions to set up a new manufacturing facility in Sri City, Andhra Pradesh Panasonic Life Solutions India, a wholly-owned subsidiary of Panasonic Corporation, on Monday said it will invest Rs 600 crore to set a up a new manufacturing facility in Sri City, Andhra Pradesh (AP). The company plans to make a total Investment of Rs 600 crore […]

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Wipro appoints Douglas Silva as Country Head for Brazil
C-Suite Move

Wipro appoints Douglas Silva as Country Head for Brazil

Wipro appoints Douglas Silva as Country Head for Brazil IT major Wipro on Monday said it has appointed Douglas Silva as the Country Head for its Brazilian operations. Prior to joining Wipro, Silva was the Head of Financial Services Industry in Latin America and Enterprise Sales Director for Brazil for Amazon Web Services (AWS), a statement said. He has more than […]

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