In a recent LinkedIn post, Jeff Bogdan, who spent 33 years at Microsoft, shared his experience after being abruptly terminated from his position as Director of Learning and Development (L&D) at Microsoft Windows in February. Bogdan's termination came as the company adopted a new hub and spoke model for L&D, a strategy he had advocated for but ultimately led to his job elimination.
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Adani Family Invests ₹8,339 Crore in Ambuja Cements, Boosts Stake to 70.3%
The Adani family has made a significant investment in Ambuja Cements, injecting ₹8,339 crore into the company and increasing their stake to 70.3%. This move marks a substantial commitment to the cement sector by one of India's leading business conglomerates.
Read More »“China Exceeds Growth Expectations, Hits 5.3% in Q1”
China's economy, the world's second-largest, has defied expectations by growing at a robust pace of 5.3% in the first quarter of 2024. This growth comes amidst ongoing challenges such as a slowdown in demand and a property crisis in the country, showcasing the resilience of China's economic policies and the adaptability of its markets.
Read More »Tesla Plans to Cut 10% of Global Workforce, 14,000 Jobs at Risk
Tesla, led by tech mogul Elon Musk, is reportedly gearing up to lay off over 10% of its worldwide workforce, a move that could affect more than 14,000 employees. The decision, aimed at streamlining operations and reducing duplication of roles, comes amidst a period of rapid growth for the electric vehicle maker.
Read More »“Zerodha’s Nikhil Kamath Introduces Investment Initiative for Under-25 Entrepreneurs”
Nikhil Kamath, the co-founder of leading stockbroker Zerodha, has announced the launch of 'WTFund,' a non-dilutive grant agnostic fund aimed at nurturing young and promising entrepreneurs aged 25 and under. This initiative seeks to support individuals with innovative ideas and transformative visions, empowering them to revolutionize their respective industries.
Read More »PM Modi Emphasizes Indigenous Production Amidst Elon Musk’s India Plans
Prime Minister Narendra Modi has reiterated India's stance on indigenous production, emphasizing the importance of local manufacturing in light of global investment interests, including those of Elon Musk's Tesla. In an interview with ANI, PM Modi underscored the need for investments to align with India's ethos and contribute to the nation's employment opportunities, particularly for its youth.
Read More »“Byju’s Founder Assumes Control as CEO Resigns, Initiates Operational Changes”
In a significant development, the founder of edtech giant Think and Learn, Byju Raveendran, is set to step into the role of handling the company's day-to-day operations following the resignation of CEO Arjun Mohan. This leadership transition marks a pivotal moment for Byju's as it embarks on a strategic overhaul aimed at consolidating its business into three key divisions.
Read More »Legalit Honored as Most Eco-Friendly Startup of the Year.
In a landmark achievement for sustainability in the startup world, Legalit, the innovative legal tech company, has been awarded the title of the Most Eco-Friendly Startup of the Year. This prestigious recognition stands as a testament to Legalit's unwavering commitment to environmental responsibility and innovative operational practices.
Read More »“Auto Industry Body Reports Two-Wheeler Sales Still Below Pre-COVID Levels”
The Society of Indian Automobile Manufacturers (SIAM) has reported that while the Indian auto industry showed overall growth in the financial year 2023-24, two-wheeler sales have yet to reach pre-COVID levels, indicating ongoing challenges in the sector.
Read More »BJP Leader Criticizes Air India’s Business Class Experience on Delhi to Dubai Flight
BJP leader Sudhanshu Mittal recently expressed disappointment and frustration over his experience on an Air India flight from Delhi to Dubai. Mittal had booked business-class tickets for himself and his wife, expecting a comfortable journey. However, upon boarding the flight, he discovered what he described as the "most pathetic business class ever."
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