ECONOMY
Age of incremental change is over, its time for exponential growth in higher education: Govt
On the sidelines of Visitor’s Conference 2022, President Kovind met distinguished donors and philanthropists who have donated to IISc Bangalore and IIT Madras to strengthen the educational infrastructure and develop new research and innovation centers at these institutions.
BUSINESS
UK tries out 4-day work week. Can India do the same?
Companies may look at the 4-day work week experiment through four prisms – productivity, roles, sectors and geographical locations. And some also argue that employers need to adopt a mindset change to shift to such a workspace culture, even in parts.
BUSINESS
As DCB Bank charts growth path, HR head lists 6 hiring traits he looks for
Candidates must have a positive attitude, curiosity, and ability to deliver, Venkattesh R, head of HR tells Moneycontrol
BUSINESS
Exclusive | TeamLease Edtech to raise around Rs125 crore from PEs, aims to float IPO
TeamLease Edtech says it is a legally independent entity within the TeamLease Group and aims to grow 5X to 6X over the next four years
BUSINESS
Explained | UK's new visa rule for brain gain: Is it worth all the noise?
While the UK argues that new visa scheme will attract top talents to aid its economic growth and innovations further, the scheme is facing criticism of being elitist and exclusionary not just for regions like India and South Asia, Latin America and Africa, but even for parts of Europe
INDIA
Led by IISc, 17 Indian universities among top 200 universities in Asia
India is the third most-represented country in Asia, with 71 institutions getting ranked among 600 plus varsities, but the seven older IITs including IIT-Bombay, IIT Delhi, IIT Kanpur, and IIT Madras are not participating in THE rankings for the third year in a row demanding more transparency.
INDIA
From IAS vacancies to EWS selections: 5 takeaways from civil services exam
There are vacancies for 180 IAS positions, 37 IFS and 200 IPS positions among others.
BUSINESS
Exclusive | HR is changing, increasingly getting catapulted to business operations: Chandrajit Pati of PI Industries
Pati says the employee-employer relationship is changing and employees are seeking to become partners in business. Talent managers will have a bigger role here―to understand what employees are looking for, what is changing, their expectations, and how HR is able to address it
POLITICS
Modi Govt @ 8: Key people of the government
While Prime Minister Modi can take the lion’s share of the credit for turning the BJP and NDA’s fortunes around since 2014, there are many who have played a crucial role in scripting the larger success story of the government. We look at a few of the key figures in the Modi government.
BUSINESS
Startup layoffs to continue as exuberance takes a break; will curb attrition across sectors
Experts and talent managers say the trend is indicative of a shift to profitability over customer acquisition and unmanageable expansion, a subdued investment environment, and a fear of possible recession.
ECONOMY
Student admissions | Nine central universities get exemption from UGC's common entrance test
State governments wrote to the Union Education Ministry and sought exemption from CUET this year even as UGC wanted to make CUET-UG mandatory.
BUSINESS
Younger workforce will not respect age, they respect relevance and impact: Shiv Shivakumar
Talking about key skills that will help navigate the changing dynamics at work, Shivakumar says learning agility, communication, collaboration, complex problem solving skills, creativity and critical thinking skills will be important.
BUSINESS
CXOs pay hike in India expected to be 8.9% in 2022, highest in 6 years: Aon
While startups are likely to give or are giving up to 9.5% hike to CXOs this year, it is 9.3% in manufacturing, and 9.2% in IT and ITes sectors
BUSINESS
MC Interview | Employee loyalty doesn’t exist, the contract between a company and employee is now very short: Shiv Shivakumar
The former chief of PepsiCo in India talks about the changing nature of careers and how youngsters will not respect age but will revere relevance and impact
ECONOMY
UGC forms committee, finalising rules to allow foreign universities to open campuses in India
The higher education regulator has already been approached by a few foreign institutions to open their campuses in India, says UGC Chairman Jagadesh Kumar
BUSINESS
IIT Madras raises Rs 131 crore from alumni and corporates in FY22, up 30% YoY
Some of the older IITs including IIT-Madras are increasingly tapping alumni and corporates to contribute so that they can accelerate their growth, fulfil their desire to expand, pursue R&D activities, and rely less on annual government budegeratry grants.
BUSINESS
How Shivakumar uses T20 cricket, aircraft and shopping mall models to offer career advice to professionals
Having a sense of your destination, of what you could likely become, is important, as well as having a sense of what drives you and your passion, Shiv writes in his new book The Art of Management
BUSINESS
MC Interview | At Dell, we are championing hybrid work as a permanent feature: Ritu Rakhra
Rakhra, Regional HR Head (India), talks to Moneycontrol about the hybrid model of work, how the company has been encouraging employees to balance life and work and the war for talent
BUSINESS
Aakash Chaudhry leads Series-A funding in HR tech startup Hono
While Chaudhry invested $4 million (around R.31 crore) in HONO, the startup has raised $1million more from other individual investors including Hemant Sultania, Amit Khanna of Amaya Ventures, and Harsh Gupta of Udayat Group. The series A funding totals $5 mn.
ECONOMY
MC Exclusive: UGC to allow undergrads to do immersions with scientists, industrial R&D labs
An institutionalisation of research internship and immersions at under-graduation levels will play a key role in catalysing inter disciplinary research culture as envisaged in the new education policy, the UGC draft guidelines say. NEP 2020 has a provision that allows students to avail multiple entry and exit during a four-year degree course.
BUSINESS
Exclusive | Companies tapping tier 2-3 talent pipeline to counter great resignation
Some even argue that tier 2 and tier 3 talents are good at sales and marketing, and are proving to be an asset for successful rural penetration of products and services.
ECONOMY
Exclusive | EPFO interest rate credit likely to happen earlier than previous years
Crediting an interest rate of 8.1% earlier will also benefit EPFO’s financial health as the outgo will be less during PF claim settlements.
BUSINESS
ALLEN: Maheshwari brothers of Kota have built a coaching empire brick by brick
An institute that started with a table at home now has 15 buildings with a capacity of 5,000 to 25,000 students each in Kota alone. On May 1, James Murdoch and Uday Shankar-led platform Bodhi Tree Systems announced an investment of $600 million in the test prep firm.
BUSINESS
James Murdoch and Uday Shankar-led Bodhi Tree invests $600 million in test prep firm Allen
The investment in Allen comes at a time when the test prep market is in the thick of action, and traditional test prep brands are reshaping themselves through investments, mergers and acquisitions.
