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Paradigm shift? Companies prefer generalists, freelancers over specialists and regular workers

Hiring experts have said that a large number of employers these days shortlist candidates who are generalists and not specialists, especially for entry level jobs.

Jul 8, 2017

Cash-strapped Venezuela offers India's ONGC oil stake

Petroleos de Venezuela SA has proposed selling a 9 percent stake in the San Cristobal field to ONGC Videsh, a subsidiary of India's state-owned top explorer Oil and Natural Gas Corp.

Jul 8, 2017

Interview with Freecharge COO Govind Rajan

Will Axis Bank overtake Bank of Baroda and Paytm to acquire Freecharge?

Axis Bank is currently conducting due diligence and while neither the bank nor Snapdeal has commented on it, the deal if it goes through might be worth about $100 million.

Jul 8, 2017

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Tech Mahindra Layoff: Anand Mahindra apologises to employee asked to resign by 10 am

Anand Mahindra's apology comes after an unnamed employee was asked to leave with immediate effect and his recorded conversation with the HR representative went viral online.

Jul 8, 2017

Sebi seeks details of IDFC-Shriram Capital mega merger

Market regulator seeks details of trade patterns corresponding to the price movements of the respective company stocks.

Jul 7, 2017

Infosys to hire 2,000 employees at its North Carolina innovation hub

The firm had earlier said that it would start four technology hubs in the country and hire 10,000 local workers. The North Carolina hub is the second one of the four hubs.

Jul 7, 2017

India, Israel launch $40-million innovation fund

Each country will allocate $4 million per year over a five-year period for the fund's activities

Jul 7, 2017

IDFC and Shriram Groups discuss merger that could create financial giant worth Rs 60,000 crore

The merger would result in the formation of a financial powerhouse, which could have a market value of about Rs 62,000 crore

Jul 7, 2017

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Microsoft confirms layoffs; job cuts likely to impact about 3,000 employees

The Redmond-based firm began sending out layoff notices on Thursday and most of the job cuts are likely to affect the firm's sales and marketing staff based out of the US.

Jul 7, 2017

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Want to acquire AI's international operations: IndiGo

While IndiGo may be interested in buying national passenger carrier Air India's international operations, it has said that it is not keen on a joint venture with the government.

Jul 7, 2017

CBI files 2,000-page dossier as evidence in Vijay Mallya extradition case, next hearing on September 14

The 61-year-old fugitive liquor baron will have to be extradited within two months if the court judgment goes against him.

Jul 6, 2017

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Ratan Tata backed-Moglix raises $12 million in Series B funding

The latest round of fund-raising saw participation by new investors IFC and Rocketship, apart from existing ones, including Accel Partners.

Jul 6, 2017

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IT companies to post muted growth for June quarter: Nirmal Bang analyst

Infosys, TCS, Wipro, Tech Mahindra, Mindtree and HCL Technologies are expected to report mixed results for June quarter, 2017.

Jul 6, 2017

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Amazon invests Rs 1,680 crore in India amid Flipkart and Snapdeal merger talks

Amazon's infusion Rs 1,680 crore in its India ops is seen as a move to conquer the Indian online retail market, and cut further into Flipkart's pie.

Jul 6, 2017

Microsoft employees prepare for massive layoffs likely to begin on Thursday

While the job cuts have been predicted for quite some time, it is now being said that Microsoft's corporate rejig is likely to begin on Thursday, July 6.

Jul 6, 2017

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