Latest News, Updates & Breaking Headlines
Unifeeder is considering restarting its feeder service at Mormugao port, aiming to connect Goa to Mundra, a major transshipment hub. Panaji: Mormugao Port Authority had 679 vacancies against a sanctioned strength of 1,512 posts as of March, with its actual workforce having shrunk from 1,408 employees in April 2021 to just 833, a reduction of…
BENGALURU: The IT sector’s biggest dealmakers have historically emerged from a predominantly male cohort. Even as women account for a significant share of the workforce across large IT services firms, far fewer have traditionally occupied roles that drive multi-million and billion-dollar deals, underscoring a long-standing gap between corporate representation and influence. Though still a small…
Amazon CEO Andy Jassy says he hasn’t “really digested” Jack Dorsey’s decision to lay off 4,000 employees — nearly half of Block’s workforce — citing AI-driven efficiency gains. Jassy acknowledges that many jobs humans have done for decades won’t need as many people going forward, but struck an optimistic note, saying new roles will emerge…
Bengaluru: Ola Electric said it will cut about 5% of its workforce as part of a broader business turnaround and structural transformation focused on automation and service-led execution. The company had around 3,500 employees before the layoffs, according to a person familiar with the matter who spoke on condition of anonymity.The latest decision, affecting about…
Grace Lee (Image source: Instagram/@bigsis.grace) Grace Lee, 30, a Harvard Business School graduate and former JP Morgan analyst, went viral recently after sharing a deeply personal reflection on her career, health, and startup struggles via Instagram. In the post, she shared her “museum of failures” whereby she explained the different experiences that many successful people…
Why are women facing a dark job market after graduating? India has taught its women to dream, study, and graduate with shining degrees. What it has not done is teach its economy to take them seriously. A surge in women’s higher education is ostentatiously boasted as a victory. The numbers are worth applauding. We do…
NEW DELHI: Govt has managed to get significant concessions for Indian workers and professionals looking to work in Oman, with the Gulf nation allowing companies to employ up to 50% Indians in their workforce, instead of 20% at present.The move is aimed at ensuring that Indian companies that set up shop do not end up…
NEW DELHI: India needs to overcome bottlenecks to increase both quality and quantity of workforce participation and labour productivity, an NCAER report released on Thursday said. The report underlines the role of skilling and small enterprises as key drivers of job creation in the country, an NCAER statement on the study said. The study titled…
Amazon is championing AI agents as autonomous coworkers, not just tools, predicting they’ll drive 80-90% of enterprise AI value. This vision emerges as Amazon cuts thousands of corporate jobs, sparking concerns about AI’s role in workforce displacement. Amazon is pushing a fundamental shift in how companies view artificial intelligence—not as software tools, but as autonomous…
A defining feature of the new framework is the inclusion of gig, platform, and unorganised-sector workers within the social security net. (AI image) By Puneet Gupta India’s labour landscape is undergoing its most significant reform since Independence. The Government has consolidated 29 central labour laws into four comprehensive Labour Codes, the Code on Wages (2019),…
