You are here

#Google Is India’s Most ‘Attractive Employer’; 31% Indian Employees Not Loyal To Any Industry/Sector

57-year-old Randstad, which is world’s 2nd largest human resource firm having a presence in 39 countries, has declared Google has the most attractive employer in India. Their study, titled Randstad Employer Brand Research 2017, covered 75% of the global economy and questioned 1,65,000 respondents from 26 countries. This was their 7th year of this study. In India, 3500 employees were surveyed by Randstad. One of the most interesting results which came out from India was the issue of loyalty. One out of three employees in India has admitted that they…

Read More

#GST Will Boost India’s GDP by Rs 6.5 Lakh Cr : US Central Bank Predicts, But around 70% of SMEs Still Not Prepared For GST

Federal Reserve System, which is US’s central banking system, has made a report according to which Goods and Services Tax (GST) regime will enhance India’s GDP by 4.2%, which is Rs 6.5 lakh crore. Note here, that Rs 6.5 lakh crore is more than what India borrows, per year, from International financial organisations. In other words, Fed’s report suggests that India will no longer be required to borrow money if GST is implemented pan-India. July 1st is the possible date of the rollout of GST, pan-India. This research is part of Federal…

Read More

#China Is upset With Make in India Success–Threatens Trade War If India Protects Its Own Mobile Manufacturers

China’s state-sponsored media outlet: Global Times has issued a warning to India over its Make In India mission. In fact, the article published actually threatens India with ‘trade war’, if Indian Govt. continues its ‘protectionism’ policy towards local mobile manufacturers. This is second such anti-India article published on Global Times, on the issue of Make in India and India’s rising power in manufacturing. Last year in September, Global Times had ‘warned’ their own manufacturers against going to India for manufacturing phones and other appliances. Clearly, China is rattled by the popularity which India’s Make…

Read More

#Indian IT Workers In Trouble As Australia Abolishes 457 Work Visa; Australian Startups Worry About Skill-Shortage

After the US, it is the turn of Australia to adopt protectionism for their citizens. In a move to encourage local hiring, and to stop foreign workers from coming into their country, Australia has abolished 457 work visa. This is a significant development, as 457 work visa was one of the most popular visas used by Australian companies to bring foreign workers, from all fields. But, IT sector was the biggest beneficiary of this visa, and out of 95,757 temporary workers right now in Australia, the majority of them are Indians,…

Read More

#Automation Threat: Infosys ‘Released’ 9000 Employees in 2016; Lower End Jobs Vanish

In another yet confession by a IT biggie, it has been revealed that automation is sucking away jobs at a rapid pace, and job insecurity is looming ahead for thousands of workers. During Bengaluru chapter of Global Shapers, a body backed by the World Economic Forum, Infosys’s HR Head Krishnamurthy Shankar admitted that over 9000 employees were ‘released’ by them in 2016. He has cleared that these employees were not fired, but moved and transferred to other departments, as lower-end jobs are vanishing and there exists no more jobs for…

Read More

#IRCTC Offers Rail Platforms For Installing 2000 ATMs; Platforms Would Be Now Used For Destination Weddings!

You would be surprised to know that Indian Railways earn less than 5% of their revenues via non-fare sources. In order to increase this share, and to introduce innovative approaches for generating revenue, IRCTC is all set to unleash few major plans in the coming days. Last year in October, we had reported that IRCTC will monetize 100 terabytes of passenger data. After Railway Minister asked Zonal heads of all 16 Railway Zones to come up with ideas pertaining to increase non-fare revenues to Rs 2000 crore within a year, there…

Read More

#Paytm Records 1 Billion Transactions & 147 Million Wallet Users in 2016; Records 80 Million Active Users in December 2016

Paytm has had an amazing 2016, especially owing to demonetization and the Government promoting a cashless and digital economy. The company announced a lot of new initiatives like booking IRCTC tickets, movie tickets and offline transactions. Paytm is soon going to merge its wallet business with its payments bank which is going to be the biggest news for the company in 2017. This means all its payments operations in one place, and hopefully a larger customer base. Paytm set a new record for a digital wallet company in India – 5 million transactions processed in one day,…

Read More

#BSNL Offers Unlimited Voice Calls With Bundled Internet For Rs 144 For Post-Paid & Pre-Paid Users!

New Year has started with a bang for telecom industry as BSNL has triggered the first price war for the year, and it has done it in style. For Rs 144, BSNL users of both prepaid and postpaid connection can now get unlimited voice calling to any network in India, along with bundled Internet package of 300 MB, for a period of one month. This special offer of Rs 144 shall be valid for the next 6 months. These new unlimited voice calling plan was unveiled by BSNL chairman and managing director…

Read More

#Petroleum Safety Body Asks Not To Use E-wallets, PoS At Petrol Pumps; 10 Delhi Metro Stations Goes Cashless

In the excitement and urgency to go cashless, are we missing something? For instance, safety standards and guidelines, especially when it comes to petrol pumps? It seems we have, as a unique mis-match of safety precautions and cashless economy has come into picture – a scenario which no one thought about before. Petroleum and Explosives Safety Organisation (PESO) has asked the Ministry of Petroleum and Natural Gases to issue guidelines which prohibit usage of e-wallets and PoS terminals at petrol pumps. In a communication dated December 19th, Chief Controller of Explosives at PESO has strongly recommended…

Read More

#This Is How Small Traders Can Save Upto 46% Tax With Digital Transactions!

For small traders and businesses looking for ways to save taxes, this is the golden time indeed. India’s Finance Minister, Arun Jaitley has explained two ways using which small traders can save upto 46% tax. Traditionally, these advices and tricks are usually shared by CA or Accountants, but here, our Finance Minister himself is sharing them. However, the only catch is that, these tax savings can be accomplished by going cashless, thereby entering the banking system. Again, by doing so, the small business man will be able to maintain this…

Read More