HR Headlines courtesy: naukri.com newsletter


HR HEADLINES
click here
Amazon India looking to hire over 2,000 people for tech and non-tech roles
Amazon is looking to hire over 2,000 people for technology and non-technology positions in India. The new hires will take up tech and non-tech roles across the ecommerce company’s various divisions in the country including Amazon.com, Amazon Web Services, Amazon.in and its Devices division. While Bengaluru accounts for the majority of the open job positions with 587 vacancies, Hyderabad follows with 374 open positions. These positions include Software Development Engineer, Program Manager -Business Quality, Vendor Operations Associate, Manager – Risk Investigations, Quality Assurance Technician – Amazon Appstore, among many others. Ms. Deepti Varma, HR Director, Amazon India said, “We have over 2,000 open job positions of which, 50 per cent are for tech and 50 per cent are for non-tech roles and this number is growing as we speak.” While earlier in the year, Amazon laid off several hundred people at its Seattle headquarters and hundreds more at other global locations, however, it continues on a hiring spree in India. The company has a global workforce base of over 6,00,000 employees of which, India accounts for over 50,000 employees, making the country the second largest workforce centre for Amazon after the US.
Source : 30-11-18   Peoplematters.in   Compiled by www.naukri.com
Samsung to hire 300 engineers from IITs
Samsung India is planning to hire over 300 engineers from the Indian Institutes of Technology (IIT) this placement season to strengthen its Research and Development (R&D) operations in the country. Company officials from three R&D centres located in Bengaluru, Delhi and Noida, will visit the IITs at Delhi, Kanpur, Mumbai, Chennai, Kharagpur, Guwahati, Varanasi and Roorkee starting December 1. The R&D centres will also hire engineers from the newer IITs at Hyderabad, Dhanbad, Ropar, Indore, Gandhinagar, Patna, Bhubaneswar, Mandi and Jodhpur. “Our R&D centres are focusing on cutting edge technologies, developing innovations for the Indian market as well as for the globe. We will continue to add engineers for research and development in these areas and further our commitment to making a strong research base in India,” said Mr. Sameer Wadhawan, Head, Human Resources, Samsung India. Samsung has offered over 200 Pre-Placement Offers (PPOs) to students at the IITs this year. “There’s a tactical shift that we have made to spot talent early and offer PPOs. This year, we had a slightly longer internship period so that students can spend more time in the company, giving them opportunity to interact with the leaders and managers.
Source : 30-11-18   Financialexpress.com   Compiled by www.naukri.com
Airbnb poaches Amazon executive Mr. Dave Stephenson as its new CFO
Airbnb has a new chief financial officer. Mr. Dave Stephenson, whose spent the last 17 years at Amazon, joins the startup more than nine months after Mr. Laurence Tosi left the position vacant. Mr. Stephenson was poached from his role as vice president and CFO of Amazon’s worldwide consumer organization, where he managed all of Amazon’s global online sales, from Amazon Prime to Whole Foods. Airbnb, which was last valued at $31 billion in a funding round led by Alphabet’s CapitalG in September 2017, is preparing for an initial public offering. CEO Mr. Brian Chesky previously said that the company will be ready to go public by June 30, 2019. Mr. Stephenson’s “extensive experience building and scaling rapidly growing businesses” will be especially valuable to Airbnb, said Ms. Ann Mather, the newly-appointed audit chair on Airbnb’s Board of Directors, in a statement.
Source : 26-11-18   Businessinsider.in   Compiled by www.naukri.com
Unilever Chief Mr. Paul Polman steps down after HQ move fiasco
Unilever chief Paul Polman is “retiring” from the consumer giant, the firm said, a month after it was forced to ditch a controversial post-Brexit plan to move its headquarters from London to the Netherlands. The Anglo-Dutch group, maker of iconic brands like Marmite and Dove soap, will be headed from January by Mr. Alan Jope, the current chief of its huge beauty and personal care department. “Unilever announced that CEO Mr. Paul Polman has decided to retire from the company,” the company said in a statement, adding that he had been in the post for 10 years. Mr. Polman, 62, tweeted that he had decided to “step down from my role as CEO”, adding: “It’s been a great honour to lead this team for the past 10 years and together build a sustainable business that has made a difference to millions of lives.”
Source : 29-11-18   Livemint.com   Compiled by www.naukri.com
IIT-M set for a strong placement season
IIT-Madras (IIT-M) is set for another strong placement season as 326 companies have registered for the first phase starting on December 1. Google and McKinsey are returning to the campus for recruitment this year. This compares with about 270 companies in the whole of last year (2017-18), a press release said. Some of the prominent first-time companies this year include Bain & Company, Nomura, Ather Energy, and Jaguar Land Rover. Traditional recruiters such as Microsoft, Goldman Sachs, BCG, Intel, Citibank, Qualcomm, Bajaj, and General Electric will visit the institute as well. As many as 23 companies have advertised international profiles, most of which are for positions in Asia (in Japan, Singapore, and Taiwan), with some in the US. The first phase will be held between December 1 and 8 with a break of one day (December 5).
Source : 26-11-18   Thehindubusinessline.com   Compiled by www.naukri.com
WhatsApp Chief Business Officer Mr. Neeraj Arora Quits
Mr. Neeraj Arora is the latest executive to depart from Facebook, more specifically WhatsApp, during a year that has been tumultuous for the social networking giant. Mr. Arora announced his resignation from the post of Chief Business Officer at WhatsApp after seven years with the global messaging company. An Indian School of Business (ISB) alumnus, he had joined WhatsApp back in November 2011, and moved to Facebook in 2014 after the latter bought out WhatsApp in one of the biggest tech deals. In a post on Facebook, Mr. Neeraj Arora announced his resignation from WhatsApp via a brief message. He thanked his colleagues, especially founders Mr. Jan Koum and Mr. Brian Acton, and admired the “maniacal focus” with which the company created something used by billions of people. He stated that he would be taking some personal time off from work to spend with his family.
Source : 27-11-18   Ndtv.com   Compiled by www.naukri.com
Jet Airways fires 16 more employees
Crisis-hit Jet Airways continues to use layoffs in small chunks as one of the means to reduce cost with the carrier handing over pink slips to around 16 more employees, a source said. These employees were working as ground staff in Jet Airway’s Kochi and Hyderabad offices. Late last month, the airline had laid off 20 employees, including some senior-level executives from the in-flight services department. Prior to that, it reportedly had asked 15 managerial level employees from various departments including engineering, security and sales, to leave the company. The Naresh Goyal-promoted full-service carrier, which has a fleet of 124 planes, has around 16,000 workforce. “The airline continues to lay off people from various departments in small groups. It has already shut its city office in Hyderabad, which had 4-5 employees. Last week, the airline asked some of its employees working in Kochi office to quit. Together, it has retrenched another 16 people from these two offices,” said the source.
Source : 26-11-18   Moneycontrol.com   Compiled by www.naukri.com
Infosys doubles salary of upskilled employees
One of India’s top IT services company, Infosys is doubling the salary of their employees who have completed the new bridge programmes. This comes from the organization’s move to curb the attrition rate in the company. According to reports, the bridge programmes enable employees to develop new skills without leaving the job. According to Infosys, the employees who opt for these upskilling programmes have seen their salary rise by 80-120 per cent, adding, about 400 people have been trained under these programmes so far. Mr. Krish Shankar, Group Head, Human Resources, Infosys, said, “We are focused on creating a flexible internal market place for our talent to grow, instead of them leaving to join, say, an MBA course. These programmes provide people with alternative career growth opportunities.” With such schemes, the IT giant is expecting the employees to stay in the company for a longer period because good hikes have always worked in favour of employees and the company.
Source : 28-11-18   Peoplematters.in   Compiled by www.naukri.com
Ernst & Young to hire 2,000 digital technology experts
EY will be hiring 2,000 employees in the country in the next three years to expand its digital solution services to clients, focusing on domains such as analytics, new technologies, intelligent automation, artificial intelligence, blockchain and tax technology. The headcount is also being beefed up for big automation projects for the government and the private sector. In particular, EY has been bullish on analytics as a business for a while now – the company is reportedly hiring about 600 people every six months in this domain across all businesses. For the government business, EY claimed to have added close to 700 people in the last 18 months. “The government is heavily investing in digital from a citizen services perspective. Many of the traditional customer-oriented industries are trying to find models which allow access to customers to tier-two, tier-three towns from a digital perspective,” Mr. Ram Sarvepalli, leader, advisory services India and partner, emerging markets centre at EY, said.
Source : 23-11-18   Businesstoday.in   Compiled by www.naukri.com
New H-1B visa rules should worry Indians looking for jobs in the US
The Trump administration, already well-known for its hard-line anti-immigration stance, has just tweaked rules for the H-1B visas – a worrying development for Indians, who typically garner more than 60% of these visas. The H-1B visa is a popular non-immigrant work visa that allows US companies to employ foreign workers in specialty occupations, and American tech companies have long depended on it to hire highly-skilled employees from countries like India and China. The H-1B visa filing season for the 2020 fiscal, which kicks off on April 1, 2019, will require employers seeking to petition for H-1B workers to pre-register electronically for the annual H-1B lottery. Only the winners would have to subsequently file ‘full-fledged applications’, which are referred to as petitions. The move has already been approved by the US Office of Management and Budget (OMB) unit of the US president’s executive office. This change is expected to result in significant savings of administrative costs as well as time and paperwork for the sponsoring companies – i.e. those hiring foreign employees. Currently, all petitions have to be filed upfront in April, along with all supporting evidence, just for entry into the lottery. In other words, the new rule will spare companies the effort of preparing a complete petition for applicants that don’t get lucky in the visa lottery. It will also allow the US immigration agency, US Citizenship and Immigration Services (USCIS), to manage the intake and selection process for H-1B applications more efficiently.
Source : 26-11-18   Businesstoday.in   Compiled by www.naukri.com
General Motors to slash jobs and production as US sedan sales sink
General Motors Co said it will cut production of slow-selling models and slash its North American workforce in the face of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. GM’s actions add up to the biggest restructuring for the US No. 1 carmaker since its bankruptcy a decade ago, and mark a turning point for the North American auto industry. US automakers have enjoyed nearly a decade of prosperity since the 2008-2009 financial crisis and the government bailouts of GM and the former Chrysler Corp. Now, GM and its rivals are facing rising bills for technological transformation, increased risks from trade policy and investors reluctant to fund their traditional product strategies. US President Mr. Donald Trump highlighted the political risks facing GM by demanding the automaker find a new vehicle to build in Ohio and adding that he had told GM Chief Executive Ms. Mary Barra he was unhappy with her decision to cut production at an Ohio factory. Ohio will be a key state in the 2020 presidential campaign.
Source : 27-11-18   Moneycontrol.com   Compiled by www.naukri.com
Fireside Ventures appoints Myntra CFO as New Partner
Fireside Ventures, a venture capital firm with their primary focus on initial stage investments has hired Mr. Dipanjan Basu, the former CFO of Myntra as a partner and CFO. Mr. Basu’s departure, though he is still in the middle of his notice period with Myntra and Jabong, comes in close pursuit of Mr. Binny Bansal’s parting with Walmart-acquired online retail giant, Flipkart. In a statement by Fireside Ventures it was reported that Mr. Basu is due to join by the end of January. While he would be looking at the initiation and management of fresh investments, his span of control and functions would also extend to implementing financial, regulatory and investor management processes. Prior to commencing his role with Myntra and Jabong in 2016, Mr. Basu was with Wipro’s digital and consulting business and as the CFO and COO (Chief Operating Officer) there, his responsibilities included building and setting up new businesses, M&A and investments in startups. A chartered accountant by qualification, Mr. Basu has also served as the CFO at Quatrro Risk Management Services. Fireside seems to be on a steady course to strengthen its top leadership and in September, took on board IndiGo’s former president, Mr. Aditya Ghosh as an advisory board member.
Source : 28-11-18   Peoplematters.in   Compiled by www.naukri.com
Yatra appoints Ms. Neelam Dhawan as independent Director on its board
India’s leading online travel company has appointed Ms. Neelam Dhawan, as an independent director to its board of directors effective January 1, 2019. Mr. Dhruv Shringi, CEO and Co-Founder, Yatra.com stated, “We are very pleased to have Neelam join our board and look forward to her contributions. With thirty-five-plus years of experience, she is an accomplished leader in the tech industry and brings with her a unique blend of experience of scaling up enterprise technology businesses in emerging markets, experience which is a perfect match for Yatra as we look at scaling up our corporate travel business and expanding it beyond India. “On her appointment, she stated, “I am excited to participate in shaping the future of Yatra as we move to be closer to our customers and focus on delivering delightful experiences for them with our services.” Ms. Dhawan, an MBA from the Faculty of Management Studies (FMS), Delhi has been hailed as one of the Most Powerful Women in Business and has played an integral role in shaping the IT Industry in India.
Source : 30-11-18   Peoplematters.in   Compiled by www.naukri.com
Matrimony.com gets new Chief Financial Officer
Marriage service provider Matrimony.com said it has appointed Mr. Sushanth Pai as its Chief Financial Officer with effect from December 15. Earlier, Mr. Pai had served IT company Mindtree Ltd as its associate vice-president (finance). “We are happy to welcome Mr. Sushanth Pai to the leadership team. We are sure his financial acumen and experience will help Matrimony.com achieve its goals,” a press release quoted Chief Executive Officer of the company Mr. Murugavel Janakiraman as saying. “I am excited to be part of leadership team and growth plan of Matrimony.com which has created a strong value proposition over the years and this leads to an interesting journey ahead, the release quoted Mr. Pai as saying.
Source : 27-11-18   Business-standard.com   Compiled by www.naukri.com
OPPO India MD Mr. Yi Wang steps down
Chinese handset maker OPPO has said its India Managing Director Mr. Yi Wang will step down effective November 30. “During a meeting between the Board of Directors of OPPO Mobiles India Pvt Ltd on November 28, 2018, it has been mutually decided that Mr. Yi Wang, Managing Director of the company will step down from his position, effective November 30,” an Oppo spokesperson said. The company, however, did not give any reason for the decision. It is yet to name Mr. Wang’s successor. ” Mr. Wang has been an important part of OPPO’s journey in India and has played a crucial role in the company’s success in the country since it entered the Indian market. We thank him for his valued contribution and wish him the very best for his future endeavours,” the spokesperson said. India is a key market for smartphone players as it continues to grow at a strong pace. According to research firm IDC, smartphone shipments in India touched an all-time high of 42.6 million units in July-September 2018, registering a year-on-year growth of 9.1 per cent.
Source : 30-11-18   Businesstoday.in   Compiled by www.naukri.com

Did you know…


Did you know…

… that today is the birthday of the Mason Jar? In 1858, 26-year-old tinsmith John Landis Mason patented the Mason jar. Its screw top and lids made it easier to preserve food at home. And if you check out Pinterest, you’ll see they have a million other uses as well! 😉

~~~

Today’s Inspirational Quote:

“Do you know the difference between education and experience? Education is when you read the fine print; experience is what you get when you don’t.”

— Pete Seeger

Riddles


I’m at the beginning of time and part of past, present and future. I’m part of history, but not of here and now. In a moment you’ll find me, if you know what I am. What am I?

 

 

 
The answer is: The letter T.

What is is that you will break even when you name it?

 

 

 
The answer is: Silence.

RAK Movement – Random Acts of Kindness


  1. Go out of your way to thank someone today!
  2. Make an effort to get to know someone you don’t usually talk to
  3. Old laptop or mobile lying around? Donate it
  4. Surprise your parents with flowers
  5. Send a thank you card to someone who has made a difference in your life (a friend, family member, teacher etc.)
  6. It can get lonely when you are old, pay your grandparents a visit
  7. Leave a kind message anywhere (in a library book, on a computer etc.)
  8. Have lunch with a homeless person
  9. Help someone carry their pushchair up/down the stairs
  10. Know someone who’s feeling under the weather? Pay them a visit!

A DECORATED Soldier and A Great Friend – Interview with Col . Jiten Vadhera


The friendship developed over LInkedin platform when I invited this wonderful Gentleman Soldier for networking..  He responded positively and we continued our interactions online Whatsapp and via phone calls.

Col. Jiten Vadhera is an humble, unassuming person with no airs about his past wonderful performance and honours earned in the Indian Army service.  He has adjusted very well to Civilian life and with his wonderful performance in the MBA from a Singapore University – he has displayed his prowess as a Growth Hacker/ Business Scaler and Developer not just in India but beyond our borders for the company he works.

Photo

This is how Col Vadhera describes himself as:

“Having trained for 3 years at the National Defence Academy, Khadakvasla and one year at IMA Dehradun, I was commissioned in Jun 88 in one of the most prestigious regiments of the Indian Army, The Rajputana Rifles, at Srinagar. Starting from J&K, I served countering insurgencies in Punjab, Manipur and Kokrajhar, and finally commanded a Rashtriya Rifles battalion in one of the most sensitive areas of J&K. With the experience of previous insurgencies coming in handy, the battalion performed extremely well under my command, bringing peace in the area, earning unit citation plus gallantry awards and enabling successful conduct of Republic Day Parade after a gap of 20 years.

On completion of 25 successful years in the Army, I hung my boots and underwent one year MBA from the highly ranked Nanyang Business School, Singapore, to prepare myself for the shift to the Corporate. As part of the curriculum, we were privileged to study at MIT, Wharton and UC Berkeley.

In Oct 2014, I joined as Head Project Management at Lucknow, in a Solar Power Company, headquartered at Gurgaon. In a short span of 2 years, my team took the startup company to 100 plus solar plants and 150 km plus minigrids, supplying to the un-electrified or poorly electrified areas in the 8 districts around Lucknow. In May 2017, I moved to Gurgaon to assist in business development in Africa and South East Asia. I am currently actively pursuing business development in Myanmar, Tanzania and Malawi, for my Company.”

It was not difficult to interview him.  He is experienced.  He was late in response as he travels a lot these days.

Read his interesting interview with Jay Parkhe below:

photo (2)

  1. What motivated you to become what you ARE today?

What motivated me was to leave a mark behind and to utilize each of my living moment to put in my best possible in whatever I do, be it career, personal relationships and gaining and enjoying varied experiences.

  1. What is the greatest joy you get from what you do?

I have seen the lives of people in rural areas transform, once they start getting 24×7 reliable electric supply. This transformation is in terms to better standards of living, economic development of the area served, better education and health facilities, longer hours for children to study, start of vocational training centres and running of small scale businesses, all through green energy.

  1. What do your fans mean to you?

My fans mean a lot to me in terms of keeping me motivated to keep performing to the best of my ability so as to become a role model for them to emulate.

  1. What are you working on next?

I am working on preparation for the Project Management Professional exam, to get me the requisite formal certification for higher roles.

  1. Who are your favourite authors?

My favourite authors are Dr APJ Abdul Kalam, Barak Obama and Khushwant Singh.

  1. What inspires you to get out of bed each day?

The desire to be a physically fit, mentally strong and contribute to the society.

  1. When you’re not working, how do you spend your time?

When not working, I spend most of my time browsing through newspapers, listening to news and reading books/ interesting articles on my mobile.

  1. Do you have some work and rest related non-negotiable rules?

Yes, I believe that one should give the body adequate rest as a preparation for putting in your best during work and one should work hard, play hard and enjoy hard.

  1. How do you discover the authors you read?

Generally my favourite authors are famous personalities, who did achieve something in their life. Once any book by these personalities is released, information regarding the same is available through media/ social media.

  1. Do you remember the first assignment you ever did?

I was made responsible for training my Battalion’s professional and sports teams for the various competitions, and I was able to achieve good positions in all the competitions.

  1. What is your working process?

I believe in thinking big and planning long term, rather than short term, and concentrate on streamlining the procedures and processes.

  1. What is your unique Work Style?

I believe in motivating my team members to such a level wherein they feel from their heart that they want to do something extraordinary and meet my expectations.

  1. Do you remember the first story you ever read, and the impact it had on you?

The first story was read out from ‘Shrimad Bhagwat Gita’ by my grandmother to me and it taught me that one should carry on doing his work to the best of his ability without bothering much about the fruits.

  1. What is your approach and how do you Plan the Finishing touches to the work?

My approach to work is to spend considerable time in planning, and then pushing oneself out of the comfort zone during the execution phase to ensure quality and timely execution and bring it to suitable closure without leaving any loose or unfinished ends.

  1. What are your five favourite books, and why?
  2. ‘The Audacity of Hope’ by Barak Obama- the book contains thoughts by the author on reclaiming the American Dream, and the title is derived from a painting ‘Hope’ by GF Watts, in which the subject of painting has only one string left in her harp but she has the audacity to make the music and praise God. The message in the book is that one should never loose hope even during the bleakest of circumstances and put in your best efforts to achieve success in life.
  3. ‘Wings of Fire’ by Dr APJ Abdul Kalam- the book is an autobiography of the author covering his early life and his work in Indian space research and missile programs- the story of a boy from a humble background who went on to become a key player in Indian Space Research Organization and later became the President of India. It shows that if you have a dream and the tenacity to work towards that dream, you can turn it into a reality.
  4. ‘Fountainhead’ by Ayn Rand – the book’s protagonist, Howard Roark, is an individualist young architect who designs modern buildings and refuses to compromise with an architectural establishment unwilling to accept innovation. It teaches that if your work is genuine, at some point or the other it will get noticed and recognized.
  5. ‘Moving Mountains’ by Lt Gen William G Pugnis- the book contains lessons in Leadership and Logistics from the Gulf war and beautifully demonstrates how the same can be applied to the corporate world.
  6. ‘Alchemist’ by Paulo Coelho- the book’s main theme is about finding ones destiny. “When you really want something to happen and work towards it, the whole universe conspires to make your wish come true” is the core of the book’s philosophy that plays throughout it.
  7. What do you read for pleasure?

For pleasure I read the blog posts and various articles which appear on the social media.

  1. What is your e-reading device of choice?

My e-reading device of choice is my laptop.

  1. Please describe your desk.

My desk is totally clutter free, with hardly any paper (since all my mails and work related data is in my laptop) or anything else. It also has a huge glass panel which allows the natural light to come in.

  1. Where did you grow up, and did this influence your business, If Yes – How?

I grew up in Delhi due to which I could go to a good school and was afforded all the opportunities which may not have been available elsewhere. Most of my classmates and acquaintances also belong to Delhi and hence I also took up the job in a Company which was headquartered in Gurgaon.

  1. When did you first start what you do?

I first started my present assignment as Head Project Management in a Solar Power Company in Oct 2014, on completion of my MBA from NTU, Singapore. Before that I served the Indian Army for 25 years.

 

What is your Motto?


One house, one family.
Endure and overcome.
Wealth of the land.
Light in the darkness.
Fire of our hearts.
As one, we raise ourselves higher.
Work, love, play.
Conquered by none.
All is good to those of pure hearts.
The first, the last, the eternal.

Startpreneurs fav youstory


daily Capsule | 30th Novembe
How many times have you done something that is probably not good for you? More importantly, how many times have you done something bad that has come back to bite your backside well and proper?


If you haven’t, you might not be able to really sympathise with Liu Lirong. For those who don’t know Liu, he is the chairman of Gionee – the Chinese smartphone company that is now on the verge of bankruptcy. Why, you ask? Well, this is where things get murky. A Chinese website claimed that Liu lost $1.4 billion in gambling at a casino in Spain. You’d think, “Um, that doesn’t sound right.” 


It isn’t. But, he did gamble and he did lose – only $144 million, and suggested that he ‘may’ have been ‘borrowing’ from ‘company funds’. What were you thinking, Liu? Everyone has the right to let their hair down occasionally, but this may have gotten a tad out of hand.


Well, we’re no one to judge! Let’s hope the company is able to settle its debts though, and that Liu has learnt his lesson.


But, hey, it’s Friday! We should all let our hair down – without trying to gamble away our life savings, or our company. 


Cheers,

Team YourStory


Stories you shouldn’t miss


Unless you are living under a rock, you know that blockchain is the next big thing. Having already fueled conversations in the cryptocurrency sector, this technology is about to enter the retail market in the form of blockchain-powered phones. And PundiX, the global developer of blockchain-powered devices, will be leading this with their newly-announced device, the XPhone.


AWS launched an RC truck that uses reinforced learning and is actually fully autonomous. Called the DeepRacer, the RC truck was announced by AWS CEO Andy Jassy at the company’s annual ‘re:Invent’ cloud conference in Las Vegas. The AWS Deep Racer is a 1/18th scale model that will allow customers to train it using AWS’ reinforcement-learning models.


Workplace discussion platform Hush raises Rs 4.5 Cr from Accel and Shamik Sharma, former CTO of Myntra and current Business Head at Curefit. The platform, run by a 16-member team, enables employees of a company to anonymously discuss work-related issues, either with employees of the same company or with employees from other companies.


“There is a lot of good happening thanks to AI,” says Andy Jassy, CEO of Amazon Web Services (AWS). In times, where there’s a growing clamour to audit AI, Andy not only propagates machine learning but also lists a number of situations that could benefit from AI – fighting human trafficking, improving educational services. These and many other reasons, as he explains, why AWS is relying on AI and blockchain in the future.


As the battle to be at the top of cloud business intensified, Amazon Web Services (AWS) CEO, Andy Jassy took another dig at Larry Ellison, executive chairman of Oracle. The event was re:Invent2018 and Andy was there to launch 22 new enterprise services to help coders and IT managers build and manage apps. But in the middle of everything, the AWS chief seized the opportunity to hit back at Larry, saying people just “pop in” in the cloud business. 


Flipkart-owned payments company PhonePe has entered into an app-in-app partnership with Indian Railway Catering and Tourism Corporation (IRCTC). With this, the platform’s 100 million-plus users can now directly book their train tickets using the PhonePe app. The integration indeed marks a key achievement for PhonePe, which has gone live with other micro-apps like Ola, redBus, Mumbai Metro and Goibibo.


A new feature has been added to Paytm’s array of services and it allows merchants to choose their preferred time to settle the payment collected. With “Instant Bank Settlement” merchants can also do an instant settlement as and when they want, directly into their bank accounts. The function is available on the ‘Paytm for Business’ app.


Viacom18 initiative for the startup community, #VStEP 2.0, offers entrepreneurs an opportunity to work with Viacom18 to co-innovate and build a strategic engagement. The program offers access to Viacom18’s extensive network and expertise to help startups find the right product/market fit. Apply today.




In conjunction with the India-UK FutureTech Festival, the British Deputy High Commission will be at the Samsung Opera House, Brigade Road, Bengaluru on December 1, 2018 from 2 PM to 4 PM. Join them at the Science Café for a discussion on how industry and academia can collaborate to accelerate the development and commercialisation of technology