Binod Chaudhary, the Nepalese billionaire known for making his fortune selling instant noodles, is seeking to list his conglomerate Chaudhary Group’s India food unit by 2026.  CG India Gearing Up for IPO Amidst Food Industry Boom Known for its Wai Wai brand of noodles that rivals market leader Maggi from Nestle Ltd. and ITC Ltd.’s Yippee, this Gurgaon-based firm is planning to go for a sizeable listing over the course of next 2 years after rolling out new products and acquiring smaller firms in the noodle-related industry. With an annual revenue of 8 billion rupees ($96.2 million), the c ..read more

As per a recent report by United Nations Population Fund (UNFPA), the population of India has reached 1.44 billion. Out of these, 24% fall in the category of 0-14 years age group. A Glimpse into ‘Interwoven Lives, Threads of Hope’ Report Title as “Interwoven Lives, Threads of Hope: Ending Inequalities in Sexual and Reproductive Health and Rights” report also projected that the nation’s population will double in 77 years. With a population of 1.4417 billion, India overtook China, which is currently at 1.425 billion. Notably, India’s population was 1.21 billion in last census of 2011. Moving o ..read more

As compared to the general stellar placement seasons in India’s most prestigious engineering college, IITs, this season has seen a lacklustre response. Challenges in Campus Placements As per a report, there have been companies offering annual packages below ₹10 lakh this year as companies continue to scale back on hiring altogether. Companies that previously hired at least 5-6 people, are now only picking up 1 or 2 candidates. As per a source privy to the placement scenario, “The scenario now is that many students are taking up jobs offering the bare minimum threshold salary of ₹6 lakh a year ..read more

In a strange development, the South Korean multinational manufacturing conglomerate, Samsung Group has gone back to a six-day workweek for some of its employees in lieu of economic challenges. How Did This Happen? The decision by this suwon south korea headquartered company is going to majorly impact most of Samsung’s technology divisions. The announcement of this initiative implies a major shift in the company’s work policy as they are enforcing a rigorous six-day work schedule for its executives. After the much hyped 4 days work week in some of the companies, the departure from the trend of ..read more

As per this development, the employees at India’s biggest IT company, Tata Consultancy Services Ltd (TCS) not meeting their minimum attendance requirements will not be eligible to receive a performance bonus. TCS Guarantees No VPI For Poor Office Attendance During the early hours of 18 April, Tata Consultancy Services Ltd (TCS) sent an internal memo to its employees, noting that the employees with less than 60% attendance at office, or those who have attended office for less than three out of five days a week. The move aimed at cracking down on those who have been irregular or reluctant to w ..read more

With the greatest festival of democracy ongoing in India, it is important to note that the election card aka Voter ID card is the most important document required to vote for the Indian citizens. Online Voter ID Card Download Guide for Eligible Indian Citizens All those Indian citizens who are 18 years of age and above are Eligible individuals for this document. Registered voters can download it online and below are the step and step guide to get it: Click on this link: https://voters.eci.gov.in/ Go to the ‘e-EPIC Download’ option. After entering the username, password as well as captcha. On ..read more

With major tech companies across the globe resorting to literally “Saam, Daam, Danda, Bhed” to bring their employees back to office, there is one company which strikes a different chord. Company’s Stance on Remote Work and Office Redesign Globant, a multinational technology services company based in Luxembourg, has decided to adopt a flexible approach when it comes to its 30,000 employees spread across 33 countries to continue working remote option. The CEO, Martin Migoya emphasized on being flexible and said that “We have been very flexible; we will continue being very flexible”.  Addin ..read more

In order to improve the H-1B registration process and lessen the possibility of fraud, the U.S. Citizenship and Immigration Services (USCIS) seems to have taken several steps recently. Out of these, some measures were implemented earlier while several other key rules related to immigration and H-1B went live from April 1, 2024.  It is a significant change as this new visa fee schedule has the potential to influence the cost of numerous non-immigrant visa categories. These categories include the most popular among Indians such as H-1B, L-1, and EB-5 visas. What Is The Cost Of H-1B Registr ..read more

India, with its diverse population and burgeoning footwear market, has long struggled with standardized sizing systems for shoes. In a recent development, the South Indian Organised Retailers Association (ORA) spearheaded a pan-India survey to address this issue and pave the way for the introduction of a revolutionary footwear sizing system named ‘Bha’ (भ), aimed at enhancing user experience and streamlining manufacturing processes. Survey Findings and Insights: The extensive survey, conducted between December 2021 and March 2022, encompassed over 1,01,880 individuals across 79 locations, pro ..read more

For the first time in almost 23 years, Infosys saw a drop in full-year headcount. A difference of 25,994 has been recorded in the headcount during the fiscal year 2023–2024. With 317,240 employees for the entire fiscal year, fewer people worked than in the company in the prior fiscal year by 7.5%. Infosys Sees A Drop in Headcount in 2023-24 Infosys’s CFO, Jayesh Sanghrajka, emphasized the company’s improved utilisation rate, which went from 77% to 82%. Sanghrajka ascribed the decline in headcount to modifications in the growth environment as well as a decline in attrition.  As per Sanghr ..read more