According to the study, in Indian unicorns, 96% of CFOs are men and only 4% of women account for this job role.
In the US, 83% CFOs of unicorns are men while only 17% are women.
Read here: https://www.livemint.com/companies/start-ups/gender-gap-in-indian-unicorns-96-of-cfos-are-men-4-women-11687150804787.html
In the US, 83% CFOs of unicorns are men while only 17% are women.
Read here: https://www.livemint.com/companies/start-ups/gender-gap-in-indian-unicorns-96-of-cfos-are-men-4-women-11687150804787.html
The settlement talks assume significance as they also include the dispute over a steep 25% tariff on Indian steel and 10% tariff on aluminium exports imposed by Trump in 2018, sparking trade tensions between the two countries.
https://www.livemint.com/economy/india-us-close-to-settling-seven-trade-issues-out-of-court-11687199026776.html
https://www.livemint.com/economy/india-us-close-to-settling-seven-trade-issues-out-of-court-11687199026776.html
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India, US close to settling seven trade issues out of court
This development coincides with Prime Minister Narendra Modi’s crucial three-day state visit to the US from 21 June, during which various strategic issues are expected to be discussed
Consumers are exercising caution before purchasing clothing and accessories, as higher prices of daily goods are constraining their discretionary spending, said industry insiders.
https://www.livemint.com/companies/news/inflation-hits-spending-power-fashion-outlets-11687195104688.html
https://www.livemint.com/companies/news/inflation-hits-spending-power-fashion-outlets-11687195104688.html
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Clothing, accessories sales see inflation hit
Companies initiate early end-of-season sales to clear mounting inventory
The resumption of overseas releases in non-diasporic markets is boosting the reach of Indian cinema.
Read here: https://www.livemint.com/industry/media/indian-mega-hit-movies-make-inroads-into-overseas-markets-11687194489544.html
Read here: https://www.livemint.com/industry/media/indian-mega-hit-movies-make-inroads-into-overseas-markets-11687194489544.html
#AlibabaGroup Holding Ltd. announces new Chairman and CEO, with Executive Vice Chairman Joseph Tsai as chairman and Eddie Wu as CEO, replacing Daniel Zhang.
Read here: https://livemint.com/companies/news/alibaba-group-announces-new-chairman-and-ceo-in-a-surprise-succession-plan-details-here-11687236495946.html
Read here: https://livemint.com/companies/news/alibaba-group-announces-new-chairman-and-ceo-in-a-surprise-succession-plan-details-here-11687236495946.html
#Opinion | "Many women prefer working from home, not because it is easy, but they need flexibility to manage home and office work," Vidya Mahambare writes.
Read here: https://www.livemint.com/opinion/columns/companies-must-strive-to-retain-productive-women-employees-11687196932069.html
Read here: https://www.livemint.com/opinion/columns/companies-must-strive-to-retain-productive-women-employees-11687196932069.html
"This donation is more than just a financial contribution; it is a tribute to the place that has given me so much and a commitment to the students who will shape our world tomorrow," #Infosys co-founder #NandanNilekani said.
Read here: https://www.livemint.com/news/india/nandan-nilekani-donates-inr-315-crores-to-iit-bombay-11687242542103.html
Read here: https://www.livemint.com/news/india/nandan-nilekani-donates-inr-315-crores-to-iit-bombay-11687242542103.html
#Google is in talks with Indian companies, including #LavaInternational, #DixonTechnologies and #Foxconn's #BharatFIH, as it explores using #India as a smartphone assembly hub.
Read here: https://www.livemint.com/news/india/google-seeks-suppliers-to-move-pixel-production-to-india-11687249544835.html
Read here: https://www.livemint.com/news/india/google-seeks-suppliers-to-move-pixel-production-to-india-11687249544835.html
The legislative assembly of Punjab passed the #Sikh Gurdwaras (Amendment) Bill, 2023 making the broadcast and telecast of '#Gurbani' from Sri Harmandir Sahib (Golden Temple) free for all.
'Gurbani' refers to compositions of Sikh Gurus and other writers of Guru Granth Sahib, usually enshrined as hymns within the holy scripture. #SikhGurdwaraAct
Read here: https://www.livemint.com/news/india/golden-temple-gurbani-bill-for-free-telecast-passed-in-punjab-assembly-11687249961221.html
'Gurbani' refers to compositions of Sikh Gurus and other writers of Guru Granth Sahib, usually enshrined as hymns within the holy scripture. #SikhGurdwaraAct
Read here: https://www.livemint.com/news/india/golden-temple-gurbani-bill-for-free-telecast-passed-in-punjab-assembly-11687249961221.html
#Turkey raised the minimum wage for a second time this year, aiming to shield low-income earners from persistently high inflation.
The monthly net minimum wage will rise by 34% to 11,402 liras ($483) this month, Labor Minister Vedat Isikhan said in televised comments from the parliament in Ankara.
Read here: https://www.livemint.com/news/turkey-raises-minimum-wage-by-34-to-11-402-lira-in-second-hike-in-a-year-11687254173993.html
The monthly net minimum wage will rise by 34% to 11,402 liras ($483) this month, Labor Minister Vedat Isikhan said in televised comments from the parliament in Ankara.
Read here: https://www.livemint.com/news/turkey-raises-minimum-wage-by-34-to-11-402-lira-in-second-hike-in-a-year-11687254173993.html
Union government appointed Swaminathan Janakiraman as a deputy governor of the Reserve Bank of India for three years from the date of joining.
Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June 22.
Read here: https://www.livemint.com/companies/people/govt-appoints-sbi-md-swaminathan-janakiraman-as-deputy-governor-of-the-reserve-bank-of-india-11687256737211.html
Janakiraman, currently the managing director of State Bank of India, will succeed Mahesh Kumar Jain, whose tenure ends on June 22.
Read here: https://www.livemint.com/companies/people/govt-appoints-sbi-md-swaminathan-janakiraman-as-deputy-governor-of-the-reserve-bank-of-india-11687256737211.html
#Byju's continues to #layoff employees as part of their cost cutting.
On Monday the edtech company was reported to have laid off around 1,000 employees in the past few days.
https://livemint.com/companies/news/byjus-laid-off-employee-shares-ordeal-on-linkedin-says-was-available-24-7-but-was-asked-to-resign-immediately-11687253256543.html
On Monday the edtech company was reported to have laid off around 1,000 employees in the past few days.
https://livemint.com/companies/news/byjus-laid-off-employee-shares-ordeal-on-linkedin-says-was-available-24-7-but-was-asked-to-resign-immediately-11687253256543.html
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Byju's Layoff: Employee shares ordeal on LinkedIn, says ‘was available 24*7 but...’
Byju's has reportedly laid off around 1,000 employees. Many affected employees have expressed their inconvenience on social media, with one former employee saying he was asked to resign immediately despite working 24/7 and being available for the company…
In a report by PwC, Indian companies are showing an upward trend toward adopting analytics and #AI with a current implementation rate of 54%.
https://www.livemint.com/technology/tech-news/manufacturing-sector-embraces-ai-54-of-firms-implement-artificial-intelligence-pwc-report-11687252449668.html
https://www.livemint.com/technology/tech-news/manufacturing-sector-embraces-ai-54-of-firms-implement-artificial-intelligence-pwc-report-11687252449668.html
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Manufacturing sector embraces AI; 54% of firms implement Artificial Intelligence: PwC report
India's manufacturing sector is embracing digital transformation with an adoption rate of 54% for analytics and AI. Despite challenges such as supply chain disruption and geopolitical uncertainties, government initiatives such as 'Make in India' have created…
Some of the tech industry’s most prominent investors are doubling down on one of #SiliconValley’s latest unicorns: a mining startup.
https://www.livemint.com/specials/silicon-valley-s-newest-unicorn-is-a-mining-company-11687254633696.html
https://www.livemint.com/specials/silicon-valley-s-newest-unicorn-is-a-mining-company-11687254633696.html
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Silicon Valley’s Newest Unicorn Is a Mining Company
Bill Gates and other tech-industry investors are backing AI-powered startup KoBold Metals
Edtech unicorn #Byju’s has laid off around 1,000 employees in the past few days amid a tussle with lenders and a challenging fundraising environment.
With the latest job cuts, the fourth in the last 12 months, 12,000-13,000 Byju’s staffers have lost jobs.
Read here: https://www.livemint.com/companies/start-ups/byjus-lays-off-1-000-staff-in-latest-round-of-job-cuts-11687199375899.html
With the latest job cuts, the fourth in the last 12 months, 12,000-13,000 Byju’s staffers have lost jobs.
Read here: https://www.livemint.com/companies/start-ups/byjus-lays-off-1-000-staff-in-latest-round-of-job-cuts-11687199375899.html
#PersonalFinance | The latest tranche of sovereign gold bonds (#SGB) opened for subscription on 19 June.
Investors can invest in SGBs through their demat accounts or via online banking.
https://www.livemint.com/money/personal-finance/sovereign-gold-bond-scheme-2023-24-sbi-lists-out-six-reasons-to-invest-in-these-gold-bonds-know-here-11687246252909.html
Investors can invest in SGBs through their demat accounts or via online banking.
https://www.livemint.com/money/personal-finance/sovereign-gold-bond-scheme-2023-24-sbi-lists-out-six-reasons-to-invest-in-these-gold-bonds-know-here-11687246252909.html
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Sovereign gold bond scheme 2023-24: SBI lists out six reasons to invest in these gold bonds. Know here
The latest tranche of SGBs opened for subscription on 19 June with an issue price of ₹5,926 per gram of gold. Investing in sovereign gold bonds offers assured returns of 2.5% p.a. payable half-yearly.
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While the Dalal Street's wait is excruciatingly getting extended for one or the other reason, the #NSE shares are witnessing significant activity in the unlisted market.
https://www.livemint.com/market/ipo/nse-ipo-creates-buzz-in-unlisted-market-shows-the-investor-interest-in-issue-11687254813352.html
https://www.livemint.com/market/ipo/nse-ipo-creates-buzz-in-unlisted-market-shows-the-investor-interest-in-issue-11687254813352.html
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NSE IPO creates buzz in unlisted market, shows the investor interest in issue
The demand for NSE shares in the unlisted market has shot up since March 2023 after the company announced a dividend of ₹80 and reported better-than-expected results.
#BREAKING | Tata Group owned #AirIndia signed the purchase agreements to buy 470 aircraft from Airbus and Boeing.
The agreement was signed on the second day of ongoing #ParisAirShow2023.
Read here: https://www.livemint.com/companies/news/after-indigo-air-india-buys-470-aircraft-from-airbus-boeing-at-paris-air-show-11687271883389.html
The agreement was signed on the second day of ongoing #ParisAirShow2023.
Read here: https://www.livemint.com/companies/news/after-indigo-air-india-buys-470-aircraft-from-airbus-boeing-at-paris-air-show-11687271883389.html
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#HunterBiden, the son of President #JoeBiden, is facing charges for allegedly failing to pay federal income tax.
He has also been charged for illegally possessing a weapon and has reached an agreement with the Justice Department.
Read here: https://www.livemint.com/news/joe-biden-son-hunter-agrees-to-plead-guilty-to-criminal-tax-violations-11687269374271.html
He has also been charged for illegally possessing a weapon and has reached an agreement with the Justice Department.
Read here: https://www.livemint.com/news/joe-biden-son-hunter-agrees-to-plead-guilty-to-criminal-tax-violations-11687269374271.html
The valuation of #AdaniGroup's eight companies more than halved in the six months to April 2023 against just a 6% decline in the top 500 non-government companies.
#AdaniTotalGas lost 73.8% of its value, #AdaniTransmission saw a decline of 69.2%, while #AdaniGreenEnergy was down by 54.7%, said a report by Axis Bank's Burgundy Private and Hurun India.
Read here: https://www.livemint.com/market/stock-market-news/adani-group-firms-valuation-halves-against-6-decline-for-top-500-companies-report-11687269439747.html
#AdaniTotalGas lost 73.8% of its value, #AdaniTransmission saw a decline of 69.2%, while #AdaniGreenEnergy was down by 54.7%, said a report by Axis Bank's Burgundy Private and Hurun India.
Read here: https://www.livemint.com/market/stock-market-news/adani-group-firms-valuation-halves-against-6-decline-for-top-500-companies-report-11687269439747.html
InterGlobe Aviation Ltd is getting ready to capture the growth opportunity.
Its plans to expand its fleet come at a time when there are concerns about the supply scenario in the Indian #aviation market.
https://www.livemint.com/market/mark-to-market/indigos-fleet-expansion-plans-boost-market-sentiment-amid-supply-concerns-global-engine-crisis-11687276959072.html
Its plans to expand its fleet come at a time when there are concerns about the supply scenario in the Indian #aviation market.
https://www.livemint.com/market/mark-to-market/indigos-fleet-expansion-plans-boost-market-sentiment-amid-supply-concerns-global-engine-crisis-11687276959072.html
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New plane order may strengthen IndiGo’s position in long run | Stock Market News
The airline has placed an order for 500 aircraft with Airbus, taking IndiGo’s order book close to 1,000 aircraft.