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News on Medial
PM to distribute more than 51,000 appointment letters under Rozgar Mela
IndianStartupNews
·
1y ago
Medial
Prime Minister Narendra Modi will distribute over 51,000 appointment letters to new recruits via video conferencing on August 28. The Rozgar Mela will take place across 45 locations in India and is conducted by the Ministry of Home Affairs to hire personnel for various central armed police forces (CAPFs) including CRPF, BSF, SSB, Assam Rifles, CISF, ITBP, and NCB, as well as Delhi Police. The new recruits will serve in roles such as Constable (General Duty) and Sub-Inspector (General Duty), strengthening CAPFs and Delhi Police for roles like internal security, counter-terrorism, insurgency combat, and border protection.
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Labour Ministry directs Karnataka to investigate delay in fresher onboarding at Infosys
Economic Times
·
11m ago
Medial
The Ministry of Labour and Employment has directed the Karnataka State Labour Commissioner's Office to take action after receiving a complaint from IT union NITES regarding delayed onboarding by Infosys. The union had filed a complaint against Infosys for the delayed onboarding and "unprofessional treatment" of over 2,000 engineering graduates. Infosys has started sending joining dates to impacted graduates and has already sent out more than 1,000 appointment letters this week. The company is expecting to send appointment letters to everyone waiting to onboard by December, as it is experiencing a better demand environment.
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Number of startups increased 300 times in 9 years under PM Modi: Union minister
Deccan Herald
·
2y ago
Medial
The number of startups grew 300 times in the last nine years under Prime Minister Narendra Modi-led government in the country, Union Minister Jitendra Singh said on Saturday. The Minister of State in the Prime Minister's Office (PMO) was speaking at a two-day 'Young Start-up Conclave' which commenced in Udhampur, the home constituency of Singh. "The startups in India grew 300 times in the last 9 years as from just around 350 startups before 2014, there has been a quantum jump in startups to more than 90,000 with more than 100 unicorns," Singh said.
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Bizongo Joins Hands With NALCO To Boost Digital Distribution Of Aluminium Products
Inc42
·
9m ago
Medial
Bizongo has partnered with NALCO to distribute its non-ferrous products through its B2B marketplace, BizongoBuy. The platform has seen impressive monthly distribution numbers in the first quarter of its annual bid process. Additionally, Bizongo will also provide financing options through BizongoFin. This collaboration follows Bizongo's recent restructuring of its business into two verticals and the appointment of new leadership.
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Veefin Capital Ropes In Former Kotak Bank Executive Shantanu Bairagi As CEO
Inc42
·
11m ago
Medial
Veefin Capital has chosen Shantanu Bairagi as its new CEO in an effort to boost growth in the fintech industry. With a wealth of experience in banking spanning more than two decades, Bairagi plans to utilize Veefin's technology to develop cutting-edge financial solutions for MSMEs, banks, and other financial organizations. This appointment comes on the heels of Veefin Group's acquisition of Nityo Tech Private Limited.
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Indkal Technologies inks licensing pact with Acer to design, produce smartphones
Economic Times
·
1y ago
Medial
Indian consumer electronics startup Indkal Technologies has signed a trademark licensing agreement with Taiwanese hardware company Acer. Under the agreement, Indkal will design, manufacture, and distribute smartphones under the Acer brand in India starting in mid-2024. Initially, the company aims to produce one million smartphones per year and plans to apply for benefits under the production-linked incentive (PLI) scheme. Indkal recently raised $36 million in funding and is also profitable. The company's CEO, Anand Dubey, expressed openness to expanding into other product categories in the future.
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HDFC Bank CEO Jagdishan’s appointment letter to Lilavati Trust requires forensic check, says Lilavati Trust
Economic Times
·
23d ago
Medial
Lilavati Trust is supporting a demand for a forensic check on an appointment letter allegedly involving HDFC Bank CEO Sashidhar Jagdishan as a financial advisor. Former trustee Chetan Mehta and current trustees accuse each other in a dispute involving alleged financial misconduct and secret appointments. Both sides call for a comprehensive forensic investigation into financial transactions and communications. Trusts are urged to verify the authenticity of Jagdishan’s appointment under Mehta's tenure.
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Nikhil Kamath podcast: PM Modi calls Indian entrepreneurs abroad 'national ambassadors'
Economic Times
·
7m ago
Medial
Prime Minister Narendra Modi participated in a podcast with Nikhil Kamath, cofounder of Zerodha, discussing entrepreneurship and the role of global Indian talent. Modi called Indian entrepreneurs abroad "national ambassadors," emphasizing their role in boosting India's global standing. He highlighted the low crime rates, education, and law-abiding nature of Indian-origin individuals worldwide. Kamath noted that Indian youth are now more focused on creating businesses locally rather than seeking opportunities abroad.
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IIM Lucknow graduate Shailesh Jejurikar becomes CEO of P&G after working for 36 years
IndianStartupNews
·
10d ago
Medial
Shailesh Jejurikar, a graduate of IIM Lucknow, will become CEO of Procter & Gamble (P&G) effective January 1, 2026. Currently serving as COO, Jejurikar joined P&G in 1989 and will be the first Indian-born CEO in the company’s history. He will succeed Jon R. Moeller, who will become Executive Chairman. Jejurikar's appointment reflects the increasing prominence of Indian executives globally, with more than 350 Indian expats in global roles at P&G.
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Malabar Group Commits INR 150 Cr to Hunger & CSR Push in 2025
StartupTalky
·
2m ago
Medial
Malabar Group has committed INR 150 crore to its Corporate Social Responsibility (CSR) initiatives for 2025-26, emphasizing hunger alleviation under its "Hunger Free World" initiative. The group plans to distribute 2.5 crore meals across India and Zambia, aiming to provide 70,000 meals daily. This effort aligns with the United Nations' Sustainable Development Goal 2 - Zero Hunger. Additionally, Malabar Group will support education, healthcare, and housing projects to enhance social impact.
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Infosys tweaks hiring process, not to send job offer letters via email; here’s the reason | Mint
Livemint
·
10m ago
Medial
- Infosys has implemented a new recruitment process that requires new hires to access job details through the company's internal system rather than receiving email offers. - The purpose of this new process is to prevent fraudulent recruitment practices and improve the recruitment experience for job seekers. - Instead of receiving job offers and attachments via email, new recruits will have to log into Infosys' internal system to access their job application details. - The company's career website now displays a notice informing candidates that offer letters and associated documents are only available on the career site, and they no longer send emails with attached offer letters. - Infosys has expanded its partnership with Microsoft to drive global customer adoption of generative AI and Microsoft's cloud platform Azure, with the goal of delivering innovative solutions and enabling unprecedented innovation for customers.
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