Category: Articles
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ITC Infotech | Recent Updates
1. ITC Infotech Acquires Blazeclan Technologies (Business Today & Upstox) 19th April 2024 • What happened? ITC Infotech acquired a 100% stake in Blazeclan Technologies for ₹485 crore. Blazeclan is known for its expertise in cloud solutions, data analytics, and…
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China rolls out broad rate cuts and other stimulus to spur weak economy
China’s economic growth has decelerated in recent months as a prolonged slowdown in the property sector has weighed on consumer sentiment and curbed spending. Economists have slashed their growth forecasts to less than the government’s official target of about 5…
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FED Rate Cut: A Global Catalyst
The recent decision by the Federal Reserve to reduce interest rates by 50 basis points (bps) is a significant move aimed at stimulating economic growth by lowering borrowing costs. However, this decision has far-reaching implications beyond the U.S., affecting global…
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Walmart’s Compensation Strategy to Retain Talent
When the employee attrition rate increases for companies with high turnover costs, one of the many changes they can implement is a modification in compensation. This could involve simply increasing the base salary or altering the pay mix strategy. The…
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Amazon Enforces 5-Day Office Return Amidst Global Hybrid Work Shift
Amazon recently announced a significant change in its Return to Office (RTO) policy, requiring its corporate employees to return to the office five days a week starting January 2, 2025. This new mandate is a departure from the current hybrid…
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Platform-Based Gig Workers in India: Legal Landscape and Current State
Introducing the Topic: The platform-based gig economy has been steadily expanding, with more companies entering the digital space. According to a NITI Aayog projection, the gig workforce is expected to grow to 23.5 million workers by 2030. While the gig economy has…
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India’s Ambitious Foray into the Semiconductor Industry
Forty years after its initial, unsuccessful attempt to produce semiconductors, India is making a renewed push to become a major player in the global semiconductor industry. This new effort is marked by Prime Minister Narendra Modi laying the foundation for…
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India’s FI-Index Rises to 64.2: A Positive Trend for Financial Inclusion
In March 2024, the Reserve Bank of India (RBI) reported a significant rise in the Financial Inclusion Index (FI-Index), reaching 64.2. This development underscores the country’s progress in expanding access to financial services and promoting inclusive economic participation. Understanding the…
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ADP’s “People at Work” Report: Six Key Findings Shaping HRM Trends
Earlier this month, The ADP Research Institute released its “People at Work” report, based on detailed survey responses from over 34,000 workers across 18 countries. The report highlights six key findings regarding worker demands and HRM trends. These metrics are…
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On the way to a healthier Telecom Industry
All three of India’s leading telecom operators, Reliance Jio, Bharti Airtel and Vodafone Idea (Vi) have announced tariff hikes within hours of each other, as the companies search for a path of monetising 5G services and improving the financial health…