Photo: The Economic Times
Swiss Investment Bank Cuts 10% Bonus Of Employees In 2023
UBS Group AG cut bonuses for last year by 10% after its dealmakers saw revenue erode by a slump in mergers and capital raisings. On March 6, CEO Ralph Hamers received 12.2 million Swiss francs ($13 million) for his second full year in the job, an increase from the 11 million francs a year earlier. The Zurich-based lender set aside $3.3 billion for employee bonuses last year.
Tags: Swiss Investment Bank, 10% Bonus Cut, employees, Bank Jobs, CEO
Courtesy: Hindustan Times
Photo: The Indian Express
People Told Me Not To Make Gangubai, Says Sanjay Leela Bhansali
After releasing the cast of 'Heeramandi" Sanjay Leela Bhansali spoke about his last film "Gangubai Kathiawadi" which he took risk for. On February 18, Bhansali said, "People told me not to make Gangubai." In an interview with Netflix CEO Ted Sarandos, Sanjay Leela Bhansali said, "I have ticked all the wrong boxes. But it worked. That's the belief." Directed by Bhansali, "Gangubai Kathiawadi" starred Alia Bhatt was a… read-more
Tags: Sanjay Leela Bhansali, Gangubai Kathiyawadi, Alia Bhatt, Netflix, Heeramandi, CEO
Courtesy: Hindustan Times
Photo: DNA India
TCS COO N Ganapathy Subramaniam Deems Moonlighting Ethical Concern
Moonlighting is becoming a serious issue in the tech industry. While some internet businesses, such as Swiggy, support moonlighting, the policy that permits employees to work additional jobs in addition to their primary employment. Wipro CEO Rishad Premji has fiercely opposed the notion of moonlighting, while TCS COO N Ganapathy Subramaniam has labeled it an ethical concern. Subramaniam argues that allowing regulations such as moonlighting… read-more
Tags: Wipro, TCS, ethical issue, CEO, COO
Courtesy: India Today
Photo: Republic World
Telegram CEO Pavel Durov Accuses Apple For Inability To Release New Updates
Telegram CEO Pavel Durov criticized Apple's opaque review process for preventing them from releasing a new upgrade that would affect how individuals access themselves in chat. He went on to say that the update had been bogged down in Apple's approval process for two weeks. Durov went on to attack Apple, claiming that if one of the top 10… read-more
Tags: Telegram, CEO, Apple, pavel durov, New Updates
Courtesy: India Today
Photo: VCCircle
Paytm Shares Fell 6.2% On Regulatory Concerns, Suspicions About CEO Reappointment
Paytm's shares declined 6.2% on August 12 due to a proxy advisory firm's resistance to the company's CEO reappointment and central bank's recommendations for digital lending applications. Institutional Investor Advisory Services opposes reappointment of Vijay Shekhar Sharma as CEO and managing director. IIAS also expressed worry that… read-more
Tags: Paytm, Shares, CEO, Reappointment, Digital Payment App
Courtesy: DNA INDIA
Photo: Linkedin/ Abhijit Kabra
Sasken Technologies Appoints Abhijit Kabra As New CEO
Sasken Technologies Ltd. appointed Abhijit Kabra as the new Chief Executive Officer (CEO), who will directly report to Chairman and MD Rajiv C Mody. Reportedly, Kabra's track record of building businesses that leverage technology as a growth enabler, is expected to add value to Sasken. Sasken is a multinational tech company based in Bangalore. Sasken provides product engineering and digital transformation services to global customers.
Tags: Abhijit Kabra, Rajiv C Mody, Sasken, Bangalore, CEO
Courtesy: Brifly News
Photo: wRock.org
Nirmit Parikh Quit Job At Apple, To Create Jobs Platform 'Apna,' Which Turned Unicorn In Just 2 Years
For the Indian blue-collar industry in 2019, Nirmit Parikh made the decision to launch the employment website Apna. He left his job as an Apple technician and returned to India right before the Covid-19 outbreak to launch the firm that became a unicorn in two years. Today, the platform's Android app has over 1 crore downloads. Apna's clients include Shadowfax, Zomato, Delhivery, G4S Global, and Burger King.
Tags: CEO, Nirmit Parikh, Apple, Indian Unicorn, Apna
Courtesy: DNA INDIA
Photo: Financial Express
WhatsApp CEO Warns Users To Be Wary Of Fake Versions
WhatsApp has cautioned the users, urging them to be wary of phony versions of the messaging service. Will Cathcart, the CEO of WhatsApp, has asked people on Twitter not to use the tweaked version of WhatsApp because users may get into severe problems and their data can be leaked. Cathcart warned that apps like "Hey WhatsApp" from a developer named "HeyMods" are hazardous and should be avoided.
Tags: WhatsApp, Android, fake version, CEO, Messaging app
Courtesy: India today
Photo: The Economic Times
Parameswaran Iyer Takes Over As NITI Aayog CEO
Parameswaran Iyer took charge as the Chief Executive Officer (CEO) of NITI Aayog, on July 11. Known for spearheading the implementation of the flagship USD 20 billion Swachh Bharat Mission, Iyer is an Indian Administrative Service (IAS) officer of 1981-batch, Uttar Pradesh cadre. He has worked with both the public and private sectors, and prior was a secretary in the Ministry of Drinking Water and Sanitation during 2016-20.
Tags: Niti Aayog, CEO, parameswaran iyer, PM Narendra Modi, IAS
Courtesy: Press Trust of India
Photo: Yahoo Finance
Google Executive Bill Ready To takeover As Pinterest CEO Silbermann Resigns
Pinterest Inc said that long-time CEO Ben Silbermann will resign, turning over the social media network to Google commerce executive Bill Ready. In extended trading on June 28, the company's shares rose 9 percent as a result of the announcement. It emphasized Pinterest's transition away from its advertising-based economic model and toward e-commerce operations. Ready joins the firm as an executive who formerly led commerce and payment… read-more
Tags: pinterest, CEO, Ben Silbermann, Google, Bill Ready
Courtesy: DNA India
