Infosys appoints Salil S Parekh as new CEO, managing director

The IIT-Bombay graduate and Cornell university alumnus, and Capgemini executive is the new Infosys CEO and MD. Salil S Parekh has been named the new CEO, managing director of Infosys. Infosys, India’s No.2 IT services company, named Salil S Parekh as chief executive on Saturday, picking an outsider for the job a second time and handing him the twin challenges of reviving growth and making peace between its founders and board. Parekh, who will join from consultancy firm Capgemini where he is currently an executive, has been given a 5-year…

Read More

LinkedIn CEO Takes Selfie At Employee’s Desk. Here’s Why It’s Viral

LinkedIn CEO Jeff Weiner posing at staffer Mariah Walton’s desk while she was away Imagine this – your boss is coming in to meet you and your team but you’re not there. Instead, you’re far away on a vacation. What do you do? Cancel your long-planned holiday? Or risk missing an important meeting? An employee’s nightmare! A similar scenario played out for Mariah Walton, an analytics manager with professional networking website LinkedIn. Her boss, the CEO of LinkedIn Jeff Weiner, was flying in to meet staffers at the company’s Dublin…

Read More

#DearMoney, why are you not by my side when I need you?

This yo-yo relationship between me and money was just not working out and I would often find myself in situations where I would scream out loud – “Hello money, why are you not by my side when I need you?” Whenever I am sad, all I need are a warm hug, and a bag full of money. The hug isn’t that hard to find, but man, that bag! This, of course, is a joke. But in all seriousness, I understand the significance of wealth. I am a practical person (when…

Read More

India’s Wealthiest Woman Nita Ambani Was Once A School Teacher With A Salary Of Rs800. Mukesh Ambani, Too, Now Wants To Be A Teacher

India’s wealthiest family, the Ambani’s, celebrated the 54th birthday of Nita Ambani on the 1st of November. Being the wife of India’s richest man and playing the role of the chairperson and founder of Reliance Foundation, Nita is reportedly India’s wealthiest woman. Nita Ambani however had quite a modest beginning and hailed from a middle-class family in suburban Mumbai. Nita has an undergraduate degree in Commerce from Narsee Monjee College of Commerce and Economics and had taken up a job as a teacher when she crossed paths with the Ambani…

Read More

‘It was like a bereavement’: life after leaving a big job

They used to be MPs, senior partners and surgeons, expert at dealing with pressure. So how do those who once had top jobs adjust to life in the slow lane? Leaving a top position can be tough. Your diary clears, your retinue of staff vaporises. Suddenly, no one is listening any more. Ego, hubris, whatever you call it, as we rise to positions of power, we too often come to “believe our own hype”. The inevitable fall can be bruising. This is especially true if you are an MP. Until…

Read More

Einstein’s handwritten notes sell for $1.8M

Two handwritten notes penned by Albert Einstein have been sold at an auction for a combined $1.8 million — hundreds of times their estimated sale value. The notes written in German, which the famed physicist gave to a Tokyo courier in November 1922 in lieu of a tip, contain two aphorisms for happiness. The first, which sold for $1.56 million, reads: “A calm and humble life will bring more happiness than the pursuit of success and the constant restlessness that comes with it,” according to a translation from the auction…

Read More

How Cyrus Mistry Was Sacked: Former Tata Executive Reveals In Blog

In October last year, Cyrus Mistry was fired as Tata Sons chairman. Cyrus Mistry was appointed as chairman of the Tata Sons board in December 2012, succeeding Ratan Tata. Nirmalya Kumar, who was group executive council (GEC) member under Cyrus Mistry, in his latest blog revealed how the former Tata Sons Chairman was sacked from his job. In October last year, Mr Mistry was fired as Tata Sons chief. Mr Kumar wrote that Mr Mistry was “offered the option of resigning or facing the resolution for his removal at the…

Read More

Can smart workers be damaging?

If you are overqualified for your role, are you causing more trouble for your firm than you are worth? Workers who are overqualified for their jobs can hurt firms, not help them When Amanda Hiebert, a communications director based in Calgary, Canada, took a position at a vitamin supplements firm several years ago, she knew she was overqualified for the job. The high salary and the opportunity of working for a big company attracted her. But once she was hired, she found the role was not demanding enough to keep…

Read More

Indian-origin teenager becomes UK’s youngest millionaire

An Indian-origin teenager Akshay Ruparelia has become one of Britain’s youngest millionaires after his online estate agency business got valued at 12 million pounds Ruparelia claims to have already sold 100 million pounds worth of properties since he set up his business. An Indian-origin teenager has become one of Britain’s youngest millionaires after his online estate agency business got valued at 12 million pounds in just over a year. Akshay Ruparelia, at just 19 years of age, juggled his school work with negotiating property deals for his no-frills business that…

Read More

Bitcoin’s price bubble will burst under government pressure

The cryptocurrency is up 1,600% in two years – but state efforts to remove its near-anonymity will undermine its popularity Bitcoin’s price is up 600% over the past 12 months Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse. If you haven’t been following the bitcoin story, its price is up 600% over the…

Read More

‘Infosys Hasn’t Failed’: Government Backs IT Firm Amid GST Tech Glitches

Revenue Secretary Hasmukh Adhia said, “Infosys has not failed. They have been delivering very well. Hiccups will be there which need to be sorted out.” Infosys is handling much of the IT infrastructure for Goods and Services Tax Network. A group of ministers (GoM) – appointed by the Goods and Services Tax (GST) Council to look into the technical challenges that have been facing after the launch of this massive tax reform – met today in Bengaluru. The GoM is headed by Bihar Deputy Chief Minister Sushil Kumar Modi. Representatives…

Read More

How To Tell Your Conservative Parents That You Want To Become An Entrepreneur

For most aspiring entrepreneurs, telling your parents that you are quitting your stable day job to go pursue an entrepreneurial venture is one of the most frightening things you will ever do in life. Entrepreneurship is not well supported in many societies and even less so among Asian culture. My parents were first generation immigrants to the United States from Korea. My dad’s first job in America back in the 1970’s was as a janitor making $2 an hour. The word entrepreneurship did not exist in his vocabulary. In fact,…

Read More

Office romances can be hard work – here’s how to navigate them

It’s not always simple for lovestruck colleagues, but with the right boundaries there is no reason why a workplace relationship can’t flourish The Office colleagues Dawn Tinsley and Tim Canterbury kissed at their work’s Christmas party. Despite the rise of the dating apps, there’s still nothing like the workplace for encouraging the entwining of people. Whether it’s a drunken dalliance at a Christmas party, or a love steadily blossoming with a member of your team, work can be the instigator of everything from a late-night tryst to marriage. More than…

Read More

‘Spend Less Than What You Earn’: Narayana Murthy’s Message To Top Bosses

A company, Mr Murthy said, will have to get the best value for money for every paisa it spends. Employees should also be trained to improve productivity, Mr Murthy said. Infosys co-founder NR Narayana Murthy has urged top executives, including CEOs, to practise austerity measures for bringing costs under control and also scaling up their companies’ growth. “I would say that it is extremely important to spend less than what you earn, ideally. That means everybody, starting from the chairman and CEO to a janitor will have to demonstrate austerity,…

Read More

Fired engineer: Google tried to shame me

ames Damore, the Google engineer fired after writing a controversial 3,300-word memo on diversity, is questioning why Google pushed him out when it did. In an op-ed published on Friday in the Wall Street Journal, Damore wrote that he first circulated his lengthy memo to some people at Google about a month ago. It wasn’t until the memo went viral inside Google and was leaked externally last weekend that Google (GOOG) decided to take action, he said. Damore was fired on Monday. “There was no outcry or charge of misogyny.…

Read More

Google employee fired over diversity row considers legal action

Computer engineer James Damore, axed for suggesting women were less suited to certain tech roles, may challenge dismissal Google’s CEO says portions of James Damore’s memo ‘violate our code of conduct and cross the line by advancing harmful gender stereotypes’. The computer engineer fired by Google for suggesting women are less suited to certain roles in tech and leadership is considering taking legal action against the company. James Damore, a chess master who studied at Harvard, Princeton and MIT and worked at the search engine’s Mountain View HQ in California,…

Read More

The Stress-Busting Secrets Of Successful Entrepreneurs

Stress free, Richard Branson Photo credit: Mario Tama/Getty Images Starting a business can be stressful even when things are going well. With the economic and political uncertainties that lie ahead entrepreneurs are really feeling the pressure, which can impact on their health and wellbeing, and their business. Some of the most successful business founders have their own way of dealing with stress and don’t mind sharing their secrets. Virgin boss Richard Branson faced some huge business risks and challenges whilst building his brand. His technique for keeping pressure and stress…

Read More

Prince of social network Facebook CEO Mark Zuckerberg :Biography

Mark Zuckerberg is co-founder and CEO of the social-networking website Facebook, as well as one of the world’s youngest billionaires. Synopsis Born on May 14, 1984, in White Plains, New York, Mark Zuckerberg co-founded the social-networking website Facebook out of his college dorm room. He left Harvard after his sophomore year to concentrate on the site, the user base of which has grown to more than 250 million people, making Zuckerberg a billionaire. The birth of Facebook was recently portrayed in the film The Social Network. Early Life Mark Elliot…

Read More

Laurene Powell Jobs: 5 Things About Steve Jobs’ Widow & New Owner Of ‘The Atlantic’

She’s one of the richest women in tech and now, Laurene Powell Jobs is the new boss at ‘The Atlantic.’ After this major shakeup in the publishing world, get to know all about Steve Jobs’ widow. 1. She’s a highly educated woman who now owns a 160-year-old publication. Just like how Jeff Bezos owns The Washington Post and Facebook co-founder Chris Hughes, 33, bought The New Republic, Laurene Powell Jobs, 53, became the latest tech billionaire to acquire a media company. The wife of the late Steve Jobs bought the…

Read More

The king of E commerce Jeff Bezos Amazon Ceo Biography

American entrepreneur Jeff Bezos is the founder and chief executive officer of Amazon.com and owner of ‘The Washington Post.’ His successful business ventures have made him one of the richest people in the world. Who Is Jeff Bezos? Entrepreneur and e-commerce pioneer Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico. Bezos had an early love of computers and studied computer science and electrical engineering at Princeton University. After graduation he worked on Wall Street, and in 1990 he became the youngest senior vice president at the…

Read More

Interns beware: working for free could put a dent in your career

Graduates who take up placements are often worse off than their peers three years later, major study finds Hapless BBC intern Will Humphries, right, played by Hugh Skinner, became a star of comedy hit W1A. Photograph: They are an increasingly familiar part of the modern workplace – the unpaid interns, eager for the experience and the contacts that will help ease them into a paid job. They have even been immortalised in Hollywood movies and television series – Will Humphries, played by Hugh Skinner, became the hapless hero of the…

Read More

Can Jack Ma, Asia’s richest man, create 1m jobs in the US?

The founder of Alibaba, one of the world’s biggest online retailers, made the promise at a pre-inauguration meeting with Donald Trump Jack Ma is working the White House, with a promise to reduce the number of unemployed workers by 14%. Jack Ma was destined to live an ordinary life. He failed the Chinese university entrance exam several times before being accepted by the worst school in Hangzhou, and he was rejected from a dozen jobs – even selling chicken at KFC. Ma was ready to settle into a quiet life…

Read More

Tesla delivers its first 30 Model 3s in historic moment

Tesla handed over the keys (or, in this case, keycards) to the first 30 Model 3 owners at the automaker’s manufacturing plant in Fremont, California Friday night. The jubilant event marked the culmination of a long journey to deliver an affordable electric car. With its first three vehicles — the Roadster, Model S and Model X — Tesla (TSLA) made electric cars cool. But with prices approaching and exceeding $100,000, few could afford them. Now with the Model 3, which starts at $35,000, Tesla is releasing a vehicle that could…

Read More

Jeff Bezos Overtakes Bill Gates To Become World’s Richest Man

Amazon CEO Jeff Bezos has overtaken Bill Gates and is now the richest person in the world, with a fortune topping $90 billion for the first time ever. When markets opened on Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead of Microsoft founder Bill Gates. Amazon stock opened up 1.6% on Thursday, adding $1.4 billion to Bezos’ net worth. That was enough to put him ahead of Gates, who was last surpassed on Forbes’ real-time rankings for just two days nearly a year ago…

Read More

MONEY, POWER & SEXUAL HARASSMENT

SEXUAL HARASSMENT IN TECH: WOMEN TELL THEIR STORIES It was 2001 during the dotcom crash, and Cecilia Pagkalinawan had a tough choice: Raise more money for her startup or let 26 employees go. She set up a meeting with a powerful venture capitalist in New York City, who she hoped would want to invest. Pagkalinawan said the investor scheduled the meeting at an expensive restaurant. When she arrived, he ordered a $5,000 bottle of wine. She said he refused to accept no for an answer when she said she didn’t…

Read More

What an IT engineer’s suicide tells us about India’s economic real and political unreal

Statistics show that jobs in IT, once India’s most dynamic service sector, are drying up. A suicide is always a crushing tragedy. It is legally considered to be extreme and irrational, as we all believe that human life is our most precious triumph. Ironically, the suicide note always argues the opposite: That there are rational motives which compel people to end their lives. Such is what we learn from the young 25-year-old IT engineer Gopikrishna Durgaprasad, who jumped off the fourth floor of a Pune hotel because “in IT there…

Read More

The Most Attractive Employers For Engineering Students Around The World In 2017

Engineering students rated Microsoft as the second-most attractive place to work. Business students across the globe are hungry to join technology, finance, consulting and consumer-goods companies, as we wrote recently. And what about the students pursuing one of the most in-demand fields of study in the world, engineering? Research firm Universum Global recently revealed the top-rated employers among this group. It surveyed nearly 150,000 engineering students in the world’s 12 biggest economies, including Brazil, Canada, China, France, Germany, India, Italy, Japan, Russia, South Korea, the U.K. and the U.S. To…

Read More

Which Companies Get The Most Love From Their Employees

This year, Salesforce, the San Francisco-based cloud computing company, topped the “Best Places To Work” list compiled by the job site Indeed.com. Southwest Airlines and JetBlue Airways Corporation followed closely behind. Each of the three companies employs more than 10,000 people. Indeed.com compiled the top-employers list from more than 15 million anonymous employee online reviews on overall experience from more than 200 million monthly visitors. Companies included are members of the Fortune 500 Index with more than 5,000 employees and at least 50 reviews. Salesforce, which also came in first…

Read More

Alibaba And Tencent Among The World’s Smartest Companies In 2017

China’s companies are joining the world’s smartest companies. That’s according to the recently published MIT Technology Review’s annual listing of the 50 smartest companies, which surveys both small and large companies based on their ability to innovate and execute. Overall, seven Chinese companies made it to the list, up from five last year, three in 2015, and none in 2014, beating their Japanese and Korean counterparts. Two of these companies that made it to the list this year are Tencent (8th position) and Alibaba 41th. That’s the second time the…

Read More

EU slaps Google with record $2.7 billion fine

European Union regulators slapped Google with a record €2.4 billion ($2.7 billion) antitrust fine on Tuesday, the latest broadside fired at big American tech companies doing business in the region. The European Commission found that the U.S. tech giant denied “consumers a genuine choice” by using its search engine to unfairly steer them to its own shopping platform. Regulators said that Google must change its behavior within 90 days or face additional penalties. “What Google has done is illegal under EU antitrust rules,” said Margrethe Vestager, the bloc’s top antitrust…

Read More

The Inspiring Life Lessons ‘Harry Potter’ Taught Us

British author J.K. Rowling, creator of the Harry Potter fantasy series, points to the place on her forehead where her title character has a scar while reading ‘Harry Potter and the Sorcerer’s Stone’ during the Easter Egg Roll on the South Lawn of the White House April 5, 2010 in Washington, DC. About 30,000 people are expected to attend attended the 132-year-old tradition of rolling colored eggs down the South Lawn of the White House. On the 20th anniversary of Harry Potter And The Sorcerer’s Stone’s publish date, it is…

Read More

How To Schedule Job Interviews When You’re Working Full-Time

Dear Liz, I’m working full-time but I have to get a better job. I put out the word that I’m looking and I’ve heard from several recruiters, but I’m running into a snag. The recruiters get impatient with me when I tell them I can’t interview between 8:30 a.m. and 5:00 p.m. I leave my job at 5:00 so I don’t want to schedule any job interviews before 5:30. I have to be careful. I can’t afford to lose my job before I get a new one. As it is,…

Read More

Trump Has Already Beat India On H1-B Visa Issue

Indian Prime Minister Narendra Modi arrived in the U.S. on Sunday. He meets with President Donald Trump on Monday, June 26, 2017. Narendra Modi has landed. His homebased Indian tech companies’ abuse of the U.S. immigration system won’t be a topic of discussion. That’s because POTUS has already won that fight with the Indian outsourcers. President Donald Trump might not need a wall, or need any major revamps to the polemic H-1B visa used by tech companies to bring in foreigners. Just the idea circulating the planet that Trump is…

Read More

Never Send A ‘Follow Up’ Email: If You Want Answers, Do This Instead

Sending and receiving a follow up email can be annoying. The sender wishes they did not have to write the email, and the recipient hates to get one. You are either frustrated because you have not gotten an answer or reminded that you have one more thing to do. It’s a lose-lose situation. Pause before you send that follow up email. There are more impactful ways than saying, “I’m following up” or even worse, “I’m just following up” (the word “just” lessens the importance of your request and undermines your…

Read More

Not Getting Any Job Offers? Your Social Media Activity Could Be The Reason

Trouble getting hired? Maybe it’s time to check your social media baggage. Social media. For some it has been a godsend. An escape into a virtual world where you can let off steam, play games, and share your favorite photos. Unfortunately, all good things have side effects. For those who have decided to leave entrepreneurship behind and return to the workforce, securing a position is sometimes difficult. Many people are finding that failure to secure a position with a company is coming down to their social media activity. More and…

Read More

7 Hiring Mistakes To Avoid At All Costs

When it comes to building a successful company, it’s all about who you hire. A company is like a puzzle. Beneath every operation, role and deliverable is a person, and the person responsible for each of those responsibilities is going to dictate its success. In short: the people within your organization are your most important assets. However, many companies make mistakes when it comes to hiring. They might hire solely for the role and not the company as a whole, or they might hire preemptively before responsibilities have been clearly…

Read More

Key Qualities Employers Look For In Their Most Valued Employees

Riddle me this: as an employer, would you rather have a technician with top-notch technical skills who’s constantly watching the clock? Or would you rather have someone who is slightly less skilled but who’s constantly trying to figure out how to do their job better and help others? While you might pick the former, I’d much rather have someone who – on a scale from 0 to 10 – might be a seven in technical skills but who ranks a ten in passion, teamwork, and commitment. In today’s competitive job…

Read More

Meet The Billionaires Behind The Top 100 Brands Of 2017

Together they reap riches of more than $1.1 trillion, thanks to you and your favorite brands. Laurene Powell Jobs (R), widow of Apple cofounder Steve Jobs, is one of the wealthiest Reach into your pocket. You’ll probably find a phone and car keys, maybe a bottle cap or receipt—things you don’t think about too often. Yet, at least one of those things has made the lucky entrepreneur who thought them up millions (if not billions) of dollars. To help wrap your head around it, FORBES picked apart our 2017 World’s…

Read More

Meet The 2017 Class Of 30 Under 30

Class of 2017 (clockwise from top left): Emily Motayed, Tyler Oakley, Candice Galek, The 2017 FORBES 30 Under 30 is the most definitive gathering of today’s leading young change-makers and innovators in the U.S. Now in its sixth year, the 30 Under 30 offers an annual opportunity to embrace the optimism, inventiveness and boldness of youth. We bring you 30 game changers in 20 industries all under 30 years old — 600 in total — who are challenging the conventional wisdom and rewriting the rules for the next generation of…

Read More

LISTEN NOW: The Limit Does Not Exist: College 2.0

If you had the chance to go back to college and do it all over again, would you? And what would you do differently? For our 50th episode of The Limit Does Not Exist we’re diving into a new approach to interdisciplinary education with Connecticut College president Katherine Bergeron. Listen and learn how you can adapt a framework of integration and connection to your own life, even if you’re long past your co-ed days. ver the past 49 episodes we’ve interviewed dozens of Human Venn Diagrams (HVDs): learning about their…

Read More

The Billionaires Working To Make A Fortune In The Final Frontier

Elon Musk describing his Mars colonization plans. It’s no secret that a number of the members of the annual Forbes Billionaires list are aiming for the stars. Just Google “billionaire space race” and you will find a wealth of articles touching on the billionaires dreaming big. Elon Musk is the most famous in the race, having founded SpaceX, which to date has seen over two dozen successful missions. But there are three other big billionaire players. Amazon CEO Jeff Bezos is the founder of Blue Origin, which is already launching…

Read More

Forbes 2017 Billionaires List: Meet The Richest People On The Planet: Watch Video

Members of the 2017 Forbes list of billionaires, from top left: It was a record year for the richest people on earth, as the number of billionaires jumped 13% to 2,043 from 1,810 last year, the first time ever that Forbes has pinned down more than 2,000 ten-figure-fortunes. Their total net worth rose by 18% to $7.67 trillion, also a record. The change in the number of billionaires — up 233 since the 2016 list — was the biggest in the 31 years that Forbes has been tracking billionaires globally.…

Read More

From Sheryl Sandberg To Beyonce: The 60 Richest, Most Successful Self-Made Women In America

Forbes’ second annual definitive tally of America’s wealthiest, most successful self-made women includes 60 trailblazers – 10 more than last year – who have crashed ceilings through invention and innovation. These women, who are worth a combined $53 billion, have created some of the nation’s best known brands, such as Gap, Spanx, Proactiv and Vera Bradley. A number of them have also helped build some of the most successful companies in tech, including Facebook, eBay and Google, while still others got rich entertaining millions through their music, books or TV…

Read More

World’s Billionaires 30th Anniversary: Looking Back On Three Decades Of Billionaires

Since 1987 we’ve been tracking the world’s wealthiest people. Globalization and technology of the 1980s pulled once distant corners of the planet much closer, inspiring a list–the first of its kind–to capture a picture of world’s richest in one place. “National boundaries still satisfy politicians,” the 1987 introduction to the first list stated. “But they no longer contain business people.” Our inaugural edition counted only 140 billionaire individuals and families from just 24 countries. At the time, Japan was home to both the world’s richest man, real estate tycoon Yoshiaki…

Read More

10 Key Steps To Getting A Small Business Loan

Small business loans are available from a large number of traditional and alternative lenders. Small business loans can help your business grow, fund new research and development, help you expand into new territories, enhance sales and marketing efforts, allow you to hire new people, and much more. This article sets forth key steps to take in getting a small business loan, with some practical advice and insight on the lending process. 1. Understand the Different Types of Small Business Loans Available There are multiple types of small business loans available.…

Read More

The Richest Women In The World 2017

Alice Walton, heiress to the Wal-Mart Stores Inc fortune, listens during an interview at the Crystal Bridges A banner year for billionaires has lifted the fortunes of female moguls around the globe. An all-time high of 2043 people made the ranks of FORBES’ World’s Billionaires, 227 of whom are women — a jump from last year’s 202 and a record for women billionaires. They make up 11% of the list and have a collective net worth of $852.8 billion. The majority of the richest women in the world inherited their…

Read More