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Paytm CEO Vijay Shekhar Sharma At a time when companies across the world are ordering employees to return to office, Paytm’s Vijay Shekhar Sharma is expounding the benefits of working from home. On Thursday, the Paytm chief announced that his digital payments platform will allow employees in tech, business and product roles to work from home or any location of their choice. This is a continuation of the remote working movement that began during the coronavirus pandemic. “We at Paytm allow you to work from home/anywhere for product, tech and business roles,” Vijay Shekhar Sharma wrote on Twitter alongside an animated video which contrasts the hectic routine of an office-going employee with the leisurely pace that is the luxury of those working from home. The Paytm founder and CEO encouraged job-seekers to visit the careers section of the Paytm website to look for current openings and “join the team that has revolutionised India’s payments for good.” We @Paytm … [Read more...] about Paytm to allow ‘work from home’ for these roles. See CEO Vijay Sharma’s tweet

Mustapa says the government is always serious about the rising cost of doing business due to bureaucracy and the impact of the shortage of foreign workers on the economy as often raised by industry. (Photo by Mohd Suhaimi Mohamed Yusuf/The Edge) - A + A TUMPAT (June 25): The government will pay attention to four proposals submitted in writing by the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) before tabling Budget 2023 in October. Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed said the four proposals are related to the issue of hiring foreign workers, inflation control, Internet access problems and issues related to food security. “The government welcomes participation and commitment from the private sector and the business community as demonstrated by the ACCCIM to jointly find solutions to the challenges faced in doing business, especially in the context of the country’s post-Covid-19 economic … [Read more...] about Govt to pay attention to four ACCCIM proposals for Budget 2023, says Mustapa

Veteran industry leader Shiv Shivakumar says the younger workforce will be impatient and non-hierarchical. Amid growing demand for freshers and young professionals, veteran industry leader Shiv Shivakumar says that the younger workforce will be impatient and non-hierarchical and they will go for impact and relevance. “I think younger workforce will not respect age, they will respect relevance and impact,” Shivakumar told Moneycontrol. “The younger workforce will be impatient and non-hierarchical. They will expect a lot more from companies in terms of learning, development etc. They will build their own personal brands on social media,” added Shivakumar, group executive president, corporate strategy, at the Aditya Birla Group. Shivakumar, who was formerly the chairperson of PepsiCo Holdings in India and CEO of emerging markets at Nokia, said Gen Z need to give a company they join three to four years, contribute and learn the ropes. He said such an approach can never go … [Read more...] about Younger workforce will not respect age, they respect relevance and impact: Shiv Shivakumar

- A + A KYIV (June 25): Dozens of Russian missiles rained down on military facilities in western and northern Ukraine on Saturday (June 25), local officials said, as Europe's biggest land conflict since World War Two entered its fifth month. Maxim Kozytskyi, the governor of the Lviv region in western Ukraine, said in a video posted online that six missiles were fired from the Black Sea at the Yavoriv base, with four hitting the base and two being intercepted and destroyed before hitting their target. Vitaliy Bunechko, the governor of the Zhytomyr region in the north of the country, said strikes on a military target killed at least one soldier. "Nearly 30 missiles were launched at one military infrastructure facility very near to the city of Zhytomyr," said Bunechko, adding that nearly 10 missiles had been intercepted and destroyed. In the Chernihiv region, also in the north, governor Vyacheslav Chaus said the small town of Desna had come under "massed" rocket … [Read more...] about Russian missiles rain down on military sites across Ukraine, say local officials

Tengku Zafrul: The MoF will continue to monitor external factors that can have a negative impact on the domestic economic situation to ensure that the cost of living of the people is under control. (Photo by Zahid Izzani Mohd Said/The Edge) - A + A KUALA LUMPUR (June 25): The projected consumption subsidy expenditure of RM77.3 billion so far for 2022 is the highest subsidy in history ever borne by any government, said the Ministry of Finance (MoF). Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the projected consumption subsidies cover petrol, diesel and liquefied petroleum gas (RM37.3 billion), cooking oil (RM4 billion), flour and electricity to reduce the people's cost of living, and subsidy bills (RM9.7 billion), excluding welfare assistance from 2018 to 2022. “When added to other assistance such as social welfare assistance, including Bantuan Keluarga Malaysia (BKM) (RM11.7 billion) and other subsidies (RM14.6 billion), the total subsidy so … [Read more...] about RM77b subsidy so far this year highest in history, says Zafrul

Unprecedented forest fires in the drought-stricken western United States . Tropical storms and rising seas threatening the Gulf and Atlantic coasts. Sizzling heat across large swaths of the country. As climate change unfolds before our eyes, what can the U.S. do to sharply and rapidly reduce its share of the greenhouse gas emissions that are causing it? advertisement advertisement The Biden administration has committed to reducing those emissions 50% by 2030 to below 2005 levels. That’s a critical first step of a global energy transition that must achieve net-zero emissions by midcentury to limit warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) and thereby avert the worst impacts of climate change. Twenty years ago, I would have regarded the U.S. 2030 pledge as crazy talk. But a new study in the journal Science that I coauthored, compares results from six independent analyses conducted by academic, industry, and nongovernmental … [Read more...] about How we can meet Biden’s 2030 climate goals with today’s technology

In those first few fraught hours of February 24th, after Russian forces invaded Ukraine, Anastasiia Smyk, CEO and co-founder of aviation software startup Input Soft , recalls being in a state of shock and incredulity. She was in Kyiv at the time, but her 11-strong team was scattered around the country. advertisement advertisement “The first week we were just thinking about how to survive at a human level,” says the 25-year-old entrepreneur. “So we decided to rent a house for our team in the Carpathian mountains, in the [safer] western part of Ukraine, and told them they could go there with their families to wait until we knew more about what was happening. Some of them went. Others were unable to get out.” One of those left behind was the startup’s accountant, whose home town of Kherson, in southern Ukraine, has been under Russian occupation since early March. On May 3rd, when the internet and mobile communications went down, she decided to risk her … [Read more...] about The war in Ukraine hasn’t ended. Here’s how these founders continue to build their businesses

Ukrainian service members walk in the industrial area of the city of Sievierodonetsk, as Russia’s attack on Ukraine continues, Ukraine June 20, 2022. (REUTERS/Oleksandr Ratushniak/File Photo) KYIV/POKROVSK, Ukraine — Russian forces have fully occupied Sievierodonetsk, the mayor of the eastern Ukrainian city said on Saturday, confirming Kyiv’s biggest battlefield setback for more than a month, after weeks of some of the war’s bloodiest fighting. Ukraine called its retreat from the city a “tactical withdrawal” to fight from higher ground in Lysychansk on the opposite bank of the Siverskyi Donets river. Pro-Russian separatists said Moscow’s forces were now attacking Lysychansk. The fall of Sievierodonetsk — once home to more than 100,000 people, now a wasteland — was Russia’s biggest victory since capturing the port of Mariupol last month. It transforms the battlefield in the east after weeks in which Moscow’s huge advantage in firepower had yielded only slow gains. Russia will … [Read more...] about Ukrainian city falls to Russia in one of war’s bloodiest fights

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The board of food delivery company Zomato on June 24 approved the acquisition of quick commerce company Blinkit for Rs 4,447 crore in an all-stock deal. Also, Zomato ’s restaurant supplies subsidiary Hyperpure will acquire the warehousing and ancillary services business of Hands on Trade Private Limited for Rs 60.7 crore. While the Blinkit deal value was earlier estimated to be upwards of $700 million, the drop in Zomato’s stock price has reduced it to $568 million at current exchange rates. “Quick commerce has been our stated strategic priority since the last one year. We have seen this industry grow rapidly both in India and globally, as customers have found great value in quick delivery of groceries and other essentials,” said Zomato CEO Deepinder Goyal. “This business is also … [Read more...] about Zomato board approves deal to acquire Blinkit for Rs 4,447 crore

Millions of Americans don’t have access to high-speed internet, the majority of whom live in rural areas. To help the 4,000-plus member owners of its farmer cooperative, Land O’Lakes CEO Beth Ford has made it her mission to advocate for public and private investment in broadband access. advertisement advertisement Internet connectivity is necessary for quality education and healthcare. Without the right tools and technology, it’s harder for farmers and their families to be successful. “When farmers aren’t secure, it leaves us less secure as a nation,” says Ford. To help bridge the digital divide, Ford spearheaded Land O’Lakes’ American Connection Project . Advocating for private and public sector investment in rural internet infrastructure, the effort includes over 170 organizations. Ford is working closely with U.S. Commerce Secretary Gina Raimondo, and was in D.C. for the signing of the $65 billion infrastructure bill that will … [Read more...] about Beth Ford wants to change the narrative about rural America