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There’s a lot of conversation around the “ Great Resignation ” as employers are losing talent to other companies that boast higher pay, cool perks, flexible work, sign-on incentives, and professional growth opportunities. It’s an interesting phenomena, but we don’t speak enough to the other side of the coin, something called the “Great Regret” or the “Big Mistake”—where an employee leaves one company for another believing the grass to be greener, and it turns out to be, in fact, worse than where they left. advertisement advertisement Early in my career, I had a Great Regret moment, back in 2008, where I left a job for more money and what seemed to be an amazing opportunity. From day one of my new job, I immediately had negative, early indicators about what was to come. It was a terrible six months in a role punctuated with a culture of high turnover, low morale, scandals, and toxic leadership. I deeply regretted my decision to leave my prior company … [Read more...] about Ready to join the Great Resignation? Here’s how to avoid a disappointing job switch

Administrative responsibilities can tax any company, but for smaller businesses in particular managing human resources can be a heavy burden. When you run a small company with limited time and resources, the last thing you want to do is divert your attention from the core business that's your bread and butter. Outsourcing human resources functions can reduce your administrative workload and free up your time so you can focus on your business objectives. If you haven't given serious thought to outsourcing, the range of tasks that can be offloaded might surprise you. An HR outsourcing company can manage a whole range of human resources functions that you might otherwise outsource to multiple providers - these functions include everything from payroll processing and benefit plan management and administration to recruiting, training and more. With one provider to take responsibility for a range of HR functions, you'll not only spend less time on administration, but less time managing … [Read more...] about Best HR Outsourcing for Small Businesses in 2022

Truemeds founders Akshat Nayyar and Kunal Wani Truemeds is a tele-health platform that helps patients with chronic diseases find top quality medicines in India at reasonable prices. According to the founders, its customers save an average of 47 percent on their monthly medicine bills and the company is determined to increase these savings to about 70 percent. In an interview with Moneycontrol , founders Akshat Nayyar and Kunal Wani said they aim to use the $22 million raised from WestBridge Capital and other investors to accelerate growth and triple the number of fulfilment centres across the country in six months. Edited excerpts: Q1: Take us through the journey of your company. How did you come up with the idea of Truemeds? Akshat Nayyar: We founded Truemeds in 2019 to address a very big challenge among the Indian middle class, i.e., affordability of medicines. With over 25 crore (250 million) chronic patients needing medicines each month, India is one of the few … [Read more...] about Truemeds aims to become household name for medicines at true prices: Founders

Representative image (Source: https://www.pexels.com/) After repeated pleas by a large number of doctors wishing to pursue their postgraduate degrees to defer the National Eligibility cum Entrance Test (Postgraduate) or NEET PG, scheduled for May 21, failed to move the government, the students have filed a petition in the Supreme Court to postpone the examination. The case is up for hearing on May 13. NEET PG is the qualifying exam for those who have passed their MBBS level to take up broad speciality courses in medicine. But why do the majority of students who are to appear in the NEET PG this year and are backed by various students’ associations apart from the Indian Medical Association (IMA) want the examination put off by a few weeks? Also, why is the National Board of Examination under the Union health ministry which conducts NEET PG not ready to budge from its stand? We try to explain everything here. Why do the students want the examination pushed? Close … [Read more...] about Explainer| Why are doctors at loggerheads with Centre to get NEET PG postponed?

New C-Class Mercedes-Benz, the country’s largest maker of luxury cars by volume, recently launched its entry-level premium sedan the C-class at a price that’s higher than ever before, but the Stuttgart-based auto major doesn’t see that as a barrier to pushing sales and driving volumes. Instead, its executives say that its product portfolio, which it claims is the widest in the category, combined with its transparent pricing mechanism, is future-proofing its business model, and prepping it for even higher sales. Mercedes-Benz India reported sales of 11,242 cars and SUVs in 2021, cementing it at the top of the luxury segment for the seventh year running and giving it a market share of around 41 percent. For Q1 this year, the company says it has already sold around 4,022 units. In terms of its range of products, Mercedes claims the largest selection in the Indian market. “We have the broadest portfolio of any manufacturer in India,” Martin Schwenk, Mercedes-Benz India’s CEO, … [Read more...] about Mercedes-Benz tackles tough market with wide portfolio, transparent pricing

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Tata Motors has launched a long-range version of the Nexon EV in the Indian market on May 11 called the Nexon EV Max which is top of the line among subcompact sport utility vehicles ( SUV s). Experience EVs at their MAX with the new Nexon EV MAX. India’s best-selling EV now is even more electrifying with enhanced range, safety, performance and luxury to give a truly MAX experience. Book Now - https://t.co/M6PyRjs3oz #NexonEVMAX #MovesYouToTheMAX pic.twitter.com/kg8qkn4JIn — Tata Passenger Electric Mobility Limited (@Tatamotorsev) May 11, 2022 Close The new upgraded electric vehicle (EV) has a larger battery pack and longer range. The Nexon EV Max will have a 40.5 kWh battery pack, up from 30.3 kWh for the existing model Nexon EV. The real-world range … [Read more...] about Tata Motors unveils subcompact sport utility vehicle Nexon EV Max in India: Here are the key features & highlights

In his book, The Golden Tap, serial entrepreneur Kashyap Deorah had described how Lee Fixel, a former partner with Tiger Global, used to filter potential startups on the basis of the founders' caste and JEE (advanced) ranks. Only candidates with high JEE (joint entrance examination) ranks make it to India’s premier technical institutes -- the central-government owned Indian Institutes of Technology, commonly known as IITs. “Fixel preferred North Indian Marwari banias with single or double-digit JEE ranks who were young and first-time entrepreneurs. An analysis had probably revealed that such entrepreneurs were the best performers in the companies Tiger liked funding,” Deorah had written. Fixel had led negotiations for funding rounds for Tiger Global in unicorns like Flipkart and Ola, which were among the New York-based hedge fund’s largest bets in India. Both the companies best fit Deorah’s description as Sachin and Binny Bansal, founders of Flipkart, come from IIT Delhi, … [Read more...] about 73 of India’s 100 unicorns have at least one founder from IIT

Representative image Novelis Inc, a subsidiary of Hindalco Industries, on Wednesday said that it will pump in $2.5 billion (around Rs 19,000 crore) to set up a low-carbon recycling and rolling facility in the United States. The highly-advanced plant will have an initial capacity to produce 600 kilo tonnes of finished aluminum goods per year. "Novelis Inc… will invest $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama, USA,” the company said in a statement. This is also the largest global greenfield expansion project of the Aditya Birla Group, and it will take the group’s total investment in the US across businesses to over $14 billion (over Rs one lakh crore), said Kumar Mangalam Birla, Chairman of the Aditya Birla Group and member of Novelis board of directors. More than half of the capacity of the new plant will be used to serve growing demand for aluminum beverage can sheet in north America, which is driven by consumer … [Read more...] about Novelis to invest $2.5 billion to set up low-carbon recycling, rolling plant in US

Representative image A World Health Organisation (WHO) report on excess COVID-19 mortality has estimated 4.74 million deaths for India in 2020 and 2021, nearly 10 times higher than the country’s official coronavirus toll of 4.84 lakh during the two years. India, according to the report, had the highest excess COVID-19 deaths, followed by Russia and Indonesia. Globally, the world health body has estimated that almost three times more people have died of COVID-19 than the official data. As per the UN body, there were 14.9 million excess deaths associated with COVID-19 by the end of 2021. The official count of deaths directly attributable to COVID-19 and reported to WHO in that period, from January 2020 to the end of December 2021, is slightly more than 5.4 million. In other words, the estimated toll is 9.5 million higher than the confirmed fatalities by countries. Close COVID-19 Vaccine Frequently Asked Questions View more How does a vaccine … [Read more...] about WHO estimates 4.74 mn COVID-19 deaths in India in 2020, 2021; nearly 10 times the official toll

Share to Twitter Share to Linkedin Do you hear that? It’s the painful sound of business owners around the world throwing their money down the drain. Every business owner (especially new entrepreneurs) is guilty of it at some point or another. But, there are plenty of ways you can steer clear of throwing your money away and save that dough for more important things, like growing your business. Ways To Stop Throwing Your Money Away Want to stop throwing your money out the window when it comes to your business? If so, you’ve come to the right place. Let’s break down six ways to put an end to the waste. Ready, set, go… 1. Budget, Budget, Budget Your business budget is a nice little guide to keep you on track financially throughout the month, quarter, year, etc. But if you don’t know how to properly budget expenses and/or if you include things in your budget that are unnecessary, you could (heck, will ) wind up throwing your money away. To ensure … [Read more...] about 6 Ways To Stop Throwing Your Money Away