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
Remote work benefits
The Office Monsters Are Trying to Claw Their Way Back to 2019
Representative image Some corporate leaders are grasping at whatever they can to get back to the way things were. But they might find themselves fighting a culture shift beyond their control. As long as work has existed, employers have tried to size up their employees’ commitment to their jobs. Are you on the fast track? The mommy track? The leadership track? Now, if some corporate leaders have their way, there will be a new test for workplace devotion — and anyone who opts for remote work gets a failing grade. But can C.E.O.s really claw their way back to 2019? This past week, Elon Musk issued an ultimatum to Tesla and SpaceX employees requiring them to return to the office for at least 40 hours per week — or lose their jobs. Mr. Musk, who is known for having camped out for weeks at Tesla factories, thinks remote work is an affront to productivity and personal commitment. Last month, he praised Chinese workers for “burning the 3 a.m. oil,” comparing them with … [Read more...] about The Office Monsters Are Trying to Claw Their Way Back to 2019
The war in Ukraine hasn’t ended. Here’s how these founders continue to build their businesses
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
Amid startup layoffs, larger job market remains buoyant across sectors
The larger job market in India remains buoyant across sectors – even amid layoffs by a clutch of startups in recent months – and employees will generally continue to call the shots through FY23. “We see FY23 to remain an employees’ market with some amount of adjustments. Employees still have the bargaining power, opportunities and enjoy the benefit of demand,” said RP Yadav, chairman of Genius Consultants, a staffing and human resource company. While information technology and IT-enabled services will continue recruiting, e-commerce, logistics and export-oriented sectors including textiles and leather goods are doing well in terms of hiring. The consumer goods sector will increasingly do well, as will the retail and hospitality segment, according to staffing firms, HR experts and talent managers. The near-normal level of economic activity in retail and hospitality is indicative of a revival in these sectors after a prolonged phase of weakness due to the pandemic and offers a … [Read more...] about Amid startup layoffs, larger job market remains buoyant across sectors
World-class ‘aerocity’ rising
DREAMGATEWAY Exterior design of SMC’s P740-billion New Manila International Airport in Bulakan, Bulacan, the single most expensive infrastructure project in Philippine history. —CONTRIBUTED PHOTOS Ramon S. Ang is never out of new ideas, especially when it comes to expanding the business and economic footprint of one of the country’s largest conglomerates, which he heads. When we sat down for an interview recently, however, the president and CEO of San Miguel Corp. (SMC) seemed more focused than usual on one particular project—one mega project which, by his own admission, will only start making money two decades after its completion. At a total projected cost of P740 billion ($13.5 billion)—to be financed solely by the company without a single centavo of funding from the government—the new Manila International Airport in Bulakan, Bulacan, is the most expensive infrastructure undertaking in the country’s history whether by a public or private entity. “This is a legacy project … [Read more...] about World-class ‘aerocity’ rising
Iran nuclear talks with US to resume soon, Tehran and EU say
Representative image (Source: Reuters) Iran’s indirect talks with the United States on reviving the 2015 nuclear pact will resume soon, Iranian Foreign Minister Hossein Amirabdollahian told a joint news conference with the EU’s foreign policy chief in Tehran. ”We are prepared to resume talks in the coming days. What is important for Iran is to fully receive the economic benefits of the 2015 accord,” said Amirabdollahian, adding that he had held a ”long but positive meeting” with the European Union foreign policy chief Josep Borrell. Borrell said: ”We are expected to resume talks in the coming days and break the impasse. It has been three months and we need to accelerate the work. I am very happy about the decision that has been made in Tehran and Washington.” … [Read more...] about Iran nuclear talks with US to resume soon, Tehran and EU say