Friday, March 5, 2021

March 5, 2021 - Ireland to Malta, UAE to Belgium -- all want Indian nurses, offer better pay and perks

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TradeBriefs Editorial

From the Editor's Desk

How Managers Become Leaders

Few managerial transitions are more difficult than making the move from leading a function to leading an entire enterprise for the first time. The scope and complexity of the job increase dramatically, in ways that can leave executives feeling overwhelmed and uncertain. It truly is different at the top. But how, exactly? Career transition expert Michael Watkins set out to explore that question in an extensive series of interviews with leadership mentors, HR professionals, and newly minted unit heads.

Continued here


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Top Story
Ireland to Malta, UAE to Belgium -- all want Indian nurses, offer better pay and perks
Ireland to Malta, UAE to Belgium -- all want Indian nurses, offer better pay and perks
Kerala govt’s overseas employment body alone has sent 253 nurses abroad from 1-23 Feb, over 6 times its usual monthly number. Dubai is offering Rs 2 lakh/month salary.


Top Story
C-Suiters: Who moved up the corporate ladder this week
C-Suiters: Who moved up the corporate ladder this week
A weekly list of C-Suiters who have moved up the corporate ladder either within or outside their companies


Retail
Walmart's Flipkart considers US listing with SPAC as option
Walmart's Flipkart considers US listing with SPAC as option
The Bengaluru-based online retailer has been weighing a US initial public offering and it's now also looking at other options, the people said. Flip..

Retail
India's record-high petrol and diesel prices threaten road to recovery
India's record-high petrol and diesel prices threaten road to recovery
Gasoline prices were at an all-time high of ₹97.6 a litre in Mumbai on Tuesday, while diesel sold for a record ₹88.6, data from state-run Indian Oil Corp. show.India is the world's third-biggest buyer of oil and higher prices inflate the import bill, and can cause the rupee to weaken

Retail
Scramble for warehouses amid boom in online retail
Scramble for warehouses amid boom in online retail
Demand from e-commerce companies has set off a scramble for warehousing space—so much so that malls, marriage halls, auditoriums and high-street stalls that had shut down amid the pandemic are now being used for storage.



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Retail
Traders' body urges Amazon to 'back off' from RIL-Future deal
Traders' body urges Amazon to 'back off' from RIL-Future deal
Around 6,000 Indian small vendors and suppliers have dues of Rs 6,000 crore from the Future Group, traders body AICPD said in an open letter

Retail

Retail
Karachi Bakery's Mumbai branch shuts down, MNS claims credit but store manager cites business losses
Karachi Bakery's Mumbai branch shuts down, MNS claims credit but store manager cites business losses
Last year, workers from the MNS and Shiv Sena criticised the bakery for what they claimed was a 'Pakistani name'.

13 More Retail Stories


Finance
Ease of Living Index: 10 best cities to live in India; Bengaluru comes first, Pune second

Ease of Living Index; check top 10 cities in India: Bengaluru tops list followed by Pune, Ahmedabad, Chennai, Surat, Navi Mumbai, Coimbatore, Vadodara, Indore, and Greater Mumbai





Finance
INTERVIEW: Bootstrapped online travel aggregator EaseMyTrip makes its way to the public markets

EaseMyTrip, an online travel aggregator, is set to launch its ₹510 crore IPO on March 8, 2021The 13-year old company has never raised money from private equity

Finance
ICICI, HDFC, SBI will have to offload Rs 1.2 lakh cr if RBI caps stake in insurance arms: Report

​​ Quoting unnamed RBI officials, a media report earlier this week said the monetary authority is not comfortable with banks owning controlling stake in non-core businesses like insurance ventures which are capital guzzlers and wants banks to cap ownership in insurance arms/ companies at a maximum of 20 per cent.

Finance
SoftBank's back, but Masa's aura is waning

Can Masayoshi Son restart 2021 with a clean slate and re-emerge as the premier venture capitalist? The jury is out.Even if its stock price has hit dot-com bubble levels, there are aging unicorns hanging around in its Fund. Also, SoftBank's attempt to ride the SPAC boom comes across as flawed.

19 More Finance Stories


Food/FMCG
Open letter to Amazon! Distressed FMCG retailers pen their worries

FMCG distributors, dealers and suppliers have written to Amazon challenging their position on FRL-RIL deal and penning their concerns of pending payment of dues by FRL.



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Food/FMCG
This bean-to-bar chocolate brand wants to redefine chocolates for Indian consumers, clocks Rs 1.25Cr turnover

Mumbai-based craft chocolate brand Ambriona Chocolates was founded in 2015 by Shahzad Anklesaria to offer real chocolate flavours to Indian consumers.

4 More Food/FMCG Stories


Software
Wipro started as an oil mill 75 years ago. Today it bought a UK consulting firm for $1.45 billion

While analysts and industry watchers concurred that it was a bold move, they also expressed concern because integrating a consulting firm is not easy, simply because the culture and cost structure are completely different.

Software
Cyber attack: 'Reasons for startups' data breaches go beyond lack of focus on securing apps, websites'

Hackers are becoming more and more interested in the data of Indian consumers. 2020 saw a series of startups' data breaches which left consumers and even businesses asking one question - How secure are we?

17 More Software Stories


Ecommerce
Wipro Consumer to launch online-only brands from overseas portfolio in India

For the company, the India market registered a 13.5% growth year-to-date till the December quarter. Demand was led by brands such as Santoor and Max Kleen floor cleaners, among others.



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Ecommerce
Agencies in APAC raced to ready themselves for ecommerce's explosive growth in 2020 | Advertising

As clients chased after homebound consumers, agencies rushed to retool their capabilities and reskill their employees to capitalise.

Ecommerce

38 More Ecommerce Stories


Digital
What's the problem with Cyrptocurrency Bill? Industry insiders explain

The proposed bill to ban cryptocurrency in India has spooked existing Bitcoin and other crypto investors, it is also keeping prospective investors at bay. However, some crypto experts see a silver lining. They say at least the government has finally start

Digital
MX Player likely to enter unicorn club with fresh $100mn+ funding: Report

The report says that the company is in talks with existing and new investors to raise $100-$150 million in new round



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Digital
Google's interest-based user targeting to improve advertising impact: Experts

On Wednesday, the search giant said it will start testing user targeting based on their interest and browsing behaviour ensuring not only user privacy but also showing relevant advertisements. .The decision comes right in the middle of an ongoing user privacy debate triggered by multiple events

Digital
Razorpay announces ESOP buyback worth $10 million

The Bengaluru-based start-up with an employee base of 1,350 had entered the Unicorn club in October last year, after it raised $100 mln Series-D funding at a valuation of $1 billion

11 More Digital Stories


Franchise

Franchise
CEO Special: How The Belgian Waffle Co. opened 18 new outlets from June-Oct 2020

It has been a tough one year for the Retail Sector. The onset of COVID-19 and the shutting down of stores and malls indefinitely was a challenge no one had predicted. Millions of retail employees lost their jobs.  Retailers were left with little manpower as workers migrated to their native places, and with each day turning […]

3 More Franchise Stories



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HR
Shiv Shivakumar: How to deal with the ten most important career dilemmas

All of us go through career dilemmas at some point. Shivakumar discusses the top ten dilemmas that we may experience and backs them with research and data to analyse how we can make better career moves. In his book, 'The Right Choice', he says India produces nearly half a million MBAs every year but less than 5 percent of an IIM batch makes it to the CEO's office, thus explaining that merely possessing a degree from a prestigious institute does not guarantee a ticket to the corner office. He discusses the importance of career moves, board membership and CEO's dilemmas

HR
Article: How an early-career HR professional can future-proof their career? — People Matters

The expectations from the HR function have clearly evolved over the years From a cost center to a business partner to an advisory role Know how an early-career HR professional can plan their career for the future

15 More HR Stories


Logistics
India proposes inclusion of Iran's Chabahar Port in International North South Transport Corridor

"INSTC is an important trade corridor project, wherein India is partnering with 12 countries to establish an economic corridor for the benefit of our peoples. We also welcome the interest of Uzbekistan and Afghanistan to join the multilateral corridor project. Establishing an eastern corridor through Afghanistan would maximize its potential," Foreign Minister S Jaishankar affirmed while addressing the Chabahar Day at the India Maritime Summit.

Logistics
How IATA digital travel pass will help international flyers in Covid-19 times

The global airlines' body is in talks with leading Indian airlines to sign them up for its digital travel pass



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Logistics
Gujarat leg of bullet train may start first if land issues in Maharashtra not resolved: NHSRCL

The NHSRCL has acquired 95 per cent of the land for the 352-km stretch of the project in Gujarat, but has been able to acquire only 23 per cent of land for the 156-km stretch in Maharashtra.

26 More Logistics Stories


Construction
Mumbai: SoBo luxury apartments sold for Rs 1.67 lakh per sq ft

Mumbai is full of contrasts. While on one hand the coronavirus-induced lockdown left many people jobless, on the other hand, it enabled the rich to get richer.

Construction
Underground tunnels to link Prime Minister, Vice President's homes to new Parliament: Report

The new Parliament building will have a triangular shape and is expected to be completed by the 75th anniversary of India's independence in 2022. The government plans to hold the monsoon session of Parliament in 2022 in the new building.

Construction
Godrej Interio bags three contracts for Bengaluru, Mumbai and Kochi metro projects

The scope of work for the metro projects includes carrying out the civil finishes, cladding, block works, facade glazing, metal ceiling, aluminium louvres, structural steelworks, plumbing, railing and horticulture



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Construction
Cheapest home loan interest rates: SBI vs Kotak Mahindra Bank vs HDFC

State Bank of India (SBI), Kotak Mahindra Bank, HDFC have reduced the interest on home loan rates

8 More Construction Stories


Marketing
Explained: How Google plans to serve ads once cookies are dead

The decision will have a significant impact on digital advertising given that Google Chrome is the most popular browser across the world.

Marketing
Oreo-maker drags Parle to court for 'copying' cookie design

Intercontinental Great Brands allege that Parle's Fabio is 'deceptively similar' to Oreo in design

Marketing
From stitching in Dharavi, selling on streets, to getting funded by boss: 5 inspiring stories of Indian bag brands

The Indian market for bags is expected to grow annually at a CAGR of 7.5 percent between 2021 and 2025, with many Indian bag brands coming to the fore.

7 More Marketing Stories


Politics
Indian-Americans Taking Over US: Joe Biden At NASA Meet
Indian-Americans Taking Over US: Joe Biden At NASA Meet
Indian-Americans are taking over the country, US President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.

Politics
China Sets Growth Target Of "Above 6%" For 2021
China Sets Growth Target Of
China's leaders set an economic growth target of "above 6 percent" for 2021 on Friday, at the opening of the country's annual legislative session.

12 More Politics Stories


Sports
Saina Nehwal biopic: First Bollywood sports film of 2021 to hit screens 26 Mar
Saina Nehwal biopic: First Bollywood sports film of 2021 to hit screens 26 Mar
Bollywood's love for sports biopics may have been long been evident, but the Hindi film industry seems to be slowly turning to the specific genre of women and sports films to drive theatrical audiences

Sports
No fans from abroad for postponed 2021 Tokyo Olympics
No fans from abroad for postponed 2021 Tokyo Olympics
The postponed Tokyo Olympics will take place without any fans from abroad when they open in just under five months

7 More Sports Stories


Entertainment
After the success of Scam 1992, Applause Entertainment and SonyLIV announce second season of the Scam franchise – The Telgi Story
After the success of Scam 1992, Applause Entertainment and SonyLIV announce second season of the Scam franchise – The Telgi Story
After the success of Scam 1992, Applause Entertainment and SonyLIV announce second season of the Scam franchise – The Telgi Story. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com.

Entertainment
Meghan Markle "Knew It Would Get Ugly" Ahead of Oprah Winfrey Interview: Report
Meghan Markle
Anonymous friends of Meghan Markle spoke with royal biographer Omid Scobie, claiming "nothing will stop" the Duchess from speaking out for her explosive interview with Oprah Winfrey.

11 More Entertainment Stories


Work
Microsoft CEO Satya Nadella: Saying 'my team is great and everyone else sucks' is not leadership
Microsoft CEO Satya Nadella: Saying 'my team is great and everyone else sucks' is not leadership
Satya Nadella's Microsoft has been a kinder, gentler company than it was in the past, and that might have to do with the CEO's more accommodating approach.

Work
Drones could help find tidal energy sites
Drones could help find tidal energy sites
Unmanned aerial vehicles are to be used in scientific trials in Scotland and Wales.

31 More Work Stories


Life
Google is done with cookies, but that doesn't mean it's done tracking you
Google is done with cookies, but that doesn't mean it's done tracking you
A third-party cookie ban won't hurt the search giant's healthy first-party data ad business.

Life

27 More Life Stories


Telecom
Here's how the latest spectrum auction may affect your mobile phone bills and quality of service

The spectrum auction has the potential to change the landscape of the Indian telecom industry – both for the telcos as well as subscribers.As a 2G or 3G user,

Telecom
Airtel raises $750 million via allotment of unsecured senior fixed rate notes

Also, the allotment of USD 500 million subordinated perpetual securities has been completed by Network i2i Limited, a Mauritius-based wholly-owned sub..

11 More Telecom Stories



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