Category: Business
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Variable DA Hiked For 1.5 Cr Govt Employees By Upto Rs 205: How Will It Benefit Govt Employees?
The Ministry of Labour and Employment approved a 105 to 210 per month increase in variable dearness allowance for more than 1.5 crore workers in the central sphere on Friday. This will also lead to an increase in the rate of minimum wages for more than 15 million central sphere employees and workers. The dearness…
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TCS Is Hiring BSc, BCA, BCS Via Special Recruitment Drive: Last Date To Apply?
TCS Smart Hiring is an exclusive job opportunity for full-time Graduates from BCA / B.Sc (Computer Science, IT, Statistics, Chemistry, Physics, Electronics, Biochem, and Maths) and B.Voc in CS or IT. The graduates from 2019, 2020 & 2021 batches are eligible to apply. TCS Smart Hiring Process Registration Dates On June 6, 2021, a test…
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Cyber attack: Air India servers hacked, customers’ credit card details compromised
A major cyber attack has hit global airlines including Air India, in which personal data of 45 lakh users have been compromised. The national carrier issued a statement on Friday informing its passengers that its SITA PSS server, which is responsible for storing and processing personal information of fliers, was subject to a cybersecurity attack.…
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Insurance Firm CNA Financial Reportedly Paid Hackers $40 Million in Ransom
U.S. insurance giant CNA Financial reportedly paid $40 million to a ransomware gang to recover access to its systems following an attack in March, making it one the most expensive ransoms paid to date. The development was first reported by Bloomberg, citing “people with knowledge of the attack.” The adversary that staged the intrusion is…
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Wipro CEO Thierry Delaporte earned an annual pay of Rs 37.9 crore in the Financial Year 2020. The annual pay does not include stock compensation and other perks. Wipro CEO is #1 Earner Followed By Infosys And TCS This makes him the highest paid CEO in comparison with other Indian tech giants Infosys and TCS. Former Wipro CEO Abidali Neemuchwala raked in Rs 34 crore during the same period. In comparison, Infosys chief Salil Parekh came in second highest as he earned Rs 34.67 crore after Delaporte. TCS CEO and MD Rajesh Gopinathan earned 53% more in FY 2021 with his salary amounting to Rs 20.36 crore. This amount can be broken up into Rs 1.27 crore of salary + Rs 2.09 crore of benefits, perquisites and allowances + Rs 17 crore constituting the bulk in commission. In comparison, his figures for the previous financial year 2019-20 was Rs 13.3 crore. TCS COO N Ganapathy Subramaniam made Rs 16.1 crore in the last financial year, comprising Rs 1.21 crore in salary, Rs 1.88 crore in benefits, perquisites and allowances, and Rs 13 crore in commission. TCS Report Explains Remuneration Increase Compared To 2020 The annual report of TCS for FY21, where the TCS remuneration figures are sourced from, stated that the 53% increase is not comparable to 2020, the year the pandemic broke out. After the coronavirus contagion became a worlwide crisis and the ensuing economic impact, the Directors decided to take a cut of 15% to their executive remuneration considering the need for the firm to conserve resources and also to express solidarity with the lower colleagues. TCS Rides Growth Wave TCS Chairman N Chandrasekaran said that there are immense growth opportunities for his firm as they ride the wave of new technologies that the pandemic kicked off. He reaffirmed that TCS is the best choice of “transformation partner” for customers given its focus on solutions and belief in its “differentiated capabilities and collaborative approach”. For TCS employees, a workforce standing at 4,48,649 as of FY-end 2020-21, the mean increase in annual pay was 5.2% in the last FY.
Wipro CEO Thierry Delaporte earned an annual pay of Rs 37.9 crore in the Financial Year 2020. The annual pay does not include stock compensation and other perks. Wipro CEO is #1 Earner Followed By Infosys And TCS This makes him the highest paid CEO in comparison with other Indian tech giants Infosys and TCS.…
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Google announces its first-ever physical retail store
In a new blog post, Google announced its “first-ever physical retail store” will launch this summer in the Chelsea neighborhood of New York City. The company says the “Google Store” will feature the predictable assortment of Google hardware like Pixel phones, Nest devices, Fitbits, and everything else the company makes, along with repairs, workshops, and tech support.…
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Flying Taxis Will Be Ready To Transport In Next 3 Years; 90,000+ Jobs Will Be Created!
Urban Air Mobility (UAM) vehicles, or in simple terms flying taxis, have been estimated to arrive in Europe by 2024 as said by the European Union Aviation Safety Agency (EASA). Market Value And Jobs Patrick Ky, EASA Executive Director, said that the organisation has already certified some air taxi designs and approvals could come as…
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Maru Udon Serves The Best Udon Noodles In Town With Dishes Starting At AED 8
Be it Mochi or Ramen, Japanese cuisine is always a treat to our taste buds. And if you are someone who likes to savour Japanese dishes, then you must try Udon Noodles. Udon noodles are authentic Japanese noodles that go well with almost everything. And if you want to try the authentic Udon noodles without…
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Travel Time Between Chennai & Surat Will Cut Down By 6 Hours With This New ₹50K Crore Highway
If you have ever travelled by road from Surat to Chennai, you know that you need around 27 hours to cover the distance. However, with a new, proposed expressway, the distance will be reduced by 6 and half hours. The Union government has approved a ₹50,000 crore expressway project for developing faster connectivity between Tamil…
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This Indian Has Become Asia’s 2nd Richest Person After Beating Chinese Billionaire!
According to the Bloomberg Billionaire Index, as the stock prices of his listed companies soared, Billionaire Gautam Adani has edged past Chinese tycoon Zhong Shanshan to become the second-richest Asian. Till the month of February, China’s Zhong was the richest Asian which, later was clinched by Mukesh Ambani, who happens to be India’s richest person…