Author: Kashmeera Sambamurthy

ED demands details on Paytm Payments Bank’s overseas transactions

In early February, a media report surfaced that the ED had begun probing into One97 Communications on suspicion of violation of foreign exchange rules. However, the firm has denied these allegations. (Image source: Amazon)

In early February, a media report surfaced that the Enforcement Directorate (ED) had begun probing into One97 Communications on suspicion of violation of foreign exchange rules.

Paytm: Our recruitment partners continue to see high interest from top talent in the country

It has been stated that several players such as PhonePe, Google Pay, and banks such as HDFC Bank and State Bank of India (SBI) are deploying several thousand salesforce to attract merchants which include kirana stores and retailers. (Image source: Moneycontrol Hindi)

Paytm, which is estimated to have over 30,000 employees, Reet Bhambhani, senior partner of banking, financial services and technology at EMA Partners India, highlighted that they are witnessing high traction for leadership roles at Paytm across engineering, business and product streams.

Infosys under scrutiny for failure to deliver on new campus and employment opportunities

In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore. (Image source: Unsplash)

In April 2023, Infosys had released an annual report where the IT major had stated that they would set up offices in Indore, Navi Mumbai, Nagpur, Hubbali and Coimbatore.

Allied Blenders and Distillers appoints Jayathirtha Mukund as head – investor relations and chief risk officer

Prior to joining ABD, Jayathirtha Mukund was associated with Raymond Limited, Reliance Communications Ltd., Adventity Global Services, Vodafone Essar Ltd, Stratcap Securities (India) and Zuari.

Jayathirtha Mukund will be responsible for investor management and relations, risk management practices and environmental, social and governance reporting. His experience will also be instrumental in enhancing ABD’s risk strategies and enabling best practices in compliance.

Nachiket Deshpande and Sudhir Chaturvedi top contenders for LTIMindtree’s CEO role: Reports

Nachiket Deshpande, chief operating officer, and Sudhir Chaturvedi, president, are touted as the top contenders for the CEO position. This is because the board prefers to have an insider who could handle the responsibilities of the position, stated the report. (From left to right: Nachiket Deshpande and Sudhir Chaturvedi)

Nachiket Deshpande, chief operating officer, and Sudhir Chaturvedi, president, are being considered to succeed Debashis Chatterjee, chief executive officer, whose term will end late 2025.

Why Indians are biting the Apple?

A ruling is likely to take several years and until then, Apple will have to pay the fine and comply with the EU order.

Local manufacturing set up by Apple in India allowed the phone prices to be competitive vs rest of the world.

LED board ads distracting; Karnataka HC issues notice

The introduction of Roadside DOOH units in India also spurred creativity, with brands and agencies exploring dynamic, enhanced, and experimental creatives, incorporating effects like sparklers, outlines, and special borders. (Image source: IndiaMART)

The petition highlighted that the bright LED lights could lead to visual disturbance, discomfort, and temporary blindness during nighttime.

Punit Goenka says ZEE’s “tightening belt on manpower”, calls for “frugality’; some layoffs likely

The company's focus has been on "frugality", optimization, and quality content, after the ZEE-Sony merger collapsed in January 2024. As part of the restructuring efforts, Goenka streamlined and revamped ZEEL's technology and innovation centre, resulting in a 50 percent reduction in its workforce at the end of March 2024. (Image source: Moneycontrol)

Punit Goenka had said “no layoffs” due to the failed Sony merger, after the deal with Sony crashed in January. Now he warns of some layoffs as Zee revisits plan as standalone entity after Sony terminated the merger