India's serious hunger problem, How TCS is cutting costs, and more news
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India has “serious” levels of hunger. The country ranked 102nd among 117 nations on the 2019 Global Hunger Index, trailing neighbours Pakistan, Bangladesh and Nepal. India was the worst performer on child wasting (low weight for height) at 20.8% and a laggard on stunting (37.9%), though it made slight improvements on under-five mortality and undernourishment. The country’s dismal show comes at a time when hunger levels seem to be moderating globally. The findings are in line with a recent report that said malnutrition caused two in three under-5 deaths in India. Join the conversation.
Tata Consultancy Services is rationalising its workforce pyramid to cut costs, Economic Times reports, citing company executives and analysts. India’s largest software service exporter is over-indexing on younger engineers (less than four years’ experience) with digital skills and hiring fewer employees with progressively more experience. TCS has also increased the proportion of performance-linked pay for experienced techies as part of the rejig. Experts feel the company will need to trim its middle and senior management, which may include steps like “performance appraisal-related exits,” if it wants to rebalance the pyramid. Join the conversation.
GVK Group-managed Mumbai International Airport Limited has come under the government’s scanner, multiple publications said. The infrastructure major confirmed that the corporate affairs ministry has ordered a scrutiny of MIAL’s books of accounts but denied TV reports that the notice followed a whistleblower complaint. GVK has been fighting it out with the Adanis to acquire the 13.5% stake held by its JV partner Bidvest in MIAL. The Adani Group is betting big on the aviation space, having won the right to operate six domestic airports earlier this year. ?Join the conversation.
American academics and corporates are batting for easier H-1B visas to overcome a talent crunch. Sixty CEOs and deans of B-schools (including Stanford, Duke, Yale and Columbia) have written an open letter to President Donald Trump citing a “crisis”: Despite 3 million open STEM jobs, positions are going unfilled. The letter suggested removing country caps and creating a ‘heartland’ visa to encourage immigration to regions with the maximum job potential. The Graduate Management Admission Council says fewer students are applying to top American MBA programmes – applications fell 9.1% this year after 7% in 2018. Join the conversation.
Companies in India and the Asia-Pacific trail their global peers in adoption of emerging technologies for treasury functions, finds a survey by DBS Bank. Part of the reason is ambiguity around ownership: nearly a third of India Inc’s CFOs and corporate treasurers feel digital is the CTO’s domain. Over 87% think execution of challenges and delivery of outcomes was a key risk, while one in two believe there’s a lack of talent to execute digital transformation. The biggest roadblocks to adoption? Managing the “unknown” consequences of tech solutions and high costs. Join the conversation.
Idea of the day: Closing the gender gap means teaching adolescents why equality matters, says Bridget Lohrius, founder of Tin Roof Communications.
“It… would help to educate adolescents around why gender equality matters. How balance helps drive community and commerce.”
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Head Cashier at Citykart Retail Pvt. Ltd.
5 年126.com
Shop Manager at Shop To Earn
5 年I see Newspaper About Thumb
CEO @ WAVEFORMS | Power Quality Filters & APFC Products Expert
5 年The Indias Growth is solely dependent on its people, its skill, its educational levels, its culture, its efficiency, its proficiency, its creativity and its thought. We are lagging behind, because of the above points. we are not competitive, our quality mindset falls short of global mindsets, we have too much of wastage, We are unproductive as our priorities are different, our focus is not on economics. Our human resource management is poor. We are too involved in trivial, contentious and vexatious issues, We are our country divided on religious, caste and region and therefore the absence of synergy. Poverty and illiteracy is a curse, and is pulling us down. We have malnourished children and stunted growth physical and cognitive. The big businesses detachment from the reality is apathetic and insensitive as much as it is shocking.Our products dont carry any brand image as in the cases of the smaller countries like switzerland, germany, sweden or even Korea. Just think of Nestle, volvo, ABB, Samsung.? There has to be a paradigm shift in the way we think and act. None of our Industries other than the Tatas( though limited) have a? global image. We have a long way and that would begin only from the people, not Top down.
G V S SARMA
5 年Freedom of speech is a good tool. Critics can express their opinion with proper analysis. The educated illiterate people and politician follow what their leader express, even though it is not in line of their thinking.
President - Research (Field Crops) Seedworks International Pvt. Ltd.
5 年No body wants to address the root cause of hunger, unemployment, rising health cost, unrest, pollution, global warming and many more such issues. The root cause is only and only population explosion. May be God will take care of this some day.