#EXCLUSIVE | @upGrad_edu is rushing its employees back to #Mumbai and #Bengaluru offices— and relocating many without more money or temp accommodation
@upGrad_edu@RonnieScrewvala@SanchDash It’s not just that people who decided to move back home during the lockdown are being called back. Even those who were hired to work in other cities are being moved either to #Bengaluru or #Mumbai.
@upGrad_edu@RonnieScrewvala@SanchDash Employees have less than a week to comply with the order. And they have not been offered additional money or support in terms of temporary accommodation.
@upGrad_edu@RonnieScrewvala@SanchDash What makes it difficult for those who were remotely working for upGrad is that they have less than a week to comply with the order.
@upGrad_edu@RonnieScrewvala@SanchDash “Earlier, we were told that work from home has been extended to June 2021 and that if there’s any change we will be given a one month notice,” an employee told Business Insider. The hurried shift could be many times more difficult for employees with children and dependent parents
@upGrad_edu@RonnieScrewvala@SanchDash Scaling up at that speed required the company “to review and restructure its people’s policies, as employees prepare to continue working remotely till June 2021,” according to a press release in November, 2020.
@upGrad_edu@RonnieScrewvala@SanchDash According to many employees, the pressure is mostly on the sales team. “Revenues have dipped in January is what we have heard,” said at least a couple of sources that Business Insider spoke to.
➡️ @chowbotics was founded in 2014 by Indian American Deepak Sekar. Sekar is a graduate from @iitmadras.
➡️ The 38-year old Sekar moved on from the founder role in 2019. He is currently on the Board of Directors in the company and runs an AI edtech firm Prof Jim.
The state-owned power distributor in Tamil Nadu, one of India’s more developed states, is losing ₹2.2 on every unit of power sold. This has led to a debt pile up of over ₹1.13 lakh crore ($15.4 billion).
Now, a Bengaluru-based research group @ClimateHorizons, has come up with a plan to save the company and consumers’ money on electricity bills.
The cash-strapped discom Tamil Nadu Generation and Distribution Corporation (TANGEDCO)...
@SanchDash#MasayoshiSon, the founder and CEO of #SoftBank, and a long-time friend of #Alibaba founder #JackMa, said that the Chinese crackdown on Alibaba is the same as anti-trust regulations that have existed since a long time in the US or European countries.
@SanchDash Whereas in #China, according to Son, internet companies had a free hand, where they could do whatever they wanted.
@IndiaMART@DineshAgarwal@SanchDash On Friday, it rose to almost 10 times that number to ₹9,925 . In the last one year alone, the value has multiplied nearly 4 times.
President's address to joint sitting of Parliament was of hope, way forward during these challenging times: PM @narendramodi in Rajya Sabha
(PTI)
@narendramodi India is truly a land of opportunities; country cannot let go opportunities that have come during challenging times: PM @narendramodi in Rajya Sabha