As a part of its expansion plans, Narayana Hrudayalaya, a domestic chain of multi-speciality hospitals, has incorporated a wholly owned subsidiary –NH Integrated Care Pvt Ltd– with a paid-up capital of Rs 5…
Category: Companies
TCS rolls out 100% variable pay to junior employees; mid & senior level staff to get paid based on biz performance
Tata Consultancy Services (TCS), India’s largest IT services exporter, has rolled out 100 per cent variable pay for employees up to C2 grade, while employees above the grade would be…
‘A Mercedes on completing 5 years’: Ashneer Grover’s promise to staff in new startup Third Unicorn
BharatPe co-founder Ashneer Grover has announced his new startup Third Unicorn. The former Shark Tank judge shared details about his new venture on LinkedIn and has invited investors and people…
Unacademy fires 40 employees in subsidiary Relevel; to build LinkedIn competitor NextLevel
Edtech unicorn Unacademy is conducting another round of layoffs as its upskilling platform Relevel is moving away from education business to focus on products pivoting around exam tests and the…
Healthtech start-up Qritive bags $7.5 mn in a Series A round, looks to improve cancer care
Healthcare AI start-up Qritive has raised $7.5 million in a Series A round led by MassMutual Ventures, with participation from SEEDS Capital and Exfinity Venture Partners. The start-up plans to…
4 years’ salary as bonus! This Shanghai-based company’s employees are truly lucky
A Taiwanese shipping company is celebrating a successful year by rewarding employees with massive performance bonuses. According to a Bloomberg report, Evergreen Marine Corp. has given year-end bonuses equal to…
PVR banking heavily on ‘Pathaan’, other Bollywood releases; says 75-80% pre-pandemic footfalls are back
Following a string of big-budget Bollywood releases like Laal Singh Chaddha, Cirkus, Ram Setu, Vikram Vedha, Bhediya that didn’t manage to get the audiences back to the theatres, India’s largest…
Carlyle Group buys majority stake in beauty product brand VLCC
Private-equity firm Carlyle Group said on Tuesday it acquired a majority stake in Indian beauty care and wellness solutions provider VLCC. The equity for the transaction will come from funds…
NCLT rejects Torrent Investments’ plea to halt Reliance Cap CoC’s voting for second auction
The National Company Law Tribunal (NCLT) on Monday rejected a plea by Torrent Investments — one of the bidders for the Anil Ambani-promoted Reliance Capital — that sought to halt…
Now retail investors can invest in interim financing bonds; here’s how
LegalPay, which is the country’s largest litigation funding platform, has launched ‘Interim Financing Bonds’ that will allow retail investors to participate in a segment that is largely seen as an…