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The UPI lesson that Federal Reserve needs to learn from India

According to Google, UPI was thoughtfully planned and critical aspects of its design led to its success.


Dec 15, 2019, 06.22 AM IST



IITs see a surge in global offers for the class of 2020

International job offers for the Class of 2020 during final placements have jumped upwards by as much as 400%.

Infy BPM is set to scale mount $1 billion in revenue this fiscal

Infosys BPM is expected to nearly double its revenue to $1 billion in the on...

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  • As the world marks the International Day of Persons with Disabilities on Tuesday, MNCs in India and local cos are moving beyond just setting up infrastructure and lip service to making inroads into championing the cause of disabled employees, by providing leadership opportunities, mentorship and making interventions to help chalk out their career progression.

    Monday was the second day of campus recruitment and the premier institute has received offers from companies to the likes of Microsoft (19 offers), Uber, Goldman Sachs (9 offers), JPMC (9 offers), IBM, Nutanix, American Express, Quadeye, Oracle (14 offers), Bajaj, Google, etc.

    Cognizant's decision to move out of content moderation biz has created space for other companies.

    The highest offer for the GMBA program is Rs 45 lakh and the average offer Rs 20 lakh. The Highest Salary in 2019 witnessed a 10% increase as compared to 2018. The Global MBA program is designed for professionals with 3+ years of work experience and the batch has an average work experience of over 6 years.

    The challenge kicked off on August 21, 2019 across campuses, concluded in a grand event in Gurugram where the top 10 teams from each campus presented a case study on disruptive the digital strategy centred around Innovation. The first prize was awarded to the team from IIM (Indian Institute of Management) Bangalore.

    The Draft Personal Data Protection Bill, 2018, which mandates storing of critical personal user data within the territory of India, or data localization, is likely to be tabled in the winter session of Parliament. Multinational companies have previously also opposed India’s moves on data localisation, saying it will drive up costs.

    Multinational technology and digital companies may have to cough up a minimum level of corporate tax. The OECD seeks to use financial accounts as a starting point for determining the tax base and provide guidance to MNCs.

    At XLRI, there has been a 37% increase in summer internship offers from consulting firms compared to last year, with the institute receiving 56 offers from such firms. At IIM Calcutta, three new consulting firms visited for the first time, even as Axis Bank, Yes Bank and Bank of Baroda —which visited last year — did not come in this time.

    The interactive business requires more design as well as user interaction and experience building to hook end customers to a digital product or make a digital experience more enjoyable.

    Tata Consultancy Services, India’s top IT services exporter, said earlier it would be hit by a restructuring at Deutsche Bank, a key client.

    Cognizant saw over 60% of its initial applications rejected, followed by Capgemini, Accenture, Wipro and Infosys.

    There was a record 42% increase in the e-commerce/IT/Operation roles compared to last year with 47 accepted offers from recruiters such as Amazon, Adobe, Flipkart, Google, Media.Net, Microsoft, Ola, Swiggy and Uber.

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