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HinduBusinessLine

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CXO job search: The playbook

  • Over the last 12 months, 45,000 senior leaders with a median tenure of 2.8 years changed jobs in India, which is a clear indicator of the opportunities in roles like GM, Director, and VP.
  • The external hiring market is demonstrating a new trend.
  • Many executive search firms operate on the principle of People for Jobs, not Jobs for People.
  • Cementing relationships with search firms is a great insurance for repeat opportunities in a long career. But would the consultants find you worthy of meeting without an active mandate?
  • Leadership roles are the most vulnerable during times of crisis, and it will cause no harm building some serious relationships in our alumni group.
  • All leaders are passive job seekers until the right opportunity arises.
  • Previous bosses or peers will often recommend leaders for new opportunities.
  • Staying in touch with former colleagues and industry contacts is increasingly important in a world full of opportunities.
  • Leaders can subtly remain on the radar of key people in their network through social media and personal connections.
  • Building solid relationships help leaders maintain passive job-seeking status and strengthens alumni networks.

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HinduBusinessLine

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Tata Sampann launches Easy Cook Ragi Atta 

  • Tata Consumer Products has launched Easy Cook Ragi Atta, an innovative product that simplifies incorporating millets into everyday meals.
  • The Easy Cook Ragi Atta overcomes traditional challenges associated with millet-based flour, such as kneading and rolling.
  • It saves time and effort by offering an easy-knead formula that requires regular water to make crack-free rotis.
  • Tata Sampann Easy Cook Ragi Atta is available in 500g packs, priced at ₹90, and can be purchased online.

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Medium

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OCEAN PROTOCOL - Meet Ocean : Tokenized AI & Data

  • Ocean Protocol is a decentralized data exchange protocol that allows individuals, businesses, and AI to unlock the value of data.
  • It enables organizations to publish, consume, and monetize data securely and privately.
  • The native token of Ocean Protocol is called OCEAN, used to incentivize data sharing and compensate providers.
  • Ocean Protocol empowers individuals and organizations to share, control, and monetize data while preserving privacy and security.

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Cryptoadventure

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THOTIANA Launches Memecoin Presale with BONUS Airdrop Opportunity on Solana Network

  • THOTIANA, a new meme coin on the Solana network, has launched its presale.
  • The presale offers early investors a chance to receive bonus airdrops.
  • THOTIANA has an ambitious roadmap, including marketing campaigns, liquidity provision, and a full audit.
  • The project aims to address inflation and donate a portion of funds to a charity chosen by the community.

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HinduBusinessLine

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Colt Technology Services collaborates with Infosys to accelerate its digital transformation program

  • Colt Technology Services collaborates with Infosys to accelerate its digital transformation program
  • Infosys will help Colt boost its innovative product roadmap and grow its managed network-as-a-service and application-centric infrastructure solutions
  • Enterprises will benefit from Colt's SD WAN, SASE and Network-as-a-Service solutions combined with Infosys' digital transformation offerings
  • The collaboration aims to enhance efficiency, agility, customer experience, and accelerate Colt's transformational digital initiatives

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HinduBusinessLine

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R&D expenses of top IT services firms stagnate in last 10 years

  • R&D expenses of top IT services firms have stagnated at 0.5-1.2% of revenue over the past 10 years.
  • TCS and HCL Tech spend more on R&D compared to Infosys and Wipro.
  • TCS has consistently spent 1.1-1.2% of revenue on R&D since FY16.
  • Global tech majors like Microsoft, Amazon, Meta, and Alphabet have higher R&D spending ranging from 11-28% of revenue.

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HinduBusinessLine

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523

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‘Amazon, Flipkart will join ONDC if it makes business sense’

  • Amazon and Flipkart are open to joining the ONDC (One Nation One Digital Platform) if it aligns with their business goals.
  • DPIIT senior official stated that it is voluntary for them to participate and the migration process may take time.
  • ONDC CEO mentioned that Amazon and Flipkart are in discussions with the government on integrating with ONDC.
  • Over 125 start-ups, including major players like EaseMyTrip and PolicyBazaar, signed a Letter of Intent (LOI) to collaborate and onboard with ONDC.

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HinduBusinessLine

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LatentView Analytics eyes data engineering space as its next possible target for acquisition

  • LatentView Analytics is actively considering the data engineering space as a potential area for acquisition.
  • The CEO, Rajan Sethuraman, mentioned that the company is exploring prospects in the Data Engineering space and has scheduled a meeting in Pune.
  • The company is also looking at opportunities in the BFSI and Retail sectors, particularly in combination with Data Engineering for Financial Services companies.
  • LatentView Analytics is optimistic about the current timing for acquisitions due to the more realistic valuations available in the market.

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HinduBusinessLine

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U.S. Polo Association launches new store in Bengaluru

  • U.S. Polo Association has launched a new store in Bengaluru as part of its expansion strategy
  • U.S. Polo India is the third-largest licensee of the brand globally
  • The new store offers a wide range of products including clothing, footwear, and accessories
  • The brand now has over 400 stores and 2000 shop-in-shop outlets across India

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HinduBusinessLine

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340

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Sadhav Shipping starts ferry service for ONGC offshore staff

  • Sadhav Shipping has started a ferry service for ONGC offshore staff.
  • The company has purchased and mobilized a ship for ₹64 crore and signed a five-year contract with ONGC for about ₹150 crore.
  • The ship, Sadhav Anusha, is equipped with business class seats, a dynamic positioning system, gyro stabilizer, and motion compensated gangway.
  • This ferry service is expected to relieve the stress on services provided by helicopters, which were traditionally used by employees.

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Gritdaily

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Aleph Zero Launches Alephoria: Exciting Airdrops, Tournaments, and Rewards Await Users

  • Aleph Zero, the privacy-oriented layer 1 blockchain, introduces Alephoria to attract new users to its ecosystem with airdrops and promotional activities.
  • Aleph Zero offers fast transactions, privacy through ZK technology, and compliance with AML/CFT regulations, making it appealing to users, developers, enterprises, and regulators.
  • The native coin, AZERO, provides utility by facilitating web3 developers, staking opportunities, and participation in ecosystem-wide airdrop campaigns.
  • Alephoria features several upcoming campaigns, including projects such as DRKVRS, Abax, Upcade, Kintsu, and Aleph Zero x Galxe Takeover, offering gaming experiences, lending protocols, staking, and NFT rewards.

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Tech Story

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Goodbye Twitter, Hello X! Twitter Officially Rebranded with New Name & URL

  • Following Elon Musk’s 2022 acquisition of Twitter, the platform has been rebranded as "X".
  • The transition includes a new logo, a rebranded subscription program called "X Premium," and a redirect from Twitter.com to X.com.
  • Opinions on the rebranding are divided, with some welcoming the change while others have concerns about disruptions and nostalgia for the original Twitter.
  • Potential areas of focus for X include prioritizing free speech, integration with other Musk ventures, and exploring decentralization.

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Engadget

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650

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Yuck: Slack has been scanning your messages to train its AI models

  • Slack has been scanning user messages, files, and content without explicit permission for training its AI models.
  • The training process is opt-out, meaning users' private data is automatically used unless the organization's Slack admin requests to opt out on behalf of the users.
  • Customers are required to contact Slack's Customer Experience team to request the opt-out, as users cannot do it themselves.
  • Slack's privacy policies and statements regarding data usage for AI training have inconsistencies, leaving room for confusion.

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Medium

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182

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Mastering The Art of Sales: Understanding the Thorough Practice of Engagement in Any Negotiation.

  • Mastering the art of sales is all about understanding the concept of engagement in any negotiation, no matter the environment.
  • Mirroring body language patterns, such as leaning in or crossing your arms at the right moment, can greatly impact your ability to get your point across.
  • Building rapport and personal engagement is essential, including understanding their deepest values, interests, and aspirations.
  • Avoid complaining and focus on asking insightful, non-threatening questions, guiding the conversation in a positive direction.
  • Pay attention to nonverbal cues, such as eye contact, facial expressions, posture, and gestures, to read people effectively.
  • Always take responsibility for your mistakes, learn from them, and focus on improving your engagement skills, leading to unbreakable relationships and positive referrals.
  • Understand that success often lies in the details, especially the non-verbal cues, which can make or break a sale.
  • Control your emotions, start conversations on neutral ground, and avoid negativity, highlighting positives instead of badmouthing competitors.
  • Remember that sales isn't about picking your environment or the choice of atmosphere; you go where the prospect wants.
  • Maintain respect and understanding, and you'll turn prospects into lasting relationships, mastering the art of sales.

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Medium

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The market’s zeitgeist is determined by Nvidia’s earnings.

  • Nvidia, which has dominated the Nasdaq’s 6.5% increase throughout the last month with a 11.4% development, will report monetary first-quarter income on Wednesday, May 22.
  • Nvidia has sent off a fresher and more costly series of man-made reasoning centered designs handling units called Blackwell, building a directing lead in the worldwide computer based intelligence store network for hyperscalers like Microsoft, Alphabet, Meta Platforms and Amazon.
  • Nvidia’s more extensive association with the tech-market general climate, may demonstrate similarly as significant as examiners and financial backers hope to its finish of-year estimates to legitimize both the Nasdaq’s 13.1% addition up to this point this year and the many billions in capital spending arranged by its greatest clients.
  • Wall Street analysts see Nvidia’s benefit rising more than fivefold from a year sooner to $5.58 an offer, or $13.86 billion, over the three months finished in April.
  • S&P Worldwide’s Speculation Director List, distributed May 14, showed value risk craving flooded to a more than long term high this month, refering to S&P 500 profit potential over rate cut hopefulness.
  • Stocks could likewise get their hotly anticipated rate cut following the more slow than-anticipated April expansion perusing and indications of a debilitating work market in the late spring months.
  • A tentative Took care of, or even one substance with holding rates consistent into the year’s end, a versatile economy and reliably further developing corporate profit ought to set the market up briefly half.
  • “Then consider lower rates are reasonable coming, on account of expansion that ought to definitely work on the last part of this current year.
  • Data from two closely tracked Wall Street surveys published last week also suggested investors were seeing a clear path to new all-time highs, even if the Fed keeps to its word and holds rates steady until year-end.
  • It is a political decision year, so anticipate a few knocks, however in general the positively trending market that began in October 2022 is fit as a fiddle,” he added.

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