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Man applied for leave to visit ancestors grave, boss demanded photos of the tombstones as proof
- An employee in Hong Kong applied for leave to attend the Ching Ming Festival, a traditional event for honoring ancestors.
- The employee's boss requested that he send pictures of his ancestors tombstones as proof of the purpose of his leave.
- The demand for proof has sparked outrage on social media, with many calling it an invasion of privacy and a violation of traditional customs.
- The incident highlights the need for greater cultural understanding and sensitivity in the workplace, and for clearer guidelines and regulations around employee rights and employer responsibilities.
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Zoho doesn't require employees to be fluent in English for most jobs
- Zoho CEO Sridhar Vembu criticized "elite India" for its English language obsession, stating that employees at his company do not need to be fluent in English.
- Vembu's comments come in response to trolling of Assam's CM Himanta Biswa Sarma, who was called a "copy-paste CM" after a video of him filling details in a visitor's book went viral.
- Vembu tweeted that the bias that people who do not speak fluent English are stupid is prevalent among the "elite India," and progress can only be made when this bias is eliminated.
- According to Vembu, Zoho does not require English fluency for most jobs, and he believes that this will help more people get access to employment opportunities.
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Leadership feels lonely at top, I've faced it: Infosys' Narayana Murthy
- Infosys co-founder NR Narayana Murthy spoke about his experience with leadership while addressing a gathering at the release of Madan Mohanka's biography.
- Murthy mentioned that leadership can feel lonely at the top, but it is also about doing the right thing and raising the confidence of those who look up to you for guidance.
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Meet the highest paid bankers in India and their whopping salaries
- Top Indian bankers earn crores in salaries, with Uday Kotak leading the pack with a net worth of USD 16 billion with a yearly salary of Rs. 3.24 crore.
- ICICI Bank CEO Sandeep Bakhshi's yearly salary amounts to Rs 7.08 crore, thanks to the bank's rising profits.
- Axis Bank's Managing Director Amitabh Chaudhry has an annual salary of Rs 6.01 crore, owing to his top-level experience at Infosys and HDFC Bank.
- HDFC Bank CEO Sashidhar Jagdishan's total compensation is reported to be Rs 6.51 crore, making him one of the highest-paid bankers in India.
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Meet Rekha Jhunjhunwala, the Indian entrepreneur on the Global Rich List
- Rekha Jhunjhunwala emerges as the top Indian entrant in the 2023 M3M Hurun Global Rich List.
- Rekha inherited the wealth and stock portfolio from her late husband Rakesh Jhunjhunwala, known as the Big Bull of the stock market of India.
- Late Rakesh Jhunjhunwala had an estimated net worth of $5.8 billion as of August 2022, according to Forbes.
- Rekha Jhunjhunwala publicly holds 29 stocks with a net worth of over Rs 25,655 crore and earns up to Rs 650 crore approximately per month.
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Mamaearth's co-founders share insights on work-life balance.
- Mamaearth's co-founders Ghazal and Varun Alagh shared insights on work-life balance at Business Today's 'Most Powerful Women in Business' awards event in Mumbai.
- According to Varun, setting boundaries between work and home didn't work out, and work conversations are exciting for them.
- Ghazal said balance is a myth, and the key to work-life balance is prioritizing different aspects of life, which they learned through experience.
- Amid delay delay in IPO offerings, the couple plans to continue owning over 97% stake in the company for the long-term.
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Is lack of recognition from bosses driving employees to quit their jobs?
- A recent study shows that employees are more motivated to stay in their jobs when they feel valued and have a sense of belonging, even more than pay, work-life balance, and well-being.
- According to a survey of more than 15,000 employees, 52% of employees reported feeling undervalued by their managers as a significant factor driving them to quit their jobs due to a lack of recognition and appreciation.
- The COVID-19 pandemic emphasized the importance of human connection in the workplace, making it critical for managers to recognize and acknowledge their worker's contributions.
- Managers who fail to appreciate and recognize their employees risk losing them to competitors.
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How the Millionaire Club's quest to live forever could benefit humanity
- Ultra-rich members of the R360 club are seeking immortality and longevity through investments in research and access to Harvard University's "scientific ambassador."
- Peter Fioretti, a member of R360, has reversed his cardiac age by 25 years and aims to live to 120 years old while maintaining his mental and physical faculties.
- R360, a networking club with a net worth minimum of $100 million, includes members' families and has about 100 members overall since its founding in 2020.
- The search for immortality among the ultra-rich highlights growing concerns about inequality in access to healthcare and life-extending technology.
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Microsoft CEO Satya Nadella reveals his secret to career success
- Satya Nadella never had the ambition of becoming Microsoft's CEO, but believed in the importance of his current role.
- Nadella's most important learning in his 30 years at Microsoft is to not wait for his next job to do his best work.
- He believes that growth comes from what one is doing currently and that one cannot grow if they don't have this mindset.
- Nadella climbed the corporate ladder for 22 years, adapting to fast-changing market conditions and attributing his success to his growth mindset.
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Former tuition teacher turned entrepreneur builds Rs 102 cr blue-collar job business
- Trina Das is an entrepreneur from West Bengal who launched multiple successful startups over the years.
- She started with weekend classes in maths and science, and within a year, she had 1800 students at her coaching institute.
- Trina later founded Talent Labs Private Limited, a HR recruitment firm that pivoted during the pandemic to focus on blue-collar jobs.
- Her company Gigchain provides workers to companies' services and has a turnover of Rs 102 crore, with clients including Amazon, PayTM, Uniper, ICICI, and Havells.
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Elon Musk Scolds President Joe Biden on Twitter
- Elon Musk recently took to Twitter to criticize President Joe Biden's climate action amidst the ongoing banking crisis in the US, which has seen the collapse of several banks.
- Musk, who has become increasingly critical of Democrats and Biden, has been using Twitter to promote conservative values and fight what he calls the "woke mind virus."
- His comments have sparked a debate among Twitter users, who are divided on whether Biden's climate action or the banking crisis should take priority.
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Why Ashneer Grover believes that serving notice periods is not always necessary?
- Ashneer Grover spoke at the IMT-Ghaziabad and advised against succumbing to the pressure of serving a three-month notice period.
- “Sachai ko samjho na…If a company says three months notice period, tu agle din chala ja, koi kuch nahi ukhaad sakta…", Ashneer added.
- Grover emphasizes the importance of doing a cost versus benefit analysis and realizing that no company would have the time or resources to take an employee to court.
- He cautions against listening to HR personnel blindly and encourages employees to understand the reality of employment clauses and notice periods.
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Shaadi.com CEO Anupam Mittal undergoes surgery, says ' Manzil jab aur dur ho jaaye, fight harder'
- Anupam Mittal, CEO and founder of Shaadi.com, recently disclosed that he broke his left arm and underwent surgery.
- Mittal experiences hardships as a result of his intense training. The Shark had surgery recently, and a support band is now wrapped around his arm.
- “Manzil jab aur dur ho jaaye … fight harder. Anupam captions the post. Fans have expressed their concern for Anupam's health and wished him a speedy recovery.
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Ace startup mentor Ashok Jhunjhunwala says entrepreneurs must be ready to fail multiple times
- Ashok Jhunjhunwala, the President of IIT Madras Research Park and Padma Shri awardee, advised aspiring entrepreneurs against entering the field if they require immediate financial returns.
- According to Jhunjhunwala, entrepreneurship demands resilience and persistence in the face of failure, and a willingness to start over and try again.
- Jhunjhunwala emphasized that entrepreneurship is a complex and multifaceted discipline, requiring the acquisition of multiple skills in order to succeed.
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How one HR professional who was laid off by Meta landed a new job in just 3 months
- Lorena Diaz Alvarez, a former HR professional at Meta who was laid off in November 2022, has announced that she has found a new job just three months after the layoff.
- Alvarez shared her experience and tips for job hunting on LinkedIn, including taking time for self-care, framing job targets to specific companies and job titles, improving CV/LinkedIn profile, preparing for interviews, and networking.
- She also urged hiring managers and recruiters to be mindful and provide feedback to candidates during the hiring process.
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