As the words Unicorn and Decacorn catch up in the global startup industry, there is a momentum in similar manner in India. As of April 2021, there are 600 unicorn companies worldwide, and India contributed around 4.9% in the unicorn segment. However, the country is yet to open account with Decacorn.
According to NASSCOM, the trade association of Indian IT BPM industry, India added 12 unicorns in 2020, bringing the total Unicorn to 39, making it the third largest in the world. Startups raised approximately Read more [...]
Ford Motor Company, the world's biggest carmaker will cease its operations in India after 25 years of business in the country. According to the automaker, it would be difficult to return to profitability in India in the near future, since it incurred a $2 billion loss. Ford India will close its manufacturing in Sanand, Gujarat, by the fourth quarter (Q4) of 2021, and it will close its Chennai facility by the fourth quarter (Q4) of 2022, After MAN Trucks, General Motors, Harley Davidson, and Read more [...]
Semiconductor chips widely now as the new oil or gold are made of silicon, which is a strong electrical conductor. These chips are incorporated into microcircuits, which power wide range of contemporary electronic products and components. These semiconductor materials are used in all active components, integrated circuits, microchips, transistors, and electronic sensors. With technological advancements in many industries, semiconductors are literally the "heart" of billions of goods ranging Read more [...]
InsurTech is rapidly and silently growing across the insurance industry which will have wider ramifications in the industry in the coming years. InsurTechis mainly the use of technology innovations to bring higher operating efficiency in the insurance industry. Most of the major insurance companies have implemented one or other forms of technology which would result in faster enrolment, quicker processing, and reduce the scope for errors in its cycle. The recent advancement of InsurTech will Read more [...]
Analytics is the interpretation of data patterns that aid decision-making and performance improvement. The concept of Analytics can be widely used in Human Resource (HR) management as well. HR analytics is a data-driven approach to managing people at work. HR analytics, also known as people analytics, workforce analytics, or talent analytics, revolves around analyzing people's problems using data collected to answer critical questions about an organization. The Analytics in HR involves the Read more [...]