TRAINING STRATEGY
Air India to set up pilot training school at Amravati
The aviation landscape in India is witnessing a transformative phase with major players like IndiGo, Akasa, Air India, and the GMR group investing in extensive training programs to meet the surging demand for skilled pilots and engineers. Air India's Amravati pilot training school is set to be operational by Q1 FY26.
Skoda Auto CEO's strategy for Indian market: Humility, learning, customer focus and a new partner
Skoda Auto's CEO Klaus Zellmer highlights India's pivotal role in the company's global strategy, noting it as the most attractive and competitive auto market. With a robust development base in Pune, Skoda plans to leverage India's potential for expansion into ASEAN and the Middle East.
Aligning business goals and decoding employee behaviour: A modern strategy for MSMEs
Alignment between business goals and employee behaviour is not a one-time effort but an ongoing process that requires continuous attention and adjustment.
Force Motors partners with EY Parthenon India for digital transformation program
Force Motors has partnered with EY Parthenon India to undertake a digital transformation programme aimed at boosting innovation and productivity across its value chain. The collaboration will focus on redesigning Force Motors' digital landscape, implementing advanced digital platforms, technologies, and solutions for customers, and enhancing its capabilities and security.
US aircraft carrier arrives in South Korea as a show of force against nuclear-armed North Korea
A U.S. aircraft carrier, the USS Theodore Roosevelt, has arrived in South Korea for a joint exercise involving Japan, aimed at bolstering military readiness against North Korean threats. The exercise, called Freedom Edge, follows heightened tensions after a security pact between Russia and North Korea. The U.S., South Korea, and Japan are increasing military cooperation, with the USS Roosevelt strike group expected to participate in the drills. The group will later head to the Middle East to promote regional stability and protect commerce.
Virat Kohli expected to shine on big stage as India ponder over Kuldeep question
In the opening Super 8 fixture of the T20 World Cup, India faces Afghanistan in Bridgetown. Virat Kohli aims to regain form while Kuldeep Yadav hopes for a chance. The Indian team ponders over including Kuldeep in the playing eleven, balancing spinners and pacers. Skipper Rohit Sharma eyes a winning combination with all-rounders like Hardik Pandya and Ravindra Jadeja. The match is crucial for India's batting lineup, led by Kohli and supported by Suryakumar Yadav and Hardik Pandya.
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China competes for influence in the South Pacific
The South Pacific, dotted with small and vulnerable island states, has become a battleground for influence between China and the traditional benefactors of Australia, New Zealand, and the USA.
Skills minister Jayant Chaudhary calls for a renewed focus on ITIs
Skills Development Minister Jayant Chaudhary emphasized revitalizing Industrial Training Institutes (ITIs) and advocated for blended learning approaches at ITIs and National Skill Training Institutes (NSTIs). At a review meeting of the Directorate General of Training (DGT), he underscored enhancing industry collaboration through flexible partnerships and dual training systems. Chaudhary highlighted the modernization of ITIs with updated infrastructure, relevant curricula aligned with market needs, and specialized training programs.
Air India to start own flying school, in a first in country
In preparation for an anticipated pilot shortage, Air India plans to establish a school in Amravati, Maharashtra, aimed at training up to 180 pilots annually. Prospective pilots without prior flying experience can enroll in the full-time academy, offering them a clear path to eventually join Air India's cockpit upon completing subsequent stages of training.
12 Lessons from Polls 2024
Lessons in governance and strategy for corporate India from the 2024 Elections and the formation of the third NDA government include the importance of competition, cooperation, feedback, communication, supply chain management, consumer knowledge, CEO dynamics, outsider directors, underdogs, and consistent performance.
Trans-Europe express: How Indian businesses can sustain and grow in Europe
India's recent free trade agreement with the European Free Trade Association presents significant trade opportunities with the EU. However, Indian businesses must comply with new EU supply chain laws to sustain and grow in Europe. Key legislative changes include deforestation regulation, corporate sustainability and due diligence directive, and forced labor regulation.
US military completes major exercise in Africa and works to deepen partnerships
The U.S. and top African allies conducted the African Lion military exercise in Morocco, addressing new challenges in volatile regions. The exercise showcased joint military operations and emphasized a holistic approach to instability issues beyond military solutions.
Over 40 pc ads in Cricket World Cup 2023 promoted smokeless tobacco brands: Study
According to the study conducted by a group of experts from the Indian Council of Medical Research (ICMR) and Vital Strategies, of the total 41.3 per cent surrogate advertisements of smokeless tobacco (SLT) brands, 39.9 per cent were telecast during India's matches and 37.8 per cent during matches featuring one or both teams from South Asia (Afghanistan, Bangladesh, Pakistan and Sri Lanka).
Why young traders are losing money in options
Options trading has lured young traders with the promise of quick riches through social media hype. However, a recent study found that 85% of young traders incur losses within their first year due to a lack of understanding of options strategies.
How a family of four unlocked the secrets of Switzerland: 25+ cities, 11 days, Rs 90,000!
A family from India shares their budget-friendly European vacation in Switzerland, highlighting the Swiss Travel Pass as a key to savings and convenience. They utilized free travel for children, museum entry, and discounted excursions, making the pass cost-effective. The family's travel hacks included using the SBB app, embracing public transport, and exploring lesser-known destinations like Gstaad and Mürren. Lessons learned emphasize planning, using public transport, and exploring beyond tourist spots for budget adventurers.
Revolutionising the workplace: GenAI could help Indian workers save millions of working hours
Generative AI (genAI) is sparking awe and fear due to its potential impact on work. A Pearson report examines genAI's workforce impact in multiple countries, revealing potential time savings in IT, manufacturing, and law. Employers and employees are urged to embrace training and redesign roles to focus on higher-value tasks.
Writing is easy, not living: Challenges in implementing family business constitutions
Numerous families face difficulties in actualizing the principles outlined in the document into practical, everyday reality. We discuss here the key challenges encountered in implementing a family business constitution.
Create joint culture: CDS Gen Chauhan to armed forces as govt looks at rolling out theatre commands
Chief of Defence Staff Gen Anil Chauhan emphasized the significance of theatre commands, marking a milestone in India's military preparedness and warfighting capabilities. He urged the armed forces to foster a joint culture and embrace "jointness 2.0", aiming for integrated operations and optimal resource utilization amidst evolving security challenges.
Want a commercial space in Delhi-Meerut RRTS stations? NCRTC is asking for bids
The NCRTC has invited bids for leasing commercial space at three stations along the Delhi-Meerut RRTS corridor to boost non-fare revenue. Funding from international banks supports the project, set to transform real estate markets in Ghaziabad, Meerut, and surrounding areas. By 2031, the stations are expected to cater to 100,000 passengers daily, enhancing investment prospects.
MSDE firms up strategy for trainers’ development; proposes blending of digital and classroom learning
The strategy, developed by the Future Right Skills Network (FRSN), lays out a blueprint to improve the efficiency of existing trainers through recognition, performance evaluation, motivation, and up-skilling and will be validated in different Indian states.
Assertive communication: A must-have skill in the arsenal for freshers
Freshers face various workplace challenges, but assertive communication is key for success. It involves clarity, confidence, and respect, essential for effective leadership. By developing this skill, entry-level professionals can enhance collaboration, navigate conflicts, and advance their careers. Overcoming challenges and cultivating assertiveness can lead to professional growth and positive outcomes.
EV components maker Matel raises $4 million in funding
Matel makes components like power trains and motor control units for EVs. This funding round saw participation from investors like Nikhil Kamath-backed Gruhas and from Haresh Abichandani, the founder of electronic components firm Millenium Semiconductor.
Indian companies show interest in impact investing but face challenges: Deloitte CSR survey
Deloitte India's CSR preparedness survey reveals that only 28% of Indian organizations feel very prepared for impact investing, despite high interest. The study shows a shift towards CSR as a strategic driver of corporate strategy, with increased investment in technology solutions and focus on accountability.
China is raising bullet train fares as debts and costs balloon
China raises bullet train fares to address rising costs and debts, impacting public services, state-owned enterprises, and international trade. The country shifts focus to high-tech manufacturing amid concerns over debt sustainability and global competition.
D2C brands step up hiring to drive offline push
D2C (direct-to-consumer) companies in Bengaluru are increasing their offline presence and hiring talent to support their brick-and-mortar expansion. Licious, Noise, and Wakefit.co are among those seeking individuals with hyperlocal understanding, online and offline expertise, and experience in digital, ecommerce, and supply chain. Wakefit.co is employing a 'train and hire' approach, training freshers before they start in stores.
IIM Shillong placements recorded highest CTC of Rs 71.50 lakh
IIM Shillong's 2022-24 batch achieved a highest CTC of Rs 71.50 lakh per annum, with significant improvements in placements across various domains. The institute's focus on excellence and quality education reflects in the lucrative job offers received.
The young backroom players playing a big role in this year's polls
These are grads hired in large numbers by consulting firms specialising in communication and public relations, and well entrenched in the political space.
ET Road Safety & Safer Mobility Forum: Experts spotlight strategies for elevating employee well-being and operational efficiency in transportation
Global road fatalities dropped by 5%, but India saw a 15% rise. The ET Road Safety & Safer Mobility Forum discussed safety culture and technology's role in employee transportation. Leaders emphasized driver safety, tech integration, and collaborative efforts for a safer future.
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