India's jobless rate drops to four-month low as coronavirus ebbs
India’s jobless rate fell to the lowest level in four months in July, adding to signs of a nascent recovery in the economy where sales tax collections and demand for some commodities have signaled a rebound.
Insurance startup Policybazaar files for Rs 6,018 crore IPO
SoftBank Group-backed online insurance aggregator Policybazaar has filed for an initial public offering of up to Rs 6,018 crore ($809.36 million), joining a string of Indian startups that have tapped capital markets in recent months.
India's factory growth rebounded in July, hiring resumed after 15 months
Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday.
Unacademy raises $440 million from Temasek, Softbank Vision Fund
Ed-tech company Unacademy said it raised $440 million in a funding round led by Singapore's Temasek and other investors such as General Atlantic, Tiger Global, and Softbank Vision Fund, which valued the company at about $3.5 billion.
Zoom to settle US privacy lawsuit for $85 million
Zoom, the videoconferencing firm, has agreed to settle a class-action US privacy lawsuit for $85 million, it said Sunday. The suit charged that Zoom's sharing of users' personal data with Facebook, Google and LinkedIn was a breach of privacy for millions.
Digital payment platform Square to buy Afterpay for $29 billion
Square, founded by Twitter boss Jack Dorsey, announced on Sunday it will acquire Australia's Afterpay Limited for $29 billion. Afterpay specializes in the "buy now, pay later" model that offers users staggered payments, often without extra charge.
Desperate employers dangle signing bonuses to lure in workers
News/Business: While pandemic job losses linger in the economy, some companies are struggling to find employees. A review of popular job listing sites in Canada showed companies ranging from retailing giant Amazon to small, local enterprises are offering signing bonuses to lure workers to jobs like delivery drivers or hair stylists.
Diageo offers both genders parental leave of 26 weeks
Diageo India has rolled out a family leave policy as part of move to further gender equality and build a more inclusive and progressive workplace. The policy offers all eligible employees a 26-week parental leave, comprising all benefits and bonuses, irrespective of gender or sexual orientation.