Yahoo to be renamed Altaba after selling operating business to Verizon; CEO Marissa Mayer to walk away with $23 mn

13-06-2017

Yahoo, on Tuesday, announced that it has completed the selling of its operating business to Verizon Communications Inc. for $4.48 billion.Mayer, CEO of the company since July 2012 is expected to receive a payment that is worth more than million. (Reuters) Yahoo, on Tuesday, announced that it has completed the selling of its operating business to Verizon Communications Inc. for $4.48 billion. According to CNBC, the assets of the company, that include Yahoo Finance would be added with AOL brands like the Huffington Post, under a subsidiary that would be known as Oath. Former CEO of AOL, Tim Armstrong will reportedly be heading the subsidiary that houses more than 50 media and technology

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Infosys salary hikes: IT major to deny raises for bottom rung staff in FY18
June 12, 2017

As part of its new strategy, the company will be more selective in doling out increments this yearTalking to FE, Richard Lobo, executive vice president, Head HR – Infosys, said, “There will be a percentage of people who will not get anything this year.” (Reuters) IT major Infosys will give no annual salary increase to a certain

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The inspiring story behind India’s first solar ferry
June 12, 2017

Despite having 14,500 km of navigable waterways, water transport remains highly underutilised in India; additionally, only 0.5 percent of movement occurs in inland waters. This is a fraction of the water transport that exists in countries like China, Bangladesh and Germany, where the inland movement is in excess of 10 percent.One of the main

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59 Percent of Indian Population Will Become Internet Users Says a Cisco Visual Networking Index Report
June 10, 2017

The Internet is playing a huge role in India and in the next few years, there will be a massive rise in the total number of internet users. Digital transformation will continue to drive IP traffic in India with the projected increase in Internet users from 373 million in 2016 to 829 million or 59 percent of the Indian population in 2021, says a

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President of India lays foundation stone of Driver’s Training Institute and Secondary School at village Dhaula under SMARTGRAM Initiative
June 3, 2017

The President of India, Shri Pranab Mukherjee laid the foundation stone of a Driver’s Training Institute and a Secondary School under the SMARTGRAM Initiative at village Dhaula, Gurugram (Haryana) today (June 2, 2017). Three new Pradhan Mantri Kaushal Kendras (PMKKs) at Mahendragarh, Ambala and Palwal were also inaugurated. Speaking on the

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MDWS adopts 2 Ganga Grams in collaboration with Faith Organisations
June 3, 2017

Today, in an event organised in Uttarakhand at village Veerpur Khurd on the bank of River Ganga, Union Minister for Drinking Water and Sanitation, Shri Narendra Singh Tomar commissioned two Ganga Grams in the presence of various faith leaders led by Swami Chidanand Saraswati, co-founder of GIWA (Global Interfaith WASH Alliance). Two villages in

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Mumbai’s ‘Dirtiest’ Beach Is Finally Clean. 5 Million Kg Filth Removed From Versova
May 22, 2017

Versova beach, located in north-western Mumbai, was one of the dirtiest beaches of the city before the locals decided to clean up the filth. Mumbai's 'Dirtiest' Beach Is Finally Clean. 5 Million Kg Filth Removed From Versova Versova beach, located in north-western Mumbai, was one of the dirtiest beaches of the city before the

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