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Uber Court Decision Recognises Workers' Rights

Scoop 

Currently regarded as contractors by Uber, this court decision means that drivers will be recognised as employees and have the employment rights they have always deserved. This a victory for workers and shows the law works as it should,” said Labour workplace ...

Tinubu to inaugurate N178bn Onne terminal next week

The Punch 

The President, Bola Tinubu, will officially inaugurate the upgraded West Africa Container Terminal in Onne, Rivers State, next week Wednesday, the terminal operator disclosed in a statement on Sunday. According to the statement, the unprecedented upgrade project valued at $115m, approximately N178.2bn, commenced at WACT in 2021. It added that the terminal operated by APM

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Gig worker demand set to rise 40% during festive season peak

Economictimes.indiatimes.com 

As the festive season kicks in, the demand for gig work riders employed by quick commerce platforms may grow by as much as 40% on peak demand days from the current level of about three to four lakh riders, industry executives told ET. Ecommerce and food delivery platforms may hire about 20% more gig riders.

Tata Digital rolls out Esops for its senior execs to push performance

Economictimes.indiatimes.com 

Tata Digital has launched a new employee stock option plan (Esop) for the top deck under chief executive Naveen Tahilyani amid significant turnover in the company's senior leadership. It is following new-age companies like Flipkart and Razorpay that employ Esops as a retention tool and a wealth-creating method for employees.

A’s roster moves: Hernaiz optioned, Wilson ready for return

Athletics Nation 

Cary Edmondson-USA TODAY Sports

Reinforcements?

The A’s announced a major roster move just before hitting the road for Cincinnati, activating star prospect Jacob Wilson off of the IL and adding him back to the major league roster:

A’s have optioned Darell Hernaiz to Triple-A Las Vegas. Likely creates an opening for Jacob Wilson to return from the IL.

— Martín Gallegos (@MartinJGallegos) August 25, 2024

Yes, yes, we may be getting ahead of ourselves here but the writing is clearly on the wall. Читать дальше...

Uber to bring ‘Black’ back in big premiumisation push

Economictimes.indiatimes.com 

Uber is reviving its high-end Uber Black service in India, starting with a phased rollout in Mumbai, as the company focuses on upgrading its services to cater to the premium segment. The launch is anticipated to take place within the next few weeks.

Banks up tech hiring with RBI pushing for enhanced risk management

Economictimes.indiatimes.com 

In response to the RBI's increasing focus on financial sector stability, banks are bulking up their technology capabilities by expanding their tech teams and increasing IT investments. This comes amid the growing importance of cybersecurity and the need to adopt AI-driven services, which are becoming essential components of the banking industry.

Automakers’ tech alliances threaten IT’s ER&D bastion

Economictimes.indiatimes.com 

Volkswagen-Rivian, Volkswagen-Xpeng, Honda-Nissan and Volvo AB-Daimler Truck are some of the deals that went through in 2024 to develop software and vehicle architecture. These partnerships are likely to hurt Indian IT firms' business, and likely to pull down the total tech spending.

Temasek in talks for up to $150-million bite of Rebel Foods

Economictimes.indiatimes.com 

Temasek, Singapore's sovereign wealth fund, is in advanced talks to lead a $100-150 million investment in Rebel Foods, the parent company of brands such as Faasos and Behrouz Biryani, sources said. Started in 2011 by Jaydeep Barman and Kallol Banerjee, the company plans to go public in the coming 1-2 years.