The Government of India created quite a flutter when it previously announced its plans to replace foreign language training in schools with Sanskrit, mid-term. The Government decided to roll back its decision this week and formed a 17-member committee to create a fresh language policy for schools. The committee will be headed by experienced academician and Pro-Vice-Chancellor of JNU, Kapil Kapoor.
Several appointments were announced this week. GS Sachdeva was appointed as CEO of Jubilant Pharma, while Baroda Pioneer Asset Management Company announced the appointment of Oliver Bilal to the post of CEO. Besides that, the multi-national Business Process Outsourcing company, EXL appointed Deborah Kerr to its Board. At the same time, the long-standing leader of Axis Capital, Nilesh Shah, who was the MD and CEO, quit the company to join Kotak Asset Management Company.
The Coal workers strike made news this week as it disrupted production and had a chain effect on other infrastructure-based services in India. The strike, affecting almost 70 per cent of the country’s coal production was called off after the Coal Minister Piyush Goyal intervened and had a marathon round of talks with the coal unions.
Some bulk hiring decisions were made this week. Among them, prominent ones include Amazon’s decision to hire 8,000 by March this year to grow and strengthen its logistics and delivery function. A Delhi-based startup, HUM4U, also announced that it plans to hire more than 5500 employees this year, including customer service staff and leaders.