
MFIs want their employees, SHG workers to be vaccinated on priority
The Hindu
Microfinance institutions have urged the Centre to consider prioritising vaccinations for their employees and self-help group workers in order to ensure that lines of credit remain open for the poor a
Microfinance institutions have urged the Centre to consider prioritising vaccinations for their employees and self-help group workers in order to ensure that lines of credit remain open for the poor amidst the rising second wave of COVID-19 infections. In a missive to the Ministries of Finance, Home Affairs and Health and Family welfare, the association of community development finance institutions Sa-Dhan on Friday said that micro-finance institutions (MFIs) have been allowed to function just like banks amidst the present spate of partial lockdowns as they perform an essential service for the poor.
GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










