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Corporates play a significant role in shaping the future of today’s youth

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Throughout history, young people have been at the centre of growth and progress. They are not only bringing enormous potential, but they are also ushering in a new culture based on their personal experiences, distinct viewpoints, aspirations, and work expectations. Corporations have a tremendous impact on today’s youth’s future. Giving wings to their dreams, preparing them for the future, and learning from them is a prime individual and social obligation. 

Develop Emerging Leaders

According to a young talent management firm, young individuals have the potential or ability to absorb information early in their careers, and that it is critical for an organization’s principles, tactics, and goals to align with the preferences of young people. Young people require platforms that allow them to engage with a variety of organizations, ideally across geographical boundaries, to solve problems, exchange ideas, and develop innovative solutions. 

Fiserv’s ‘Technology Analyst Program’ (TAP) recruits new talent from the country’s top engineering schools. Its goal is to create a more adaptable and diversified workforce that is knowledgeable about the industry in which we operate. Associates can participate in a worldwide orientation, specialized business training, and mentoring as part of this program, and become part of the leaders of the future.

Flexibility to Learn. Grow. Explore.

Online learning initiatives that provide opportunities to upgrade abilities in a variety of sectors aid in the development of a trained workforce that is easily available. They also give our young students the opportunity to pursue their personal career goals. ‘Find Your Next,’ the company’s internal talent mobility program, is an enterprise framework that enables our bright employees to learn, grow, explore other roles, and advance in their careers.

Engaging Workplace Experiences

The workplace experience delivered through the associates’ life cycle could be the single most important aspect to keep young professionals engaged. Work-life balance, holistic wellbeing, community contributions, empathy, strong culture and values, growth, and learning opportunities are taking centre stage. Digital transformation should not be restricted to a section of employees, but rather open for all. Innovation comes from people and providing the right ecosystem to fuel it is imperative.

Young and brilliant professionals enter the industry with a desire to study, become financially self-sufficient, and acquire expertise. According to the National Young Professionals Association, organizations and leaders must work together to develop a culture of collaboration and inspiration for these young professionals to reach their full potential.

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Business

Facebook to rebrand the company ‘Metaverse’

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Facebook is the world’s largest, and arguably most influential, social media platform, with more than 2.8 billion monthly active users and a net worth as of now of $1 trillion.

It’s safe to say that the majority of our lives rely on Facebook. Recently, Facebook, the parent company of Instagram and WhatsApp, hit the headlines when it went dark for six hours, causing havoc all over the world.

According to a report by The Verge, Facebook is planning to rebrand the company with a new name to focus on building the metaverse. Metaverse, as the term suggests, is a virtual-reality space in which users can interact with a computer-generated environment and other users.

According to the report, CEO Mark Zuckerberg will reveal the company’s new name on October 28 at the annual Connect conference, but it could be announced sooner.

Facebook, which aspires to be renowned for more than just social networking, revealed on Sunday that it will hire 10,000 people in Europe over the next five years to help construct the metaverse, which the corporation regards as critical to its long-term success.

In July, Zuckerberg said that Facebook’s future lies in the virtual metaverse, in which users will live, work and play inside.

Facebook already has more than 10,000 employees who build consumer hardware like AR glasses that Zuckerberg believes will be as ubiquitous as smartphones.

The company wants to be known as much more than a “social media” company, and is promising to change the way humanity interacts.

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One to lookout for: Rakesh Jhunjhunwala invests in a furniture startup!

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Rakesh Jhunjhunwala, often referred to as India’s own Warren Buffett, is an ace investor with a track record of successful investing. Many treat him as a bellwether, and look to him for guidance and inspiration when it comes to navigating the vagaries of the investing landscape. And so, it would be of interest to investors to know that India’s Big Bull has out his money where his mouth is and invested in a furniture-based startup, Arrivae.

What is Aarivae?

Founded in 2017, Arrivae is a customized full home interior solution provider that enables customers to get the house customers want. From designing the finest homes by some of the finest architects and interior designers to material supplied by some of the most credible vendors. It specializes in providing practical solutions for various situations. Arrivae works in four simple steps; meeting the designer, designs made for customers, intelligent manufacturing and lastly concierge services.

Arrivae raised Rs 50 crore in its first round of external funding, backed by ace investor Rakesh Jhunjhunwala. Enam family, Siddharth Yog (Founder, Xander Group), Anand Jain (Chairman, Jai Corp), Harsh Jain (Founder, Dream 11), and Ramesh S. Damani (Chairman, DMart) all participated in the fundraising round.

“At Arrivae, we’re still in the early phases of our plan to build India’s most comprehensive home renovation ecosystem. Partnerships are important to us at Arrivae because they help us build brand confidence in the ecosystem, especially among customers.” said founder Yash Kela.

Kela rounded things off by saying, “All the veterans who have participated in this round will enable more faith in the Arrivae brand.”

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Business

The right pricing will be crucial for the launch of Zydus Cadila’s vaccine.

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The destiny of Zydus Cadila’s Covid vaccine is in doubt, as the vaccine’s price appears to be delaying its introduction into the vaccination program. The business has received emergency use authorization from the FDA to inject its Covid vaccine, ZyCoV-D, to children aged 12 to 18.

Zydus Cadila, located in Ahmedabad, has imported the pharmaJet, a needle-free applicator for painless intradermal vaccine delivery. 

Each jet is responsible for delivering a specific amount of vaccination. 

As a result, a single dose is split into two shots, one for each arm. “It’s an expensive device and hence jacks up the overall price,” a government official said.

Around 20,000 dosages can be administered with the jet injector.

The government has been purchasing Covaxin at 225 per dosage and Covishield, another Covid vaccine developed in India, at 215 per dose.

The price of the Zydus Cadila vaccine, according to Health Secretary Rajesh Bhushan, will be significantly more than that of existing vaccines.

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