Tata Motors' INR38k crore Iveco buy: Factors that can make investors nervous
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
16 minutes ago
- India Today
Samsung orders 5-day office return for chip staff, adds tool to track coffee badging: Report
Samsung has quietly joined the growing corporate wave of return-to-office mandates, and it's not just asking politely. The tech giant has now rolled out a full five-day office requirement for a section of its US-based semiconductor workforce, and to make sure everyone's showing up, it's launching a compliance tool to track attendance. Yes, even the 'coffee badgers', people who swipe in for a latte and disappear, are officially on to internal emails seen by Business Insider, Samsung implemented the new in-office rule back in July and is closely monitoring how it plays out. The company previously operated under a more flexible policy that allowed employees to work remotely up to two days a week, but that's now been dialled down for select teams.'We look forward to a more consistently full campus environment, where innovation and collaboration can happen in real time,' Samsung wrote in an April email to staff. 'We appreciate our team members' understanding as we evolve certain policies to support this goal.' In a follow-up email sent in August, HR described the early signs as promising. 'The first few weeks have indeed shown increased traffic on campus with parking stations staying full, cafeteria food consumption on the rise, and more smiling faces can be seen in the hallways,' it not everyone seems to be playing along just yet. The same email hinted that compliance could still improve: 'While our absolute attendance number will never be 100 per cent due to a variety of factors including PTO and business travel, we do expect greater presence across all employee populations.'To nudge things along, Samsung is rolling out a new internal tool for managers to track on-site presence. The email calls it a 'V1' version and says it will offer visibility into how many days and hours each employee is spending in the building. That includes spotting those who try to game the system with quick check-ins before vanishing, aka 'lunch/coffee badging'.'This tool will provide each Manager with visibility to the number of days and time in building metrics for each team member,' the email stated. 'This will ensure that team members are fulfilling their expectations regarding in office work, however that is defined with their business leader, as well as guarding against instances of lunch/coffee badging.'Though the tool is functional, it's not perfect yet. Samsung admits that it can't currently integrate time off (PTO) data because it's housed on a different platform. There's hope for a future version that does, but for now, managers are encouraged to use the tool as a conversation starter rather than a hard enforcement nuances like customer visits, business travel or occasional exceptions are also unlikely to be included in future updates. Employees are being urged to communicate clearly with managers about personal situations that may require flexibility.A Samsung spokesperson confirmed the return-to-office policy applies to a specific group within its US semiconductor division but declined to provide further move places Samsung alongside other big names in the corporate world, from Amazon and AT&T to TikTok and Dell, who are ditching hybrid work in favour of full-time office returns. While many companies are hoping for better collaboration and innovation, they're also increasingly relying on digital tools to ensure desks aren't just gathering Samsung puts it: more bodies on campus, more food in the cafeteria, and, apparently, more smiles in the hallways. Just don't try to badge in for a coffee and sneak back out, Big Tech is watching.- EndsTune InMust Watch
Time of India
17 minutes ago
- Time of India
He worked 70 hours a week building a startup until his child asked a simple question that changed his life and leadership style
The emotional blind spot behind startup success Leadership redefined Why this moment matters in the hustle culture debate When Cache Merrill founded his software development startup Zibtek in 2009, he was already juggling more than most—three young kids aged 1, 4, and 7, and the relentless ambition to scale his business. Like many in the startup world, Merrill quickly got swept into the vortex of 60 to 70-hour work weeks, late-night client emergencies, and a schedule that barely left room for dinner at the it wasn't the pressure from investors or clients that forced him to reassess his routine—it was a simple question from his child: 'Daddy, why don't you eat with us anymore?'In a candid Business Insider article, Merrill opened up about the emotional toll of missing school performances, bedtime routines, and even casual conversations with his children. He admitted that while his spouse was understanding, the disappointment in his kids' eyes cut deeper than any business loss.'The guilt,' Merrill noted, 'is a constant companion.'This reflection echoes a growing conversation around the personal cost of startup culture , particularly in the wake of controversial viral statements like US-based Indian founder Neha Suresh's claim that '80-hour weeks aren't extreme. It's baseline.' While such statements fuel the 'grind till you make it' narrative, founders like Merrill are beginning to question if that hustle is truly worth it—especially when it risks the very relationships that ground Merrill, the turning point wasn't just about being a better dad—it became about being a better leader. "Prioritising family taught me patience, empathy, and clarity,' he reflected, noting that these are now core values he brings into boardrooms and brainstorms gradually began drawing firmer boundaries: turning off his phone during family time, opting for check-ins with his now grown-up children, and striving to delegate more responsibilities within his team. His aim wasn't just a better work-life balance—it was sustainability, both at home and in story arrives at a time when the glorification of overwork is facing increasing pushback. From Infosys co-founder Narayana Murthy 's 70-hour work week call to Neha Suresh's now-infamous 14-hour day tweet, the tech industry continues to wrestle with where ambition ends and burnout as neurologist Dr. Sid Warrier recently pointed out on the For a Change podcast, the stress of long hours depends less on the clock and more on the emotional load. 'It's not about work or not work—it's about stress and no stress,' he said, emphasizing that purpose and connection play a vital role in mental resilience Now in his late 40s, Merrill still logs long hours, but with greater intention. His kids, now aged 16 to 23, no longer need bedtime stories—but they do appreciate nightly conversations and the presence of a father who has learned to show up in full.'As they've grown, so have I,' Merrill shared. 'Being fully present—even if just for a few moments—can mean more than being physically around all day.'
New Indian Express
26 minutes ago
- New Indian Express
Public sector banks see headcount falling nearly 10% from FY21 to FY25
MUMBAI: Increasing technology adoption, coupled with slower than needed recruitment to replace retiring staffers as part of cost-cutting given the margin compression banks have been experiencing since the pandemic, has seen eight of the 12 public sector banks having a lower number of employees at the close of fiscal 2025 than they had in the year to March 2021. While these 12 banks led by the State Bank of India (SBI) had 8,31,630 employees on their rolls as of March 2021, the number fell to 7,58,172 in March 2025, a decline of 73,458 in this period, according to the annual reports of these banks, which did not specify whether all of this is due to retirement or if there are other reasons like annual attrition. While the decline in percentage terms is the steepest at the Chennai-based Indian Overseas Bank which saw its staff strength plunging by 11% to 20,966 in FY25 from 23,579 in FY21, in absolute numbers, the declining trend is captured the best by the nation's largest lender SBI, which saw its headcount fall by 10,132 from 2,46,353 to 2,36,221.
