Latest news with #ManavJain
Hindustan Times
15-07-2025
- Business
- Hindustan Times
India's rebel franchise golf league likely to start in January
New Delhi: The inaugural edition of the rebel Indian Golf Premier League (IGPL) will take place next January in a six-team, home and away format, league director Manav Jain announced on Tuesday. The league will be played across four weeks and will involve 60 golfers -- 10 in each team. The launch of the Indian Golf Premier League. (IGPL) The franchises are expected to be based in Delhi, Chandigarh, Ahmedabad, Bengaluru, Kolkata, and Mumbai, although a formal announcement is expected in October- November. Each franchise will have an icon player. Indian stalwarts Shiv Kapoor, Gaganjeet Bhullar, Jyoti Randhawa, Jeev Milkha Singh and SSP Chawrasia are expected to don the role. 'We will have a home and away concept for the first three weeks, which will eventually lead to the grand finale week,' Jain said. The players will be picked from a 'strategic auction' that will be held later this year,. The league will be played in a no cut, three-day stroke play format. 'There will be no financial exchange to get the players. For the first three years, all the players have been contracted by us and they are part of the package that we offer to the franchise owners. The franchises will have notional money to build the best team,' Jain said. The auction pool will comprise golfers drawn from the IGPL Tour, Indian Golf Union (IGU) and Women's Golf Association of India (WGAI). The IGPL Tour, a proposed entity parallel to the official Professional Golf Tour of India (PGTI), is expected to take off in September. Spread across six cities and 10 weeks, it will also be held in a three-day, no-cut format. PGTI president Kapil Dev wrote to all its members last month warning of disciplinary action if they participate in the rebel tour. Jain hoped IGPL and PGTI could co-exist. 'There is enough room for two tours to survive. Unfortunately we could not come to any agreement with the PGTI. We waited to work with the PGTI for almost 15 months and once we could not come to an agreement, we had to make good on our promises to our own investors, our own partner ecosystem. We had to pivot and we decided to create the tour in this form,' he said. 'Every week, we will have six invitations that can be extended to anybody who is wishing to play.'
Time of India
04-07-2025
- Business
- Time of India
Moonlighting on rise, IT cos tighten checks
BENGALURU: Amid low single-digit salary hikes and growing job market unpredictability, the IT industry is witnessing a sharp rise in moonlighting-related verifications. Companies now scan for overlapping employment - clear indicators of concurrent roles or undisclosed prior engagements. Such discrepancies are automatically flagged and escalated for client review. The final determination of risk or policy breach rests with the client, guided by their internal policies, risk tolerance, and candidate discussions. Background verification firm OnGrid reported a surge in screening activity. In the first six months of the current year, it processed 23,000 employment verifications-already 87% of the total 26,000 conducted last year. A key driver is employment history checks, often used to detect moonlighting. These checks flagged 2,900 cases in the first half of this year, up from 2,201 in all of last year. OnGrid tracks Universal Account Numbers (UANs), employment timelines, and personal records to spot overlapping jobs and undisclosed roles. Manav Jain, chief business officer at OnGrid, said that post-pandemic, with the rise of remote, hybrid, and freelance models, moonlighting cases increased. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo The flexibility of these arrangements made it easier for some to take on secondary jobs. Economic factors also push professionals to seek backup income or job security. During the pandemic, many employees were not fully engaged during typical work hours, and without robust monitoring tools, some used the extra time to take on additional work, which over time became habitual for some. Rahul Maheshwari, former Google employee and founder of edtech platform Linux Socials, said many professionals are turning to teaching as a side gig to cope with job uncertainty. "Several work as freelancers, taking teaching assignments without going through the PF route. I currently have around 20 professionals from top MNCs who double up as instructors on the platform-many are here to cope with the current instability," he said. Maheshwari himself was asked to stop sharing tutorials on YouTube and LinkedIn after HR classified it as moonlighting. Though he insisted teaching wasn't moonlighting, he resigned to avoid friction-even though it didn't interfere with his day job. Background verification firm AuthBridge reports that 5 out of every 100 candidates engage in dual employment. Nearly 90% of these cases come from the IT services sector, mainly in Telangana, Karnataka, and Tamil Nadu. In one case, a developer was simultaneously employed at five companies, including two direct competitors. AuthBridge uncovered this overlap through PF records and Form 26AS. The shift to remote work during Covid also sparked a surge in multi-employment cases. OnGrid found one candidate joined 50 companies in a single year, worked seven years with 141 employers on record. In 2021, she added 21 more employers and was simultaneously on payroll at 10 companies. This included full-time roles at big names, startups, and established MNCs-not just freelance or contract work. In 2022, Wipro chairman Rishad Premji said the company fired 300 employees for working for direct competitors while being on Wipro's rolls. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
02-07-2025
- Business
- Time of India
Firms tighten checks as moonlighting rises
Bengaluru: Amid lower single-digit salary hikes and growing job market unpredictability, the industry is witnessing a sharp rise in moonlighting-related verifications. Companies now scan for overlapping employment—clear indicators of concurrent roles or undisclosed prior engagements. Such discrepancies are automatically flagged and escalated for client review. The final determination of risk or policy breach rests with the client, guided by their internal policies, risk tolerance, and candidate discussions. Background verification firm OnGrid reported a surge in screening activity. In the first six months of the current year, it processed 23,000 employment verifications—already 87% of the total 26,000 conducted last year. A key driver is employment history checks, often used to detect moonlighting. These checks flagged 2,900 cases in the first half of this year, up from 2,201 in all of last year. OnGrid tracks Universal Account Numbers (UANs), employment timelines, and personal records to spot overlapping jobs and undisclosed roles. Manav Jain, chief business officer at OnGrid, said that post-pandemic, with the rise of remote, hybrid, and freelance models, moonlighting cases increased. The flexibility of these arrangements made it easier for some to take on secondary jobs. Economic factors also push professionals to seek backup income or job security. During the pandemic, many employees were not fully engaged during typical work hours, and without robust monitoring tools, some used the extra time to take on additional work, which over time became habitual for some. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Rahul Maheshwari, former Google employee and founder of edtech platform Linux Socials, said many professionals are turning to teaching as a side gig to cope with job uncertainty. "Several work as freelancers, taking teaching assignments without going through the PF route. I currently have around 20 professionals from top MNCs who double up as instructors on the platform—many are here to cope with the current instability," he said. Maheshwari himself was asked to stop sharing tutorials on YouTube and LinkedIn after HR classified it as moonlighting. Though he insisted teaching wasn't moonlighting, he resigned to avoid friction—even though it didn't interfere with his day job. Background verification firm AuthBridge reports that 5 out of every 100 candidates engage in dual employment. Nearly 90% of these cases come from the IT services sector, mainly in Telangana, Karnataka, and Tamil Nadu. In one case, a developer was simultaneously employed at five companies, including two direct competitors. AuthBridge uncovered this overlap through PF records and Form 26AS. The shift to remote work during Covid also sparked a surge in multi-employment cases. OnGrid found one candidate joined 50 companies in a single year, worked seven years with 141 employers on record. In 2021, she added 21 more employers and was simultaneously on payroll at 10 companies. This included full-time roles at big names, startups, and established MNCs—not just freelance or contract work. In 2022, Wipro chairman Rishad Premji said that the company fired 300 employees in the past few months for working for direct competitors while being on the rolls of Wipro. Traditional background checks—focused solely on verifying previous employment—can no longer catch these complex cases. That's why companies are moving toward comprehensive employment history checks (EHCs), which reveal undisclosed concurrent employment and other hidden risks. "In today's hybrid and remote environments, the risk of dual employment is too high to ignore. We strongly advise all clients to adopt EHCs as an essential tool for thorough risk mitigation—not just a checkbox in the hiring process," Jain added.
