February 20, 2020
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Business in bitesizes

Jobs for defence boys

Everyone is complaining about jobless growth, but at least one segment is happy. The ‘Make in India’ drive is opening up a second career option for retired PSU and defence personnel, at the executive level. This is particularly so among companies in the defence sector. Anil Ambani’s Pipavav Defence has reportedly recruited over a dozen retired three-star defence officials in the rank of Lt Gen, Vice Admiral and Air Marshal. As a close observer explains, this is in keeping with global trends as they bring technical expertise, experience of maintaining equipment and understanding of the needs of the defence forces.

The Chinese hand

Barely a month after the government opened up the Indian e-commerce sector for FDI, prospective players are queuing up. After talk about China’s biggest e-commerce company Alibaba making a direct entry into India, Japan’s largest player, Rakuten, is reportedly interested too. Though the company has not confirmed it, Rakuten—which has a development centre in Bangalore since 2014 and has opened an office there— is reportedly hiring top people from other e-commerce players. Rakuten recently acquired Buy.com and owns Viber, is likely to give strong competition to home grown e-commerce players like Flipkart and Snapdeal and even Amazon.

Big fat Jindal wedding

JSW’s Sajjan Jindal and his wife Sangita have a thing for hosting extravagant destination weddings in Europe. The wedding of their daughter Tanvi was heldin Florence and her younger brother Parth will marrycollege sweetheart Anushree Jasani in early May in the old city of Vienna. Back home, Sajjan Jindal, like most industrialists in the steel industry, is facing debt issues but that has not stopped the family from pulling out all the stops when it comes to their son’s big day. The fairytale wedding is expected to take place across four different historic venues. Vienna is all agog in anticipation. The wedding will take place at Belvedere Palace, one of the former palaces of the erstwhile Austrian royal family.

Fracture? No Sweat, and Less Itching

A 3D printed cast for fractures made by a Mexican startup has the potential of making Plaster of Paris casts a thing of the past. This allows it to hold broken bones in place, while still letting the injured appendage “breathe.”

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