Sanchit Raj’s Post

An Organization which welcome People Resources from diverse industries, people with different IQ,EQ, people from diversified walks. This because they have the power to mould and bring the best out of the Human Power. Journey and the acceptance in the larger Flipkart family have made me overwhelmed in the past few days. The best realization is the fact that candidates who have landed from different industries bring in a lot of fresh perspective breaking the norms and bringing excellent results. Excited being a part of the team and the greater cause .Couldn’t stop myself but share the open welcome received. #employeehealth #organizationalculture #bestpractices Arnav G. Sunil Dubey Sumit Premi Hemant Badri

Paytm lays off employees as part of restructuring, facilitates outplacement support Paytm has laid off employees as part of a restructuring process aimed at improving its operational efficiency. The company is providing outplacement support to affected employees to help them find new job opportunities. This move is part of Paytm's broader strategy to streamline operations and focus on core business areas. Despite the layoffs, Paytm continues to invest in its key growth areas and remains committed to supporting its workforce through the transition. Mansukh Mandaviya gets Labour and Employment portfolio in Modi 3.0 govt Mansukh Mandaviya has been appointed as the Minister of Labour and Employment in the Modi 3.0 government. Mandaviya, previously the Minister of Health and Family Welfare, will now oversee labor and employment portfolios. This change is part of a broader cabinet reshuffle aimed at bolstering the government's efficiency and performance in key areas. Mandaviya's experience in healthcare is expected to inform his approach to labor and employment, potentially addressing critical issues such as job creation, labor rights, and workplace safety. 'Without him, we would just be another car firm': Musk lauds Indian-origin engineer Elon Musk praised Indian-origin engineer Ashok Elluswamy, highlighting his critical role in Tesla's success. Musk emphasized that without Elluswamy, Tesla would just be another car firm. Elluswamy, who has been instrumental in the development of Tesla’s self-driving technology, is credited with significant contributions that set Tesla apart in the automotive industry. Musk's acknowledgment underscores the importance of Elluswamy's expertise and innovative approach in driving the company's advancements and maintaining its competitive edge. #PaytmRestructuring #EmployeeSupport #OperationalEfficiency #OutplacementSupport #JobTransition #CoreBusinessFocus #GrowthInvestment #WorkforceSupport #LabourAndEmployment #MansukhMandaviya #ModiGovernment #CabinetReshuffle #JobCreation #LabourRights #WorkplaceSafety #ElonMusk #AshokElluswamy #TeslaInnovation #SelfDrivingTechnology #AutomotiveExcellence #EngineeringExcellence #HR #HumanResources #TalentManagement #WorkplaceCulture #EmployeeEngagement #HRInnovation #PeopleStrategy #WorkforceDevelopment #TalentAcquisition #EmployeeExperience #HR

🐝 This Swiggy delivery agent earns ₹50,000 a month: ‘more than some software engineers’ 🚀 Interesting insights from Loveena Kamath's interview with Bengaluru's food delivery agents are sparking discussions about earnings in the gig economy versus traditional sectors like IT. 📊 According to Kamath, delivery agents like Shiva and Taiyappa are earning significantly more than the average IT engineer in India, with monthly incomes averaging ₹40,000 to ₹50,000. While this highlights immediate financial gains, it's important to consider the long-term prospects and stability that careers in fields like engineering offer. 🌱 Engineers typically start with average salaries but have the potential for substantial growth as they gain experience and expertise. Unlike gig economy roles, which may not always offer sustainable long-term prospects, engineering careers often provide stability and opportunities for professional development. 🛠️ Additionally, skill-based jobs in engineering are integral to innovation and technological advancement, making them essential assets in today's evolving economy. They contribute to long-term growth and are less susceptible to automation or market fluctuations compared to labor-intensive roles. 💡 As we discuss the dynamics of income disparity between different professions, it's crucial to recognize the diverse paths individuals choose based on their aspirations and circumstances. Each sector plays a unique role in shaping our economic landscape, and understanding these nuances helps in fostering balanced perspectives on career choices. #Engineering #GigEconomy #CareerChoices #Technology #EconomicGrowth #ProfessionalDevelopment

Focus U is a great step forward in democratizing the upskilling of Flipsters on Human skills which in most cases is assumed as a given skill. Thoughtful, engaging conversations and skill building through innovating methods has made this a go to platform for many! #capabilitydevelopment #Flipskool #FocusU #CultureofLearning

Frustrated Beyond Words! | Delhivery Delhivery Limited I feel compelled to share this publicly because my patience has run out. My shipment, which has been stuck in Hoskote, Bangalore since 7th December, still hasn’t been delivered—even though my delivery address is also in Bangalore. The portal now shows a delivery date of 16th December. Seriously, is this a joke? To make matters worse, the delivery status has been inconsistent. Just a few days ago, it showed "delivering today." What’s even more infuriating? No one reached out to coordinate the delivery in case of issues. A simple call could have allowed me to arrange for pickup or provide an alternate nearby address to prevent delays. Your helpdesk system is beyond disappointing. It’s a one-sided interaction with an automated machine that offers no real solutions. There’s no email provided for escalation, and the grievance email you do share bounces back! After wasting hours calling various numbers found online, I was passed from one unaccountable individual to another. Shockingly, some employees even admitted their own frustration working within your organization! Finally, after persistent effort, I was connected with BigShip, who took an alternative address closer to their hub—but even now, the package remains undelivered. The shipment contains perishable food items, clearly labeled on the box, sent by a friend. The inexcusable delay has likely ruined the contents, completely negating the thoughtfulness behind the gesture. This experience has been nothing short of a nightmare. Varun Saini Ajith Pai – I urge you to address the glaring operational inefficiencies and the customer dissatisfaction these delays are causing. This isn’t just about this one package—it’s about the systemic flaws eroding trust in your service. #customerservicefail #delhivery

Hello LinkedIn Community... "Market surprises can teach us so much—like why Zomato is soaring while Tata Motors is struggling. Let’s unpack these stories together." So 𝐙𝐨𝐦𝐚𝐭𝐨 has been riding a wave of success. Here’s why: 𝐁𝐥𝐢𝐧𝐤𝐢𝐭 𝐒𝐮𝐜𝐜𝐞𝐬𝐬: Zomato’s quick-commerce arm, Blinkit, has been growing rapidly. Blinkit's gross order value jumped by 130%, showing its strong demand in the market. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧:  From the acquisition of Blinkit to launching new initiatives like the ‘District’ app, Zomato is not just growing—it's innovating. 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐞𝐚𝐫𝐧𝐢𝐧𝐠𝐬: Zomato's consolidated revenue from operations increased 69% year-on-year, and its net profit increased five-fold. 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞: Zomato’s 𝐢𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐁𝐒𝐄 𝐒𝐞𝐧𝐬𝐞𝐱 reflects its stable performance and growing influence in the market. Meanwhile, 𝐓𝐚𝐭𝐚 𝐌𝐨𝐭𝐨𝐫𝐬 is facing headwinds: 𝐒𝐥𝐨𝐰𝐢𝐧𝐠 𝐝𝐞𝐦𝐚𝐧𝐝:  Demand for commercial and passenger vehicles in India has slowed down. In the second quarter of 2024-25, Tata Motors' total sales fell by about 12% compared to the same quarter of the previous year. 𝐏𝐫𝐢𝐜𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐞:  Tata Motors announced a 2% price hike on vehicles to offset rising input costs 𝐒𝐥𝐨𝐰𝐞𝐝-𝐝𝐨𝐰𝐧 𝐃𝐞𝐦𝐚𝐧𝐝:  A slowdown in both domestic and global markets has negatively impacted automotive demand, further weighing on Tata Motors' performance. 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐝𝐫𝐨𝐩𝐩𝐞𝐝: Revenue dropped 16.3% to Rs 15,518 crore due to weak demand in passenger vehicles, aluminum supply issues, and commercial vehicle sales slowdown. So, Zomato’s rise highlights the importance of strategic positioning and financial resilience, while Tata Motors’ story underscores how external factors and operational challenges can impact even the biggest players. #tatamotors #zomato #sensex #stockmarket #nseindia #blinkit #marketcap #markettrends #quickcommerce #automotiveIndusrty

Here are the Business News Highlights for December 4, 2024 Corporate Updates Swiggy 🛵: Reports narrowed net losses of ₹625.5 crore, with a 30% rise in operational revenue, reflecting strong growth. #FoodDelivery #FinancialGrowth Wipro 💻: Wins a multi-year contract with a European automotive giant, focusing on digital transformation. #DigitalTransformation #TechInnovation Ola Electric 🔋: Shares surge 28% in the last five sessions, driven by renewed investor confidence and recovery from lows. #EVRevolution #StockMarket Reliance Power ⚡: Plans to diversify into renewable energy to align with green goals. #RenewableEnergy #GreenFuture IndiGo ✈️: Files a lawsuit against Mahindra Electric over trademark disputes for its new car, highlighting brand protection efforts. #LegalBattle #BrandProtection Quarterly Results HDFC Bank 🏦: Reports a 2% rise in share prices due to robust financial performance and market optimism. #BankingSector #StockMarketUpdate Honasa Consumer 🧴: Posts impressive Q2 results with significant revenue growth, driven by D2C success. #ConsumerGoods #D2CSuccess Mergers & Acquisitions Swiggy 🤝: Acquires a niche logistics player to enhance last-mile delivery capabilities. #Logistics #Acquisition Flipkart 🚚: Consolidates its position in e-commerce logistics through strategic acquisitions. #EcommerceExpansion #LogisticsStrength Sectoral Insights Housing Market 🏠: Prices rise by 11% across major cities, indicating a healthy real estate market. #RealEstate #MarketUpdate Auto Sector 🚗: Continues to see a surge in EV sales, reflecting growing consumer preference for sustainable options. #EVMarket #AutoIndustry #BusinessNews #CorporateUpdates #MergersAndAcquisitions #QuarterlyResults #EVRevolution #DigitalTransformation #StockMarket #TechInnovation

2 Truths & a Hilarious Lie. Take a shot at this... Which one is the MOST unbelievable? * Flipkart is acquiring FocusU * Flipkart has perhaps been inspired by FocusU (Great minds think alike!) * Flipkart is totally smitten with FocusU (Okay, maybe that's a bit dramatic...) FocusU ... enabling people and teams to #BeMore through meaningful learning since 2011! #FocusU #LearningImpact Flipkart

After 9.5 years, the time has arrived to bid farewell to Flipkart. I have been blessed with good luck to work with some of the brightest minds as my colleagues who provided ample opportunity for my learning and growth. Reflecting on my journey, I realize that there's no better way I could have spent these years than being a part of Flipkart's incredible journey. In the last 9.5 years I had the opportunity to learn many things from my leaders and colleagues. I want to callout some of those learnings: • The greatest learning often occurs during life's most challenging phases.  • Life isn't always fair, and the same effort by different people doesn't always yield equal results.  • If you are able to find one thing that you truly care about and stick to that then success will follow you eventually. • Focusing less on your weaknesses and more on your strengths usually produces better results. Treat others as you wish to be treated; respect begets respect. • While skillset is important, cultural fit and alignment with a vision are even more crucial. • As people grow in their roles, they typically dislike micromanagement. However, sometimes it's necessary. • Honesty is vital for building trust and fostering a safe, open environment.  • Offering help can sometimes backfire, so do so only when the recipient is genuinely receptive. • In many situations, asking questions is more beneficial than giving advice. Thanks to all of my colleagues for making my time at Flipkart remarkably fruitful. Amidst the highs and lows, I depart with profound contentment, a strong sense of belonging, and joy! 😊

💼 The Value of Loyalty in a Fast-Moving Job Market 🌐 Swiggy’s recent IPO turned nearly 500 employees into crorepatis. Their long-standing dedication and trust in the company ultimately paid off, creating financial security and personal growth opportunities many aspire to achieve. 💸 Staying with one company doesn’t just provide financial perks—it can lead to: • Career stability • A deep understanding of the industry • A sense of belonging and purpose Consistent growth within a single organization often yields recognition, ownership, and significant rewards. 💡 However, let’s not ignore the flip side. I believe every job should offer either money or learning—ideally both. If a job lacks these, it’s worth reconsidering your options. Whether you decide to switch immediately or after 3-6 months, your value and well-being matter most. Loyalty matters, as building trust takes time and helps you influence others, but if your work isn’t valued—whether it’s been a year or a decade—it might be time to move on. ______________ Your turn! What do you think? • 💼 Switch companies frequently for diverse experiences and opportunities? • 📈 Stay long-term and reap the rewards of loyalty and stability? Drop your votes and comments below! 👇 #CareerGrowth #JobLoyalty #Swiggy #Growth #Stability