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Sunday, February 22, 2026 8:34 AM

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Microsoft likely to layoff thousands of employees: Report

According to reports cited by the UK broadcaster Sky News, Microsoft Corp. is considering eliminating 11,000 jobs, or around 5% of its total workforce. According to a report by Bloomberg, the company intends to reduce the number of engineering divisions through new rounds of layoffs. Microsoft now joins other tech giant in announcing layoffs in response to a weakening market and a failing economy. Microsoft reportedly let go of less than 1,000 workers across many divisions earlier in October. Less than 1% of the more than 200,000 employees of the software company were affected by these cuts. The company had said in July that a modest number of positions had been cut and that it would eventually hire more people. As of June 30, the company employed 221,000 full-time employees, including 122,000 in the US and 99,000 abroad, according to filings. After several quarters of a slowdown in the personal computer market impacted Windows and device sales, the company, according to Reuters, is under pressure to sustain growth rates at its cloud unit Azure. On January 24, Microsoft is expected to announce its quarterly results. For thousands of tech workers, the start of the new year has a dismal tone due to worldwide layoffs. More than 30,000 individuals had lost their employment globally in less than a week in 2023. By the way, this is almost twice as many workers as were fired throughout the entire month of December 2022. According to data from Layoffs Tracker, 30 organisations have fired 30,611 individuals in total over the first six days of January. In addition to Amazon, the list also includes many other companies, such as cryptocurrency exchange Huobi, tech giant Salesforce, and video hosting platform Vimeo. This statistic includes a sizable fraction of the over 18,000 positions that Amazon.com Inc. decided to eliminate as part of a workforce reduction. The 11,000 layoffs announced by Facebook’s parent company, Meta Platforms Inc., last year have now been surpassed by the Jeff Bezos-owned company.

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Netflix’s revenue growth is expected to be the slowest as its ad strategy struggles to gain traction

Netflix Inc. is anticipated to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the competitive U.S. market, which might put pressure on the firm to reduce content investment this year. The pioneer in streaming has been struggling due to dwindling customer spending, rising production costs, and heightened competition from Disney+ and Amazon Prime. It had staked its hopes on the introduction of the ad-supported tier, but according to analysts, there hasn’t been a sudden surge in subscriptions. It is anticipated that the company attracted 4.5 million customers in the fourth quarter, which would be the smallest number for the Holiday season since 2014. 8.3 million more subscribers were gained last year. According to analysts, the $6.99 a month ad-supported plan does not include access to all titles and is too expensive to draw in a sizable number of users in the United States and Canada. There are some challenges in achieving those subscriber targets, according to Jamie Lumley, an analyst at Third Bridge. “Looking at the saturation of the market and the variety of different options available, as well as the fact that the pricing is not necessarily significantly below the competition, there are some challenges in attaining those subscriber targets,” he said. This is likely to bring attention to Netflix’s robust content investment, which, according to finance head Spencer Neumann, will amount to roughly $17 billion each year for the next few years. According to Shahid Khan, partner and global head of media and entertainment at Arthur D. Little, “when debt was cheap, you could go and borrow a lot of money and invest that in content.” Netflix will have to be extremely careful about approving content and how they would finance it given current interest rates. Compared with Paramount Global, rival Walt Disney Co anticipates spending on content in the low $30 billion range for the fiscal year 2023. Disney does not separate its content spending across its streaming and other divisions. Source: Reuters

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Dr. Manjula Pooja Shroff, MD and CEO, Kalorex Group, shares her concept of ‘Shroffism’

“Through Shroffism I’m trying to reach to the world and say that all of us are born with innate intelligence, we have the energy within us that we need to tap,” says Dr. Manjula Pooja Shroff, MD and CEO, Kalorex Group, in an interview with Chandan Anand, CEO & Group Editor, ArdorComm Media Group at the ‘ArdorComm New Normal – Education Leadership Summit & Awards 2022’ #ELSAJaipur #ELSARajasthan There has been a lot of ups and downs in the whole education sector especially in school education, what are your observation of last three years, pre-pandemic and post pandemic? Education has become slightly regulated as a sector, so apart from K-12 even preschool regulations we have been talking about it’s also been an area that has attracted a lot of attention, right from the RTE to the NEP. So much happening in education now, as if that was not enough on a policy side, the pandemic threw up different challenges. So, challenges of new age kind of learning because children, they’re too young to adjust to such a big thing and in these two years the ways of learning, the ways of how we can reach out to children has completely changed. It really is no longer what it used to be and devices have become so central to children’s lives that we are actually re-adapting to the New Normal very quickly. According to you what does ‘New Normal’ stands for? Many things, New Normal stands for an opportunity for us to do things in a better way. It stands for us to move away from Pure cognition-based learning to multiple intelligences such as mental, physical, social-emotional. I think children are like sponges they will completely absorb what we give them and if we just you know use this one vertical of cognition we are not tapping that entire potential that they’re capable of. So, I think it’s a great opportunity because there’s so much content available digitally, anyways living a digital life shall we refocus and then bring in multiple intelligences and make a wholesome individual. Any message for teachers and educators for their kids and children at school? So, the teacher has to first change, they have to change their way of thinking before they can execute, implement or demand change from children what is internal is external, if the teachers don’t believe in what they are doing, they really will not be able to reach out to the students. My request to teachers will be to start being more humane in their approach to teaching and less procedural and transactional ritual, start focusing on more psychology, positive psychology, emotions, the social quotient, the spiritual quotient, the emotional conscience, the physical quotient and of course the mental quotient. But please do not leave out all these quotients because then the product the child will become lopsided. What is Shroffism? How do you define it? I believe that there is a greater power on Earth and that is the universal power, which is higher energy. Through Shroffism I’m trying to reach to the world and say that all of us are born with innate intelligence, we have the energy within us that we need to tap, somehow in our rat race call it in our day-to-day existence it talks to us but we push it away it’s time to get back it’s time to talk to our inner voice so that we are completely anchored. You are the subject of the book ‘Success Mantras and Musings’. Has this also inspired you to become an author sometime soon? I don’t know really. I cannot commit this now. But, I can see this that we’ll have to write more and more books, because books have a very powerful way of being able to tell a story. I see that what we are talking about new age education, how to teach, parenting is a big challenge. I do a lot of work for parenting, I run a series called conversations for children for teens for pre-teens, I see that we may have to write books like that for actually coaching and hand-holding parents in the New Normal. In digital era, there is the shift going towards the eBook. We should develop a habit back to read physical books. I think everything is about optimization. Digital is here to stay, having said that the things which you can teach through theory and practices that fleeting digital cannot do so things have their own perspectives what the digital can do is concede a thought but in order to grow the tree you will need theory and practicals. Any message would you like to give to the readers who got inspired from reading your book? Any book which you remember you got inspired from? There are several books that have inspired. It’s a great way to learn by reading biographies.        There are many inspiring stories of industrial people, political people, social workers, or people from royal families, if you read the biographies it will provide insight to life. I think biographies are a great way to learn from others’ lives. How does certain kind of forums or symposiums help? Where you see the edtech players, the academicians, teachers and even the government people at common platform? I think it’s a great opportunity. Everybody is a part of the ecosystem, if everybody doesn’t play the role we don’t get a whole. It’s like if by coming here we see the whole pizza, one pie education, which we are, the people who are implementing, there are policymakers who bring in one part of the pie, there are edtech people that really make our lives easy, there are finances that are helping further, then there are school supplies. So unless that whole ecosystem is complete you don’t have the whole pizza to eat. Places like this provide that whole pizza. Message for the growing ‘ArdorComm Media Group’? All the very best! I mean it for you and your

Dr. Manjula Pooja Shroff, MD and CEO, Kalorex Group, shares her concept of ‘Shroffism’ Read More »

Over 10 crore health records are digitally linked to the Ayushman Bharat Health Account

Under the Ayushman Bharat Digital Mission (ABDM), over 10 crore health records have been digitally linked to the Ayushman Bharat Health Account, a move that helps people compile a thorough medical history across various healthcare providers. So far, more over 30 crore people have created their own Ayushman Bharat Health Accounts (ABHA). Digitally linking their health records to their ABHA accounts will allow citizens to manage and access their records whenever it’s convenient for them. It will make it possible for citizens to compile thorough medical histories from different healthcare providers, enhancing clinical decision making. A digital exchange of relevant health records between citizens and ABDM-registered healthcare providers is also feasible. “I am happy to share that ABDM has touched another milestone. With 10 crore health records linked to Ayushman Bharat Health Account, we appreciate all citizens for coming forward to support our efforts in making healthcare digital in India.” The National Health Authority’s CEO, Dr. R. S. Sharma, stated in a tweet. With the assistance of state governments, numerous health facilities around the nation are implementing this digital linkage of people’s health records with ABHA. The Ayushman Bharat Digital Mission (ABDM), which aims to build the foundation required to enable the nation’s integrated digital health infrastructure, will be implemented nationwide, the prime minister announced in September 2021.

Over 10 crore health records are digitally linked to the Ayushman Bharat Health Account Read More »

Govt. launches MAARG portal for startup mentorship

The MAARG platform (Mentorship, Advisory, Assistance, Resilience, and Growth) was established by Commerce and Industry Minister Piyush Goyal to promote mentorship between startups and entrepreneurs across industries, stages, and functions. Startups will be able to interact with mentors and discuss their mentorship requirements throughout the portal’s matchmaking phase. Additionally, the minister will announce the National Startup Awards 2022 winners. A cash prize of Rs 5 lakh will be presented to each of the winning startups. A cash prize of Rs 15 lakh will also be given to one exceptional incubator and one accelerator, respectively. The winning and finalist startups will benefit from the support provided for their business growth, mentorship, funding, partnerships, and market access opportunities, the ministry stated. This will further enable them to serve as an example for other entrepreneurs. The National Startup Awards 2022 invited applications from 17 sectors, 50 sub-sectors, and 7 special categories. These industries included Agriculture, Animal Husbandry, Construction, Drinking Water, Education & Skill Development, Energy, Enterprise Technology, Environment, Fintech, Food Processing, Health & Wellness, Media and Entertainment, Industry 4.0, Security, Space, Transport and Travel.

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Twitter is expected to close its offices in India after Singapore

According to reports, Elon Musk owned, Twitter is looking to close its coworking spaces in Delhi and Mumbai after doing so in Bengaluru. Reports citing sources state that the office closing procedure began in December of last year. There are about 80 workers in The Executive Centre in Delhi’s Qutub district and about 150 at the WeWork facility in Mumbai’s BKC. The sources claim that the company has left coworking facilities in Bengaluru as well, indicating that this was the result of company-wide reforms. The remaining employees of Twitter in Singapore were advised to stop coming to work and work remotely earlier this week after Musk, who failed to pay the rent for the San Francisco headquarters, reportedly failed to pay the rent. The decision to let Twitter staff leave the CapitaGreen building and work from home was reportedly communicated to them via email. “Twitter employees were just walked out of its Singapore office – its Asia-Pacific headquarters – over nonpayment of rent”. “Landlords walked employees out of the building,” Casey Newton of Platformer wrote in a tweet on Thursday. Due to its failure to pay the $136,250 rent for its San Francisco office premises, Twitter has been sued in the US.

Twitter is expected to close its offices in India after Singapore Read More »

UGC extends the deadline for feedback regarding foreign universities’ campuses in India

The deadline for feedback on the drafts of the University Grants Commission for the establishment of foreign university campuses in India was extended today by the University Grants Commission (UGC). The UGC sought views from stakeholders on the proposed University Grants Commission (Setting up and Operation of Campuses of Foreign Higher Educational Institutions in India) Regulations, 2023, in a notice that was published on January 5. The deadline for the same has now been extended to February 3, 2023. This decision was made after the Commission received stakeholder requests to extend the deadline for providing feedback, recommendations, and comments on the draft. The deadline for stakeholders to send their suggestions and feedback to ugcforeigncollaboration@gmail.com is currently February 3. UGC Chief M. Jagadesh Kumar released guidelines for foreign institutions setting up campuses in India at the start of the new year. According to the guidelines, only foreign universities that have received approval from the University Grants Commission will be permitted to open campuses in India. Additionally, they will only be granted approval for a 10-year period. To apply, these institutions must either rank among the top 500 or be “highly reputed” in their own countries (if the varsity does not participate in global rankings). The institutions will only be allowed to build up their campuses for those listed subjects if their ranking is between 500 and 100 but their subject wise ranking is higher than their overall ranking. Additionally, all foreign universities that open branches in India will only be permitted to conduct offline classes; that is, they can only provide full-time programmes in physical mode.

UGC extends the deadline for feedback regarding foreign universities’ campuses in India Read More »

Budget Session of Parliament will begin on January 31

The budget session of Parliament will begin on January 31, 2023. It will run till April 6. There will be a break from February 14 to March 12. “Amid Amrit Kaal, looking forward to discussions on Motion of Thanks on the President’s Address, Union Budget & other items,” tweeted Union Minister Pralhad Joshi while announcing the budget session dates. The winter session of Parliament saw numerous adjournments and interruptions on a variety of concerns. Political experts believe that the budget session will be disrupted in the same way, particularly on subjects such as the impending recession, the impact of the Russia-Ukraine war, rising prices, and so on. “During the Budget Session, 2023 the recess time is there to enable the department related Parliamentary Standing Committees to examine the Demands for Grants and make reports relating to their Ministries/ Departments,” added the Union Minister. There will be 27 sittings over the course of 66 days.

Budget Session of Parliament will begin on January 31 Read More »

IIM Bodh Gaya launched two new full-time MBA programmes

The Indian Institute of Management Bodh Gaya launched two full-time residential MBA programmes on Thursday: the MBA in Hospital and Healthcare Management and the MBA in Digital Business Management. The first batches for both programmes are scheduled to begin in the last week of June of the next academic year, 2023-24. The Hospital and Healthcare Management programme will adhere to a curriculum and pedagogy that addresses the growing demand for professionally trained human resources to take on managerial and leadership roles in various sectors of the healthcare industry, such as hospitals, health insurance, pharmaceuticals, medical devices, as well as IT and consulting. While the Digital Business Management programme is designed to fulfil the requirements for Industry 4.0, which are associated with the rapid adoption of digital technology and the disruption of business models. Leaders and veterans from the relevant industries will deliver large portions of both of these lectures. Dr Vinita Sahay, director of IIM Bodh Gaya, inaugurated the programmes. The healthcare management programme has two specialisation tracks: Hospital Management and Healthcare Management, which provide exposure to private and public health systems through internships and final projects in rural areas. The program’s Industry Advisory Board is comprised of senior executives from globally renowned companies such as Apollo Hospitals, Biocon Biologics, Novartis, DoctCo, and Coforge. Digital Marketing and Business Development, Data Analytics and Decision Sciences, Strategy and Consulting, and FinTech are the four specialisation tracks available in the digital business management program. Experts from technology firms such as TCS, Infosys, and IBM have served on the Industry Advisory Board to bring cutting-edge techniques and trends in classroom teachings. Students will gain hands-on experience in both courses through a four-month industry immersion. Admissions for both programmes will begin next week, and qualifying CAT 2022 candidates will have a 15-day opportunity to express their interest. EoI forms will be available until the first week of February, after which candidates will be shortlisted for the next round, which will consist of personal interviews. The CAT score, PI score, and academic profile rating will be used to create the final admission merit list. There are 90 seats available for Digital Business Management and 60 for Hospital and Healthcare Management.

IIM Bodh Gaya launched two new full-time MBA programmes Read More »

If they win an Oscar, RRR Stars Ram Charan, Jr. NTR vows to dance to “Naatu Naatu” 17 times!

The 80th Golden Globes awarded Naatu Naatu, the upbeat hit from SS Rajamouli’s RRR, with the Best Song (Motion Picture) award. The song, which celebrates the friendship and dance-inspired energy of RRR’s lead actors Ram Charan and Jr. NTR, triumphed at the Golden Globes over competitors including Lady Gaga, Rihanna, and Taylor Swift. Ram Charan said that if the film wins the Oscar, he and Jr. NTR will probably perform a dance on stage as well. Naatu Naatu has also been shortlisted in the Original Song category for the 95th Academy Awards. The veteran music director MM Keeravani composed the Telugu song Naatu Naatu, which was sung by Kala Bhairava and Rahul Sipligunj. If Naatu Naatu receives a nomination, Charan was asked if he would dance with Jr. NTR on the Oscars stage in an interview for the NBP podcast. “Of course, if they are going to give us an award, why not. We will do it 17 times back again.” The Golden Globe victory for best song increases RRR’s chances of winning big again during the Hollywood award season, which culminates with the Oscars, whose nominations will be revealed on January 24. https://twitter.com/RRRMovie/status/1612989220045611008?cxt=HHwWgIDT9cnJvuIsAAAA The New York Film Critics Circle recently awarded SS Rajamouli with the Best Director award for his work on RRR. The filmmaker was announced as the recipient of the honour in December, and he personally accepted the trophy at a banquet held at New York’s TAO Downtown Restaurant. RRR is a fictionalised story of a pre-independence period that centres on the two real-life Indian rebels Alluri Sitarama Raju and Komaram Bheem, played by Ram Charan and Jr. NTR, respectively.

If they win an Oscar, RRR Stars Ram Charan, Jr. NTR vows to dance to “Naatu Naatu” 17 times! Read More »