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Infosys’ new training programme modelled on flight school in India

Bloomberg When Infosys set out to remake its internal training programme, instructors visited flight schools to see how professional pilots are taught to deal with fast-changing situations. That led India’s outsourcing giant to model classes on flight simulators that teach recruits to work faster, think for themselves and anticipate corporate customers’ needs. They’re put through multiple scenarios, and no two ...

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Coal India signs salary increase deal

Bloomberg Coal India Ltd. signed an agreement with workers unions to raise salaries of its non-executive staff, ending months of negotiations over the increase that affects pay until 2021. The state-run miner will incur an average annual cost of $868 million because of the rise, it said in a stock exchange filing. The increase will be effective for five years ...

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SoftBank’s Son bounces back after losing $70bn

Bloomberg At the height of the dot-com bubble in late 1999 and early 2000, Masayoshi Son’s net worth was surging by $10 billion a week. For three days, he was the richest person in the world, Son said. But before Son had a chance to tell anyone, SoftBank Group Corp. crashed. The company’s shares plunged 75 percent in two months ...

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