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DUBAI, UAE, March 14, 2023 /PRNewswire/ — IBS Software, a leading SaaS solutions provider to the travel industry globally has been certified a Great Place To Work®. The company is focused on transforming how travel companies operate in a digital world by delivering next-generation products to accelerate growth, drive efficiency and create a differentiated consumer experience.
As an employer, IBS Software is proud of its engaging and supportive working environment with a company culture built on the tenets of precision, commitment, passion, integrity and respect for the individual.
VK Mathews, Executive Chairman of IBS Software said, “It is a proud moment for us to be recognized as a Great Place to Work. I’m honored and delighted to be a part of such an incredible team. Together, we will continue our pursuit towards excellence and enhance our position as an organization that promotes meritocracy, fairness, diversity and inclusion.”
On the occasion Anand Krishnan, CEO at IBS Software said, “We’re immensely proud to be named a Great Place to Work. In the post-pandemic world, creating a workplace that employees are proud of has never been more important and is only possible when talented and dedicated individuals come together and actively work toward a common goal. The certification is a testament to our commitment to excellent employee experience, sustainable financial performance of the organization along with the culture of fostering equal opportunity, diversity and constant learning.”
Jayan Nair, Head of Human Resources at IBS Software, commented, “It is a great honor for us at IBS Software to be recognized as a Great Place to Work. I am personally delighted with the recognition as it is a significant milestone for us. Over the past 25 years, we have developed expertise in supporting employees at every level, helping them advance and take the lead in IBS Software’s growth. We have always believed in raising the bar to become an employer of choice and this recognition further reinforces our commitment in building a better company culture and providing equal opportunities to our employees.”
About Great Place To Work
Great Place To Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with feedback, real-time reporting, and the insights they need to make strategic people decisions. The Institute serves businesses, non-profits and government agencies in more than 60 countries and has conducted pioneering research on the characteristics of great workplaces for over three decades.
The Institute’s research shows that great workplaces are characterized by great leadership, consistent employee experience, and sustainable financial performance. These organizations can deliver a consistent experience to all their employees irrespective of their role, gender, tenure, or level. Their leaders believe in the vision of creating and sustaining a great place to work for all and role models for all leaders. Learn more at https://www.greatplacetowork.in/
About IBS Software
IBS Software is a leading SaaS solutions provider to the travel industry globally, managing mission-critical operations for customers in the aviation, tour & cruise and hospitality industries. IBS Software’s solutions for the aviation industry cover fleet & crew operations, aircraft maintenance, passenger services, loyalty programs, staff travel and air-cargo management. IBS Software also runs a real time B2B and B2C distribution platform providing hotel room inventory, rates and availability to a global network of hospitality companies and channels. For the tour and cruise industry, IBS provides a comprehensive, customer-centric, digital platform that covers onshore, online and on-board solutions. The Consulting and Digital Transformation (CDx) business focuses on driving digital transformation initiatives of its customers, leveraging its domain knowledge, digital technologies and engineering excellence. IBS Software is a Blackstone portfolio company and operates from 15 offices across the world. Further information can be found at https://www.ibsplc.com/.
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SOURCE IBS Software
SVB Financial Group , the parent company of Silicon Valley Bank, has put itself and its subsidiaries up for sale. The parent company, whose stock will be delisted by the Nasdaq, is selling its subsidiaries, SVB Capital and SVB Securities, plus additional assets and investments. SVB Securities operates as its investment banking division while SVB Capital serves as a venture capital and private credit fund, and SVB Securities is the investment banking business.
An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.
A coalition representing the Maine lobster industry is suing an aquarium on the other side of the country for recommending that seafood customers avoid buying a variety of lobster mostly harvested in their state. Industry groups including Maine Lobstermen’s Association are suing the Monterey Bay Aquarium in California for defamation, arguing in a lawsuit filed Monday that their prized catch shouldn't be on a “red list" published by Seafood Watch, a conservation program it operates. Last year, Seafood Watch put lobster from the U.S. and Canada on its list of seafood to avoid due to the threat posed to rare whales by entanglement in fishing gear used to harvest American lobster, the species that makes up most of the U.S. lobster market.
Mark Zuckerberg, co-founder and CEO of Facebook parent Meta, has pointed to internal data analysis that suggests engineers who initially joined the company in an in-person capacity performed better than those who joined remotely from the get-go. The insights stem from a memo sent to employees earlier today, in which Zuckerberg revealed the company was cutting another 10,000 jobs. Aside from announcing the fresh round of layoffs, Zuckerberg delved into a number of ways the company was looking to improve efficiency, such as canceling "lower priority projects" and creating a flatter organizational structure by removing various management layers.
(Bloomberg) — Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major round of job cuts in the past six months.Most Read from Bloomberg‘Old-School’ Signature Bank Collapsed After Its Big Crypto LeapRussian Fighter Jet Collides With US Drone Over Black SeaUS Core CPI Tops Estimates, Pressuring Fed as It Weighs HikeCredit Suisse Finds ‘Material’ Control Lapses After SEC PromptBillionaire Charles Schwab’s Fortune Is Slammed by SV
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Financial stocks have largely borne the brunt of a crippling sell-off which began last week after regulators shut down startup-focused bank SVB Financial Group, triggering worries of a contagion that rippled across financial markets. Signature Bank was also consequently shut down by regulators. Baron, the 79-year-old founder of Baron Capital, did not disclose how much stock of Charles Schwab he purchased, according to the report.
Oil prices rose in early Asia trade on Wednesday, recovering from the previous day's plunge, as a stronger OPEC outlook on China's demand helped offset bearish global investor sentiment in the wake of the recent U.S. bank failures. "The oil market has bounced back on its own after the recent sharp losses," said Toshitaka Tazawa, an analyst at Fujitomi Securities Co Ltd, adding some investors had taken advantage of the slide to hunt for bargains. "The OPEC upgrade in Chinese oil demand outlook also lent support, though investors were still concerned over a cascading financial crisis after the recent collapse of U.S. banks," he said, noting that whether WTI can stay above $70 a barrel is being closely watched.
Infinera Corp, a U.S. manufacturer of semiconductors for the telecommunications industry that competes with China's Huawei, is exploring options that include a sale of the company, according to a person familiar with the matter. The San Jose, California-based company, which has a market value of $1.6 billion, is working with investment bank Centerview Partners on a sale process that will launch in a few weeks, the source said. Infinera shares rose over 11% on the news in afternoon trade to $7.64 a share.
Berkshire Hathaway Inc agreed to better explain how its board of directors manages risks, including those taken by longtime Chairman Warren Buffett, after the U.S. Securities and Exchange Commission asked that it do a better job. In correspondence made public on Tuesday, the SEC's division of corporate finance asked Berkshire to "enhance" its risk management disclosures in its annual proxy filings, and Berkshire agreed to make the requested changes. Despite Buffett's legendary status as an investor and manager, some analysts have long urged the billionaire's Omaha, Nebraska-based company, whose market value is about $670 billion, to disclose more about itself.
The complaint alleges that hundreds of thousands of unlawful prescriptions were filled between 2014 and 2019.
The shareholder claimed that SIVB and CEO Greg Becker and CFO Daniel Beck filed false and misleading financial reports leading up to the bank's implosion.
Amgen Inc has been sued in a proposed class action accusing the drugmaker of waiting too long to tell investors it might owe the Internal Revenue Service $10.7 billion in taxes and penalties. In a complaint filed on Monday night in Manhattan federal court, a Detroit-based pension fund said Amgen artificially inflated its stock price by concealing the dispute over its international tax strategy between July 2020 and April 2022. The IRS has accused Amgen of underreporting taxes from 2010 to 2015, mainly for attributing what should have been U.S. taxable income to a Puerto Rico unit that houses its main manufacturing business and produces many of its drugs.
The 57-year-old Kapur will take over the top role on June 1, roughly 10 months after he was appointed Honeywell's president and chief operating officer. He has held several key positions in the company, including CEO of its building technologies as well as performance materials and technologies units. Kapur also oversees the company's operating model, Honeywell Accelerator, which uses various tools, processes and best practices to improve efficiency.
Buffalo Wild Wings says claims that its boneless wings are not made from actual wings are true and suggested that this information was obvious.
U.S. businesses in sectors ranging from manufacturing to technology are recalibrating after a period of rapid growth.
The cartel left its forecasts for global oil-demand growth this year steady as growing optimism about China’s demand for crude oil was countered by concerns about the economic picture in the U.S. and Europe.
The Zacks Consumer Products – Staples industry players are benefiting from favorable demand and revenue-driving efforts amid elevated costs. Chewy (CHWY), Albertsons Companies (ACI), Ollie's Bargain (OLLI) and Grocery Outlet (GO) appear well-placed.
These lenders, including Bank of America Corp, are trying to accommodate such transfer requests by taking extra steps to speed up the normal sign-up process, among other steps, the FT said, citing several people familiar with the matter. The Federal Deposit Insurance Corporation stepped in on Friday to protect the deposits of up to $250,000, but deposits over that amount – which accounted for 85% of SVB accounts – are at risk. Citi declined to comment on the report, while JPMorgan and Bank of America did not respond to Reuters requests for comment.
It was an unexpected problem. Earlier this year, Christina Qi, the chief executive of market data company Databento, noticed almost every job application included exactly what she was looking for. The company prompts candidates to write a tweet and a press release about microwave towers, a niche topic that requires research, Ms. Qi said.
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