Need more gender diversity, says Amazon India chief - Times of India

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BENGALURU: Diversity of talent, from a gender perspective, would be a top priority area for Amazon India, according to Amazon India chief Amit Agarwal, as he addressed his staff in an all-hands meeting on Tuesday, two people present there said. Agarwal's comments come as the local arm of Seattle-based technology giant completes six years in India continuing its fight against Flipkart, where it's US-based rival Walmart now owns a 77% stake. Amazon has at least 60,000 employees in India, which accounts for about 10% of the global workforce 6.1 lakh.

Agarwal's comments are thus of significance indicating the company's intent to improve its talent diversity in India, which had highest job openings in the country in the overall Asia-Pacific market. The development also comes at a time when debate on diversity and wage parity has picked up pace among technology companies in US as well.

All-hands is an annual internal event for Amazon with the company staff. To be sure, much like other major companies Amazon too has more men than women in India across e-commerce, cloud and other businesses.

"There was a lot of discussion on diversity of talent after one particular question to Agarwal even though he stayed away from direct answers on competition from Walmart or Reliance," one of the people mentioned above said.

According to Amazon's global work force data of 2018, it had over 58% men while close to 42% women as staff. In a managerial role, 27% were women as compared to 73% men. Globally it employed over 20% Asians and about 7% black people, the data showed. Amazon does not disclose country specific data.

Amazon India does have women leaders among senior positions, but Agarwal acknowledged the need of further diversity across different level of seniority in the organisation in India. For instance, Amazon's HR head is Deepti Varma who also heads the same role for Middle East and North Africa. Sweta Gupta, who head the technology for Prime Video globally, sits out of Amazon's Bengaluru office.

"Workforce for the future would be diverse from every perspective – gender, age, background, experience, thought process / perspectives etc. To be able to truly innovate and provide creative solutions to our broad customer base – we need a diverse workforce. We have women leaders who run categories, businesses, technology teams and hold leadership positions at Amazon," said Deepti Varma, director HR -India & Middle East, Amazon, in response to a query from TOI.

The Jeff Bezos-led company has already invested over $5 billion here across commerce, payments and logistics business here. India has also seen major international programme or services like Prime, Amazon Music, Flex, Alexa, and Audible among others being brought to India.

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Original Text

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours. And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice. This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet. While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers. The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

Output

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers.

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Original Text

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours. And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice. This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet. While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers. The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

Output

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag.According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected.The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours.And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice.This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too.Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights.They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required.Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet.While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights.The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers.The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

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Original Text

NEW DELHI: President Ram Nath Kovind’s flight from Zurich to Slovenia was delayed on Sunday after the Air India Boeing 747 that was to fly as AI One developed a snag. According to sources, the president drove to Zurich airport where a last-minute glitch on the 26-year-old jumbo jet (VT-ESO) was suspected. The VVIP returned to his hotel and AI aircraft engineers immediately started working on the aircraft "Khajuraho".During this time, an AI Boeing 777 that was to operate on London-Mumbai sector with a schedule departure time of 1.15 pm (local time London) as flight 130 was kept on standby at Heathrow as alternate AI One to be flown to Zurich for the President’s journeys if needed.Luckily AI engineers rectified the jumbo jet which then flew President Kovind to Slovenia with a delay of a few hours. And AI 130 flew to Mumbai at 2.30 pm (local time London) from Heathrow without requiring to fly as alternate AI One to Zurich, say sources.Keeping an Air India aircraft at a foreign base nearest from where AI One has to operate as standby is a regular practice. This overseas trip of President Kovind first made news when Pakistan on September 7 denied permission for it to fly over its airspace from India to Europe and back.The B747 took a longer route to Europe when it left last Monday (Sept 9) and will take the longer route back home too. Now India is not going to seek clearance for VVIP flights to use Pakistan airspace till relations between he two countries improve.AI has been using over 25-year-old B747s as Air India One for long haul VVIP flights. They are used for commercial flights when not needed for VVIP flights and are retrofitted for them when required. Converting a passenger B747 into a VVIP aircraft takes about 12 days.By the end of this year or early next year, India will get dedicated state-of-the-art long haul aircraft when first of the two Boeing 777s currently being retrofitted in the US with the most most advanced security gizmos, including missile warning and counter-measure dispensing systems, for the president, VP and PM will join the VVIP fleet. While the first is expected in December, the second one may arrive a month later, say sources.Given their ultra hi-tech security and communications systems — at par with Air Force One — they cannot be used for regular flights. The over 26-year-old Boeing 747s are perfectly safe to fly but due to their advanced age, they are fuel guzzlers. The four-engine jumbo jets cannot fly longhaul routes like India-US nonstop and do so with a stop in Europe, something the twin-engine B777 has been doing for AI for years

Output

NEW DELHI: An inter-ministerial panel on fintech has suggested legislative changes be made to enable fixed deposits (FDs) and other financial instruments to be issued in dematerialised form as it is customer-friendly and secure.The Steering Committee headed by the economic affairs secretary also suggested that the department of financial services (DFS) and Reserve Bank of India may examine the suitability of virtual banking system in the Indian context.The panel, which submitted its report to finance minister Nirmala Sitharaman on Monday, said dematerialisation of financial instruments is customer-friendly given the wide reach of mobile technologies and also leads to disaster resilience and speedy recovery. the report said.Necessary suitable amendments to enable dematerialisation of financial instruments such as FDs and other deposits of the Post Offices, other forms of small savings certificates issued, Gold Deposit Certificates issued under GMS, Sovereign Gold Bonds, etc.may be undertaken, it said.Pending changes in laws and regulations that may be required to enable depositories to store all financial assets, the information pertaining to the assets may be stored in repositories so that consumers can access this information through a single window, it said.With regard to virtual banking, it said the Hong Kong Monetary Authority (HKMA) has recently issued guidelines for setting up virtual banks and is examining applications for virtual banking licences.The Committee recommends a thorough review of the PPI system with a view of considerably liberalising its use with adequate non-monetary limits safeguards to enable expansion of fintech, it said.It noted that there is an urgent need to reduce the costs of KYC to promote financial inclusion among the weaker sections.

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