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The current buzzword seems to be Artificial Intelligence. Whether it is finance or healthcare, artif...
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More than 15,000 employees of the Punjab State Power Corporation Limited (PSPCL) and Punjab State Power Transmission Corporation Limited (PSTCL) have launched a coordinated three-day strike beginning August 11, 2025. The protest, organized under the joint banner of Bijli Ekta Manch and Punjab State Employees Federation (PSEB), includes participation from over 15 unions, junior engineers, […]
Rajasthan state government has initiated the process of granting temporary status to daily wagers employed across various departments. This decision marks a pivotal shift in the state’s labor policy, aligning with broader national efforts to regularize informal employment and ensure equitable treatment of workers performing regular duties. Background and Policy Context Daily wage workers—often referred […]
OpenAI, the Microsoft-backed artificial intelligence research firm behind ChatGPT, has announced million-dollar bonuses for approximately 1,000 employees, representing nearly one-third of its workforce. The bonuses are aimed at retaining top talent in the face of intensifying competition from tech giants and startups aggressively recruiting AI researchers and engineers. OpenAI announced the news just ahead of […]
The diversified Indian conglomerate LNJ Bhilwara Group has appointed Ranjan Sarkar as its new Group Chief Human Resources Officer (CHRO), effective August 1, 2025. Ranjan joins the group at a pivotal moment as it accelerates expansion into green energy, power, and advanced materials, while continuing to strengthen its legacy businesses such as RSWM Limited and […]
In a candid conversation on the Lex Fridman Podcast, Google CEO Sundar Pichai offered a compelling perspective on leadership, emphasizing that winning in business should never come at the cost of losing your people. Drawing from his own experiences leading one of the world’s most influential tech companies, Sundar shared three key lessons that challenge […]
Microsoft CEO Satya Nadella has declared a fundamental transformation in the company’s identity, stating that its long-standing role as a “software factory” is no longer sufficient. Satya outlined a new vision for Microsoft as an “intelligence engine,” focused on democratizing artificial intelligence and empowering users to build their own intelligent tools and solutions. This strategic […]
Telecom equipment giant Nokia has announced plans to significantly expand its research and development (R&D) centre in India. The company will increase local hiring and invest in advanced training initiatives to support both domestic and global service operations. Speaking at a government-led event, Tarun Chhabra, Country Manager of Nokia India, emphasized the strategic importance of […]
Global management consulting and technology firm ZS has announced the opening of a new office in Hyderabad, marking a significant milestone in its India growth strategy. ZS inaugurated a new facility at Raheja IT Park in HITEC City, spanning 50,000 square feet. They designed it to accommodate between 550 and 600 employees. This expansion is […]
Nvidia CEO Jensen Huang has revealed that he personally reviews the compensation of all 42,000 employees at the company during every pay cycle. Speaking on the widely followed All-In Podcast, Jensen explained that this hands-on approach is central to his management philosophy. He said, “I review everybody’s compensation, up to this day, at the end […]
ICICI Bank, India’s second-largest private sector lender, has reported the lowest employee attrition rate among major private banks for the past three consecutive fiscal years, according to its latest Business Responsibility and Sustainability Reporting (BRSR) data. The bank’s attrition rate dropped to 18% in FY25, down from 24.5% in FY24 and 30.9% in FY23, reflecting […]
While artificial intelligence (AI) and automation have been widely cited as drivers of recent layoffs, a deeper structural shift is also at play: the rapid rise of Global Capability Centres (GCCs). These in-house tech hubs, established by multinational corporations to manage their operations directly, are increasingly challenging the traditional outsourcing model and contributing to workforce […]
India is poised to become a global hub for artificial intelligence (AI) talent, according to a joint report released by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG India. The report, unveiled during the 16th FICCI Global Skills Summit 2025, outlines a comprehensive roadmap for India to emerge as a strategic […]
