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8th Pay Commission: Timeline, Fitment Factor, and Salary Boost
Compensation

8th Pay Commission: Timeline, Fitment Factor, and Salary Boost

Union Cabinet has given in-principle approval for the formation of the 8th Pay Commission, which will revise salaries, pensions, and allowances for central government employees and pensioners. According to reports by Ambit Institutional Equities, the commission is expected to submit its recommendations by the end of 2025, with implementation likely to begin from January 1, […]

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TCS Appoints Janardhan Santhanam as Chief Information Officer
Appointments

TCS Appoints Janardhan Santhanam as Chief Information Officer

Tata Consultancy Services (TCS) has appointed Janardhan Santhanam as Chief Information Officer (CIO), effective July 1, 2025. With over 25 years at TCS, Santhanam brings deep institutional knowledge and strategic expertise at a time when the company is making significant strides toward becoming an AI-first enterprise. Reporting to Chief Operating Officer Aarthi Subramanian, he will […]

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TCS Says AI Won’t Kill Jobs—It Will Create New Ones
Hiring

TCS Says AI Won’t Kill Jobs—It Will Create New Ones

As artificial intelligence (AI) continues to redefine business operations across industries, Tata Consultancy Services (TCS) has made it clear that the technology will not slow down hiring, but rather reshape job roles and skill requirements. In a recent interview, Milind Lakkad, Chief Human Resources Officer at TCS, highlighted that AI is fueling business reimagination, legacy […]

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Infosys Foundation Launches A Program to Help 500,000 Youth
Employment

Infosys Foundation Launches A Program to Help 500,000 Youth

Infosys Foundation, the CSR and philanthropic arm of Infosys, launched a major employment initiative on July 15, 2025. The ‘Infosys Springboard Livelihood Program’ aims to help half a million young people across India find jobs by the year 2030. To start the program, the foundation has committed over ₹200 crore. This new effort focuses on […]

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Buy Your First Home Faster: New PF Rules Slash Waiting Period
EPFO

Buy Your First Home Faster: New PF Rules Slash Waiting Period

Employees’ Provident Fund Organisation (EPFO) has revised its PF withdrawal norms under the EPF Scheme, 1952, offering significant relief to first-time homebuyers. The newly introduced Para 68-BD allows EPFO members to withdraw up to 90% of their PF corpus for housing-related expenses—including down payments, EMIs, and construction costs—after just three years of account opening, down […]

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Big Update from EPFO! Interest Credited Early—Check Now
EPFO

Big Update from EPFO! Interest Credited Early—Check Now

Employees’ Provident Fund Organisation (EPFO) has begun crediting 8.25% interest for the financial year 2024–25 into member accounts, significantly ahead of its usual schedule. Traditionally credited between August and September, this year’s update started in early July, with over 96.51% of accounts already updated as of July 8. Labour Minister Mansukh Mandaviya confirmed that the […]

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TCS Pays 100% Variable Bonus to 70% of Staff
Compensation

TCS Pays 100% Variable Bonus to 70% of Staff

Tata Consultancy Services (TCS), India’s largest IT services firm, has announced a 100% payout of Quarterly Variable Allowance (QVA) to over 70% of its workforce for the April–June quarter (Q1 FY26). This marks the second consecutive quarter of full QVA disbursement, reinforcing the company’s commitment to employee recognition despite a challenging macroeconomic environment. According to […]

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HCLTech Prioritizes GenAI Talent as Headcount Slides in Q1
Industry

HCLTech Prioritizes GenAI Talent as Headcount Slides in Q1

HCLTech reported its Q1 FY26 results with mixed signals. The company posted a consolidated net profit of ₹3,843 crore, marking a 9.7% decline YoY from ₹4,257 crore in Q1 FY25, and a 10.7% drop QoQ from ₹4,307 crore in Q4 FY25. The decline was attributed to lower utilization, client-specific ramp-downs, and a one-time impact from […]

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Goldman Sachs Onboards AI Engineer Devin for Tech Roles
Employment

Goldman Sachs Onboards AI Engineer Devin for Tech Roles

Goldman Sachs has officially deployed Devin, the world’s first fully autonomous AI software engineer, developed by Cognition Labs. The bank’s Chief Information Officer Marco Argenti confirmed that Devin will begin working “on behalf of our developers,” executing routine coding tasks and automating legacy system updates. Initially, Goldman plans to deploy hundreds of Devins, with the […]

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Torrent Pharma Appoints Manish Kainth as CHRO
Appointments

Torrent Pharma Appoints Manish Kainth as CHRO

Torrent Pharma, one of India’s leading pharmaceutical companies, has appointed Manish Kainth as its Chief Human Resources Officer (CHRO). The move comes at a pivotal time as Torrent Pharma continues its global expansion and deepens its focus on building a future-ready workforce. Manish brings over two decades of HR leadership experience across diverse industries including […]

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Sun Pharma to Invest ₹3,800 Crore in MP, Create 2,000 Jobs
Hiring

Sun Pharma to Invest ₹3,800 Crore in MP, Create 2,000 Jobs

Sun Pharmaceutical Industries Ltd. (Sun Pharma), India’s largest drug manufacturer, has announced an investment of ₹3,800 crore in the state. The move will generate over 2,000 direct and indirect jobs, reinforcing the state’s emergence as a preferred destination for pharma and biotech investments. The announcement was made during the Madhya Pradesh Global Investors Summit (MP-GIS), […]

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Sahar Khan Joins Amplifon as India Head of Human Resources
Appointments

Sahar Khan Joins Amplifon as India Head of Human Resources

Amplifon, the global leader in hearing care retail, has appointed Sahar Khan as India Head of Human Resources. With over 14 years of cross-industry HR experience, Sahar steps into a strategic leadership role aimed at strengthening Amplifon’s people operations, culture transformation, and organizational development across its India footprint. Her appointment reflects Amplifon’s commitment to building […]

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