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Performance Management Systems PMS are important frameworks that organizations use to assess and i...
Infosys reported a mixed performance in its Q FY results. The companys net profit declined...
Jindal Stainless, Indias largest stainless steel manufacturer, has unveiled its new Employee ...
Game theory has evolved from a niche mathematical concept to a powerful model that is revolutionizing the way firms formulate strategy and make use of human assets. By modeling competitive scenarios as mathematical games, firms gain valuable insights into the complex dynamics of decision-making, cooperation, and competition. Applications cover negotiation techniques to talent management, fundamentally […]
Lava International Limited, India’s leading homegrown smartphone manufacturer, has made headlines with its largest-ever hiring initiative. In 2024, the company onboarded over 2500 freshers across various functions, reinforcing its commitment to India’s burgeoning mobile technology sector. This strategic move reflects Lava’s vision of “Lava Reimagined,” which focuses on fostering innovation, inclusivity, and leadership. It also […]
Tata Consultancy Services (TCS) is ramping up its hiring efforts with plans to onboard 40,000 freshers in FY26, signaling a strong focus on future growth. The company also added 625 employees in Q4 FY25, reversing the declining headcount trend seen in previous quarters. Over the full fiscal year, TCS increased its workforce by 6,433 employees, […]
Walmart-owned e-commerce giant Flipkart has announced that all employees will now be required to work from the office five days a week. This move ends the work-from-home (WFH) flexibility that the company introduced during the COVID-19 pandemic. The decision places Flipkart alongside other major players in the e-commerce and quick commerce sectors. Companies like Amazon, […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has achieved a remarkable milestone by becoming the world’s second-largest IT services company. This achievement is a testament to TCS’s consistent growth, innovation, and customer-centric approach. TCS has achieved annual revenues exceeding $30 billion, marking a significant milestone. Its brand valuation of $21.3 billion reinforces its […]
Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, has announced the appointment of Dr. Ankur Baruah as its new Director of Human Resources (HR). This significant development marks a new chapter in the company’s journey, as Ankur brings with him a wealth of experience and […]
Wipro, one of India’s leading IT services companies, has faced scrutiny over its entry-level salary structure for freshers. For over a decade, the starting salary for fresh graduates has remained in the range of ₹3-4 lakh per annum. This has sparked debates about compensation trends in the IT industry, especially in light of inflation and […]
Recently, the CHRO of a leading consulting firm shared an insightful confession: “In my company, performance appraisals follow a highly systematic process. They are conducted on time, and comments are diligently entered into the system. We have a strong mechanism to validate incomplete appraisals, ensuring compliance. Yet, despite this structured approach, employees often feel disconnected […]
According to recent studies, by 2030, 70% of the skills required for most jobs will be fundamentally redefined. This transformation is not merely about replacing repetitive tasks with machines; it represents a complete overhaul of what it means to be skilled and employable in the digital age. As organizations and professionals brace for this change, […]
Wipro reported a strong performance in Q4FY25, with consolidated net profit rising by 25.9% year-on-year to ₹3,569.6 crore. Revenue from operations increased marginally by 1.3% to ₹22,504.2 crore, compared to ₹22,208.3 crore in Q4FY24. Sequentially, the net profit also grew by 6.4% from ₹3,354 crore in Q3FY25. The operating margin for Q4FY25 stood at 17.5%, […]
Goldman Sachs Alternatives, the private equity arm of the global investment bank, has acquired a majority stake in PeopleStrong, a leading HR SaaS provider headquartered in Gurugram, India. This acquisition represents a significant milestone for PeopleStrong. It positions the company for accelerated growth and innovation in the human capital management (HCM) space. The deal underscores […]
TCS had initially announced its annual salary hike during the Q3FY25 results, with increments ranging from 4% to 8%, effective March 2025 and payments starting in April. Offsite employees were expected to receive hikes of 7-8%, while onsite employees were to see a more modest increase of 2-4%. High-performing employees were to be rewarded with […]
