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Industry

CBI books EPFO official, Jet Airways employees PF fraud case

Jul 14, 2023

Wipro QFY headcount down by , employees, attrition .

Wipro Limited a leading technology services and consulting company, announced financial results unde...

Industry

Jul 14, 2023

Latest news: Wipro QFY headcount down by , employees, attrition . - SightsIn Plus

Airtel and VI rewarded - salary hikes bonuses up to

Telecom companies Airtel and Vodafone Idea have rewarded their employees with - per cent pay incre...

Compensation

Jul 14, 2023

Latest news: Airtel and VI rewarded - salary hikes bonuses up to - SightsIn Plus

TCS rolls out annual pay hikes, and promotions effective from April

Indias largest IT services provider firm, Tata Consultancy ServicesnbspTCS has announced ...

Industry

Jul 13, 2023

Latest news: TCS rolls out annual pay hikes, and promotions effective from April - SightsIn Plus

Industry

Policybazaar employees win houses, cars as new R&R initiative

Policybazaar last week concluded Season 3 of Jeeto Apna Ghar (JAG), an award-winning employee-focused initiative. The company said that across three successful seasons, policybazaar’s Jeeto Apna Ghar contest has 23 houses and 8 cars given out till date – prize money of over 25 Cr. Amid overwhelmingly positive employee feedback, Policybazaar last week concluded Season […]

Jul 13, 2023

Industry

Deloitte, PwC, IBM set up offices in India’s smaller cities

The major firms including Deloitte, PwC, and IBM are stepping up investments in new Indian facilities away from bigger cities as global demand for cheaper back office operations. As per report, Ernst & Young in June said it expects multinationals to set up “global capability centres” for all types of industries in tier-2 cities such […]

Jul 13, 2023

Hiring

McKinsey is hiring for Internship & Experienced jobs, Check Details

A global management consulting firm, McKinsey & Company is hiring for various roles including Internship & experienced Jobs. Internship Associate Intern: The company said that in this role, you will help clients in private, public, and social sectors solve their most pressing problems. You will also work with many experts, from data scientists and researchers to […]

Jul 13, 2023

Compensation

HCLTech sees headcount reduction in Q1FY24, defers pay hikes

HCLTech, a leading global technology company, announced its financial results for Q1FY24, the quarter ended June 30, 2023. C Vijayakumar, CEO, and Managing Director, HCLTech, said, “In Q1FY24, our revenue and people strength sequentially moderated in line with the demand environment.” “We delivered a 6.3% YoY growth in constant currency. We experienced strong growth in […]

Jul 13, 2023

Compensation

TCS CHRO: 55% of employees working 3 days a week from office

India’s largest IT services firm, Tata Consultancy Services (TCS) reported its consolidated financial results for Q1FY24 the quarter ending June 30, 2023. The IT giant reported a 16.84 per cent year-on-year (YoY) rise in its consolidated net profit. But on a quarter-on-quarter (QoQ) basis, TCS’ consolidated net profit was down 2.8 per cent. K Krithivasan, […]

Jul 13, 2023

Demise

Bengaluru former employee of tech firm kills MD and CEO

A former employee of a tech firm has killed Managing Director and Chief Executive Officer. The incident took place at the company’s office in Bengaluru. The deceased persons have been identified as Vinu Kumar, the CEO of Aeronics Media Pvt ltd, and Phanindra Subramanya, the firm’s MD. The police informed to media that the incident […]

Jul 13, 2023

Industry

Wipro to invest $1 Billion in AI & train all 250,000 employees on AI

Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, […]

Jul 13, 2023

Industry

IT Union urges Labour Ministry to intervene as TCS defers joining

An IT employees union, Nascent Information Technology Employees Senate (NITES) has written a letter to the Labour Minister urging them to take action as Tata Consultancy Services (TCS) reportedly delayed the onboarding of several lateral hires. NITES has asked the Minister for Labour and Employment Bhupender Yadav to intervene in the matter. According to reports, […]

Jul 12, 2023

Compensation

IT major Infosys defers salary hikes for employees

India’s second-largest IT giant Infosys has deferred the salary hikes of its employees which it usually rolls out from April for its employees below the senior management level. Earlier also in the 2020, pandemic year, the company froze hikes and then rolled out hikes in January 2021. Usually, Infosys rolls out pay hikes for employees […]

Jul 12, 2023

CHRO Move

Walmart Global Tech gets Bhumika Srivastava as People Leader

Walmart Global Tech has appointed Bhumika Srivastava as People Leader. In this role, she will lead the HR strategy and operations for the largest retail company in the world. She has confirmed the appointment on social media and said, “It is a matter of great pride and enthusiasm to join Walmart. I have joined Global […]

Jul 12, 2023

Layoffs

Dukaan 90% of customer support staff replaced with AI chatbot

A DIY platform that enables merchants with zero programming skills to set up their e-commerce store using smartphones, Dukaan has replaced 90% of customer support staff with an AI chatbot. Suumit Shah, Founder of Dukaan® shared a Tweet from the official Twitter handle saying, “We had to lay off 90% of our support team because of […]

Jul 12, 2023

Hiring

Deutsche India to hire thousands of employees; Check the Details

A German multinational investment bank and financial services company, Deutsche India is planning to hire thousands of employees. Deutsche Bank’s India centre is the largest within the global network with other such locations in Europe and the US. It will an important role to deliver innovative products and services to its clients. The hiring has been […]

Jul 12, 2023