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Govt considering 100% WFH for employees in SEZ units
Industry

Govt considering 100% WFH for employees in SEZ units

Commerce and Industry Minister Piyush Goyal said on Tuesday that the commerce ministry is considering to allow 100 percent work from home (WFH) for employees of units in special economic zones (SEZ). Currently, the Centre allows 50% of the overall staff of a company based out of a Special Economic Zones (SEZ) to work from […]

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Capgemini announces its 9th Employee Share Ownership Plan
Compensation

Capgemini announces its 9th Employee Share Ownership Plan

IT major, Capgemini has announced the launch of its ninth Employee Share Ownership Plan (ESOP). This new employee share ownership plan is offered to approximately 97% of the employees and is part of the Group’s policy to associate all employees with its development and performance. This ESOP will be implemented through a capital increase reserved […]

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Nokia appoints Amy Hanlon-Rodemich as Chief People Officer
CHRO Move

Nokia appoints Amy Hanlon-Rodemich as Chief People Officer

Nokia has announced the appointment of Amy Hanlon-Rodemich as Chief People Officer and member of the Group Leadership Team, effective October 24, 2022. Amy Hanlon-Rodemich joins Nokia from GlobalLogic, a leading company in digital product engineering, where she is Chief People Officer. She is an experienced HR executive who has helped some of Silicon Valley’s top […]

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HCL lays off 350 employees working on Microsoft project: Report
Layoffs

HCL lays off 350 employees working on Microsoft project: Report

According to reports, India’s IT services provider, HCL Technologies has laid off 350 employees globally who were working on its client Microsoft’s news-related products. The layoffs have affected the employees who were working on its client Microsoft’s news-related products due to tough global market conditions. The lay off were from across geographies including Guatemala, the Philippines, […]

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Endo International appoints Dr. Tanaya Mishra as Head- HR, India
C-Suite Move

Endo International appoints Dr. Tanaya Mishra as Head- HR, India

A specialty pharmaceutical, Endo International plc has announced the appointment of Dr. Tanaya Mishra as Vice President & Head of Human Resources (India). Tanaya confirmed the development on social media, ” I’m excited to start my new journey and an exciting new beginning with Endo International plc as Vice President & Head of Human Resources (India).” Tanaya […]

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5 H of Employee Retention Plan to Win Tough Times
Employee Retention

5 H of Employee Retention Plan to Win Tough Times

While the world is staring at recession, India’s growth story continues to shine. According to a recent survey by Bloomberg, the probability of India slipping into recession is zero. Most forecasts including the recent one from IMF have predicted India’s GDP growth for FY 23 to be more than 7%. As the world stares at recession, the […]

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Swiggy offers free skill-based learning to DEs and their kids
Industry

Swiggy offers free skill-based learning to DEs and their kids

Online food delivery platform Swiggy on Tuesday announced a skilling initiative to offer free learning opportunities to thousands of delivery executives and their children. The L&D team learnt that a majority of the delivery partners wanted to acquire skills that would enhance their current role, pick up new roles at Swiggy and even prepare for opportunities that […]

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Infosys warns employees: ‘No two-timing’, no double lives
Industry

Infosys warns employees: ‘No two-timing’, no double lives

India’s second-largest IT services provider, Infosys has said that moonlighting is not permitted according to the employees’ code of conduct of the company. Infosys said that employees cannot take up other assignments during or outside business hours. The company has also added that any violation will lead to disciplinary action that could include termination of […]

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16 female employees faint after spraying mosquito repellent in UP
Industry

16 female employees faint after spraying mosquito repellent in UP

It has been reported that Sixteen female employees fell unconscious on Sunday evening when mosquito repellent was sprayed at the company premises. Police said that this incident occurred in electronic parts manufacturing company in Uttar Pradesh’s Greater Noida Ecotech 3. The complaint was filed by the police by the family members of the affected female employees. The […]

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ESI Act applies to factories/ establishments: Benefits with reduced contribution
Labour Law

ESI Act applies to factories/ establishments: Benefits with reduced contribution

The ESI Act applies to factories/establishments in the organised sector wherein 10 or more people are employed. Also, this Act applies to employees drawing monthly wages up to Rs. 21,000/-. ESI shared a Tweet on its official Twitter Handle saying, “ESI Act applies to factories/establishments in the organised sector wherein 10 or more person are […]

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American Express India appoints Sanjay Khanna as CEO
C-Suite Move

American Express India appoints Sanjay Khanna as CEO

American Express Banking Corp., (AEBC) announced the appointment of Sanjay Khanna as the Chief Executive Officer (CEO) and Country Manager, AEBC Corp., India. Sanjay heads the Country Executive Team and is responsible for driving growth across the organization’s consumer and commercial businesses. In his new role, Sanjay will also spearhead several strategic and business development […]

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Goldman Sachs plans job cuts
Layoffs

Goldman Sachs plans job cuts

A leading global investment banking, securities, and investment management firm, Goldman Sachs is preparing for layoffs that could come as early as this month. According to people with knowledge of the matter, The company is planning to eliminate several hundred roles starting this month. While the total number is less than some previous rounds. Goldman Sachs chief […]

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