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Jobs

Hero MotoCorp sets up separate unit to sell Harley motorcycles

Feb 4, 2021

Governments Efforts to Generate Youth Employment

Governments Efforts to Generate Youth Employment Annual Periodic Labour Force Survey PLFS o...

Jobs

Feb 4, 2021

Governments Efforts to Generate Youth Employment

ESIC further librated claim process under Atal Beemit Vyakti Kalyan Yojana

ESI Corporation, claim process under Atal Beemit Vyakti Kalyan Yojana further liberated Atal Beemit ...

Labour Law

Feb 4, 2021

ESIC further librated claim process under Atal Beemit Vyakti Kalyan Yojana

HR Building the HR Framework of the Next Decade

HR Building the HR Framework of the Next Decade The pandemic has adversely impacted the regula...

New HR Trends

Feb 4, 2021

HR Building the HR Framework of the Next Decade

CHRO Move

Titan appoints Swadesh Behera as CHRO

Titan appoints Swadesh Behera as Chief Human Resources Officer Titan has announced the appointment of Swadesh Behera as Chief Human Resources Officer, effective July 2021. He replaces R Rajnarayan who will retire on June 30. Prior to this, Swadesh was Senior Director – HR at Boston Scientific Corporation (BSC). His previous stints include Ranbaxy, Coca […]

Feb 4, 2021

Jobs

Industry Reactions on Union Budget 2021-22

Industry Reactions on Union Budget 2021-22 Union Budget 2021 India: In the midst of an economic slowdown induced by the ongoing pandemic, the Hon’ble Finance Minister Nirmala Sitharaman presented Union Budget 2021- 22 on February 1 in Parliament. Here are Industry reactions on the same… Kumar Mayank, Founder – Zimyo The Union Budget this year […]

Feb 3, 2021

C-Suite Move

Jeff Bezos to step down as Amazon Chief Executive Officer

Jeff Bezos to step down as Amazon CEO; Andy Jassy named the new CEO Jeff Bezos will step down as Amazon CEO and become the company’s executive chairman later this year. The transition, slated for the third quarter, will make Amazon Web Services’ (AWS) founder Andy Jassy Amazon’s next chief executive officer. This, even as the e-commerce company reported its third consecutive […]

Feb 3, 2021

Jobs

65% working women feel Covid impacted their careers negatively: Survey

65% working women feel Covid impacted their careers negatively: Survey The impact of the pandemic has been disastrous for many, including women, as 65 per cent of working women feel that Covid-19 has impacted their careers negatively, a survey said on Tuesday. In the survey, 4 in 10 women reported job losses in 2020. In April and May alone, […]

Feb 3, 2021

Human Resources

Thomas Cook CHRO on HR Plans and Priorities for the year 2021

Rendezvous with Mona Cheriyan, President & Group Head, HR, Thomas Cook (India) Ltd. Mona Cheriyan is currently the President & Group Head Human Resources of Thomas Cook India Ltd. She is responsible for the Strategy, Leadership Development, Employee Engagement, and other HR functions at the Group level. Thomas Cook’s footprint currently extends to 25 countries […]

Feb 3, 2021

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C-Suite Move

Mahindra & Mahindra Finance appoints Anish Shah as Chairman

Mahindra & Mahindra Finance appoints Anish Shah as Chairman Mahindra & Mahindra Financial Services (Mahindra Finance) has announced the appointment of Anish Shah as the chairman of the board, effective April 2, 2021. Shah is already a director of the company. He is the deputy managing director and group CFO of Mahindra and Mahindra […]

Feb 2, 2021

Jobs

Tech Mahindra to cut BPO staff by 5,000 in FY21

Tech Mahindra to cut BPO staff by 5,000 in FY21 due to automation Despite rising revenues, IT major Tech Mahindra is set to reduce its business process services (BPS) headcount by 5,000 to 38,000 in FY 2020-21, as a larger part of the tasks get completed through automation and artificial intelligence. Company executives said there is a […]

Feb 2, 2021

Jobs

Siemens Energy to shed 7,800 jobs worldwide

Siemens Energy to shed 7,800 jobs worldwide Energy technology company Siemens Energy said Tuesday that it plans to shed 7,800 jobs worldwide by 2025 as part of a drive to cut costs. The company, which was spun off last year by German industrial conglomerate Siemens AG, currently has more than 90,000 employees around the world. It […]

Feb 2, 2021

Merger & Acquisition

Cognizant Completes Acquisition of Magenic Technologies

Cognizant Completes Acquisition of Magenic Technologies, Broadening Its Global Software Product Engineering Network Cognizant has completed the previously announced acquisition of Magenic Technologies, a privately-held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition expands Cognizant’s software product engineering footprint, adding 475 employees in the U.S. across seven locations, and more than 350 […]

Feb 2, 2021

Jobs

Infra and healthcare will boost growth, generate jobs: US chamber of commerce

Infra and healthcare will boost growth, generate jobs: US chamber of commerce A Boston-based India-centric chamber of commerce on Monday said the increase in healthcare outlay in the latest annual budget will lead India towards a healthier country and the thrust on infrastructure will boost growth and generate jobs. “Overall, these announcements are rightly directed […]

Feb 2, 2021

EPFO

EPFO: Interest on your PF contributions over Rs 2.5 lakh to be taxed

EPFO: Interest on your PF contributions over Rs 2.5 lakh to be taxed Interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from April 1, 2021, a move aimed at taxing high-value depositors in the EPF. Finance Minister Nirmala Sitharaman said the Employee Provident Fund (EPF) is aimed […]

Feb 2, 2021

Compensation & Benefits

Top 5 HR Priorities of HR Budget -2021

Top 5 HR Priorities of HR Budget -2021 I remember reading an article sometime back where The Economist had conducted a study post the Global Recession and analyzed how it impacted major roles in the organizations. The biggest loser as per the study was CHRO as HR experienced the greatest budget restrictions. With the world […]

Feb 2, 2021