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Wipro ropes in YES Bank’s Anup Purohit as Chief Information Officer
C-Suite Move

Wipro ropes in YES Bank’s Anup Purohit as Chief Information Officer

IT Major, Wipro has announced the appointment of Anup Purohit as Chief Information Officer. In his new role, he will report to Sanjeev Singh, Chief Operations Officer. Anup brings with him over 25 years of experience across Banking and Financial Services, centered around Innovation in Digital Banking, Financial Management, Business Solutions & Service Delivery, Portfolio […]

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ABB India re-appoints Sanjeev Sharma as Managing Director
Appointments

ABB India re-appoints Sanjeev Sharma as Managing Director

ABB India has announced the reappointment of Sanjeev Sharma as Managing Director for a period of 5 years commencing from January 1, 2022. His current term expires on December 31, 2021, as said in the BSE filing. ”On the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its meeting held on June 11, […]

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TCS employees to return to offices post-Covid: N Chandrasekaran
Industry

TCS employees to return to offices post-Covid: N Chandrasekaran

N Chandrasekaran, Tata Sons chairman said in a statement said even though a “hybrid” model will be the new normal in the future, India’s largest software exporter TCS will ask employees to come to work after the COVID-19 Pandemic is over. Chandrasekaran explained and said “social interactions are a social necessity. “I do want to make the point […]

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Flipkart rolls out unlimited medical insurance cover for employees
Coronavirus

Flipkart rolls out unlimited medical insurance cover for employees

Unlimited Medical Insurance Cover E-commerce major, Flipkart has introduced a first-of-its-kind unlimited medical insurance cover for employees, thereby fully covering all medical expenses and cost of hospitalization, without employees paying any premium for it. Flipkart has also announced updated policies, designed to look at the post-pandemic world and the needs of the employees and their families. The […]

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JCB India rolls out COVID-19 bereavement support policy
Coronavirus

JCB India rolls out COVID-19 bereavement support policy

JCB India, an earthmoving and construction equipment company has announced that It will support the education of the children of its employees who succumbed to Covid-19. Additionally, the company is also extending medical insurance for their families to 10 years as part of a relief package for its staff. JCB India said, apart from the […]

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GroupM elevates Madhvi Pahwa as Chief People Officer for South Asia
CHRO Move

GroupM elevates Madhvi Pahwa as Chief People Officer for South Asia

GroupM, WPP’s media investment group, has elevated Madhvi Pahwa as its new Chief People Officer for South Asia. Previously, she was Chief People Officer at Mindshare Apac prior. Madhvi replaces Rohit Suri who is moving on to explore other opportunities. A replacement for the role of Mindshare APAC CPO will be announced shortly. In her new […]

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Flipkart announces support to families of employees who died of COVID-19
Industry

Flipkart announces support to families of employees who died of COVID-19

Flipkart is covering the vaccination cost for employees and five dependents each Walmart-owned Flipkart has announced a new policy for employees that includes extended medical coverage and support for families of deceased employees as part of its COVID-19 relief efforts. Flipkart continues to prioritise employee well-being with a slew of measures extending care and wellness […]

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EPFO members to get 8.5% interest by next month
EPFO

EPFO members to get 8.5% interest by next month

8.5% Interest Payout to be credited to the subscribers’ bank accounts by next month, July 2021 Employees’ Provident Fund Organisation (EPFO) has finalized the interest rates on provident fund deposits for 2020-21 at 8.5 per cent. The retirement body EPFO is likely to credit the interest amount in the accounts of its subscribers by July 2021. According […]

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ESI extends coverage for casual and contractual workers
ESIC

ESI extends coverage for casual and contractual workers

ESI extends coverage for casual and contractual employees of Municipal bodies Union Minister Santosh Gangwar has announced the decision to extend coverage under the Employees’ State Insurance Act, 1948 (ESI Act) to all casual and contractual workers working in the municipal bodies in the country. He said, the ESI Corporation has been directed to take […]

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Labour Market of India is in its worst condition since April-May: CMIE
Jobs

Labour Market of India is in its worst condition since April-May: CMIE

The 30-day moving average unemployment rate as of June 6, 2021, was 13 per cent As the employment rate continues to worsen amid the second wave of Covid-19, the Centre for Monitoring Indian Economy (CMIE) has said that the Indian labour market is in its worst condition since April-May last year, when the whole country […]

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Tata Digital acquires majority stake in online pharmacy 1mg
Merger & Acquisition

Tata Digital acquires majority stake in online pharmacy 1mg

Tata Digital acquires a majority stake in online pharmacy 1mg Tata Digital, a wholly-owned subsidiary of the Tata Group, said on Thursday it is acquiring a majority stake in digital health startup 1mg, It would be the second major investment after the acquisition of BigBasket. Tata’s didn’t share the financial details of the investment deal. […]

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HUL appoints Unilever Kedar Lele as Executive Director
C-Suite Move

HUL appoints Unilever Kedar Lele as Executive Director

Currently, Kedar Lele is Chairman and Managing Director of Unilever Bangladesh FMCG major, Hindustan Unilever Ltd (HUL) announced the appointment of Kedar Lele to the HUL Management Committee as Executive Director, Customer Development, effective from July 1, 2021. Currently, Lele is Chairman and Managing Director of Unilever Bangladesh. He will take over from Srinandan Sundaram who will move into his […]

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