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Kotak Mahindra Bank Kotak today announced a spree of activities that are being conducted for Kotak...
Maruti Suzuki India LimitednbspMSIL has worked out an action plan with the detailed standard ope...
From wildfires in Australia to the downward spiral of crude oil prices to COVID- outbreak ...
BMW Group President and CEO Rudratej Singh passed away on Monday morning due to a massive cardiac arrest. It is believed that Rudratej was fine in the morning as he had interacted with his leadership team through text messages before heading to the gym inside his house in Delhi for a workout. At around 10.30 […]
According to a TOI report, In the current situation, Tech Mahindra‘s top executives forego their bonus/ variable payout in the June quarter – to absorb partially the financial impact of the pandemic. Harshvendra Soin, Chief People Officer in Tech Mahindra, said the variable payout/ bonus for the majority of employees has been protected and will […]
Labour commissioner has issued notice to Capgemini, warning of action if it fails to revise its decision After the complaint by the Maharashtra unit of FITE (a self-proclaimed union for IT employees) and National Information Technology Employees Sena (NITES) on Twitter and a written complaint to Chief Minister Uddhav Thackeray and Labour Commissioner, Maharashtra that […]
Macroeconomic indicators which means production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes, and business profits……….when all of this fall, that’s when the alarm rises! For once, if we look at these indicators, one might question what has it to do with HR? But unfortunately, it does because all […]
It has been a topsy-turvy start to the third decade of this century. COVID-19 has brought with it many disruptions. Coronavirus has significantly changed the contours of professional life. These days, home is the new office. The Internet is the new meeting room. For the time being, office breaks with colleagues are history. I have also […]
The Government has released a list of the services that will remain functional across the country from April 20. Union minister Ravi Shankar Prasad has shared the list of what will remain open all over India effective April 20. Here is a list of what will remain open all over India with effect from 20th […]
The Centre has issued a fresh set of guidelines for the Lockdown 2,0, which list a number of relaxations that will come into force post-April 20. The government has said that it will allow agriculture, construction, Information Technology, industrial units in the SEZs and rural areas to function if they follow lockdown guidelines to a […]
IT giant Wipro has deferred annual increments and scheduled promotions for the month of June for most of its employees and postponed campus hiring amid the coronavirus pandemic. Abidali Neemuchwala, CEO, Wipro said, “There has to be a trade-off, which will be in hiring, salary increases, and sub-contracting costs.” Saurabh Govil President and CHRO, Wipro said […]
EPFO and ESIC have been advised to collate the data on job losses and wage cuts. As soon as information is collated a report can be introduced to the Prime Minister’s Office (PMO). This labour ministry initiative comes as stressed economic situation has raised fears of widespread layoffs/salary reductions in India’s organized sector and in […]
MUMBAI:Largest Indian software exporter TCS on Thursday said it will not retrench any of its nearly 4.5 lakh employees, but has decided not to give any salary hikes this year. The Tata group company said it will honour each of its commitments on new hires by taking all the 40,000 people who have been given offers […]
Accenture and Verizon launches People + Work, B2B platform to match laid-off workers with open positions As unemployment surpasses record highs due to COVID-19, a group of leading companies from multiple industries has formed People + Work Connect, an employer-to-employer initiative that brings together companies laying off or furloughing people with those companies in urgent […]
Vistara CEO Leslie Thng on Wednesday announced that senior employees will be going on compulsory leave without pay for up to three days between April 15 and April 30 as a measure to further conserve the airline’s cash flow amid the lockdown to combat the coronavirus threat. On March 27, the airline had also introduced […]
