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The health of the Indian Banking sector, the Reserve Bank of India RBI recently raised the repo ra...
An American communications technology company, Zoom has announced to sack employees or roughly ...
A multinational information technology services and consulting company, Capgemini is hiring for vari...
An Indian multinational information technology company, Infosys has fired 600 freshers after they fail an internal assessment test. Recently, Wipro also sacked 452 fresher employees due to poor performance. The company fired the employees after taking an internal test. However, the company also waived the training cost of Rs.75,000/- for the freshers. According to Business Today a […]
A leading digital innovation solution provider, Creative Synergies has announced the appointment of Sujendra GS as Vice President- HR. In this role, Sujendra GS will be responsible for spearheading people-related initiatives for the brand’s business units in India, the US, Japan, Germany, the Netherlands, and the UK. Sujendra GS, Vice President, Creative Synergies Group said, […]
India’s top two IT Companies Cognizant India & Accenture in India laid off a few of their employees due to Failed Background Checks in 2022. Cognizant India reported 6 percent involuntary attrition in the September ending quarter of FY22, which also includes the sacking of employees due to failed background checks. Accenture in India also fired a few […]
Yesterday, Cognizant, one of the world’s leading professional services companies announced its fourth-quarter and full-year 2022 financial results. Key Highlights Headcounts The company has announced the total headcount at the end of the fourth quarter was 355,300, an increase of 5,900 from Q3 2022 and an increase of 24,700 from Q4 2021. Attrition Voluntary attrition, […]
Honorable Union Finance Minister Smt Nirmala Sitharaman has presented the Union Budget 2023-24 yesterday February 1, 2023 in parliament. Here are key highlights of the Budget 2023. Industry Reactions Arun Kumar Gupta, CFO, Newgen Software said, The Union Budget 2023-24 showcases the government’s focus on developing both the physical and digital infrastructure. The boost in […]
An American multinational conglomerate, GE Renewable Energy is inviting applications for the Internship program 2023. Commenting on the Internship 2023 the company said, “We offer meaningful, impactful assignments as well as an internship that includes team building, career development opportunities, and more! Digital Technology Interns are GE Renewable Energy’s primary pipeline to full-time employment opportunities […]
As per BBC reports, An American multinational technology company, Staff of Amazon Coventry warehouse in the UK workers have revealed that their toilet breaks were timed. The workers of the Coventry warehouse recently signed up to join the GMB union. The employees have been on strike for several days in London over wages and severe working conditions. As […]
Yesterday, January 25, 2023, several Microsoft services including MS Teams, Outlook, Microsoft 365, and Azure were down for thousands of users in India and users were unable to access Microsoft’s multiple services. According to the outage tracking website Downdetector.com, about 63% of users reported that they were facing issues with the Teams app, 26% reported issues […]
An investment management platform, Ananta Capital has announced the appointment of Geetika Mehta as Chief Human Resources Officer. Geetika Mehta has confirmed the appointment on social media and said, “I’m happy to share that I’m starting a new position as Group Chief Human Resources Officer at Ananta Capital!” “Thanks, Lovkesh Kapoor , Ashutosh Taparia, and Aakash Anand for the opportunity! Look forward to […]
Amazon India has launched Amazon Air, making it the first e-commerce company in the country to have a dedicated air cargo network. It will utilize the cargo capacity of two Boeing 737-800 aircraft operated by Quikjet Cargo Airlines. Each Amazon Air aircraft will ship thousands of packages every day and fly across Hyderabad, Bengaluru, Delhi, […]
EY, the leading professional services organization, announced its growth projection for India which estimates the Indian economy will reach a GDP size of US$26 trillion (in market exchange terms) by 2047, the 100th year of the country’s independence. The per capita income is expected to increase to US$15,000, putting the country among the ranks of developed […]
