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Shell elevates Tarun NP Varma as VP- HR, for Technology division
Appointments

Shell elevates Tarun NP Varma as VP- HR, for Technology division

British-Dutch multinational oil and gas company Shell elevates Tarun NP Varma as Vice President – Human Resources for Technology division. Earlier, he was Vice President – Human Resources, India. Commenting on his new role Tarun said, “I, am excited to take on my new assignment as the global HR Leader for Shell’s Technology division, at […]

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Qantas idles 2,500 more staff as COVID-19 cuts domestic flights
Industry

Qantas idles 2,500 more staff as COVID-19 cuts domestic flights

Qantas Airways is temporarily idling about 2,500 employees without pay for at least two months in a bid to cope with fresh COVID-19 restrictions in Australia slashing domestic travel demand. The decision will directly impact domestic pilots, cabin crew, and airport workers, mostly in New South Wales, the airline said on Tuesday, adding that no […]

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Over 43,000 TCS employees resigned in one year, Attrition at 8.6%
Industry

Over 43,000 TCS employees resigned in one year, Attrition at 8.6%

Tata Consultancy Services (TCS) has announced its Q1 results of FY22 last month. According to the first-quarter results, over 43,000 employees in TCS resigned in the last 12 months. The attrition rate was reported at 8.6%. Currently, TCS has a total headcount of 509,058. The company has crossed the 5.0 lakh milestone in the total workforce. […]

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Pokarna sets up Rs. 500 crore plant in Hyderabad, to create 3,000 jobs
Industry

Pokarna sets up Rs. 500 crore plant in Hyderabad, to create 3,000 jobs

Pokarna Engineered Stone Limited, a subsidiary of Pokarna Ltd on Friday said it has established a state-of-the-art quartz surfaces manufacturing facility, one of the largest in the world, with an investment of Rs 500 crore in Telangana. K T Rama Rao, Minister for Industries and Information Technology, is scheduled to inaugurate the new plant on Saturday, a […]

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Hiring increased 11% in Q1, June ended Quarter: Survey
Survey & Report

Hiring increased 11% in Q1, June ended Quarter: Survey

Hiring in the organised sector increased by 11 per cent in the quarter ended June, the latest edition of Indeed India Hiring Tracker showed on Monday. Standout growth was witnessed in information technology (61 per cent), financial services (48 per cent) and BPO/ITeS (47 per cent) as the job market begins showing signs of recovery from Covid […]

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Panasonic India elevates Manish Sharma as Chairman and President
Appointments

Panasonic India elevates Manish Sharma as Chairman and President

Japanese electronics company Panasonic Corporation announced the elevation of Manish Sharma as Chairman and President of Panasonic India, effective from 1 October 2021. He will continue to serve as President and CEO, Panasonic India and South Asia. Additionally, Manish will assume responsibility for leading the Panasonic Operational Excellence India, and Panasonic India Appliances Company, Lifestyle […]

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Procter & Gamble appoints Shailesh Jejurikar as new global COO
C-Suite Move

Procter & Gamble appoints Shailesh Jejurikar as new global COO

Procter & Gamble (P&G) has elevated Shailesh Jejurikar as the global Chief Operating Officer, making him the first Indian to take over this role. His appointment is effective from October1, 2021, the company said in the press release. This is in line with the change at the Chief Executive Officer level with Jon Moeller taking […]

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Tata Motors lost 91 people from its ecosystem due to Covid-19
Industry

Tata Motors lost 91 people from its ecosystem due to Covid-19

Tata Motors lost 91 people from its ecosystem due to COVID-19 and it “will do everything” it can to support their families, company Chairman N Chandrasekaran said on Friday. Even after enduring “the fiscal year 2021” which has been “amongst the most challenging to date”, the company is on track to become a zero-debt company by the financial […]

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Diageo India rolls out 26 weeks parental leave policy, regardless of gender
Industry

Diageo India rolls out 26 weeks parental leave policy, regardless of gender

Diageo India has announced a 26-week parental leave policy to all employees, regardless of gender, after birth/adoption of a child. The policy is effective from July 30, 2021. The policy offers all eligible employees a 26-week parental leave, comprising all benefits and bonuses, irrespective of gender or sexual orientation. This policy includes surrogacy, adoption, and biological conception. […]

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Over 23,000 Cognizant employees have left in the first quarter of this year
Industry

Over 23,000 Cognizant employees have left in the first quarter of this year

The US-based information technology (IT) consulting company Cognizant, one of the world’s leading professional services companies has announced its first-quarter 2021 financial results on July 28, 2021. Cognizant’s attrition for the first quarter escalated to a record high of 31%, of which 29% was voluntary attrition. The company has a total headcount of 301,200. A rough calculation shows […]

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Uber delays office return, makes vaccination mandatory for U.S. staff
Industry

Uber delays office return, makes vaccination mandatory for U.S. staff

Uber Technologies Inc is pushing back its back-to-office date to late October globally, and all employees in the United States will have to be fully vaccinated before returning to office, a spokesperson said on Thursday. The news comes a day after major tech companies including Twitter Inc, Alphabet Inc’s Google and Facebook Inc said all U.S. […]

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