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EPFO launches a new facility for exempted establishments
Labour Law

EPFO launches a new facility for exempted establishments

Union Labour Secretary Shri Apurva launches facility for bulk transfer for exempted establishments of EPFO Labour & Employment Ministry has launched a new facility of a bulk transfer of funds and data from exempted trusts to EPFO through a single payment, during his first visit to EPFO headquarters, on 7th October 2020. This will enhance […]

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Salesforce to create 5.48 lakh direct jobs in India
Jobs

Salesforce to create 5.48 lakh direct jobs in India

India can become 2nd largest economy, the company will add 5.48 lakh direct jobs in India: Salesforce California-based IT company Salesforce plans to add 5.48 lakh direct jobs in India in near future and sees the country has the potential to become the second-largest in terms of GDP, a top official of the company said […]

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Tata Consultancy Services has surpassed Accenture
Industry

Tata Consultancy Services has surpassed Accenture

Tata Consultancy Services (TCS) on Thursday surpassed Accenture to become the world’s most valuable IT firm On Thursday, TCS has surpassed Accenture. Tata Consultancy Services (TCS – $144.73 billion) is now the most valued IT services company in the world surpassing Accenture ($143.4 Billion). The shares of TCS rallied 3% on Thursday after its board approved […]

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COVID-19: ESIC expedites Payments to these beneficiaries
Labour Law

COVID-19: ESIC expedites Payments to these beneficiaries

ESIC decides for Prompt payment of Permanent Disablement Benefit (PDB) and Dependent Benefit (PB) to beneficiaries by ESI Corporation during the COVID -19 pandemic within a month. Keeping in view the COVID-19 epidemic, ESIC has issued directions to all Regions and Sub-region Heads to disburse the Permanent disablement benefit and dependent benefits to the Insured […]

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IBM to break-up into Two Companies
Industry

IBM to break-up into Two Companies

IBM to break-up into Two Companies to focus on cloud growth International Business Machines Corp (IBM Corporation) is splitting itself into two public companies, capping a years-long effort by the world’s first big computing firm to diversify away from its legacy businesses to focus on high-margin cloud computing. IBM will list its IT infrastructure services […]

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Chandramouli Venkatesan Passes Away
Demise

Chandramouli Venkatesan Passes Away

Chandramouli Venkatesan passes away, industry mourns Chandramouli Venkatesan passes away due to pancreatic cancer on October 6, 2020. He was 54. Leaders across industries mourned the sad demise of Chandramouli Venkatesan, CEO, special projects at Pidilite Industries Ltd, from 2017 and he was the author of ‘Catalyst, Get Better at Getting Better’ published by Penguin […]

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Infosys to acquire Blue Acorn iCi, Adobe Platinum Partner
Merger & Acquisition

Infosys to acquire Blue Acorn iCi, Adobe Platinum Partner

Infosys to Acquire Award-Winning Digital Customer Experience, Commerce & Analytics Company, Blue Acorn iCi Infosys, a global leader in next-generation digital services and consulting, today announced a definitive agreement to acquire Blue Acorn iCi, Adobe Platinum partner in the US, and a leader in digital customer experience, commerce, and analytics. The move further strengthens Infosys’ end-to-end […]

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Hindustan Coca-Cola Beverages to allow permanent WFH
Jobs

Hindustan Coca-Cola Beverages to allow permanent WFH

Hindustan Coca-Cola Beverages to allow permanent work from home PTI | Hindustan Coca-Cola Beverages (HCCB) on Wednesday said it has introduced an option of permanent work-from-home for its employees whose physical presence in the office is not required as part of a new policy. The policy provisions for employee safety, their emotional and physical well-being, and also […]

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Adidas appoints a new Head- Human Resources
CHRO Move

Adidas appoints a new Head- Human Resources

Adidas appoints new HR head after race row Adidas has appointed Amanda Rajkumar, an executive from French bank BNP Paribas, as its new Head of Human Resources after employee complaints about racism at the German sportswear company led to the departure of Karen Parkin in June. Parkin stepped down as HR head after a group […]

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After HDFC & ICICI banks, now Axis gives salary hikes
Jobs

After HDFC & ICICI banks, now Axis gives salary hikes

After HDFC & ICICI banks, now Axis gives salary hikes to its employees Axis Bank is increasing staff salaries between 4% and 12% from October 1, 2020, based on performance. The bank which has about 76,000 employees, also paid bonuses to its staff. HDFC Bank boosted salaries in April based on performance and also paid […]

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TCS declares pay hike for employees, effective Oct 1, 2020
Jobs

TCS declares pay hike for employees, effective Oct 1, 2020

Tata Consultancy Services declares a pay hike for employees, effective October 1, 2020 India’s biggest IT company TCS has announced that the salary hike for its employees will be rolled out effective October 1, 2020. The company consolidated headcount stood at 453,540 as of September 30, 2020. TCS said it is continuing investments in organic […]

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