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Zomato re-instated salary cuts, paying back all deductions
Industry

Zomato re-instated salary cuts, paying back all deductions

Online Food delivery app Zomato re-instated salary cuts, paying back all deductions Online Food delivery app Zomato said, We have re-instated any salary cuts that we rolled out to our employees since April. In fact, we are paying back all deductions made to people who faced mandatory salary cuts at Zomato. 3 – We have […]

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TCS to start onboarding of all fresh recruits from mid-July
Industry

TCS to start onboarding of all fresh recruits from mid-July

TCS to start onboarding of all fresh recruits from mid-July and lateral hiring soon. The Indian multinational IT services and consulting company, Tata Consultancy Services (TCS) will be on-boarding 40,000 freshers in a planned and phased manner from mid-July and it will start lateral hiring soon. Milind Lakkad, Executive Vice President and Global Head, HR […]

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Tamil Nadu relaxes norms, 10% IT staff can work from office
Coronavirus

Tamil Nadu relaxes norms, 10% IT staff can work from office

Tamil Nadu government on Wednesday relaxed a few norms for the intensified lockdown that is coming into force in Chennai from Friday. The Tamil Nadu Government has also acceded to the demand from the IT industry and allowed up to 10% of its employees to work from the office. This development will benefit large IT […]

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Code on Wages may be implemented by September 2020
Labour Law

Code on Wages may be implemented by September 2020

Code on wages likely to be implemented by September, labour ministry circulates draft rules The Code on Wages, 2019, the first law under labour reforms, is likely to be implemented by September as the ministry of labour and employment has put draft rules of the law in the public domain for feedback. Parliament in August […]

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Labour office asked Capgemini to reinstate fired employees
Coronavirus

Labour office asked Capgemini to reinstate fired employees

Pune Labour Commissioner office asked Capgemini to reinstate 300 fired employees during the lockdown French IT services major Capgemini has been asked by the Pune Labour Commissioner office to immediately reinstate 300 employees who were fired during the lockdown. According to a trak.in report, during the lockdown, Capgemini had terminated around 300 employees in Pune, Maharashtra. […]

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Govt to pay EPF employees and employers share till Aug 20
Labour Law

Govt to pay EPF employees and employers share till Aug 20

Government to pay EPF contributions (entire 24%) of employees and employers till Aug 2020 PTI | The Union Cabinet on 8 July, Wednesday approved a proposal to extend the scheme for the payment of employers and employees’ PF contributions for three months until August 2020. Earlier, in May this year finance Minister Nirmala Sitharaman had […]

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Paramjit Singh Nayyar joins Bharti AXA as new CHRO
CHRO Move

Paramjit Singh Nayyar joins Bharti AXA as new CHRO

Paramjit Singh Nayyar joins Bharti AXA General Insurance as new CHRO, effective 7 July 2020 Paramjit Singh Nayyar joins Bharti AXA General Insurance as the Chief Human Resources Officer, effective 07 July 2020. Prior to this, most recently he was working as Chief HR Officer with HDFC ERGO General Insurance Company Limited (formerly Apollo Munich Health Insurance) for […]

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Deloitte cuts more than 700 jobs in 8 days
Coronavirus

Deloitte cuts more than 700 jobs in 8 days

Days after PwC announced it is slashing 700 jobs in Australia, Deloitte, the globe’s largest professional services firm and second-largest in Australia, has followed suit. A fallout of demand due to the Covid-19 induced economic crisis is hitting the revenues of the largest accounting and consulting firms. While the Big Four have to date been […]

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Future Generali announces Increments for all its Employees
Coronavirus

Future Generali announces Increments for all its Employees

Future Generali India Insurance Company Limited announces promotions, annual increments and variable payouts for all its employees Amidst the ongoing economic and COVID-19 crisis, Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail giant Future Group and global insurer Generali, announced promotions, annual increments & variable payouts […]

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Capgemini rolls out wage hikes and promotions w.e.f July 1
Coronavirus

Capgemini rolls out wage hikes and promotions w.e.f July 1

Capgemini India rolls out wage hikes and promotions effective 01 July 2020 Admit the COVID-19 pandemic when most companies in India have withheld salary hikes and effected pay cuts, Capgemini has rolled out wage hikes and promotions for all its employees in India. The quantum of hikes is said to be in high single digits. In April, the […]

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COVID-19: ICICI Bank to reward 80k of its frontline staff
Coronavirus

COVID-19: ICICI Bank to reward 80k of its frontline staff

ICICI Bank to give 80k employees up to 8% pay hike for work amid COVID-19 According to a PTI report, The country’s second-largest private sector lender ICICI Bank has decided to reward over 80,000 of its frontline employees with a salary hike of up to 8 percent These employees form over 80 percent of its overall workforce […]

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