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The companies operating in Noida are gearing up to resume to their work after due permission was gra...
Two of the biggest tech companies Facebook and Google have said they will let employees continue wor...
HCL Tech to hire freshers, but lateral hiring on hold amid COVID- in On May , C ...
The world has become virtual in the last few weeks like never before… and this may be the beginning of a new normal, a new way of life that will keep knocking at our doorsteps again and again. Amongst all the noise of the business world, even last quarter we were shouting Digital is the […]
Tech Mahindra will be giving the liberty to 25-30% of its workforce to work from home till March 2021. Tech Mahindra said that it is in discussions with its clients to allow 25-30% of its employees to work from home (WFH) at least till March 2021. But amidst all these, one of the most crucial factors is data […]
The Centre Government plans to merge Coal Mines Provident Fund Organisation (CMPFO) with the Employees’ Provident Fund Organisation (EPFO), as a large asset-liability mismatch is imminent in the CMPFO’s pension fund. The Coal Mines Provident Fund Organisation has been entrusted with the responsibility of administering the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948, […]
Uber said Wednesday, that it is laying off 3,700 employees, or about 14% of its staff, as the ride-hail giant reels from the pandemic and an ongoing battle over worker protections. And CEO Dara Khosrowshahi will also forgo his base salary for the rest of the year, which was $1 million in 2019. The company said […]
Cognizant has entered into an agreement to acquire Collaborative Solutions, a privately-held global consultancy specializing in Workday enterprise cloud applications for finance and human resources. The transaction is expected to close in the second quarter of 2020, subject to the satisfaction of certain closing conditions, including regulatory clearance. The financial details were not disclosed. The acquisition […]
The Labour Commissioner has issued a notice to IT giant, Wipro after reports of the company benching 300 employees surfaced. The notice issued states that no employer can reduce the salary or cannot terminate employees during the lockdown period as per the notification issued. The notice instructs Wipro to take necessary steps, else legal action will be […]
India’s largest two-wheeler manufacturer Hero MotoCorp said that it will start operations in a graded manner at three of its manufacturing plants —Gurugram and Dharuhera- Haryana, and Haridwar-Uttarakhand, and additionally the Global Parts Center (GPC) at Neemrana in Rajasthan. These manufacturing plants reopened on Monday and production at these facilities will commence from Wednesday. The […]
The Aurangabad bench of the High Court of Bombay said since Maharashtra has partially lifted the lockdown in some industrial areas, workers would be expected to report for duty, but if they voluntarily remain absent, the management would be at liberty to deduct wages. A Single-Judge Bench of Ravindra Ghuge said this while hearing a […]
GoAir on Monday said it will defer and part-pay salaries to a majority of its staff because of revenue constraints due to the lockdown imposed to contain COVID-19 pandemic. In a joint letter, GoAir Chairman Nusli Wadia and MD Jeh Wadia wrote to employees informing that there is “no inflow of cash” due to suspended […]
Tech Mahindra puts wage hikes and incentives on hold, but says no layoffs. Tech Mahindra is putting on hold incentives and wage hikes until there is more clarity on business as the coronavirus outbreak has disrupted operations worldwide. However, its junior associates will get their remuneration packages in full. Besides, undisclosed salary cuts also have been […]
Bajaj Auto on Sunday said in an internal letter to its employees that it will not implement its proposed decision to observe a pay-cut across the organization for April and assured them of complete payment for the lockdown period. Earlier Bajaj Auto had proposed a 10% pay cut for staff after all business activities were […]
