Ferns N Petals, has appointed Abhishek Saklani as Head Human Resources for its wedding, hosp...
Coforge, formerly known as NIIT Technologies, is actively expanding its workforce in India by offeri...
Hyundai Motor Company has announced the appointment of Jos Muoz as its new Chief Executive Officer...
Siemens AG, the German industrial giant, has announced plans to cut up to 5,000 jobs in its automation division. This decision comes in response to a significant downturn in the sector, driven by global economic challenges and a sharp decline in demand for automation solutions. The company’s CEO, Roland Busch, revealed the potential job cuts […]
General Motors (GM) has announced plans to lay off approximately 1,000 employees worldwide as part of a strategy to reduce fixed costs by $2 billion by the end of 2024. The layoffs, primarily affecting white-collar workers, were communicated to affected employees early Friday. The company confirmed the layoffs in a statement but provided few details. […]
To boost the power transmission sector, the Indian government is launching a Production Linked Incentive (PLI) scheme. This will be done by the end of the financial year 2025. The scheme aims to attract investment, enhance manufacturing capabilities, and ensure the efficient transmission of electricity across the country. Objectives and Expected Benefits of the PLI […]
Advanced Micro Devices (AMD) has announced a significant restructuring plan, which includes cutting 4% of its global workforce, or approximately 1,000 employees, as the company shifts its focus towards the development of AI chips. This move is aimed at positioning AMD as a strong competitor to industry leader Nvidia in the rapidly growing AI chip […]
The Punjab government has announced a transformative Information Technology (IT) policy aimed at making Mohali the premier IT hub of North India. This ambitious initiative is projected to create around 55,000 job opportunities, significantly boosting the region’s economy and providing numerous career prospects for the local population. Vision and Strategy for Positioning Punjab as an […]
Callus Company, a South Korean startup focused on connecting young talent to global markets, has announced an ambitious plan. They aim to build a talent pool of 1,00,000 candidates in India by 2026. This initiative is part of the company’s broader strategy to empower Indian students and professionals. It aims to provide competitive salaries and […]
Cholamandalam Investment and Finance Company Limited (Chola) has appointed Jeeva Balakrishnan as its new Chief Human Resources Officer (CHRO). This appointment is effective from November 2024, marking a significant milestone in Balakrishnan’s career. Role at Cholamandalam Investment & Finance In his new role as CHRO at Cholamandalam Investment & Finance, Jeeva will be responsible for […]
DBS Bank India Limited has announced that Surojit Shome, the Managing Director and Chief Executive Officer (MD & CEO), will be retiring on February 28, 2025. Surojit has been at the helm of DBS Bank India since April 2015 and has played a pivotal role in the bank’s growth and expansion in the Indian market. […]
Reliance Industries Limited and The Walt Disney Company have announced the completion of their merger, forming a joint venture (JV). This JV is valued at approximately ₹70,352 crore. This new entity will be led by three CEOs: Kevin Vaz, Kiran Mani, and Sanjog Gupta, each taking charge of different segments within the organization. Leadership Roles […]
Infosys co-founder Narayana Murthy has once again stirred the debate on work-life balance by staunchly defending a six-day workweek. Speaking at the CNBC Global Leadership Summit, Narayana reiterated his belief that India’s economic growth hinges on a culture of diligence and hard work. His comments have sparked discussions on the necessity of a robust work […]
Ministry of Defence has announced a 40-day productivity-linked bonus (PLB) for eligible civilian employees of AOC and Indian Army. This bonus applies to the financial year 2023-24. This decision, backed by presidential sanction, acknowledges the essential contributions of these employees to national defence. Defence Civilian Staff: Eligibility and Coverage The PLB covers Group B (Non-Gazetted) […]
