The Central Government has notified the Employees Pension Scheme EPS, , replacing the n...
Honda Motor is encouraging employees to build artificial intelligence AI skills by introducing a m...
HCLTech has granted . lakh Restricted Stock Units RSUs to more than , employees as part of...
The Union Government has announced a significant expansion of the PM Internship Scheme (PMIS) under its ongoing Pilot Round 3. In an effort to address low joining rates and high attrition witnessed during the first two phases, the Ministry of Corporate Affairs (MCA) has modified eligibility rules to include Micro, Small and Medium Enterprises (MSMEs), […]
HCLTech reported a decline in its workforce during the April–June quarter (Q1 FY27), even as it delivered strong financial results and maintained its full-year growth guidance. The company’s total headcount stood at 223,889 as of June 30, 2026, following a net reduction of 3,292 employees during the quarter. Alongside its quarterly results, HCLTech announced plans […]
Tata Consultancy Services (TCS) has announced the expansion of its strategic partnership with ABB through a multi-million, multi-year deal to transform the global technology leader’s network operations. The agreement marks the next phase of a trusted relationship spanning more than two decades. Under the expanded engagement, TCS will transition from managing ABB’s IT infrastructure and […]
Cisco President and Chief Product Officer Jeetu Patel has reaffirmed his view that artificial intelligence (AI) will create more jobs than it eliminates, saying early evidence is beginning to support the prediction. In a post on X, Patel said AI will transform the nature of work rather than reduce the need for human talent over […]
India’s largest private sector lender, HDFC Bank, has reported a reduction of 3,343 employees during FY26, signalling a shift in workforce strategy as the bank accelerates technology-led transformation. However, the country’s largest private sector lender has clarified that technology is not being deployed to replace employees but to enhance productivity and create opportunities for people […]
The Employees’ Provident Fund Organisation (EPFO) has launched VISHWAS 2026, a one-time settlement scheme that allows eligible establishments to resolve disputes related to damages levied for delayed payment of provident fund (PF) contributions. The initiative provides a six-month window for eligible establishments, subject to the scheme’s conditions. The move is expected to reduce prolonged litigation, […]
Microsoft has dismissed claims linking its recent layoffs to the H-1B visa programme, clarifying that the majority of employees affected by the latest workforce reduction were not based in the United States. The clarification follows widespread speculation on social media after the tech giant announced plans to eliminate around 4,800 jobs globally, or nearly 2.1% […]
Tata Consultancy Services (TCS) has announced its biggest leadership reshuffle in three years, reorganising several senior leadership roles and creating new business units as the company positions itself to capture growing opportunities in artificial intelligence (AI)-led enterprise transformation. The restructuring spans multiple business verticals, including banking, financial services and insurance (BFSI), cybersecurity, communications and media, […]
Tata Consultancy Services (TCS) has revised the salary structure of its India-based employees to align with the requirements of the country’s new labour code, marking a significant shift in how employee compensation is structured. While the overall Cost to Company (CTC) remains unchanged, the restructured salary components are expected to influence employees’ monthly take-home pay […]
Cognizant is ramping up its artificial intelligence talent strategy, announcing plans to scale its frontier-certified engineers to 5,000 and frontier business operators to 10,000 as enterprises accelerate AI adoption. The company said its first batch of frontier-assessed and deployment-ready engineers will be unveiled in the fourth quarter of 2026. It also plans to strengthen its […]
The Employees’ Provident Fund Organisation (EPFO) has restored its Member Passbook portal after completing a scheduled maintenance and technology upgrade, enabling millions of subscribers to access their provident fund account statements once again. The portal had been unavailable since late June as EPFO carried out a major database consolidation and software migration aimed at improving […]
