Industry: HR News, Trends & Workplace Insights

Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jul 2023

Industry

Nearly one-third of HDFC Bank employees left in fiscal year

Jul 18, 2023

PwC to TCS top scams that hit the companies in Check here

According to reports, Around of Indian companies have experienced at least one instance of econo...

Industry

Jul 17, 2023

Latest news: PwC to TCS top scams that hit the companies in Check here - SightsIn Plus

File ITR as govt not contemplating extension of July deadline

Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as th...

Industry

Jul 17, 2023

Latest news: File ITR as govt not contemplating extension of July deadline - SightsIn Plus

PwC India to enhance digital transformation in HR tech

Zoho announced a strategic partnership with PwC India. This alliance brings together Zohos pr...

Industry

Jul 15, 2023

Latest news: PwC India to enhance digital transformation in HR tech - SightsIn Plus

Industry

No income tax up to Rs 7.27 lakh per annum: Finance Minister

Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and shared tax benefits including income tax exemption for those earning up to Rs 7.27 lakh per annum. Nirmala Sitharaman said in a tweet said, “Under the new regime, there is no income tax to be paid for annual income up to Rs […]

Jul 15, 2023

Industry

Wipro strengthens staffing vendors checks after TCS scam

A multinational corporation, Wipro has a stringent contract hiring process. The company will be working on a higher frequency of performance checks. This move comes in the wake of the alleged ‘bribe-for-jobs’ scandal at TCS. The company has sacked six employees after finding them guilty of accepting favours from certain staffing firms in the appointment of contractual […]

Jul 15, 2023

Industry

After Quiet Quitting, what is ‘Loud Quitting’ new workplace trend?

The workplace has been undergoing the emergence of new trends. After the rise of “moonlighting”, “Great Resignation”, and “quiet quitting”, now “loud quitting” has taken center stage. For leaders and managers, loud quitting can signal major risks within an organization that are important not to ignore. Conversely, quiet quitters are often your greatest opportunity for growth and […]

Jul 15, 2023

Industry

CBI books EPFO official, 13 Jet Airways employees: PF fraud case

The Central Bureau of Investigation (CBI) has registered an FIR against an EPFO official, and 13 ex-employees of Jet Airways in the PF claims fraud case. The FIR Copy read, “Bamne was found to be involved in various fraudulent activities. While working as Dealing Assistant in Accounts Section in Kandivli, Bamne received illegal gratification in his […]

Jul 14, 2023

Industry

Wipro Q1FY24: headcount down by 8,812 employees, attrition 17.3

Wipro Limited a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter that ended June 30, 2023. “Wipro’s first-quarter results come with a strong backbone of large deal bookings, robust client additions, and resilient margins,” said Thierry Delaporte, CEO and Managing Director. “Despite a gradual reduction in […]

Jul 14, 2023

Industry

TCS rolls out annual pay hikes, and promotions; effective from April

India’s largest IT services provider firm, Tata Consultancy Services (TCS) has announced a salary hike for its employees, despite the 200-bps impact on the company’s operating margin. TCS CFO Samir Seksaria said, “The annual pay hikes effective from April 1, would result in a 200-basis-point hit on the operating margin, which currently stands at 23.2%.” The […]

Jul 13, 2023

Industry

Policybazaar employees win houses, cars as new R&R initiative

Policybazaar last week concluded Season 3 of Jeeto Apna Ghar (JAG), an award-winning employee-focused initiative. The company said that across three successful seasons, policybazaar’s Jeeto Apna Ghar contest has 23 houses and 8 cars given out till date – prize money of over 25 Cr. Amid overwhelmingly positive employee feedback, Policybazaar last week concluded Season […]

Jul 13, 2023

Industry

Deloitte, PwC, IBM set up offices in India’s smaller cities

The major firms including Deloitte, PwC, and IBM are stepping up investments in new Indian facilities away from bigger cities as global demand for cheaper back office operations. As per report, Ernst & Young in June said it expects multinationals to set up “global capability centres” for all types of industries in tier-2 cities such […]

Jul 13, 2023

Industry

Wipro to invest $1 Billion in AI & train all 250,000 employees on AI

Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, […]

Jul 13, 2023

Industry

IT Union urges Labour Ministry to intervene as TCS defers joining

An IT employees union, Nascent Information Technology Employees Senate (NITES) has written a letter to the Labour Minister urging them to take action as Tata Consultancy Services (TCS) reportedly delayed the onboarding of several lateral hires. NITES has asked the Minister for Labour and Employment Bhupender Yadav to intervene in the matter. According to reports, […]

Jul 12, 2023

Industry

SBI 12000 employees’ sensitive data leaked on Telegram channels

The data leak cases have increased in India. Now, an Indian multinational public sector bank and financial services statutory body, The State Bank of India (SBI) 12000 employees’ sensitive data has been leaked on Telegram channels. What is sensitive data leaked at SBI? Not only this, it is also claimed that the threat actor has […]

Jul 12, 2023

Industry

TCS delays the onboarding of 200 lateral recruits for 3-4 months

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) has delayed the onboarding of over 200 lateral hires for at least three to four months. Additionally, the delay in onboarding included cities like Bangalore, Pune, Kochi, Bhubaneswar, Delhi NCR, and Indore. The hiring was conducted in January and April. According to Money Control, […]

Jul 11, 2023