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: Feb 2023

Industry

PLI scheme attracted Rs , cr investment, created lakh jobs

Feb 8, 2023

RBI raises repo rate by basis points to . from .

The health of the Indian Banking sector, the Reserve Bank of India RBI recently raised the repo ra...

Industry

Feb 8, 2023

Latest news: RBI raises repo rate by basis points to . from . - SightsIn Plus

Leave encashment new rule Non-govt employees to gain KYear

Honorable Union Finance Minister Smt Nirmala Sitharaman has proposed to hike tax exemption on leave ...

Industry

Feb 7, 2023

Latest news: Leave encashment new rule Non-govt employees to gain KYear - SightsIn Plus

Adani Group prepays . bn loans, releases pledged shares in companies

In light of recent market volatility and in continuation of the promoters commitment to reducing th...

Industry

Feb 6, 2023

Latest news: Adani Group prepays . bn loans, releases pledged shares in companies - SightsIn Plus

Industry

Kapil Sibal dig at Bhagwat’s remarks: What about the 2 crore jobs a year

Kapil Sibal has taken a dig over RSS Chief Mohan Bhagwat’s remarks. RSS chief Mohan Bhagwat has recently urged people not to run after jobs. However, on the other end, The Rashtriya Swayamsevak Sangh (RSS) Chief Bhagwat has said that the lack of dignity for labour was one of the main reasons behind unemployment in […]

Feb 6, 2023

Industry

Cognizant to focus on employee retention to trigger growth: MD

Cognizant, one of the world’s leading professional services companies announced its fourth-quarter and full-year 2022 financial results. According to ET Reports, Rajesh Nambiar, MD and Chairman of Cognizant India said that the firm will be more employee-centric, strengthen on winning larger deals, and have better operational metrics to “accelerate growth”. “The team, including the CEO, will meet […]

Feb 4, 2023

Industry

Uber former employee booked for Rs 1 cr embezzlement

According to the reports of PTI, In a recent incident, American mobility service provider company, Uber‘s former employee has been booked for Rs 1 crore embezzlement. A complaint filed by the company for embezzlement The former employee has been found guilty of creating 388 fake driver profiles, 191 profiles were created using the same IP […]

Feb 3, 2023

Industry

Google employees protest against poor work conditions, job cuts

According to media reports, Google employees have been protesting against poor work conditions and job cuts. The employees have been protesting in the US this week. Google employees are protesting due to labour conditions for sub-contracted workers and to support thousands of their recently laid-off co-workers. As per the employee’s claim, the pay and benefits […]

Feb 3, 2023

Industry

IT Companies find new ways to spot fraud in video interviews

India’s top two IT Companies Cognizant India & Accenture in India laid off a few of their employees due to Failed Background Checks in 2022. Cognizant India reported 6 percent involuntary attrition in the September ending quarter of FY22, which also includes the sacking of employees due to failed background checks. Accenture in India also fired a few […]

Feb 3, 2023

Industry

Amid Layoffs, an Indian tech company gifted cars to its employees

Even after many companies like Google and Amazon are laying off many employees the Indian tech company Tridhya Tech has gifted cars to its employees. Indian Tech company Tridhya Tech, a global leader providing digital transformation services, felicitated 13 employees with 13 cars as a token of appreciation for their hard work and dedication towards […]

Feb 3, 2023

Industry

Cognizant attrition eases to 19%, added 5,900 employees in Q4

Yesterday, Cognizant, one of the world’s leading professional services companies announced its fourth-quarter and full-year 2022 financial results. Key Highlights Headcounts The company has announced the total headcount at the end of the fourth quarter was 355,300, an increase of 5,900 from Q3 2022 and an increase of 24,700 from Q4 2021. Attrition Voluntary attrition, […]

Feb 3, 2023

Featured

Industry Reactions on Union Budget 2023-24

Honorable Union Finance Minister Smt Nirmala Sitharaman has presented the Union Budget 2023-24 yesterday February 1, 2023 in parliament. Here are key highlights of the Budget 2023. Industry Reactions Arun Kumar Gupta, CFO, Newgen Software said, The Union Budget 2023-24 showcases the government’s focus on developing both the physical and digital infrastructure. The boost in […]

Feb 2, 2023

Industry

Budget 2023 updates Income tax rebate limit raised to ₹7 lakh

According to the media reports, Honorable Union Finance Minister, Mrs. Nirmala Sitharaman presented the Union Budget 2023- 2024 on Wednesday as per the announcement calculations for the income tax will change. The Budget 2023: Comparison Between Old Vs New Slab Old Tax Slab According to the New Tax Slab In a comparison of the two […]

Feb 1, 2023

Industry

Amazon workers reveal their toilet breaks were timed

As per BBC reports, An American multinational technology company, Staff of Amazon Coventry warehouse in the UK workers have revealed that their toilet breaks were timed. The workers of the Coventry warehouse recently signed up to join the GMB union. The employees have been on strike for several days in London over wages and severe working conditions. As […]

Jan 31, 2023

Industry

India Ahead shuts down, employees not paid for months

India Ahead – The National English News channel has shut down its operations. Due to this reason, the employees have not been paid for months. Ridhima Kedia, a journalist, tweeted, “Very true. We had the company’s back till the end, like the very end, and at least we would ask for is honesty. The HR also […]

Jan 30, 2023

Industry

Zerodha CEO reveals why never hired IIT, IIM Graduates

India’s biggest stock broker company, Zerodha CEO Nithin Kamath revealed that the company has never hired IIT, and IIM Graduates. However, the companies look for talent from IIT and IIM. On the other end, Zerodha does not prefer hiring from both institutions. As the company believes that such institutes don’t produce graduates that are more […]

Jan 29, 2023