Industry: HR News, Trends & Workplace Insights

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Updated on: Feb 2024
IBM India asserts AI will generate more jobs than it displaces
Industry

IBM India asserts AI will generate more jobs than it displaces

A multinational technology company, IBM India has asserted that Artificial Intelligence (AI) will generate more jobs than it displaces. According to ET report, Sandip Patel, Managing Director, IBM India/South Asia said, “I firmly believe AI will create more jobs than it destroys. People are usually very scared when imagining entirely new jobs.” “For example, take […]

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Google offered 4x (300% hike) to retain the employees
Industry

Google offered 4x (300% hike) to retain the employees

According to BT report, American multinational technology company, Google recently offered 4x (300% hike) the salary to an employee who was considering a position at Perplexity AI. However the employee in question was not directly involved with Google’s AI division and instead worked on the search team. During an episode of The Big Technology Podcast, […]

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How TCS engages its employees in long-term
Industry

How TCS engages its employees in long-term

Employee engagement is a critical aspect of organizational success, and Tata Consultancy Services (TCS), one of the largest IT services companies globally, employs various strategies to ensure its workforce remains motivated, productive, and committed. With over 600,000 employees spread across the globe, TCS recognizes the importance of fostering a positive work environment conducive to employee […]

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How Deloitte Retains Its Employees
Industry

How Deloitte Retains Its Employees

Deloitte, one of the world’s leading professional services firms, employs a multifaceted approach to retain its employees, encompassing various strategies geared towards fostering a positive work environment and promoting professional growth and development. Key Practices Firstly, Deloitte prioritizes competitive compensation and benefits packages to attract and retain top talent. Employees are offered competitive salaries, comprehensive […]

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TCS to double staff in this country over the next three years
Hiring

TCS to double staff in this country over the next three years

One of the largest IT services companies globally, Tata Consultancy Services (TCS) is expanding into France. TCS is aiming to double staff in France over the next three years to serve its clients better and tap into new markets. The company sees handsome business growth in the European country, a senior official said last month. […]

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RBI: Action against Paytm, Section 35A, Banking Regulation Act 1949
Industry

RBI: Action against Paytm, Section 35A, Banking Regulation Act 1949

The Reserve Bank of India, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, had put certain business restrictions on Paytm Payments Bank Ltd. Commenting on the development RBI said in a press release that keeping in view the interest of customers (including merchants) of PPBL who may require a […]

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Quess Corp splits demerger of three-way diversified businesses
Industry

Quess Corp splits demerger of three-way diversified businesses

One of India’s leading business solutions providers, Quess Corp has announced the demerger of three-way diversified businesses. The Board of Directors of Quess Corp Limited have approved a composite scheme of arrangement providing for the demerger of Quess Corp into three independent entities. The demerger will ultimately result in three separate listed companies, namely: Over […]

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Flipkart provides certification opportunities in various sectors
Industry

Flipkart provides certification opportunities in various sectors

Flipkart, India’s indigenous e-commerce platform, and the National Skills Development Corporation (NSDC) have entered into a memorandum of understanding (MoU) to enable students and aspiring individuals to acquire essential skills for a career in the e-commerce, retail, and warehousing industries. As part of this agreement, Flipkart will provide training, skill development, upskilling, and certification opportunities […]

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Cognizant faces Dip in headcount, decline by 7,600 employees
Industry

Cognizant faces Dip in headcount, decline by 7,600 employees

An American multinational information technology services and consulting company, Cognizant faced a dip in headcount. Cognizant India unit’s headcount decreased by 4,500 employees to reach a total of 254,000 by the end of 2023. The company had reported 347,700 employees at the end of 2023 globally, which was less by 7,600 compared to December 31, […]

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IIM-B launches Leadership Coaching Certification; last date Feb 28
Industry

IIM-B launches Leadership Coaching Certification; last date Feb 28

IIM Bangalore has launched the ‘Certificate Programme in Leadership Coaching’, a transformative nine-month programme designed for practicing managers and leaders looking to enhance their coaching skills and positively influence their teams. The programme is designed as a highly participative, interactive, and reflective learning journey. The content is relevant for coaching organizational employees in a dynamic, evolving, turbulent, and global world. The blended programme design comprises three modules […]

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ZF Group unveils new manufacturing plant in TN, to create 5k Jobs
Industry

ZF Group unveils new manufacturing plant in TN, to create 5k Jobs

A global technology company, ZF has announced the inauguration of its new manufacturing plant in Oragadam. The company opened its tenth facility in Tamil Nadu and 19th in India. In addition to chassis components, electric components such as the air compressor for light and medium-duty commercial vehicles will soon be produced in the facility, which spans […]

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