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Oracle wins TikTok bid, Microsoft proposal is rejected Satya Nadella-led Microsoft lost a bid to acq...
Wipro plans to set up Digital Innovation Hub in Dsseldorf, Germany Wipro Limited, a leading global ...
HCL Technologies joins Nvidia Partner Network, will pursue opportunities in AI space HCL Technologie...
Capgemini named a Leader in Mortgage and Loan IT Services by NelsonHall NelsonHall has named Capgemini a leader in its recent NelsonHall Evaluation & Assessment Tool (NEAT) report on Mortgage and Loan (M&L) IT Services. To be a leader in NelsonHall’s NEAT assessment, a technology services provider must exhibit a high ability relative to its peers to deliver […]
Cognizant to acquire Chicago-based cloud specialist firm 10th Magnitude Cognizant announced that it has entered into an agreement to acquire Chicago-based 10th Magnitude, a leading cloud specialist focused exclusively on the Microsoft Azure cloud computing platform. The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities […]
Tata Motors will not give increment, deducts variable pay for FY21 India’s largest automaker Tata Motors has informed its employees that there will be no annual increment for the ongoing financial year (FY21) and will also deduct variable pay performance-linked incentive by 25% as part of a cost improvement program to reduce cost and CAPEX spends. According to the […]
Reliance Retail is acquiring Future Group’s retail business for INR 24,713 crore Reliance Retail Ventures Limited (RRVL), subsidiary of Reliance Industries Limited, on Saturday, announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate […]
How Sony Pictures Networks solved for fluid days and stretched working hours in the New Normal Sony Pictures Networks introduces mandatory leaves and mandated zero hours for employees. The leaves and scheduled downtime were launched under a unified wellness umbrella, ACE. Sony Pictures Networks India (SPN) announced the launch of its umbrella employee wellbeing brand, […]
Tata Sons Chairman, N Chandrasekaran’s pay dips 11% to Rs 58 crore According to the Tata Sons FY20 report, N Chandrasekaran, Tata Son’s chairman took a cut in his remuneration for fiscal 2020. The pay package of Chandrasekaran dips 11% to Rs 58 crore, in FY19, the chairman’s remuneration was Rs 66 crore. TCS Chief Executive and Managing Director Rajesh […]
Airbnb says employees can opt to work remotely until August 2021 Short-term home rental company Airbnb said on Wednesday, Aug 26 its employees could choose to work remotely through the end of August 2021, even if some of its offices reopened as COVID-19 restrictions ease. The company said it would provide a US$300 stipend for […]
Marriott International partners with meQuilibrium to support Employee Emotional Health and Wellbeing Marriott International has selected meQuilibrium, the leading science-based resilience training solution, to support the mental wellbeing of its global associates. Marriott’s associates worldwide can now access meQuilibrium’s digital science-based cognitive solution to navigate these unprecedented times and build their adaptive capacity, resilience, and […]
Tech Mahindra wins two Stevie Awards for COVID-19 Response Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, has won two Stevie® Awards for the company’s response to the COVID-19 pandemic. Tech Mahindra received a Gold Stevie for innovative use of HR Technology and a Bronze Stevie for being […]
IBM to offer free digital training to Indian youth with National Skill Development Corporation IT service major, IBM has announced a partnership with National Skill Development Corporation (NSDC) to offer free digital education. The IT service firm wants to focus on emerging technologies and professional development skills. As per collaboration, IBM will curate online courses from […]
Siemens India Ltd gets CCI approval to acquire C&S Electric India The Competition Commission of India (CCI) has approved the proposed acquisition of C&S Electric Ltd by Siemens Ltd. The proposed combination envisages the acquisition of 100% of the share capital of C&S Electric Ltd (C&S) by Siemens India Limited. At the time of closing […]
Tata Group to launch ‘super app’ with a range of digital services, Natarajan Chandrasekaran, Chairman of Tata Sons, said Indian multinational conglomerate holding company Tata Group is pushing into the country’s booming tech sector with a new “super spp” that will bring together its disparate consumer services for the first time. The new platform “super […]
