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TCS re-appoints Rajesh Gopinathan as CEO & MD for next 5 year

Tata Consultancy Services (TCS) board has approved the re-appointment of Gopinathan as CEO and MD for a term of five years from February 21, 2022, to February 20, 2027. The company has also approved the re-appointment of N. Ganapathy Subramaniam as Chief Operating Officer and Executive Director from February 21, 2022 to May 19, 2024, […]

RBI approves re-appointment of Amitabh Chaudhry as MD of Axis Bank

The Reserve Bank of India on Thursday approved the re-appointment of Amitabh Chaudhry as Managing Director of private sector Axis Bank for a period of three years. The extended three-year term would be effective from January 1, 2022, Axis Bank said in a regulatory filing. ”The Reserve Bank of India vide its letter dated October 14, 2021, has approved the re-appointment […]

Jumbo Group appoints Vikas Chadha as Chief Executive Officer

Jumbo Group has announced the appointment of Vikas Chadha as the new Chief Executive Officer of the company. Prior to joining Jumbo, Vikas held several leadership roles across large, reputed multinationals such as L&T, Sharp Corporation, and McKinsey & Co, and Honeywell International. He comes with over 25 years of experience working among leading global […]

Larsen Toubro launches L&T EdTech, an online learning platform

Yesterday, Larsen & Toubro (L&T) has announced the launch of its e-learning platform L&T EdTech aiming to empower individuals with industry-aligned courses powered by decades of L&T’s expertise. “The platform is a new industry-led, application-based, practical oriented hybrid online learning platform to help create industry-ready talent,” L&T said in a filing on 15th October. Commenting […]

Boeing workers stage protest over vaccine mandate

Waving signs like “coercion is not consent,” and “stop the mandate,” some 200 Boeing Co employees and others staged a protest on Friday over the planemaker’s COVID-19 vaccine requirement for US workers. Boeing said on Tuesday it will require its 125,000 US employees to be vaccinated by Dec. 8 under an executive order issued by […]

Hiring

Deloitte India invites applications for freshers & experienced people hiring

Deloitte India an audit, consulting, advisory, and tax services firm is hiring freshers and experienced professionals across the country. Commenting on the Recruitment Process the company said, “Deloitte is an incubator for exceptional talent and leadership. We invest in talented, creative, and innovative people like you. Through our campus connect programs we reach out to campuses across disciplines […]

Oct 15, 2021

Volkswagen officials dismiss reports of 30,000 job losses

Frankfurt: Senior sources at German auto giant Volkswagen on Wednesday dismissed reports that up to 30,000 jobs could be at risk if it could not cut costs in its transition to electric models. Earlier Wednesday, a company source had said the company’s chief executive, Herbert Diess, had given the warning at a recent supervisory board meeting. The business […]

Oct 15, 2021

TCS asks employees to return to the ‘deputed location’ by November 15

According to ET report, India’s largest IT services provider company, Tata Consultancy Services (TCS) has asked employees to return to their “deputed location (base branch)” by 15th November 2021. The company said, “We’re preparing employees in the country to start working from offices but it would be a calibrated move that will take into consideration […]

Oct 15, 2021

Wipro Q2 Results: attrition increased to 20.5%, robust hiring plans…

Yesterday, Bengaluru based-IT major Wipro has announced its second quarter (the quarter ended September 30, 2021) of the financial year 2022 results. The company reported sharp rise in the attrition rate at 20.5 per cent from 15.5 per cent in the last quarter as the demand for IT professionals increased. The company has onboarded a […]

Infosys has announced Q2 results, attrition increased to 20 percent

On October 13, India’s second-largest IT services company Infosys has announced its second-quarter of the financial year 2022 results. The company reported an increased employee attrition rate at 20.1% on annualised basis as compared to year-earlier levels of 12.8%. Though attrition levels also witnessed a spike. Infosys said that it plans to hire 45,000 college graduates […]

Infosys COO Pravin Rao to retire, December 11 will be the last working day

India’s second largest IT Major, Infosys Chief Operating Officer Pravin Rao will be retiring in the third quarter of the current fiscal and the company will announce a new corporate structure soon, the company said in a statement. The company said it has “a very strong” set of leaders within Infosys and asserted that it […]

OYO appoints Paralympian Deepa Malik as independent director

Hospitality firm OYO has appointed Deepa Malik, an Indian athlete and a silver-medalist at the 2016 Paralympic Games, as an independent director on the company’s board of directors as of September 26, 2021, the company said in a statement. Malik is currently President of the Paralympic Committee of India (PCI). She joins the board of OYO which has three other independent […]