News: HR News, Trends & Workplace Insights

Latest news: GCNI CEO Kamal Singh passes away due to COVID- - SightsIn Plus

Tech Mahindra to roll out salary hikes in early

Tech Mahindra to roll out salary hikes in early According to a money control report, IT service...

Latest news: Tech Mahindra to roll out salary hikes in early - SightsIn Plus

RIL rolls back salary cuts, announces performance bonus

Reliance Industries rolls back salary cuts, announces performance bonus According to an ET report, R...

Latest news: RIL rolls back salary cuts, announces performance bonus - SightsIn Plus

India economy on verge of slow recovery as worst is over

India economy on verge of slow recovery as worst is over New Delhi, Oct 25 (PTI) Industry body PHDCCI expects India’s GDP to contract by 7.9 per cent in the current financial year and grow by 7.7 per cent in 2021-22, assessing that the worst is over and the economy is on the verge of a […]

Industry

Capgemini India launches Tech Challenge 2020

Capgemini India launches Tech Challenge 2020 Capgemini in India has announced the launch of Tech Challenge 2020, the seventh season of its unique hackathon designed to identify the best programmers from across India. This hackathon invites passionate developers and tech enthusiasts to leverage their coding skills to design innovative solutions for a sustainable future. The […]

Oct 25, 2020

Govt fixes calculation ceiling for Non-PL bonus at Rs 7,000

Govt fixes calculation ceiling for non-productivity linked bonus at Rs 7,000 The finance ministry has fixed the calculation ceiling for computing non-productivity linked bonus (ad hoc bonus) for central government employees at Rs 7,000, implying that an employee will be entitled to a maximum bonus of Rs 6,908. “The quantum of Non-PLB will be worked […]

Oct 24, 2020

Labour Law

How to withdraw from EPF if you are impacted by Covid-19

How to withdraw from EPF if you are impacted by Covid-19 Crisis The Government of India had announced in March 2020 that any EPF Subscribers can withdraw a certain sum from their Employees’ Provident Fund (EPF) account if he/she is facing financial problems due to COVID-19 crisis. Govt has notified amendment in EPF scheme rules […]

Oct 24, 2020

Merger & Acquisition

Tech Mahindra to acquire Tenzing Group and Momenton

Tech Mahindra to acquire Tenzing Group, Momenton for Rs 293 crore IT firm Tech Mahindra on Friday stated it’s going to purchase full stake in New Zealand-based Tenzing Group and Australian IT agency Momenton for a cumulative quantity of round Rs 293 crore. The corporate will purchase Auckland-headquartered consulting agency Tenzing Group for about Rs […]

Oct 24, 2020

CHRO Move

Matrimony.com appoints Rajesh Balaji as new CHRO

Matrimony.com appoints Rajesh Balaji as new Chief Human Resources Officer Matrimony.com, flagship brand BharatMatrimony appoints Rajesh Balaji Sathyanarayanan as Chief Human Resources Officer. In his new role, he will oversee all gamuts of human resources strategy, talent management, building individual and organizational capabilities, organization design, and digitization amongst others. The company provides both matchmaking and marriage […]

Oct 23, 2020

Merger & Acquisition

Cognizant to acquire AWS, Microsoft IoT Partner Bright Wolf

Cognizant to acquire AWS, Microsoft IoT Partner Bright Wolf Cognizant, today announced it has agreed to acquire Bright Wolf, a privately-held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies. Bright Wolf is certified by all major cloud providers and acknowledged as an expert in IoT. The company is […]

Oct 23, 2020

Government graded relaxation in visa and travel restrictions

Government of India graded relaxation in visa and travel restrictions In view of the situation arising out of the COVID-19 pandemic, the Government of India had taken a series of steps to curtail the inward and outward movement of international passengers since February 2020. The Government has now decided to make a graded relaxation in […]

Merger & Acquisition

TCS Plans to Buy Deutsche Bank Technology Unit

Tata Consultancy Services (TCS) Plans to Buy Deutsche Bank Technology Unit Tata Consultancy Services (TCS), Asia’s biggest software exporter by market value, is in advanced talks to acquire a technology services unit of Deutsche Bank AG. The discussions about the Bonn-based Postbank Systems AG are expected to result in a deal with the Indian company […]

Industry

Wipro, SAP collaborate to deliver SAP Enable Now

Wipro, SAP collaborate to deliver SAP Enable Now to provide a unique learning experience Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it has entered into an agreement with SAP to deliver SAP Enable Now. This custom enablement platform by SAP will help organizations adapt faster to […]

C-Suite Move

ZEE announces strategic restructuring of the organization

ZEE Entertainment Announces Strategic Restructuring of the Organization Zee Entertainment Enterprises Ltd. (ZEE), a leading global content company, has announced a strategic restructuring of the organization in line with its ‘ZEE 4.0 Strategy’. In order to capture the emerging opportunities resulting from the explosive growth in content consumption across genres in India and South Asia, […]

Cabinet approves bonus for central government employees

Union Cabinet approves bonus for 30 lakh central government employees On Wednesday, at a meeting, chaired by Prime Minister Narendra Modi, approval was given for Productivity Linked Bonus or PLB for the year 2019-2020. Union Cabinet approved Rs 3,737 crore bonus for 30.67 lakh, central government employees, to meet their expenses during the festival season. The […]