News: HR News, Trends & Workplace Insights

Explore the latest News news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Sep 2020

Jobs

Google introduces a three-day weekend for employee

Sep 8, 2020

Larsen Toubro hires dozens of ex-Cognizant executives

Larsen amp Toubro hires dozens of ex-Cognizant executives Larsen amp Toubro LampT has employ...

Survey & Report

Sep 8, 2020

Latest news: Larsen Toubro hires dozens of ex-Cognizant executives - SightsIn Plus

Prasad Kulkarni joins CITCO as SVP- HR Business Excellence

Prasad Kulkarni joins CITCO as Senior Vice President HR Business Excellence Prasad Kulkarni ...

CHRO Move

Sep 8, 2020

Latest news: Prasad Kulkarni joins CITCO as SVP- HR Business Excellence - SightsIn Plus

Karnataka approves new IT policy, to create lakh jobs

Karnataka cabinet approves new IT policy, to create lakh jobs Karnataka cabinetnbspon Thursday ...

Jobs

Sep 4, 2020

Jobs

SBI announces new VRS scheme for employees

State Bank of India introduces a new voluntary retirement scheme State Bank of India (SBI), has announced a voluntary retirement scheme (VRS) that gives an option to employees who do not get promoted beyond a certain level to move out. The scheme will be opened for three months, from December to January, every year, and […]

Sep 3, 2020

Jobs

Cabinet approves Mega HR Reform for Govt employees

On Wednesday, Hitting a reset on civil services, the union cabinet approved Mission Karmayogi, a mega human resource reform for all the government employees, and decided to put in place a four-tier mechanism including a PM HR Council to review performance, productivity, and capacity of the bureaucracy. Cabinet approves “Mission Karmayogi“- National Programme for Civil Services Capacity Building (NPCSCB) […]

Sep 3, 2020

Industry

Cognizant to acquire cloud specialist firm 10th Magnitude

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 […]

Sep 3, 2020

Labour Law

Consumer Price Index for Industrial Workers up 5.33% in July

Labour Ministry releases Consumer Price Index for Industrial Workers, July 2020 The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of the retail prices of selected items collected from 289 markets spread over 78 industrially important centres in […]

Sep 2, 2020

Merger & Acquisition

L&T sells electrical & automation arm to Schneider Electric

L&T announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric Larsen & Toubro (L&T) on Monday announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation. The sale—an all-cash deal amounting to nearly Rs 14,000 crore—was announced in […]

Sep 2, 2020

CHRO Move

IBM appoints new CHRO as Diane Gherson retires

IBM appoints Nickle LaMoreaux as its new Chief Human Resources Officer (CHRO), Diane Gherson retires Arvind Krishna, CEO, IBM has announced the appointment of Nickle LaMoreaux as Senior Vice President of Human Resources and Chief Human Resources Officer. “Diane Gherson, who has been IBM’s Senior Vice President of Human Resources for the past seven years, […]

Sep 2, 2020

Jobs

Infosys to hire 12,000 American workers in next two years

Infosys to hire 12,000 American workers in next two years India’s second-largest IT firm Infosys on Tuesday said it plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years. In 2017, Infosys had committed to hiring 10,000 American workers over two years […]

Sep 1, 2020

Jobs

PhonePe to expand its business, create 10,000 jobs

PhonePe to expand its business, create 10,000 jobs Walmart-owned PhonePe said in a statement that it will enable digital payments for over 25 million small merchants in the next one year. It plans to reach 5,500 talukas through its merchant acquisition team that will help generate over 10,000 jobs in semi-urban and rural areas. PhonePe […]

Sep 1, 2020

CHRO Move

Cadila Pharmaceuticals gets a new Global President- HR

Cadila Pharmaceuticals appoints Thiru A Thirunavukkarasu as Global President- Human Resources Thiru A Thirunavukkarasu, popularly known as A Thiru, ex-President – Corporate HR of JK Organisation (EZ) joins Cadila Pharmaceuticals Limited as Global President- Human Resources. With over three decades of experience in human resources, Thiru provides strategic HR insights and pragmatic solutions to the […]

Aug 31, 2020

Coronavirus

Tata Motors will not give increment, deducts FY21 flexi pay

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 […]

Aug 31, 2020

Coronavirus

150-200K IT/ITeS people are likely to lose their jobs

At least 150 to 200K IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19 At least 150,000 to 200,000 IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19, Business Standard reports. The Indian IT and BPM sector employs around 4.4 million people, directly […]

Aug 31, 2020

Industry

Reliance Retail acquires Future Group’s retail business

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 […]

Aug 30, 2020