News: HR News, Trends & Workplace Insights

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Updated on: May 2020

Merger & Acquisition

Accenture acquires Indian data analytics firm Byte Prophecy

May 19, 2020

Industry reactions on Rs lakh crore economic package

PM Modi has announced Rs lakh crore economic support package, intended to help the economy tide o...

Survey & Report

May 19, 2020

Latest news: Industry reactions on Rs lakh crore economic package - SightsIn Plus

After Zomato, Swiggy Announces , Layoffs

Food delivery company Swiggy said today that it will lay off , employees over the next few days,...

Coronavirus

May 18, 2020

Latest news: After Zomato, Swiggy Announces , Layoffs - SightsIn Plus

Govt issued notice to Hexaware for firing employees

The IT firm Hexaware Technologies has been served a legal notice for firing employees, not allowing ...

Coronavirus

May 18, 2020

Latest news: Govt issued notice to Hexaware for firing employees - SightsIn Plus

Coronavirus

MHA extends lockdown till 31 May with new guidelines

Centre government extends lockdown till 31 May with new rules and guidelines, States are given more power Centre government has released the guidelines for the fourth phase of lockdown guidelines today. The demands and expectations of states on lockdown extension have been mixed- with some demanding the extension while others are in favour of opening […]

May 17, 2020

Industry

Lava plans to shift production to India from China

On Prime Minister Narendra Modi’s call “Local ke liye Vocal“, Lava on Saturday, 16 May announced to shift its entire mobile R&D, design and manufacturing for the export market from China to India within next six months, announcing to invest overall nearly Rs 800 crore in the due course of time. According to a report […]

May 16, 2020

Coronavirus

Zomato to lay off 13% of the workforce

Zomato to lay off 13% of the workforce and temporary pay cut of up to 50% for remaining employees Indian online food delivery platform Zomato on Friday said it will reduce its workforce by 13%, while also implementing a temporary pay cut of up to 50% for remaining employees as nationwide lockdown to prevent the […]

May 16, 2020

Coronavirus

Central Government staff to WFH even after Lockdown

In a post-lockdown scenario, Centre will continue with staggered and variable work hours and the Personnel Ministry has come out with a draft consultation paper to adopt best work from home practices for Central government employees. The Department of Personnel and Training (DoPT) may provide the option for work from home to the eligible officers/staff […]

May 15, 2020

Industry

More VP and SVP levels exit at Cognizant

IT Major Cognizant is seeing another churn among senior executives. Several senior vice-presidents (SVPs) and vice-presidents (VPs) have resigned recently from the company. According to the TOI report, among these are Jaideep Poondir, SVP in the banking and financial services vertical, Rajesh Balaji, SVP, and delivery head of enterprise application services practice, and Vinayambika Kidiyur, […]

May 15, 2020

Industry

TCS to build two new facilities in Pune and Noida, expected to accommodate over 50,000 employees

Despite announcing last month that it would let 75% of its employees work from home by 2025, Tata Consultancy Services, Tata Consultancy Services (TCS) is seeking approval to develop two new IT parks of five million sqft as well as lease an additional one million sqft. IT major TCS is planning to set up an […]

May 15, 2020

Coronavirus

Reset L&D strategy in times of the crisis

What’s the one common thing between successful businesses of all shapes and sizes, across geographies and industries? A continuous learning culture, amongst other things. And driving this culture is a bunch of committed individuals (L&D or HR) and robust systems that work day-in and day-out to ensure that employees have instant access to learning – […]

May 15, 2020

Coronavirus

Tata Motors resumes operations at two plants, Pantnagar and Sanand

Tata Motors on Wednesday said it has commenced operations at its Pantnagar (Uttarakhand) and Sanand (Gujarat) facilities after getting approvals from relevant government authorities. The other plants in Lucknow (Uttar Pradesh), Dharwad (Karnataka), Jamshedpur (Jharkhand) and Pune (Maharashtra) are in final stage of readiness and expect to begin production over the next few days, Tata […]

May 15, 2020

Labour Law

Govt announced labour codes and detailing of its benefits

FM Nirmala Sitharaman Press Conference: On the second day, FM Sitharaman said the announcements will be made in tranches. Today’s second tranche of announcements focused on migrant workers, street vendors, small traders, self-employed people, small farmers. While announcing economic package FM Nirmala Sitharaman highlighted labour codes, detailing the benefits to labourers, and she said, Govt […]

May 14, 2020

Coronavirus

Govt extends deadline for filing ITR for FY20

In the announcement of the economic relief package, Finance Minister Nirmala Sitharaman said that the due date for Income Tax Returns for the year 2019-2020 is now being extended from July 31, 2020, and October 31, 2020 to November 30, 2020. She said, “Due date for all income-tax return for FY 2019-20 will be extended […]

May 14, 2020

Labour Law

EPF contribution reduced to 10% for the next 3 months

Union Finance Minister Nirmala Sitharaman announced details for the total Rs 20 lakh crore stimulus package in a press conference on Wednesday. To increase the demand in the country and more take-home salary, the government has decided that EPF contribution for business entities and workers for the next three months will be reduced to 10 […]

May 14, 2020

Coronavirus

Modi announced Rs 20 lakh crore package, Who is it for?

PM Modi announces Rs 20 lakh crore reform package, Who is it for? What’s in it for various sections? While addressing the nation, Prime Minister Narendra Modi yesterday announced a mega Rs 20 lakh crore package to provide relief to the people and help the country fight the fallout of the coronavirus pandemic. While Finance Minister […]

May 13, 2020