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Tata Consultancy Services TCS has introduced a tiered severance package with a minimum payout of s...
Tata Consultancy Services TCS, Indias largest IT services firm, is undergoing a significant workf...
Eternal Ltd., the parent company of Zomato, has approved a fresh round of employee stock options ES...
Electric two-wheeler manufacturer Ather Energy has granted 12.74 lakh employee stock options (ESOPs) under its 2025 plan, reinforcing its commitment to long-term employee wealth creation and organizational growth. The move, approved through two separate resolutions, reflects the company’s continued focus on retaining and rewarding talent as it scales operations and competes in India’s fast-growing EV […]
In a move that will benefit more than 10.91 lakh non-gazetted railway employees, the Union Cabinet has approved a Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2024–25. The decision, announced on September 24, 2025, comes ahead of the Durga Puja, Dussehra, and Diwali festivals and is expected to boost […]
Amazon has announced a $1 billion investment aimed at improving compensation and reducing health care costs for its U.S.-based fulfillment and transportation employees. The initiative, unveiled on September 17, 2025, is part of the company’s broader effort to enhance worker benefits and retain talent ahead of peak shopping seasons such as Prime Day and the […]
Hyundai Motor India Limited (HMIL) has signed a long-term wage settlement agreement with the United Union of Hyundai Employees (UUHE), offering a structured salary hike of ₹31,000 per month over a three-year period. The agreement, effective from April 1, 2024, to March 31, 2027, applies primarily to the technician and workmen cadre and is being […]
Alliance Insurance Brokers, a leading insurance services provider in India, has announced the issuance of Employee Stock Ownership Plans (ESOPs) worth ₹55 crore. The move is aimed at rewarding top-performing employees and those who have demonstrated long-term commitment to the organization. The announcement was made on September 15, 2025, and marks a significant step in […]
SpiceJet, one of India’s leading budget carriers, has responded to growing concerns over delayed salary payments by stating that the disbursements are part of a “phased schedule” followed during lean operational periods. The clarification comes amid reports that a significant portion of the airline’s workforce has not received full salaries for August, prompting questions about […]
Capgemini SE, the French multinational IT services and consulting firm, has announced the launch of its twelfth Employee Share Ownership Plan (ESOP), reinforcing its long-standing commitment to employee inclusion in corporate growth. The plan, unveiled on September 11, 2025, is designed to cover approximately 98% of the company’s global workforce, offering them the opportunity to […]
The National Apprenticeship Promotion Scheme (NAPS) is set for significant reforms in its second phase (NAPS-2), focusing on broadening youth participation and strengthening India’s skilled workforce. This was detailed in a statement by Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Jayant Chaudhary, in a written reply in the Lok Sabha. […]
Synechron, a leading digital transformation consulting firm, has announced the distribution of restricted stock units (RSUs) to all employees worldwide after surpassing $1 billion in annual revenue. The milestone, achieved in the current fiscal year, marks a significant moment in the company’s 24-year journey from a self-funded startup to a global enterprise. Founded in 2001 […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has resumed its annual salary revision cycle after a five-month delay, offering double-digit hikes to top-performing employees. The company confirmed that the increments, effective from September 1, 2025, will range between 4.5% and 7% for the majority of staff, while exceptional performers will receive hikes exceeding […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has rolled out annual salary hikes ranging from 4.5% to 7% for a majority of its employees, effective September 1, 2025. The increment letters were sent out late Monday evening, marking the end of a five-month delay in the company’s usual April cycle. The hikes apply […]
Mining and metals conglomerate Vedanta Ltd has announced the rollout of Employee Stock Options Scheme (ESOS) worth ₹450 crore for the financial year 2024–25. The scheme, unveiled on August 31, marks one of the largest ESOP allocations in the company’s history and is aimed at enhancing employee ownership, motivation, and long-term retention. The ESOS grants […]
