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Chandigarh Union Territory UT Administration has announced a revision of Deputy Commissioner DC ...
Microsoft employees have once again turned to crowdsourced spreadsheets to share detailed compensati...
Infosys, Indias second-largest IT services company, has announced an average bonus payout of fo...
DEE Development Engineers Limited, a leading provider of process piping solutions for the oil & gas, power, and industrial sectors, has announced the allotment and listing of 74,296 equity shares under its Employee Stock Option Plan (ESOP) 2023. These shares have been listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), […]
IT services major Cognizant has announced that approximately 80% of eligible employees will receive salary hikes effective November 1, 2025, reaffirming its commitment to performance-based rewards and talent retention. The annual increment cycle was originally scheduled for August but faced a three-month delay. This postponement was due to macroeconomic factors, including uncertainties related to tariffs. […]
OpenAI, the Microsoft-backed artificial intelligence research firm behind ChatGPT, has announced million-dollar bonuses for approximately 1,000 employees, representing nearly one-third of its workforce. The bonuses are aimed at retaining top talent in the face of intensifying competition from tech giants and startups aggressively recruiting AI researchers and engineers. OpenAI announced the news just ahead of […]
More than 140 executives at Eternal—the parent company of Blinkit and Zomato—exercised employee stock options (ESOPs) worth ₹419 crore over July 29 and 30. The move, disclosed through stock exchange filings, signals strong internal confidence in the company’s long-term prospects and coincides with Eternal’s stock reaching a seven-month high. Albinder Dhindsa, Blinkit CEO, Accounts for […]
Nvidia Corporation, the global leader in AI chips and graphics processing technology, has reached a remarkable milestone: nearly 80% of its employees are now millionaires, according to internal surveys and financial reports. This surge in employee wealth is directly tied to Nvidia’s meteoric rise in market value, driven by its dominance in the AI sector […]
Mahindra & Mahindra (M&M) has announced a one-time Employee Stock Ownership Plan (ESOP) for 23,000 employees across its group companies. The initiative, valued between ₹400 crore and ₹500 crore, is designed to reward long-term contributions and align employee efforts with the company’s broader wealth creation goals. This ESOP rollout spans three major subsidiaries: Mahindra & […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has announced wage hikes for approximately 80% of its workforce, primarily covering junior to mid-level employees. The pay revisions will take effect from September 1, 2025, and were communicated to staff via an internal email from Chief Human Resources Officer Milind Lakkad and CHRO Designate K […]
Apple Inc. has publicly disclosed detailed salary ranges for a wide array of technical roles, including engineers, software developers, and data scientists. The information comes from federal filings submitted to the U.S. Department of Labor in 2025, primarily related to foreign worker sponsorships. While the figures exclude bonuses, stock grants, and other benefits, they offer […]
Mahindra Group has announced a one-time Employee Stock Ownership Plan (ESOP) grant for 12,000 to 14,000 employees, including shop floor workers for the first time. The initiative, timed ahead of Diwali, reflects the company’s intent to recognize long-term contributions and foster a sense of ownership among its workforce. The ESOP grant spans across three core […]
Cognizant, one of India’s leading IT services firms, has yet to finalize its decision on salary hikes for employees in 2025. Despite earlier indications that merit-based pay increases would begin in August, the company has now stated that no firm timeline has been set. The uncertainty stems from ongoing macroeconomic challenges and a cautious demand […]
India’s top IT services firms—Tata Consultancy Services (TCS), Infosys, Wipro, and HCL Technologies—have released their Q1 FY26 results, offering insights into their hiring strategies, salary revisions, and business outlook. While Infosys posted relatively stronger numbers, the overall sentiment across the sector remains cautious due to global macroeconomic headwinds, delayed client spending, and evolving demand patterns. […]
The Government of India is preparing to constitute the 8th Pay Commission (CPC), which is expected to recommend a 13% effective salary hike for nearly 50 lakh central government employees and 65 lakh pensioners. While the commission was announced in January 2025, its formal setup—including the appointment of members and definition of Terms of Reference […]
