Industry: HR News, Trends & Workplace Insights

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

Updated on: Jul 2023

Industry

TCS plans to hire , freshers in FY

Jul 19, 2023

Income Tax India update on linking PAN with Aadhaar

Income Tax India has recently shared a tweet through the official Twitter handle on linking PAN with...

Industry

Jul 19, 2023

Latest news: Income Tax India update on linking PAN with Aadhaar - SightsIn Plus

Pune-based company lost Rs lakh in an email scam

According to the reports of India Today, a Pune-based engineering company has lost , EUROS appr...

Industry

Jul 18, 2023

Latest news: Pune-based company lost Rs lakh in an email scam - SightsIn Plus

TCS starts onboarding laterals after fast-tracking verification

IT giant, Tata Consultancy ServicesnbspTCS starts onboarding some of the lateral hires whose onb...

Industry

Jul 18, 2023

Latest news: TCS starts onboarding laterals after fast-tracking verification - SightsIn Plus

Industry

Tata Technologies launches InnoVent for Engineering Students, register

Tata Technologies, a global engineering and product development digital services company, announced the launch of Tata Technologies InnoVent, an innovation platform that provides young engineering students In India. It will train, mentor and recognize the best project teams, assisting them in realizing their full potential. If you’re a bold, creative thinker with a passion for innovation, the hackathon offers the […]

Jul 18, 2023

Industry

Nearly one-third of HDFC Bank employees left in fiscal year 2023

An Indian banking and financial services company, HDFC Bank nearly one-third of its employees have left in fiscal year 2023. The Bank’s attrition rate is at around 30 percent. Additionally, for a few levels above the entry-level, the attrition rate is between 20 to 30 percent. The bank has witnessed the highest attrition at the […]

Jul 18, 2023

Industry

PwC to TCS top scams that hit the companies in 2023; Check here

According to reports, Around 66% of Indian companies have experienced at least one instance of economic crime and scams in the past two years, with the covid-19 pandemic prompting a significant increase in platform fraud. In 2023 companies have been layoffs, Hiring freezes, and apparently, scams also hit the companies. Here is the list of […]

Jul 17, 2023

Industry

File ITR as govt not contemplating extension of July 31 deadline

Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of the July 31 deadline. Sanjay Malhotra further said, “We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would […]

Jul 17, 2023

Industry

PwC India to enhance digital transformation in HR tech

Zoho announced a strategic partnership with PwC India. This alliance brings together Zoho’s product portfolio of over 55 products with PwC’s proven expertise in driving digital transformation strategy through advisory and consulting services. Through this partnership, PwC India and Zoho will help medium to large enterprises in the country accelerate their digital transformation journey, enabling […]

Jul 15, 2023

Industry

No income tax up to Rs 7.27 lakh per annum: Finance Minister

Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and shared tax benefits including income tax exemption for those earning up to Rs 7.27 lakh per annum. Nirmala Sitharaman said in a tweet said, “Under the new regime, there is no income tax to be paid for annual income up to Rs […]

Jul 15, 2023

Industry

Wipro strengthens staffing vendors checks after TCS scam

A multinational corporation, Wipro has a stringent contract hiring process. The company will be working on a higher frequency of performance checks. This move comes in the wake of the alleged ‘bribe-for-jobs’ scandal at TCS. The company has sacked six employees after finding them guilty of accepting favours from certain staffing firms in the appointment of contractual […]

Jul 15, 2023

Industry

After Quiet Quitting, what is ‘Loud Quitting’ new workplace trend?

The workplace has been undergoing the emergence of new trends. After the rise of “moonlighting”, “Great Resignation”, and “quiet quitting”, now “loud quitting” has taken center stage. For leaders and managers, loud quitting can signal major risks within an organization that are important not to ignore. Conversely, quiet quitters are often your greatest opportunity for growth and […]

Jul 15, 2023

Industry

CBI books EPFO official, 13 Jet Airways employees: PF fraud case

The Central Bureau of Investigation (CBI) has registered an FIR against an EPFO official, and 13 ex-employees of Jet Airways in the PF claims fraud case. The FIR Copy read, “Bamne was found to be involved in various fraudulent activities. While working as Dealing Assistant in Accounts Section in Kandivli, Bamne received illegal gratification in his […]

Jul 14, 2023

Industry

Wipro Q1FY24: headcount down by 8,812 employees, attrition 17.3

Wipro Limited a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter that ended June 30, 2023. “Wipro’s first-quarter results come with a strong backbone of large deal bookings, robust client additions, and resilient margins,” said Thierry Delaporte, CEO and Managing Director. “Despite a gradual reduction in […]

Jul 14, 2023

Industry

TCS rolls out annual pay hikes, and promotions; effective from April

India’s largest IT services provider firm, Tata Consultancy Services (TCS) has announced a salary hike for its employees, despite the 200-bps impact on the company’s operating margin. TCS CFO Samir Seksaria said, “The annual pay hikes effective from April 1, would result in a 200-basis-point hit on the operating margin, which currently stands at 23.2%.” The […]

Jul 13, 2023

Industry

Policybazaar employees win houses, cars as new R&R initiative

Policybazaar last week concluded Season 3 of Jeeto Apna Ghar (JAG), an award-winning employee-focused initiative. The company said that across three successful seasons, policybazaar’s Jeeto Apna Ghar contest has 23 houses and 8 cars given out till date – prize money of over 25 Cr. Amid overwhelmingly positive employee feedback, Policybazaar last week concluded Season […]

Jul 13, 2023