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 2021

Industry

Cyient announces weeks of gender-neutral parental leave

Jul 19, 2021

Facebook records . increase in people of colour as leaders

San Francisco, Facebook said that it has achieved a . per cent increase in Black leaders due to s...

Industry

Jul 19, 2021

Latest news: Facebook records . increase in people of colour as leaders - SightsIn Plus

LT Infotech attrition rate increased to . in Q of the FY

IT services company, LampT Infotech LTI, part of Larsen amp Toubro Group has announced its net...

Industry

Jul 16, 2021

Latest news: LT Infotech attrition rate increased to . in Q of the FY - SightsIn Plus

Infosys to hire , freshers in FY, Return to office in next months

Indias second-largest IT major, Infosys plans to hire , college graduates for the financ...

Industry

Jul 16, 2021

Latest news: Infosys to hire , freshers in FY, Return to office in next months - SightsIn Plus

Industry

Wipro to get employees back to office by Sept, to hire 30K freshers in FY22

Yesterday, Bangaluru based IT major Wipro has announced results for the First Quarter ended June 30, 2021. Highlights of the Results Gross Revenue was ₹182.5 billion ($2.5 billion1), an increase of 12.4% QoQ and 22.4% YoY IT Services Segment Revenue was at $2,414.5 million, an increase of 12.2% QoQ and 25.7% YoY Net Income for the quarter […]

Jul 16, 2021

Industry

Infosys attrition increased to 13.9% in Q1 of the FY 2021-22

India’s second-largest IT company Infosys has announced its first-quarter Q1 results for the financial year 2021-22. The company has reported a consolidated net profit of Rs 5,195 crore for the quarter ended June 30, thereby growing 2.3 percent sequentially. The company’s Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 percent YoY, as against Rs […]

Jul 14, 2021

Industry

Mindtree reports 13.7 % attrition, adds over 3,442 people to its workforce

On July 13, IT firm Mindtree has announced its Q1 results for the financial year 2021-22. The company has reported a 61% year-on-year rise in its Q1 net profit at Rs. 343.3 crore as compared to Rs. 213 crore in the same quarter last year. The net profit was up 8% on a sequential basis. Announcing Q1 results for […]

Jul 14, 2021

Industry

Flipkart to buyback employee stock options worth Rs 600 crore

Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore). In an e-mail […]

Jul 13, 2021

Industry

Steel Minister held performance review meeting of SAIL, NMDC, MECON

Union Steel Minister Shri Ram Chandra Prasad Singh on July 12 held Video Conference with Chairman, SAIL, CMDs of NMDC and MECON, to review the activities and performance of these CPSEs. Chairman/CMDs made the presentations to inform about the organisation, ongoing activities, projects, financial performance, and the way forward. While reviewing the performance, Union Minister […]

Jul 13, 2021

Industry

TCS attrition goes up in Q1 of the financial year 2022

India’s largest IT Major, TCS has announced its first-quarter Q1 (quarter ending on June 30) results of July 8, 2021. TCS reported attrition of 8.6 per cent in Q1. Although the attrition rate is the lowest among peers, it has gone up from the previous quarter’s 7.2 per cent, ending on March 31. Recently, Accenture […]

Jul 12, 2021

Industry

TCS plans to bring employees back to office by September this year

India’s largest IT major, TCS has the target to get vaccinated all of its 5 lakh employees by September this year and bring them back to office on a regular basis. said Rajesh Gopinathan, CEO. While responding to media on July 9 after the Q1 results announcement, Gopinathan said, “We are all hoping to get our […]

Jul 10, 2021

Industry

Deutsche Post up outlook, to pay staff pandemic bonus

German logistics group Deutsche Post DHL raised its short and medium-term profit outlook on Wednesday and said it would pay another coronavirus bonus to staff, predicting that the e-commerce boom driven by the pandemic would continue. Deutsche Post, one of the world’s largest logistics firms, expects operating profit to increase to more than 7 billion euros ($8.26 […]

Jul 9, 2021

Industry

Cognizant and Capgemini to announce Q2 Results for FY22 on July 28

American IT major, Cognizant will announce results for the second quarter of 2021 on Wednesday, July 28, 2021, after market close. Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter. The conference call will also be available live on the Investor Relations section of the company’s […]

Jul 9, 2021

Industry

Microsoft announces Rs 1.12 lakh as a pandemic bonus for all employees

Technology major, Microsoft has announced to give all of its employees $1,500 (over Rs 1.12 lakh) pandemic bonus, in recognition of a challenging fiscal year. According to The Verge report, Microsoft is gifting the bonus to all staff below the Corporate Vice President level that started on or before March 31, 2021. The company will also include […]

Jul 9, 2021

Industry

Tech Mahindra partners StaTwig for Covid-19 vaccine supply chain

IT major Tech Mahindra has partnered with StaTwig, a Singapore and Hyderabad-based digital supply chain solution provider, to implement vaccine traceability platform ‘VaccineLedger’ globally. The companies aim to roll-out a blockchain-based traceability solution for global vaccine supply chain transparency, predict and prevent failures in supply chains, including problems related to expired vaccines, stock out, and counterfeiting, a statement said. […]

Jul 9, 2021

Industry

TCS has crossed 5 lakh headcounts, attrition higher than previous quarter

On July 8, India’s largest IT major, TCS has announced the Q1 results of the Financial Year 2021-22. Net profit of the company rose to Rs. 9,008 crore, in Q1 FY22 ending June 30 from Rs. 7,008 crore a year earlier. Revenue from operations jumped 18.5% to Rs. 45,411 crore. The company unveiled a 29% rise year-on-year in […]

Jul 8, 2021