Industry: HR News, Trends & Workplace Insights

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Updated on: May 2021

Industry

JCB India temporarily suspends production for days

May 1, 2021

Escorts will temporarily halt manufacturing during May -

Escorts will temporarily halt manufacturing during May - Farm equipment major Escorts will tempora...

Industry

Apr 30, 2021

Latest news: Escorts will temporarily halt manufacturing during May - - SightsIn Plus

HDFC Bank sets up isolation centres for Covid-affected employees

HDFC Bank sets up isolation centres for Covid-affected employees HDFC Bank on Tuesday announced that...

Industry

Apr 28, 2021

Latest news: HDFC Bank sets up isolation centres for Covid-affected employees - SightsIn Plus

Tech Mahindra headcount drops in FY, hiring to increase in FY

Tech Mahindra reported an increase in attrition rate to from in the previous quarter IT serv...

Industry

Apr 27, 2021

Latest news: Tech Mahindra headcount drops in FY, hiring to increase in FY - SightsIn Plus

Industry

Wipro overtook HCL Tech to be third largest IT firm

Wipro overtook HCL Tech to be third largest IT firm Wipro Ltd, on Friday, overtook Noida-headquartered HCL Technologies to become the third-largest Indian IT services company by market capitalization. The market valuation of Wipro was at Rs. 2,64,916.48 crore while that of HCL Tech was at Rs. 2,62,004.37 crore on the BSE. On 22 October […]

Apr 27, 2021

Industry

Amazon donates oxygen concentrators to India

Amazon donates oxygen concentrators to India Amazon on Sunday said that it is donating 10,000 oxygen concentrators and BiPAP machines to hospitals and public institutions to augment their capacity to help Covid-19 infected patients across multiple cities in India. Amazon has joined hands with ACT Grants, Temasek Foundation, Pune Platform for COVID-19 Response (PPCR) and […]

Apr 26, 2021

Industry

Procter & Gamble contributes Rs 50 crore for Covid Vaccination

Procter & Gamble contributes Rs 50 crore for Covid Vaccination Procter & Gamble, an American multinational consumer goods company today pledged Rs 50 crore contribution towards COVID-19 vaccination of over 5 lakh Indians to be carried out in partnership with government and local authorities. In a statement, the company said it is contributing towards the vaccination of 100 […]

Apr 26, 2021

Industry

Wipro to reach Net-Zero Greenhouse Gas Emissions by 2040

Wipro to reach Net-Zero Greenhouse Gas Emissions by 2040 Wipro Limited, a leading global information technology, consulting, and business process services company, has announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge […]

Apr 26, 2021

Industry

HCL Tech rolls out skill-based allowance to 16K employees, Attrition came down to 9.9%

HCL Technologies: Attrition came down to 9.9% from 16% a year earlier The IT major, HCL Technologies has announced a skill-based allowance to its 16,000 employees. This allowance will be 25-30% of employees’ cost-to-company (CTC). Apart from this, the company has set a target to hire 20,000 campus graduates this year compared to 14,500 in the […]

Apr 26, 2021

Industry

Revolut starts India operations, will hire 300 People in HR, finance, etc

Revolut starts India operations, will hire 300 People in HR, finance, etc UK-based Fintech firm, Revolut will hire 300 staff for its subsidiary in India and make a multi-million-pound investment there as part of its global expansion, the British-based digital bank app said on Thursday. The company also has appointed Paroma Chatterjee as its India […]

Apr 22, 2021

Industry

TCS to vaccinate its employees thru direct tie-up with suppliers

TCS to vaccinate its employees thru direct tie-up with suppliers India’s largest IT Services firm, Tata Consultancy Services (TCS) is planning to vaccinate its employees and their family members through a direct tie-up with the suppliers, after government’s new guidelines for vaccinating everyone above the age of 18 years, starting from May 1. The total headcount of […]

Apr 22, 2021

Industry

ONGC India’s 3 employees are kidnapped from Assam

ONGC India’s 3 employees are kidnapped from eastern oil rig of Assam According to a Reuters report, ONGC (Oil and Natural Gas Corp) announced that three of its employees were kidnapped by gunmen from a rig site in the Assam state of India. The company has filed a complaint with local officials and said that the […]

Apr 21, 2021

Industry

Hero MotoCorp halts manufacturing operations from tomorrow

Hero MotoCorp halts manufacturing operations amid rising COVID-19 cases India’s largest two-wheeler maker Hero MotoCorp halts manufacturing operations amid rising COVID-19 cases in the country. The company said in a statement “In keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all […]

Apr 21, 2021

Industry

Infosys asked employees to WFH, follow health advisories, and take Vaccine

Infosys asked employees to WFH, follow health advisories, and take Vaccine Yesterday, Infosys, the second-largest IT services firm in India asked employees to work from home, follow health advisories, take the Covid-19 vaccine if eligible, and stay safe from the second wave of the COVID-19 pandemic. UB Pravin Rao, COO of Infosys sent an email […]

Apr 20, 2021

Industry

Paytm expands ESOP scheme to $604 million

Paytm expands ESOP scheme to $604 million Fintech major Paytm on Monday said it has added 242,904 stock options, taking its ESOP pool valuation to USD 604 million (about Rs 4,522 crore). Paytm has added 242,904 stock options taking the existing ESOP pool to 2.4 million equity options. The company’s employee stock ownership plan (ESOP) pool valuation has jumped to USD 604 million […]

Apr 20, 2021

Industry

TCS rolled out Pay Hike from April 2021, Who will not get it?

TCS rolled out Pay Hike from April 2021, Who will not get it? India’s biggest IT major, Tata Consultancy Services (TCS) had announced its second salary hike within six months, effective from the month of April 2021. Previously, the company rolled out its first salary hikes by 6-8% in October 2020. With the upcoming hike, […]

Apr 19, 2021