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Tech Mahindra reported an increase in attrition rate to from in the previous quarter IT serv...
Wipro overtook HCL Tech to be third largest IT firm Wipro Ltd, on Friday, overtook Noida-headquarter...
Amazon donates oxygen concentrators to India Amazon on Sunday said that it is donating , oxygen...
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
Daimler to hire 1,000 programmers in Germany German carmaker Daimler will create 1,000 new jobs for software programmers at its S-Class production facility to develop its planned operating system for electric vehicles, Automobilwoche reported on Sunday. The hiring comes as part of a broader drive to recruit a total of 3,000 programmers worldwide to strengthen […]
LIC rolls out 16% salary hike, 5-day-work week, and special allowance After a long time, Life Insurance Company (LIC) has announced a salary hike of 16% for all employees. Over one lakh employees of LIC will benefit from the wage revision that has come along with several other perks. Earlier to this, LIC employees got […]
