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: Jan 2025

Editorial

Strong Job Growth and Salary Increases Expected in IT Sector

Jan 4, 2025

Foxconn Invests Million in Worker Housing in Tamil Nadu

Foxconn, the Taiwanese contract manufacturer known for assembling iPhones, has completed its mi...

Industry

Dec 31, 2024

Latest news: Foxconn Invests Million in Worker Housing in Tamil Nadu - SightsIn Plus

Big Giants Deloitte EY Lay Off Employees Amid Challenges

Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations a...

Industry

Dec 27, 2024

Latest news: Big Giants Deloitte EY Lay Off Employees Amid Challenges - SightsIn Plus

Satcom Services to Drive Major Hiring in Indian Telecom

The burgeoning satellite communication satcom sector is poised to trigger a significant hiring sur...

Hiring

Dec 26, 2024

Employment

DPIIT: Startups Generate 1.6 Million Jobs Across Sectors

Department for Promotion of Industry and Internal Trade (DPIIT) has revealed that startups in India have created over 1.6 million jobs. This report reflects the vital role startups play in the country’s economy, contributing to various sectors such as fintech, edtech, health-tech, and e-commerce. DPIIT Report on Startups: Gender Inclusivity & Global Reach India’s startup […]

Dec 26, 2024

Industry

Deloitte Announces Cost-Cutting Measures After Year of Upheaval

Deloitte, one of the Big Four accounting firms, is once again tightening its belt after a tumultuous year marked by reorganization and cost-cutting measures. The firm has announced plans to reduce spending on staff travel and expenses by over 50% for the remainder of the financial year, a move aimed at navigating the challenging market […]

Dec 24, 2024

Compensation

Infosys Ex-CFO Mohandas Pai Highlights Salary Inequality

Mohandas Pai, former CFO of Infosys and current Chairman of Aarin Capital, has raised a critical issue regarding the growing wage disparity in India’s IT sector. In a recent statement, Mohandas highlighted the stark contrast between the salaries of top executives and entry-level employees. He called for urgent reforms to address this imbalance. Infosys Ex-CFO […]

Dec 23, 2024

Industry

TCS iON Offers Free Digital Certification Course; Register Here

Are you looking to boost your career prospects in the ever-evolving digital landscape? Look no further than TCS iON, a strategic Tata Consultancy Services business unit that offers a 15-day free digital certification program. TCS iON Career Edge – Young Professional is a free-to-access 15-day career preparedness course designed to equip today’s youth with core employability skills […]

Dec 22, 2024

Industry

Fintech Job Surge: India to Add Over 300,000 Roles

India’s fintech industry is set to experience significant job growth, with projections indicating the addition of over 300,000 jobs in the coming years. The widespread adoption of digital payments, blockchain innovations, and the growth of open banking systems drive this surge. Indian fintech firms have attracted significant investment, with over $28 billion raised through 1,486 […]

Dec 21, 2024

Employment

Infosys Opened New Kolkata Development Center for 4,000 People

On December 18, Infosys, a global IT and consulting leader, opened a 320,000-square-foot development center in Kolkata, West Bengal. Built with an investment exceeding INR 426 crore, the facility is designed to host over 4,000 employees in a hybrid work model. It will support work on advanced technologies such as cloud computing, artificial intelligence, and […]

Dec 20, 2024

Industry

Accenture Beats Estimates, Added 25000 Employees in Q1FY25

Accenture reported a robust start to fiscal year 2025 with revenues reaching $17.7 billion, a notable increase of 9% in U.S. dollars and 8% in local currency compared to the first quarter of fiscal 2024. The company’s GAAP diluted earnings per share (EPS) stood at $3.59, marking a 16% increase over the first quarter of […]

Dec 19, 2024

Employment

Biden Govt Relaxes H-1B Visa Rules: Impact on IT Industry?

The outgoing Biden administration has introduced changes to H-1B visa rules, easing the process for U.S. companies to employ foreign workers with specialized skills. These updates also simplify the transition for F-1 student visa holders to H-1B visas, benefiting many Indian professionals in the tech sector. H-1B visas are crucial for U.S. companies, especially in […]

Dec 19, 2024

Industry

Tata Steel Launches First All-Women Shift in Indian Mining History

Tata Steel has launched an all-women shift at its Noamundi iron mine in Jharkhand, marking a significant milestone as the first initiative of its kind in India. This move is part of Tata Steel’s broader mission to promoting gender diversity and empowering women in traditionally male-dominated industries. Tata Steel All-Women Shift Initiative The all-women shift […]

Dec 17, 2024

Industry

Akasa Air Faces Pilot Resignations and Safety Allegations

A section of Akasa Air pilots has recently raised concerns about alleged training and safety issues at the airline, prompting them to seek the intervention of the civil aviation ministry. The airline, however, has categorically denied these allegations, calling them baseless and untrue. Akasa Air: Allegations by Pilots and Airline’s Response In a letter dated […]

Dec 16, 2024

Industry

Fintech Industry in India Sees 7.5% Rise in Job Opportunities

The Indian fintech industry is set to witness a significant rise in job opportunities, with a projected increase of 7.5% for the year 2024. This growth is driven by the widespread adoption of digital payments, blockchain innovations, and the expansion of open banking systems. Fintech Industry: Factors Driving Job Growth The surge in job opportunities […]

Dec 7, 2024

Industry

Swiggy Bolt Expands 10-Minute Delivery to 400+ Cities

Swiggy, the Bengaluru-based food delivery giant, has announced the expansion of its 10-minute food delivery service, Bolt, to over 400 cities across India. Initially launched in major metros like Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, Bolt is now available in Tier-2 and Tier-3 cities such as Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi. […]

Dec 2, 2024