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: Oct 2024

Industry

The Talent Crisis in Indias Renewable Energy Sector

Oct 21, 2024

TCS has deferred onboarding for lateral hires until Jan

Tata Consultancy Services TCS, one of the largest IT services companies, has recently deferred the...

Employment

Oct 20, 2024

Latest news: TCS has deferred onboarding for lateral hires until Jan - SightsIn Plus

LTIMindtree Adds , Employees in QFY Amid Growth

LTIMindtree, a global technology consulting and digital solutions company, has announced its consoli...

Industry

Oct 19, 2024

Latest news: LTIMindtree Adds , Employees in QFY Amid Growth - SightsIn Plus

Tech Mahindra Sets Record with , New Hires in QFY

Tech Mahindra, a leading IT services firm, added , net employees during the second quarter Q ...

Industry

Oct 19, 2024

Latest news: Tech Mahindra Sets Record with , New Hires in QFY - SightsIn Plus

Industry

Wipro Q2 FY25 Results: to Hire 3,000 Freshers Every Quarter

Bengaluru-based IT services major, Wipro, reported robust financial performance for the second quarter of FY25. Despite a challenging business environment, Wipro’s revenue remained resilient. In this report, we will be discussing the key highlights. Wipro’s net profit surged by an impressive 21.2% year-on-year (YoY), reaching ₹3,208.8 crore. This growth reflects the company’s effective cost management and […]

Oct 18, 2024

Industry

Infosys Q2FY25 Highlights: Performance & Hiring Trends

India’s second-largest IT services company, Infosys, yesterday released its financial results for the second quarter of fiscal year 2025 (Q2 FY25). Despite a dynamic business landscape, Infosys demonstrated resilience and growth. Infosys Q2 FY25 Results IT giants reported quarterly revenue of ₹40,986 crore, representing a robust 5.1% increase compared to the same period last fiscal […]

Oct 18, 2024

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry insiders, the Big Four firms– Deloitte, PWC, EY, KPMG, and their shared services units in India are projected to hire around 1,00,000 people in FY25. Gross hiring for these companies stood at 88,000 in FY24. The Big Four accounting firms—Deloitte, PwC, EY, and KPMG—are currently on a […]

Oct 15, 2024

Industry

TCS Q2FY25 Highlights: Added 5,726 employees in second quarter

Tata Consultancy Services (TCS) announced its Q2FY25 results for the quarter ending in September earlier today. Below are key takeaways: Revenue and Profit Performance Tata Consultancy Services (TCS), India’s largest IT services provider, posted a net profit of ₹11,909 crore for the second quarter of FY 2024-25, reflecting a 5% increase from ₹11,342 crore in […]

Oct 10, 2024

Industry

IT Sector Pulse Check: TCS Starts Earnings Reports on Oct 10

Tata Consultancy Services (TCS), India’s largest IT software company, is set to kick-start the Q2 (September quarter) earnings season on October 10. On the same day, Tata Elxsi, another member of the Tata Group, will also announce its earnings for the July-September quarter. Upcoming Earnings Announcements Following TCS and Tata Elxsi, HCLTech is scheduled to […]

Oct 8, 2024

Employment

Air India Employment Surge; 9,000 New Hires in Two Years

Air India commitment to growth is evident in its hiring strategy. Over the last two years, the airline has brought onboard a staggering 9,000 employees. Among them are 5,000 crew members, reinforcing the airline’s operational capacity and service excellence. This surge in recruitment aligns with Air India’s ambitious five-year transformation plan, aptly named “Vihaan.AI” . Market Share […]

Sep 21, 2024

Employment

Tech Mahindra EX CEO, CP Gurnani on EY death case

CP GURNANI, Co-Founder of AIonOS and former CEO of Tech Mahindra, emphasizes the urgent need for organizations to move beyond mere lip service and take concrete actions to protect their most valuable asset: their people. As we understand the impact of corporate culture on employee well-being, let’s know Gurnani’s take on how companies can create […]

Sep 20, 2024

Industry

Microsoft Expands Pune Portfolio with ₹453 Crore Land Deal

In a strategic move to strengthen its presence in the Indian market, global tech giant Microsoft has invested a whopping ₹453 crore in acquiring a land parcel spread across 16.4 acres in Pune’s Hinjewadi. This significant transaction underscores Microsoft’s commitment to expanding its footprint in India, particularly in areas related to data centers and office […]

Sep 16, 2024

Industry

TCS iON Offers Free Digital Certification Course; Details Inside

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 […]

Sep 16, 2024

Industry

Generation X Leads Fintech Revolution Amidst Rising Partnerships

As the banking and financial services industry accelerates towards digitization, a new survey conducted by BFSI-focused CXO search firm Venator Search Partners reveals a compelling trend about fintech industry. Generation X (those aged 35 to 50) is poised to take the reins of leadership within finance sector companies. Simultaneously, there’s a growing consensus that bank-fintech partnerships are the […]

Sep 14, 2024

Industry

Microsoft Streamlines Xbox Division With 650 Jobs Cut

Microsoft announced a significant workforce reduction within its Xbox gaming unit. The decision to cut 650 roles comes as part of the company’s ongoing efforts to streamline operations and align its post-acquisition team structure following the blockbuster purchase of Activision Blizzard for a staggering $69 billion. Microsoft Job Cuts: The Context and The Decision Microsoft’s gaming division has been in […]

Sep 14, 2024

Hiring

Flipkart LGBTQIA+ Delivery Hub; The Road to Full Inclusion

In a significant stride toward fostering diversity and inclusivity, Indian companies are increasingly recognizing the importance of LGBTQIA+ representation within their workforce. From specialized hiring programs to inclusive policies, several organizations are championing equitable workplaces that celebrate individual diversity. Flipkart LGBTQIA+ Delivery Hub E-commerce giant Flipkart recently made history by inaugurating a delivery hub in Delhi-NCR entirely […]

Sep 14, 2024