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US based IT giant, Cognizant Technology Solutions reported a decrease in its workforce during the De...
Amazon has recently announced that it is struggling to keep up with the surging demand for artificia...
Walmart Inc., the largest private employer in the United States, has announced plans to cut hundreds...
Honeywell International, one of the last remaining U.S. industrial conglomerates, has announced plans to split into three independent companies. This decision follows pressure from activist investor Elliott Management, which recently took a $5 billion stake in the company. Honeywell International Business Segments Separation The announcement comes after Honeywell’s shares underperformed the market, prompting Elliott Management […]
Infosys, one of India’s leading IT services companies, is set to release annual salary hike offers to its employees by the end of March 2025. This announcement comes as a relief to employees who have been eagerly awaiting updates on their compensation revisions. Employees have welcomed the news of the salary hikes, which come after […]
In a significant rebranding move, Zomato, the Indian food delivery giant, has announced that its board of directors has approved a proposal to change the company’s name from Zomato Limited to Eternal Limited. This decision comes as part of the company’s broader strategy to distinguish itself from its brand and app. Zomato Rebranding: Background and […]
The Depository Trust & Clearing Corporation (DTCC), a global leader in post-trade market infrastructure, has officially opened its new office in Hyderabad, marking a significant expansion of its operations in India. As part of its long-term strategy, DTCC aims to employ up to 2,000 professionals in the city, which will become a crucial hub for […]
On February 1, 2025, honorable Finance Minister Smt. Nirmala Sitharaman has presented the union budget 2025- 26. The Union Budget 2025-26 focuses on growth and inclusivity, with key measures aimed at benefiting the middle class, agriculture, MSMEs, and various sectors. Income tax relief is provided, with no tax on monthly incomes up to ₹1 lakh […]
In a landmark move, the Indian government has announced that all gig workers employed by online platforms will receive identity (ID) cards. This initiative is part of the Union Budget 2025 and aims to provide social security and healthcare benefits to approximately one crore gig workers. Gig Workers: Program Details and Healthcare Benefits Finance Minister […]
The Indian automotive sector is expected to witness significant growth in the second half of the fiscal year 2025 (H2 FY25), with a projected workforce expansion of 70%. The rising demand for electric vehicles (EVs), premium models, and high-tech connected automobiles drives this growth. The anticipated expansion will create numerous job opportunities in roles such […]
Tata Consultancy Services (TCS), India’s largest software services giant, is setting up a sprawling 37-acre campus at the Kinfra Electronics Manufacturing Cluster in Kochi. This ambitious project is expected to create around 10,000 jobs and significantly boost the local economy. TCS Expansion in Kochi: Project Details & Government Support The project, which will see an […]
Global investment firm Fidelity International has announced a significant expansion of its office space in Bengaluru, doubling its capacity to 50,000 square feet. This move is part of the company’s strategy to strengthen its presence in India and tap into the country’s skilled talent pool. Located in Manyata Tech Park, the expanded office space will […]
Aequs, a leading contract manufacturer, has announced plans to set up a Maintenance, Repair, and Overhaul (MRO) facility. They will collaborate with Canada’s Magellan Aerospace Corporation for this initiative. Additionally, Aequs aims to hire around 1,000 employees by the end of March 2026. Aequs, headquartered in Belagavi, Karnataka, is bullish on growth opportunities and is […]
Swiss banking giant UBS has announced plans to significantly expand its Global Capability Center (GCC) in Hyderabad, aiming to create an additional 1,800 jobs over the next two years. This move is part of UBS’s strategy to strengthen its finance and operations functions by leveraging the high-quality talent pool available in the city. UBS GCC […]
Amidst a challenging business environment, India Inc is ramping up its investments in learning and development (L&D) programmes. Companies are focusing on equipping employees with new-age skills such as artificial intelligence (AI), data analytics, and cybersecurity to stay competitive and resilient. India Inc Upskilling Efforts: Increased L&D Budgets Leading companies like HUL, PwC India, Mahindra […]
