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
Bank of Baroda Promotes Gender Parity with All-Women Branches
Industry

Bank of Baroda Promotes Gender Parity with All-Women Branches

Bank of Baroda (BoB), one of India’s leading public sector banks, has announced the launch of five all-women branches under the motto “By Women, For Women” in the states of Odisha and Jharkhand. These branches, staffed entirely by women employees, are designed to create a supportive and empowering environment for both the bank’s women employees […]

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TCS Launches a New Delivery Center in Toulouse
Industry

TCS Launches a New Delivery Center in Toulouse

Tata Consultancy Services (TCS) has opened a state-of-the-art delivery center in Toulouse, France, to support the aerospace sector and related industries such as manufacturing and defense. This new facility is equipped to utilize cutting-edge technologies, including artificial intelligence (AI), generative AI, machine learning, and data analytics. By leveraging these tools, TCS aims to provide advanced […]

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Legal Firms Expand Expertise with Non-Legal Hires
Industry

Legal Firms Expand Expertise with Non-Legal Hires

India’s legal landscape is undergoing a significant transformation as legal firms increasingly tap into diverse talent pools to meet the evolving demands of modern business and regulatory environments. This shift is driven by the rising complexity of legal issues, particularly in areas such as technology, environmental, social, and governance (ESG) compliance, and cybercrime. Legal Firms […]

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Big Four Firms Advise Reduced Work Travel, Use Public Transport
Industry

Big Four Firms Advise Reduced Work Travel, Use Public Transport

The Big Four firms Deloitte, PwC, EY, and KPMG have advised employees to reduce business travel and prioritize virtual meetings to save costs and address environmental concerns, according to a report by Money Control. Big Four firms are urging employees to limit trips, including client visits, in favor of online collaboration. For unavoidable travel, employees […]

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Zomato Enhances Employee Well-being with New Wellness Centre
Industry

Zomato Enhances Employee Well-being with New Wellness Centre

Quick commerce firm Zomato has recently established a wellness centre at its Gurugram headquarters, announced founder and CEO Deepinder Goyal. This facility is designed to provide employees and their families access to advanced therapies such as cryotherapy, red light therapy, and hyperbaric oxygen therapy. Zomato CEO’s Wellness Initiatives The wellness centre is part of Zomato’s […]

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Deloitte, PwC, EY, KPMG Outpace Global Growth for India Divisions
Editorial

Deloitte, PwC, EY, KPMG Outpace Global Growth for India Divisions

The Indian divisions of Deloitte, PwC, EY, and KPMG achieved strong revenue growth in FY24, significantly outpacing their global counterparts. Fueled by demand for consulting and technology services, their combined revenue is projected to exceed Rs 45,000 crore by FY25, according to The Economic Times. Industry estimates place their FY24 revenues between Rs 38,500 crore […]

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Tech Mahindra Q3 FY25: Headcount declined by 3,785 employees
Industry

Tech Mahindra Q3 FY25: Headcount declined by 3,785 employees

Tech Mahindra, a leading IT services firm and part of the Mahindra Group, reported its Q3 FY25 financial results with a net profit of Rs 983 crore, marking a 92.6% year-on-year (YoY) increase. However, sequentially, the net profit declined by 21.36% due to a higher base reported in the previous quarter from a one-time special […]

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Wipro Q3 FY25: Decline in Headcount and Increased Attrition
Industry

Wipro Q3 FY25: Decline in Headcount and Increased Attrition

Wipro Ltd, one of India’s leading IT services companies, reported a 24.48% year-on-year increase in its consolidated net profit for the third quarter of the fiscal year 2024-25 (Q3 FY25). The company posted a net profit of ₹3,353.8 crore, compared to ₹2,694.2 crore in the same quarter last year. Revenue from operations edged up by […]

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Infosys CEO Addresses Low Salary Hikes and Toxic Work Culture
Compensation

Infosys CEO Addresses Low Salary Hikes and Toxic Work Culture

Infosys CEO Salil Parekh recently addressed concerns over low salary hikes and toxic work culture claims during the company’s Q3 earnings call on January 16, 2025. This comes amid a raging debate over the industry-wide 90-hour workweek, sparked by remarks from Infosys co-founder Narayana Murthy and L&T Chairman SN Subrahmanyan. Infosys Low Salary Hike and […]

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Infosys Reports Strong Q3FY25 Results with Focus on Fresh Hiring
Industry

Infosys Reports Strong Q3FY25 Results with Focus on Fresh Hiring

Infosys, one of India’s leading IT services companies, announced its Q3 FY25 results on January 16, 2025. The company reported a consolidated net profit of ₹6,806 crore, marking an 11.4% year-on-year (YoY) increase. Revenue from operations stood at ₹41,764 crore, reflecting a 7.6% YoY growth. Sequentially, the profit rose by 1.9% from ₹40,986 crore in […]

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Rising Female Leaders in the Semiconductor Industry
Industry

Rising Female Leaders in the Semiconductor Industry

The semiconductor industry is witnessing a significant shift as more women take on leadership roles, reshaping the landscape of this critical sector. This change is driven by a combination of increased awareness of gender diversity, targeted initiatives by companies, and the growing recognition of the unique perspectives and skills women bring to the table. Rising […]

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HCLTech Adds 2,134 Employees in Q3FY25; Attrition on the Rise
Industry

HCLTech Adds 2,134 Employees in Q3FY25; Attrition on the Rise

On January 13, 2025, HCLTech reported robust financial results for the third quarter of FY25. The company’s revenue reached ₹29,890 crore, marking a 5.1% increase year over year (YoY) and a 3.6% increase quarter over quarter (QoQ). Net profit for the quarter stood at ₹4,591 crore, reflecting a 5.5% YoY increase and an 8.4% QoQ […]

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