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: Sep 2024
Chevron, an American MNC to invest in India and create 600 jobs
Industry

Chevron, an American MNC to invest in India and create 600 jobs

Recently, Chevron Global Technology and Services Private Limited announced plans to invest Rs. 8,300 crores in Bengaluru, to recruit 600 engineers by 2025, marking its largest technology center outside the United States. Chevron is seeking to recruit top-tier talent with specialized skills to support projects across Chevron’s enterprise, encompassing both engineering and digital services. The […]

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Cognizant to Sell Historic Chennai Headquarters Property
Industry

Cognizant to Sell Historic Chennai Headquarters Property

According to TOI report, Cognizant is planning to sell its prime property in Chennai, which has served as its India headquarters for over two decades. The property, a 15-acre land parcel with a four lakh sq ft office space, is situated on Chennai’s IT Corridor at Okkiyam Thoraipakkam on Old Mahabalipuram Road (OMR). The international […]

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Vistara Takes Its Final Bow; Merging Wings with Air India
Industry

Vistara Takes Its Final Bow; Merging Wings with Air India

The aviation industry in India is set for a significant transformation as Vistara, the full-service airline, prepares to operate its last independent flight on November 11, 2024. Following this farewell flight, Vistara will merge its operations seamlessly with Air India, creating a unified force in the skies. Let’s understand the details of this strategic move and its impact […]

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Banks Boost Tech Hiring as RBI Prioritizes Risk Management
Employment

Banks Boost Tech Hiring as RBI Prioritizes Risk Management

In response to the Reserve Bank of India’s (RBI) unwavering focus on financial sector stability, Indian banks are ramping up their technology capabilities. The surge in tech hiring comes as cybersecurity concerns and the adoption of AI-driven services take center stage in the banking industry. RBI’s Emphasis on Risk Management RBI has expressed concerns about […]

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JETRO Mission; Japanese Firms Seek Indian Talent
Employment

JETRO Mission; Japanese Firms Seek Indian Talent

In a harmonious blend of global aspirations and local talent, the Japan External Trade Organisation (JETRO) orchestrated an enlightening event in Bengaluru—the heart of India’s tech hub. University Connect, as it was aptly named, aimed to bridge the gap between Japanese businesses hungry for Indian expertise and Karnataka’s esteemed colleges. The result was a promising […]

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Small Enterprises, Big Impact; MSME Shape India’s Destiny
Industry

Small Enterprises, Big Impact; MSME Shape India’s Destiny

In a resounding affirmation of their significance, Micro, Small, and Medium Enterprises (MSME) have emerged as the unsung heroes of India’s economic sphere. Union Commerce and Industry Minister, Piyush Goyal, recently underscored their pivotal role in nation building. Let’s delve into the details of how MSMEs contribute to our country’s growth and prosperity. The Power […]

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The Future of Work at Infosys: How Gen AI is Changing the Game
Industry

The Future of Work at Infosys: How Gen AI is Changing the Game

Infosys, a global leader in technology services and consulting, is at the forefront of leveraging Gen AI to transform its operations and empower its employees. Emerging technologies like automation and GenAI have reshaped the technology industry, phasing out certain jobs and raising concerns about unemployment. However, they also generate new roles demanding specialized skills, which […]

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400 Million Women Needed for a $14 Trillion Boost; Reports
Industry

400 Million Women Needed for a $14 Trillion Boost; Reports

India, a nation with ambitious economic goals, faces a pressing challenge: boosting women workforce participation. According to a recent report by The/Nudge Institute, India must urgently address this issue to unlock a staggering $14 trillion contribution to its economy. Kanishka Chatterjee, Director & Head of The/Nudge Prize, emphasised the urgency of this challenge. “India’s demographic […]

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How TCS Empowering Its Employees with Innovation and Growth
Employee Engagement

How TCS Empowering Its Employees with Innovation and Growth

Tata Consultancy Services (TCS) has consistently demonstrated its commitment to empowering its employees and fostering a culture of innovation, growth, and professional development. Here’s a glimpse into how TCS is empowering its workforce: 1. Fostering a Culture of Continuous Learning at TCS TCS prioritizes employee development through a wide range of learning and development programs. […]

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Infosys Q1 Triumph; Employees Celebrate 80% Bonus Bonanza
Compensation

Infosys Q1 Triumph; Employees Celebrate 80% Bonus Bonanza

In a move that has uplifted the spirits of its workforce, Infosys—the renowned IT services firm—has initiated performance bonus pay-outs for eligible employees in the fiscal year 2024-25. The average bonus stands at an impressive 80% for the first quarter ending June. This substantial increase from the previous quarter’s 60% bonus reflects Infosys’s commitment to […]

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Debate Over TCS ₹7.5 LPA Package for CA Role, is it enough?
Compensation

Debate Over TCS ₹7.5 LPA Package for CA Role, is it enough?

Tata Consultancy Services (TCS) has extended job offers to newly qualified Chartered Accountants (CAs) with a total cost-to-company (CTC) of ₹7.5 lakhs per annum. This recent development has ignited discussions across professional circles. However, this seemingly modest compensation package has raised eyebrows and prompted intense debate within the CA community. The Offer Details TCS, a […]

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Former Tech Mahindra Executive Jagdish Launches Humanize
Industry

Former Tech Mahindra Executive Jagdish Launches Humanize

On August 21, 2024, Jagdish Mitra, the former India business head of Tech Mahindra, made waves in the tech industry by launching Humanize—a generative AI IP-powered Software-as-a-Service (SaaS) startup. Just four months after bidding adieu to the IT services giant, Jagdish embarked on an entrepreneurial journey that promises to revolutionize how businesses leverage artificial intelligence. […]

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