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Callus Company, a South Korean startup focused on connecting young talent to global markets, has ann...
Gautam Adani, Chairman of the Adani Group, announced a massive investment of billion in US energ...
Swiggy, Indias leading food-tech company, has made headlines with its recent Initial Public O...
Amazon has confirmed that a massive data breach has compromised employee information, marking the largest cyberattack of 2023. The breach, which occurred in May 2023, involved data stolen from a third-party vendor and has affected millions of employees worldwide. The MOVEit Breach and Response from Amazon The cyberattack exploited a zero-day vulnerability in the MOVEit […]
Tata Consultancy Services (TCS) has announced a reduction in the variable pay of its senior staff for the July-September quarter due to a challenging demand environment and economic uncertainties. This decision comes as the company navigates through a period of slower growth and market volatility. TCS Variable Pay Reduction Details TCS has linked the variable […]
SAP, the German software giant, has revealed plans to significantly increase its investments and hiring in India. CEO Christian Klein announced that the company will focus on leveraging India’s engineering talent and digitization efforts, aiming for “overproportional growth” in the country. Hiring Trends: Strategic Focus on India India is among the fastest-growing markets for SAP, […]
Apple has announced that its employee count has reached 164,000 full-time employees worldwide as of late September 2024. This marks a significant increase from the 161,000 employees reported in 2023, bringing the company’s workforce back to the same level as in 2022. Despite facing several rounds of smaller-scale layoffs throughout the year, Apple has managed […]
Akasa Air, India’s fastest growing airline, has significantly expanded its workforce in the financial year 2023-24 (FY24), hiring 1,400 new employees and increasing its total workforce to 3,800. This rapid expansion is part of the airline’s strategy to strengthen its operations and support its growing network. Akasa Air Rapid Growth and Expansion Since its inception […]
After a prolonged seven-week strike, Boeing workers have voted to accept a new contract offer, bringing an end to the work stoppage that had halted production of most of the company’s passenger planes. The decision to accept the contract was made by the International Association of Machinists and Aerospace Workers (IAM), which represents 33,000 Boeing […]
Microsoft employees have expressed significant dissatisfaction with the recent update to the company’s Copilot AI assistant, led by new AI head Mustafa Suleyman. The update, which was released on October 1, 2024, aimed to transform Copilot into a more conversational AI companion, but has faced criticism for being less functional compared to its previous version. […]
Tata Trusts, the philanthropic organization at the heart of the Tata Group, is undergoing a significant internal restructuring exercise. The move aims to streamline operational and management expenses, enhance efficiency, and focus on core philanthropic missions. Streamlining Roles As part of the overhaul, Tata Trusts is eliminating the roles of Chief Financial Officer (CFO) and […]
Based on the recent second-quarter Q2FY25 results released by Indian IT Industry like TCS, Infosys, HCLTech, Wipro, Tech Mahindra, LTIMindtree, etc., the industry is showcasing strong signs of revival compared to previous quarters. Here’s a breakdown of the key indicators: 1. Total Headcounts: Increase in Hiring The recent headcount figures from the second-quarter results of […]
India’s renewable energy sector is experiencing unprecedented growth, driven by ambitious targets to increase non-fossil energy production capacity to 500 GW by 2030 and achieve net-zero emissions by 2070. However, this rapid expansion has brought to light a significant challenge: a severe talent crunch. Major corporations such as Tata Power, Adani Green Energy, Reliance, and […]
Tata Consultancy Services (TCS), one of the largest IT services companies, has recently deferred the onboarding of lateral hires from October 2024 to January 2025. This decision was communicated to candidates just days before their scheduled joining dates. Several prospective hires took to platforms like LinkedIn and FishBowl to share their experiences and express their […]
LTIMindtree, a global technology consulting and digital solutions company, has announced its consolidated financial results for the second quarter of fiscal year 2025 (Q2FY25). The company reported robust growth across various metrics, reflecting its strong market position and strategic initiatives. In this report, we understand the key highlights of LTIMindtree’s Q2FY25 performance. LTIMindtree Q2FY25 Results: […]
