Explore the latest Industry news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
In fiscal year , salary hikes within the broad telecom sector have tapered down to an average of...
The software industry is on the cusp of a transformative shift as generative AI Gen AI gains promi...
Are you looking to boost your career prospects in the ever-evolving digital landscape? Look no furth...
The world of work is evolving, and women are at the forefront of this transformation. From breaking barriers to driving economic growth, they’ve made their mark. But challenges persist. Let’s explore recent policies and initiatives shaping the future for women in the workforce. The Union Budget 2024-25 was unveiled on July 23, 2024. In her […]
Finance Minister Nirmala Sitharaman presented her record seventh consecutive Union Budget 2024-25 today, July 23, during the Budget Session of Parliament, focusing on economic growth, fiscal stability, and development initiatives. The Budget 2024-25 holds promises and significance for HR leaders in many ways as organizations are grappling with work dynamics, talent management, and technological disruptions. […]
Larsen and Toubro group company, LTIMindtree, a prominent player in IT services, has recently announced its financial performance for the first quarter of fiscal year 2025. Here are the key highlights: Workforce Metrics In Q1FY25, the company’s headcount fell to 81,934 from 82,738 in Q1FY24 but rose from 81,650 in Q4FY24, reflecting adjustments amid an […]
The IT industry, a dynamic and ever-evolving sector, faced challenges in hiring in the last financial year. However, Q1FY25 Results have witnessed significant developments in the IT sector. TCS and Wipro have added a significant number of employees in Q1FY25. However, Infosys and HCLTech reported a reduction in employees in the first quarter. Total Headcount […]
Recently, Larsen & Toubro (L&T) Chief Financial Officer R Shankar Raman said that the engineering major has increased its workforce by 10 percent in the past year, adding close to 8,000 people in 2023-24, and plans to keep expanding its workforce till 2025-26. Between December 2022 and 2023, L&T increased its workforce in the main […]
Wipro Limited, a leading technology services and consulting company, has released its financial results for the first quarter of FY2025. Despite industry challenges, Wipro’s performance reflects both resilience and strategic adjustments. Wipro Q1 FY2024 Highlights Wipro’s Q1 FY2024 revenue reached ₹22,310 crore, showing growth from the same period last year. The company reported a profit […]
HCL Technologies (HCLTech), India’s third-largest software exporter, is rolling out a new policy that directly links employee leaves to their attendance in the office. As companies seek to bring employees back to the campus after the pandemic, HCLTech’s move aims to implement a three-day work-from-office model. Let’s dive into the specifics of this policy and […]
India’s second-largest IT services giant Infosys today announced its first quarter results for the financial year 2024-25. Infosys reported a consolidated Profit After Tax (PAT) of Rs 6,368 crore for the quarter ending June 30, 2024, marking a 7.1% increase from Rs 5,945 crore in the same period last year. The company’s revenue from operations […]
Signify, the world’s leading lighting company, has inaugurated its state-of-the-art Global Digital Centre in Bhartiya City, Thanisandra, Bengaluru. This strategic move testifies Signify’s commitment to digital transformation, innovation, and sustainability. Signify Global Digital Centre: Key Highlights The Global Digital Centre, part of Signify’s Innovation Labs (SIL), is designed to foster creativity and collaboration. With a […]
India’s financial services sector is facing a significant challenge – there are no takers for nearly 18 lakh jobs created last year. Krishan Mishra, CEO of the Financial Planning Standards Board (FPSB) India, highlighted this issue, shedding light on the unmet demand for skilled professionals in the industry. The Data Revealed Also Watch: How GenAI Transforms Hiring […]
Tata Consultancy Services (TCS), India’s largest IT services firm, is treading cautiously in the face of economic uncertainty. While expressing confidence in future growth, TCS CEO K Krithivasan acknowledges that challenges persist. In a recent interview, Krithivasan highlighted “It would not be appropriate to say that the worst is behind us,” Krithivasan remarked.” We do […]
In a recent interview, C. Vijayakumar, Chief Executive Officer (CEO) and Managing Director (MD) of HCLTech, clarified the company’s stance on variable pay and attendance. Despite India’s third-largest IT services company asking employees to report to the office thrice a week or face disciplinary action, HCLTech has no intention of linking variable pay to attendance. HCLTech’s CEO […]
