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: Jul 2023

Industry

PwC India to enhance digital transformation in HR tech

Jul 15, 2023

No income tax up to Rs . lakh per annum Finance Minister

Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and sh...

Industry

Jul 15, 2023

Latest news: No income tax up to Rs . lakh per annum Finance Minister - SightsIn Plus

Wipro strengthens staffing vendors checks after TCS scam

A multinational corporation, Wipro has a stringent contract hiring process. The company will be work...

Industry

Jul 15, 2023

Latest news: Wipro strengthens staffing vendors checks after TCS scam - SightsIn Plus

After Quiet Quitting, what is Loud Quitting new workplace trend?

Thenbspworkplacenbsphas been undergoing the emergence of new trends. After the rise of mo...

Industry

Jul 15, 2023

Latest news: After Quiet Quitting, what is Loud Quitting new workplace trend? - SightsIn Plus

Industry

CBI books EPFO official, 13 Jet Airways employees: PF fraud case

The Central Bureau of Investigation (CBI) has registered an FIR against an EPFO official, and 13 ex-employees of Jet Airways in the PF claims fraud case. The FIR Copy read, “Bamne was found to be involved in various fraudulent activities. While working as Dealing Assistant in Accounts Section in Kandivli, Bamne received illegal gratification in his […]

Jul 14, 2023

Industry

Wipro Q1FY24: headcount down by 8,812 employees, attrition 17.3

Wipro Limited a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter that ended June 30, 2023. “Wipro’s first-quarter results come with a strong backbone of large deal bookings, robust client additions, and resilient margins,” said Thierry Delaporte, CEO and Managing Director. “Despite a gradual reduction in […]

Jul 14, 2023

Industry

TCS rolls out annual pay hikes, and promotions; effective from April

India’s largest IT services provider firm, Tata Consultancy Services (TCS) has announced a salary hike for its employees, despite the 200-bps impact on the company’s operating margin. TCS CFO Samir Seksaria said, “The annual pay hikes effective from April 1, would result in a 200-basis-point hit on the operating margin, which currently stands at 23.2%.” The […]

Jul 13, 2023

Industry

Policybazaar employees win houses, cars as new R&R initiative

Policybazaar last week concluded Season 3 of Jeeto Apna Ghar (JAG), an award-winning employee-focused initiative. The company said that across three successful seasons, policybazaar’s Jeeto Apna Ghar contest has 23 houses and 8 cars given out till date – prize money of over 25 Cr. Amid overwhelmingly positive employee feedback, Policybazaar last week concluded Season […]

Jul 13, 2023

Industry

Deloitte, PwC, IBM set up offices in India’s smaller cities

The major firms including Deloitte, PwC, and IBM are stepping up investments in new Indian facilities away from bigger cities as global demand for cheaper back office operations. As per report, Ernst & Young in June said it expects multinationals to set up “global capability centres” for all types of industries in tier-2 cities such […]

Jul 13, 2023

Industry

Wipro to invest $1 Billion in AI & train all 250,000 employees on AI

Wipro Limited, a leading technology services and consulting company, announced the launch of Wipro ai360, a comprehensive, AI-first innovation ecosystem that builds on Wipro’s decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients. Along with the launch of Wipro ai360, […]

Jul 13, 2023

Industry

IT Union urges Labour Ministry to intervene as TCS defers joining

An IT employees union, Nascent Information Technology Employees Senate (NITES) has written a letter to the Labour Minister urging them to take action as Tata Consultancy Services (TCS) reportedly delayed the onboarding of several lateral hires. NITES has asked the Minister for Labour and Employment Bhupender Yadav to intervene in the matter. According to reports, […]

Jul 12, 2023

Industry

SBI 12000 employees’ sensitive data leaked on Telegram channels

The data leak cases have increased in India. Now, an Indian multinational public sector bank and financial services statutory body, The State Bank of India (SBI) 12000 employees’ sensitive data has been leaked on Telegram channels. What is sensitive data leaked at SBI? Not only this, it is also claimed that the threat actor has […]

Jul 12, 2023

Industry

TCS delays the onboarding of 200 lateral recruits for 3-4 months

An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) has delayed the onboarding of over 200 lateral hires for at least three to four months. Additionally, the delay in onboarding included cities like Bangalore, Pune, Kochi, Bhubaneswar, Delhi NCR, and Indore. The hiring was conducted in January and April. According to Money Control, […]

Jul 11, 2023

Industry

More than one-third of Axis Bank employees left in FY23

Axis Bank has released its Axis Bank FY2023 Annual Report “Open to win together” stating Axis Bank’s well-being policy has focused on the rounded wellness of its employees in the personal, social, and professional spheres of everyday life. The professional counselors on board offer confident and unconditional support to employees and their immediate families on […]

Jul 11, 2023

Industry

TCS iON offers a 15-day free digital certification program

India’s biggest IT company Tata Consultancy Services (TCS) has announced a free 15 days online course “TCS iON Career Edge’ for young professionals. According to the company, this 15-day course will help job seekers to improve their core employability skills such as communication, collaboration, business etiquette, financial and digital literacy, etc. TCS iON Career Edge – Young Professional is […]

Jul 11, 2023

Industry

TCS, HCL Tech, Wipro, and others to announce Q1FY24 this week

On July 12, TCS and HCLTech will announce their results for the First Quarter of FY 2024, which ended June 30. Wipro will announce its first quarter results for FY2024 on July 13, 2023. However, according to an exchange filing by the company, Infosys will announce its Q1Fy24 results on July 20. Some other companies, […]

Jul 10, 2023