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Reliance Industries rolls back salary cuts, announces performance bonus According to an ET report, R...
India economy on verge of slow recovery as worst is over New Delhi, Oct PTInbspIndustry body ...
Capgemini India launches Tech Challenge Capgemini in India has announced the launch of Tech Cha...
Govt fixes calculation ceiling for non-productivity linked bonus at Rs 7,000 The finance ministry has fixed the calculation ceiling for computing non-productivity linked bonus (ad hoc bonus) for central government employees at Rs 7,000, implying that an employee will be entitled to a maximum bonus of Rs 6,908. “The quantum of Non-PLB will be worked […]
Government of India graded relaxation in visa and travel restrictions In view of the situation arising out of the COVID-19 pandemic, the Government of India had taken a series of steps to curtail the inward and outward movement of international passengers since February 2020. The Government has now decided to make a graded relaxation in […]
Wipro, SAP collaborate to deliver SAP Enable Now to provide a unique learning experience Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it has entered into an agreement with SAP to deliver SAP Enable Now. This custom enablement platform by SAP will help organizations adapt faster to […]
Union Cabinet approves bonus for 30 lakh central government employees On Wednesday, at a meeting, chaired by Prime Minister Narendra Modi, approval was given for Productivity Linked Bonus or PLB for the year 2019-2020. Union Cabinet approved Rs 3,737 crore bonus for 30.67 lakh, central government employees, to meet their expenses during the festival season. The […]
TCS launches workforce analytics solution Tata Consultancy Services on Monday announced the launch of TCS Workforce Analytics, an artificial intelligence-based system. The solution is designed to help enterprise deal with talent management challenges of the digital era, TCS said in a statement. It uses machine learning, natural language processing and a patented cognitive engine developed […]
Hiring goes aloft at IT companies, Tech demand improves According to a recent ET report, Top IT services provider companies – TCS, Infosys, Wipro, and HCL Technologies – upped the recruitment in the second quarter, ending on 30th September, adding over 17,000 employees. TCS has recruited 9,864 people Infosys has recruited 975 people HCL has […]
US judge lifts Trump ban on H1B visa, L1 visa and J1 visa The Trump US visa ban of June 22 has been partially lifted by a district judge, which should allow US visa processing to re-commence for many migrants. Many sectors rely on H1B visa, L1 visa, and J1 visa holders for employment positions, hence the latest ruling will be of great benefit […]
Ola to set up new tech centre in Pune, hire 1,000 engineers Ride-hailing platform Ola plans to set up a new technology centre in Pune and hire about 1,000 engineers over the next few years. According to sources close to the development, the tech centre in Pune will be the second such centre for the […]
Deloitte to shut four UK offices as COVID-19 entrenches remote working Global accounting and consulting firm Deloitte will close four of its 50 British offices as it reviews its real estate portfolio in the coronavirus pandemic but will retain the staff on work-from-home contracts, it said on Saturday. COVID-19 has changed working life for millions […]
ESIC extends deadline till June 30, 2021, to avail the Unemployment Benefit As announced earlier, under an ESIC scheme, Unemployment Benefit, the government had relaxed eligibility norms to offer almost 4 million industrial workers 50% of their three months’ average salary as unemployment benefit due to the job loss or possible job loss between 24 […]
Government announces Rs 10,000 interest-free festival advance to employees The government on Monday announced a one-time Rs 10,000 interest-free festival advance to all its officers and employees as part of plans to increase consumer spending to spur demand in the economy. At a press conference, Finance Minister Nirmala Sitharaman said festival advance was discontinued from […]
Mindtree announces salary hike, effective January 1, 2021 Larsen & Toubro (L&T) -owned, IT services firm, Mindtree has announced the salary hike for employees effective January 1, 2021. Mindtree had 21,827 employees at the end of the September quarter. Mindtree CEO & MD Debashis Chatterjee said, “the company completed its promotion cycle in the second quarter, and […]
