News: HR News, Trends & Workplace Insights

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Updated on: Jul 2025
TCS Pays 100% Variable Bonus to 70% of Staff
Compensation

TCS Pays 100% Variable Bonus to 70% of Staff

Tata Consultancy Services (TCS), India’s largest IT services firm, has announced a 100% payout of Quarterly Variable Allowance (QVA) to over 70% of its workforce for the April–June quarter (Q1 FY26). This marks the second consecutive quarter of full QVA disbursement, reinforcing the company’s commitment to employee recognition despite a challenging macroeconomic environment. According to […]

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HCLTech Prioritizes GenAI Talent as Headcount Slides in Q1
Industry

HCLTech Prioritizes GenAI Talent as Headcount Slides in Q1

HCLTech reported its Q1 FY26 results with mixed signals. The company posted a consolidated net profit of ₹3,843 crore, marking a 9.7% decline YoY from ₹4,257 crore in Q1 FY25, and a 10.7% drop QoQ from ₹4,307 crore in Q4 FY25. The decline was attributed to lower utilization, client-specific ramp-downs, and a one-time impact from […]

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Goldman Sachs Onboards AI Engineer Devin for Tech Roles
Employment

Goldman Sachs Onboards AI Engineer Devin for Tech Roles

Goldman Sachs has officially deployed Devin, the world’s first fully autonomous AI software engineer, developed by Cognition Labs. The bank’s Chief Information Officer Marco Argenti confirmed that Devin will begin working “on behalf of our developers,” executing routine coding tasks and automating legacy system updates. Initially, Goldman plans to deploy hundreds of Devins, with the […]

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Torrent Pharma Appoints Manish Kainth as CHRO
Appointments

Torrent Pharma Appoints Manish Kainth as CHRO

Torrent Pharma, one of India’s leading pharmaceutical companies, has appointed Manish Kainth as its Chief Human Resources Officer (CHRO). The move comes at a pivotal time as Torrent Pharma continues its global expansion and deepens its focus on building a future-ready workforce. Manish brings over two decades of HR leadership experience across diverse industries including […]

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Sun Pharma to Invest ₹3,800 Crore in MP, Create 2,000 Jobs
Hiring

Sun Pharma to Invest ₹3,800 Crore in MP, Create 2,000 Jobs

Sun Pharmaceutical Industries Ltd. (Sun Pharma), India’s largest drug manufacturer, has announced an investment of ₹3,800 crore in the state. The move will generate over 2,000 direct and indirect jobs, reinforcing the state’s emergence as a preferred destination for pharma and biotech investments. The announcement was made during the Madhya Pradesh Global Investors Summit (MP-GIS), […]

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Sahar Khan Joins Amplifon as India Head of Human Resources
Appointments

Sahar Khan Joins Amplifon as India Head of Human Resources

Amplifon, the global leader in hearing care retail, has appointed Sahar Khan as India Head of Human Resources. With over 14 years of cross-industry HR experience, Sahar steps into a strategic leadership role aimed at strengthening Amplifon’s people operations, culture transformation, and organizational development across its India footprint. Her appointment reflects Amplifon’s commitment to building […]

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Microsoft Offers Paid Internship Opportunities in India
Employment

Microsoft Offers Paid Internship Opportunities in India

Microsoft is inviting applications for its Software Engineer Internship in India. This transformative opportunity offers students and early-career professionals the chance to gain real-world experience at one of the world’s leading technology companies. This internship is a part of Microsoft’s Early in Profession experience — a dynamic program designed to empower dreamers, doers, and developers […]

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ADM Appoints Daleep Sharma as HR Lead for India Hub
Appointments

ADM Appoints Daleep Sharma as HR Lead for India Hub

ADM, a global leader in nutrition and agricultural origination, has appointed Daleep Sharma as HR Lead for its India Hub. Daleep brings with him a wealth of experience in human resources, organizational development, and industrial relations, having previously held senior HR roles in leading Indian and multinational corporations. His appointment is expected to play a […]

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Flipkart Rewards Staff with $50M Stock Buyback, Eyes 2026 IPO
Industry

Flipkart Rewards Staff with $50M Stock Buyback, Eyes 2026 IPO

Flipkart has launched a $50 million employee stock buyback program, potentially benefiting 7,000 to 7,500 staff members. The announcement comes as the Walmart-backed e-commerce giant gears up for a potential IPO filing in 2026, and prepares for its flagship Big Billion Days sale later this year. The buyback will allow eligible employees to liquidate up […]

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TCS to Retain Talent, Go Slow on Hiring as Wage Hikes Loom
Compensation

TCS to Retain Talent, Go Slow on Hiring as Wage Hikes Loom

Tata Consultancy Services (TCS), India’s largest IT services firm, has reaffirmed its commitment to delivering wage hikes for its 600,000+ employees, despite macroeconomic headwinds and margin pressures. Speaking after the release of the Q1 FY26 results, Chief Financial Officer Samir Seksaria emphasized that employee compensation remains a top priority, stating, “My priority is getting back […]

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DRDO Paid Internship for UG/PG Students: Apply by July 14
Employment

DRDO Paid Internship for UG/PG Students: Apply by July 14

The Defence Research and Development Organisation (DRDO) is inviting applications for its prestigious paid internship program at the Defence Research and Development Laboratory (DRDL), Hyderabad. DRDO has officially opened its doors to undergraduate and postgraduate students pursuing Engineering and Science programs. The application deadline is July 14, 2024, and the opportunity is available to Indian […]

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RealSense by Intel Goes Solo: Robotics, AI, and a New CEO
Industry

RealSense by Intel Goes Solo: Robotics, AI, and a New CEO

Intel Corporation has officially spun off its AI-powered robotics and biometric division into a standalone company named RealSense. The announcement follows 500 job cuts, affecting 15–20% of Intel’s factory workforce, as the chipmaker restructures to regain footing in the competitive AI landscape. Nadav Orbach, formerly Intel’s VP for incubation and disruptive innovation, will lead RealSense […]

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