News: HR News, Trends & Workplace Insights

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Updated on: Mar 2025
Nationwide Bank Employee Strike Postponed Following Conciliation Talks
Strike

Nationwide Bank Employee Strike Postponed Following Conciliation Talks

The proposed two-day nationwide strike by bank employees, scheduled for March 24 and 25, has been postponed by one to two months. This decision comes after a series of conciliation meetings between the United Forum of Bank Unions (UFBU), the Indian Banks’ Association (IBA), and the Department of Financial Services (DFS). The strike, which was […]

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New SEBI Rules to Clarify ESOP Benefits for Promoters
Labour Law

New SEBI Rules to Clarify ESOP Benefits for Promoters

Securities and Exchange Board of India (SEBI) has released a consultation paper proposing significant amendments to the rules governing Employee Stock Options (ESOPs) for promoters and the minimum holding period for equity shares in Offer for Sale (OFS). These proposals aim to streamline public issue norms and address ambiguities in existing regulations. They also focus […]

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SBI Paid Internship 2025: Youth for India Fellowship Programme
Employment

SBI Paid Internship 2025: Youth for India Fellowship Programme

The State Bank of India (SBI) is inviting applications for its Youth for India Fellowship Programme 2025-26. A 13-month paid internship designed to provide hands-on experience in key areas such as education, healthcare, and rural development. Eligibility Criteria Internship Benefits Selected candidates will receive: ✅ Monthly stipend of ₹16,000✅ Project funding and travel allowance✅ Readjustment […]

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Calcutta High Court Upholds Employee Rights Against Employer Errors
Labour Law

Calcutta High Court Upholds Employee Rights Against Employer Errors

Calcutta High Court has ruled that the ‘No Work No Pay’ principle cannot be applied in cases where the employer is at fault. The decision came in response to a petition filed by a retired employee of the Kolkata Municipal Corporation (KMC), who was denied arrears based on this principle. The court’s ruling underscores the […]

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L&T Elevates Subramanian Sarma to Deputy MD and President
Appointments

L&T Elevates Subramanian Sarma to Deputy MD and President

Larsen & Toubro (L&T), a leading engineering and construction conglomerate, has announced the promotion of Subramanian Sarma to the position of Deputy Managing Director and President. Effective April 2, 2025, this elevation marks a significant milestone in Subramanian’s illustrious career and underscores L&T’s commitment to strengthening its leadership team. Subramanian, who has been a member […]

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Ghazal Alagh Introduces the 85% Rule for Sustainable Productivity
Social Media

Ghazal Alagh Introduces the 85% Rule for Sustainable Productivity

Ghazal Alagh, the co-founder of Mamaearth, has introduced a refreshing perspective on productivity and work-life balance with her “85% Rule.” In a recent LinkedIn post, Ghazal shared her insights on why striving for 100% productivity every day may not be sustainable or effective. Instead, she advocates for a balanced approach that prioritizes focused effort and […]

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Deutsche Bank Restructures Retail Division with 2,000 Job Cuts
Layoffs

Deutsche Bank Restructures Retail Division with 2,000 Job Cuts

Deutsche Bank, Germany’s largest financial institution, has announced plans to eliminate 2,000 jobs in its retail banking division as part of a broader cost-cutting strategy. This decision comes amid declining profitability in the retail sector and is aimed at streamlining operations to achieve financial targets. The move is part of the bank’s ongoing restructuring efforts […]

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Unified Pension Scheme Exclusively for CG Employees: Key Highlights
EPFO

Unified Pension Scheme Exclusively for CG Employees: Key Highlights

Government of India has introduced the Unified Pension Scheme (UPS), a significant step aimed at providing financial stability and security to Central Government (CG) employees post-retirement. Managed by the Pension Fund Regulatory and Development Authority (PFRDA), the scheme is set to roll out on April 1, 2025. This initiative combines features of the Old Pension […]

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Renewable Energy Hiring in India to Rise 18% in FY25, Study Reveals
Hiring

Renewable Energy Hiring in India to Rise 18% in FY25, Study Reveals

India’s renewable energy sector is set to witness a significant surge in hiring during FY25, as demand for skilled professionals continues to rise. According to a comprehensive study conducted by TeamLease Services, a leading staffing and workforce solutions provider, employment in the renewable energy industry is projected to grow by 18.9% in FY25. This follows […]

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Hiring on Fire: EPFO Data Shows Massive Growth in Workforce Participation
EPFO

Hiring on Fire: EPFO Data Shows Massive Growth in Workforce Participation

The Employees’ Provident Fund Organization (EPFO) has released provisional payroll data for January 2025, showing a net addition of 17.89 lakh members. This marks an 11.48% increase compared to December 2024. Year-over-year, net payroll additions grew by 11.67% compared to January 2024. It is indicating more job opportunities and better awareness of employee benefits, supported […]

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Accenture Q2FY25 Results: Key Highlights, HR & Hiring Trends
Employment

Accenture Q2FY25 Results: Key Highlights, HR & Hiring Trends

Yesterday on March 20, 2025, Accenture announced its second quarter results for the financial year 2025. The company has increased the lower end of its annual revenue forecast, reflecting growing demand for AI-driven solutions. The company’s ability to support clients in integrating AI tools, managing cloud migration, and strengthening data security has fueled its growth. […]

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McDonald’s to Open India Office and GCC in Hyderabad, Creating 2,000 Jobs
Hiring

McDonald’s to Open India Office and GCC in Hyderabad, Creating 2,000 Jobs

McDonald’s, the global fast-food giant, has announced its decision to set up its India office and a Global Capability Centre (GCC) in Hyderabad. This initiative is expected to create an initial headcount of 2,000 employees, marking a significant investment in the region. The announcement was made following a meeting between McDonald’s Chairman and CEO Chris […]

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