News: HR News, Trends & Workplace Insights

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Updated on: Dec 2024
Intel CEO Pat Gelsinger Retires, Citing Bittersweet Departure
Movement

Intel CEO Pat Gelsinger Retires, Citing Bittersweet Departure

Intel CEO Pat Gelsinger has announced his retirement, effective December 1, 2024, after a 40-plus-year career with the company. Pat, who also stepped down from the company’s board of directors, cited a mix of pride and sadness in his departure statement. Intel CEO Pat Gelsinger: Career and Contributions Pat first joined Intel in 1979 and […]

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EPS-95 Higher Pension Update: Less Than 1% Cases Settled So Far
Editorial

EPS-95 Higher Pension Update: Less Than 1% Cases Settled So Far

Supreme Court Ruling and EPFO’s Higher Pension Rollout The Employees’ Provident Fund Organisation (EPFO) has issued approximately 16,282 pension payment orders under EPS-95 Higher Pension following the Supreme Court’s November 2022 ruling. The judgment upheld amendments to the EPS, allowing members who were part of the scheme as of September 1, 2014, to contribute 8.33% […]

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Chennai to See Major Office Space and Hiring Expansion by 2026
Survey & Report

Chennai to See Major Office Space and Hiring Expansion by 2026

Chennai is set to significantly expand its premium office space, adding approximately 12-13 million square feet between 2025 and 2026. Strong demand from corporates across various sectors and industries is driving this expansion. Chennai GCCs Expansion Currently, Chennai is home to about 250 Global Capability Centres (GCCs) that employ over 150,000 professionals, constituting about 11% […]

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Cipla Appoints Girish Verulkar as Director – Human Resources
Appointments

Cipla Appoints Girish Verulkar as Director – Human Resources

Cipla, a leading global pharmaceutical company, has appointed Girish Verulkar as Director – Human Resources. Based in Indore, Girish will oversee HR strategies and initiatives to support Cipla’s mission of “Caring for Life.” Role and Responsibilities In his new role, Girish will be responsible for overseeing HR strategies and initiatives to support Cipla’s mission. His […]

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Swiggy Bolt Expands 10-Minute Delivery to 400+ Cities
Industry

Swiggy Bolt Expands 10-Minute Delivery to 400+ Cities

Swiggy, the Bengaluru-based food delivery giant, has announced the expansion of its 10-minute food delivery service, Bolt, to over 400 cities across India. Initially launched in major metros like Bengaluru, Chennai, Hyderabad, New Delhi, Mumbai, and Pune, Bolt is now available in Tier-2 and Tier-3 cities such as Jaipur, Lucknow, Ahmedabad, Indore, Coimbatore, and Kochi. […]

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Banks Tighten Employee Verification Processes to Curb Fraud
Employment

Banks Tighten Employee Verification Processes to Curb Fraud

In response to the rising incidents of mule accounts and fraudulent bank transfers, banks and major financial services entities are significantly strengthening their systems for employee background checks. This move is driven by regulatory scrutiny and the need to prevent internal system abuses. Banks Increased Due Diligence on Field Staff According to industry insiders, banks […]

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PM Internship Scheme: Companies to Top Up Stipend for Fair Pay
Employment

PM Internship Scheme: Companies to Top Up Stipend for Fair Pay

PM Internship Scheme is an ambitious initiative launched by the Indian government to bridge the gap between academia and industry. The scheme aims to provide one crore young Indians with invaluable internship opportunities in the top 500 companies over the next five years. The initiative exposes young talent to real-world business environments, nurturing their skills […]

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Cryptocurrency Hiring to See Revival in 2025 Amid Talent War
Hiring

Cryptocurrency Hiring to See Revival in 2025 Amid Talent War

The cryptocurrency industry is poised for a significant hiring upswing in 2025, driven by regulatory clarity, global market developments, and a growing demand for skilled professionals. This revival comes amidst an intensifying talent war, as companies across various sectors vie for top tech talent to stay competitive. Cryptocurrency Regulatory Clarity and Market Boost India’s cryptocurrency […]

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Google India Files Lawsuit Against Ex-Employee in Texas
Labour Law

Google India Files Lawsuit Against Ex-Employee in Texas

Google India has initiated legal proceedings in the United States against Harshit Roy, a former employee from its Bengaluru office, for leaking confidential trade secrets related to its Pixel devices. The lawsuit, filed in Texas federal court, accuses Roy of stealing and publicly sharing proprietary information about Google’s chip designs. Details of the Case by […]

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TCS iON NQT is hiring any freshers, Deadline ends on Dec 9, 2024
Employment

TCS iON NQT is hiring any freshers, Deadline ends on Dec 9, 2024

TCS iON, a strategic unit of Tata Consultancy Services, National Qualifier Test (NQT) is an excellent opportunity for freshers and experienced candidates to showcase their skills to top corporates. This test helps candidates prove their competencies in various domains, including aptitude skills, domain-specific skills, and work values. The tests are conducted every 2-4 weeks at TCS […]

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Uber Expands Gig Workforce with Programmers & Data Labellers
Employment

Uber Expands Gig Workforce with Programmers & Data Labellers

Uber Technologies Inc. is expanding its gig workforce to include programmers and data labelers. This strategic move is part of Uber’s new division, Scaled Solutions, which aims to provide AI model training and data labeling services to both internal projects and external clients. Uber Expanding Beyond Rideshare Uber, traditionally known for its rideshare services, is […]

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EPFO Launches 3.0: Flexibility in Provident Fund Contributions
EPFO

EPFO Launches 3.0: Flexibility in Provident Fund Contributions

The Employees’ Provident Fund Organisation (EPFO) is set to introduce EPFO 3.0, a new initiative that will allow employees to increase their provident fund contributions. This move aims to enhance the retirement savings of employees and provide them with greater financial security in their post-working years. EPFO 3.0: Enhancing Retirement Savings With the introduction of […]

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