News: HR News, Trends & Workplace Insights

Explore the latest News news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jun 2024
Wipro Launches Lab45 AI Platform to Enhance Business Efficiency
Industry

Wipro Launches Lab45 AI Platform to Enhance Business Efficiency

Wipro, a leading technology services and consulting company, has announced the launch of the Lab45 Artificial Intelligence (AI) Platform, which leverages Generative AI (GenAI) machine learning (ML), and deep learning technologies to enable companies to realize enhanced efficiencies, transform business functions, and enable industry-specific solutions. Lab45 is Wipro’s Innovation Lab and the Lab45 AI platform is available to all […]

Read Story
Daimler India Commercial Vehicles appoints new Chief of Operations & Logistics
Appointments

Daimler India Commercial Vehicles appoints new Chief of Operations & Logistics

Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG (“Daimler Truck”) names Muthumaruthachalam C as President and Chief of Operations & Logistics. His appointment will be effective August 15, 2024. He replaces the former Chief Operating Officer Anshum Jain who moved on from the organisation in April 2024. Muthumaruthachalam began his […]

Read Story
Wipro gives over 85% variable pay to employees for Q4FY24
Industry

Wipro gives over 85% variable pay to employees for Q4FY24

For the fourth quarter of FY24, an Indian multinational corporation that provides information technology, consultant, and business process services, Wipro paid its employees an average variable pay exceeding 85%. The determination of this variable payout hinges on three key performance indicators: the company’s quarterly revenue, gross margin, and the total contract value. This structure ensures […]

Read Story
Infosys in India invites job applications for 1500+ roles, Apply!
Hiring

Infosys in India invites job applications for 1500+ roles, Apply!

Infosys, a leading global consulting and IT services firm, inviting job applications for over 1500 roles in India. This significant hiring initiative spans various domains and levels within the organization. With a focus on bolstering its workforce, Infosys is seeking talented individuals to join its dynamic team. The roles encompass a wide range of skill […]

Read Story
Karnataka Bank appoints ex-HDFC Niranjan Kumar as CHRO
CHRO Move

Karnataka Bank appoints ex-HDFC Niranjan Kumar as CHRO

As per the exchange filing, an Indian private sector bank, Karnataka Bank has appointed Niranjan Kumar as Chief Human Resource Officer (CHRO) with effect from 10.06.2024. Niranjan Kumar is a qualified HR professional with over 23 years of HR & IR experience and is adept at strategic HR planning, talent management, and organizational design, with […]

Read Story
DXC Technology is hiring for over 800 jobs in India, explore here
Hiring

DXC Technology is hiring for over 800 jobs in India, explore here

DXC Technology, a leading global provider of IT services and solutions is hiring over 800 professionals across various domains in India. This extensive recruitment drive comes as part of the company’s strategic expansion initiative aimed at meeting the evolving needs of its clientele and further solidifying its presence in the region. With the increasing demand […]

Read Story
Employers are cautious in their hiring intent in Q3, yet positive
Survey & Report

Employers are cautious in their hiring intent in Q3, yet positive

Strong staffing climates are predicted in India from June to September 2024 with a Net Employment Outlook (NEO) of +30% points. The survey, gathering data from 3150 employers depicted Financial and Real Estate industries as forerunners in creating employment followed by Healthcare and Life Sciences. However, compared to the last and third quarters of 2023, […]

Read Story
Ashish Kakkar joins Polycab India as CHRO & Executive President
CHRO Move

Ashish Kakkar joins Polycab India as CHRO & Executive President

India’s leading electrical solutions provider, Polycab India has appointed Ashish Kakkar as Chief Human Resource Officer & Executive President. He is a passionate HR leader with expertise in business partnering, change management, leadership development, and operational excellence. Prior to Polycab India, Ashish Kakkar was associated with ICICI Home Finance Company Limited as Chief Human Resource officer. […]

Read Story
How Google uses OKRs to achieve remarkable results
Industry

How Google uses OKRs to achieve remarkable results

Google’s success in achieving remarkable results can be attributed significantly to its use of Objectives and Key Results (OKRs). This goal-setting framework, introduced by Andy Grove at Intel and later adopted by Google, helps organizations define and track objectives and their outcomes. Google’s approach to OKRs (Objectives and Key Results) has become a popular framework […]

Read Story
Gland Pharma gets Srinivas Sadu as Executive Chairman and CEO
C-Suite Move

Gland Pharma gets Srinivas Sadu as Executive Chairman and CEO

Gland Pharma announced on Friday that Srinivas Sadu has been appointed as executive chairman and chief executive officer (CEO), effective 10 June 2024. Srinivas Sadu, a seasoned professional with over two decades of experience, has played a crucial role in Gland’s journey. Appointed MD and CEO on 25 April 2019, he has been instrumental in […]

Read Story
OpenAI appoints Sarah Friar as CFO and Kevin Weil as new CPO
Appointments

OpenAI appoints Sarah Friar as CFO and Kevin Weil as new CPO

OpenAI has announced the appointment of Sarah Friar as Chief Financial Officer (CFO) and Kevin Weil as the new Chief Product Officer (CPO). Sarah Friar is joining as Chief Financial Officer. She will lead a finance team that supports the mission by providing continued investment in the core research capabilities, and ensuring that the company […]

Read Story
Cognizant to Acquire Belcan to establish position in aerospace & defense
Merger & Acquisition

Cognizant to Acquire Belcan to establish position in aerospace & defense

Cognizant has announced it has signed a definitive agreement to acquire Belcan, LLC (“Belcan”), a portfolio company of AE Industrial Partners and a leading global supplier of Engineering Research & Development (ER&D) services, at a purchase price of approximately $1.3 billion in cash and stock, subject to customary adjustments. Belcan is an established player in ER&D that […]

Read Story