News: HR News, Trends & Workplace Insights

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CIMB gets McKinsey Co Animesh Mukherjee as Group CHRO

A leading ASEAN universal bank, CIMB has appointed Animesh Mukherjee as Group Chief Human Resources ...

CHRO Move

Latest news: CIMB gets McKinsey Co Animesh Mukherjee as Group CHRO - SightsIn Plus

HSBC is hiring for multiple roles, women professionals, HR, interns

A financial services organization, HSBC is hiring for various roles including HR, Internships, and H...

Hiring

Why is Google restricting internet access to 2,500 employees?

An American multinational technology company, Google is starting a new pilot program restricting some of its employees to use internet-free desktops. A Google spokesperson in an emailed statement said, “Ensuring the safety of our products and users is one of our top priorities,”. “We routinely explore ways to strengthen our internal systems against malicious attacks”, […]

MIT is offering free online courses; Check details here

A coeducational, privately endowed research university, Massachusetts Institute of Technology (MIT) is offering multiple free online courses. MITx Courses MITx courses embody the inventiveness, openness, rigor, and quality that are hallmarks of MIT, and many use materials developed for MIT residential courses in the Institute’s five schools and 33 academic disciplines. Massachusetts Institute of Technology […]

TCS plans to hire 40,000 freshers in FY24

India’s largest IT giant, Tata Consultancy Services (TCS) plans to hire around 40,000 freshers this financial year. Hiring will be slightly below that in FY23, TCS has onboarded over 44,000 freshers in FY23 and its highest-ever number of experienced professionals. TCS CHRO said, “Hiring will be on the lower side, but that doesn’t mean that we are going […]

Income Tax India update on linking PAN with Aadhaar

Income Tax India has recently shared a tweet through the official Twitter handle on linking PAN with Aadhaar. The Income Tax India tweet said, “Dear Taxpayers, Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar.” “Further, PAN holders, whose PANs have […]

Social Media

Working 12 hrs per day to pay over 50% of my income as tax?

A Flipkart employee shared his frustration of paying taxes on both earnings and spending which turned out to be over 50% of his earning. Sanchit Goyal, Category Manager at Flipkart shared a Tweet expressing his frustration, “Today I earned Rs 5000. I had to give 30% to the Government as tax.” “I thought of buying […]

CHRO Move

Edelweiss Tokio Life appoints Saba Adil as CHRO

Insurance Company, Edelweiss Tokio Life has appointed Saba Adil as Chief Human Resource Officer (CHRO). In the new role, Saba will play a pivotal role in aligning the organization’s goals with its people, enabling them to realize their potential and contribute to the company’s success. Sumit Rai, MD & CEO, Edelweiss Tokio Life Insurance, said, […]

Work Model

Company Bans Late-Night Work, Improved Fertility Rate

The Chief Executive Officer of Japanese general trading company Itochu Corp. has banned Late-Night Work and Overtime in the company. The Chief Executive Officer (CEO) Masahiro Okafuji had decided that working in the office after 8 pm should be banned. Additionally, the CEO also decided that there would be no more overtime pay for working late without […]

Pune-based company lost Rs 22 lakh in an email scam

According to the reports of India Today, a Pune-based engineering company has lost 24,000 EUROS approximately more than Rs 22 lakh in an email scam. An FIR in the case was registered at Wanawadi police station last week by the founder and CEO of the Pune-based firm. Pune Police is investigating the case. The cybercriminals used a method known […]

TCS starts onboarding laterals after fast-tracking verification

IT giant, Tata Consultancy Services (TCS) starts onboarding some of the lateral hires whose onboarded was earlier delayed for 3 months, from July to Oct this year. According to reports of TOI, In an email to the employees the company said, “As you commence your new journey, we are glad to invite you to attend the […]

Hiring

ISRO is inviting applications for Internship, Apply

The national space agency of India, the Indian Space Research Organisation (ISRO) is hiring for the internship which will be of a minimum of 21 days & maximum of 45 days. The General Instructions for Internship Applicants (for students who completed course): Requirements Duration of Internship The duration of the Internship will be minimum 21 […]

Tata Technologies launches InnoVent for Engineering Students, register

Tata Technologies, a global engineering and product development digital services company, announced the launch of Tata Technologies InnoVent, an innovation platform that provides young engineering students In India. It will train, mentor and recognize the best project teams, assisting them in realizing their full potential. If you’re a bold, creative thinker with a passion for innovation, the hackathon offers the […]

Nearly one-third of HDFC Bank employees left in fiscal year 2023

An Indian banking and financial services company, HDFC Bank nearly one-third of its employees have left in fiscal year 2023. The Bank’s attrition rate is at around 30 percent. Additionally, for a few levels above the entry-level, the attrition rate is between 20 to 30 percent. The bank has witnessed the highest attrition at the […]