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: Mar 2023

C-Suite Move

Badri Srinivasan to Lead Wipro India and Southeast Asia Businesses

Mar 31, 2023

Salary hike alert Air India staff to receive - salary hike

According to a Livemint report, the flag carrier airline of India, Tata group-owned Air India will b...

Compensation

Mar 31, 2023

Latest news: Salary hike alert Air India staff to receive - salary hike - SightsIn Plus

EY announces modernization of payroll employee care using ChatGPT

As part of the combined commitment to utilize the most advanced Azure OpenAI technologies in the tax...

Industry

Mar 31, 2023

Latest news: EY announces modernization of payroll employee care using ChatGPT - SightsIn Plus

TCS MBA Off Campus Hiring for Batch -, last date Apr

An information technology services and consulting company, Tata Consultancy Services TCS is conduc...

Hiring

Mar 30, 2023

Industry

Infosys & Cognizant is turning out to be the CEO factory for India

Infosys & Cognizant is turning out to be the CEO factory for India. The two companies have built great leaders for senior roles. Mohit Joshi and Ravi Kumar S have strong leadership qualities and Infosys has generated two great leaders. Apart from this, Cognizant has also produced leaders including Debashis Chatterjee the current CEO of […]

Mar 30, 2023

Hiring

IISER Bhopal is inviting for Summer Internship Program 2023

IISER Bhopal invites applications from bright and motivated students interested in basic sciences, engineering sciences, and economic sciences for its summer research internship program. Eligibility and Rules Other Details The portal will be open from March 27 till April 16, 2023. To check the official notification Click Here and Apply here. The selected candidates would […]

Mar 30, 2023

Employment

Rishi Sunak announces childcare benefits for working parents

Females contribute a major contribution to the workforce keeping in mind Rishi Sunak took LinkedIn to announce the childcare benefits for working parents in the Spring Budget. Rishi Sunak on LinkedIn said, “For too many, a career break becomes a career end. That’s why two weeks ago in the Spring Budget we announced a revolution […]

Mar 30, 2023

C-Suite Move

Ajay takes over ASSOCHAM as President; Sanjay as Senior VP

Mr. Ajay Singh, Chairman & Managing Director of SpiceJet, India’s leading airline, has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Mr. Ajay is a first-generation entrepreneur. He replaces Mr. Sumant Sinha who has completed his distinguished tenure at the chamber. Mr. Sanjay Nayar, Founder and Chairman of Sorin […]

Mar 29, 2023

Industry

Indian IT firms to reduce Tech hiring by 40% in FY24

Due to Inflationary pressures, the Russia-Ukraine crisis, and the US and European banking spiral it is expected that Indian IT companies may cut down the hiring of engineers by around 40 percent year-on-year (YoY) in FY24. Due to the economic uncertainty, layoff wave, and current conditions, there are major possibilities that there is less risk of […]

Mar 29, 2023

EPFO

Will implement higher pension order: Minister Bhupender Yadav

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation‘s (EPFO) recent circular complies with the Supreme Court order. It has laid down the terms and conditions for an EPFO subscriber for getting a higher pension. EPFO released a new circular on February 20, 2023. The EPFO has issued instructions in compliance with orders contained […]

Mar 29, 2023

Compensation

Meta may lower bonus payments of some employees

According to the reports, Facebook owner Meta will be lowering bonus payments for some employees. The bonus multiplier for that grade has been cut to 65% from 85% earlier. Chief Executive Mark Zuckerberg earlier in February declared 2023 the “year of efficiency.” Following the footsteps, the company will also restart assessing staff performance twice a year. The reports […]

Mar 29, 2023

Layoffs

McKinsey & Company to slash 1,400 jobs this week

According to a Bloomberg report, Consulting giant McKinsey & Company is embarking on a rare round of major job cuts, with plans to eliminate about 1,400 jobs this week. The job cut is nearly 3% of the total workforce. The company is laying off employees due to a global economic downturn. The company is restructuring […]

Mar 29, 2023

Hiring

IIT Roorkee “SPARK” paid internship, last date 31 March, Apply

IIT Roorkee is organizing institute-funded SPARK fellowships for internships with a weekly stipend of ₹2500/week and project-funded internships in 2023. The objective of the IIT Roorkee internship is to provide research exposure to interested undergraduate and postgraduate students of IITR. Also Watch, Salary Hike Trends in India -2023, Click Here Eligibility Criteria The following minimum CGPA […]

Mar 29, 2023

C-Suite Move

Hitachi Payment Services appoints Sumil Vikamsey as new MD

Hitachi Payment Services, India’s leading integrated payment solutions provider, has announced the appointment of Sumil Vikamsey as its new Managing Director, in addition to his responsibilities as the Chief Executive Officer – Cash Business. He will also be inducted into the company’s Board effective 1st April 2023. Rustom Irani has decided to retire as Managing […]

Mar 29, 2023

Industry

PAN-Aadhaar linking deadline extended till June 30: Check details

In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions. Notification to this effect is being issued separately. Under the provisions of the Income-tax Act, 1961(the […]

Mar 29, 2023

C-Suite Move

Axis Securities appoints Pranav Haridasan as MD and CEO

Axis Securities announced the appointment of Pranav Haridasan as its new Managing Director & CEO for a tenure of 3 years. This move follows the internal succession plan of Axis Group, with the current MD & CEO, B Gopkumar, transitioning to Axis Asset Management Company as MD & CEO. Pranav is currently Managing Director and […]

Mar 28, 2023