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

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 […]

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CEO receives 3,000 resumes in 48 hrs: “How bad is Job Market?
Social Media

CEO receives 3,000 resumes in 48 hrs: “How bad is Job Market?

The founder and Chief Executive Officer (CEO), Kartik Mandaville, of a start-up said that he received more than 3,000 resumes in 48 hours against job postings on the company website. Springworks CEO Kartik Mandaville shared a tweet saying, “Received over 3K resumes in the last 48 hours just on our website – how bad is the […]

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PwC to TCS top scams that hit the companies in 2023; Check here
Industry

PwC to TCS top scams that hit the companies in 2023; Check here

According to reports, Around 66% of Indian companies have experienced at least one instance of economic crime and scams in the past two years, with the covid-19 pandemic prompting a significant increase in platform fraud. In 2023 companies have been layoffs, Hiring freezes, and apparently, scams also hit the companies. Here is the list of […]

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Govt launches free skilling AI course in Indian languages
Technology

Govt launches free skilling AI course in Indian languages

Union Minister of Education and Skill Development and Entrepreneurship Shri Dharmendra Pradhan launched AI for India 2.0, a free online training programme on Artificial Intelligence (AI), on World Youth Skills Day. A joint initiative of Skill India and GUVI, this NCVET and IIT Madras accredited online programme will equip youth with frontier skills. Speaking on […]

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Morgan Stanley hiring for Internships, Industrial Trainees, Apply
Hiring

Morgan Stanley hiring for Internships, Industrial Trainees, Apply

A leading global financial services firm providing a wide range of investment banking, and securities, Morgan Stanley is hiring for internship 2023 Financial Control Group Industrial Trainee Program (Mumbai). Morgan Stanley’s Finance Division protects the Firm by serving as guardian of the Firm’s books & records while contributing to our Firm-wide risk management responsibilities. The […]

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File ITR as govt not contemplating extension of July 31 deadline
Industry

File ITR as govt not contemplating extension of July 31 deadline

Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of the July 31 deadline. Sanjay Malhotra further said, “We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would […]

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HCLTech expects 70% of employees to WFO by FY24-end: CEO
Work Model

HCLTech expects 70% of employees to WFO by FY24-end: CEO

An Indian multinational information technology services and consulting company, HCLTech expects to have almost 70 per cent of its staff walking into physical workspaces by the end of the current fiscal, CEO C Vijayakumar said. The approach for working in the office will be based on going ‘need-based’. As several projects expect employees to work from […]

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PwC is hiring for various roles, Interns, WFH & Remote jobs, Apply
Hiring

PwC is hiring for various roles, Interns, WFH & Remote jobs, Apply

The world’s leading professional services firm, PricewaterhouseCoopers (PwC) is inviting job applications from freshers and experienced people for various roles in India. Earlier in February 2023, PwC announced that it plans to add 30,000 new jobs in India over the next five years as it continues to build its India presence, potentially taking the employee count to over 80,000 by […]

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Top 8 giants restrict employees from using ChatGPT: Why?
Technology

Top 8 giants restrict employees from using ChatGPT: Why?

IT giants have mixed reactions over employees using ChatGPT. The leading companies including Apple, Samsung, Deutsche Bank, JPMorgan Chase, and more have restricted the use of Chat GPT. Apple is Restricting Use of ChatGPT for its Employees An American multinational technology company, Apple said AI could lead to a potential leak of confidential data. The […]

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PwC India to enhance digital transformation in HR tech
Industry

PwC India to enhance digital transformation in HR tech

Zoho announced a strategic partnership with PwC India. This alliance brings together Zoho’s product portfolio of over 55 products with PwC’s proven expertise in driving digital transformation strategy through advisory and consulting services. Through this partnership, PwC India and Zoho will help medium to large enterprises in the country accelerate their digital transformation journey, enabling […]

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No income tax up to Rs 7.27 lakh per annum: Finance Minister
Industry

No income tax up to Rs 7.27 lakh per annum: Finance Minister

Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and shared tax benefits including income tax exemption for those earning up to Rs 7.27 lakh per annum. Nirmala Sitharaman said in a tweet said, “Under the new regime, there is no income tax to be paid for annual income up to Rs […]

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Wipro strengthens staffing vendors checks after TCS scam
Industry

Wipro strengthens staffing vendors checks after TCS scam

A multinational corporation, Wipro has a stringent contract hiring process. The company will be working on a higher frequency of performance checks. This move comes in the wake of the alleged ‘bribe-for-jobs’ scandal at TCS. The company has sacked six employees after finding them guilty of accepting favours from certain staffing firms in the appointment of contractual […]

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