News: HR News, Trends & Workplace Insights

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Updated on: Jan 2023
BharatPe CEO Suhail Sameer quits, Nalin Negi appointed interim CEO
Movement

BharatPe CEO Suhail Sameer quits, Nalin Negi appointed interim CEO

One of the largest B2B fintech lenders, BharatPe Chief Executive Officer (CEO) Suhail Sameer steps down from his position and will assume the role of strategic advisor beginning on January 7, 2023 Earlier, Ashneer Grover and his wife Madhuri Jain also exited the company. While Madhuri Jain was terminated over allegations of misappropriation of funds, Ashneer Grover resigned a few […]

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Schneider Electric gets Binu Philip as CHRO for Greater India Zone
CHRO Move

Schneider Electric gets Binu Philip as CHRO for Greater India Zone

Schneider Electric, the global leader in digital transformation of energy management and automation, has appointed Binu Philip as the new Zone VP HR (CHRO) for Greater India. Prior to this appointment, Binu Philip was the Vice Presider HR for the International Operations for the Secure Power Division of the company. Binu Philip has been with Schneider […]

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Woman sacked for being pregnant awarded Rs 15 Lakh compensation
Compensation

Woman sacked for being pregnant awarded Rs 15 Lakh compensation

During the period of pregnancy, many female employees lose their jobs. As per the recent Telegraph report, a 34-year-old woman, Charlotte Leitch had only recently joined Essex-based CIS services firm but only a couple of weeks later her employer fired her. She won compensation of nearly Rs. 15 lahks after she was fired for “being […]

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India’s unemployment rate is highest for Dec in 16 months at 8.3%
Industry

India’s unemployment rate is highest for Dec in 16 months at 8.3%

As per the recent data released by the Centre for Monitoring Indian Economy (CMIE) India’s unemployment rate rose to 8.30% in December which is the highest in 16 months. Last month’s unemployment rate was 8.00%. The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month. On the other end, the rural […]

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Tamil Nadu govt announces 4% hike in Dearness Allowance
Compensation

Tamil Nadu govt announces 4% hike in Dearness Allowance

Tamil Nadu Chief Minister MK Stalin has announced the hike in the Dearness Allowance (DA) by 4 percent for government employees including teachers, pensioners and family pensioners. CM Stalin said that it would benefit about 16 lakh staff. The decision was taken after considering the representation of government employees. The DA would now be increased from 34 percent to […]

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Futures First is inviting applications for internships including HR
Hiring

Futures First is inviting applications for internships including HR

Futures First is inviting applications for internships including HR Intern, Research Intern, and Financial Market Intern. Commenting on the open positions the company said, “Secure Your Future– Join Futures First. Our people are at the core of our success and constitute our most valuable asset. Our goal is to help you thrive, develop, succeed and […]

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Most laid off tech workers find new jobs in 3 months
Survey & Report

Most laid off tech workers find new jobs in 3 months

According to the recent survey report, by the Wall Street Journal “The ZipRecruiter” said 79 percent of laid off staff in the tech industry landed a new job within three months. However, the survey did not disclose information on whether they received new employment with the same, higher, or lower compensation packages. Julia Pollak, the chief […]

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Akums Drugs & Pharmaceuticals appoints Arvind Srivastava as President- HR
Appointments

Akums Drugs & Pharmaceuticals appoints Arvind Srivastava as President- HR

One of the leading contract manufacturing pharmaceutical companies, Akums Drugs & Pharmaceuticals Ltd has announced the appointment of Arvind Srivastava as President-HR. He has over 26 years of comprehensive experience in People Management Operations, Restructuring Organizations, Spearheading HR Process Re-engineering, and Proposing Innovative HR solutions in Manufacturing Plants as well as in Corporate Offices. Arvind […]

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Paytail appoints Reena Yadav as Chief Human Resources Officer
CHRO Move

Paytail appoints Reena Yadav as Chief Human Resources Officer

A fintech company, Paytail has announced the appointment of Reena Yadav as Chief Human Resource Officer (CHRO). Reena has confirmed the appointment on social media and said, “I’m happy to share that I’m starting a new position as Chief Human Resources Officer at Paytail!” Reena has over 18 years of experience across different industries (ITES/Telcom/BFSI/FMCG). She has deep […]

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Tata Motors to buy Ford’s Sanand plant in Jan, to retain all staff
Industry

Tata Motors to buy Ford’s Sanand plant in Jan, to retain all staff

Tata Motors has said the acquisition of Ford India’s manufacturing plant at Sanand through its subsidiary will be completed on January 10, 2023. “With existing capacities near saturation, this acquisition will unlock an additional state-of-the-art manufacturing capacity of 3,00,000 units per annum which is scalable to 4,20,000 units per annum,” the company said. Additionally, TPEML has […]

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Biorad Medisys appoints Indranil Sen as Group Head – HR, Admin & EDP
Appointments

Biorad Medisys appoints Indranil Sen as Group Head – HR, Admin & EDP

A leading global specialty manufacturer of a large portfolio of implants and surgical devices company, Biorad Medisys has announced the appointment of Indranil Sen as Group Head – HR, Administration & EDP. Indranil Sen has confirmed the appointment on social media and said, “At the advent of Christmas as we await the dawn of 2023, […]

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EPFO issues guidelines on higher pension after SC ruling
EPFO

EPFO issues guidelines on higher pension after SC ruling

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. Eligibility to Receive a Higher Pension as per EPFO How to Apply for Higher Pension The circular […]

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