News: HR News, Trends & Workplace Insights

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Updated on: Jul 2021

Industry

Mindtree reports . attrition, adds over , people to its workforce

Jul 14, 2021

UNIBIC Foods ropes in Marico veteran Naveen Pandey as CEO

UNIBIC Foods, one of Indias leading FMCG companies announced the appointment of Naveen Pandey as it...

C-Suite Move

Jul 13, 2021

Latest news: UNIBIC Foods ropes in Marico veteran Naveen Pandey as CEO - SightsIn Plus

TCS partners with Converge ICT Solutions Inc

Indias IT major, TCS partners with Converge ICT Solutions Inc to help the broadband provider ...

Partnership

Jul 13, 2021

Latest news: TCS partners with Converge ICT Solutions Inc - SightsIn Plus

Federal Bank reappoints Shyam Srinivasan as MD CEO till Sept

Reserve Bank of India has approved the re-appointment of Shyam Srinivasan as MD and CEO of Federal B...

C-Suite Move

Jul 13, 2021

Latest news: Federal Bank reappoints Shyam Srinivasan as MD CEO till Sept - SightsIn Plus

Industry

Flipkart to buyback employee stock options worth Rs 600 crore

Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore). In an e-mail […]

Jul 13, 2021

Industry

Steel Minister held performance review meeting of SAIL, NMDC, MECON

Union Steel Minister Shri Ram Chandra Prasad Singh on July 12 held Video Conference with Chairman, SAIL, CMDs of NMDC and MECON, to review the activities and performance of these CPSEs. Chairman/CMDs made the presentations to inform about the organisation, ongoing activities, projects, financial performance, and the way forward. While reviewing the performance, Union Minister […]

Jul 13, 2021

Industry

TCS attrition goes up in Q1 of the financial year 2022

India’s largest IT Major, TCS has announced its first-quarter Q1 (quarter ending on June 30) results of July 8, 2021. TCS reported attrition of 8.6 per cent in Q1. Although the attrition rate is the lowest among peers, it has gone up from the previous quarter’s 7.2 per cent, ending on March 31. Recently, Accenture […]

Jul 12, 2021

Appointments

Twitter appoints Vinay Prakash as Grievance Officer for India

The US social media giant’s Twitter has appointed Vinay Prakash as the new grievance officer, providing contact details and procedures for users to report potential violations of its rules and terms. And the company has also released its first India Transparency Report to meet the new IT rules. Earlier, Twitter had appointed Dharmendra Chatur as its interim […]

Jul 12, 2021

Industry

TCS plans to bring employees back to office by September this year

India’s largest IT major, TCS has the target to get vaccinated all of its 5 lakh employees by September this year and bring them back to office on a regular basis. said Rajesh Gopinathan, CEO. While responding to media on July 9 after the Q1 results announcement, Gopinathan said, “We are all hoping to get our […]

Jul 10, 2021

Jobs

Hiring activity grows 15% in June 2021: Report

According to the latest report by Naukri JobSpeak, White-collar hiring activity in India appears to be bouncing back after the disruption caused by the second wave of the COVID pandemic in April. The leading index on India’s hiring trends grew by 15% to 2,359 in June from 2,047 in May with improvement in hiring across […]

Jul 10, 2021

Appointments

Tech Mahindra announces advisory board to build cloud roadmap

IT major, Tech Mahindra part of Mahindra Group has collaborated with enterprises, academicians, and industry advisors to constitute a ‘Cloud Advisory Board’. The cloud advisory board will be a 30-member body with three regional chapters – Americas; Europe, Middle East & Africa (EMEA), and Asia Pacific (APAC) – representing some of the top organizations, experts, […]

Jul 10, 2021

C-Suite Move

Neha Parikh appointed CEO at Waze, a subsidiary of Google

Neha Parikh, the former Indian-American president of the travel website Hotwire, has been appointed as the new CEO of Waze, a crowd-sourced navigation app and a subsidiary of tech giant Google. Neha, 41, a board member of the online used car retailer Carvana, replaced Noam Bardin, who stepped down in November as the CEO after leading the […]

Jul 10, 2021

Appointments

Shantanu joins Accenture as Management Consulting Principal Director

Shantanu Bhattacharya has joined Accenture as Management Consulting Principal Director. He will be a part of the Talent & Organization / Human Potential section of Accenture Capability Network. Talent & Organization / Human Potential is a specialist group that unlocks the power of human potential, and access a new level of workforce transformation for clients […]

Jul 10, 2021

Jobs

TCS to hire 40,000 freshers in FY22, lateral hiring will also be robust

India’s largest IT Major, TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22. Milind Lakkad CHRO of TCS said to the media, “The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last […]

Jul 9, 2021

Industry

Deutsche Post up outlook, to pay staff pandemic bonus

German logistics group Deutsche Post DHL raised its short and medium-term profit outlook on Wednesday and said it would pay another coronavirus bonus to staff, predicting that the e-commerce boom driven by the pandemic would continue. Deutsche Post, one of the world’s largest logistics firms, expects operating profit to increase to more than 7 billion euros ($8.26 […]

Jul 9, 2021

Industry

Cognizant and Capgemini to announce Q2 Results for FY22 on July 28

American IT major, Cognizant will announce results for the second quarter of 2021 on Wednesday, July 28, 2021, after market close. Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter. The conference call will also be available live on the Investor Relations section of the company’s […]

Jul 9, 2021