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 2021
GM India has laid off 1,086 workers who didn’t accept the VSS plan
Industry

GM India has laid off 1,086 workers who didn’t accept the VSS plan

According to ET report, General Motors India (GM India) has laid off 1,086 workers who didn’t accept a Voluntary Separation Scheme (VSS) at the automaker’s plant near Pune. Employee union has approached the industrial court against the company. Almost one-third of employees at the Talegaon facility have accepted the voluntary separation scheme by the July 4 deadline. […]

Read Story
EPFO added 28% less members in the month of May than in April 2021
EPFO

EPFO added 28% less members in the month of May than in April 2021

The provisional payroll data of EPFO published on 20th July 2021 highlights that EPFO has added around 9.20 lakh net subscribers during the month of May, 2021. However, this is 28% less than the previous month. In the month of April this year, EPFO had added 12.76 lakh net subscribers. The Labour Ministry said, “Despite the crisis of […]

Read Story
TCS invites freshers applications for jobs in 2021
Jobs

TCS invites freshers applications for jobs in 2021

Recently, India’s largest IT services company, Tata Consultancy Services (TCS) has released its financial results for quarter one of FY22 ending on June 30. The company said that it will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22. The company invites applications for freshers’ jobs through National Qualifier […]

Read Story
HCL Technologies to hire 22,000 freshers in FY22, Attrition 11.8% in Q1
Industry

HCL Technologies to hire 22,000 freshers in FY22, Attrition 11.8% in Q1

IT major, HCL Technologies has announced its Q1 results for the Financial Year 2021-22 on July 19, The company reported a 9.9 percent rise in consolidated net profit to Rs 3,214 crore for the quarter ended June 30, 2021. And 11.7% growth in revenue in constant currency in the first quarter. However, the growth rates […]

Read Story
HCL Tech’s Shiv Nadar steps down as MD, C Vijayakumar to take over
C-Suite Move

HCL Tech’s Shiv Nadar steps down as MD, C Vijayakumar to take over

Shiv Nadar has stepped down as Managing Director and Board Member of HCL Tech, a year after handing over the reins of the IT major to his daughter, Roshni Nadar Malhotra. In July 2020, he had stepped down from the Chairman’s role and Roshni succeeded him. HCL Tech has elevated C. Vijayakumar as Managing Director […]

Read Story
Tata group’s Voltas appoints Jitender Verma as Chief Financial Officer
Appointments

Tata group’s Voltas appoints Jitender Verma as Chief Financial Officer

Voltas, a consumer durables major, part of Tata Group has announced the appointment of Jitender P Verma as Chief Financial Officer (CFO). Jitender, who was the Senior Executive Vice President and Group CFO and a Member of the Board and Executive Committee of Thoresen Thai Agencies Public Ltd Company, Thailand, will succeed Anil George, who […]

Read Story
Goldman Sachs will hire over 2,000 employees for its new office in India
Jobs

Goldman Sachs will hire over 2,000 employees for its new office in India

Goldman Sachs, an American investment bank and financial services company said in a statement that the company’s new Hyderabad, India office will hire over 2,000 employees by 2023 The company has announced the opening of its new office in Hyderabad as part of its commitment to expand its global centre for engineering and business innovation and […]

Read Story
TCG Group appoint B. Anand as CEO, Polymer Projects
C-Suite Move

TCG Group appoint B. Anand as CEO, Polymer Projects

TCG Group, a knowledge-based industrial collective of global repute, and their flagship company Haldia Petrochemicals Limited announced the appointment of B. Anand as Chief Executive Officer of polymer projects. In his new role, Anand will be responsible for building and driving TCG Group’s portfolio of OToP projects which will include development along with design and licensing technology […]

Read Story
Cyient announces 12 weeks of gender-neutral parental leave
Industry

Cyient announces 12 weeks of gender-neutral parental leave

Engineering, manufacturing, and technology solutions company Cyient announces 12 weeks of gender-neutral parental leave across its offices globally. All the employees of Cyient Limited (formerly known as Infotech Enterprises Limited) can avail up to 12 weeks of leave after birth or adoption of a child. While launching the new gender-neutral parental leave policy, Krishna Bodanapu, the […]

Read Story
Facebook records 38.2% increase in people of colour as leaders
Industry

Facebook records 38.2% increase in people of colour as leaders

San Francisco, Facebook said that it has achieved a 38.2 per cent increase in Black leaders due to strong recruiting and increased focus on retaining top talent across the company in the last one year. Facebook said that it will continue striving for an overall 30 per cent increase in representation of people of colour in the […]

Read Story
L&T Infotech to hire 4,500 freshers this year
Jobs

L&T Infotech to hire 4,500 freshers this year

L&T Infotech (LTI), part of Larsen & Toubro Group will be hiring 4,500 freshers this year compared to 3,000 in the last year. While announcing the Q1 results of the Financial Year 2021-22 Sanjay Jalona, CEO and MD of L&T Infotech said, “We added 2,000 people in the last quarter and 2,300 people net this […]

Read Story
MyGlamm appoints Kartik Rao as Chief People Officer
Appointments

MyGlamm appoints Kartik Rao as Chief People Officer

MyGlamm, beauty products & cosmetic makeup items company appoints Kartik Rao as Chief People Officer. Prior to this, he was associated with Bewakoof.com as CHRO & Chief of Staff. In his new role, Kartik will be managing the people & culture vertical and set up robust HR practices across the organization. Kartik Rao has rich & […]

Read Story