News: HR News, Trends & Workplace Insights

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Updated on: May 2021
Axis Bank reappoints Amitabh Chaudhry as MD, CEO for three more years
Appointments

Axis Bank reappoints Amitabh Chaudhry as MD, CEO for three more years

Axis Bank reappoints Amitabh Chaudhry as MD, CEO for three more years The Axis Bank board has approved the re-appointment of Amitabh Chaudhry as its managing director and CEO. Chaudhary, 56, will serve in this capacity for three more years, starting January 2022 up to December 31, 2024. In a regulatory filing, the private sector […]

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Wipro, Citrix, Hewlett Packard Enterprise Partner to Accelerate Remote Working Solutions
Industry

Wipro, Citrix, Hewlett Packard Enterprise Partner to Accelerate Remote Working Solutions

Wipro, Citrix, Hewlett Packard Enterprise Partner to Accelerate Remote Working Solutions Wipro Limited, a leading global information technology, consulting, and business process services company, today announced that it has strengthened its alliance with Citrix Systems, Inc. and Hewlett Packard Enterprise (HPE). The partnership will provide enterprises a robust solution that will accelerate remote working and […]

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JCB India temporarily suspends production for 10 days
Industry

JCB India temporarily suspends production for 10 days

JCB India temporarily suspends manufacturing operations from May 1 Construction equipment major JCB India on Friday said it will temporarily suspend operations for 10 days across its manufacturing facilities in the wake of the surge in COVID-19 cases. The company will pause manufacturing operations starting from May 1 across the plants located at Ballabgarh, Jaipur […]

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Samir Seksaria takes over as CFO of TCS
C-Suite Move

Samir Seksaria takes over as CFO of TCS

Samir Seksaria takes over as CFO of TCS effective May 1 Tata Consultancy Services (TCS), leading global IT services, consulting, and business solutions organization, announced that Samir Seksaria will take over as the company’s Chief Financial Officer on May 1, 2021. He replaces V Ramakrishnan (`Ramki’) who will be retiring from the services of the […]

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ESIC rolls out medical care and relief to its beneficiaries in pandemic
ESIC

ESIC rolls out medical care and relief to its beneficiaries in pandemic

ESIC reaches out to its Beneficiaries to provide medical care and relief during the Covid-19 pandemic ESIC offers to its Beneficiaries the below medical and cash benefits during Covid-19 pandemic Medical Benefit The Insured Person and/or his family members in case of being infected with COVID-19 can avail free of cost medical care in any […]

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PwC aims to hire 10,000 Black and Latinx students by 2026
Jobs

PwC aims to hire 10,000 Black and Latinx students by 2026

PwC plans to hire 10,000 Black and Latinx college students over the next five years. The initiative is part of the accounting and consulting firm’s goal of reaching 35% Black and Latinx representation among its interns, entry-level hires, and experienced hires. PwC is seeking to build a workforce that more closely represents the diversity within higher education, […]

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Escorts will temporarily halt manufacturing during May 1-3
Industry

Escorts will temporarily halt manufacturing during May 1-3

Escorts will temporarily halt manufacturing during May 1-3 Farm equipment major Escorts will temporarily shut down its manufacturing operations on a selective basis between May 1 and May 3 amid the deteriorating COVID-19 situation in the country, the company said. Company said in a regulatory filing report, “At Escorts, safety and health of our employees, and wellness […]

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Droom appoints Preeti Jain as CHRO
Appointments

Droom appoints Preeti Jain as CHRO

Droom appoints Preeti Jain as Chief Human Resources Officer Droom, a tech, and data-science-driven online automobile marketplace has appointed Preeti Jain as its Chief Human Resources Officer. Preeti has almost two decades of experience across all gamuts of HR functions, including HR Strategy, Talent Management Organizational Development, Change Management, Talent Acquisition, etc. Prior to Droon, […]

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Tech Mahindra has acquired Eventus Solutions Group for up to $44 million
Jobs

Tech Mahindra has acquired Eventus Solutions Group for up to $44 million

Tech Mahindra has acquired Eventus Solutions Group for up to $44 million IT major Tech Mahindra on Monday said it has acquired US-based Eventus Solutions Group for up to $44 million (around Rs 330 crore). Tech Mahindra, through its wholly-owned subsidiary – Tech Mahindra (Americas) Inc, has approved the proposal to acquire 100% equity shares in Eventus Solutions Group, LLC, a regulatory […]

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TCS sets up Covid-19 Care Centres in 11 cities for staff, their dependents
Jobs

TCS sets up Covid-19 Care Centres in 11 cities for staff, their dependents

TCS sets up Covid-19 Care Centres in 11 cities for staff, their dependents India’s largest software services firm Tata Consultancy Services (TCS) has set up Covid Care Centers across 11 cities in India including Mumbai, Indore, and Nagpur. The company also has arrangements with hotels that have hospital tie-ups. Employees and their families can avail […]

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HDFC Bank sets up isolation centres for Covid-affected employees
Industry

HDFC Bank sets up isolation centres for Covid-affected employees

HDFC Bank sets up isolation centres for Covid-affected employees HDFC Bank on Tuesday announced that it has converted three of its training centres at Bhubaneswar, Pune, and Gurugram into isolation facilities, equipped with first-line assistance and round-the-clock nurses and visiting doctors. Immediate medical help from a nearby hospital will be made available if required, it said, […]

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Tech Mahindra headcount drops in FY21, hiring to increase in FY22
Industry

Tech Mahindra headcount drops in FY21, hiring to increase in FY22

Tech Mahindra reported an increase in attrition rate to 13% from 12% in the previous quarter IT services firm Tech Mahindra’s headcount drops by 4,182 in the financial year 2021 even as it looks at double-digit organic growth. According to the company statement, it will lead to more hiring in the next few quarters with multiple […]

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