News: HR News, Trends & Workplace Insights

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Updated on: Jun 2021
Flipkart rolls out unlimited medical insurance cover for employees
Coronavirus

Flipkart rolls out unlimited medical insurance cover for employees

Unlimited Medical Insurance Cover E-commerce major, Flipkart has introduced a first-of-its-kind unlimited medical insurance cover for employees, thereby fully covering all medical expenses and cost of hospitalization, without employees paying any premium for it. Flipkart has also announced updated policies, designed to look at the post-pandemic world and the needs of the employees and their families. The […]

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JCB India rolls out COVID-19 bereavement support policy
Coronavirus

JCB India rolls out COVID-19 bereavement support policy

JCB India, an earthmoving and construction equipment company has announced that It will support the education of the children of its employees who succumbed to Covid-19. Additionally, the company is also extending medical insurance for their families to 10 years as part of a relief package for its staff. JCB India said, apart from the […]

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GroupM elevates Madhvi Pahwa as Chief People Officer for South Asia
CHRO Move

GroupM elevates Madhvi Pahwa as Chief People Officer for South Asia

GroupM, WPP’s media investment group, has elevated Madhvi Pahwa as its new Chief People Officer for South Asia. Previously, she was Chief People Officer at Mindshare Apac prior. Madhvi replaces Rohit Suri who is moving on to explore other opportunities. A replacement for the role of Mindshare APAC CPO will be announced shortly. In her new […]

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Flipkart announces support to families of employees who died of COVID-19
Industry

Flipkart announces support to families of employees who died of COVID-19

Flipkart is covering the vaccination cost for employees and five dependents each Walmart-owned Flipkart has announced a new policy for employees that includes extended medical coverage and support for families of deceased employees as part of its COVID-19 relief efforts. Flipkart continues to prioritise employee well-being with a slew of measures extending care and wellness […]

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EPFO members to get 8.5% interest by next month
EPFO

EPFO members to get 8.5% interest by next month

8.5% Interest Payout to be credited to the subscribers’ bank accounts by next month, July 2021 Employees’ Provident Fund Organisation (EPFO) has finalized the interest rates on provident fund deposits for 2020-21 at 8.5 per cent. The retirement body EPFO is likely to credit the interest amount in the accounts of its subscribers by July 2021. According […]

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ESI extends coverage for casual and contractual workers
ESIC

ESI extends coverage for casual and contractual workers

ESI extends coverage for casual and contractual employees of Municipal bodies Union Minister Santosh Gangwar has announced the decision to extend coverage under the Employees’ State Insurance Act, 1948 (ESI Act) to all casual and contractual workers working in the municipal bodies in the country. He said, the ESI Corporation has been directed to take […]

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Labour Market of India is in its worst condition since April-May: CMIE
Jobs

Labour Market of India is in its worst condition since April-May: CMIE

The 30-day moving average unemployment rate as of June 6, 2021, was 13 per cent As the employment rate continues to worsen amid the second wave of Covid-19, the Centre for Monitoring Indian Economy (CMIE) has said that the Indian labour market is in its worst condition since April-May last year, when the whole country […]

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Tata Digital acquires majority stake in online pharmacy 1mg
Merger & Acquisition

Tata Digital acquires majority stake in online pharmacy 1mg

Tata Digital acquires a majority stake in online pharmacy 1mg Tata Digital, a wholly-owned subsidiary of the Tata Group, said on Thursday it is acquiring a majority stake in digital health startup 1mg, It would be the second major investment after the acquisition of BigBasket. Tata’s didn’t share the financial details of the investment deal. […]

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HUL appoints Unilever Kedar Lele as Executive Director
C-Suite Move

HUL appoints Unilever Kedar Lele as Executive Director

Currently, Kedar Lele is Chairman and Managing Director of Unilever Bangladesh FMCG major, Hindustan Unilever Ltd (HUL) announced the appointment of Kedar Lele to the HUL Management Committee as Executive Director, Customer Development, effective from July 1, 2021. Currently, Lele is Chairman and Managing Director of Unilever Bangladesh. He will take over from Srinandan Sundaram who will move into his […]

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Deutsche Bank to hire 1,000 employees in India this year
Jobs

Deutsche Bank to hire 1,000 employees in India this year

Deutsche Bank said India has a key role in this digital transformation journey Deutsche Bank, the German banking giant will hire 1,000 techies for tech centres in India this year. The company is looking for people who have the ability to be flexible as technology changes rather than specific digital skills. According to the moneycontrol […]

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CEAT Specialty Conducts Vaccination Drive for its Customers, Employees
Coronavirus

CEAT Specialty Conducts Vaccination Drive for its Customers, Employees

CEAT Specialty is a division of CEAT Ltd., focusing on OHT (off-highway tyres) CEAT Specialty conducted a two-day vaccination camp at its Ambernath plant to inoculate its employees and customers. The camp saw enthusiastic participation and a total of 305 people were inoculated. Amit Tolani, Chief Executive, CEAT Specialty, said, “it has always been our endeavor to […]

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Deloitte acquires CloudQuest, California based company
Merger & Acquisition

Deloitte acquires CloudQuest, California based company

CloudQuest provides cloud-native security capabilities to manage security workflows, reduce risk and improve data security Deloitte has announced its plan to acquire CloudQuest, a cloud security posture management provider based in Cupertino, California. The amount of the deal was not disclosed but it will bolster Deloitte’s existing cloud cybersecurity offerings to manage security workflows and improve data security, […]

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