News: HR News, Trends & Workplace Insights

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Updated on: May 2021
Mondelez Acquires European Snacking Company, Chipita S.A.
Merger & Acquisition

Mondelez Acquires European Snacking Company, Chipita S.A.

Mondelez Acquires European Snacking Company, Chipita S.A. for $2 Billion Mondelez International Inc., the packaged-food giant known for Oreo cookies and Ritz Crackers has announced the acquisition of Chipita S.A., a fast-growing key player in the Central and Eastern European croissants and baked snacks market. Established 4 decades in Greece, Chipita had about $580 million […]

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JK Organisation rolls out financial aid to COVID affected employees, family members
Coronavirus

JK Organisation rolls out financial aid to COVID affected employees, family members

JK Organisation rolls out financial aid to COVID affected employees, family members JK Organisation, an Indian industrial conglomerate has announced the financial support through the continuance of salary, covering education for children and medical insurance for the family of the deceased employees due to COVID-19. JK organisation comprising of companies such as JK Tyre, JK […]

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HDFC Bank pledges Rs 100 crore towards COVID relief
Coronavirus

HDFC Bank pledges Rs 100 crore towards COVID relief

HDFC Bank pledges Rs 100 crore towards COVID relief HDFC Bank has announced that it has committed Rs 100 crore for setting up medical infrastructure for COVID-19 relief in 2021-22. The bank is planning to set up 20 oxygen plants in hospitals besides three 100-bed COVID care facilities as part of the plan. Rs 100 […]

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Mahindra & Mahindra appoints Toru Saito as President & CEO of MAM, Japan
Appointments

Mahindra & Mahindra appoints Toru Saito as President & CEO of MAM, Japan

Toru Saito appointed as President & CEO of Mitsubishi Mahindra Agricultural Machinery Co Limited Mahindra & Mahindra has announced the appointment of Toru Saito as the President & CEO of Mitsubishi Mahindra Agricultural Machinery Co Ltd, Japan (MAM). According to the company statement, in his new role, Saito who has more than 33 years of […]

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Jeff Bezos to hand over Amazon CEO role to Andy Jassy on July 5
C-Suite Move

Jeff Bezos to hand over Amazon CEO role to Andy Jassy on July 5

Jeff Bezos to hand over CEO role to Andy Jassy on July 5, anniversary of company’s creation Jeff Bezos, founder, and CEO of the multinational technology company Amazon who grew the company from an internet bookstore to an online shopping behemoth, said that Amazon executive Andy Jassy will take over the CEO role on July 5. He […]

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Can employers make Covid-19 vaccination mandatory?
Coronavirus

Can employers make Covid-19 vaccination mandatory?

Can employers make Covid-19 vaccination mandatory? Experts say U.S. employers can require employees to take safety measures, including vaccination. That doesn’t necessarily mean you would get fired if you refuse, but you might need to sign a waiver or agree to work under specific conditions to limit any risk you might pose to yourself or […]

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Bajaj Electricals elevates EC Prasad as CFO
C-Suite Move

Bajaj Electricals elevates EC Prasad as CFO

Bajaj Electricals elevates EC Prasad as Chief Financial Officer Bajaj Electricals elevates EC Prasad as new Chief Financial Officer and Key Managerial Personnel of the Company with effect from 01 July 2021. Currently, EC Prasad is working with the company as Vice President – Finance and Finance Controller since November 2019. Prasad is a senior […]

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Nissan India pledges Rs 6.5 crore for Covid-19 pandemic
Coronavirus

Nissan India pledges Rs 6.5 crore for Covid-19 pandemic

Nissan India pledges Rs 6.5 crore for Covid-19 pandemic Automaker, Nissan Motor India has pledged Rs 6.5 crore to fight against the ongoing Covid-19 pandemic in the country. The company will be using the total relief fund in various sections and help improve the health care system in the country. According to the company statement, […]

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TCS acquires General Electric’s stake in TCS Saudi Arabia
Merger & Acquisition

TCS acquires General Electric’s stake in TCS Saudi Arabia

TCS acquires General Electric’s stake in TCS Saudi Arabia IT major, Tata Consultancy Services (TCS) confirms today, that it has completed the acquisition of GE’s stake in Tata Consultancy Services Saudi Arabia. In the month of January 2021, the company had announced that it will acquire GE’s stake in Tata Consultancy Services Saudi Arabia for […]

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Govt advised new Guidelines for Near to Home COVID Vaccination Centres
Coronavirus

Govt advised new Guidelines for Near to Home COVID Vaccination Centres

The National Expert Group on Vaccine Administration for Covid-19 (NEGVAC) has recommended the proposal by a Technical Expert Committee of the Union Ministry on the guidelines for Near to Home COVID Vaccination Centres (NHCVC) for Elderly & Differently Abled Citizens. These recommendations have also been accepted by the Union Ministry of Health. NHCVC for Elderly & […]

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Ford suspends operations in Chennai plant after workers protest
Coronavirus

Ford suspends operations in Chennai plant after workers protest

According to media reports, Ford India has announced to shut its Chennai plant for three days from Friday to Sunday following workers’ protest. Today, few workers boycotted the lunch and staged a sit-in protest urging the company to address their COVID-19 related demand. The Union has urged the company to pay a compensation of Rs. […]

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HCL to vaccinate all of its employees before June 30
Coronavirus

HCL to vaccinate all of its employees before June 30

HCL to vaccinate all of its employees and their families based in India before June 30 IT major, HCL has announced that it has planned to vaccinate all of its India-based, eligible employees and their families with the first dose of the Covid vaccine before June 30. According to the press release, HCL Group (HCL Technologies, HCL Infosystems and HCL […]

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