News: HR News, Trends & Workplace Insights

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Updated on: Sep 2020

Industry

Capgemini named Leader in ML IT services by NelsonHall

Sep 13, 2020

Spinny has offered more employee-friendly HR policies

Spinny has offered days menstrual leave besides work from home and family adoption policy Spinny,...

Jobs

Sep 11, 2020

Latest news: Spinny has offered more employee-friendly HR policies - SightsIn Plus

Infosys to hire an additional tech employees in Rhode

Infosys plans to hire additional tech employees in Rhode Island by Indias second-lar...

Jobs

Sep 11, 2020

Latest news: Infosys to hire an additional tech employees in Rhode - SightsIn Plus

Union Cabinet approves Labour Law Codes

Union Cabinet approves Labour Law Codes at a meeting held on th September Three labour codes inv...

Labour Law

Sep 10, 2020

Labour Law

EPFO: Deposit Linked Insurance benefits hiked to Rs 7 lakh

The Employees’ Provident Fund Organisation (EPFO) on Wednesday increased the maximum assurance benefit to up to Rs. 7 lakh from the existing cover of Rs. 6 lakh under the Employees’ Deposit Linked Insurance (EDLI) scheme. Employees’ Deposit Linked Insurance, EDLI is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO). A nominee or legal […]

Sep 10, 2020

Labour Law

EPFO to pay 8.5% interest on Provident Fund in 2 tranches

EPFO to pay 8.5% interest rate in two tranches of 8.15% & 0.35% The Retirement fund body EPFO or Employees’ Provident Fund Organisation has decided to keep the interest rate unchanged at 8.5 per cent for the current financial year 2019-20, the government said on Wednesday. However, the interest payable to provident fund subscribers will […]

Sep 10, 2020

Jobs

HCL Technologies opens new centre, to hire 3,000 people

HCL Technologies opens new centre in Colombo, to hire 3,000 people IT services major HCL Technologies on Tuesday said it has opened a global development centre in Colombo, Sri Lanka, and expects to hire over 3,000 people in the next few years for the facility. The new centre was inaugurated by Sri Lanka Prime Minister […]

Sep 9, 2020

Jobs

Google introduces a three-day weekend for employee

Google introduces a three-day (Friday, Saturday, Sunday) weekend for employee After extending its work-from-home model until 2021 summer, the tech giant, Google has now introduced a three-day weekend to ensure employees’ well being during the Coronavirus pandemic. With an aim to make sure its employees are maintaining their peace of mind and not letting the […]

Sep 8, 2020

Survey & Report

Larsen & Toubro hires dozens of ex-Cognizant executives

Larsen & Toubro hires dozens of ex-Cognizant executives Larsen & Toubro (L&T) has employed just about a dozen senior executives from Cognizant after the latter had a management shakeup to reinvigorate the organization. The main hires apply the final 12 months’ acquisition of Mindtree, indicating that the $21 billion engineering conglomerate has giant plans to scale its […]

Sep 8, 2020

CHRO Move

Prasad Kulkarni joins CITCO as SVP- HR Business Excellence

Prasad Kulkarni joins CITCO as Senior Vice President – HR Business Excellence Prasad Kulkarni joins The Citco Group of Companies as Senior Vice President – HR Business Excellence, based out of Pune, Maharashtra. The Citco Group of Companies is a privately owned global hedge fund administrator headquartered in the British Virgin Islands, founded in 1948. Prior to […]

Sep 8, 2020

Jobs

Karnataka approves new IT policy, to create 60 lakh jobs

Karnataka cabinet approves new IT policy, to create 60 lakh jobs Karnataka cabinet on Thursday approved the new IT (information technology) policy for 2020 -25 that aims to generate over 60 lakh direct and indirect jobs in the state. The policy would also enable the IT industry contribute approximately 30 per cent to the country’s goal of creating […]

Sep 4, 2020

Jobs

SBI announces new VRS scheme for employees

State Bank of India introduces a new voluntary retirement scheme State Bank of India (SBI), has announced a voluntary retirement scheme (VRS) that gives an option to employees who do not get promoted beyond a certain level to move out. The scheme will be opened for three months, from December to January, every year, and […]

Sep 3, 2020

Jobs

Cabinet approves Mega HR Reform for Govt employees

On Wednesday, Hitting a reset on civil services, the union cabinet approved Mission Karmayogi, a mega human resource reform for all the government employees, and decided to put in place a four-tier mechanism including a PM HR Council to review performance, productivity, and capacity of the bureaucracy. Cabinet approves “Mission Karmayogi“- National Programme for Civil Services Capacity Building (NPCSCB) […]

Sep 3, 2020

Industry

Cognizant to acquire cloud specialist firm 10th Magnitude

Cognizant to acquire Chicago-based cloud specialist firm 10th Magnitude Cognizant announced that it has entered into an agreement to acquire Chicago-based 10th Magnitude, a leading cloud specialist focused exclusively on the Microsoft Azure cloud computing platform. The acquisition will expand the Microsoft Azure expertise within Cognizant’s new Microsoft Business Group, adding development and managed services hubs in major cities […]

Sep 3, 2020

Labour Law

Consumer Price Index for Industrial Workers up 5.33% in July

Labour Ministry releases Consumer Price Index for Industrial Workers, July 2020 The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of the retail prices of selected items collected from 289 markets spread over 78 industrially important centres in […]

Sep 2, 2020

Merger & Acquisition

L&T sells electrical & automation arm to Schneider Electric

L&T announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric Larsen & Toubro (L&T) on Monday announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation. The sale—an all-cash deal amounting to nearly Rs 14,000 crore—was announced in […]

Sep 2, 2020