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Samir Seksaria takes over as CFO of TCS effective May Tata Consultancy Services TCS, leading glo...
ESIC reaches out to its Beneficiaries to provide medical care and relief during the Covid- pandemi...
PwC plans to hire , Black and Latinx college students over the next five years. The initiative ...
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 […]
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, […]
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 […]
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 […]
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, […]
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 […]
Wipro overtook HCL Tech to be third largest IT firm Wipro Ltd, on Friday, overtook Noida-headquartered HCL Technologies to become the third-largest Indian IT services company by market capitalization. The market valuation of Wipro was at Rs. 2,64,916.48 crore while that of HCL Tech was at Rs. 2,62,004.37 crore on the BSE. On 22 October […]
Amazon donates oxygen concentrators to India Amazon on Sunday said that it is donating 10,000 oxygen concentrators and BiPAP machines to hospitals and public institutions to augment their capacity to help Covid-19 infected patients across multiple cities in India. Amazon has joined hands with ACT Grants, Temasek Foundation, Pune Platform for COVID-19 Response (PPCR) and […]
Procter & Gamble contributes Rs 50 crore for Covid Vaccination Procter & Gamble, an American multinational consumer goods company today pledged Rs 50 crore contribution towards COVID-19 vaccination of over 5 lakh Indians to be carried out in partnership with government and local authorities. In a statement, the company said it is contributing towards the vaccination of 100 […]
Wipro to reach Net-Zero Greenhouse Gas Emissions by 2040 Wipro Limited, a leading global information technology, consulting, and business process services company, has announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge […]
Former Maruti MD Jagdish Khattar passes away Jagdish Khattar, former managing director of Maruti Udyog Limited (MUL), passed away on Monday due to a cardiac arrest. He was 78 years old. Khattar’s demise was confirmed by Maruti Suzuki Chairman RC Bhargava. “This is a deep personal loss and has come as a big shock. We […]
HCL Technologies: Attrition came down to 9.9% from 16% a year earlier The IT major, HCL Technologies has announced a skill-based allowance to its 16,000 employees. This allowance will be 25-30% of employees’ cost-to-company (CTC). Apart from this, the company has set a target to hire 20,000 campus graduates this year compared to 14,500 in the […]
