News: HR News, Trends & Workplace Insights

Latest news: Industrial Disputes Gujarat Amendment Bill, gets presidential nod - SightsIn Plus

Over 96% employees at TCS continue to work from home

Over 96% employees at TCS continue to work from home Tata Consultancy Services (TCS) on Friday reported higher Q3 (December-quarter) profit and predicted stronger growth ahead, despite COVID-19 pandemic. The Government of India has also announced January 16 as the day for rollout of the long-awaited vaccine but a majority of TCS employees continue to […]

Merger & Acquisition

DXC Technology Confirms Acquisition Proposal from Atos

DXC Technology Confirms Acquisition Proposal from Atos DXC Technology confirmed that it received an unsolicited, preliminary and non-binding proposal from Atos SE Wednesday night to acquire all DXC Technology shares. The company said in statement, “The DXC Technology board of directors, consistent with its fiduciary responsibilities, will be evaluating the proposal. Prior to receiving this […]

India’s first toy manufacturing cluster in Karnataka wants to create over 1 lakh jobs

India’s first toy manufacturing cluster in Karnataka wants to create over 1 lakh jobs Karnataka Chief Minister BS Yediyurappa on Saturday laid the foundation stone for the country’s first ‘toy manufacturing cluster’ in Koppal district’s Bhanapur village where 400 acres of land has been allocated to establish plug-and-play manufacturing units at a cost of $545 […]

Labour Law

Labour Ministry likely to give shape to National Employment Policy

Labour Ministry likely to give shape to National Employment Policy The Ministry of Labour and Employment is likely to give a shape to the National Employment Policy (NEP) by December this year following the implementation of four labour codes and completion of four major surveys, including one one migrant workers. The NEP will draw a […]

C-Suite Move

Ericsson strengthen leadership team appoints new CEO

Ericsson strengthen leadership team appoints new UK and Ireland CEO Ericsson is set to strengthen it’s 5G leadership with the appointment of Katherine Ainley as Chief Executive Officer (CEO) for the United Kingdom and Ireland, effective 1 February 2021. Ainley will join Ericsson from BT where she has held a number of senior executive positions […]

Flipkart partners with Logistics Skill Sector Council and KSDC

Flipkart partners with Logistics Skill Sector Council and KSDC Walmart-owned Flipkart on Thursday said it has signed an agreement with the Logistics Skill Sector Council (LSC) and Karnataka Skill Development Centre (KSDC) to set up a Centre of Excellence (CoE) in Bengaluru for building skilled and trained workforce for the e-commerce industry in India. Introduced to augment […]

BSNL Employees Union urges CMD to hold regular interactions for company’s revival

BSNL Employees Union urges CMD to hold regular interactions for company’s revival BSNL Employees Union has urged the company’s chairman and managing director to hold regular interactions with the unions, like his predecessor did, for early revival of the loss-making public sector firm. BSNL CMD PK Purwar, however, said he keeps meeting unions, employees and […]

TCS sees strong year ahead as remote work drives cloud demand

TCS sees strong year ahead as remote work drives cloud demand Tata Consultancy Services (TCS) on Friday reported higher December-quarter profit and predicted stronger growth ahead, as India’s top IT firm benefits from greater demand for its cloud services during the COVID-19 pandemic. The results kick off India’s corporate earnings season for a seasonally weak […]

C-Suite Move

Capgemini appoints new Group Chief Operating Officer

Capgemini appoints Olivier Sevillia as its new Group Chief Operating Officer Capgemini has announced the appointment of Olivier Sevillia as its Group Chief Operating Officer, effective January 1, 2021. In this role Olivier is responsible for the Group’s strategic business units and sales, with a focus on applying the Group’s deep and broad industry expertise to […]

TCS continued growth momentum, Employee Attrition rate dips to lowest

TCS Q3 continued growth momentum. Aims for double-digit growth in FY22. Attrition rate dips to a new all-time low Tata Consultancy Services (TCS), the leading global IT services, consulting, and business solutions organization, reported its consolidated financial results according to Ind AS and IFRS, for the quarter ending December 31, 2020. Highlights of the Q3 Results […]

Demise

IMDR founder and eminent educator Dr. P C Shejwalkar passed away

IMDR founder and eminent educator Dr. P C Shejwalkar passed away The Management expert and eminent educator Dr. P C Shejwalkar passed away on Friday due to old age. He was 92, survived by his wife, a daughter, and son-in-law. Dr. Shejwalkar is known as the father of management education in Maharashtra. He pioneered IMDR […]

C-Suite Move

Flipkart appoints JP Morgan’s Saroj Panigrahi as General Counsel Head of IPO

Flipkart appoints JP Morgan’s Saroj Panigrahi as General Counsel Head of IPO Flipkart appoints Saroj Panigrahi, who was head of JP Morgan’s legal department in India, as its senior vice-president and general counsel as the Walmart, Inc-owned e-commerce giant readies for a proposed initial public offering (IPO) this year or 2022. Bijoya Roy, who has led […]