News: HR News, Trends & Workplace Insights

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Updated on: Feb 2021
MRF announces bonus for employees after a sharp recovery
Jobs

MRF announces bonus for employees after a sharp recovery

MRF announces one month’s salary as bonus for employees after a sharp recovery in the business Tyre manufacturing giant, MRF limited has announced one month’s salary as a bonus to its employees who didn’t get increments in the year 2020. According to an ET report, “We are disbursing, to all MRF staff who went without […]

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Marriott CEO Sorenson dies after battle with cancer
Demise

Marriott CEO Sorenson dies after battle with cancer

Marriott CEO Sorenson dies after battle with cancer Marriott International Chief Executive Officer Arne Sorenson, who was undergoing treatment for pancreatic cancer, has died, the company said on Tuesday. The first non-family member to head the hotel chain, Sorenson, 62, had earlier this month stepped back from full-time role to treat the cancer that was […]

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Tata Electronics signs MoU, to create 18,250 jobs in Tamil Nadu
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Tata Electronics signs MoU, to create 18,250 jobs in Tamil Nadu

Tata Electronics signs MoU, to create 18,250 jobs in Tamil Nadu Tata Electronics has signed an MoU with the Tamil Nadu government to set up a facility for manufacturing mobile components. The project by Tata Electronics will cost Rs 4684 crores and it helps in creating jobs for 18,250 people. N Chandrasekaran, Chairman of Tata Group said, “Tata […]

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Myntra offers ‘Unlimited Wellness Leaves’ to Employees
Jobs

Myntra offers ‘Unlimited Wellness Leaves’ to Employees

Myntra offers ‘Unlimited Wellness Leaves’ to Employees Online shopping firm, Myntra has introduced certain privileges on leaves, to enable its workforce to enjoy the best of both, work and personal life. All Myntra employees are now entitled to unlimited wellness leaves, that can be availed if one is under the weather. The enhancement in the […]

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Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed CEO
C-Suite Move

Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed CEO

Lakshmi N. Mittal to become Executive Chairman; Aditya Mittal appointed Chief Executive Officer The Board of Directors of ArcelorMittal has announced that Aditya Mittal, currently President, CFO, and CEO ArcelorMittal Europe, will become Chief Executive Officer of the company. Lakshmi N. Mittal, who founded the company in 1976 and is currently Chairman and CEO, will […]

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GE T&D India appoints Mahesh Palashikar as Chairman of the Board
C-Suite Move

GE T&D India appoints Mahesh Palashikar as Chairman of the Board

GE T&D India appoints Mahesh Palashikar as Chairman of the Board GE T&D India Limited (GETDIL) has announced the appointment of Mahesh Palashikar on the Board as Chairman. Mahesh assumes the role of Chairman effective 1 March 2021 and succeeds Vishal K Wanchoo who resigned from Board upon assuming new responsibility with another company, post-retirement […]

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Indian Angel Network plans to invest over Rs 100 cr in start-ups in 2021
Jobs

Indian Angel Network plans to invest over Rs 100 cr in start-ups in 2021

Venture capital consortium Indian Angel Network (IAN) is planning to invest over Rs 100 crore in start-up firms across sectors in 2021, according to a governance committee member and co-founder of the network. IAN co-founder Padmaja Ruparel told PTI that the consortium members will evaluate opportunities in biotechnology, augmented reality, manufacturing and in environment space. […]

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Volvo Car India appoints Jyoti Malhotra as MD
C-Suite Move

Volvo Car India appoints Jyoti Malhotra as MD

Volvo Car India appoints Jyoti Malhotra as Managing Director Volvo Cars India announced the appointment of Jyoti Malhotra as its new Managing Director with effect from March 1, 2021. Currently, he serves as the Director Sales and Marketing, would be the first Indian to head the company in India. Malhotra, who joined the company in […]

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Mismatch of KYC data holds-up EPF interest for 4 mn subscribers
EPFO

Mismatch of KYC data holds-up EPF interest for 4 mn subscribers

Mismatch of KYC data holds-up EPF interest for 4 mn subscribers Retirement fund body EPFO was likely to credit 8.5 per cent rate of interest for 2019-20 in the employees’ provident fund (EPF) accounts of around six crore subscribers in one go on Diwali and then at end of December 2020 but around 4 million subscribers of […]

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TCS Launches Business Unit with Amazon Web Services
Industry

TCS Launches Business Unit with Amazon Web Services

TCS Launches Business Unit with Amazon Web Services Tata Consultancy Services (TCS) has launched a new TCS AWS Business Unit (BU) to further deepen its long-standing relationship with Amazon Web Services (AWS). This is a dedicated group within TCS that brings together the scale, technology expertise, and industry knowledge of the two companies to help enterprise […]

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Aatmanirbhar Bharat Rozgar Yojana: Details you need to know
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Aatmanirbhar Bharat Rozgar Yojana: Details you need to know

Aatmanirbhar Bharat Rozgar Yojana: Details you need to know Aatmanirbhar Bharat Rozgar Yojana (ABRY) has been launched to incentivize employers for creation of new employment along with social security benefits and restoration of loss of employment during COVID-19 pandemic. Under the scheme; An employee drawing monthly wage of less than Rs. 15000/- who was not […]

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