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Updated on: Jan 2021
TCS becomes the world’s most valued IT Company, overtakes Accenture
Industry

TCS becomes the world’s most valued IT Company, overtakes Accenture

TCS becomes the world’s most valued IT Company, overtakes Accenture India’s biggest IT services major Tata Consultancy Services (TCS) on Monday again became the most valued company in its sector globally, overtaking Accenture. In the process, it also became India’s most valuable company, overtaking Reliance Industries after 11 months. TCS’s market capitalization crossed $169.9 billion inches ahead of rival Accenture. […]

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ESIC scheme adds 9.33 lakh new members in November
Jobs

ESIC scheme adds 9.33 lakh new members in November

ESIC scheme adds 9.33 lakh new members in November Around 9.33 lakh new members joined the ESIC-run social security scheme in November against 11.99 lakh in the previous month, official data showed on Monday, giving perspective on formal sector employment in the country. The latest data is part of a report released by the National […]

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TCS, Infosys, and Cognizant join WEF coalition to tackle workplace racism
Jobs

TCS, Infosys, and Cognizant join WEF coalition to tackle workplace racism

TCS, Infosys, and Cognizant join WEF coalition to tackle workplace racism Indian IT majors Infosys and TCS on Monday joined global giants like Microsoft, Facebook, Google, and Bank of America in an international coalition launched by the World Economic Forum to tackle racism in workplaces. Announcing the coalition during its week-long online Davos Agenda Summit, the WEF said it would work towards improving […]

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Payroll Reporting in India – A Formal Employment Perspective
Jobs

Payroll Reporting in India – A Formal Employment Perspective

Payroll Reporting in India – A Formal Employment Perspective The Central Statistics Office (CSO), Ministry of Statistics and Program Implementation has released the report on Employment Outlook of the country covering the period September, 2017 to March, 2018. It is based on the administrative records available with selected government agencies to assess the progress in […]

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Your Salary Hike and Increments in 2021
Jobs

Your Salary Hike and Increments in 2021

Almost 90% of companies planning salary hikes in 2021- Aon India Survey In what may bring some cheer to the pandemic-hit India Inc’s workforce, global professional services company Aon’s latest Salary Trends Survey in India has projected that 87 per cent of the surveyed companies plan to give salary hikes in 2021. The share of companies projected to offer […]

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Canada Governor General Julie Payette quits over workplace harassment
Jobs

Canada Governor General Julie Payette quits over workplace harassment

Canada Governor General Julie Payette quits over workplace harassment Governor General Julie Payette, Queen Elizabeth II’s representative in Canada, resigned Thursday ahead of the release of a reportedly scathing report on workplace harassment claims levelled against her office. The independent review had been ordered by the government last July when allegations of a “toxic” climate at Rideau […]

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General Motors warns Maharashtra’s move to block its exit could hit investment
Jobs

General Motors warns Maharashtra’s move to block its exit could hit investment

An Indian state’s move to block General Motors (GM) from shutting a plant and exiting the country defies the state’s business friendly image and sends a “concerning message” to potential future investors, the U.S. automaker said on Friday. GM’s comments came after authorities in Maharashtra earlier this week rejected the automaker’s application to cease operations […]

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About 500 Airbus staff under quarantine after Hamburg COVID-19 outbreak
Coronavirus

About 500 Airbus staff under quarantine after Hamburg COVID-19 outbreak

About 500 Airbus staff under quarantine after Hamburg COVID-19 outbreak Airbus said on Sunday about 500 of its staff had gone into quarantine after 21 workers at its aircraft factory in Hamburg tested positive for the new coronavirus. The company said the staff had been asked to stay at home as a precautionary measure and […]

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Govt may announce formulation of policy for toys sector in Budget 2021
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Govt may announce formulation of policy for toys sector in Budget 2021

Govt may announce formulation of policy for toys sector in Budget 2021 The government may in the Budget next week announce formulation of a dedicated policy for the toys sector to boost domestic manufacturing, sources said. They said the policy will help in creating a strong ecosystem for the industry in the country and also […]

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Quantum Advisors appoints Piyush Thakkar as CEO, Arvind Chari as CIO
C-Suite Move

Quantum Advisors appoints Piyush Thakkar as CEO, Arvind Chari as CIO

Quantum Advisors appoints Piyush Thakkar as CEO, Arvind Chari as CIO Investment manager Quantum Advisors on Friday announced the elevation of Piyush Thakkar as the new Chief Executive Officer and Arvind Chari as the new Chief Investment Officer. The elevation marks the splitting of the positions of Managing Director, Chief Executive Officer, and Chief Information Officer as a […]

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Cabinet approves closure of Scooters India Plant
Industry

Cabinet approves closure of Scooters India Plant

Cabinet approves closure of Scooters India Plant Scooters India, the company that manufactured famous scooters like Lambretta and Vijai Super will be shut down after the Cabinet gave its nod to a proposal to close the loss-making state-owned firm, sources said. The Cabinet Committee on Economic Affairs (CCEA) is believed to have given consent to shutting down of Lucknow-based Scooters […]

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