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Updated on: Jan 2021
Budget 2021: Labour Ministry recommends reducing PF Contribution
Labour Law

Budget 2021: Labour Ministry recommends reducing PF Contribution

Budget 2021: Labour Ministry recommends reducing PF Contribution The Ministry of Labour and Employment has suggested bringing down the rate of contribution by companies towards the pension and provident fund scheme administered by the EPFO in the upcoming union budget 2021. It may increase the take-home salary of the employees but may cause loss to […]

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Industrial Disputes (Gujarat Amendment) Bill, 2020 gets presidential nod
Labour Law

Industrial Disputes (Gujarat Amendment) Bill, 2020 gets presidential nod

Gujarat amendment to Industrial Disputes Act gets presidential nod As per Industrial Disputes Act 1947, establishments having 100 or more workers are required to seek prior permission of the state government before effecting layoff, retrenchment, or closure, while the amendment has raised the employee limit to 300. Gujarat’s amendment to the Industrial Disputes Act that […]

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Over 96% employees at TCS continue to work from home
Jobs

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 […]

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DXC Technology Confirms Acquisition Proposal from Atos
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 […]

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

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 […]

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Labour Ministry likely to give shape to National Employment Policy
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 […]

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Ericsson strengthen leadership team appoints new CEO
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 […]

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Flipkart partners with Logistics Skill Sector Council and KSDC
Jobs

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 […]

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

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 […]

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TCS sees strong year ahead as remote work drives cloud demand
Jobs

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 […]

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Capgemini appoints new Group Chief Operating Officer
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 […]

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