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Indias employment rate improved by ., week ended June CMIE Indias employment rate imp...
HCL Technologies Commences Operations in Sri Lanka, to create over , jobs ...
The salary cuts at Tata Group, approximately - percent, only for senior roles, Vice President le...
Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for the general insurer and health insurers on the handling of claims reported under coronavirus. Where coverage is granted for the treatment of hospitalization expenses, in order to alleviate the hardships that may be caused to the policyholders, all claims reported under coronavirus shall be handled as […]
On Monday, 15 June 2020, Employees Provident Fund Organisation (EPFO) has launched a multi-location claim settlement facility by allowing EPFO offices to settle online claims from any of its regional offices, across the country. All types of online claims –provident fund, pension, partial withdrawal, and claims and transfer claims can be processed under this initiative. […]
Tata Motors Ltd expects to shed about 1,100 temporary jobs at Jaguar Land Rover after it raised the cost-cutting target at its luxury unit by 1 billion pounds ($1.26 billion) to ride out the disruptions caused by the coronavirus outbreak. Tata Motors expects to save 5 billion pounds in costs by March 2021 at its […]
The survey conducted by Telangana Information Technology Association (TITA) revealed that Work from home in the IT sector due to ongoing Covid-19 pandemic is strengthening the family bonding as the techies are spending more time with the family. The survey, which had a sample size of 500 people (43 percent were women) across 150 projects […]
Despite Covid-19, IT major Infosys says that it will go to college campuses for the hiring of freshers According to a Business Standard report, Infosys did not reveal the numbers of freshers it will offer jobs this year, but it may be around the same of last financial year. The company had made 18,000 job offers in the last financial year. Infosys to […]
According to a report by Genius Consultants, India is set to lose around 130 million jobs in the midst of the Covid-19 crisis. In which 40 percent would be from the blue-collar domain. Major job losses, according to the report will be in sectors like aviation, automobile, travel and tourism, food, entertainment, and to […]
Samir Bangara, the co-founder and CEO of digital music platform Qyuki Digital Media, died in a road accident on Sunday morning. According to the police, Bangara’s superbike collided with a truck near Haloli in Manor on the Mumbai Ahmedabad National Highway. Samir Bangara had founded Qyuki along with Shekhar Kapoor and AR Rahman. He was a […]
Shoppers Stop, an Indian department store chain, owned by the K Raheja Corp lays off more than 1,100 employees and closing some of the underperforming stores due to the Covid-19 pandemic and national lockdown. The company has 7,500 employees, and nearly 15% of total staff strength, mostly junior and mid-level staff have been asked to resign […]
According to the ET report, JCB India, India’s largest construction equipment major has laid off almost 400 permanent employees as part of its rationalization of workforce citing falling business volumes as well as the COVID-19 pandemic. The company said in a statement, “The retrenchment includes 80 to 90 persons ranging from a DGM till Vice […]
The Supreme Court of India today asked employers and employees to negotiate and settle between themselves issues relating to the payment of wages amid the COVID-19 lockdown. In the meanwhile, the Court’s earlier order directing that no coercive action be taken against employers with respect to the March 29 notification of the Ministry of Home […]
Consulting firms Deloitte, KPMG, PwC, EY defer salaries and promotions, Partners take pay cuts The Indian arms of the four large consulting and auditing firms, PwC India, Deloitte India, KPMG, and EY India have all decided to defer their employee appraisal cycles, which includes deferring promotions and bonuses, because of the COVID pandemic- CNBC reports. […]
What has long believed to be the future of work as per theories has abruptly become a reality, thanks to something called COVID–19. This word has been creating a sense of dread, anxiety, fear: all sorts of negative feelings in the hearts and minds of people all over the globe. A mysterious virus that has […]
