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State Bank of India introduces a new voluntary retirement scheme State Bank of India SBI, has anno...
On Wednesday, Hitting a reset on civil services, the union cabinet approved Mission Karmayogi, a meg...
Cognizant to acquire Chicago-based cloud specialist firm th Magnitude Cognizantnbspannounced tha...
Labour Ministry releases Consumer Price Index for Industrial Workers, July 2020 The Labour Bureau, an attached office of the M/o Labour & Employment, has been compiling Consumer Price Index for Industrial Workers every month on the basis of the retail prices of selected items collected from 289 markets spread over 78 industrially important centres in […]
L&T announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric Larsen & Toubro (L&T) on Monday announced the completion of its electrical and automation (L&T E&A) business to Schneider Electric, a global player in energy management and automation. The sale—an all-cash deal amounting to nearly Rs 14,000 crore—was announced in […]
IBM appoints Nickle LaMoreaux as its new Chief Human Resources Officer (CHRO), Diane Gherson retires Arvind Krishna, CEO, IBM has announced the appointment of Nickle LaMoreaux as Senior Vice President of Human Resources and Chief Human Resources Officer. “Diane Gherson, who has been IBM’s Senior Vice President of Human Resources for the past seven years, […]
Infosys to hire 12,000 American workers in next two years India’s second-largest IT firm Infosys on Tuesday said it plans to hire 12,000 American workers over the next two years, taking its hiring commitment in the country to 25,000 over five years. In 2017, Infosys had committed to hiring 10,000 American workers over two years […]
PhonePe to expand its business, create 10,000 jobs Walmart-owned PhonePe said in a statement that it will enable digital payments for over 25 million small merchants in the next one year. It plans to reach 5,500 talukas through its merchant acquisition team that will help generate over 10,000 jobs in semi-urban and rural areas. PhonePe […]
Cadila Pharmaceuticals appoints Thiru A Thirunavukkarasu as Global President- Human Resources Thiru A Thirunavukkarasu, popularly known as A Thiru, ex-President – Corporate HR of JK Organisation (EZ) joins Cadila Pharmaceuticals Limited as Global President- Human Resources. With over three decades of experience in human resources, Thiru provides strategic HR insights and pragmatic solutions to the […]
Tata Motors will not give increment, deducts variable pay for FY21 India’s largest automaker Tata Motors has informed its employees that there will be no annual increment for the ongoing financial year (FY21) and will also deduct variable pay performance-linked incentive by 25% as part of a cost improvement program to reduce cost and CAPEX spends. According to the […]
At least 150 to 200K IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19 At least 150,000 to 200,000 IT/ITeS employees are likely to lose their jobs over the next few quarters due to Covid-19, Business Standard reports. The Indian IT and BPM sector employs around 4.4 million people, directly […]
Reliance Retail is acquiring Future Group’s retail business for INR 24,713 crore Reliance Retail Ventures Limited (RRVL), subsidiary of Reliance Industries Limited, on Saturday, announced that it is acquiring the Retail & Wholesale Business and the Logistics & Warehousing Business from the Future Group as going concerns on a slump sale basis for lumpsum aggregate […]
The Government of India has released the New guidelines of Unlock 4.0 on Saturday, 29 August. The MHA order allows certain phased re-opening of activities in the fourth round of unlocking, it has continued to extend lockdown in containment zones till September 30. The Union Ministry of Home Affairs says that the new guidelines are based on feedback […]
DXC in India has hired approximately 5000 campus graduates this year and 50% of them are women DXC Technology today announced that it has onboarded 500 women hires in a single day in India. The new women joiners come from leading institutes and engineering campuses across India to begin their professional careers across a variety […]
Airbnb says employees can opt to work remotely until August 2021 Short-term home rental company Airbnb said on Wednesday, Aug 26 its employees could choose to work remotely through the end of August 2021, even if some of its offices reopened as COVID-19 restrictions ease. The company said it would provide a US$300 stipend for […]
