News: HR News, Trends & Workplace Insights

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Updated on: Jan 2020
People Analytics is the future of HR in India: LinkedIn Report
Survey & Report

People Analytics is the future of HR in India: LinkedIn Report

Almost 92% of talent professionals in India consider ‘People Analytics’ to pave the way for the future of HR and recruiting while 95% of them believe employee experience will shape the future of HR in 2020.- LinkedIn Report The report looks at survey results from 7,000 talent professionals, platform data, and interviews with leaders to […]

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Flipkart to acquire Walmart’s cash-and-carry biz in India
Merger & Acquisition

Flipkart to acquire Walmart’s cash-and-carry biz in India

According to the Entrackr report, Flipkart Group is set to acquire the loss-making wholesale cash-and-carry business of its controlling firm and US retail behemoth Walmart in India. Flipkart group which currently manages Flipkart and Myntra will, however, fulfill all regulatory requirements of its Walmart deal and serve as a subsidiary group to the company. However, […]

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Hexaware Technologies appoints Dr. Vishwanath Joshi as new Chief People Officer
CHRO Move

Hexaware Technologies appoints Dr. Vishwanath Joshi as new Chief People Officer

Hexaware Technologies announces the appointment of Dr. Vishwanath Joshi as Chief People Officer. He replaces Amberin Memon who retired after serving 25 years in the company. In his new role, Dr. Joshi will be responsible for providing a strategic direction to all the people processes and programs and align them to a high growth business […]

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A glimpse of the proposed Social Security Code 2019
Labour Law

A glimpse of the proposed Social Security Code 2019

Reformation of labour legislations in India is continued after notifying the Code on Wages as an Act. The Code on Social Security, The Code on Industrial Relations and The Code on Occupational Health and Safety are introduced in Lok sabha and expected to be implemented in early 2020. The Code on Social Security will amend […]

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Flipkart appoints Krishna Raghavan as new Chief People Officer
CHRO Move

Flipkart appoints Krishna Raghavan as new Chief People Officer

According to an email sent by CEO Kalyan Krishnamurthy to company executives, Krishna Raghavan will be the new Chief People Officer from April 2020. Currently, Krishna Raghavan is working as Senior Vice President of Engineering, Fulfillment, and Services Group (FSG Tech) at Flipkart. As Chief People Officer, Krishna will be responsible for people, talent, and rewards, and report to […]

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EPFO added a new online feature to make Transfer and Claim process simpler
Labour Law

EPFO added a new online feature to make Transfer and Claim process simpler

According to a Livemint report, The EPFO has launched a new online feature ‘date of exit’ on the EPF portal wherein employees can update their date of exit for the previous organizations they have worked with. The date of exit needs to be updated on the EPFO portal for employees to transfer the funds online […]

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Hindustan Coca-Cola appoints Melvin Tan as new Chief Financial Officer
C-Suite Move

Hindustan Coca-Cola appoints Melvin Tan as new Chief Financial Officer

Hindustan Coca-Cola Beverages (HCCB) announced Melvin Tan as its new chief financial officer, who will also be part of its senior leadership team reporting to chief executive Christina Ruggiero. In his new role at HCCB, Melvin will be responsible for strategic financial planning & analysis, commercial finance, cost management, business processes, treasury, tax, internal controls, […]

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Armaan Seth resigned from Philips to join Syngenta as Head-HR Asia Pacific
CHRO Move

Armaan Seth resigned from Philips to join Syngenta as Head-HR Asia Pacific

Former Head-Human Resources, Philips India, Armaan Seth joins Syngenta as Head-HR Asia Pacific and he will be based in Singapore. Syngenta AG is a global company that produces agrochemicals and seeds and is based in Basel, Switzerland. As a biotechnology company, it conducts genomic research. It was formed in 13 November 2000 by the merger of Novartis Agribusiness and Zeneca Agrochemicals. With 28,000 […]

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Samsung to set up India’s 1st mobile display manufacturing plant in Noida
Industry

Samsung to set up India’s 1st mobile display manufacturing plant in Noida

Samsung is investing $500 million to set up a new plant in Delhi/NCR for manufacturing smartphone displays. The company finally got the green light from the Indian government and will proceed with the investment in April 2020. The new plant will be worth $500 million and will be located in Noida – close to Samsung’s […]

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Zomato acquires Uber Eats
Merger & Acquisition

Zomato acquires Uber Eats

Food apps Uber Eats announced that Zomato has acquired the app and they will no longer function in India. As per a report published on Bloomberg, the deal has been valued at 172 million dollars and Zomato will give Uber 9.99 per cent ownership. Announcing the acquisition of the official handle of Uber Eats tweeted, […]

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Data science jobs in India to increase to 1.5 lakhs in 2020
Jobs

Data science jobs in India to increase to 1.5 lakhs in 2020

India is set to witness 1.5 lakh new openings for data science this year, which is an increase of about 62% from last year, according to a report prepared by Great Learning, ed-tech company. The majority of these jobs, 70% of total postings in this sector are for Data Scientists with less than five years […]

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IMF cuts India’s FY20 growth forecast to 4.8%
Survey & Report

IMF cuts India’s FY20 growth forecast to 4.8%

The International Monetary Fund (IMF) on 20th Jan 2020, Monday revised downward India’s gross domestic product (GDP) growth projection to 4.8 percent for the financial year 2020 (FY20) and to 5.8 percent for FY21. The global financial institution attributed the current slowdown in the country to stress in the non-bank financial sector and weak rural […]

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