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ThenbspUP Governmentnbsphas cleared the land possession disputes for PepsiCos new plant in the ...
Cognizant plans to layoff nearly senior employees whose annual salaries between Rs lakh and R...
Quick Heal Technologies Limited has appointed Reetu Raina as its Chief Human Resource Officer. In he...
On 20th December, Google has announced to hire nearly 3,800 “in-house” employees in 2020 at various sites including in India who will provide customer care support. To date, customer and user support, such as answering calls, product troubleshooting and campaign set-up, has often been supplied by third-party companies on Google’s behalf. Troy Dickerson, Vice President, […]
As per a report in Business Standard, The government is planning to implement all the four labour codes on a single date in 2020-21 because the government believes that a single date for the implementation of all the four labour codes will be fruitful because it will ensure uniformity and will lead to efficient execution. […]
Tata Global Beverages has announced the appointment of Sunil A. D’Souza as Managing Director and CEO. D’Souza is currently Managing Director at consumer durables maker Whirlpool of India Ltd. He will assume this role with effect from 4th April 2020, subsequent to the retirement of Ajoy Misra, who is currently the MD & CEO of […]
Cognizant has appointed Becky Schmitt as its new Chief People Officer. Her assignment will commence on February 1, 2020, after the current CPO James Lennox retires. The announcement was made by Cognizant Chief Executive Officer Brian Humphries in an e-mail to employees. Becky is currently the senior vice president and Chief People Officer at Sam’s […]
Mahindra & Mahindra (M&M) on 20th Dec, Friday announced a rejig of its top management. These changes include the following: With effect from 1st April 2020, Anand Mahindra will transition to the role of Non-Executive Chairman of the Board of Mahindra & Mahindra Ltd. This is in accordance with the SEBI guidelines. This will further enhance the independence […]
Gurugram-based Female wellness startup ‘Azah’ has raised an undisclosed amount in Pre-Series A funding from Indian e-commerce player Snapdeal’s co-founders Kunal Bahl and Rohit Bansal. Speaking on this investment, Kunal Bahl, Snapdeal Co-founder, said “Wellness products and solutions are a nascent and fast-growing category. Spurred by the vast reach of online commerce, awareness, and demand […]
The war for tech talent is going to get intense in FY21. India’s top five IT services companies – Tata Consultancy Services (TCS), Infosys, HCL Technologies, Wipro and Tech Mahindra are expected to account for more than 40% of the industry’s total recruitment in fiscal 2021. According to the ET report, India’s technology sector is […]
Oyo Hotels and Homes is planning to layoff about 2,000 employees pan India across functions by the end of January 2020. The divisions like sales, supply, and operations will account for a chunk of the layoffs. According to the company, layoffs are intended to save manpower costs and make some of its processes “more tech-enabled”. […]
BMW Financial Services India appoints Kathrin Frauscher as the new Managing Director and Chief Executive Officer. -PTI Prior to this, Frauscher was working as the CEO of BMW Financial Services in Denmark and has been associated with the BMW Group since 2007. She has also worked as the Head of Sales Performance for BMW Financial Services in […]
Intel, a leader in the semiconductor industry is expanding U.S. paid leave benefits to better support employees during life’s critical moments w.e.f from Jan. 1, 2020. These changes are part of Intel’s holistic, comprehensive and inclusive benefit offerings. “When our employees and their families are supported, they perform at their best. We strive to care […]
NCLAT holds N Chandrasekaran’s appointment as Tata Sons Chairman illegal and restores Cyrus Mistry as chairman of Tata Group. In a big blow to the Tata Sons Ltd, the National Company Law Appellate Tribunal (NCLAT) on Wednesday, 18th Dec 2019, held that appointment of N Chandrasekaran as Executive Chairman of Tata Sons as illegal. It […]
Definition of Wages Definition of Wages under the Code is defined as all remuneration whether by way of salaries, allowances or otherwise. This includes – basic pay, dearness allowance and retaining allowance, if any. However, it excludes certain specified compensation items such as value of housing accommodation, conveyance allowance, leave travel allowance etc. If the […]
