News: HR News, Trends & Workplace Insights

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Updated on: Oct 2019

C-Suite Move

IndusInd Bank has finalized the name to take over from CEO Romesh Sobti

Oct 31, 2019

Three Indian-origin CEOs in Harvard Business Reviews top best-performing heads

Three Indian-origin CEOs, Shantanu Narayen, Ajay Banga and Satya Nadella are among the worlds top ...

Press Release

Oct 31, 2019

Latest news: Three Indian-origin CEOs in Harvard Business Reviews top best-performing heads - SightsIn Plus

Cognizant to lay off , employees

IT Major Cognizant plans to lay off at least , mid-senior level employees over the next few quar...

Jobs

Oct 31, 2019

Latest news: Cognizant to lay off , employees - SightsIn Plus

Tata AIG Appoints Jitesh Bawa as Senior Vice President- Human Resources

Tata AIG General Insurance Company Limited appoints Jitesh Bawa as Senior Vice President- Human Reso...

CHRO Move

Oct 30, 2019

Latest news: Tata AIG Appoints Jitesh Bawa as Senior Vice President- Human Resources - SightsIn Plus

Jobs

40,000 telecom jobs at risk over the next six months

The Indian telecom sector is staring at 40,000 job cuts over the next six months. Following the Supreme Court’s verdict asking telcos to pay up Rs 92,641 crore to the department of telecom (DoT) over the AGR (adjusted gross revenues) dispute, telecom companies might have to reduce their workforce by about 20 percent. “The Supreme […]

Oct 30, 2019

Press Release

55 Lakh Workers To Benefit From Delhi Minimum Wages

Delhi Chief Minister Arvind Kejriwal, announced an increase in minimum wages and said that 55 lakh workers to benefit from increased minimum wages notified by Delhi Government after Supreme Court Order. He also announced that the employees will also get dearness allowance for the months of April to September and a Diwali bonus of one […]

Oct 30, 2019

C-Suite Move

S.V. Nathan and Dr. P.V. Ramana Murthy join Josh Bersin Academy as senior faculty from India

S.V. Nathan, Partner and Chief Talent Officer of Deloitte India and Dr. P.V. Ramana Murthy, Executive Vice President & Global Head-HR at Taj Group of Hotels join The Josh Bersin Academy as senior faculty from India. Josh Bersin after his retirement from Deloitte, In May of 2019 launched The Josh Bersin Academy, which he calls […]

Oct 29, 2019

CHRO Move

ITC Infotech appoints new CHRO

ITC Infotech appoints Suchismita Burman as the new Chief Human Resources Officer. She is based out of Bangalore. Suchismita Burman joins ITC Infotech in June 2019 from Deloitte India where she was Vice President- Human Resources since 2015. Prior to Deloitte, she has worked with companies like Cognizant Technology Solutions, Infinite Computer Solutions, AOL, Mercer, […]

Oct 25, 2019

C-Suite Move

Suzlon Energy faces an exodus of Independent Directors due to defaulter status

Suzlon, India’s leading wind turbine manufacturer company has seen an exodus of independent directors recently. All independent Indian directors including bank nominees have resigned from the board over the past two months. According to Business Line reports, Suzlon, India’s leading wind turbine manufacturer, defaulted on payment of Rs 1,169 crore ($172 million) due to its […]

Oct 24, 2019

CHRO Move

Gautam Anand Joins Positive Moves Consulting As Partner

Positive Moves Consulting, a global cross border executive search firm, on Wednesday, 23rd October 2019, announced the appointment of Gautam Anand as a Partner. “Gautam joins Positive Moves from Bharti Airtel where he spent over ten years and was most recently the CHRO” He spearheaded the people agenda during a time of massive industry disruption […]

Oct 23, 2019

C-Suite Move

M&M is likely to announce major leadership changes. Who is next Chief HR?

According to a CNBC report, Mahindra & Mahindra is likely to announce major leadership changes after the company’s board meeting on November 8 or in December. These changes could take effect over the next six months. 34 top executives of Mahindra & Mahindra, under the age of 53, have gone through a future leadership program […]

Oct 23, 2019

Jobs

Wipro’s new plan to deal with employee attrition

IT major Wipro is planning to promote around 5,000 employees in the coming quarters, to check attrition and make the IT firm ready for future demand. “Attrition (rate) has been a good story for us as compared to others. We have given salary hikes and now are looking at a huge number of promotions in […]

Oct 22, 2019

Labour Law

The EPFO may increase the superannuation age and members may get the option to draw pension after 60

According to ET reports, EPFO may soon give members an option to start drawing their pension once they turn 60 instead of 58 currently. The proposal to increase the superannuation age for drawing pension under the scheme is expected to help a beneficiary grow his/her pension kitty, while also aiding the pension fund in reducing […]

Oct 21, 2019

Jobs

Swiggy to hire 3 lakh people in the next 18 months

Swiggy has said that the company plans to bring on board an additional 300,000 delivery executives within the next year and a half. That will take the total headcount to 500,000. At the company’s Tech Conference, Gigabytes which was held on 18th October 2019, Friday, Swiggy’s CEO, Sriharsha Majety expressed confidence over the company’s future […]

Oct 20, 2019

Miscellaneous

BHEL woman employee committed suicide over harassment

A 33 years old woman officer of central public sector company Bharat Heavy Electricals Limited (BHEL) allegedly committed suicide at her residence in Miyapur, Hyderabad on Thursday. In a suicide note, she accused the DGM and six other BHEL employees of mentally harassing her by spying on her. She alleged that they had hacked her […]

Oct 18, 2019

Labour Law

EPFO supports a plan that could allow the switch to NPS

The government is reviewing its proposal to allow private-sector workers to switch between the Employees’ Pension Scheme (EPS) and the National Pension Scheme (NPS). “EPFO has supported Government’s proposal to allow its subscribers switch to the National Pension System but said the move needs to be backed by suitable amendments to the Pension Fund Regulatory […]

Oct 18, 2019