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Tata Global Beverages has announced the appointment of Sunil A. DSouza as Managing Director a...
Cognizant has appointed Becky Schmitt as its new Chief People Officer. Her assignment will commence ...
Mahindra amp Mahindra MampM on th Dec, Friday announced a rejig of its top management. These...
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 […]
Cognizant Executive Vice President and Healthcare Head Jeff Heenan-Jalil fired from the company on compliance-related issues. Jalil had joined the Cognizant Healthcare in July 2019. On December 13, Cognizant announced a change of leadership in its healthcare business unit. D K Sinha, Cognizant’s head of North America, who is responsible for all vertical industry segments, will […]
Datamatics Global Services (DGSL) has announced the appointment of Dr. Rima Ghose Chowdhury as Executive Vice President & Chief Human Resources Officer (CHRO). She will lead the Datamatics HR functions globally, which has more than 10,000 employees and operations in the US, India, Europe, and the Philippines. Commenting on her appointment, Rahul Kanodia – Vice […]
Economic times reports, NEC Corporation is planning to more than double its revenue to $1 billion within five years in India led by offshore support centers, smart city project, and 5G, and plans to hire 14,000 employees to support growth in India and the US, European and Asian countries. According to media reports, the company has been involved in India’s Aadhar […]
Whirlpool India Managing Director Sunil D’Souza has resigned and would be replaced by Vishal Bhola. D’Souza’s resignation will be effective from April 3, 2020, The company statement. The board of the company, in a meeting held on Monday, accepted the “resignation of Sunil D’Souza, Managing Director of the company who has decided to pursue interests […]
According to Telegraph, Tata Motors rules out job cuts and not looking to reduce the workforce due to the ongoing slowdown in the domestic market because the company expects things to get better amid a wave of new products lined up for the launch over the next few months. According to its website, the automobile […]
