Industry: HR News, Trends & Workplace Insights

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Updated on: Apr 2022
Mindtree reports high attrition in Q4FY22, added 11,200 people in FY22
Industry

Mindtree reports high attrition in Q4FY22, added 11,200 people in FY22

Mindtree, global technology services, and digital transformation company announced its consolidated results on Monday for the fourth quarter ended March 31, 2022 Mindtree also saw a rise in attrition like its peers TCS, Infosys in the fourth quarter. The company has reported attrition at 23.8 per cent in Q4FY22, up from 12.1 per cent in […]

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Infosys to hire 50,000 freshers in FY23, Salary Hike in this month
Industry

Infosys to hire 50,000 freshers in FY23, Salary Hike in this month

IT major, Infosys said that it has already hired 85,000 freshers both off-campus and on-campus in the financial year 2022 which ended on March 31. Infosys attrition rate reaches 27.7% in the March quarter, up from 25.5% in the December quarter, but the management was confident that attrition was actually down in the last quarter. The […]

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TCS announces salary hike from April 1, will hire 40K freshers in Q1FY23
Hiring

TCS announces salary hike from April 1, will hire 40K freshers in Q1FY23

India’s largest IT services provider company Tata Consultancy Services (TCS) had added over 100,000 employees from campus for fiscal 2021-22. The company has announced to hire 40,000 people from the campus in the first quarter of FY23. The company has added 35,209 employees on a net basis for the fourth quarter ended on March 31, […]

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Air India starts restoring salaries in a phased manner
Industry

Air India starts restoring salaries in a phased manner

Air India is restoring salaries of employees in a phased manner to pre-pandemic levels as the aviation sector is recovering with the decline of Covid-19 cases in the country, according to the airline’s official document on Tuesday. The Indian aviation sector was badly hit due to the pandemic-induced travel restrictions during the last two years […]

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What TCS said in the Q4 earnings call on Hiring and High Attrition
Industry

What TCS said in the Q4 earnings call on Hiring and High Attrition

India’s largest IT services provider, Tata Consultancy Services (TCS) has announced its fourth-quarter results for the financial year 2022. The company has shared its observations and future plans with the media during an earnings call. Rajesh Gopinathan CEO & MD, TCS said, “we’re seeing is a demand-supply mismatch in our industry. Fresher hiring and productive […]

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Andhra Pradesh: Six killed in a fire accident at Chemical Plant, dozen injured
Industry

Andhra Pradesh: Six killed in a fire accident at Chemical Plant, dozen injured

According to PTI report, Six people died in a fire accident in a chemical factory located at Akkireddygudem in Eluru district in Andhra Pradesh and 12 others sustained burns. This incident took place in Porus Laboratories Private Limited at Akkireddygudem in the recently formed district. Rahul Dev Sharma, Superintendent of Police, Eluru, informed that the […]

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Infosys plans Return to Office for employees in 3 phases
Industry

Infosys plans Return to Office for employees in 3 phases

India’s second-largest IT firm, Infosys is looking forward to calling its employees back to the office. The company has devised a three-phase plan. The year 2020 is remembered as the one introducing work from home idea while 2022 will mark its remembrance for work from office policies. Infosys’ CFO Nilanjan Roy has shed some light on their […]

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Maruti Suzuki reports fire incident, 2 people die at Rohtak R&D centre
Industry

Maruti Suzuki reports fire incident, 2 people die at Rohtak R&D centre

Maruti Suzuki India (MSI) on Monday said that two people working with a contract firm died in a fire incident at its research & development centre at Rohtak in Haryana. There was a fire incident that took place on 11 April 2022, Monday afternoon in the company’s Rohtak R&D centre in one of the buildings […]

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Google to invest $9.5 billion in US on offices, to create 12,000 jobs
Industry

Google to invest $9.5 billion in US on offices, to create 12,000 jobs

Alphabet and Google CEO Sundar Pichai on Wednesday announced to invest of approximately $9.5 billion for new offices and data centres in the US this year, creating 12,000 new full-time jobs and thousands more among local suppliers, partners and communities. Pichai said that Google helped provide $617 billion in economic activity for millions of American businesses, nonprofits, creators, developers and publishers […]

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EY is hiring for various roles in India, freshers can also apply
Hiring

EY is hiring for various roles in India, freshers can also apply

EY, the leading global professional services organization has announced that it would be inducting Experienced Professionals, Students & Entry-Level jobs for various roles in India. The company is having multiple openings in the Data Analytics / Data Science / Data Engineer / UiPath / RPA / Cyber Security / Data Architect / .Net Full Stack […]

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TCS has hired more than 35,000 employees in the fourth quarter
Industry

TCS has hired more than 35,000 employees in the fourth quarter

India’s largest software exporter Tata Consultancy Services reported strong quarterly earnings on Monday as demand for digital services brought in orders worth a record $11.3 billion. Net profit at the IT giant rose to 99.26 billion rupees ($1.3 billion) in the three months ending March 31, which was 7.4 percent higher than in the same […]

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BharatPe puts behind Grover episode, posts record growth- CEO Suhail Sameer
Industry

BharatPe puts behind Grover episode, posts record growth- CEO Suhail Sameer

Putting behind the controversy around its co-founder Ashneer Grover, fintech startup BharatPe has posted record growth in the fiscal year ended March 31 and is on track to break even and list on stock exchanges in the next 18-24 months, its CEO Suhail Sameer said. In an interview with PTI, he said while the board […]

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