Industry: HR News, Trends & Workplace Insights

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Updated on: Oct 2021
Air India owner Tata Sons to retain all employees for at least 1 year
Industry

Air India owner Tata Sons to retain all employees for at least 1 year

The new owners of Air India, Tata Sons will have to retain all the employees of the national carrier for at least one year post which they can offer a VRS. The gratuity, pension fund, and post-retirement medical benefits of existing and past employees too would be honoured by the new owner, Civil Aviation Secretary Rajiv Bansal said. […]

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TCS has added 19,690 employees in Q2, Attrition rate increased to 11.9%
Industry

TCS has added 19,690 employees in Q2, Attrition rate increased to 11.9%

Tata Consultancy Services (TCS), the leading global IT services, consulting, and business solutions organization, reported its second-quarter financial results for the quarter ending September 30, 2021. The company has added 43,000 freshers in the first six months of this financial year and plans to hire another 35,000 freshers over the next 06 months of this fiscal. TCS reported attrition of 11.9% in Q2. […]

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Tata Group acquires Air India for Rs 18,000 crore
Industry

Tata Group acquires Air India for Rs 18,000 crore

According to a Reuters report, Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said on Friday, marking the end of years of struggle to privatize the financially troubled airline. Tata Sons, the holding company for the autos-to-steel Tata conglomerate, bid 180 billion rupees ($2.40 billion) […]

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Amazon sued by warehouse workers over COVID-19 screening pay
Industry

Amazon sued by warehouse workers over COVID-19 screening pay

Amazon .com Inc has been accused of violating Colorado state law by failing to pay warehouse workers for time spent undergoing COVID-19 screenings before clocking in at work. Jennifer Vincenzetti, who worked at two Amazon warehouses in Colorado Springs, filed a proposed class action in Colorado federal court on Tuesday claiming the company made workers […]

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Cognizant invites applications for freshers & experienced people hiring
Hiring

Cognizant invites applications for freshers & experienced people hiring

Cognizant, an American multinational technology company that provides business consulting, information technology, and outsourcing services invites applications for freshers & experienced people hiring in India. The company had said earlier while announcing its q2 results for the quarter ending on June 30 that the company will onboard approximately 30,000 new graduates in 2021 and make […]

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Swiggy plans ESOP liquidity events over the next two years
Industry

Swiggy plans ESOP liquidity events over the next two years

Online food ordering and delivery platform, Swiggy has announced that all its employees holding employee stock ownership plans (ESOPs) will be eligible to participate in the two liquidity events over the next two years. This aims to reward its hard-working employees, Swiggy has decided to give its employees an opportunity for wealth creation. Commenting on this […]

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SpiceJet restores employees’ salaries to pre-Covid levels
Industry

SpiceJet restores employees’ salaries to pre-Covid levels

Private airline SpiceJet has restored employees’ salaries to pre-Covid levels on the back of waning Covid 2.0 impact. The airline paid full salaries for the month of September to employees. Besides, salaries were disbursed on the last day of the month, as had been the practice during pre-Covid days. “From September 2021, the company has also reverted […]

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TCS rolls out PAN India hiring drive for entry-level and experienced people
Hiring

TCS rolls out PAN India hiring drive for entry-level and experienced people

Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization has announced PAN India hiring drive for entry-level & experienced people. The company said, “We at TCS cherish talent who believe they can change the world through their unique set of skills and perspectives,” “If you are one of them, then we […]

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Tata Group invites applications for 4,564 open positions
Hiring

Tata Group invites applications for 4,564 open positions

Tata Group, an Indian multinational conglomerate manufacturer of automobiles, airplanes, and other products, headquartered in Mumbai, Maharashtra, India invites applications for 4,564 open positions. The company has created 2,188 open positions in past 30 days and 617 open jobs in the past 7 days. On its advertisement page, the company said, “Experience a fulfilling career, […]

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PwC offers US employees full-time remote work
Industry

PwC offers US employees full-time remote work

Accounting and consulting firm PwC told Reuters on Thursday it will allow all its 40,000 US client services employees to work virtually and live anywhere they want in perpetuity, making it one of the biggest employers to embrace permanent remote work. The policy is a departure from the accounting industry’s rigid attitudes, known for encouraging people to put in late […]

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TCS announces ‘Youth Employment Program’ as CSR initiative in India
Corporate Social Responsibility

TCS announces ‘Youth Employment Program’ as CSR initiative in India

Tata Consultancy Services (TCS) opens a unique new track in the flagship Youth Employment Program (YEP) in India as a CSR initiative under the TATA Affirmative Action Program. The company said in a press release, “India is slowly, but steadily, getting back on its feet from the second wave of COVID-19 and many have lost […]

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Blue Star to create 1,500 jobs in Andhra Pradesh
Hiring

Blue Star to create 1,500 jobs in Andhra Pradesh

Air conditioning and commercial refrigeration major Blue Star Ltd on Wednesday said the company would invest around Rs 550 crore over the next few years for setting up a greenfield manufacturing unit at Sri City, in Andhra Pradesh. Blue Star Climatech, a newly formed wholly-owned subsidiary, has commenced construction of the new plant, which will be ‘highly […]

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