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Technology giant IBM on Wednesday announced that it is working to establish a Software Lab in Kochi....
Chinese telecom gear maker Huawei on Tuesday announced that it will invest USD million in Asia p...
Capgemini, a French multinational information technology services and consulting company has announc...
Health technology and consumer durables company, Philips plans to invest more than Rs.300 crore and hire 1,500 people in India over the next one or two years. Philips global CEO Frans Van Houten said in a statement, “The company will invest as much as Rs 300 crore in India. It also plans to hire 1,500 […]
Qantas Airways is temporarily idling about 2,500 employees without pay for at least two months in a bid to cope with fresh COVID-19 restrictions in Australia slashing domestic travel demand. The decision will directly impact domestic pilots, cabin crew, and airport workers, mostly in New South Wales, the airline said on Tuesday, adding that no […]
Tata Consultancy Services (TCS) has announced its Q1 results of FY22 last month. According to the first-quarter results, over 43,000 employees in TCS resigned in the last 12 months. The attrition rate was reported at 8.6%. Currently, TCS has a total headcount of 509,058. The company has crossed the 5.0 lakh milestone in the total workforce. […]
Pokarna Engineered Stone Limited, a subsidiary of Pokarna Ltd on Friday said it has established a state-of-the-art quartz surfaces manufacturing facility, one of the largest in the world, with an investment of Rs 500 crore in Telangana. K T Rama Rao, Minister for Industries and Information Technology, is scheduled to inaugurate the new plant on Saturday, a […]
Tata Motors lost 91 people from its ecosystem due to COVID-19 and it “will do everything” it can to support their families, company Chairman N Chandrasekaran said on Friday. Even after enduring “the fiscal year 2021” which has been “amongst the most challenging to date”, the company is on track to become a zero-debt company by the financial […]
Diageo India has announced a 26-week parental leave policy to all employees, regardless of gender, after birth/adoption of a child. The policy is effective from July 30, 2021. The policy offers all eligible employees a 26-week parental leave, comprising all benefits and bonuses, irrespective of gender or sexual orientation. This policy includes surrogacy, adoption, and biological conception. […]
The US-based information technology (IT) consulting company Cognizant, one of the world’s leading professional services companies has announced its first-quarter 2021 financial results on July 28, 2021. Cognizant’s attrition for the first quarter escalated to a record high of 31%, of which 29% was voluntary attrition. The company has a total headcount of 301,200. A rough calculation shows […]
Uber Technologies Inc is pushing back its back-to-office date to late October globally, and all employees in the United States will have to be fully vaccinated before returning to office, a spokesperson said on Thursday. The news comes a day after major tech companies including Twitter Inc, Alphabet Inc’s Google and Facebook Inc said all U.S. […]
Yesterday, IT services provider, Tech Mahindra has announced its Q1 results for the financial year 2022. The company has reported 30.8% rise in its net profit for the first quarter of fiscal 2022 at Rs 1,353.2 crore as against Rs 1,081.4 crore in the quarter ended March 2021. The company has added 5,200 employees in the […]
Cognizant, one of the world’s leading professional services companies, yesterday has announced its second-quarter 2021 financial results. Revenue of $4.6 billion grew 14.6% year-over-year (12.0% in constant currency(1)) Digital revenue grew approximately 20% year-over-year $1.5 billion deployed on acquisitions, share repurchases and dividends year-to-date 2021 revenue growth guidance increased to 10.2-11.2%, or 9.0-10.0% in constant […]
Google is postponing a return to the office for most workers until mid-October and rolling out a policy that will eventually require everyone to be vaccinated once its sprawling campuses are fully reopened. The announcement Wednesday came as the more highly contagious delta variant is driving a dramatic spike in COVID-19 cases and hospitalizations. In an […]
In wake of COVID-19 outbreak, Bajaj Capital, an investment services company with Pan India presence has announced Zero Human Touch Attendance System for all employees of the organisation. The company has put in place a 100 per cent App-based attendance system for the employees at PAN India level i.e. its 200+ plus branches and HO […]
