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In a surprising turn of events, Rajesh Nambiar, Chairman and Managing Director CMD of Cognizant In...
EY Global Delivery Services EY GDS has taken a significant step toward addressing Indias tech ski...
Indias ambitious goal of becoming a global AI leader faces a critical hurdle the shortage of skill...
The Employees’ Provident Fund Organisation (EPFO) has witnessed a significant surge in net member additions during June 2024. This growth reflects both increased employment opportunities and the effectiveness of EPFO’s outreach programs. Key Findings from EPFO Total Net Members Added: In June 2024, EPFO added a remarkable 19.29 lakh net members, marking a substantial increase […]
Saarthi AI, an artificial intelligence startup headquartered in Bengaluru, finds itself embroiled in a complex web of financial and legal troubles. The company, which recently underwent mass layoffs in pursuit of profitability, now faces allegations of unpaid salaries and an unusual claim from its CEO, Vishwa Nath Jha. Background: Mass Layoffs and Financial Strain at […]
Wipro, a leading global technology services company, has recently witnessed significant leadership changes. Subha Tatavarti, Chief Technology Officer (CTO), has tendered her resignation, effective from August 16, 2024. This development marks the fourth high-profile departure from what industry insiders have dubbed the ‘Delaporte camp. Wipro CTO Resigns: Background and Context Subha Tatavarti’s Tenure: Subha Tatavarti […]
In a resounding affirmation of its commitment to nurturing talent and fostering a thriving work environment, HCL Technologies (HCLTech) has secured the coveted position of #1 Best Employer for New Grads in the Professional Services category according to Forbes. This recognition is a testament to HCLTech’s unwavering dedication to its employees, especially those embarking on their professional journeys. The […]
Mondelez India, a global leader in the food and beverage industry, joins the world in celebrating International Youth Day 2024. This annual observance recognizes the power and potential of young people and highlights their role in shaping a better future. The theme for this year’s International Youth Day is “From Clicks to Progress: Youth Digital Pathways for […]
As the festive season approaches, the e-commerce sector is gearing up for an impressive hiring spree. According to a report by TeamLease Services, e-commerce companies are set to employ a staggering 10 lakh gig workers and 2.5 lakh contractual staff. These numbers reflect the sector’s robust growth and its pivotal role in job creation. The […]
In a significant stride toward sustainable energy, Reliance Industries Limited (RIL) is poised to inaugurate India’s maiden solar giga-factory during the financial year 2025. This ambitious project underscores RIL’s commitment to green energy and its visionary Chairman, Mukesh Ambani, who is steering the conglomerate toward a cleaner and more resilient future. Reliance Solar Giga-Factory: All-in-One […]
In a significant leap toward bridging the skills gap and fostering inclusive growth, the Skill India Digital Hub (SIDH) has emerged as a transformative force in India’s skilling, education, employment, and entrepreneurship verticals. This comprehensive digital platform, designed to empower millions of Indians, integrates cutting-edge technology with the nation’s aspirations for better opportunities. Unveiling the […]
In a recent survey conducted by Randstad, Microsoft has emerged as India’s most coveted employer brand for 2024. In 2024, the study spanned 32 global markets and surveyed nearly 173,000 respondents, including 3,507 respondents specifically from India. The report sheds light on the factors that drive talent decisions in the Indian job market. Microsoft Leading Top […]
Union Labour Minister Dr. Mansukh Mandaviya has taken proactive steps to expedite the implementation of the Employment-Linked Incentive (ELI) Scheme, which was announced in the Union Budget. The ELI Scheme aims to create over two crore jobs in India within a span of two years. As the country grapples with economic recovery and employment challenges, […]
In a strategic move aimed at staying competitive in an evolving automotive industry, General Motors (GM) has announced significant changes to its salaried performance evaluation and bonus plan. These alterations are designed to attract top talent, reward high achievers, and address underperformance head-on. General Motors: A Shifting Automotive Industry The automotive industry is undergoing a […]
Capgemini, a global leader in consulting, technology services, and digital transformation, has released its first half (H1) 2024 results. Capgemini’s organic free cash flow increased significantly. In H1 2024, it reached €163 million, up by €216 million compared to the previous year. This positive cash flow demonstrates the company’s financial strength and adaptability. The company […]
