Press Release: HR News, Trends & Workplace Insights

Explore the latest Press Release news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Aug 2024
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EPFO Witnesses Surge in New Establishment Registrations
EPFO

EPFO Witnesses Surge in New Establishment Registrations

The Employees’ Provident Fund Organisation (EPFO) has reported a substantial surge in new establishment registrations from the financial year 2019-20 to 2023-24. This upward trend reflects the success of government policies and initiatives aimed at promoting business formalization and generating employment opportunities across India. Impressive Growth Figures The EPFO’s data reveals a remarkable trajectory: Digitization […]

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State Officials to Undergo Training on New Labour Codes: Centre
Press Release

State Officials to Undergo Training on New Labour Codes: Centre

To acquaint state governments with the recently introduced labour codes, the Ministry of Labour & Employment is gearing up to conduct a comprehensive training workshop for state government labour officials. According to reliable sources, this workshop aims to address the challenges posed by the new labour codes and ensure a smooth nationwide rollout. During discussions […]

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Union Minister Chairs Roundtable on Employment Data
Employment

Union Minister Chairs Roundtable on Employment Data

Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, presided over a significant inter-ministerial roundtable in New Delhi today. The central focus of this high-level meeting was to establish a systematic approach for recording comprehensive employment data. This is a critical outcome of various government schemes, programs, and projects. Through […]

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ESIC Initiatives: Strengthening Social Security for Workers
Press Release

ESIC Initiatives: Strengthening Social Security for Workers

The Employees’ State Insurance Corporation (ESIC) plays a crucial role in providing social security benefits to workers across India. In recent times, ESIC has undertaken several strategic measures to improve the functioning of the ESI scheme, ensuring better coverage and enhanced services for employees. ESIC has revised the rates of benefits for Permanent Disablement Benefit […]

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EPFO has 3 Schemes to Boost Employment under Budget 2024-25
EPFO

EPFO has 3 Schemes to Boost Employment under Budget 2024-25

The Union Budget 2024-25 was released on July 23, 2024 with major initiatives for EPFO employees. In her Budget speech, Union Finance Minister Nirmala Sitharaman announced three employment-linked incentive schemes. These are aimed at increasing hiring and recognizing the contributions of first-time employees. These schemes are closely tied to enrolment in the Employees’ Provident Fund […]

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Deloitte 2024: Gen Z & millennials grappling with climate anxiety
Press Release

Deloitte 2024: Gen Z & millennials grappling with climate anxiety

Deloitte, a multinational professional services network, has recently released a 2024 Survey on Gen Z and Millennials: Living and working with purpose in a transforming world. The 13th edition of Deloitte’s Gen Z and Millennial Survey connected with nearly 23,000 respondents across 44 countries to track their experiences and expectations at work and in the world […]

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Tech Mahindra Q1 FY25 Highlights: Key HR Insights, and Trends
Press Release

Tech Mahindra Q1 FY25 Highlights: Key HR Insights, and Trends

Yesterday, Tech Mahindra, a leading global IT services and consulting company, released its financial results for the first quarter of fiscal year 2025. Headcount & Attrition at Tech Mahindra The company added 2,165 employees in Q1FY25, raising the total headcount to 147,620, which is an increase from the 145,455 employees in Q4FY24. However, this is […]

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HCLTech and upGrad Enterprise: Job-Aligned Skilling Programs
Partnership

HCLTech and upGrad Enterprise: Job-Aligned Skilling Programs

HCLTech, a global technology giant, and upGrad Enterprise, the corporate skilling division of upGrad, have joined forces. Together, they aim to bridge the skills gap by offering industry-relevant and job-aligned learning experiences. Key Highlights HCLTech’s Career ShaperTM edtech platform, built on domain-specific expertise, will merge with upGrad Enterprise’s skilling expertise. In addition to enterprise learning […]

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FM’s Vision for a Skilled India: Reactions on Union Budget 2024-25
Press Release

FM’s Vision for a Skilled India: Reactions on Union Budget 2024-25

On July 23, Finance Minister Nirmala Sitharaman released the Union Budget for 2024-25. This budget is her seventh consecutive one, and it’s all about making our economy stronger, ensuring financial stability, and launching important projects to boost development. FM Sitharaman made some important announcements for internships and skilling of the youth of the nation. A […]

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India’s Gig Economy to expand to 2.35 cr by 2029-30
Employment

India’s Gig Economy to expand to 2.35 cr by 2029-30

The gig economy where work transcends traditional employer-employee relationships is seeing massive growth. In India, with its half-a-billion-strong labor force and a tech-savvy, smartphone-wielding population, the gig economy is not just a trend; it’s a seismic shift. The Gig Economy in Numbers Factors Driving the Gig Economy The rise of this work owes much to […]

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Signify Launches Global Digital Centre in Bengaluru
Industry

Signify Launches Global Digital Centre in Bengaluru

Signify, the world’s leading lighting company, has inaugurated its state-of-the-art Global Digital Centre in Bhartiya City, Thanisandra, Bengaluru. This strategic move testifies Signify’s commitment to digital transformation, innovation, and sustainability. Signify Global Digital Centre: Key Highlights The Global Digital Centre, part of Signify’s Innovation Labs (SIL), is designed to foster creativity and collaboration. With a […]

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TCS CEO Balances Confidence & Caution in FY25 Growth
Employment

TCS CEO Balances Confidence & Caution in FY25 Growth

Tata Consultancy Services (TCS), India’s largest IT services firm, is treading cautiously in the face of economic uncertainty. While expressing confidence in future growth, TCS CEO K Krithivasan acknowledges that challenges persist. In a recent interview, Krithivasan highlighted “It would not be appropriate to say that the worst is behind us,” Krithivasan remarked.” We do […]

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