(IANS): Two government-owned general insurance companies – National Insurance Company Ltd and Oriental Insurance Company Ltd. have not recruited a single person for the last four/five years, Parliament was told. The Delhi headquartered Oriental Insurance has not hired any fresh employee for...
Kotak Mahindra Bank (“KMBL”/Kotak) announced the elevation of Chetan Savla to the position of Chief Human Resources Officer (CHRO) and Head Sustainability. Chetan Savla is a postgraduate from IIM Ahmedabad, with over 31 years of experience, including over 28 years with the Kotak group. He has...
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50% of Indian firms focus on hiring contract workers amidst mass layoffs: Spectrum Talent Management
Spectrum Talent Management, a one-stop solution for global-local human talent management have recently released a report, which reveals about 50% inclination of firms towards contract hiring due to the expected downward market slump amidst mass layoffs. Businesses do not have the bandwidth to...
The majority of the top companies in the world are on a layoff spree, especially the IT giants. Tens of thousands of employees have been laid off, even at once by some companies. The employment sector is in shambles currently. Cost-cutting, subpar performance and financial difficulties are some of...
(PTI): India registered a marginal drop of 1 per cent in e-recruitment activity in November 2022 compared to the same month last year, as per a report. The foundit Insights Tracker, formerly Monster Employment Index, also said a steady surge was observed month-on-month in key employment industries...
RateGain Travel Technologies announced the elevation of Sahil Sharma as its Chief Human Resources Officer. With around 14 years of experience, till now serving as Senior Vice President and Global Head forHuman Resources, Sharma will continue to be responsible forthe strategic leadership of all...
Shadowfax Technologies has announced the appointment of Mohan Sitaram as Chief Human Resources Officer. “Mohan being well rounded HR professional will help us build our agenda around growth, performance excellence and talent experience. I am confident that he will bring in maturity to the...
Medi Assist Healthcare Services Ltd (Medi Assist), India’s leading insurtech/healthtech and one of the largest health benefits administrators, announced the appointment of Manmohan S. Kalsy as President – Business Operations & HR. Manmohan will be responsible for building a world class...
Rajendra Mehta joins Suzlon Group as Group CHRO. Prior to this appointment, Mehta was associated with Welspun Group as President & Group CHRO. Also read: Ad hoc employee cannot be replaced by another ad hoc employee: J&K HC With rich professional experience of around 28 years in developing...
Jammu and Kashmir High Court in Murad Ali Sajan & Ors. vs. UT of J&K and Ors. W.P. No. 2653/2022, on December 6, 2022,while answering the question as to whether the employer can replace a contractual arrangement with a similar arrangement observed that an ad hoc employee cannot be replaced...
