Innoviti, a commerce platform has brought in Navneeth Sulakhe as its new Senior Vice President of Human Resources, to help further the vision of building a strong team to drive innovation. Mr. Sulakhe comes with over two decades of experience as a strategic and innovative HR leader. In his most...
KPMG Survey titled 2022 CEO Outlook has revealed that 46 percent are considering job cuts over the next 6 months while 39 percent of CEOs have already implemented a hiring freeze . The KPMG asked more than 1,300 CEOs at the world’s largest businesses about their strategies and outlook. The survey...
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Order of termination approved by industrial tribunal is binding on parties, Labour Court can’t take contrary view: SC
The Supreme Court of India recently observed that an order of termination approved by an Industrial Tribunal is binding on the parties and a Labour Court cannot take a contrary view against it. Highlighting this, a Bench of Justices MR Shah and Krishna Murari observed, “Once the order of...
(Bloomberg): India’s unemployment rate dropped to the lowest in more than four years in September, buoyed by a strong rise in new jobs, according to a private research firm. The jobless rate sharply fell to 6.43%, data from the Centre for Monitoring Indian Economy Pvt. showed. The reading is the...
(IANS): Top IT and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their joinings by nearly three-four months. According to reports, hundreds of freshers were given offer letters but first the joining of those candidates were...
(PTI): Ford India, the subsidiary of the US car maker Ford on Saturday said it has concluded negotiations on the ‘severance settlement package’ with the employees of its manufacturing plant near here, a year after it announced that it would exit the Indian market as part of the company’s...
Union Bank of India on saturday 1st Oct. launched the Union Learning Academies, a network of nine learning and development “Centers of Excellence” (CoEs) (ULAs). Ms. A. Manimekhalai, MD & CEO, launched the academies today in Mumbai as part of Union Prerna, the bank’s renowned HR Transformation...
(IANS): The attrition rate in the IT-BPM sector in India is reaching gigantic proportions and up to 22 lakh IT professionals are likely to quit their jobs by 2025, a report has said. The findings showed that 57 per cent of IT professionals would not consider returning to the IT services sector in...
Abraham Joseph has joined Wistron Manufacturing India Pvt. Ltd. as Director Human Resources. He has confirmed this development through a social media post. Prior to this appointment, Abraham Joseph was associated with Johnson Matthey as Head of Human Resources for about 4.2 years. Also read:...
Avinash Yogeshwar has joined Mahindra Manulife Mutual Fund as Head of Human Resources. He has confirmed this development through a social media post. Also read: NEPOLIYAN A joins Varun Beverages as Deputy General Manager – HR Prior to this appointment, Avinash Yogeshwar was associated with...
