Despite partial restoration of salaries, pilots across airlines remain dissatisfied, throwing challenges for managers.
'Gujaratis, among all Indians, are supposed to be born businessmen, but if more than 80% of them do not have the ability to do basic arithmetic, the future is grim.' 'The big issues are in society and they cannot be changed by an HRD minister no matter how brilliant she may be or think of herself as being,' says Aakar Patel.
'In the coming two-three months, we need to be cautious that there is no upsurge'
'The planning and implementation has gone horribly wrong.' 'What they are doing is in effect, establishing a large cheetah zoo.'
The central bank has nine executive directors, and one of them -- S Karuppasamy -- retired recently. R Gandhi, who was executive director, has now been promoted to the post of deputy governor.
More people using the internet for financial and e-commerce transactions has led to job creation in a niche segment. Specialists who can help deal with rising technology (tech) frauds are in high demand amid the surge in electronic transactions during the pandemic. Demand for tech fraud experts has risen upwards of 35 per cent, reveals employment and human resource services company TeamLease Services.
An executive director of a bank could, for example, be elevated to the post of chairman of a different bank.
Olympic champion Abhinav Bindra reckons the post-coronavirus world could be a "blessing in disguise" for Indian sports, with an opportunity to build local infrastructure and human resource such as coaches and support staff in the likely absence of foreign exposure. Bindra said sports administrators need to work towards "creating an alternate skill development programme" for athletes to ensure their well-being in the long run.
Infotech will see a mixed appraisal season.
An increasing number of hiring managers are opting for video conferencing platforms to know the candidates, explains Narayan Bhargava, chairman and managing director, Calibehr.
The country's largest software services firm Tata Consultancy Services on Monday opened the fourth-quarter earnings season with a stellar set of numbers, crossing the Rs 50,000 crore revenue mark for the first time and earning a net income of Rs 9,926 crore, registering a growth of 7.4 per cent year-on-year. The company said its revenue jumped 15.8 per cent to Rs 50,591 crore in the reporting quarter on an annualised basis. Many analysts were expecting the Tata group flagship to report over Rs 10,000 crore of net income and revenue to cross the Rs 50,000 crore mark this quarter.
The United States National Security Agency has sent some staffers home because of the government shutdown despite crucial security services being exempted from the shuttering of offices due to lack of funds.
Sources say the arilines has inducted a senior pilot from IndiGo to head its safety team.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
Improving human resource capability and communication with workers are among the top priorities of Kenichi Ayukawa, the new Managing Director and CEO of Maruti Suzuki India, which witnessed violent labour unrest at its Manesar plant last year.
The protests staged a protest inside the campus demanding recognition and an apology from the dean for his action against them.
"In the last about two decades, the way the Constitution has been interpreted and the laws have been interpreted, it requires revisit. Let us revisit them," he said.
Third of faculty positions vacant. One per cent seats empty. New institutes lag in infrastructure, research.
The bank is also working on a three-year business plan, nearly coinciding with the time its new chairman Rajnish Kumar would be in the corner office.
The post of chairman and managing director has been split and the government has appointed managing directors and chief executive officers in four banks -- Indian Overseas Bank, United Bank of India, Oriental Bank of Commerce and Vijaya Bank.
The Reserve Bank on Monday superseded the boards of Srei Infrastructure Finance as well as Srei Equipment Finance, citing concerns over governance and payment defaults, and decided to refer the two NBFCs for resolution under the insolvency law. This is only the second time in as many years that the Reserve Bank of India (RBI) is referring entities for the resolution process under the Insolvency and Bankruptcy Code (IBC) after taking first ever such step in the case of DHFL back in 2019. Superseding the boards of the crisis-hit Srei Infrastructure Finance Limited (SIFL) and Srei Equipment Finance Limited (SEFL), the RBI has appointed Rajneesh Sharma, former Chief General Manager of Bank of Baroda as the administrator to manage the affairs of the two companies.
With the appointment of Vishal Sikka as CEO and Managing Director of the company, IT major Infosys has elevated 12 leaders to the position of Executive Vice President with additional responsibilities.
The Bengaluru-based firm has also inducted founder and CEO of Surya Software Systems D N Prahlad as an independent director on its Board, effective October 14, 2016.
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
Tata Consultancy Services (TCS) on Wednesday announced a mega-Rs 16,000 crore buyback plan at Rs 3,000 per equity share. In 2017 and 2018 too, TCS had undertaken buyback offers of similar sizes.
Is winning a glamour contest, a beauty parade, a bigger achievement than getting to run one of the world's best known luxury brands or the IMF? asks Sandeep Goyal.
The veteran banker has been instrumental in building the bank from scratch and turning it into the largest private sector lender of the country.
After watching Uri: The Surgical Strike, Syed Firdaus Ashraf gets the feeling that Modi has added another tool to help him win the 2019 Lok Sabha election: Hindi cinema...
Planet Earth welcomed its 8th billion inhabitant on Tuesday, a remarkable milestone for humanity that is set to propel India to become the world's most populous country next year, surpassing China amid rising global challenges.
While industry leaders Tata Consultancy Services and Wipro have announced deferring wage-hike plans, other players such as Infosys and HCL Technologies are expected to follow suit, according to industry insiders.
New York City mayor Eric Adams and New York City department of health and mental hygiene commissioner Ashwin Vasan on Saturday declared a public health emergency due to the monkeypox outbreak.
'Government supplied public services are less likely to be found in neighbourhoods with high numbers of Scheduled Castes and Muslims.'
In the document, the global body expressed concerns over the increasing use of Internet and other information and communications technologies, including social media platforms, for terrorist purposes.
'Pakistan was very mature in the way it dealt with the incident.' 'India too owned up to the accident.' 'The whole incident was resolved quite amicably.' 'Both countries should be proud of how they have handled this situation.'
The CBEC will itself be rechristened as the Central Board of Indirect Taxes and Customs and will supervise GST and Customs activities and provide the government policy inputs.
A police official said the accused staffer from Fabindia outlet at Candolim village shifted the position of a CCTV camera and pointed it towards the store's trial room.
A vast majority of employees do just the bare minimum that ensures they escape censure or reprimand, such that they are seen to be doing their bit, without coming in the cross-hairs of the HR team for under-performance, observes Sandeep Goyal, managing director, Rediffusion.
India is in dire need of cybersecurity professionals. With several recent incidents of data breach, India's cybersecurity journey so far proves this demand. But is the country ready to meet this demand and is it preparing a cybersecurity workforce for the unforeseen cyber future? A report titled "India Cybersecurity Services Landscape" by Nasscom-Data Security Council of India (DSCI) predicts that the Indian cybersecurity services industry would grow at a compound annual growth rate (CAGR) of about 21 per cent to touch $13.6 billion by 2025. And by 2022, the industry, which generated a cumulative revenue of about $4.3 billion in 2019, is expected to grow to $7.6 billion. However, around 3.5 million jobs in the cybersecurity space will remain unfilled by the end of 2021.
The survey found that 76 per cent of employees whose current workplace does not offer remote work options would consider switching to a job that offered more flexibility, while 42 per cent said they have already searched for such job options.
