Reserve Bank of India Governor Shaktikanta Das on Monday stressed on achieving 100 per cent self-sufficiency in banknote manufacturing in the near future. He was speaking after dedicating Varnika, the ink manufacturing unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), to the nation in Mysuru. BRBNMPL, a wholly-owned subsidiary of the RBI, has set up Varnika with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes.
Knowledge is said to double every 72 hours. If we do not update, unlearn and re-learn, we may be left behind.
India has recorded 1,134 new coronavirus cases, while the active cases increased to 7,026, according to the Union health ministry data updated on Wednesday.
To be set up under the PPP model, the 20 institutes will offer undergraduate, masters and PhD programmes.
The bill to amend the IIM Act of 2017 was introduced in the Lok Sabha last Friday amid disruptions by opposition members over the Manipur violence issue.
TCS, on the careers page of its web site, has put an alert about fake job offers. It has also created a toll-free TCS Careers Serviceline (1800-209-3111) for people to report such job alerts.
Aping the success of business process outsourcing industry, companies are keen on transferring all or part of their recruitment activities to external service providers, cutting down their human resource expenses significantly, say experts.
Certain educational institutions under ministry of human resource development have reported that campus selection has gone down this year to some extent, minister of state for HRD D Purandeswari told the Lok Sabha on Tuesday. The University Grants Commission is providing grants to universities for establishment of career counselling centres.
The innovation universities are part of the ministry of human resource development's brain gain policy.
In view of current global crisis, the Malaysian government may not allow electronics and electrical sectors to hire foreign workers, including Indians.
Mayank Rautela distils his 20-odd years of experience in human resources management to tell you how you can ace in your career.
Amid a spike in Covid-19 cases, the Centre on Monday reviewed with states and Union territories the preparedness for pandemic management and the progress of vaccination.
'Have a candid discussion with your management and raise your concerns,' suggests HR Guru Mayank Rautela.
India is likely to become a $40 trillion economy by 2047 -- a 13-fold jump from its current size -- driven primarily by a clean energy revolution and digitalisation, billionaire Mukesh Ambani said on Tuesday. Ambani's estimate for the Indian economy, currently the fifth largest in the world behind only the US, China, Japan and Germany, is more optimistic than Asia's richest man Gautam Adani, who last week stated that India will become a $30 trillion economy by 2050 on back of rising consumption and socio-economic reforms. "From a 3 trillion-dollar economy, India will grow to become a 40 trillion-dollar economy by 2047, ranking among the top three economies of the world," Ambani said at the 10th convocation of Pandit Deendayal Energy University in Gandhinagar.
Dayanand Allapur, head of human resources, Tesco HSC, said: "We will add another 2,000 employees in both IT (information technology) and non-IT processes."
The total employee strength of the company stood at 2,14,770 at the end of the September quarter.
Last week Vineet Nayyar, the CEO of Satyam's new owner Tech Mahindra, had said Satyam has an excess staff of 10,000.
Tata group's global e-learning firm, Tata Interactive Systems, on Monday acquired two European software companies in a move to expand its global presence for an undisclosed amount.
Integration of workforce has been a thorny issue and a cause of litigation and strikes.
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
A memorandum of understanding to this effect was signed on Thursday in Penang between Romli Bin Hj Hassan, director general of Malaysia's human resources ministry and G Raghavan, president, NIIT Global Individual Learning Business.
Year by year, our cities remain defeated in the face of weather conditions, costing us time, money, resources and often lives, observe Amit Kapoor and Bibek Debroy.
Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.
"The factories need consolidation and control as they operate independently with different human resource (HR) and logistic policies. The segmented operations cannot have power and focus on quality," K R Kim, vice-chairman and CEO (global operations), Videocon, who steered LG to market leadership in his earlier stint, told Business Standard.
Largest software exporter TCS will be hiring more than 40,000 freshers from campuses in the country in the financial year 2021-22 , a top executive said on Friday. The company, the largest employer in the private sector with a base of over 5 lakh employees, had hired 40,000 graduates from campuses last year and will do better on that number, its chief of global human resources Milind Lakkad told reporters in Mumbai. He said the COVID pandemic-related restrictions do not pose any difficulties in hiring and added that last year, a total of 3.60 lakh freshers had appeared for an entrance test virtually.
As Indian IT and ITeS firms continue to focus on 'going global,' companies have registered a whopping 73 per cent increase in their wage cost year on year in September 2005, according to a study by industry chamber Assocham.
In a bid to protect domestic workers from retrenchment following global financial crisis, Malaysian government has planned to recruit 15,000 locals every month by replacing foreigners, including Indian, working in various sectors in the country.
Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. This move is being seen as part of a drive in the edtech sector towards profitability via cost-savings and consolidation, as funds dry up, they said. The Bengaluru-based firm has laid off over 1,100 employees (both full-time and contractual), so far, this year.
Aquil Busral, the National President of NHRDN was in Chennai to attend the 12th National Conference of the National HRD Network (NHRDN). In this interview, he talks about how the young working professionals and fresh graduates can prepare themselves for the current global economic situation.
The US treasury department informed about the sanctions following the October 7 attacks on Israel by Hamas.
India's G20 priorities will be shaped in consultation with not just our G20 partners, but also our fellow-travellers in the global South, whose voice often goes unheard, he said.
HR managers are resorting to innovative ways to harness and retain talent as the market is witnessing demand-supply constraints.
iGate Corporation, the integrated technology and operations company, on Thursday announced that its subsidiary iGate Global Solutions Limited has been ranked the top IT employer in India in Dataquest-IDC's 8th annual survey.
The expenditure on human resources works out to 50 to 55 per cent of the reveneus of the company and it expects to optimise its cost through a proper mix of hiring trainees and profesionals. Ajoyendra Mukherjee, Vice-President and Head, Global HR of TCS told reporters in Mumbai on Thursday in the first quarter last year, the company had a hiring mix of 62 per cent professionals and 38 per cent trainees.