Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
UK-headquartered consumer goods giant Unilever on Tuesday announced a major organisational shakeup to make the company leaner, which involves some of its Indian-origin executives, and plans to lay off 1,500 staff as part of the wider restructuring of its global operations. Sanjiv Mehta retains executive leadership of Mumbai-headquartered subsidiary Hindustan Unilever, while Unilever chief operating officer (COO) Nitin Paranjpe will take on a new role as chief transformation officer & chief people officer, leading the business transformation and heading the HR function for the transformed organisation. The company said Sunny Jain, president of beauty & personal care, has decided to leave Unilever to set up an "investment fund in technology megatrends".
Within six months of joining iGate as CEO, Ashok Vemuri will get a performance bonus of $175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter.
Wage hikes in both information technology and BPO sector is not likely to see any moderation from next year but would continue to grow at the current rate of 12-15 per cent annually, a senior Infosys Technologies official said.
Kamil's elder sister Samina Vaziralli has taken on an expanded role
Stalin's personal intervention in the Adheenam row may have contained the avoidable political damage and social tensions at least for now, observes N Sathiya Moorthy.
Managing human resources remains a major and under-appreciated challenge for most start-ups.
The company hires postgraduate and PhD students from A+ grade institutes to be part of its research team.
The Monster 1200 R is the most aggressive and powerful naked bike to come from Ducati and is capable of reaching speeds beyond 250 km/hr, says Indian automobile website MotorBeam.
RBI's oversight cadre move creates HR trouble, officers threaten agitation.
'We need to confront such people else they will be encouraged to harass more women in the future,' notes HR guru Mayank Rautela.
According to experts in human resources, even joining of new graduates is likely to be staggered as companies are expected to onboard staffers after gauging the demand scenario.
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
Industry leaders are predicting hybrid cloud to be the next biggest trend in cloud computing.
When the government is out to get Mallya, why is it quiet about those people who are responsible for Air India's massive losses is a million dollar question
M&M has been declared as the 'Employer Brand of the Year' for 2007-08 at Asia Pacific HRM Congress.
No change in rules that govern sending professionals under H1-B visa regime
Italian luxury sports-car maker Automobili Lamborghini on Friday launched Huracan LP 580-2 in India priced at Rs 2.99 crore (ex-showroom Delhi).
Following the SC rap for EC, the poll panel on Monday afternoon took action against Adityanath, Mayawati, Azam Khan and Union Minister Maneka Gandhi.
Air Marshal Vivek Ram Chaudhari, who will head the IAF from October 1, will keep our fighting capabilities sharpened and operationally ready for conflict at all times, notes Air Commodore Nitin Sathe (retd).
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Despite being limited to my house, I was able to interact with a diverse set of people, to try and understand consumer behaviour.'
The move may result in a short-term cost impact for IT Indian companies, according to experts, despite the firms ramping up their local hiring and offshoring projects elsewhere to overcome visa-related issues.
The start-up story appears to be losing its sheen due to corporate misgovernance, financial mismanagement and gender discrimination.
Two days on, distressing videos have emerged showing the Boeing 737-800 on a domestic flight nose-dived into the mountains on Monday crashing with an explosion leaving its debris in a vast forested area making rescue efforts difficult.
Expert staff in the line of fire in the tech sector. Analysts attribute these job losses to a slowdown in growth, automation of lower-end work.
'We are anticipating that the hiring trend will continue to see double-digit growth at least for the current financial year.'
Many companies are putting HR's reputation as a back office administrator to rest by either outsourcing or automating most administrative tasks.
TCS will have to deliver higher revenues in the succeeding quarter of FY15.
'The skills and abilities of civil servants are still respected, even though they become whipping boys when things go wrong.'
The company has decided to consolidate its delivery functions horizontally
Business executives are finally dusting off their long-unused suitcases to resume travel, thanks to a good vaccination rate, a drop in fresh cases, and an easing of travel restrictions. It comes as a huge relief for the ravaged aviation, travel and hospitality sectors. "We are witnessing a 40 per cent recovery on pre-covid volumes from our business travellers, signalling the return of corporate confidence in air travel," said Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) & SOTC.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
Party insiders concede statements of the Raja kind have the potential to hurt the DMK's electoral chances in closely-fought seats in 2024, observes N Sathiya Moorthy.
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
Preeta Misra, head, financial education solutions, Dun & Bradstreet -- India, said, "The economic downturn has opened up opportunities for companies in India, as with the decrease in the attrition rate of employees, companies can now have the crucial talent they need. They can identify and build leaders for tomorrow and set up efficient internal processes in place to build the future growth."
You have to be really smart to read between the lines.
Yashvardhan Kumar Sinha was appointed as the chief information commissioner on Saturday, according to a Rashtrapati Bhavan statement.
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