US-based IT firm Oracle has reportedly laid off approximately 12,000 employees in India, with further layoffs expected. The company cited organisational changes and streamlining of operations as reasons for the retrenchment.
For MSMEs the transition could mean higher wage bills and tougher compliance -- unless strong handholding follows reports Auhona Mukherjee.
Infosys on Wednesday reported a one-time exceptional hit of Rs 1,289 crore on account of the impact of the implementation of new labour codes, as India's second-largest IT services firm announced its December quarter earnings.
The country's largest IT services company TCS on Monday reported 13.91 per cent decline in December quarter net profit at Rs 10,657 crore. The Tata Group company had posted a net profit of Rs 12,380 crore in the October-December period of FY25 and Rs 12,075 crore in the preceding September quarter.
'Companies will need to revisit compensation structures, contracts, staffing models, and human resources system.'
The human cost of rat-hole mining falls disproportionately on migrant labourers.
India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.
The technology major confirmed that a 'low single-digit percentage' of its 270,000 employees would be affected in the fourth quarter of 2025.
The convergence of artificial intelligence, evolving labour regulations and rising employee expectations will redefine how organisations manage pay, people and performance in the coming year, a report says.
Maharashtra has pipped Tamil Nadu in NITI Aayog's latest Export Preparedness Index (EPI) for 2024. While Gujarat, Uttar Pradesh and Andhra Pradesh gained ground, Karnataka and Haryana slipped out of the top five, the central government think tank said in its report released on Wednesday.
Germany has almost 60,000 Indian students 'which makes them already today the largest group of international students in Germany'.
This was perhaps a missed opportunity for India to spotlight a core domestic challenge: The scale of workforce preparation required for a young, populous, rapidly growing country seeking to reach net zero, points out Radha Roy Biswas.
'Don't look at Russia only as a place to earn quickly and then leave.' 'Try to build experience in serious companies, skills and certifications that will serve you anywhere in the world.'
Sonia Gandhi criticizes the Modi government's environmental policies, claiming they endanger the Aravalli hills and disregard environmental protection.
If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.
Describing their situation akin to "bonded labour", two Air India pilot unions extended their support to Vistara pilots on Thursday, who have raised grievances regarding the duty roster and the revised salary structure. Amid the slew of flight cancellations and delays, Vistara chief executive officer Vinod Kannan acknowledged on Wednesday that pilot utilisation in the airline was high, and announced plans to scale back its flight schedule and overhaul the rostering system to provide pilots with more rest time.
'If you don't fulfil whatever they ask, you are in trouble.'
French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.
About 57 per cent of Indian districts, home to 76 per cent of the country's population, are currently at high to very high risk from extreme heat.
'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
After having sustained huge losses due to a spate of violent protests by workers since 2011, the company is putting in place measures to prevent a repeat.
A pilots' grouping of Tata group-owned Air India has approached the labour department to initiate conciliation proceedings with the airline's management to sort out various issues, including concerns over possible changes in service conditions of its members. The Indian Commercial Pilots Association (ICPA), which claims to represent around 900 pilots flying narrow-body planes of Air India, has written to the Chief Labour Commissioner (CLC) as well as Deputy CLC and Assistant Labour Commissioner in New Delhi earlier this week. Apart from service condition issues, the association has flagged that the airline's plans to hire captains for its A320 fleet on a fixed-term contract may result in an anomalous situation for the existing pilots at Air India.
Lee Jae-myung's decisive victory in South Korea's snap presidential election marks a major political shift driven by public backlash against authoritarian, with significant implications for domestic reform and the future of the US-South Korea alliance, observes Dr Rajaram Panda.
IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, chief human resources officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure.
India's labour laws have become less complicated with bold economic reforms and the over one billion population has become a potential human resource 'asset' in the nation's leap forward, a labour lawyer has said.
'Skilled labour is different from immigration.' 'While any adverse immigration ruling will impact Indians, it may not necessarily affect the IT services industry.'
The list of companies include big names such as Colgate-Palmolive, Hero, Maruti Suzuki, Hyundai, Videocon, Onida, Arvind Mills, Nokia and Mahindra & Mahindra.
Organisations that reward constant optimism and penalise negativity create environments where employees feel pressured to hide their struggles, notes Sonica Aron, founder of HR consultancy firm Marching Sheep.
India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.
UN General Assembly President Philemon Yang will visit India from February 4 to 8, his first official trip as President of the 79th session. Yang highlighted India's "remarkable transformation" over the past decade, particularly in digital and technological innovation, and plans to see how these advancements have reached the grassroots level during his visit. He also praised India's contributions to peacekeeping, humanitarian efforts, and its voice for the Global South.
After radioactive material was sold as scrap by the Delhi University, leading to the death of a labourer, Human Resource Development Minister Kapil Sibal on Friday directed the University Grant Commission to frame guidelines immediately on the procurement, use and disposal of hazardous substances by varsities. The Department of Atomic Energy has framed certain guidelines which are supposed to be followed by the universities for procurement and handling of such material.
'When so many young Baloch men and women are willingly volunteering as fighters and even suicide bombers.'
While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.
Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.
How have aspirations, ambitions and hopes broken down for these young men from the most advanced parts of India? asks Mihir S Sharma.
Released by secretary of state Antony Blinken, the annual human rights reports of the state department is a mandatory requirement of the US Congress giving details of human rights status in countries across the world.
President Droupadi Murmu, in her address to the nation on Republic Day, advocated for the "One Nation One Election" initiative, emphasizing its potential to enhance governance and reduce financial burdens. She highlighted the government's efforts to eliminate remnants of colonialism, citing the replacement of British-era criminal laws with modern alternatives. Murmu also lauded India's economic progress, stressing the importance of inclusive growth and social welfare. She urged citizens to remember the sacrifices of freedom fighters and reaffirmed the significance of the Constitution in guiding India's journey towards a prosperous and equitable future.
The actor-turned-politician has been allotted Panchayat Raj and Rural Development, Environment, Forests, and Science and Technology portfolios.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
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