Wipro is in the news, again. The information technology (IT) services company has mandated freshers, who had opted for a lower salary package of Rs 3.5 lakh per annum, instead of Rs 6.5 lakh per annum, clear a new training module titled Project Readiness Program (PRP) and score at least 60 per cent or stand terminated. Wipro is not the only company to have implemented such a programme.
The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged Rs 81 crore fraud after a complaint by the fintech unicorn. The FIR, a copy of which has been seen by PTI, was filed under eight sections of the Indian Penal Code, including 406 that deals with criminal breach of trust, 420 (cheating and dishonesty), 467 and 468 (forgery). BharatPe in the complaint alleged that Grover and his family caused damages of about Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through passthrough vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by Madhuri Jain and destruction of evidence.
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.
The hiring scenario is for the batch that passes out in 2024. These are graduates who will be impacted, given 2022 graduates are not fully absorbed and 2023 onboarding still incomplete.
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.
In a multi-year first, the country's largest software exporter TCS on Monday reported a marginal decline in its overall employees for the December 2022 quarter but announced that it will be hiring over 1.25 lakh staff in FY24. The software firm posted a decline of 2,197 people in its employee base for the October-December period to 6.13 lakh. The Tata group company, however, made it clear that this was due to the higher hiring done over the last 18 months, and not driven by the demand environment.
Amid growing concerns over the spurt in COVID-19 cases in China and some other countries, Health Minister Mansukh Mandaviya said the focus is to ensure that no unknown variant of the virus enters India and at the same time there is no impediment to travelling.
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.
Two pilot unions at Air India have claimed that there is a shortage of pilots to operate the airline's long-haul and ultra-long haul flights. The concerns raised by the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) also come against the backdrop of the Tatas-owned airline recently cancelling and rescheduling certain flights to and from the North American region due to crew shortage. In a joint letter written to Air India's chief human resources officer Suresh Dutt Tripathi on December 13, the unions said, "...we cannot maintain the printed planned roster due to a shortage of pilots, as CMS (crew management system) does not have standby pilots."
The advisory stressed on capacity building, saying identified human resource needs to be trained online using online training programs developed by the ministry.
'We created war rooms -- from an IT perspective and also a customer war room -- to address any challenges that come up.'
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Addressing a summit in Varanasi on the implementation of the National Education Policy, Modi said the system should not just produce degree-holders but provide human resources needed to take the country forward.
Rajya Sabha Chairperson Jagdeep Dhankhar sought views of leaders of various political parties on ways to curb disruptions in the House at a meeting held on Sunday on the eve of the start of the second phase of the Budget session.
His remarks assume significance at a time when a large number of Indian students, many of them studying medicine, have been stuck in Ukraine following the Russian attack on that country.
The Tata Group-run Air India has banned smoking and consumption of intoxicating substances at the workplace and any employee violating this order will be "dealt with appropriate consequences", the airline's Chief Human Resources Officer (CHRO) Suresh Dutt Tripathi has stated. It was not clear what was the trigger for Wednesday's communique. Air India did not respond to PTI's request for statement on this matter.
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.
Dip in attrition rates and higher bench strength seem to be signalling a normal year for hiring in FY24.
The Hyderabad-based firm completed clinical trials of the nasal vaccine with about 4,000 volunteers and there is no side effect or adverse reaction reported so far, company sources had said.
Food ordering and delivery platform Swiggy on Wednesday said it has introduced an industry-first 'Moonlighting policy', wherein employees can take up external projects for pro-bono or economic consideration based on internal approvals. "This could encompass activity outside of office hours or on weekends that does not impact their productivity on the full-time job or have a conflict of interest with Swiggy's business in any way," a company release said. Moonlighting policy allows employees to work second jobs, outside normal business hours of the primary job, under certain conditions.
A mock drill will be held on Tuesday across a number of health facilities in several states and Union Territories to ensure their readiness to deal with any eventuality related to COVID-19, following an advisory by the Centre.
Before opting for this scheme, consider how EPS is calculated.
Navy chief Admiral R Hari Kumar on Friday termed the Agniveer model as the single biggest human resources management transformation in the Indian military and said that protests in parts of the country over the newly launched Agnipath scheme are happening due to misinformation and misunderstanding.
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
Some aircraft technicians at IndiGo are on sick leave since Friday demanding a revision in salaries. The protest comes days after the airline partially restored salaries of its pilots and cabin crew and made changes to its human resource (HR) policies. Some technicians in Hyderabad reported sick on Friday night while those from other bases skipped work on Sunday demanding a revision in salary, an industry source said.
Five to 10 per cent of the active Covid cases this time so far needed hospitalisation but the situation is dynamic and may change rapidly, the Centre said on Monday and asked states to keep a watch on cases under home isolation and in hospitals.
Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.
For the most battle-hardened, specialised and successful counter-insurgency army in the world, this is an unfamiliar, first-time experience of dealing with the north east's deepest complexities, observes Shekhar Gupta.
Rajasthan Chief Minister Ashok Gehlot on Friday announced his government's decision to form 19 new districts and three new divisions in the state, earmarking Rs 2,000 crore for development of infrastructure for them.
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.
The agency was allocated Rs 835.39 crore to manage its affairs in 2021-22 which was later increased to Rs 870.50 crore in the Revised Estimates given in the Budget document released Tuesday by Finance Minister Nirmala Sitharaman.
Five people, including one who holds a PhD in human resources, have been arrested from Gurgaon for allegedly duping over 500 people of Rs 7.5 crore on the pretext of providing them jobs in leading multi-national companies, Delhi Police said on Friday.
HR Guru Mayank Rautela offers practical advice.
HR Guru Mayank Rautela offers practical advice.
'Have a candid discussion with your management and raise your concerns,' suggests HR Guru Mayank Rautela.
The government on Tuesday said it will allow setting up of world-class foreign universities in Gandhinagar's GIFT City, free from domestic regulations, to facilitate availability of skilled manpower in the financial services space. In addition, an international arbitration centre will be set up in the GIFT City for timely settlement of disputes under international jurisprudence, Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2022-23. The centre could be on the lines of the Singapore International Arbitration Centre, or the London Commercial Arbitration Centre.
Tata-owned Air India has launched a Voluntary Retirement Scheme (VRS) for its employees- in the airline's first drive to reduce headcount. The salt-to-steel conglomerate acquired the carrier last year. As of November 2019, the airline had 9,426 permanent employees.
More than 70 per cent of Indian youth aged between 15 and 29 can't!
Indian cities need $840 bn investment over 15 yrs, says World Bank report.
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