The Mumbai-headquartered company, however, said it would selectively hire experienced employees from outside.
'We want high level inquiry. I will present facts to the HRD minister'
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.
To be able to manage any such uptick, Indian IT services players are hiring more locals, and relying on hybrid work models.
Promising that the Centre will go "all out" to support Bihar in a "big way", Finance Minister Arun Jaitley Tuesday said the government is likely to announce projects and schemes in a few weeks time to assist the resource-rich state.
HR guru Mayank Rautela has some suggestions.
The central government has agreed in-principle to Air India employees' main demands. It fears an industrial dissension now could impede the process of privatisation. It has agreed to bear the cost of liquidation loss on account of transfer to the Employees' Provident Fund Organisation (EPFO) from company-owned trusts, inclusion of employees in the central government health scheme (CGHS), and encashment of leaves. The template of the Air India process will be followed for other public sector undertakings up for privatisation at a later date.
Tata Sons chairman N Chandrasekaran on Thursday said even though a "hybrid" model will be the new normal in future, India's largest software exporter TCS will ask employees to come to work once the pandemic is over as social interactions are a social necessity. "I do want to make the point that people need to meet people. It is a social necessity. "So, there will be a shift towards moving people to work when the pandemic gets over," Chandrasekaran, who also chairs TCS, said at the company's annual general meeting. At present, 97 per cent of the company's staff have been working from their homes because of the pandemic, he said, admitting that a "hybrid" model where people work from homes and also from offices will be the new normal.
Human Resource Development Minister Kapil Sibal and his deputy D Purandeswari today received wholesome praise from Prime Minister Manmohan Singh, who described them as being a team of "finest minds" in the government.
An important focus of the dry run will be on management of any possible adverse events following immunisation.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
HR guru Mayank Rautela provides a three-point plan.
Ferrari have said they remain committed to Formula One after reports on Thursday that the sport's oldest and most successful team could walk away if a proposed budget cap for 2021 was set too low. Britain's Guardian newspaper suggested Ferrari were prepared to quit in a headline, later replaced, over an interview with team boss Mattia Binotto.
While demanding more outdoor air ventilation, the strategy document calls for a structural modification in the workplace.
Starting a social media campaign, Irani has urged people to follow suit and share pictures of themselves in handloom textiles, tagging five others.
Union Human Resource Development minister Kapil Sibal's move to increase the class XII cut offs for the IIT entrance has been slammed by all parties in Bihar.
"The Trust chose January 26, 2021 for laying the foundation stone of the Ayodhya mosque as on this day our Constitution came into effect over seven decades ago. Our Constitution is based on pluralism, which is the leitmotif of our mosque project," said Athar Hussain, secretary of the Indo-Islamic Cultural Foundation (IICF).
A media report in the run up to the board meet had mentioned the names of Sashidhar Jagdishan, Kaizad Bharucha and Sunil Garg as the ones who had made the cut. Jagdishan and Bharucha are internal candidates, while Garg is working with American banking major Citigroup.
What do you do when you've lost your job during the lockdown and are unable to get another one? Get expert advice from HR Guru Mayank Rautela.
One key suggestion is to be mindful to practise respect and empathy consciously.
Gandhi went into rhyme over the series of leaks.
In an address to the air warriors on the occasion of the 89th Air Force Day, the Chief of Air Staff also said that the IAF must demonstrate to the nation that external forces will not be allowed to violate its territory.
Is the worst over for Indian banks? The past two years saw them ride on treasury trades as deposits soared and credit growth dipped sharply. Gross and net non-performing assets (NPAs) moved south, and the provision coverage ratio (PCR), capital buffers, and profitability indicators are back at pre-pandemic levels. So, what's the plot ahead?
Rediff reader Mrunal Samant, 33 reveals why her first job and salary will always be special.
Sandhu, a 1988-batch Indian Foreign Service officer, is currently posted as high commissioner of India in Sri Lanka.
Online grocery platform BigBasket is looking at hiring 10,000 people for its warehouses and last-mile delivery to clear pending orders quickly and meet the spike in orders on account of the nationwide lockdown. "We are looking to hire 10,000 people for our warehouses and last-mile delivery. This hiring will happen across all 26 cities that we are present in," bigbasket Vice President-Human Resources Tanuja Tewari told PTI.
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.
Will Covid-19 permanently change higher education, asks Ajit Balakrishnan.
In order to bring uniformity, the need for following the existing framework for either imposition of restrictions or allowing relaxations based on the burden of disease and strain on healthcare infrastructure still remain important.
Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals.
About 50 countries, including Canada, Mexico, Nigeria and Panama, have shown interest in having a Co-WIN like system to run their vaccination drive, a senior official said on Monday, adding India is ready to share the open source software free of cost.
Smriti Irani-led Human Resource Development ministry's direction to central universities to hoist the tricolour at their campuses has opened up a new chapter in ongoing patriotism debate.
Satyapal Singh again questioned Darwin's theory of evolution on Friday saying human beings are descendants of sages and not monkeys as propounded by the British scientist.
'This issue is related to national security because they were compromising the entire capital markets's core infrastructure by leaking confidential information.' 'What would have happened if the servers had come down?' 'Or some confidential information leaked to terrorists who could have knocked out our capital market?'
Consolidating on its 500-year-old legacy of providing quality education, The Society of Jesus (SJ) (popularly known as Jesuits) has applied for a Central University status with the Ministry of Human Resource Development (MHRD).
Speaking on the sidelines of an HR conference organised by the Indian Chamber of Commerce, S Tambe, vice president, human resources & corporate administration, TML said, "There are companies that haven't given a raise this year but we are definitely looking at giving increments this year."
'In the coming two-three months, we need to be cautious that there is no upsurge'
Reacting sharply to Congress leader Ajay Maken's comments on Human Resource Development minister Smriti Irani's educational qualifications, senior Cabinet colleague Uma Bharti on Wednesday targeted Congress president Sonia Gandhi.
Zomato said it has consistently gained market share over the last four years to become the category leader in the food delivery space in India in terms of gross order value from October 1, 2020 to March 31, 2021.
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