Google to launch AI Research Lab in Bengaluru

Google has announced to set up an artificial intelligence research unit at Bengaluru to develop products for India and taking them to...

Ajay Bhutoria Appointed As L&T NxT CEO

Larsen & Toubro has announced the appointment of Ajay S. Bhutoria as Chief Executive for L&T-NxT. He will operate from Edison, New...

M&M to suspend production for up to 17 days

Due to slowdown in the automobile sector and fall in sales Mahindra & Mahindra on Friday announced it will suspend production at...

Yamaha Motor signs 3-year wage settlement with the union

The two-wheeler maker India Yamaha motor had faced massive labour unrest last year and has since been working to sign a wage...

Hewlett Packard Enterprise introduces 26-weeks paid paternal leave in India

HPE already offers 26 weeks of paid maternity leave in India and has now also extended this benefit to fathers to improve...

Ravinder Takkar replaces Balesh Sharma as CEO of Vodafone Idea

Vodafone Idea's Balesh Sharma has stepped down from the position of chief executive officer, and Ravinder Takkar, currently Vodafone Group’s representative in India, will be appointed...

ABB appoints Björn Rosengren as new CEO

The Board of ABB has unanimously appointed Björn Rosengren, as Chief Executive Officer. He will join ABB on February 1, 2020, and...

Ola acquires Pikup.ai, a Bengaluru-based AI start-up

Ola, one of the world’s largest ride-hailing companies, has acquired Pikup.ai, an artificial intelligence startup based out of Bangalore, India. Co-founded by...

Saudi Aramco acquire 20% stake in Reliance Industries

Saudi Aramco and Reliance Industries Limited (RIL) today have agreed to a non-binding Letter of Intent (“LOI”) regarding a proposed investment in...

Cognizant may increase the variable pay component in the compensation structure

IT giant Cognizant is restructuring itself under new CEO Brian Humphries, which includes reducing management layers and rethinking its sales and business strategy....

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Leadership

BHEL woman employee committed suicide over harassment

A 33 years old woman officer of central public sector company Bharat Heavy Electricals Limited (BHEL) allegedly committed suicide at her residence...

EPFO supports a plan that could allow the switch to NPS

The government is reviewing its proposal to allow private-sector workers to switch between the Employees' Pension Scheme (EPS) and the National Pension...

Raj Karunakaran Promoted to Head of HR- Indian Subcontinent at Cargill

Raj Karunakaran promoted to Head of HR - Indian Subcontinent at Cargill. In his new role, Raj is responsible for providing...