November 2024 saw a decline in formal employment numbers in India, with significant drops in new subscriptions to key social security schemes, according to a report released by the Ministry of Statistics and Programme Implementation (MoSPI).
This report highlights the fluctuating dynamics of the formal job market and raises concerns about the underlying factors contributing to this decline.
The Employees'...
The Indian IT Hiring is expected to rebound in 2025 after a challenging year marked by slow hiring and delayed onboarding.
Companies are shifting their focus to specialised skills, particularly in artificial intelligence (AI) and data science, while expanding opportunities in Tier 2 cities.
Economic improvements and technological advancements are expected to drive growth, bringing optimism for both job seekers...
Union Labour Minister Mansukh Mandaviya has directed officials of Employees' Provident Fund Organisation (EPFO) to enhance the claim settlement process and ensure timely grievance redressal.
This directive was issued during a virtual review meeting aimed at evaluating the performance of EPFO's regional offices.
The review meeting, held on January 24, 2025, was attended by Union Labour Secretary Sumita Dawra, EPFO...
Employees' State Insurance Corporation (ESIC) reported the enrollment of 16.07 lakh new workers under the ESI Scheme in November 2024.
This marks a notable increase in social security coverage for workers across various sectors in India.
The Employees' Provident Fund Organisation (EPFO) also released its payroll data for November 2024, showing a net addition of 14.63 lakh members.
This represents...
Employers in India are bracing for cautious hiring in the first quarter of 2025 due to ongoing talent shortages, according to the latest ManpowerGroup Talent Shortage Survey.
Despite the highest hiring demand globally, 80% of employers in India are struggling to find the right talent.
This trend has persisted since 2022 and is more than the global average of...
Mphasis Limited, headquartered in Bengaluru, Karnataka, is a leading global IT services and consulting company.
The company specializes in cloud and cognitive services, providing infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services.
Mphasis serves a diverse range of industries, including financial services, telecom, logistics, and technology.
Recently, Mphasis has been...
IT giant, Cognizant is actively expanding its operations in India, with over 1,300 job openings across various roles and locations. These positions encompass technology, engineering, and business services, catering to both experienced professionals and recent graduates.
The company is focusing on hiring for roles such as software engineers, infrastructure technology specialists, and data analysts in cities including Bangalore, Chennai, Pune,...
Lupin Manufacturing Solutions, a leading manufacturer of Active Pharmaceutical Ingredients (APIs), has announced the appointment of Ajay Tiwari as its Chief Human Resources Officer (CHRO).
Ajay joined Lupin in 2019 as Vice President - Human Resources.
During his tenure, he contributed significantly to aligning HR practices with the company's strategic goals, driving talent acquisition, and enhancing employee engagement initiatives....
IPM India, the India affiliate of Philip Morris International (PMI), has announced the appointment of Kingshuk Das as Director - People and Culture, effective January 1, 2025.
This appointment is a strategic move aimed at driving sustainable and inclusive growth within the organization.
Navaneel Kar, Managing Director of IPM India, expressed confidence in Kingshuk Das's ability to bring valuable perspectives...
Wipro, one of India's leading IT services companies, has announced plans to open a new IT center in Hyderabad, creating 5,000 jobs.
This expansion is part of Wipro's strategy to strengthen its presence in the region and contribute to the local economy.
The new IT center will be located at Wipro's Gopanapalli campus in the Financial District of Hyderabad.
Wipro...