Tech Mahindra, a leading IT services firm and part of the Mahindra Group, reported its Q3 FY25 financial results with a net profit of Rs 983 crore, marking a 92.6% year-on-year (YoY) increase.
However, sequentially, the net profit declined by 21.36% due to a higher base reported in the previous quarter from a one-time special income from the sale of...
Wipro Ltd, one of India's leading IT services companies, reported a 24.48% year-on-year increase in its consolidated net profit for the third quarter of the fiscal year 2024-25 (Q3 FY25).
The company posted a net profit of ₹3,353.8 crore, compared to ₹2,694.2 crore in the same quarter last year.
Revenue from operations edged up by 0.51% to ₹22,318.8 crore from...
Perfetti Van Melle, one of the world's largest manufacturers and marketers of confectionery and chewing gum, has appointed Avishek Roy as HR - Director.
Avishek Roy's Vision for Perfetti Van Melle
In his new role, Avishek Roy aims to build on the company's existing HR practices and introduce new initiatives to further enhance employee satisfaction and productivity.
He plans to...
Infosys CEO Salil Parekh recently addressed concerns over low salary hikes and toxic work culture claims during the company's Q3 earnings call on January 16, 2025.
This comes amid a raging debate over the industry-wide 90-hour workweek, sparked by remarks from Infosys co-founder Narayana Murthy and L&T Chairman SN Subrahmanyan.
Infosys Low Salary Hike and Toxic Work Culture Concerns
Infosys has...
Tata Consultancy Services (TCS) has recently updated its work-from-office (WFO) policy, introducing stricter office attendance requirements and specific guidelines for exception requests.
This move comes as part of TCS's ongoing efforts to balance operational efficiency with employee flexibility.
TCS: Stricter Office Attendance, Exception Requests
TCS has revised its WFO policy to establish stricter office attendance requirements.
Unlike other Indian IT companies...
Mahindra Group has launched “SOAR: Seamless Opportunity for Amazing Returnships,” an initiative designed to create inclusive workplaces by supporting women returning to their careers.
This program provides full-time roles across Mahindra Group companies for women with at least five years of professional experience.
Program Goals
SOAR is designed to assist women who have taken a career break of 6 months to 3...
On January 15, 2025, the Ministry of Labour & Employment (MoLE), in collaboration with the Confederation of Indian Industry (CII), hosted the “Conference on Future of Jobs” in New Delhi.
Themed “Shaping Tomorrow’s Workforce: Driving Growth in a Dynamic World,” the event brought together policymakers, industry leaders, and experts to discuss the evolving employment landscape and strategies for creating...
Infosys, a global leader in technology services and consulting, has announced plans to hire over 20,000 fresh graduates during FY26 as part of its ongoing expansion efforts.
The company continues to invest in building a robust workforce to meet growing business demands across key markets and sectors.
In Q3FY25, the December 2024 quarter, Infosys reported adding 5,591 employees, bringing its...
Prime Minister Narendra Modi has approved the constitution of 8th Pay Commission for central government employees.
This decision, announced on January 16, 2025, is set to benefit approximately 50 lakh employees and 65 lakh pensioners, including serving and retired defence personnel.
Union Information and Broadcasting Minister Ashwini Vaishnaw stated that the Chairperson and two members of the Commission would be...
Ericsson, a Swedish multinational networking and telecommunications company, has been a key player in the global telecom industry for over a century.
With a strong presence in India, Ericsson has been instrumental in building the nation's knowledge base and powering networks from 2G to 5G.
In Dec 2024, Ericsson secured a multi-year extension deal with Bharti Airtel to enhance its...