Tuesday, October 7, 2025
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Hiring Demand in India’s IT Sector Falls 10% in August
India’s $283-billion IT services sector witnessed a sharp 10% drop in hiring demand in August 2025, reflecting growing caution among employers amid global economic uncertainty, increased U.S. tariffs, and subdued discretionary tech spending. According to staffing firms including Teamlease and Xpheno, the slowdown marks one of the steepest monthly declines in recent quarters and is expected to persist through...
Uno Minda Appoints Garima Garg as Group CHRO
Uno Minda, a leading global manufacturer of automotive components, has appointed Garima Garg as Group Chief Human Resources Officer (CHRO). With over two decades of extensive HR leadership experience, Garima will spearhead the company’s people strategy, culture building, and organizational transformation initiatives, pivotal in driving Uno Minda’s next growth phase. Extensive HR Leadership Experience Before joining Uno Minda, Garima was associated...
ConocoPhillips Begins Cost-Cutting Drive with 3,250 Job Cuts
ConocoPhillips, one of the largest oil and gas producers in the United States, has announced plans to lay off between 2,600 and 3,250 employees globally—accounting for 20% to 25% of its total workforce. The move is part of a broader restructuring initiative aimed at improving operational efficiency and reducing costs in response to volatile market conditions and rising production...
Atlassian Opens Bengaluru R&D Hub for Over 1,000 Employees
Atlassian, the global software company known for collaboration tools like Jira, Confluence, and Loom, has inaugurated a new Research and Development (R&D) centre in Bengaluru, significantly expanding its presence in India. Spanning over 2 lakh square feet, the facility is four times larger than its previous office and is designed to accommodate more than 1,000 employees across two levels. The...
SC Orders Nationwide Survey to Identify POSH Non-Compliance
Supreme Court of India has issued binding directives mandating strict compliance with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013—commonly known as the POSH Act. The Court has ordered that all workplaces, regardless of size or sector, must establish Internal Complaints Committees (ICCs) or Local Committees (LCs) by the end of 2025. The ruling, delivered...
Debate Over BOT Policy After Accenture Staff Receives Offer
A recent Reddit post has reignited debate around Accenture Build-Operate-Transfer (BOT) policy, after an employee sought advice on whether to accept a job offer from a client while still bound by contractual obligations. The post, which quickly gained traction among professionals in India’s tech and outsourcing sectors, reflects growing concerns over restrictive employment clauses and the practical realities of...
NITI Internship Scheme 2025 Apply Before Deadline Ends.webp
NITI Aayog, the Government of India’s apex public policy think tank, has announced the continuation of its Internship Scheme, inviting students and scholars from across the country to apply. The programme aims to provide first-hand exposure to policy formulation and implementation, while encouraging the infusion of fresh ideas into the governance framework. Who Can Apply The scheme is open to Indian...
India’s Life Sciences GCCs Drive New Job Opportunities
India is rapidly becoming a global center for life sciences Global Capability Centers (GCCs), with 23 of the world’s top 50 pharmaceutical and biotech companies establishing operations in the country—most within the last five years. According to EY India’s latest report, this surge reflects a strategic shift in how global firms view India—not just as a cost-efficient support base,...
Shoppers Stop Appoints Nabamita Banerjee as CHRO
Shoppers Stop, part of the K Raheja Corp Group, has announced the appointment of Nabamita Banerjee as Customer Care Associate & Chief Human Resource Officer (CHRO), effective September 1. With this appointment, the retail major strengthens its leadership team to drive people strategy, culture transformation, and business growth in a highly competitive market. Extensive Experience & Career Journey Nabamita brings...
Festive Relief: Centre Approves 3% Dearness Allowance Hike
Government of India has confirmed a 3% increase in Dearness Allowance (DA) for Central government employees and pensioners, raising the rate from 55% to 58%. The hike will be implemented retrospectively from July 1, 2025, and is expected to benefit over one crore employees and retirees across the country. While the formal notification is anticipated in the October cabinet...