Monday, September 22, 2025
Home Blog Page 7
Capgemini Launches Twelfth ESOP Covering 98% of Employees
Capgemini SE, the French multinational IT services and consulting firm, has announced the launch of its twelfth Employee Share Ownership Plan (ESOP), reinforcing its long-standing commitment to employee inclusion in corporate growth. The plan, unveiled on September 11, 2025, is designed to cover approximately 98% of the company’s global workforce, offering them the opportunity to become shareholders under favorable...
Apprenticeship Act Overhauled to Boost Youth Skilling
Ministry of Skill Development and Entrepreneurship (MSDE) has officially notified sweeping amendments to the Apprenticeship Rules, 1992, marking a significant shift in India’s skilling framework. The revised rules, approved during the 38th meeting of the Central Apprenticeship Council chaired by Minister Jayant Chaudhary, aim to make apprenticeship training more attractive, inclusive, and aligned with industry needs. One of the most...
Wipro to Acquire HARMAN's DTS Business Unit
Recently, Wipro Limited announced its plan to acquire the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company. The all-cash deal, valued at up to $375 million, aims to significantly enhance Wipro's Engineering Research & Development (ER&D) service offerings and capabilities. This acquisition is subject to regulatory approvals and is expected to close by December 31, 2025. Strategic...
Govenment Notified Apprenticeship Stipend Hike Under NAPS-2
The National Apprenticeship Promotion Scheme (NAPS) is set for significant reforms in its second phase (NAPS-2), focusing on broadening youth participation and strengthening India’s skilled workforce. This was detailed in a statement by Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship (MSDE), Jayant Chaudhary, in a written reply in the Lok Sabha. Stipend Hike and Direct Benefit...
New Leave Policy by Diageo India Supports Caregivers at Work
Diageo India, the country’s leading beverage alcohol company and a subsidiary of global giant Diageo Plc, has announced a new Carer’s Leave Policy aimed at supporting employees who shoulder caregiving responsibilities. The policy, unveiled on September 12, 2025, offers up to five paid days of leave annually to full-time employees who need to care for loved ones dealing with...
AICTE Offers Web Developer Internship, Stipend ₹16000 month
AICTE and Codec Technologies have opened applications for their part-time Web Developer Internship program aimed at students and freshers aspiring to build careers in information technology. The internship promises to deliver hands-on training, industry exposure, and certification to participants across multiple locations in India. Internship Details The Web Developer Intern position offers immediate joining opportunities with a duration of three months....
EY, PwC, KPMG, Deloitte Intensify Partner Hiring to Fill Capability Gaps
EY, Deloitte, KPMG, and PwC—are witnessing an unprecedented wave of partner movements as they aggressively recruit from one another to fill capability gaps and reinforce high-demand service lines. Over the past three months alone, more than 60 partners have switched firms, marking one of the most intense talent reshuffles in recent years. The moves are driven by a combination of...
JPMorgan Plans 20% Hiring in Asia Pacific Corporate Banking
JPMorgan Chase & Co., the largest U.S. bank by assets, is ramping up hiring across its corporate banking business in the Asia Pacific (APAC) region, aiming for a 20% increase in headcount in 2026. This follows a similar expansion already achieved in 2025, where staffing levels in the division were raised by 20%—double the bank’s initial target for the...
Zupee Lays Off 170 Employees After Real-Money Gaming Ban
Gurugram-based gaming startup Zupee has announced the layoff of 170 employees—approximately 30% of its workforce—following the enactment of the Promotion and Regulation of Online Gaming Act, 2025. The legislation, passed in August, imposes a blanket ban on real-money online games, directly impacting Zupee’s core business model and prompting a strategic restructuring. The company, known for culturally familiar games like Ludo,...
Gujarat Assembly Passes Bill Allowing 4-Day Workweek
Gujarat Legislative Assembly has approved the Factories Act (Gujarat Amendment) Bill, 2025, introducing a significant change to the state’s labour framework. The bill permits factory workers to opt for a four-day workweek with 12-hour shifts, while maintaining the existing weekly cap of 48 working hours. The amendment, passed on September 11, 2025, modifies six sections of the central Factories...