HR HEADS
India Inc's high-flyers in for a travel treat; overseas tour, meet-ups with celebs among unique rewards
Corporates across sectors such as banking, auto and insurance have loosened their purse strings for top performers, partners and distributors this season and are rewarding them with unique travel experiences, luxury watches and bags as well as catch-ups with Bollywood celebrities and other rewards. Travel, including trips with families, figures high on the rewards and incentives list.
How to use performance improvement plan as a recovery period to bounce back higher
Nirupama VG, Founder, AdAstra Consultants, says performance improvement plans (PIPs) often carry a stigma, signalling underperformance or imminent termination. However, they can also be pivotal moments for employees to reset and excel.
Job market recovery may slow, for now
The absence of a decisive mandate in the 2024 elections may impact job market recovery temporarily. Coalition partners will have a stronger voice in policy decisions, affecting investor sentiment. Experts anticipate a short-term slowdown in job creation.
Companies go into T20 World Cup mode for employee bonding
Companies, including PhysicsWallah, CashKaro, Tredence, University Living, Pluxee, PeepalCo and Fat Tiger, have plans to mix work with pleasure by screening matches, curating special menus, setting up virtual gaming zones, organising World Cup-themed contests and some may even reward employees with cash prizes and passes to matches. The idea is to break the monotony of everyday tasks at work and foster a positive work culture, bonhomie, and a shared love of sports, HR heads of these firms said. Edtech unicorn, PhysicsWallah, is hosting the Physics Wallah Premiere League, a cricket tournament set to run from June 7-9.
IT’s bench strength halves as slump-hit companies eye efficiencies
The bench strength at top Indian outsourcers has nearly halved of late, with higher utilisation and generative artificial intelligence (GenAI) driving efficiency in the $254-billion IT industry. Bench strength in the IT industry means full-time employees who are not assigned any active project.
Cost of living doesn't influence salaries; Pune among safest cities: KPMG Survey
A survey by KPMG revealed that cost of living differences across Indian cities do not affect compensation decisions, with most HR leaders stating there is no city compensatory allowance anymore. Employees consider various factors like rent, property indices, and local purchasing power when evaluating cost of living. Pune is highlighted for excelling in safety, while other cities like Chennai and Navi Mumbai excel in connectivity and healthcare. Companies are tapping into talent pools in satellite cities like Gurugram and Navi Mumbai.
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Boomerang employees: Why employers like returning talent
Professionals experiencing the "grass is greener" syndrome may find themselves considering returning to previous employers, termed "boomerang" candidates. Companies, recognizing the value in these individuals' fresh skills and perspectives, are strategically embracing this trend. Mid-career employees and even CXOs are increasingly participating, reflecting evolving workplace dynamics and the importance of alignment in values and leadership behaviors.
General Atlantic, TPG Capital, two other PEs in race for Altimetrik
Altimetrik has offices in over 20 locations, six of them in India, with more than 80% of its workforce based in the country. The company has a team of over 6,000 digital practitioners. It has a global client base engaged in the BFSI, fintech, automotive, manufacturing, retail, pharmaceutical and life science sectors. They include Citi, Morgan Stanley, Novartis, Sony, Schindler and Samsung. In India, the company has offices in Pune, Chennai, Bengaluru, Hyderabad, Jaipur and Gurgaon.
India Inc hunts for new cyber warriors
Corporate India is actively seeking cybersecurity professionals amidst rising concerns over data breaches, evolving regulatory requirements, and the emergence of advanced artificial intelligence platforms. To address vulnerabilities in security controls and processes, companies are bolstering their cybersecurity teams across various domains.
Delhi HC directs release of Newsclick HR head Amit Chakravarty in UAPA case
Delhi High Court orders Amit Chakravarty's release from custody under UAPA law due to medical reasons, turning him into an approver and prosecution witness in a case involving alleged pro-China propaganda spread by NewsClick.
Aditya Birla's ex-HR head Santrupt Misra is the richest candidate from Odisha with Rs 461 crore
Lok Sabha Elections 2024: Santrupt Misra, the BJD candidate from Cuttack, is the wealthiest candidate in the ongoing Odisha Lok Sabha elections, declaring assets worth Rs 461 crore. This includes movable assets of Rs 408 crore and immovable assets of Rs 53 crore. His income tax returns indicate earnings of Rs 76.23 crore in 2021-22 and Rs 66.21 crore in 2022-23. Dilip Ray, BJP nominee for Rourkela assembly seat, owns assets valued at around Rs 300 crore. Sanatan Mahakud, BJD candidate from Champua assembly seat, declared assets worth nearly Rs 152 crore.
Delhi HC reserves order on NewsClick HR head's bail plea in UAPA case
The Special Cell of the Delhi Police arrested NewsClick founder Prabir Purkayastha and Chakravarty on October 3 last year. Both of them are currently in judicial custody. According to the FIR, a large amount of funds to the news portal came from China to "disrupt the sovereignty of India" and cause disaffection against the country.
FCRA violations: CBI to question Newsclick HR Head Amit Chakraborty in Tihar Jail on Wednesday
The CBI will question the then NewsClick HR head Amit Chakraborty in Tihar Jail in connection with its probe against the news portal for the alleged violations of the Foreign Contribution Regulation Act, officials said Monday. They said Chakraborty will be questioned as a "witness" on Wednesday for two hours in the afternoon about alleged investments from US-based Worldwide Media Holdings (WMH) in the company PPK NewsClick Studio Pvt.
NewsClick case: Requisite sanction procured to prosecute Prabir Purkayastha under UAPA, police tell court
Under the Unlawful Activities (Prevention) Act, an independent authority makes a recommendation to the competent authority (central or state government) about prosecuting an accused after reviewing the evidence gathered by the investigating agency. It is for the competent authority to decide whether or not to grant sanction.
Lenovo elevates Priya Tikare as director and head of HR
Priya Tikare leads HR at Lenovo Bengaluru, focusing on innovation, employee empowerment, job creation, and talent strength consolidation for productivity enhancement and growth.
Arun Kakatkar replaces Ira Gupta as HR head of Microsoft India
Ira Gupta resigned as Microsoft India HR head, replaced by Arun Kakatkar from Kalyani Group. Gupta focusing on leadership coaching. Kakatkar brings experience from TE Connectivity India and Kalyani Group to his new role.
upGrad hires senior execs to boost operational efficiency
Educational technology startup upGrad has appointed Shailesh Mahale as head of corporate human resources, Kumar Anshu as HR head for its working professional, study abroad, and offline segment, and elevated Vandana Kaushik Goel as head of HR for upGrad’s enterprise arm. These appointments aim to enhance operational efficiency and employee engagement across the Mumbai-headquartered company
Laid off CXOs are much in demand as companies look to hire execs with proven track record
Often roles become redundant as an outcome of consolidation, mergers, restructuring of businesses, regulatory hurdles or funding delays, and top executives who lost jobs due to industry dynamics and uncertainties form a critical talent pool for other companies across sectors, said the officials.
Carlsberg India appoints Vandana Kapur as vice president-HR
Carlsberg India has appointed Vandana Kapur as vice president-human resources, focusing on organisation effectiveness, talent management, and diversity, equity, and inclusion initiatives. With over 22 years of experience in corporate, consulting, and entrepreneurial roles, Kapur is committed to becoming an employer of choice and creating inclusive opportunities.
Air India, Tata Motors get new HR heads
Ravindra Kumar GP, chief human resources officer at Tata Motors, will join Air India in the same role effective April 1, 2024. At Tata Motors, Kumar will be succeeded by Sitaram Kandi who currently heads human resources for Tata Motors’ passenger vehicle and electric vehicle businesses and leads employee relations and skill building for Tata Motors.
NewsClick's HR head withdraws from SC plea against arrest under UAPA
Amit Chakravarty, the HR head of NewsClick, withdrew his petition against his arrest under the anti-terror law, UAPA, in the Supreme Court. Chakravarty had earlier been allowed to turn an approver in the case against the news portal for allegedly spreading pro-China propaganda. Chakravarty was allowed to withdraw his plea while the court scheduled the hearing for Purkayastha's petition on January 30
Court allows NewsClick HR head Amit Chakravarty to turn approver in UAPA case
A Delhi court has allowed NewsClick's human resources department chief, Amit Chakravarty, to become an approver in a case against the news portal under anti-terror law UAPA. Chakravarty was arrested on an application seeking the court's permission to turn an approver. The case involves allegations that the news portal received money to spread pro-China propaganda.
Newsclick case: Portal's HR head Amit Chakravarty moves Delhi court seeking to turn approver
Chakravarty moved the application before Special Judge Hardeep Kaur last week, seeking pardon in the case and claiming he had material information that he was willing to disclose to the Delhi Police, which is investigating the matter.
Delhi Police opposes bail plea of NewsClick HR head Amit Chakravarty before court
The counsel appearing for Chakravarty claimed that he was not named as an accused in the FIR.
SC to hear pleas against arrest of Newsclick founder and HR head on October 19
The Supreme Court has scheduled a hearing on October 19 for the pleas filed by Newsclick founder Prabir Purkayastha and the website's human resources head, Amit Chakraborty. They are challenging their arrest and detention under the Unlawful Activities (Prevention) Act (UAPA) for alleged Chinese funding to promote anti-national propaganda.
Flipkart HR head Krishna Raghavan quits
Raghavan has been the chief people officer at Flipkart for nearly four years, prior to which he was the senior vice-president of engineering, fulfilment and services.
NewsClick Row: Delhi HC agrees to hear plea against arrest of founder, HR head
The Delhi High Court on Friday decided to hear the plea of NewsClick founder, HR head in a case lodged under anti-terror law UAPA on Friday. "This is the Newsclick matter. Arrest has been made illegally and in violation of the Supreme Court decisions," PTI quoted the senior lawyer as saying, as he urged the bench to list the matter for hearing today itself.
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