One of the biggest problems our country is facing due to the Covid-19 pandemic is the freeze in hiring and slowdown in terms of business, expansion and employment. Despite financial challenges and slowdown in the entire economy, software giant Infosys successfully hired 21,000 individuals from campuses globally in the last financial year. The company is…
According to LinkedIn’s Future of Talent Report, in the post-Covid era, more than 9 in 10 companies in India are looking for internal employees to fill open roles in their organizations. LinkedIn, which is a professional networking platform, launched the first edition of the ‘Future of Talent’ report which analyzes the role of HR in…
Daimler AG and Infosys have announced a long-term strategic partnership for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data centre, networks and SAP Basis together with Infosys. The partnership will enable the company to deepen its focus…
Salesforce, the global CRM company and Slack Technologies, an enterprise communications platform, have entered into a definitive agreement under which Salesforce will acquire Slack. Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7…
As remote working and virtual recruitments continue to rise in the time of the pandemic, HR managers and recruiters can now effortlessly exchange information during talent acquisition on Teams, through Phenom, a global talent experience management platform. Talent Experience Management (TXM) and Teams will partner to reduce collaborative attrition for many small-scale and large-scale enterprises…
HDFC Asset Management Company has announced the appointment of Navneet Munot as Managing Director & CEO. According to reports, Munot, who is currently serving as Chief Investment Officer at SBI Mutual Fund, will succeed current Managing Director Milind Barve. Commenting on the appointment, Managing Director, Milind Barve said, “The Board of Directors is pleased to…
Upskilling platform Scaler by InterviewBit has appointed serial entrepreneur, Naren Krishna as the Business Unit Head of Career. According to reports, Krishna will be responsible for managing the entire Career division with an aim to position Scaler as the preferred destination to recruit top engineering talent in the country. He will be working with the…
Banking giant HDFC Bank has appointed Ramesh Lakshminarayanan as Chief Information Officer. According to reports, Lakshminarayanan will be responsible for elevating HDFC Bank’s technological transformation journey through technology strategy, strengthening foundational technology, enhancing the digital capabilities and harnessing new-age AI/ML technology solutions. An industry veteran with over 25 years of experience, Lakshminarayanan has held multiple…
The Tourism and Hospitality industry, which has been one of the worst-hit by the global COVID-19 pandemic, is reportedly seeing an uptick in jobs. According to data by job site Indeed, jobs in Hospitality and Tourism are witnessing improvement, with postings down 58% in September 2020, as against a 69% drop in May this year,…
With the impact of the COVID-19 pandemic and the economic slowdown, the employment growth rate has reportedly seen a 3.5 per cent decline in FY20 from 3.8 per cent in the previous fiscal year. There has, however, been a 50.02 per cent increase in the total number of jobs from 48.32 lakh, according to a…