NHRDN - Mumbai Chapter T Rowe Price acquires 5% stake in TeamLease
” The recruitment and staffing sector is seeing dynamic changes over the past one year. And adding on to this trend, Global asset management firm T Rowe Price has acquired around a 5 percent stake in recruitment and staffing company TeamLease Services for about Rs 157 crore ($24 million) through open market transactions.  The shares
NHRDN - Mumbai Chapter Workplace Safety in India Abysmal: Report
” A recent news report says that a study has found massive ‘under-reporting’ of accidents at workplaces in India. The study, undertaken by British Safety Council (BSC), claims that nearly 48,000 causalities occur in India due to ‘occupational hazards’, and nearly 38 fatal accidents are witnessed in the construction sector on a daily basis. Among the
NHRDN - Mumbai Chapter Fostering a Culture of Learning – The Syntel Story
” Whether it’s banking, retail or healthcare, the pace of digital technology adoption is disrupting business models across every industry. In this context, the business imperative is to help customers navigate through this disruption and leverage technology to meet the customer’s needs. The mission of Syntel is to “create opportunities for our clients by harnessing
NHRDN - Mumbai Chapter Monjin partners with Microsoft for next-Gen interview assessments
” Monjin, a technology solutions provider, has collaborated with Microsoft to build a unique video interviewer’s network that links candidates with potential employers to ensure a creative and interactive experience.  Monjin in association with Microsoft is building the world’s first Azure-based aggregator platform, which pulls in interviewers to create a global assessment standard through neutral
NHRDN - Mumbai Chapter How CSR Initiatives Positively Affect Employee Engagement
” As CSR gets closer to the mainstream, organizations are employing a wide range of community involvement strategies. Additionally, organizations investing in CSR initiatives can expect to see spikes in levels of employee engagement and overall employee job satisfaction. As markets and technologies have opened up and the global influence, wealth and reach of businesses
NHRDN - Mumbai Chapter Indian workforce says 'NO' to a completely tech-driven hiring process
” Completely doing away with human interactions in the recruitment process might not be a good idea. While candidates find value in technology, they are frustrated when it overtakes the human aspect of the hiring process, according to the findings of the Tech and Touch Survey conducted by Randstad India, one of the leading players
NHRDN - Mumbai Chapter India outmatch US in hiring women in Tech
” According to a study by Nasscom, the Indian technology sector is the second-largest employer of women in India. Pharmaceutical industry tops the list. The study that was conducted in partnership with the Open University in the UK highlights that India’s IT-BPM industry employs nearly 3.9 million people, of which over 1.3 million are women.
NHRDN - Mumbai Chapter Mittu Chandilya joins Adani Ports & SEZ as CEO-Logistics
” Adani Ports & Special Economic Zone Ltd (APSEZ), the country’s largest private port developer, has appointed Mrithyunjay (Mittu) Chandilya as its CEO of the logistics business. “We welcome Mrithyunjay Chandilya to the Adani Group. Our country has laid strong emphasis on manufacturing and initiatives such as “Make in India” are boosting domestic production, which
NHRDN - Mumbai Chapter Legal HR: Workforce transition & restructuring
” Mergers and acquisitions along with private equity investments have increasingly become popular corporate strategies to further establish and expand the business practices of the corporate institutions. Much hair-splitting is done to analyze the possible benefits and risks associated with such pursuits. For employees, however, mergers or acquisitions including PE investments often prove to be
NHRDN - Mumbai Chapter Gender Gap in Economic Participation won't close for another 217 years
” 100 years, or more, is what it is going to take to bridge the gender gap. This magic number of a 100 is reserved for the 106 countries that have been studied since World Economic Forum’s first Global Gender Gap Report came in 2006. This is given that the discrimination steadily decreases. Unfortunately, it