Indira Nooyi, former CEO, PepsiCo, has now joined the board of directors at Amazon, the multinational technology company focussed on e-commerce and cloud computing among other things. It is reported that she will also be a part of the audit committee of the board. The appointment is said to be a step taken by Amazon
” For many years, women employees quitting jobs post maternity has been a critical concern for corporates in India. With McKinsey Global Institute1 predicting that India could add more than 18 percent to its GDP by 2025 simply by giving equal opportunities to women, increasing the female workforce participation has become a key focus area
” Kotak Mahindra Bank has appointed a new HR head to lead its investment banking division. Soumitra Acharya, who was working with Standard Chartered has started his new innings with the Kotak Mahindra Bank. In his new role, he will lead the HR division of their investment banking division which consists of Kotak Mahindra Capital
During one of our tea break conversations in the office, a very interesting query arose in our minds. Who hires the CEO of a company? Each one had something different to say on the matter. From a logical point of view, hiring falls under the jurisdiction of the HR function and requires the involvement of
” “Coworking” is the new style of working! It involves individuals or teams of all sizes working independently, but with access to each other’s opinions, ideas and experiences. A coworking space provider develops and designs the physical space within which these sharing communities exist. Coworking is already popular amongst freelancers, boutique firms and start-ups today,
Almost 900 employees of Hindustan Antibiotics (HAL)are awaiting pending salaries. Though the Government intervened and helped clear salaries in 2016, no action has been taken after that. The first public-sector drug manufacturing company to be set up by the Government of India, HAL was also the the first Indian company to launch a recombinant DNA
” It’s been months now that Jet Airways has not been able to meet its salary obligations towards its employees. As per the latest report, a section of the airline’s employees including pilots are yet to get 25 percent of the November salary, as well as full salaries for the months of December and January.
” Twitter co-founder Evan Williams will leave the social media company’s board of directors at the end of the month. His departure was announced in a securities filing by the company and Evan tweeted to confirm the news. “It’s been an incredible 13 years, and I’m proud of what Twitter has accomplished during my time
Employees at Microsoft have demanded that the Company reject a $480 million contract with the US Army, which involves creating versions of its HoloLens augmented reality headsets to be used on the battlefield. The employees have expressed in writing that they did not approve of their knowledge and skills being used to develop weapons. They
The ‘Rozgar Mela’ organised by the National Skill Development Coporation (NSDC) as part of the Skill India initiative saw participation by almost 4000 candidates and 52 companies. About 1400 job offers were made during the fair held at Shivaji Stadium, New Dellhi on 24 February, 2019. The candidates were offered opportunities in entrepreneurship and apprenticeship