Rajat Seth has joined ELAN Group as Vice President – HR. He has confirmed this development through a social media post. Prior to this appointment, Rajat Seth was associated with Cherry Hill Interiors as Chief Human Resources Officer (CHRO) for around 5 years. He has also worked with reputed...
Wipro CEO and Managing Director Thierry Delaporte said the company will pay out 100 per cent of variable pay to 85 per cent of its employees for the second quarter of financial year 2023. Speaking to media following the second quarter results, he also said the company has promoted more than 10,000...
IT company HCLTech announced a restructuring of its top management by switching its leadership for key roles including HR. The company’s previous HR Head for Americas and global GTM HR Leader Ramachandran Sundararajan has been appointed as the new chief people officer. “Ram has been a veteran at...
News Section
Employers Have To Deposit Employees’ Contribution Towards EPF/ESI To Avail Deduction U/Sections 36(1)(va) & 43B of Income Tax Act: Supreme Court
The Supreme Court observed that employers have to deposit the employee’s contribution towards EPF/ESI on or before the due date for availing deduction under Sections 36(1)(va) and 43B of the Income Tax Act, 1961. The court observed that there is a marked distinction between the nature and...
The Delhi government has increased the minimum wages in the city and the new rates will be applicable from October 1, officials said Wednesday. ‘Amidst the rising inflation, this is a big step taken in the interest of the labour class. The Delhi government has hiked the dearness allowance for...
Cornerstone OnDemand, Inc., a leader in adaptive HR solutions, announced the appointment of Nishchae Suri as Managing Director at Cornerstone India. Nishchae in his new role will lead the overall business of Cornerstone in India and will be responsible for spearheading strategic growth, operations...
(Reuters) – India’s popular edu-tech startup Byju’s will lay off 2,500 employees in its push towards achieving profitability by March next year, the Tiger Global-backed firm said on Wednesday. Valued at around $22 billion in September, the online learning platform had in May...
(PTI): Employers will no longer be required to deduct GST on the cost of the subsidized food recovered from its employees, the Early Decision Authority (AAA) said Tuesday. The AAR’s Gujarat Bank issued the ruling after Zydus Life Sciences approached the authority for clarification as to whether GST...
Around 77% employers are likely to increase their hiring of apprentices in July-December 2022, up from 72% in the first half of the year, according to the findings of the latest TeamLease Apprenticeship Outlook report. The net apprenticeship outlook (NAO) or the difference between companies looking...
Vijay Rane has joined Milestone Inc as Global HR Head. He has confirmed this development through a social media post. Prior to this appointment, Vijay Rane was associated with eInfochips (An Arrow Company) as Vice President Human Resources for more than 4 years. Also read: Narvada Singh Joins...
People Movement
