business
Thales, a global leader in defence, aerospace, and digital identity and security, has opened its second Bengaluru office
Thales, a global leader in defence, aerospace, and digital identity and security, has opened its second Bengaluru office
UST, based in California, has opened a new R&D facility in Hyderabad to Hire 2000 Employees
UST, based in California, has opened a new R&D facility in Hyderabad to Hire 2000 Employees
Sam Altman has been reinstated as OpenAI’s CEO.
Sam Altman has been reinstated as OpenAI's CEO.
Wipro may skip salary increments for top performers who receive higher compensation
Wipro may skip salary increments for top performers who receive higher compensation
NSDC and HCLTech collaborate to close the skill gap and empower Indian youth.
The National Skill Development Corporation (NSDC) has joined forces with HCLTech to address the skills gap among Indian youth. This effort is in line with Prime Minister Narendra Modi's vision to equip Indian youth with AI and digital know-how. The focus of the collaboration includes developing new products and programmes to improve digital skills education solutions, creating scalable assessments, and providing reskilling and upskilling opportunities. Both organisations aim to shift hiring from qualifications-based to skills-based with the projected growth of the assessment market reaching $10 billion by 2027.
Uber and Lyft to Pay $328 Million in Wage Theft Settlement in New York
Uber and Lyft have been impacted by wage theft accusations, leading to Uber paying $29 million and Lyft $38 million. Accusations revolve around these companies wrongly charging their drivers for sales tax and other fees that should've been customer charges. The stolen wages will be dispensed amongst current and former drivers, including back pay and benefits like paid sick leave.
TCS will revise staffing company rates in order to improve transparency and attract better talent.
Tata Consultancy Services (TCS) plans to revise its payments to staffing firms for engineer placement for the first time in six years, with effects starting in January 2024. This change, following a bribery scandal involving top officials and staffing firms, aims to increase transparency in contract worker hiring. The alteration doesn't impact permanent employees.
CARS24 intends to hire 100 tech experts this quarter
CARS24, an Indian pre-owned car company, plans to hire around 100 tech professionals to enhance its technology team. The new recruits will focus on R&D, data science, product development, and engineering for a comprehensive car-ownership platform to reshape the used car market. The initiative aims to enhance the customer experience, drive innovation, and adapt to changing customer demands.
SAP Labs India has announced the establishment of a new office in Pune to Hire 300 employees
SAP Labs India has announced the establishment of a new office in Pune to Hire 300 employees
Sony Interactive Entertainment has confirmed the data leak in June has affected 6,791 of its employees
Sony Interactive Entertainment has confirmed the data leak in June has affected 6,791 of its employees
Kohlberg Kravis Roberts & Co. to hire 150 employees for new office in Gurugram
Kohlberg Kravis Roberts & Co. to hire 150 employees for new office in Gurugram
Tata Motors to equip 50% of its workforce with new-age auto tech capabilities in five years
Tata Motors to equip 50% of its workforce with new-age auto tech capabilities in five years
