INDIA HR NEWS

The Oil and Natural Gas Corporation Limited (ONGC) has released the applications to fill up 4182 apprentice positions. Candidates who fulfill the eligibility criteria can apply for the same at  ongcindia.com . The final date to apply for the same is August 17. The merit list for the same will be announced a week later on August 24. Vacancy details : The recruitment for trade and technician apprentice vacancies are divided into several sectors. As per a notification released by the organisation, there are 228 positions to fill in the northern sector. Western and Mumbai have 1579 and 764 positions to fill. A total of 716 positions will be filled in the Eastern sector, while Southern and Central will recruit 674 and 221 candidates, respectively. Eligibility : Candidates between the age of 18 and 24 can apply for the vacancy and his/her selection will be considered on the basis of marks obtained and merit drawn. In case two candidates secure similar merit, the one with higher age ...

The  Defence Research and Development Organisation (DRDO)  launched ‘Dare to Dream 2.0’ on the fifth anniversary of former president and missile man of India,  APJ Abdul Kalam  on July 28. The ‘Dare to Dream 2.0’ is an open challenge to promote the innovators and startups of the country. The winners will be decided after due evaluation by an expert committee. Award money, up to Rs 10 lakh for startup and Rs five lakh to the winner from the individual category, will be given. The application process has not started this year yet. The entries received will be judged by a two-stage process, screened by domain expert committee and short-listing and ranking by an independent expert committee, as per the rules shared last year. For individual categories, the applicant should be a citizen of India above 18 years of age and for start-up entries, the company should be controlled by Indians and recognisd by DIPP. The DRDO claims that the objective of the programme is to “unear...

AAI Recruitment through GATE:  The Airports Authority of India (AAI) has invited applications from candidates who have cleared GATE 2019. A total of 180 vacancies are open through this recruitment drive. The online application will begin from August 3 and the last date to apply and submit fee is September 2. Interested can apply at  aai.aero . Selected candidates will be hired at the post of a junior executive. Freshers having no experience can also apply. Seats will be reserved for candidates having 40 per cent or more disability. Based on the application forms and GATE score. Selected candidates will have to appear to a Delhi-based office for document verification. AAI recruitment through GATE: Eligibility criteria Education:  Candidates should have cleared the relevant level of engineering degree with at least 60 per cent marks. Age:  The upper age limit is capped at 27 years. The upper age will be relaxed for reserved category candidates. AAI Recruitment through ...

SBI circle based officer recruitment 2020:  The  State Bank of India (SBI)  has started the online registration process for recruitment at 3,850 vacancies at the post of circle-based officer. Interested can register at bank.sbi/careers or sbi.co.in. The application process will close on August 16. The vacancies are for the Ahmedabad, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, and Maharashtra circle. Selected candidates will be posted in the circle of state for whose vacancy they are selected. Candidature of the applicant will be considered only against the vacancies in the state for which he/ she has applied/ opted. The merit list will be drawn state-wise, category wise. SBI recruitment 2020: Eligibility Education : Applicants need to have at least a graduate-level degree. Candidates should have a mark sheet or certificate of having studied the local language of the state they are applying for at the level of class 10 or 12. Age:  The upper age is capped at 30 ye...

Delhi minister Gopal Rai on Sunday said the AAP government will launch a special programme to generate more employment opportunities in the city, a move aimed at reviving the capital’s economy, which was affected due to the lockdown. The labour and employment minister told PTI that as part of the special programme, Chief Minister  Arvind Kejriwal  will launch a job portal in the next few days, where the companies looking to hire and job seekers can register themselves. The  Aam Aadmi Party  (AAP) government will soon come out with a slew of reforms to revive the national capital’s economy, which has been adversely affected due to the  coronavirus -induced lockdown, he said, adding that many migrant workers have moved out of Delhi and several people have lost their j“We have decided to aggressively run a special programme to generate more employment opportunities. “In the next few days, the government will launch a job portal, which will act as a common platform ...

UPSC recruitment 2020:  The  Union Public Service Commission (UPSC)  has invited applications for 121 posts. The applications are open and will close on August 13, 11:59 pm. The last date to print a completely filled application form is August 14, 11:59. Interested can apply at  upsc.gov.in  or  upsconline.nic.in . Candidates will be selected on a probation period. They will have to clear the interview. Applicants will be shortlisted for interview based on information provided in the application form. The minimum qualifying marks are 50. For those belonging to OBC category, the cut-off is 45 and for SC, ST, and PH category, the cut-off is 40 marks. UPSC recruitment 2020: Vacancy details Total – 121 Medical officer – 36 Assistant engineer – 3 Specialist grade III assistant professor – 46 Specialist grade II (neurosurgery) – 14 Senior Scientific officer – 2 Senior scientific officer biology – 6 Senior scientific officer chemistry – 5 Senior scientific officer...

Railway Recruitment 2020:  The Western Railways is inviting applications for the post of junior technical associate on a contractual basis. The application process is on at rrc-wr.com from July 24 onwards and will be closed on August 22, at 11 pm. Interested candidates will have to apply before the deadline. The job will be on contract up to November 19, 2020. The contract will be renewed on a year-to-year basis, as per the official notice. A total of 41 vacancies are offered under this notification. Candidates will be given 55 marks on the basis for their qualification, 30 marks for work experience and 15 marks for personality or intelligence test. The evaluation will consist of all three parameters combinedly constituting of 100 marks. Railway Recruitment 2020: Eligibility requirements Education:  The applicant needs to have either a three-year diploma or a BSc or a four-year relevant degree in the related field. The candidate must have secured minimum marks of 60 per cent i...

London-headquartered Standard Chartered has come up with a list  of several hundred employees that it plans to eliminate, and a cutback program is set to get underway. The company right now employs about 85,000 people. The statement from the bank highlights, “A small number of roles are being made redundant in line with our commitment to transforming the bank and ensuring its future competitiveness.” It further stated, “This is not the result of any impact from the COVID-19 pandemic.” Focused on markets in Asia, Africa and the Middle East, the lender has faced pressure from investors to reduce costs to improve returns to boost its share price. The bank last month underwent a radical revamp that shrunk middle management, and invested billions of dollars in improving its technology. Job cuts at Standard Chartered had been put on hold early on during the Covid-19 outbreak, with the bank saying it did not “intend to make any layoffs because of the pandemic.” Those losing their jobs wil...

A study by SAP Concur suggests that work from home is no more a new normal as employees, especially in India as 69 percent of them believe that their productivity has increased while working remotely. 88 percent of the Indian workforce revealed that they prefer to have the flexibility of working from home.  However, to support employees while they work from home, according to the study, merely 11 percent of Indian organizations have embraced end-to-end digital finance and administrative processes. These manual processes take up significant employee time that can otherwise be used for productive work. Across India, 36 percent of mid-large sized companies are still using manual processes for submitting business expenses. Asia Insight, which conducted the survey, used International Labour Organization (ILO) statistics on output per worker and the number of information workers, and the study’s results, to calculate and derive that saving just 10 percent of the time spent on filing and ...

The company had 281,200 people on its rolls as of June 30, down from 291,700 sequentially, and 2.5 percent from 288,200 in the second quarter of last fiscal. Quarterly annualized attrition moved up to 24 percent, one of its highest in the industry, while voluntary attrition was 11 percent. This means that the remaining 13 percent were made redundant. Every major IT company saw headcount declines in the last quarter because of the lockdowns and slowdown, but none as high as Cognizant. TCS's was down 4,788. Net headcount declined approximately 2.5% year-over-year, including the roughly 7,000 associates exited under the Fit for Growth plan. These cost actions as well as increased rigor in our performance management process are reflected in our elevated annualized attrition rate of 24 percent. Voluntary attrition continued the downward trend we've seen over the last four quarters to approximately 11 percent. in Q2,” said outgoing chief financial officer Karen McLoughlin in a confer...

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A group of experts led by former ISRO Chief K Kasturirangan has recommended a name change for the Ministry of Human Resource Development (HRD). In October 2019,  HT  reported that according to a key recommendation in the draft New Education Policy, in order to bring the focus back on education and learning, the Ministry of Human Resource Development should be redesignated as the Ministry of Education (MoE). According to a tweet by ANI, The Ministry of Human resource renamed as Ministry of Education. Union Minister Prakash Javdekar and HRD Minister RP Nishank will be holding a press conference at 4:00 PM, where the announcement is likely to be made. With the new change, the new National Education Policy (NEP) will replace the existing National Policy on Education. 

Online investment & wealth management platform Paytm Money announced the appointment of Varun Sridhar, as the new Chief Executive Officer of Paytm Money. He will lead the launch & development of the equity brokerage other than growing the already successful mutual funds, NPS and Gold services. Under his leadership, the company will continue to simplify, innovate, and bring wealth management products to millions of Indians. He will be reporting to Amit Nayyar, President at Paytm.  Varun has led the digital transformation journey of some of the top retail banks in India and abroad. Most recently he served as CEO of FinShell India where he launched realme PaySa a fintech platform on mobile. Prior to this role, he was with BNP Paribas for close to eight years where amongst other assignments he supported the acquisition of Sharekhan. As a board member & member of the executive committee, he supported the scale-up of the digital equity brokerage & mutual fund business. He...

Mumbai-based Raymond Ltd., one of the world’s biggest producers of worsted wool fabric used to make quality suits, is slashing jobs by more than a third as people are home-bound on account of the coronavirus outbreak. The fabric-maker is reducing jobs, rents, and marketing costs to decrease expenses by as much as 35% for the financial year started April 1, stated Chairman Gautam Hari Singhania in a virtual interview last week as per a media  report . It has also sought to freeze loan repayments under a one-time program offered by the central bank. “Raymond has taken this as an opportunity to re-set,” Singhania said. “What we know is this is a crisis and we will stand strong.” The cuts come as the shift to online engagements has affected the demand for business clothing worldwide. This has also led to the two-century-old Brooks Brothers Group Inc. being pushed into bankruptcy this month. Similarly, Raymond has seen its shares suffer the biggest drop among global peers this year. Sho...

Cognizant Technology Solutions Corporation has announced that Jan Siegmund will be appointed Chief Financial Officer, effective September 1, 2020.   Siegmund most recently served as CFO of Automatic Data Processing ("ADP"), a leading global human capital management technology and service provider.  He will succeed Karen McLoughlin, who will continue in the CFO role through August 31, 2020, and will remain with the Company in an advisory role through December 31, 2020. "Jan is an accomplished executive with a wealth of experience in finance, strategy, and general management," said Brian Humphries, Chief Executive Officer.  "He has the right set of leadership attributes and industry experience to help drive the continued execution of our strategic growth plan. We look forward to welcoming him to the team on September 1." Humphries continued, "Karen has been an outstanding CFO and business partner, and has also been an invaluable resource for me during m...

Monthly Awarding Ceremony was organized by the Management of Teyseer Services Company at Head Office on 29th July 2020 to honor awardees for the month of June 2020. Mr.Mohammed Jama, Public Relations Officer delivered a safety talk and Mr.Francois Pujo, General Manager of Sodexo welcomed all awardees and honored them by giving cash awards and merit certificates. Mr.Manu Rajan, HR Associate of Sodexo compered the program and also delivered vote of thanks. Details of awardees: Bijaya Kumar Pradhan -Midmac Abunkla- Best Employee Khum Bahadur Thapa-GWC - Best Service Spirit Bhim Bahadur Rana -CWH - Best Team Spirit Anish Pulukool - Seafox Frontier - Best Spirit of Progress Umananda Pokharel - CWH - Best Driver Mohammed Shamin Miah - Marinia - Best Offshore Mahesh Keshavan - Qatar Shell - Special Award Sibsankar Jana - Seafront Frontier - Special Award.

Jaguar Land Rover (JLR) has picked ousted Renault boss Thierry Bollore as its next chief executive, with a mission to return Britain's biggest carmaker to profit after a big hit from the COVID-19 pandemic. Bollore took over at Renault in January 2019 after the fall of Carlos Ghosn, but was always viewed as close to the French carmaker's longtime boss and was pushed out in October when the company was looking for a fresh start. Bollore will take over at JLR on Sept. 10, replacing Ralf Speth, whose tenure ends after more than 10 years. "It will be my privilege to lead this fantastic company through what continues to be the most testing time of our generation," Bollore said in a statement on Tuesday. JLR was hit this year first by disruption to sales in China and then by lockdowns across Europe and North America as the COVID-19 outbreak spread around the globe. In 2019, it cut jobs to address tumbling diesel sales, which helped it return to profit. But as the pandemic st...

After announcing layoffs on 20th July, Indigo has announced a pay cut which will impact 35 percent for its senior employees. The idea is to reduce its cash flow amid the COVID-19 crisis. According to a  media report , IndiGo CEO Ronojoy Dutta told employees, "I will increase my personal pay cut percentage to 35 percent. I am asking all senior vice presidents and above to take a 30 percent pay cut, all pilots will see their pay cut percentages increased to 28 percent, all vice presidents will take a 25 percent pay cut and associate vice presidents will take a 15 percent pay cut." It can be recalled that ten days back the company laid off 10% of its employees and announced care package. The care package consists of financial support, severance payment, annual bonus, longevity bonus, and medical insurance. 

CASHe, the lending platform to salaried millennials has announced that its Board of Directors has appointed Yogi Sadana as interim Chief Executive Officer, effective immediately. Yogi Sadana will be succeeding the outgoing CEO, Ketan Patel who left the company to pursue other opportunities. Besides managing the role of the CEO, Yogi will continue to serve as the CFO of the company, a title he has held since joining the company in 2017. Over the years, Yogi has played a stellar role in the company’s business, capital raising and financial strategy. Yogi Sadana, a Chartered Accountant brings in over 15 years of rich finance, strategy, business experience and has worked in leadership positions with large multinational organizations in the past.  “Yogi is the right person to lead CASHe into the future, given his experience and background in business and finance and his proven ability to drive results,” said V. Raman Kumar, Founder, Chairman, CASHe. “We are on a positive growth trajecto...

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