Edition 14: Weekly Industry News and Trends
October 22, 2024
Welcome to the fourteenth edition of Weekly Industry News and Trends. We are excited to present this newsletter to provide HR leaders with curated global news, with a special focus on India, to keep you informed about the latest market trends and developments. Our aim is to deliver concise, insightful updates every Tuesday, complete with links to the original sources for deeper exploration.
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01. Company/ Hiring News:
Covers company-specific news and major hiring news -
Wipro makes it mandatory to work three-days from office READ MORE
Tata Consultancy Services begins campus hiring process for 2025-26, 11,000 hired in first half of 2024-25 READ MORE
A more secure and efficient hiring process: Infosys new procedure READ MORE
Bonfiglioli invests ₹320 crore in India expansion, adding new facilities in Tamil Nadu READ MORE
Reliance Industries Limited may be planning to 'replace' JioCinema with Disney+Hotstar READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
World Mental Health Day: Are corporates encouraging enough conversations around mental health? READ MORE
Indian corporates expected to maintain 9.5% salary increase in 2025 READ MORE
India’s tech sector likely to add up to 1.2 lakh AI job roles in next 2 years READ MORE
India will require $170-billion to fund aviation sector expansion by 2030 READ MORE
Company hacked after accidentally hiring North Korean cyber criminal as remote IT worker READ MORE
India GCC Sentiment:
Bengaluru Airport City breaks ground for 2 million sq ft business park, targets Global Capability Centers READ MORE
Tamil Nadu industries minister Dr TRB Rajaa inaugurates Mizuho’s largest GCC in Chennai READ MORE
SEI eyes Hyderabad for new Global Capability Center READ MORE
Global Layoff News:
Nokia announces layoffs to cut costs, aims to save up to 1.2 billion euros by 2026 READ MORE
Meta layoffs: Jobs cut across WhatsApp, Instagram, and Reality Labs READ MORE
03. Expansions and M&A
Covers company expansions and M&A news -
CEAT Limited to expand Chennai plant READ MORE
M&A News:
TuHURA Biosciences, Inc. announces completion of merger transaction with Kintara Therapeutics, Inc. NASDAQ: KTRA READ MORE
04. Diversity Initiatives
Covers company DEI initiatives and recent developments -
Godrej Consumer Products Limited includes women, PwD in production roles READ MORE
India tops S Asia in women labor participation READ MORE
Innodata Inc. : Championing Gender Diversity, Inclusion, and Equal Opportunity READ MORE
Novartis is consistently expanding its gender diversity READ MORE
05. Leadership Highlight
Covers leadership movements and hires -
Pooja Duggal joins Exicom Tele Systems Limited as CHRO READ MORE
Sify Technologies Limited. announces the appointment of Ms. Padmaja Chunduru as Director on the Board READ MORE
Noel Tata appointed as chairman of Tata Trusts READ MORE
The news/ content presented in this newsletter is curated from various external sources. We do not claim ownership of the news articles or express any opinions on the information provided. This newsletter aims to keep HR leaders and professionals informed about current industry developments on a weekly basis. All external content remains the property of the respective authors and publishers. Any views or opinions expressed in the external articles are those of the authors and do not necessarily reflect our views. We are not responsible for the accuracy, completeness, or reliability of any information contained in the articles shared.