Jayshree Ullal The Richest Indian Professional Manager on the Hurun India Rich List 2023 The Hurun India Rich List for 2023, released recently, has crowned Jayshree Ullal as the richest Indian professional manager. With a staggering net worth of Rs 20,800 crore, she surpasses prominent tech CEOs like Microsoft’s Satya Nadella (Rs 7,500 crore) and …
Accenture’s Compensation Decision No Pay Raises for Employees in India and Sri Lanka in 2023 Global consulting and professional services giant Accenture has announced that it will not be providing pay raises to its employees in India and Sri Lanka for the year 2023, except in cases where it is legally required or in critical …
Infosys Cautiously Navigates Challenges Amid Downturn in Key Sectors Indian multinational IT giant Infosys is approaching the remainder of the year with a soft and cautious outlook as it grapples with the repercussions of a downturn in several critical sectors. The company continues to face challenges in telecom, high-tech, retail, and areas of payments and …
RBI Slaps INR 5.39 Crore Penalty on Paytm Payments Bank for KYC Non-Compliance and Cybersecurity Violations In a significant development, the Reserve Bank of India (RBI) has imposed a penalty of INR 5.39 crore on Paytm Payments Bank for non-compliance with Know Your Customer (KYC) norms and violations related to cybersecurity. This action underscores the …
TCS Continues 100% Variable Pay for Majority of Employees in Q2FY24 Amidst Workforce Changes Tata Consultancy Services (TCS), India’s largest IT services company, is making headlines with its recent compensation strategy, as it continues to adapt to the ever-changing landscape of the IT industry. In a move that has garnered attention, TCS announced that it …