ArdorComm Media Group

Human Resource Community

Vistara Issues Ultimatum to Pilots Over New Pay Structure Amid Merger with Air India

Vistara, in the midst of its merger with Air India, has given an ultimatum to its pilots regarding a new pay structure, sparking concerns among pilots, particularly First Officers, who anticipate significant pay cuts. The ultimatum, issued just hours before the deadline to accept the new pay terms, warns of potential exclusion from the integrated …

Vistara Issues Ultimatum to Pilots Over New Pay Structure Amid Merger with Air India Read More »

LTIMindtree Faces Risks Amid Citibank Restructuring and Leadership Exodus

LTIMindtree, the sixth largest Indian IT firm, finds itself navigating turbulent waters following Citibank’s restructuring and a wave of high-level executive departures post-merger. Analysts warn that these developments pose significant risks to the company’s wallet share compared to its peers in the IT services industry. Citibank, a key client for LTIMindtree alongside other major IT …

LTIMindtree Faces Risks Amid Citibank Restructuring and Leadership Exodus Read More »

Byju’s-Aakash Merger Application Withdrawn Amid Governance Dispute

The proposed merger between Byju’s and Aakash Educational Services Ltd (AESL) has hit a stumbling block as both companies withdrew their merger petition during a hearing at the National Company Law Tribunal (NCLT) on Tuesday. This move follows a series of governance disputes and challenges encountered since the acquisition. Initially structured as a cash-and-stock deal, …

Byju’s-Aakash Merger Application Withdrawn Amid Governance Dispute Read More »

Centre Raises Threshold for Merger and Acquisition Vetting by Competition Commission of India

The Corporate Affairs Ministry has announced revisions to the thresholds for mergers and acquisitions (M&As), altering the criteria for exemption from Competition Commission of India (CCI) approval. Under the new regulations, companies are not obligated to notify the CCI if the target entity’s assets, including subsidiaries, amount to less than Rs 450 crore, with a …

Centre Raises Threshold for Merger and Acquisition Vetting by Competition Commission of India Read More »

Nothing Appoints Yudhisthir Singh as Head of HR for India Operations

Nothing, a global consumer tech company, has appointed Yudhisthir Singh as the Head of Human Resources for its India operations, effective March 7, 2024. With over 18 years of HR leadership experience spanning various sectors including fintech, FMCG, retail, manufacturing, and banking, Yudhisthir brings a wealth of expertise to his new role. He will be …

Nothing Appoints Yudhisthir Singh as Head of HR for India Operations Read More »

RBI Approves Merger of Fincare Small Finance Bank with AU Small Finance Bank

The Reserve Bank of India (RBI) has given its approval for the merger of Fincare Small Finance Bank Ltd with AU Small Finance Bank Ltd, effective from April 1, 2024. Following the merger, all branches of Fincare Small Finance Bank Ltd will operate as branches of AU Small Finance Bank Ltd. This decision from the …

RBI Approves Merger of Fincare Small Finance Bank with AU Small Finance Bank Read More »

Indian Army’s HR Policy Shifts Focus to Specialisation, Colonel Prasad Bansod Leads the Way

The Indian Army has ushered in a new era of specialisation with its revamped Human Resource (HR) policy, effective from January 1, 2024, aiming to retain expertise in critical fields. Under this policy, officers above the rank of Lieutenant Colonel are now permitted to continue working in specialized domains rather than transitioning to command positions, …

Indian Army’s HR Policy Shifts Focus to Specialisation, Colonel Prasad Bansod Leads the Way Read More »

Uttarakhand High Court Upholds Rights of Pregnant Women in Government Employment

The Uttarakhand High Court has delivered a groundbreaking ruling affirming that women cannot be denied employment due to pregnancy. This landmark decision, inspired by the case of Misha Upadhyay, who faced discrimination in a nursing officer position due to her pregnancy, represents a pivotal advancement in safeguarding fundamental rights and promoting gender parity within India’s …

Uttarakhand High Court Upholds Rights of Pregnant Women in Government Employment Read More »

Godrej Capital Appoints Bhavya Misra as Chief Human Resources Officer

Godrej Capital, a leading financial services company, has named Bhavya Misra as its new Chief Human Resources Officer (CHRO), effective immediately. With over 15 years of extensive experience across various sectors including finance, commercial, IT, electronics, and telecommunications, Bhavya brings a wealth of HR leadership expertise to her new role. Before joining Godrej Capital, Bhavya …

Godrej Capital Appoints Bhavya Misra as Chief Human Resources Officer Read More »

Senior VP of HR at Reliance Jio Launches Comprehensive Guide “HR Mastermind”

Harjeet Khanduja, Senior Vice President of HR at Reliance Jio, has unveiled his latest book titled “HR Mastermind,” aimed at providing invaluable insights to HR professionals and students alike. Collaborating with ZebraLearn, this book sets a new benchmark in HR management literature, offering practical guidance across various aspects of human resource management. Divided into three …

Senior VP of HR at Reliance Jio Launches Comprehensive Guide “HR Mastermind” Read More »