Bank of America Set to Appoint Vikram Sahu as New Country Head for India
Bank of America is preparing to appoint Vikram Sahu as the new country executive for its India operations. Currently leading global equity research in New York, Sahu will succeed Kaku Nakhate, who has served as India's head for 15 years. Sahu is expected to relocate in the second quarter, pending approval from the Reserve Bank of India.
Opinion:
This leadership change signifies Bank of America's commitment to leveraging experienced talent for its Indian operations. Sahu's extensive background in global equity research could bring fresh perspectives to the bank's strategies in India.
URL - https://www.reuters.com/business/fin...ia-2025-03-24/
Lloyds Banking Group Shifts Skilled IT Jobs from UK to India
Lloyds Banking Group plans to hire hundreds of IT engineers in India while reducing similar roles in the UK. By the end of the year, nearly half of its global IT roles will be based outside the UK, with 4,000 positions in India. This move is part of Lloyds' broader strategy to digitize operations and cut costs.
Opinion:
Lloyds' decision reflects a growing trend among global financial institutions to tap into India's skilled IT workforce. While this may enhance operational efficiency, it's essential to consider the implications for the UK workforce and ensure a balanced approach to global talent management.
URL - https://www.ft.com/content/a304cf5a-...f-16651b59e758
Acer India Introduces Menstrual Leave Policy
Acer India has announced a progressive policy granting female employees one day of menstrual leave per month. This initiative aims to support women's health and well-being in the workplace, acknowledging the need for flexibility during menstruation.
Opinion:
Acer India's menstrual leave policy is a commendable step toward fostering an inclusive and supportive work environment. Such initiatives can significantly contribute to employee well-being and set a positive precedent for other organizations in India.
URL - https://hr.economictimes.indiatimes....onth/104072883
Amazon CEO Announces Changes to Promotion Policies
In a recent all-hands meeting, Amazon CEO Andy Jassy informed employees about upcoming changes to the company's promotion policies. While specific details were not disclosed, the adjustments aim to streamline the promotion process and address internal feedback.
Opinion:
Amazon's initiative to revise its promotion policies demonstrates a responsiveness to employee feedback and a commitment to continuous improvement. Transparent and fair promotion processes are vital for employee morale and retention.
URL - https://www.hrkatha.com/global-hr-ne...motion-policy/
Britannia Faces Strike Disruptions at Gujarat Plant
Britannia Industries reported operational disruptions at its Gujarat plant due to an ongoing strike by workers. The strike has impacted production schedules, and the company is engaging in dialogues with the workers to resolve the issues amicably.
Opinion:
Labor strikes highlight the importance of effective communication and negotiation between management and employees. Addressing worker grievances promptly and fostering a collaborative environment can help prevent such disruptions.
URL - https://hr.economictimes.indiatimes....ions/104072883
Boeing Lays Off Up to 180 Employees in India
Boeing has laid off up to 180 employees in India as part of its global workforce adjustments. The layoffs are part of the company's efforts to streamline operations and reduce costs amid challenging market conditions.
Opinion:
While layoffs are challenging for both the company and affected employees, it's crucial for organizations to provide adequate support during transitions. Transparent communication and assistance in job placement can mitigate the impact on the workforce.
URL - https://hr.economictimes.indiatimes....ndia/104072883
JPMorgan Rebrands DEI to Diversity, Opportunity, and Inclusion
JPMorgan has rebranded its Diversity, Equity, and Inclusion (DEI) initiatives to Diversity, Opportunity, and Inclusion. The change reflects the company's focus on providing equal opportunities and fostering an inclusive workplace culture.
Opinion:
Rebranding DEI to emphasize 'Opportunity' underscores JPMorgan's commitment to creating pathways for all employees. Such initiatives can enhance organizational culture and promote a more inclusive environment.
URL - https://hr.economictimes.indiatimes....sion/104072883
Narayan Murthy Advocates for a 70-Hour Work Week
Infosys co-founder Narayan Murthy has suggested that young professionals in India should work 70 hours a week to enhance productivity and contribute to the nation's development. His remarks have sparked discussions on work-life balance and labor practices in the country.
Opinion:
While dedication to one's profession is admirable, it's essential to balance work commitments with personal well-being. Sustainable productivity is achieved through a harmonious work-life balance, and organizations should be mindful of employee health and morale.
From India, Gurugram
Acknowledge(0)
Amend(0)
25Bank of America is preparing to appoint Vikram Sahu as the new country executive for its India operations. Currently leading global equity research in New York, Sahu will succeed Kaku Nakhate, who has served as India's head for 15 years. Sahu is expected to relocate in the second quarter, pending approval from the Reserve Bank of India.
Opinion:
This leadership change signifies Bank of America's commitment to leveraging experienced talent for its Indian operations. Sahu's extensive background in global equity research could bring fresh perspectives to the bank's strategies in India.
URL - https://www.reuters.com/business/fin...ia-2025-03-24/
Lloyds Banking Group Shifts Skilled IT Jobs from UK to India
Lloyds Banking Group plans to hire hundreds of IT engineers in India while reducing similar roles in the UK. By the end of the year, nearly half of its global IT roles will be based outside the UK, with 4,000 positions in India. This move is part of Lloyds' broader strategy to digitize operations and cut costs.
Opinion:
Lloyds' decision reflects a growing trend among global financial institutions to tap into India's skilled IT workforce. While this may enhance operational efficiency, it's essential to consider the implications for the UK workforce and ensure a balanced approach to global talent management.
URL - https://www.ft.com/content/a304cf5a-...f-16651b59e758
Acer India Introduces Menstrual Leave Policy
Acer India has announced a progressive policy granting female employees one day of menstrual leave per month. This initiative aims to support women's health and well-being in the workplace, acknowledging the need for flexibility during menstruation.
Opinion:
Acer India's menstrual leave policy is a commendable step toward fostering an inclusive and supportive work environment. Such initiatives can significantly contribute to employee well-being and set a positive precedent for other organizations in India.
URL - https://hr.economictimes.indiatimes....onth/104072883
Amazon CEO Announces Changes to Promotion Policies
In a recent all-hands meeting, Amazon CEO Andy Jassy informed employees about upcoming changes to the company's promotion policies. While specific details were not disclosed, the adjustments aim to streamline the promotion process and address internal feedback.
Opinion:
Amazon's initiative to revise its promotion policies demonstrates a responsiveness to employee feedback and a commitment to continuous improvement. Transparent and fair promotion processes are vital for employee morale and retention.
URL - https://www.hrkatha.com/global-hr-ne...motion-policy/
Britannia Faces Strike Disruptions at Gujarat Plant
Britannia Industries reported operational disruptions at its Gujarat plant due to an ongoing strike by workers. The strike has impacted production schedules, and the company is engaging in dialogues with the workers to resolve the issues amicably.
Opinion:
Labor strikes highlight the importance of effective communication and negotiation between management and employees. Addressing worker grievances promptly and fostering a collaborative environment can help prevent such disruptions.
URL - https://hr.economictimes.indiatimes....ions/104072883
Boeing Lays Off Up to 180 Employees in India
Boeing has laid off up to 180 employees in India as part of its global workforce adjustments. The layoffs are part of the company's efforts to streamline operations and reduce costs amid challenging market conditions.
Opinion:
While layoffs are challenging for both the company and affected employees, it's crucial for organizations to provide adequate support during transitions. Transparent communication and assistance in job placement can mitigate the impact on the workforce.
URL - https://hr.economictimes.indiatimes....ndia/104072883
JPMorgan Rebrands DEI to Diversity, Opportunity, and Inclusion
JPMorgan has rebranded its Diversity, Equity, and Inclusion (DEI) initiatives to Diversity, Opportunity, and Inclusion. The change reflects the company's focus on providing equal opportunities and fostering an inclusive workplace culture.
Opinion:
Rebranding DEI to emphasize 'Opportunity' underscores JPMorgan's commitment to creating pathways for all employees. Such initiatives can enhance organizational culture and promote a more inclusive environment.
URL - https://hr.economictimes.indiatimes....sion/104072883
Narayan Murthy Advocates for a 70-Hour Work Week
Infosys co-founder Narayan Murthy has suggested that young professionals in India should work 70 hours a week to enhance productivity and contribute to the nation's development. His remarks have sparked discussions on work-life balance and labor practices in the country.
Opinion:
While dedication to one's profession is admirable, it's essential to balance work commitments with personal well-being. Sustainable productivity is achieved through a harmonious work-life balance, and organizations should be mindful of employee health and morale.
From India, Gurugram
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Register and Log In.
Managing Human Capital.ppt
Human Capital.pdf