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RINGFENCE TALENT
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- Pay hikes at booming GCCs may top IT companies in FY26 tooGlobal capability centres (GCCs) are expected to offer higher salary increases compared to Indian IT service companies in FY26. GCCs are pr...
- EV Inc plans to soup up pay engine for talent retentionEV manufacturers and related companies are offering disproportionate salary increases this year to retain talent. Skilling employees is a p...
- Funding winter or not, startups loosen purse strings to reward top talentGiving high increments, stock options, bonuses, global roles and accelerated promotions to ringfence people who are critical to business.
- Companies will ringfence talent through new approaches: Quess Corp executive chairman Ajit IssacTo further bolster the compensation game and retain top talent, firms will enhance their bespoke, holistic benefits offering models, to mak...
- India Inc's attrition woes deepen as job offers swellUnlike previous years where candidates were offered 20-30% pay hike offers, letter of offers now include a 100% jump and with additional eq...
- Startups set to loosen purse strings for bigger pay hikesCompensation experts said average salary increments at startups are likely to be in the range of 12-15% and among the highest across sector...
- Muted impact of second Covid-19 wave: Companies hand out bigger pay hikes on green shootsActual average salary increment for 2021 across companies in the country was 7.9% against 7.3% they had projected in March, as per ‘Covid-1...
- US, Indian taxmen put a question mark on Indian outsourcing businessTax experts say that while India would not have much in their control when it comes to the US policies, it could try and tackle the domesti...
- Why the India-centric overseas funds aren’t based out of India?A deep investment market with global participation significantly enhances the value creation propensity of an economy.
- L&T board reappoints AM Naik as non-executive chairman for 3 yearsNaik has been re-appointed as a non-executive chairman for a period of three years with effect from October 1, 2020 and up to September 30,...
- Work from home: How Corporate India is securing itself from cyber attacksMany loose ends were left open as companies scrambled to set up work-from-home infra at short notice.
- View: Making Bengaluru Asia’s innovation capitalKarnataka’s new entity will help innovators navigate national and local laws. Innovation, by its very nature, brings in disruption to the w...
- 'Need to build digital talent from schools, universities to fill huge shortage'There are challenges that companies are face to embark on the digital transformation journey.
- Electric vehicle makers face shortage of engineersCurrent demand is pegged at 5,000 engineers, mostly in the electric, electronic and mechanical disciplines.
- Too much benchmark hugging hurting investment judgment: Shyam Sekhar, ithought“The way mutual funds manage fund managers and their performances internally is rotten.”
- A first in Tata Group's 150-yr-old history: Esops for employeesThe initiative is the first of its kind for a large manufacturing company in the $100-bn Tata Group and is aimed at driving performance cul...
- Compliance blues spark exodus of independent directorsBoards are being pulled up in most instances where loans have turned into NPAs, many of these companies in the infrastructure and core sect...
- Here’s how fourth generation of TVS Group ensuring it stays relevant and togetherHere’s how 15 members of the fourth generation, along with 16 members of the third, are ensuring TVS Group - the 106-year-old conglomerate ...
- Wipro to buy Appirio cloud services for $500 million, acquisition expected to be completed in DecemberAppirio CEO Chris Barbin will lead the expanded business, Wipro said in an announcement. The deal is Wipro's second biggest acquisition.
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