HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.

TCS Recognised As A Leader In Robotic Process Automation

Tata Consultancy Services, a leading global IT services, consulting and business solutions organization, has been recognized as a Leader in the Forrester Wave™ for Robotic Process Automation (RPA) Services. As per the report, “TCS embraces automation throughout its own organization and across its customer base.” It added, “TCS has deep technical finesse and structured, mature…

Bollywood Celeb Ayushmann Khurrana Invests In Lifestyle Startup ‘The Man Company’

Actor Ayushmann Khurrana joins the list of Bollywood celebrities investing in a startup. The actor invested an undisclosed amount in Helios Lifestyle, the parent entity of The Man Company, a men’s grooming brand. The actor will also be the company’s brand ambassador. According to Hitesh Dhingra, Founder and Managing Director, The Man Company, said that…

Nasscom to Help Karnataka Rewrite Labour Regulation

Karnataka accepts software industry body Nasscom’s offer to help the government rewrite labour regulation. This move will also bring more services online to reduce interface between industries & labour offices. As per statements made by labour minister to the media, S Suresh Kumar said, “The move is taken to align with the changing requirements of…

SHL Acquires Gurgaon-Based Aspiring Minds

Talent evaluation company SHL has acquired Aspiring Minds, a Gurugram and San Jose-based AI-powered test and assessment venture, in a largely all-cash deal. SHL is the global leader in talent innovation, and acquiring a pioneering talent evaluation leader Aspiring Minds will bring wider availability of a globally proven portfolio of innovative products. Aspiring Minds was…

Cabinet approves proposal for Agreement on Science and Technology Cooperation between India and USA

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for Agreement on Science and Technology Cooperation between India and the United States of America. The agreement will unlock a new chapter in bilateral relations as both sides will leverage complementary strengths spurred by a significant convergence of mutual interests in science…

Union Cabinet Approves BSNL-MTNL Merger and Revival Plan

“BSNL and MTNL are strategic assets of India. Neither they will be closed nor being disinvested. We want to make them competitive and bring professionalism.” – Telecom MinisterThe Union Cabinet has approved the merger of two state-owned telecom companies BSNL and MTNL, where MTNL will act as a subsidiary of BSNL. The cabinet also laid…

Hexagon and NASSCOM to open AI Community Centre in Hyderabad

Hexagon AB, the Swedish technology group is planning to open an AI (Artificial Intelligence) Community Centre in Hyderabad next year. The center would be opened by Hexagon Capability Center India (HCCI) in collaboration with NASSCOM. HCCI is the research and development unit of Hexagon AB. The company had recently conducted  ‘Hexathon’, a 24-hour hackathon, and…

JP Morgan to invest $25 million in skill development in India

J.P. Morgan, an American multinational investment bank and financial services, has announced to invest USD $25 million to help low- and middle-income communities in India to develop the skills needed by the country’s workforce in the future. The firm will support skills training and career education programs to equip people in India for careers in…

PeeSafe raises Rs 30Cr in Series A led by Alkemi Growth Capital

Toilet Hygiene Brand PeeSafe has raised Rs 30Cr in Series A led by Alkemi Growth Capital. It was founded by Vikas Bagaria.  Last year the company had raised about $1 million from a group of investors including Rahul Maroli from Ola, Mitesh Shah from BookMyShow. Earlier, in 2017, the company received investment from Venture Catalyst.…

“Hunar Haat”, a government initiative, to provide employment opportunities to Artisans and Craftsmen

“Hunar haat”, an initiative by Ministry of Minority Affairs , will provide lakhs of employment opportunities to Artisans, craftsmen & traditional culinary experts in the next 5 years. Minister for Minority Affairs Mukhtar Abbas Naqvi has said that the Ministry of Minority Affairs has decided to organise about 100 “Hunar Haat” in the next five…

Sunil Lulla is the new CEO at BARC India as Partho Dasgupta steps down.

Partho Dasgupta, the first Chief Executive Officer of BARC India, a Joint Industry Company between Broadcasters, Advertisers and Agencies, today announced his plans to relinquish his position and move on.  The world’s largest Television Audience measurement company today announced a change in leadership. In a statement Partho Dasgupta said “It has been a tremendous journey…

Wipro’s on-demand digital talent platform Topcoder adds new Data Science & AI Features

Topcoder, one of the leading platforms for on-demand digital talent, has recently announced the addition of new data science and AI features.The platform hosts more than 1.5 million developers, designers, data scientists and testers from across the globe.The company founded in 2001 by Jack Hughes, became a part of Wipro Limited in November 2016. Topcoder…