Tag: Merger

How Modenik Lifestyle integrated cultures after the merger

Last year, Advent International decided to merge its two portfolio companies, Dixcy Textiles and Gokaldas Intimate wear, the latter being the parent company of...

Churchill II to merge with Skillsoft and acquire Global Knowledge

Churchill Capital Corp II will merge with Skillsoft, as per an agreement entered into by the two parties. The transaction is valued at about...

CBSI India and staff to now operate as part of FirstMeridian

FirstMeridian, the HR platform, has announced 100 per cent acquisition of technology company, CBSI India. The information technology (IT) staffing business and its employees...

“No layoffs post merger of OBC, UBI and PNB,” assures MD...

SS Mallikarjuna Rao, MD and CEO, Punjab National Bank (PNB), has assured the employees that no jobs will be slashed following the merger of...

Willis Towers Watson faces lawsuits for misleading shareholders

The acquisition of Willis Towers Watson by Aon has been making headlines for all the wrong reasons. The former is facing a minimum of...

Employees strike against merger and consolidation of PSBs

Employees of public-sector banks (PSBs) held a day-long protest against the merger of banks and the hike in service charges. A nation-wide dharna against...

BSNL and MTNL to be merged, Cabinet approves VRS package for...

As part of the rescue plan to revive Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) the Governemnt has decided to merge the...

Bank employee unions to go on strike on 22 October

Banking operations are likely to be impacted next week when the bank employee unions go on strike on 22 October. The strike has been...

BSNL will lay off 30% contract workers

It is reported that 30 per cent of the contract workers in BSNL will be laid off, as the state-run telecom company is struggling...

Mahindra & Mahindra will control the composition of board of directors...

Indian multinational car manufacturing company, Mahindra & Mahindra (M&M), will be acquiring 55 per cent stake in Meru Travel. As per the agreement, post...

How can HR ensure the success of a strategic alliance?

There are many examples of strategic alliances in India, where two organisations have come together to achieve a certain goal. One such example is...

Merger of Lakshmi Vilas Bank and Indiabulls Housing Finance announced

Private-sector lender, Lakshmi Vilas Bank is merging with the non-banking finance company (NBFC), Indiabulls Housing Finance. The announcement was an unexpected one for the...

160 laid off at Al Hilal Bank, Abu Dhabi

With a three-way merger on the cards, Abu Dhabi’s Al Hilal Bank has reportedly rendered 160 people jobless. The Bank is expected to merge...

Deutsche Bank to merge with Commerzbank, US staff uncertain

About 10,000 employees of Deutsche Bank in the US are enveloped in uncertainty with the Bank expected to be merged with Commerzbank. The employees...

Walmart Labs acqui-hires start-up Int.AI

After having acqui-hired the start-up Appsfly in September this year, Walmart Labs is now acqui-hiring Int.AI, a machine learning start-up, in an attempt to...

LinkedIn acquires Glint, to offer better, insightful and actionable feedback

Microsoft-owned LinkedIn — the web- and mobile-based business and employment-oriented service — has announced its acquisition of Glint, which is a California-based organisation that...

Mercer acquires talent-assessment firm Mettl

Mercer, a global consulting company has acquired the Gurgaon-based talent assessment company, Mettl. Mettl, founded by Tonmoy Shingal and Ketan Kapoor, has been around for...

HPCL and Mangalore Refinery merger may create people integration issues

With both entities involved in refining, some positions may become redundant.

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

Latest

Employees seek authentic managers: Report

Microsoft’s Work Trend Index Pulse Report says that 82 per cent employees are more inclined to attend one-on-ones at work if their managers are...

Salesforce India to hire 2,500

The cloud-based services company, Salesforce India is set to expand its workforce from its present strength of about 7,500, to about 10,000 by January...

A resume printed on a cake?

A job applicant in the US has taken innovation to another level by sending an edible resume to a prospective employer. Karly Pavlinac Blackburn,...

96% Wipro staff to get hike from 1 Sept

Despite economic pressures in the last quarter, Wipro is giving annual salary increments to 96 per cent of its staff, with effect from September...

DIALOGUE

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...