Tag: Merger

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.

Building presence: The aim of human existence

Some time ago, I visited a popular hole-in-the-wall Konkani restaurant in Mumbai to gorge on its delicious THALI. On an adjoining table was a...

Ten key skills required in an age of digital transformation

As a growing number of organisations integrate digital technologies into all aspects of their business, digital transformation has come to be regarded as the...

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Leadership lessons from a tiny virus

Few days back, my manager, a senior colleague and I were randomly discussing how this one tiny virus has turned the world upside down....

Wipro to roll out bonuses, hikes, hire more

After posting excellent Q4 results, the best in ten years, employees at Wipro can look forward to receiving skill-based bonuses for domains, such as...

‘Can work abroad for 2 months annually’: Revolut to staff

Revolut, the fintech startup from UK, is rolling out a policy that will allow all its 2,000 employees to work abroad for up to...

Hero Group announces the launch of Hero Vired, a new learning venture

Hero Group has decided to step into the edtech industry and has announced the launch of Hero Vired. The aim is to offer end-to-end...

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Binding multi-faceted employees with Titan Values

Titan has different sets of employees for different functions and verticals, ranging from the shopfloor to the retail stores. How do you bring in...

The right people policy for startups – Madan Nagaldinne

You happen to have worked mostly with large organisations. How different is it working for a startup now? When you have worked for big...
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“Archaic HR processes force millennials to switch jobs often,” Niti Khosla, lead people analytics...

Friendly and jolly Niti Khosla, lead-people analytics and business impact, Novartis International, is a true HR leader with the ability to understand people and...