Accounting NEWS

Capgemini on hiring spree, India headcount to hit 1 lakh by April end

Admin| Feb 19, 2017 - 11:07 PM

MUMBAI: French IT major Capgemini said its employee base here will touch 1 lakh by April ­end and despite the concerns on protectionism, it will continue to recruit more talent in the country with a bias towards hiring more freshers.

“We will be touching 1 lakh in a few weeks’ time…we are at 98,800 employees right now and we shall touch 1 lakh by April­end,” Capgemini India Chief Executive Srinivas Kandula told PTI here.

The company is the third largest em......

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92 Percent employees look up to employer facilitated insurance plans: Survey

Admin| Feb 15, 2017 - 11:03 PM

MUMBAI: With employee health and benefits landscape undergoing rapid changes, a recent survey revealed that 92 per cent respondents felt their employers should cover a range of risks by facilitating voluntary benefit plans.

“More than half of the surveyed employees depend on their own finances to address the top four risks ­ the medical emergency, disability, loss of property, and loss of income. About 92 per cent employees said they are willing to share premium costs and buy vol......

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Budget 2017: How to cut tax outgo and maximise your take home salary

Admin| Feb 02, 2017 - 10:46 PM

Section 80C: The Rs 1.50 lakh tax ­saving window
Section 80C of Income Tax Act allows exemption of investment or spending from income tax. But here’s how you can maximise your savings by making some common investments:
1. Your Provident Fund contribution
2. Principal component of your housing loan from prescribed institutions
3. You can invest Rs 500 to Rs 1.5 lakh every year in a Public Provident Fund (PPF) account
4. Tuition fees of two children
5. Life insurance premiums for self, s

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3 personal income tax googlies to watch out for

Admin| Feb 02, 2017 - 10:43 PM

1. Investing in house property is an attractive proposition, with availability of home loans. In case of self­ occupied property, the interest on home loan is allowed a deduction of up to 2 lakh.

However, if the property has been let out (which is typically the case if you own more than one house), the interest was fully allowed. This, in some instances, could result in a loss – under the head ‘Income from House Property’. The loss could be set off fully against income und......

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Capgemini appoints IBM’s Anil Jalali as India HR head

Admin| Jan 07, 2017 - 01:10 AM

BENGALURU: Capgemini said it appointed Anil Jalali as Chief Human Resources Officer for its India operation, effective January 1, 2017.

Jalali joined Capgemini India from IBM India where he was the executive director of human resource.

Jalali takes over from BL Narayan who is joining Capgemini’s Business Services Strategic Business unit as head of solutions and sales support.

“With the successful acquisition and integration of IGATE, India is pivotal to the Group’s tran......

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Accenture Teams with Code.org to develop computer skills for digital economy

Admin| Dec 06, 2016 - 10:24 PM

NEW DELHI: Accenture employees pledge more than 10,000 hours to participate in their ‘Hour of Code’ tutorials to teach computer programming to students to promote access to computer science education.

This is the second year of the partnership when the company is collaborating with Code.org to support the initiative.

“The need for more computer science graduates has never been greater. Last year, there were 500,000 new computing jobs available in the U.S. but only 40,000......

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AV Birla Group to employ 12,000 entry-level staffers in 3 years

Admin| Sep 29, 2016 - 11:28 AM

The diversified Aditya Birla Group will employ 12,000 people at the entry level in the next three years, its Chairman Kumar Mangalam Birla said today.

"In the next three years, we would employ about 12,000 people at entry level. This would be graduate engineers, diploma holders, MBAs and ITIs for our manufacturing units," Birla said at an event here.

He added that "jobs get created when you have growth, when it is sustainable and solid."

At present, the total employee base of the conglomerate ......

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