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Wednesday 10 March 2021

HR News: 8 Mar, 2021

1.

Staffing provider, Quess Corp, separates chairman and MD roles

The Indian business services company also appointed a new CFO. Quess Corp, the Indian business services staffing provider globally, has separated the roles of chairman and managing director. Following this move, henceforth, Suraj Moraje, who is the group CEO and executive director, will be promoted to group CEO and managing director with effect from April 1. Ajit Isaac, who is the current executive chairman and MD, will continue in the role of executive chairman. N. Ravi Vishwanath will be the CFO starting April 1. Ravi Vishwanath is moving from Teamlease, where he was CFO. He has also served as finance director at Sun Microsystems. Vishwanath will step into the shoes of present CFO, Subramanian Ramakrishnan, who will leave the Company on March 31 to pursue an entrepreneurial venture, but continue to play advisor to Quess Corp. Moraje expressed his gratitude to Ramakrishnan for his invaluable “contributions to Quess over the last two years” which strengthened the Company’s balance sheet, improved controls, and drove investor relation practices.

 

2.

100% placements at IIM Amritsar’s summer placements for the 6th MBA batch

 

The top quartile average stipend and the highest stipend offered were Rs 99,207 and Rs 1,70,000, respectively. Amidst the uncertainties brought on by the pandemic, IIM Amritsar has successfully concluded summer placements for the MBA batch 2020-22, with 100% placements. This was the Institute’s largest MBA batch till date, with 212 students, that is, 50 per cent more than the last batch. Interestingly, 33 per cent of the batch comprises girl students and the batch has students from more than 24 states in India. The top quartile average stipend and the highest stipend offered were Rs 99,207 and Rs 1,70,000, respectively. The students were given opportunities in all areas of management, including marketing, finance, operations, business analytics, HR, and general management. The entire process was held virtually, as has been the case at most MBA institutes this year, owing to the pandemic.

 

3.

TalentSprint and Google’s 3rd cohort to nurture 500 women engineers

The edtech platform launched TalentSprint WE to reduce gender disparity in the technology space. TalentSprint, educational technology platform and NSE group company, has announced that the third cohort of the pioneering Women Engineers Programme, or WE, with support from Google, will begin in May 2021. Conceived in 2019, TalentSprint WE aims to reduce the gender disparity in the tech industry. The response has been overwhelming, with the first two cohorts having received 27,000 applications, of which 220 participants were invited to join the programme. Encouraged by the positive response, this third cohort is being scaled up to accommodate 500 participants, targeting first-year women engineering students across India.

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