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State Bank of India (SBI), the country's largest lender, has devised a strategy to boost gender diversity, aiming to increase its women workforce to 30 per cent within five years. "If we talk about frontline staff, women are almost 33 per cent, but as a total if you see, they account for 27 per cent of the total workforce. So, we will be working towards improving this percentage so that the diversity gets further improved," SBI Deputy Managing Director (HR) & Chief Development Officer (CDO) Kishore Kumar Poludasu told PTI in an interview. The bank is taking measures to bridge the gap and achieve its medium-term goal of 30 per cent women in its workforce, he said. SBI has a total staff strength of more than 2.4 lakh, one of the highest in any organisation in the country and the highest in the banking industry. He further said that the bank is committed to creating a workplace where women thrive at all levels and through targeted programmes, SBI fosters leadership, work-life balance
IT company GlobalLogic has plans to increase its headcount in India by 20 per cent this year, the company said on Thursday. As part of its expansion in the country, the company opened a new office in Chennai with a capacity to accommodate 500 professionals. The new office will serve as the centre for excellence for telecom, 5G and AI-first engineering, the company said in a statement. "India continues to be the cornerstone of our global innovation strategy. As we scale toward a 20,000-strong workforce in the country, Chennai will play a critical role in helping us deliver AI-first, cloud-native, and telecom-grade solutions at scale," Piyush Jha, Group Vice President and Managing Director, APAC, GlobalLogic said. With over 800 employees currently based in Chennai, GlobalLogic plans to increase this number by 20 per cent by the end of 2025, bringing the local headcount to over 1000, the statement said. "This growth contributes to the company's broader ambition of reaching a ...
Even as India's fast-moving consumer durables (FMCD) sector has posted a 30 per cent hiring growth over the past two years, women remain starkly underrepresented, making up just 9 per cent of the workforce, said a report. India's FMCD sector has demonstrated consistent hiring momentum, with a cumulative 30 per cent increase from May 2023 to May 2025, according to a report by CIEL HR titled 'FMCD Sector: Talent Trends and Insights'. The report is based on quantitative analysis, drawing on data from 1,00,000 executives working in India's FMCD sector and 1,005 job postings. It also includes insights from the career sections of FMCD companies operating in India. Despite the sector's strong growth trajectory, the report revealed a huge gender gap, with women making up only 9 per cent of the FMCD workforce, one of the lowest among major sectors. Their representation remains especially low in manufacturing, sales, and technical roles due to long-standing structural barriers, it added. "T
The Office of the Director of National Intelligence will dramatically reduce its workforce and cut its budget by more than $700 million annually, the Trump administration announced Wednesday. Director of National Intelligence Tulsi Gabbard said in a statement, Over the last 20 years, ODNI has become bloated and inefficient, and the intelligence community is rife with abuse of power, unauthorised leaks of classified intelligence, and politicised weaponisation of intelligence. She said the intelligence community must make serious changes to fulfil its responsibility to the American people and the US Constitution by focusing on our core mission: find the truth and provide objective, unbiased, timely intelligence to the President and policymakers. The reorganisation is part of a broader administration effort to rethink its evaluation of foreign threats to American elections, a topic that has become politically loaded given President Donald Trump's long-running resistance to the ...