The provisional figures released by the EPFO for six months showed 3.11 million workers joined the workforce in the formal sector during September 2017-February 2018. On a pro-rata basis, this would mean that 6.22 million additional jobs were created in 2017-18.
Mallick is working with Tata Sons from past 21 years. She will replace industry veteran S Padmanabhan who had been heading the HR function for past 18 months. He would be turning 60 this May and hence would be retiring as per the company policy.
One of the largest British multinational banking and financial services company Standard Chartered Bank recently appointed Sachin Gupte as its new Head of Human Resources (HR) in India as per the report by Business World.