Infosys Current Affairs - 2019
Category Wise PDF Compilations available at This Link
According to a study conducted by Randstad Employer Brand Research (REBR), e-commerce player Amazon India has been rated as India’s most ‘attractive employer brand, followed by Microsoft India which emerged as the runner-up.
Key Findings of Study
Top 10 most attractive employer brands in India for 2019 includes: (1) Amazon, (2) Microsoft, (3) Sony, (4) Mercedes-Benz, (5) IBM, (6) Larsen & Toubro, (7) Nestle, (8) Infosys, (9) Samsung, (10) Dell
Coverage: The Randstad research for year 2019 covered 75% of global economy with 32 participating countries and over 2 lakh respondents worldwide.
For the Indian workforce while choosing an employer salary and employee benefits continue to be top driver, followed by work-life balance and job security.
Although the gender differences between men and women on top three aspects were minimal, but women, attributed more importance to salary and benefits (49%) and work-life balance (47%) as compared to their male counterparts who ranked these as top aspects at 46% and 46% respectively.
The most important finding was that work-life balance was accorded importance as a key factor while considering choosing an employer. This has increased largely (46%) compared to last two years and emergence of fact that Indian employees are willing to place a premium on job security.
There are 23% higher number of employees in India who indicate that they would be agreeable to a security versus compensation trade-off. This is higher than the broader Asia-Pacific (APAC) average.
About 52% of survey respondents showed their willingness to forfeit more than 10% of their salary for job security.
About Randstad Employer Brand Research (REBR)
REBR is world’s most comprehensive, independent and in-depth employer brand research. It identifies most attractive employers among thousands of companies.
The research captures views of more than 2 lakh respondents which include general public (aged 18-65) on 6,162 companies in 32 countries.
It provides insights into drivers and perceptions of choice of potential employees by finding answers to questions such as- Why do people prefer one company, or a specific industry, over another and What motivates them to stay with an employer/start looking elsewhere?
The Ministry of Corporate Affairs (MCA) has laid out its plans to introduce artificial intelligence (AI) system in its MCA 21 portal. It will be introduced when Ministry will roll out the Version 3 of the MCA 21.
- Background: In early 2019, the Ministry of Corporate Affairs sought applications from various service providers so as to develop as well as operate upgraded version of MCA 21 system.
- Objective: To make compliance process easier and to ensure that routine enforcement activities are done regularly on autopilot basis.
- Need: The main focus of Ministry in introducing AI system is to rationalise all forms filled and to follow principle of a single source of truth. This means that one would not be required to fill in the known details again, as it will get filled automatically.
- The MCA also seeks to interlink databases so that routine enforcements are done 24×7 on autopilot basis.
About MCA 21
- About: The MCA 21 is one of 31 Mission Mode Projects (MMP) of National e-Governance Plan (NeGP) of Government of India. This is first Mission Mode Project to be launched under NeGP and is e-governance initiative from the Ministry of Corporate Affairs to meet stakeholder needs in the 21st century.
- Background: The MCA 21 system was first started in 2006. The first phase (Phase I: from 2006- December 2012) of e-governance initiative of ministry was implemented by Tata Consultancy Services (TCS) and the ongoing second phase (Phase II: from January 2013-July 2021) is being implemented by Infosys.
- Significance: The portal is electronic backbone of MCA for distribution of information to all its concerned stakeholders, including the investors, regulators and corporates. It protects investors and also offers many important services to stakeholders.
- It regulates corporate affairs in India through Companies Act, 1956, 2013 and other allied Acts, Rules and Bills. It also allows electronic filings of various documents under Companies Act, 2013.
- It has also fully automated all processes related to compliance and enforcement monitoring under the Act.
- The portal act as a gateway to all guidance, services, and other corporate affairs related information
Tags: Artificial Intelligence (AI) • Companies Act 1956 • Companies Act 2013 • Infosys • MCA 21 • Ministry of Corporate Affairs • Mission Mode Projects • National e-Governance Plan (NeGP) • Tata Consultancy Services