Aneesh Phadnis And Somesh Jha

Stories by Aneesh Phadnis And Somesh Jha

Why govt's employment data is not reliable

Why govt's employment data is not reliable

Rediff.com   30 Oct 2018

Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.

What went wrong with Lion Air flight that killed India's Bhavye Suneja

What went wrong with Lion Air flight that killed India's Bhavye Suneja

Rediff.com   30 Oct 2018

Indonesia-based Lion Air Flight JT610, a three-month old 737 MAX 8, took off from capital Jakarta at 6.20 am local time on Monday and lost contact 13 minutes later when it was at an altitude of about 3,000 feet.

Govt says RBI did not consult it over important decisions

Govt says RBI did not consult it over important decisions

Rediff.com   30 Oct 2018

'The PCA framework was revised and tightened in April 2017, but there was no discussion in any board meeting. The government does not know the rationale behind revising the framework and how the RBI arrived at it. Similarly, there was no discussion in the board meeting on the revised NPA framework,' said an official.

Will Tatas buy majority stake in Jet Air?

Will Tatas buy majority stake in Jet Air?

Rediff.com   29 Oct 2018

However, any progress on the deal depends upon Goyal giving up control of the company.

Jet Air's wings get clipped further

Jet Air's wings get clipped further

Rediff.com   26 Oct 2018

Three senior executives - Pradeep Kumar (senior vice- president, cargo), Shrimanikandan Ananthvaidyanathan (chief information officer) and Praveen Iyer (vice-president, revenue management), have quit amid worsening financial situation

Vistara gets Rs 2,000 crore as it plans to spread its wings

Vistara gets Rs 2,000 crore as it plans to spread its wings

Rediff.com   24 Oct 2018

This is the largest single dose of equity infusion into the joint venture since its launch in January 2015.

Jet trims flights to stay airborne

Jet trims flights to stay airborne

Rediff.com   24 Oct 2018

At least 20 to 30 departures are being cancelled daily from metros and key airports including Ahmedabad, Bengaluru and Hyderabad.

How PSBs plan to groom their leaders

How PSBs plan to groom their leaders

Rediff.com   17 Oct 2018

The training programme will contain thought leadership courses, group exercises, simulations, including role plays and situation analysis and personal explorations workshops

How Jet plans to save cash

How Jet plans to save cash

Rediff.com   16 Oct 2018

The airline has informed its flight attendants that they would be eligible for leave without pay between November 1 and December 20

Is Jet serious about finding a way out of the crisis?

Is Jet serious about finding a way out of the crisis?

Rediff.com   15 Oct 2018

The airline has failed to address fliers' fears and has been opaque about the allegations of tax and financial fraud, giving rise to apprehension that Jet Airways may be headed the Kingfisher way.

Why aviation ministry rejected UAE's demand for more flights

Why aviation ministry rejected UAE's demand for more flights

Rediff.com   11 Oct 2018

In 2017, 60 million passengers flew between India and the UAE, the largest overseas air travel market from India.

India's unions are upset with the Modi Sarkar

India's unions are upset with the Modi Sarkar

Rediff.com   9 Oct 2018

The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.

All you want to know about Atal Bimit Vyakti Kalyan Yojana

All you want to know about Atal Bimit Vyakti Kalyan Yojana

Rediff.com   28 Sep 2018

The Ministry of Labour and Employment on Wednesday announced a scheme to financially support those who lost their jobs and were covered under the Employees' State Insurance Act, 1948. Somesh Jha explains the key features.

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Linking Aadhaar to PF account must for those earning below Rs 15,000/month

Rediff.com   28 Sep 2018

Employees joining companies after August and availing of the government benefits under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) will also have to link their PF accounts with Aadhaar numbers.

Jet Airways incident: Fliers stare at poor payout

Jet Airways incident: Fliers stare at poor payout

Rediff.com   22 Sep 2018

'Passengers of the Jet Airways flight will be entitled for compensation for discomfort and trauma, but it may not be Rs 2 million in this incident.'

Truth behind EPFO's payroll data

Truth behind EPFO's payroll data

Rediff.com   21 Sep 2018

Concerned by the continuous downward revision in the monthly net enrolment numbers, the EPFO has begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll. According to experts these people cannot be counted as those who got a new job.

Govt to inject Rs 2350 crore into Central Bank of India

Govt to inject Rs 2350 crore into Central Bank of India

Rediff.com   20 Sep 2018

Capital infusion seen necessary for banks to maintain regulatory norms at the time of paying interest towards AT-1 bonds

All Jet Air passengers won't get free meals on domestic flights

All Jet Air passengers won't get free meals on domestic flights

Rediff.com   20 Sep 2018

Under the fare policy announced, domestic passengers opting for lowest fares will not be served complimentary meals

Planning to go to Goa for Diwali? Airfares up 30%

Planning to go to Goa for Diwali? Airfares up 30%

Rediff.com   18 Sep 2018

Analysts expect holiday fares to inch up further closer to the travel dates, but airlines may still not be able to fully recover higher costs as fuel costs remain elevated

328 fixed-dose combination drugs banned on safety grounds

328 fixed-dose combination drugs banned on safety grounds

Rediff.com   14 Sep 2018

The original list had named 349 drugs, but 15 drugs, approved prior to 1988, have been kept outside the purview of the ban