Somesh Jha &Amp; Samreen Ahmad

Stories by Somesh Jha &Amp; Samreen Ahmad

Now job opportunities abroad under govt initiative

Now job opportunities abroad under govt initiative

Rediff.com   29 Jan 2019

A fresh global skill gap study shows how India can tap opportunities in Germany, New Zealand, Qatar, Malaysia, The Netherlands, Saudi Arabia, Singapore, Sweden, Switzerland, UAE and the UK.

New 'secrets' emerge in PNB scam

New 'secrets' emerge in PNB scam

Rediff.com   28 Jan 2019

FinMin finally sacked executive directors K V Brahmaji Rao and Sanjiv Sharan on January 18. The bank's board, however, had felt they had no criminal intent and it was a case of 'casual oversight'

Should we scrap quarterly job surveys?

Should we scrap quarterly job surveys?

Rediff.com   16 Jan 2019

A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.

These two ministries are clashing over paid maternity leave

These two ministries are clashing over paid maternity leave

Rediff.com   31 Dec 2018

After complaints that the new law may impact employment of women, the government has framed a scheme to provide monetary incentive to companies, reports Somesh Jha.

BoB-Dena-Vijaya Bank merger: What it means for their customers

BoB-Dena-Vijaya Bank merger: What it means for their customers

Rediff.com   24 Dec 2018

The combined entity is set to be the third largest bank in India, behind State Bank of India and ICICI Bank.

Is RSS union trying to split India's trade unions?

Is RSS union trying to split India's trade unions?

Rediff.com   21 Dec 2018

BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement

Shaktikanta Das impresses first RBI board meeting

Shaktikanta Das impresses first RBI board meeting

Rediff.com   15 Dec 2018

'His (Das) approach to work seems that of working as a team with ease in communication.'

What will the new RBI guv focus on Dec 14 meet?

What will the new RBI guv focus on Dec 14 meet?

Rediff.com   13 Dec 2018

The Centre's proposal to call for governance reform in the RBI could, however, take a back seat, a source privy to the development said.

Why Google chose this firm for its first Indian start-up investment

Why Google chose this firm for its first Indian start-up investment

Rediff.com   13 Dec 2018

After the Google investment, the company's monthly transactions have spiralled up from 65,000 to nearly one million in just a year. According to reports, the start-up is in fresh talks to raise about $6 million from investors, including Google, says Samreen Ahmad.

Tiger Global back on the prowl in Indian start-up arena

Tiger Global back on the prowl in Indian start-up arena

Rediff.com   6 Dec 2018

The investor has now put together a fund of $3.75 billion to back private companies.

Yulu bikes: Pedal your way to beat the traffic

Yulu bikes: Pedal your way to beat the traffic

Rediff.com   5 Dec 2018

Yulu founder Amit Gupta believes bicycle sharing is the next big thing.

RBI may have to restructure its key committees

RBI may have to restructure its key committees

Rediff.com   30 Nov 2018

The government has proposed "drastic changes" in the rules framed to retune the composition of three committees of the RBI: Board for Financial Supervision, the Board for Payment and Settlement Systems and the Committee of the Central Board.

PSBs get more teeth to checkmate defaulters

PSBs get more teeth to checkmate defaulters

Rediff.com   23 Nov 2018

The Ministry of Home Affairs amended its guidelines on October 12 to include the chairman, managing director or chief executive officer of each public sector bank on the list of authorities who can issue requests for opening look-out circulars against whom an FIR is yet to be filed.

The Complete Man shuns online, sticks to physical stores

The Complete Man shuns online, sticks to physical stores

Rediff.com   17 Nov 2018

In this era of online commerce and virtual shopping, Raymond Ltd, one of India's oldest textile manufacturers and retailers, has tailor-made an offline strategy to maintain a strong foothold in the tier III and IV towns. Samreen Ahmad reports.

FinMin-RBI differences come to the fore again

FinMin-RBI differences come to the fore again

Rediff.com   31 Oct 2018

The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.

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.

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.

Swiggy's losses double, but revenue jumps 4-fold

Swiggy's losses double, but revenue jumps 4-fold

Rediff.com   29 Oct 2018

Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors

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

Akshaya Patra takes tech help to better feed 1,761,734 children a day

Akshaya Patra takes tech help to better feed 1,761,734 children a day

Rediff.com   11 Oct 2018

Its newly-built Jigani kitchen in Bengaluru is piloting the use of technologies such as data analytics, blockchain and Internet of Things to speed up the huge volume of its operations while ensuring strict quality control, reports Samreen Ahmad.