Somesh Jha &Amp; Samreen Ahmad

Stories by Somesh Jha &Amp; Samreen Ahmad

If govt has its way your take-home pay may decline

If govt has its way your take-home pay may decline

Rediff.com   21 Jun 2018

While some trade union leaders have welcomed the move, industry has opposed it, fearing an increase in its wage bill

If EPFO has its way, you will be allowed to withdraw only 60% of PF

If EPFO has its way, you will be allowed to withdraw only 60% of PF

Rediff.com   19 Jun 2018

The objective behind the move is to "retain the membership of PF subscribers and to address the social security needs at the time of unemployment."

If Amul's for butter, will Licious be for meat?

If Amul's for butter, will Licious be for meat?

Rediff.com   16 Jun 2018

With India already having a huge population of meat eaters and about 70 per cent of the people being non-vegetarian, Indian entrepreneurs are hotting up the online meat market.

Goyal to meet heads of 6 govt banks on Tuesday

Goyal to meet heads of 6 govt banks on Tuesday

Rediff.com   16 Jun 2018

The meeting is expected to chart a road map for cleaning up their balance sheets and boost credit flows, reports Somesh Jha.

PNB eyes Rs 5,500 crore net profit in Q2

PNB eyes Rs 5,500 crore net profit in Q2

Rediff.com   11 Jun 2018

However, the road to profitability has already hit some hurdles for the Delhi-based bank as the Union government has rejected its demand for an additional capital infusion of around Rs 8,000 crore in 2018-19

Retrospective benefits on gratuity not on the cards

Retrospective benefits on gratuity not on the cards

Rediff.com   7 Jun 2018

The law was amended to bring parity between public and private sector employees (including PSUs) after the gratuity limit was raised for central government on similar lines

Britannia turns to new-age tech to beef up rural reach

Britannia turns to new-age tech to beef up rural reach

Rediff.com   6 Jun 2018

Market experts say that of the total 600,000 villages in India, under two per cent or around 10,000 villages contribute to about half of the rural consumption in the country. Targeting these villages and ensuring that penetration is strong is key for most consumer goods companies.

2-day bank strike from Wednesday

2-day bank strike from Wednesday

Rediff.com   29 May 2018

About 1 million bank officers are expected to participate in the strike on May 30 and May 31

The search for authentic Indian cuisines ends here

The search for authentic Indian cuisines ends here

Rediff.com   23 May 2018

This start-up connects diners with regional cuisines that restaurants do not serve.

PhonePe plans to ride on Walmart to become India's e-payments king

PhonePe plans to ride on Walmart to become India's e-payments king

Rediff.com   18 May 2018

PhonePe wants to dethrone its Alibaba and SoftBank-backed rival, Paytm, claiming that additional capital that Walmart will bring to the table will help it grow much faster

Why some CEOs may be asked to paint walls or clean public spaces

Why some CEOs may be asked to paint walls or clean public spaces

Rediff.com   16 May 2018

Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.

How Tata Cha plans to brew a storm in a teacup

How Tata Cha plans to brew a storm in a teacup

Rediff.com   15 May 2018

Tata Cha has chosen Bengaluru for its first four pilots which include large format stores of 1,200 sq feet and kiosks which will be in shopping malls, IT parks and at prominent street corners.

Lok Ranjan, govt's nominee on ICICI board, transferred

Lok Ranjan, govt's nominee on ICICI board, transferred

Rediff.com   11 May 2018

Ranjan was nominated to the board of ICICI Bank on April 7

Tax notice on free banking services may be withdrawn

Tax notice on free banking services may be withdrawn

Rediff.com   10 May 2018

Every bank offers a different slab of minimum balance to customers, based on which 'free services' are provided

Are wages growing at faster rate than job creation?

Are wages growing at faster rate than job creation?

Rediff.com   4 May 2018

T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.

EPFO dumps CSC Aadhaar services after data theft

EPFO dumps CSC Aadhaar services after data theft

Rediff.com   3 May 2018

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it.

From Rs 15 lakh to Rs 1K crore: The meteoric rise of Prataap Snacks

From Rs 15 lakh to Rs 1K crore: The meteoric rise of Prataap Snacks

Rediff.com   30 Apr 2018

Among the top 10 fastest growing consumer brands in the country, Yellow Diamond leverages the growing preference for local flavours in the snacks market, says Samreen Ahmad.

Govt planning monthly payroll data in place of quarterly job surveys

Govt planning monthly payroll data in place of quarterly job surveys

Rediff.com   29 Apr 2018

The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.

6.22 million additional jobs were created in 2017-18

6.22 million additional jobs were created in 2017-18

Rediff.com   26 Apr 2018

The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.

90,000 ATMs across India will soon dispense Rs 200 notes

90,000 ATMs across India will soon dispense Rs 200 notes

Rediff.com   24 Apr 2018

About 200,000 ATMs can dispense the new series of Rs 500 notes