Somesh Jha &Amp;Amp; Mayank Jain

Stories by Somesh Jha &Amp;Amp; Mayank Jain

PNB fraud raises stink over banks' risk management ability

PNB fraud raises stink over banks' risk management ability

Rediff.com   16 Feb 2018

The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved

No representations from investors against LTCG tax: Sebi chief

No representations from investors against LTCG tax: Sebi chief

Rediff.com   12 Feb 2018

After holding discussions with the FM, the Sebi chief said the government thought it was an opportune time to levy the LTCG tax as the "markets are booming."

Govt drops move to make hire and fire easier

Govt drops move to make hire and fire easier

Rediff.com   10 Feb 2018

The decision to drop the proposal was taken last month during a meeting that Finance Minister Arun Jaitley held with labour ministry officials.

Why RSS' labour wing will boycott PM's speech

Why RSS' labour wing will boycott PM's speech

Rediff.com   10 Feb 2018

Calling the Budget 2018 'anti-labour', the Bharatiya Mazdoor Sangh will observe February 20 as a 'black day'.

Budget 2018: Jaitley may have some bad news for the labour ministry

Budget 2018: Jaitley may have some bad news for the labour ministry

Rediff.com   31 Jan 2018

It had earlier proposed cutting it down to Rs 250 crore due to slow progress in enrollment of new employees.

Invested in Bitcoin etc? Get ready for the taxman

Invested in Bitcoin etc? Get ready for the taxman

Rediff.com   20 Jan 2018

Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.

Govt mulls 100% foreign investment in private banks

Govt mulls 100% foreign investment in private banks

Rediff.com   18 Jan 2018

It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent

8% savings bonds scheme not closed, but interest rate lowered

8% savings bonds scheme not closed, but interest rate lowered

Rediff.com   3 Jan 2018

The bond, which the Reserve Bank of India started issuing on behalf of the Union government in 2003, was considered one of the safest savings instruments for retail investors.

Proposal to bring back fixed-term employment on anvil

Proposal to bring back fixed-term employment on anvil

Rediff.com   27 Dec 2017

Under fixed-term employment, workers are entitled to all statutory benefits available to a permanent worker in the same factory. However, employers may not give notice to a fixed-term worker on non-renewal or expiry of his or her contract.

'DB Realty will be back with a big bang'

'DB Realty will be back with a big bang'

Rediff.com   22 Dec 2017

Soon after a special CBI court acquitted all those accused the 2G spectrum allocation case, Somesh Jha spoke to DB Realty Managing Director Vinod Goenka at the crowded Patiala House premises.

Irony at CBI court: Only 2G network available during verdict!

Irony at CBI court: Only 2G network available during verdict!

Rediff.com   22 Dec 2017

Somesh Jha describes the mood at Patiala House courtroom and outside on Thursday during the 2G spectrum case verdict.

'Government doesn't care for workers'

'Government doesn't care for workers'

Rediff.com   19 Dec 2017

'On December 5, the government called unions for pre-Budget consultations.' '12 trade unions were called and the time allotted was one hour which means 5 minutes for each union.' 'We were asked to present our views in about four minutes.' 'That itself is a reflection of how serious the government is about workers' demands.'

Labour reforms take a hit; no change in hire-and-fire norms

Labour reforms take a hit; no change in hire-and-fire norms

Rediff.com   8 Dec 2017

Protests by central labour unions and widespread criticism from Opposition parties because of job losses on account of demonetisation and the GST have put the contentious labour reform proposals in the slow lane.

AAI, states to develop 4 airports in partnership

AAI, states to develop 4 airports in partnership

Rediff.com   24 Nov 2015

The state-owned airport authority is conducting a techno-feasibility study.

DGCA audit raises concern over Air India's ageing fleet

DGCA audit raises concern over Air India's ageing fleet

Rediff.com   26 Oct 2015

The DGCA probe detected serious issues related to safety oversight.

No records of PM's meeting on aviation policy, says government

No records of PM's meeting on aviation policy, says government

Rediff.com   24 Oct 2015

There is no clarity on the stand taken by the PM on many issues plaguing the aviation sector

New jobs: IT sector shines, manufacturing lags

New jobs: IT sector shines, manufacturing lags

Rediff.com   20 Oct 2015

From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.

'It's just a matter of time before Vistara gathers momentum'

'It's just a matter of time before Vistara gathers momentum'

Rediff.com   7 Oct 2015

The full-service airline has faced multiple challenges in its run.

Railway unions defer Nov 23 stir

Railway unions defer Nov 23 stir

Rediff.com   6 Oct 2015

The strike was supposed to affect about 23 million passengers.

Govt tightens trade union norms

Govt tightens trade union norms

Rediff.com   4 Oct 2015

There have been several occasions when workers have raised an industrial dispute with employers demanding compensation for being retrenched due to continued illness