Somesh Jha And Arindam Majumder

Stories by Somesh Jha And Arindam Majumder

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."

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

Has Tony Fernandes got AirAsia stuck in turbulence?

Has Tony Fernandes got AirAsia stuck in turbulence?

Rediff.com   9 Jun 2018

One thing is certain: The part-Goan, part-Malayali group CEO of Air Asia is not your usual boardroom CEO, and he cultivates the maverick businessman image, buying race car teams and football clubs and taking off-beat bets with his mentor and now buddy Richard Branson of Virgin.

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

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

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.

Wow! Now pay only Rs 27,000 for return flight to New York

Wow! Now pay only Rs 27,000 for return flight to New York

Rediff.com   16 May 2018

The low fares will come with a discernible sea-change in service quality and minus the luxury which comes as an essential part of any long-haul travel

Be sensitive while dealing with unruly flyers, IndiGo tells crew

Be sensitive while dealing with unruly flyers, IndiGo tells crew

Rediff.com   15 May 2018

IndiGo and other airlines have said they are improving their staff training, looking at better ways of communication and customer awareness on operational matters.

From Chennai to Guwahati, 8 major airports likely to be privatised

From Chennai to Guwahati, 8 major airports likely to be privatised

Rediff.com   14 May 2018

It is likely the airports - Chennai, Kolkata, Kochi, Pune, Ahmedabad, Jaipur, Lucknow and Guwahati - will be bid out for 30 years and the tariffs will be fixed upfront.

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

E-bidding: Govt to explore English auction system for divestment

E-bidding: Govt to explore English auction system for divestment

Rediff.com   7 May 2018

The IPL uses this system for players' auction.

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.

The nefarious world of C Sivasankaran

The nefarious world of C Sivasankaran

Rediff.com   30 Apr 2018

Corporate ministry documents show that the Siva's firm kept taking loans from public sector banks like State Bank of India, Punjab National Bank which gradually turned to bad loans.

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.

Why IndiGo will always miss 'Captain Ghosh'

Why IndiGo will always miss 'Captain Ghosh'

Rediff.com   28 Apr 2018

Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.

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