Search results for 'employees'

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

HCLTech CEO C Vijayakumar's Salary Jumps 67% to $18.13 Million in FY26

Rediff.com21 Jul 2026

HCLTech CEO C Vijayakumar's total salary for the financial year 2025-26 surged by nearly 66.9 per cent to $18.13 million, primarily driven by long-term incentives and stock options, placing him at the top among his Indian IT sector peers.

Nashik Court Remands TCS Employee In Harassment Case

Nashik Court Remands TCS Employee In Harassment Case

Rediff.com8 May 2026

A Nashik court has remanded Nida Khan, an employee of Tata Consultancy Services (TCS), in police custody until May 11 in connection with a sexual harassment and religious coercion case. The police are investigating allegations of forced religious conversion and potential links to other conversion rackets.

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Bank Of Baroda Employee Arrested For Stealing From RBI Currency Chest

Rediff.com24 May 2026

A Bank of Baroda employee in Ahmedabad has been arrested for allegedly stealing Rs 8.7 crore from an RBI currency chest and laundering the money into properties and cryptocurrency.

Why EPFO Mandated 25% PF Balance

Why EPFO Mandated 25% PF Balance

Rediff.com17 Jul 2026

EPFO said the measure could substantially improve retirement outcomes with nearly half its members expected to see an increase of up to 35 times in their old-age savings.

RBI extends loan recovery norms implementation to 2027, eases some rules

RBI extends loan recovery norms implementation to 2027, eases some rules

Rediff.com11 hours ago

The Reserve Bank of India (RBI) has extended the implementation date for its revised loan recovery and agent engagement directions to January 1, 2027, from the previously proposed October 1, 2026, following stakeholder feedback.

DDCA Employees Face Questioning In IPL Ticket Black-Marketing Probe

DDCA Employees Face Questioning In IPL Ticket Black-Marketing Probe

Rediff.com13 May 2026

Delhi Police have issued notices to two employees of the Delhi and District Cricket Association as part of an ongoing investigation into an IPL ticket black-marketing racket.

Churning reels not enough, youth need jobs: Congress slams Modi

Churning reels not enough, youth need jobs: Congress slams Modi

Rediff.com3 days ago

The Congress party has accused the Modi government of creating a "deep crisis" in India's job market due to its "flawed" economic and employment policies. Citing a media report on a 27% decline in new jobs at major companies, the opposition party stated that the government is engaged in "headline management" and "politics of distraction" instead of addressing the youth employment crisis.

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Bira 91 Founder Ankur Jain Exits Board, Executive Roles Following Settlement

Rediff.com22 Jul 2026

Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

N R Narayana Murthy: 'There Is Lot Of Confusion About AI'

Rediff.com4 days ago

'At the end of the day, it is just another technology produced by the human mind.'

My US studies funded by...: Abhijeet Dipke on funding row

My US studies funded by...: Abhijeet Dipke on funding row

Rediff.com4 days ago

Dipke has clarified the funding of his US education, stating it was supported by a scholarship and an education loan, amidst growing scrutiny and calls for a probe into his finances.

Trump signs new executive orders on birthright citizenship despite SC setback

Trump signs new executive orders on birthright citizenship despite SC setback

Rediff.com16 hours ago

US President Donald Trump has signed two executive orders aimed at cracking down on 'birth tourism' and limiting eligibility for birthright citizenship, weeks after the Supreme Court rejected a similar directive.

Himachal Bank Boosts Digital Services With New Platform

Himachal Bank Boosts Digital Services With New Platform

Rediff.com22 Jul 2026

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu congratulated the State Cooperative Bank on successfully migrating its core banking system to the 'Finacle 10.2.25' platform. This upgrade aims to provide faster, more transparent, and secure financial services, enhancing customer experience and operational efficiency across its 262 branches.

Kotak Kanya Scholarship 2026: Girls Can Get Up to Rs 1.5 Lakh

Kotak Kanya Scholarship 2026: Girls Can Get Up to Rs 1.5 Lakh

Rediff.com29 Jul 2026

Selected students will receive Rs 1.5 lakh per year to cover academic expenses such as tuition fees, hostel charges, books, stationery, laptops, internet and transportation.

576 Indians Report Rs 100 Crore Income

576 Indians Report Rs 100 Crore Income

Rediff.com28 Jul 2026

The number of individuals who declared a gross income of Rs 100 crore or more in their income-tax returns had risen to 301 in 2022-23, moderated slightly to 284 in 2023-24, then climbed to 415 in 2024-25.

Doctor, Home Guards, Lawyer Among 19 Arrested in Bilaspur Snakebite Compensation Scam

Doctor, Home Guards, Lawyer Among 19 Arrested in Bilaspur Snakebite Compensation Scam

Rediff.com21 Jul 2026

Nineteen individuals, including a doctor, two home guards, and a lawyer, have been arrested in Chhattisgarh's Bilaspur district for allegedly orchestrating a scam that involved forging post-mortem reports to fraudulently claim Rs 64 lakh in snakebite compensation.

Will show my scholarship letter if PM shows his degree: Dipke

Will show my scholarship letter if PM shows his degree: Dipke

Rediff.com4 days ago

Cockroach Janta Party founder Abhijeet Dipke has publicly challenged Prime Minister Narendra Modi to disclose his educational degree. Dipke stated he is ready to make his US scholarship and loan documents public if PM Modi reveals his degree, amidst ongoing demands for verification of the Prime Minister's academic qualifications. Dipke also criticised the current political climate, citing concerns about party defections and the use of central agencies.

No VIP treatment to anyone, says Tukharam Mundhe on cleaning up Mumbai's eateries

No VIP treatment to anyone, says Tukharam Mundhe on cleaning up Mumbai's eateries

Rediff.com1 days ago

Meet the man who is on mission mode to enforce hygiene standards in eateries and restaurants.

Madhya Pradesh Civic Employees Arrested In Bribery Case

Madhya Pradesh Civic Employees Arrested In Bribery Case

Rediff.com29 Apr 2026

Lokayukta police arrested two employees of the Udaipura Municipal Council in Madhya Pradesh for allegedly accepting a bribe of Rs 2 lakh from a private company in exchange for releasing a security deposit and issuing a work-experience certificate.

Maharashtra TET paper leak 'mastermind' arrested from Bihar

Maharashtra TET paper leak 'mastermind' arrested from Bihar

Rediff.com26 Jul 2026

Police have arrested the alleged mastermind, Vijayendrakumar alias Bijendra Kumar Gupta, and an associate in the Maharashtra Teacher Eligibility Test (TET) 2026 paper leak case, bringing the total number of arrests to 14. The Special Investigation Team (SIT) tracked Gupta, identified as the chief coordinator of an inter-state network, to Samastipur, Bihar. The arrests are expected to help uncover the financial aspects of the racket, which involved an organised criminal syndicate within a printing press.

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

Rediff.com14 Jul 2026

HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Sridhar Vembu On Why AI Is Not Creating New IT Jobs

Rediff.com5 days ago

Sridhar Vembu, Zoho Corporation Founder, states that the IT industry is not generating new jobs due to funds being redirected towards the escalating costs of AI and data centre infrastructure. He highlights a structural economic challenge where advanced technology, while making goods affordable, creates income distribution issues and suggests that solutions like Universal Basic Income might gain traction, especially in countries like India.

Why Bank Frauds Keep Rising

Why Bank Frauds Keep Rising

Rediff.com17 hours ago

'It's not about individuals operating the mule accounts being more or less skilled. Instead, 'lower-level' refers to the role the individual account plays in the broader mule network.'

'Hockey jersey colour change not merely sports-related choice'

'Hockey jersey colour change not merely sports-related choice'

Rediff.com6 days ago

The Congress party has criticised the decision to change the Indian hockey team's jersey colour to saffron, calling it a 'narrow-minded political experiment' and demanding the government reconsider the move.

How AIMIM Corporator Sheltered TCS Employee Accused Of Conversion

How AIMIM Corporator Sheltered TCS Employee Accused Of Conversion

Rediff.com8 May 2026

Nida Khan, a TCS employee accused of religious conversion and sexual harassment, has been arrested in Chhatrapati Sambhajinagar. Police allege an AIMIM corporator provided her shelter. The arrest has sparked political reactions and renewed focus on workplace harassment prevention.

Fear grips Ram Temple donation counting staffers as 50% quit amid probe

Fear grips Ram Temple donation counting staffers as 50% quit amid probe

Rediff.com10 Jul 2026

Over half of the employees engaged in counting donations at the Ram temple have resigned amid the ongoing investigation into the alleged embezzlement of offerings, reducing the strength of counting personnel to just around a dozen, sources said on Friday.

81 lakh women removed from Maharashtra's Ladki Bahin scheme

81 lakh women removed from Maharashtra's Ladki Bahin scheme

Rediff.com13 Jul 2026

Maharashtra's Ladki Bahin Yojana has seen 81 lakh registered beneficiaries removed following a multi-month e-KYC verification drive, with the state's Women and Child Development Minister Aditi Tatkare clarifying the process was mandatory to filter out ineligible individuals, income-tax payers, and government employee families.

Electrifying! Olectra first co to deploy 4,000 e-buses in India

Electrifying! Olectra first co to deploy 4,000 e-buses in India

Rediff.com6 days ago

Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Bandhan Bank Introduces Digital PF Payment Service For Businesses

Rediff.com16 Jul 2026

Bandhan Bank has launched a new digital Provident Fund (PF) payment service, integrated with EPFO, allowing business customers to make statutory PF payments via the bank's internet banking platform. This service aims to streamline payments, optimise cash flows, and ensure timely compliance for businesses.

Court Denies Bail To TCS Employee In Conversion Case

Court Denies Bail To TCS Employee In Conversion Case

Rediff.com4 May 2026

A Nashik court denied pre-arrest bail to a TCS employee accused of sexual harassment and forcible conversion, citing a 'systematic plan' to brainwash the victim and send her to Malaysia. The court emphasised the need for custodial interrogation to uncover the root of the case, highlighting the multi-dimensional nature of the alleged offence.

Guess How Much DIIs Invested In Indian Equities?

Guess How Much DIIs Invested In Indian Equities?

Rediff.com6 days ago

DIIs invested $22.8 billion in Indian equities in Q2CY26.

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

'Young People Feel Uncertainty Because Of The Huge Disruption In The Job Market'

Rediff.com1 days ago

'It could be in IT, it could be in administration, it could be in legal, it could be in technical services, but entry level jobs are rapidly disappearing because AI is taking them over.' 'So, the big question what would happen if the bottom rung of the ladder is removed?'

8 Countries With The Most Public Holidays

8 Countries With The Most Public Holidays

Rediff.com27 Jul 2026

These nations officially top the list when it comes to maximum number of official days off.

Retired Employee Found Murdered In Hathras Home

Retired Employee Found Murdered In Hathras Home

Rediff.com28 Apr 2026

The blood-soaked body of a 75-year-old man was discovered in his home in Paharpur village, Hathras. Police suspect murder and are investigating the circumstances surrounding his death.

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

'All donation thieves in BJP': Cong escalates attack over Ram Temple theft

Rediff.com5 days ago

The Congress on Sunday launched a scathing attack on the Bharatiya Janata Party over the alleged theft of donations at the Ram temple in Ayodhya, saying not everyone in the BJP is a "chhanda chor" but all the "chhanda chors" are in the ruling party.

How Prashant Kishor Shattered BJP Fortress In Bankipur

How Prashant Kishor Shattered BJP Fortress In Bankipur

Rediff.com4 days ago

Prashant Kishor's stunning Bankipur victory has broken the BJP's three-decade dominance in one of its safest urban strongholds, signalling a major political shift in Bihar.

Badrinath donation row: BKTC staffer suspended; U'khand sets up probe panel

Badrinath donation row: BKTC staffer suspended; U'khand sets up probe panel

Rediff.com7 Jul 2026

An employee of the Shri Badrinath-Kedarnath Temple Committee (BKTC) has been suspended following a preliminary inquiry into alleged irregularities in the management of donations at Badrinath Dham. Both the BKTC and the Uttarakhand government have launched separate investigations into the matter, which gained attention after social media allegations and a formal complaint. The government committee is expected to submit its report within 15 days.

Nashik Court Extends Custody Of TCS Employees In Conversion Case

Nashik Court Extends Custody Of TCS Employees In Conversion Case

Rediff.com29 Apr 2026

A court in Nashik has extended the police custody of four TCS employees until May 2 in connection with the alleged religious conversion of a male colleague. The accused are also facing accusations of sexual harassment from female colleagues.

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Infosys trims FY27 revenue guidance, citing 'uncertain macros'

Rediff.com24 Jul 2026

Infosys has revised down the upper end of its revenue growth target for financial year 2027 (FY27) to 1.5-3 per cent, from the earlier 1.5-3.5 per cent, attributing the change to persistent macroeconomic uncertainty and a one-time client impact.

Powerloom Unit Employee Accused Of Stealing Raw Materials

Powerloom Unit Employee Accused Of Stealing Raw Materials

Rediff.com20 Apr 2026

An employee of a powerloom unit in Thane district, Maharashtra, is accused of stealing raw materials worth Rs 21.89 lakh from the factory. Police have registered a case and launched a search for the accused supervisor, Ashish Singh.

Cheaper Chinese AI Models Could Trigger 'Massive Capital Destruction' in US Markets: Jefferies

Cheaper Chinese AI Models Could Trigger 'Massive Capital Destruction' in US Markets: Jefferies

Rediff.com29 Jul 2026

Christopher Wood, global head of equity strategy at Jefferies, warns that cheaper Chinese artificial intelligence (AI) models could lead to 'massive capital destruction' in US markets, highlighting the rapid growth of Chinese LLMs and the increasing debt funding for AI capex in the US.