If an employee bond is used to ensure that the employee never leaves, then it is illegal.
With 40 per cent of defence procurement still coming from abroad, the government on Friday said it is working to boost indigenous manufacturing capacity to reduce dependence on foreign supplies.
Eighty-six deaths were reported in mainland China with 3,399 fresh cases from 31 provincial-level regions, the country's National Health Commission said on Saturday.
Under Neemuchwala's digital-first vision, Wipro has accelerated investments in automation, analytics, cloud and cognitive technologies over the past three years, says Ayan Pramanik.
Daily wagers are running out of resources, including ration and cash, and the state governments might not be able to sustain their needs for a longer period of time, given the lockdown has already been extended until May 3.
The warship is equipped with surface-to-surface missiles, surface-to-air missiles and anti-submarine rocket launchers. It is also capable of carrying two anti-submarine warfare helicopters.
Tirole's insights show how real-world incentives are complicated, and contracts can be difficult to write and enforce.
Stating that an economic recession gripped global economy following the lockdowns due to COVID-19 pandemic, Fitch Ratings on Friday said the initial disruptions to regional manufacturing supply chains in China have now broadened to include local discretionary spending and exports.
The water quality at the Olympic sailing venue in Rio de Janeiro is a serious issue but will be resolved by the time the Games begin next year, Rio Organising Committee president Carlos Nuzman said on Tuesday.
India Inc is automating and squeezing more output from its workers and so needs fewer of them, finds out IndiaSpend Team.
After a wait of 10 years, the Indian army will finally get 50,000 new bullet-proof vests after
Continued instability in Pakistan could impact safety of its nuclear weapons and materials, a latest US Congressional report has said as it described the sale of two nuclear reactors by China to Pakistan a violation of the NSG guidelines.
The defence minister has 20 months to learn the military's ethos, culture and to publicly bat for an organisation that feels increasingly marginalised and underappreciated.
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
The death toll rose to 5,394 after a record single-day spike of 230 fatalities in the 24 hours since Sunday 8 am, the Union Health Ministry said in its morning update. It showed the number of confirmed cases rising by 8,392 to 1,90,535. However, a PTI tally of figures announced by states and union territories, as of 9.35 pm, showed a higher death toll of 5,501.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
An industrial house bred in old-school manufacturing values, Godrej & Boyce has displayed unusual agility to become a trusted builder of advanced weaponry, discovers Ajai Shukla.
Temporary workers not only lack job security, they get less pay and an inferior overall package.
The 39-year-old appeared at Italy's Sanremo festival in March, where he sang a duet with Bologna coach Sinisa Mihajlovic and said he would like to try acting.
Nearly 490 million people of working age are outside the bounds of India's unemployment assessments. A decrease in the unemployment rate could signal economic growth, but could just as well mean that people have given up looking for work. A revealing excerpt from Tata Sons Chairman N Chandrasekaran and Tata Chief Economist Roopa Purushothaman's Bridgital Nation: Solving Technology's People Problem.
'I will say all this happened because of ignorance coupled with arrogance,' says G Madhavan Nair.
'Scientists around the world are focused on very quickly doing work to help us better understand what we are facing.' 'I am inspired by what scientists have found in such a short amount of time since the virus emerged.'
Every psychiatrist and psychologist Rediff.com spoke to said one thing: Avoid news channels and social media.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd).
Clearly,Trump will have a serious problem if it transpires that COVID-19's grandma, grandpa and great grandpa are actually domiciled in the US, notes Ambassador M K Bhadrakumar.
'The Olympics postponement may not be a political body blow to Abe Shinzo, but it is no denying that the economic cost of the postponement of the Games will be heavy for Japan,' observes Dr Rajaram Panda.
'But India, increasingly, is not that far behind, which is a story I never expected to tell.'
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
In 2014, the prime minister criticised the communication gap between DRDO scientists, who remained ensconced in their laboratories, and the soldiers on the borders, says Ajai Shukla.
Just like China wants Trump to lose the US presidential poll, it may want Modi to lose the Lok Sabha polls. So months before the 2024 elections, China may take possession of an important area, say one of the Char Dhams, warns Sanjeev Nayyar.
The IAF faces a 'fighter gap' of 13 squadrons. The IAF would be caught seriously short in a two-front war -- the worst-case planning contingency in which China and Pakistan attack India simultaneously, points out Ajai Shukla.
Authorities also said the recovery rate of COVID-19 patients was improving consistently in India and it was in a much better position in handling the pandemic, which has seen more than 63 lakh people testing positive for this virus since its emergence in China last December and over 3.7 lakh having lost their lives.
Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.
The ministry of defence has bought two regiments of the indigenous Pinaka multi-barrelled rocket launcher for Rs 3,230 crore.
Of all the pulses, tur appears to be the most desired.
'Biometric Aadhaar-based surveillance is not only about violation of privacy, but also about the treasure hunt for unprecedented financial surveillance and economic intelligence in the economic history of mankind,' asks Gopal Krishna.
'The procurement cycle still consumes too much time; little has changed.'
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
In a major milestone, India successfully tests new advanced towed artillery gun system.
