In a move towards gender inclusion, Tamil Nadu has partnered Godrej Consumer Products (GCPL) to offer a 5 per cent job reservation for LGBTQAI+ and people with disabilities at GCPL's upcoming fast-moving consumer goods manufacturing unit in Thiruporur in Chengalpattu district. According to industry experts and activists, while companies acknowledge transgender communities, this is the first time the entire spectrum of gender minorities, including lesbian, gay, bisexual, transgender, queer/questioning (one's sexual or gender identity), asexual and intersex, is receiving such a notable share of job participation in the private sector while signing memoranda of understanding with states.
In October, media reports suggested that the World's largest retailer Wal-Mart made "suspicious payments" totalling millions of dollars to local officials in India.
Mumbai Indians elevate Jayawardene, Zaheer to new central roles
To further tighten its control of practising accountants, the Centre has brought within the ambit of the Prevention of Money Laundering Act (PMLA) their "financial transactions" such as operating and managing their client firms and trusts, and buying and selling business entities. The Union finance ministry issued a gazette notification on this on Wednesday. Under the new rule, chartered accountants, company secretaries, and cost and works accountants carrying out such transactions (on behalf of their clients) will now be required to go through the Know Your Company (KYC) process before commencing work.
Several Indian traders, hawkers, as well as transport and gig workers' unions will join a global campaign by Make Amazon Pay coalition happening across close to 40 countries on Black Friday to protest alleged exploitative practices by the tech giant. Employees in the US, the UK, India, Japan, Australia, South Africa and across Europe are demanding better wages and working conditions as the cost-of-living crisis deepens, as part of the campaign. Trade unions, including Bharatiya Udyog Vyapar Mandal, Hawkers' Joint Action Committee, Gig Workers' Association, and All India People Science Network, will join the campaign.
Ravichandran Ashwin finds himself in contention for a World Cup spot despite lack of game time but it doesn't concern skipper Rohit Sharma one bit.
We have the workforce, now we need to ensure that we take full advantage of game-changing technologies and geopolitical openings, suggests Jayant Sinha, chairman, Parliament's Standing Committee on Finance.
The Communist Party of India (CPI) on Monday claimed that global software companies were being given "undue advantage" in sensitive IT projects of some key state-run bodies and the Indian Railways by designing tenders to suit them rather than their Indian counterparts.
Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. In 2022, salaries in India witnessed an actual increase of 10.6 per cent in 2022. As per Aon plc's 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates.
Sikka has influenced the company to break away from the old mould in more ways than one.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
FIFA also announced a newly structured international calendar which its president Gianni Infantino said had been endorsed by the ECA.
A step away from nuclear weapons being used in conflicts, warns Colonel Anil A Athale (retd).
Weeks after it revised the rating outlook of two companies of embattled Adani group, S&P Global Ratings on Wednesday said it is watching for additional information on the conglomerate's governance and funding for any ratings action. Investors, it said, seek clarity on the credit impact of a string of allegations against the group in a short-seller report published in late January, and on the findings of a recently launched Supreme Court investigation. S&P Global published an FAQ-style commentary titled, "Adani Group: The Known Unknowns".
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
IT major Wipro on Monday said it has been ranked as a leader in the global R&D service provider survey by Zinnov Management Consulting for the fourth successive year.
He last visited India in November 2019 and also celebrated his 71st birthday with schoolchildren in Mumbai and earlier this week he told British Indian peer Lord Karan Bilimoria at a pre-Coronation reception that he looks forward to making a State Visit to India soon.
'It is commendable that India is able to persuade all sides.' 'It shows that India counts and finally, we are reaching a position where we can find a place in the sun at the global level.'
A five-member committee, headed by IIM-Ahmedabad's Prof Ravindra H Dholakia, was set up by Civil Aviation Minister Ajit Singh after a review meeting of the ailing national carrier's functioning.
The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.
We should reassess what India's role in the world is and whether we are doing the right thing for ourselves, notes Aakar Patel.
The Directorate General of Civil Aviation (DGCA) on Monday suspended operations at Redbird Flight Training Academy, one of India's largest flight schools, across all five of its training bases in the country. This action was taken after five accidents involving the institute's planes in the past six months. The DGCA announced it would conduct an audit of the academy's maintenance practices and also proficiency checks of the institute's flight instructors before allowing it to resume operations.
Do you have yoga related questions? Ask rediffYogaGurus Namita Piparaiya, Sabrina Merchant and Roopashree Sharma.
Google, in its latest appeal to the Supreme Court, has said the Competition Commission of India (CCI) is protecting Amazon's interests after having complained that India's anti-competition body (CCI) had copied part of a European Commission ruling against it for allegedly abusing the market dominance of Android. The latest twist to the Google-CCI case comes as Google filed an appeal in the Supreme Court on June 26, against the National Company Law Appellate Tribunal's (NCLAT's) March 29 order. The tech giant's contention is that the NCLAT failed to apply the "effect analysis" part in the CCI order.
King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop's prospects in the 2024-25 season that starts in October. Addressing the association's annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest. The fear of a decline in acreage comes against the backdrop of India's cotton production probably falling to its lowest in a decade, according to estimates.
The churn in Indian labour markets will be led by technology-driven sectors like artificial intelligence and machine learning (38 per cent), followed by data analysts and scientists (33 per cent) and data entry clerks (32 per cent).
While the Indian women's football team holds the 60th position in the FIFA rankings, the men's team ranks 100.
He also said that it was wrong to suggest that India stopped foreign made vaccines like that made by Moderna and Pfizer from coming to India.
'India has the potential to do a lot more to take advantage of the time today where we stand to gain, geopolitically and in terms of market attractiveness.'
Volkswagen said that it will reposition Skoda brand in India, to align with its global practice. This means, the company wants to move Skoda brand down the pecking order; and reduce price of the cars sold under the brand name.
Shinde, participating in a discussion on the no-confidence motion in the Lok Sabha, took a jibe at the opposition coalition Indian National Develomental Inclusive Alliance (INDIA) describing it as a 'destructive alliance' and said the next elections will be fought on the issue of scams of the United Progressive Alliance and schemes of the National Democratic Alliance.
China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.
The Netherlands cricket board, in a surprise move, has posted an advertisement on social media, inviting Indian cricketers to join them as net bowlers in their preparatory camp for the World Cup.
Rulers in New Delhi and their political aides in sensitive states like Tamil Nadu have to be doubly careful not to provoke a situation whose consequences may be much more than visible now to the naked eye, notes N Sathiya Moorthy.
'I want us not to underestimate Indian voters. They can tell good work from bad.'
E-commerce giant Amazon and Infosys co-founder N R Narayana Murthy's Catamaran Ventures have "mutually decided" to not continue their joint venture (JV) beyond the end of its current term. The JV, Prione Business Services, which has been running successfully for the past seven years, was coming up for renewal on May 19, 2022. The JV enabled over 300,000 sellers and entrepreneurs to go online. It also enabled 4 million merchants with digital payment capabilities, providing these small and medium-sized businesses (SMBs) and merchants access to millions of customers across the country.
With investors asking for a change in the board structure at Byju's, the edtech giant's founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300 million into the company for more control. The company has rung up $5.8 billion from investors such as General Atlantic, Sofina, the Qatar Investment Authority, Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, and Tiger Global.
The proposed visit, Atishi's petition said, is significant for Delhi's governance as it will allow the city government to "showcase the leaps" made in areas of education, health, and urban development.
