The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
Every UN secretary-general has flagged the financial situation, but Antonio Guterres has issued the direst warning yet, calling it a 'race to bankruptcy and of imminent financial collapse, points out Ambassador T P Sreenivasan.
For MSMEs the transition could mean higher wage bills and tougher compliance -- unless strong handholding follows reports Auhona Mukherjee.
'It's harder to attract women initially, but once they come in, retention is significantly higher.'
Germany has almost 60,000 Indian students 'which makes them already today the largest group of international students in Germany'.
After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.
Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.
If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.
A Pune businessman was shot dead by terrorists in Pahalgam, Jammu and Kashmir, on Tuesday, his daughter recounted the horrific incident. The family was cowering in fear inside a tent when terrorists came. They asked Santosh Jagdale, 54, to come out and recite an Islamic verse. When he couldn't, they shot him thrice: once in the head, then behind the ear and then his back. The 26-year-old daughter of the Pune businessman recounted to PTI the terror the family went through in the horrific attack in Pahalgam in Jammu and Kashmir on Tuesday. After her father fell to the ground, the gunmen turned on her uncle who was lying next to her and shot him several times in the back.
The daughter of a businessman from Pune, who was killed in the recent terror attack in Pahalgam, Jammu and Kashmir, has alleged that the terrorists specifically targeted male tourists after asking them to identify their religion. Asavari Jagdale, whose father Santosh Jagdale was killed in the attack, said the terrorists fired at her father and uncle after they failed to recite an Islamic verse. She also alleged that the terrorists blamed her family for supporting Prime Minister Narendra Modi.
After quitting Infosys Technologies Limited as its senior vice-president and group head, human resources, Hema Ravichandar has now joined Mercer Human Resource Consulting as an independent consultant.
While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
Chakravarty moved the application before Special Judge Hardeep Kaur last week, seeking pardon in the case and claiming he had material information that he was willing to disclose to the Delhi Police, which is investigating the matter.
'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'
The political and ideological differences between the Congress and Shashi Tharoor is no longer a matter of whispers.
Mahindra British Telecom is planning to recruit an additional 2,000 workers over the next 12 months on expectations of rapid growth in industry.
Chakravarty also claimed he was in possession of "material information" about the case which he was willing to disclose to the Delhi police.
How do you avoid being laid off? If you have been let go, what should you do next? Ask rediff Career Gurus to find out.
There is no guarantee that if we speak in only Indian languages, all our faults will be washed away and India will shine. Why then do they bully and belittle the English-speaking? asks Shyam G Menon.
Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.
'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'
'Healthcare is not an industry.' 'The government is only encouraging insurance as they are not able to provide healthcare to people.' 'Opening new medical colleges is not what is needed.' 'You have to invest in public sector hospitals.' 'You cannot hand over healthcare to the private industry.'
'Companies are coming to the campuses, and we have companies booking their slots for the placement season, but the overall number of companies signing is low, and the hiring numbers are also lower.'
Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.
The BJP's vote share in Cuttack went up from 9 per cent in 2009 to 38 per cent in 2019.
Top HR minds in India, including Santrupt Misra of Aditya Birla Group, Satish Pradhan of Tata Sons, P Dwarakanath of Max India, Aquil Busrai (ex-IBM India) and Price Augustine of Mahindra & Mahindra and Pankaj Bansal of People Strong were among those who brainstormed with Maruti Suzuki India chief operating officer (administration) S Y Siddiqui last week.
The Delhi Police, in a first information report (FIR) filed under anti-terror law Unlawful Activities (Prevention) Act (UAPA) following allegations against news portal NewsClick, has alleged that a large amount of funds came from China in order to disrupt India's sovereignty and cause disaffection against the country.
'It is not that employee work is not happening if you don't see it.'
A Delhi court on Tuesday sent to 10-day judicial custody NewsClick founder Prabir Purkayastha and human resources department head Amit Chakravarty, arrested in a case lodged under anti-terror law UAPA over allegations that the news portal received money to spread pro-China propaganda.
"Lady candidates need not apply." So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who was then pursuing her masters in computer science at the institute, wrote a postcard to JRD Tata, expressing her surprise at this gender discrimination, especially since the Tata Group were pioneers on many fronts. Shortly, Murty became the first woman on the firm's shop floor.
BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech firm, sources said. The couple were to travel to New York late on Thursday for vacation when they were stopped at the airport on the basis of a look out circular issued by the Economic Offences Wing (EoW) of the Delhi police. EoW is investigating complaints of payments being made at BharatPe to fake human resource consultancies allegedly operated by Grover and family. They have also been accused of backdating invoices to use funds.
A bench of Justices B R Gavai and Sandeep Mehta asked the AIIMS director to constitute the board and submit a report to it in two weeks.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
Hilton has also hired Mallika Rao Bedi, former head of human resources at Oberoi and Trident Gurugram, as its regional head of human resources (Asia Pacific).
Any economy, which has to sustain a wage CAGR of 6-7%, slips into recession within 15-20 years.
Tata Sons on Friday announced organisational changes, bringing in S Padmanabhan as the group human resources head.
'The prime minister is talking to his Chachaji and he is crying in the PM's lap, it was such an emotional scene.'
Top decision-making body, executive council, will be dissolved on April 1.
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