News for 'Industrial Relations Code'

First time in 5 yrs BMS rejects call by other unions for nationwide strike

First time in 5 yrs BMS rejects call by other unions for nationwide strike

Rediff.com25 Nov 2020

The ten central trade unions have demanded a cash transfer of Rs 7,500 a month to all families that do not pay income tax, free ration of 10 kg per head in a month to all the needy, expansion of the Mahatma Gandhi National Rural Employment scheme to cover more days of job, withdrawal of labour codes and farm bills, halt on privatisation, universal pension coverage and withdrawal of "draconian" circular on forced premature retirement of government officials.

Global gold demand hits 11-yr low; India's demand down 35%

Global gold demand hits 11-yr low; India's demand down 35%

Rediff.com28 Jan 2021

Global gold demand hit an 11-year low in 2020 at 3,759.6 tonnes, mainly due to a weak October-December quarter and the COVID-19 related disruptions across the world driving a muted consumer sentiment throughout the year, the World Gold Council (WGC) said in a report. The overall consumer demand during 2019 was at 4,386.4 tonnes, while in 2009 the overall demand was at 3,385.8 tonnes, according the WGC's 2020 Gold Demand Trends report. Global gold demand dropped by 28 per cent year-on-year (YoY) to 783.4 tonnes in the fourth quarter compared to 1,082.9 tonnes during the October-December period of 2019, the report stated.

'Jalsa changed things for me'

'Jalsa changed things for me'

Rediff.com6 Apr 2022

'I have wanted to act since I was seven. I wasn't confident enough.' 'I thought I didn't have the face, the body and the figure because back then, it was all about the body.' 'Now, the industry is changing.' 'People are noticing talent.' 'It has become more than someone just having a good body.'

PharmEasy buys Medlife, becomes largest e-pharma company

PharmEasy buys Medlife, becomes largest e-pharma company

Rediff.com26 May 2021

PharmEasy has acquired Medlife for an undisclosed amount, the e-pharmacy unicorn said on Tuesday. The deal will make PharmEasy the largest player in the domestic online pharmacy sector, with the combined entity set to serve 2 million customers a month.

'No anti-worker steps will be taken by the government'

'No anti-worker steps will be taken by the government'

Rediff.com24 May 2016

'Now, we have a minimum pension of Rs 1,000 annually.'

SC ruling: Banks could be hit for Rs 100 bn

SC ruling: Banks could be hit for Rs 100 bn

Rediff.com14 Apr 2021

How much will the banks' bad assets grow in March? It could be anywhere between Rs 1.2 trillion and Rs 2 trillion, observes Tamal Bandyopadhyay.

Reforms are about implementation, not announcements

Reforms are about implementation, not announcements

Rediff.com12 Oct 2020

'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici

It's Raining Billions For Gujarat!

It's Raining Billions For Gujarat!

Rediff.com3 Nov 2022

Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.

WhatsApp banned 3m Indian accounts, says 2nd compliance report

WhatsApp banned 3m Indian accounts, says 2nd compliance report

Rediff.com1 Sep 2021

Indian accounts, identified by the "+91" in their mobile numbers, were actioned through WhatsApp's prevention and detection methods, for violating either the laws of India or the company's Terms of Service, the firm said in its compliance report.

31 Maruti employees convicted for 2012 Manesar violence

31 Maruti employees convicted for 2012 Manesar violence

Rediff.com10 Mar 2017

The violence on August 18, 2012 broke out over wage issues when a group of employees allegedly torched a section of MSIL facility which claimed the life of Dev, a resident of South Delhi's Malviya Nagar.

LS passes assisted reproductive tech bill that omits LGBTQ, singles

LS passes assisted reproductive tech bill that omits LGBTQ, singles

Rediff.com1 Dec 2021

The Lok Sabha on Wednesday passed a bill to regulate and supervise assisted reproductive technology clinics, with various members urging the government not to exclude single parents and the LGBTQ community from using this procedure.

Private Credit: PE Players Want To Plunge

Private Credit: PE Players Want To Plunge

Rediff.com20 Jan 2022

More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.

Will Gujarat Be A Cake Walk For BJP?

Will Gujarat Be A Cake Walk For BJP?

Rediff.com4 Nov 2022

The BJP is not taking the AAP challenge lightly. Amit Shah has cautioned party insiders to ensure that AAP does not cross a vote share of 24%. He has always seen AAP as a much more significant challenge than the Congress, observes Ramesh Menon, author, Modi Demystified: The Making Of A Prime Minister.

'If India keeps growing, money flowing in won't stop'

'If India keeps growing, money flowing in won't stop'

Rediff.com3 Jan 2022

'There will always be a challenge to maintain a fine balance to ensure that the growth keeps happening and inflation is contained.'

Future looks bleak for Rana Kapoor-funded firms

Future looks bleak for Rana Kapoor-funded firms

Rediff.com14 May 2020

The collection of mostly small and medium sized businesses is a hotchpotch of ventures and include design schools, schools, villas for hire in Goa and a country club in Gurgaon.

Sebi diktat on splitting chairman, MD/CEO roles

Sebi diktat on splitting chairman, MD/CEO roles

Rediff.com6 Apr 2021

Capital markets regulator Sebi on Tuesday asked listed companies to work towards splitting the roles of chairman and managing director before the April 2022 deadline, as the new directive is not aimed at weakening the position of promoters. Listed entities were initially required to separate the roles of chairperson and MD/CEO from April 1, 2020 onwards. However, based on industry representations, an additional time period of two years was given for compliance. The regulation will now be applicable to the top 500 listed entities by market capitalisation, with effect from April 1, 2022.

'This will lead to a law of the jungle'

'This will lead to a law of the jungle'

Rediff.com11 May 2020

'Just as coronavirus has come to us from China, this disease is also coming from that country.' 'India is a strong democracy and you cannot compromise on labour laws in this manner.' 'These changes will be challenged in court.'

M&M recalls SUV Rexton to rectify faulty rear driveshaft

M&M recalls SUV Rexton to rectify faulty rear driveshaft

Rediff.com12 Aug 2016

The inspection and subsequent rectification will be carried out free of cost for all Rexton customers

ED arrests Chanda Kochhar's husband in money laundering case

ED arrests Chanda Kochhar's husband in money laundering case

Rediff.com7 Sep 2020

The ED, early this year, also attached assets worth Rs 78 crore "in possession of" Chanda Kochhar, Deepak Kochhar and the companies owned and controlled by him.

'2022 will be blockbuster year for films'

'2022 will be blockbuster year for films'

Rediff.com19 Aug 2021

'We will see footfall returning to pre-COVID levels by January.'

Sushant case: Bihar cops: Rhea 'under watch'

Sushant case: Bihar cops: Rhea 'under watch'

Rediff.com1 Aug 2020

'Even though a lot of horrible things are being said about me on the electronic media,' says Rhea Chakraborty, 'I refrain from commenting on the advice of my lawyers.' 'Satyamev Jayate, the truth shall prevail.'

Must see: 10 HOTTEST jobs in India right now

Must see: 10 HOTTEST jobs in India right now

Rediff.com30 Sep 2019

A financial analyst is one of the most popular career options in the domain of finance, Sanjay Goyal.

Want to earn Rs 80 lakhs a year?

Want to earn Rs 80 lakhs a year?

Rediff.com25 Nov 2021

Many businesses hire blockchain developers to provide the finest solutions and establish new technologies by utilising their superior expertise.

Understanding how safe are US cities

Understanding how safe are US cities

Rediff.com6 Mar 2008

Walter W Piegorsch, an expert on environmental risk, has placed 132 major cities from Albany, New York to Youngstown, Ohio on a colour-coded map that identifies their level of risk based on factors, including critical industries, ports, railroads, population, natural environment and other factors.

India set to have 150 unicorns by 2025

India set to have 150 unicorns by 2025

Rediff.com2 Mar 2021

$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.

Labour law: Can Modi pull it off?

Labour law: Can Modi pull it off?

Rediff.com8 May 2015

The govt is expected to relax labour laws.

Amazon urges Sebi to suspend review of Future-RIL deal

Amazon urges Sebi to suspend review of Future-RIL deal

Rediff.com15 Jan 2021

Amazon has asked Sebi to suspend its review of the Rs 24,713 crore Future-Reliance deal and not grant a no objection certification on the ground that its challenge to the agreement was before the Delhi high court. E-commerce major Amazon has written to Sebi again, this time apprising it about the admission of its appeal before the division of the Delhi high court and urged the market regulator to suspend the review of the Future-Reliance Industries Ltd (RIL) deal. This is the eighth letter by Amazon to the Securities and Exchange Board of India (SEBI) chairman Ajay Tyagi since late October. Amazon has been opposing Future group's pact with billionaire Mukesh Ambani's RIL that was signed in August last year.

Anita Kishore, Brain behind Byju's Acquisitions

Anita Kishore, Brain behind Byju's Acquisitions

Rediff.com31 Aug 2021

Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.

Does Modi govt have an Afghan Policy?

Does Modi govt have an Afghan Policy?

Rediff.com28 Aug 2021

The flawed Indian policy toward Afghanistan is missing the woods for the trees. The Modi government doesn't have a 'big picture', observes Ambassador M K Bhadrakumar, who played a stellar role in beginning India's systemic dealings in Afghanistan in 1994.

GST on mobile phones hiked to 18%, makers cry foul

GST on mobile phones hiked to 18%, makers cry foul

Rediff.com14 Mar 2020

The GST rate on mobile phones will be hiked to 18 per cent while that on maintenance repair overhaul (MRO) services for aircraft will be lowered to 5 per cent with effect from April 1, Finance Minister Nirmala Sitharaman said on Saturday. The GST rate on handmade and machine-made matchsticks has been rationalised to 12 per cent from 5 per cent and 18 per cent respectively.

Chanda Kochhar contests bonus clawback, ESOP termination

Chanda Kochhar contests bonus clawback, ESOP termination

Rediff.com20 May 2019

Until June 2018, the ICICI Bank board had given a clean chit to Kochhar with full backing and had said there was no question of favouritism, nepotism or conflict of interest on her part in granting loans to Videocon Industries or any other company. However, the stance changed soon after the regulatory and probe agencies initiated enquiry in the matter.

Can Tesla win India where most US carmakers have failed?

Can Tesla win India where most US carmakers have failed?

Rediff.com23 Apr 2021

What will it take for Tesla to plug and play in India? Sector pundits say it's a mix of strategy, getting the price right, timing, the right talent, and above all, patience.

Governor Caught In Centre-Tamil Nadu Crossfire

Governor Caught In Centre-Tamil Nadu Crossfire

Rediff.com20 Apr 2022

The DMK feels its genuine gestures have had no bearing on the governor's politico-administrative conduct, which is 'more political and politicised than administrative and Constitutional', observes N Sathiya Moorthy.

Why Doctors Stopped Being Gods

Why Doctors Stopped Being Gods

Rediff.com15 Sep 2022

I got to know that every referred case for angiography and angioplasty got a kickback of Rs 5,000 and Rs 15,000 respectively. Seeing this trend, doctors started paying referring doctors Rs 1 lakh in advance and adjusting it as and when patients came in. This menace slowly spread its tentacles all over the medical field, including radiological diagnostics and biochemistry laboratories. For every test ordered, 20 per cent of the bill was given back to the referring doctor. This led to doctors recommending unnecessary tests. The pharmaceutical companies also saw burgeoning business. Acclaimed doctors were given televisions sets, refrigerators, air conditioners and cars depending upon the prescriptions. General practitioners would prescribe unnecessary drugs, and were given returns in cash. A fascinating excerpt from Dr Upendra Kaul's When The Heart Speaks.

Data privacy: Tension between big technology firms and govt boils over

Data privacy: Tension between big technology firms and govt boils over

Rediff.com22 Mar 2021

There is a perception getting built inside the government that big technology companies -- a common term used for firms like Facebook, Google, Twitter, Amazon and the like - are becoming very powerful and present multiple threats to entire nations and their citizens today. The digital ecosystem is replete with CSAM (child sexual abuse material), fake news, drug trade, radicalisation, trolling among other social vices. Given the network effect that these platforms have, it is important to ensure that these platforms are not misused.

Public 'casual', will tighten lockdown, warns TN CM

Public 'casual', will tighten lockdown, warns TN CM

Rediff.com4 Apr 2020

He also announced an assistance of Rs 3,000 for accredited journalists while acknowledging their role in the dissemination of information on COVID19.

Package 5: Non-strategic PSUs to be privatised, Rs 40K cr for MGNREGS

Package 5: Non-strategic PSUs to be privatised, Rs 40K cr for MGNREGS

Rediff.com17 May 2020

To minise wasteful administrative costs, number of enterprises in strategic sectors will ordinarily be only one to four; others will be privatised/merged/brought under holding companies, she said.

How Sebi's 'riskometer' grading of MF schemes helps investors

How Sebi's 'riskometer' grading of MF schemes helps investors

Rediff.com15 Oct 2020

The markets regulator, Securities and Exchange Board of India (Sebi), recently introduced fresh guidelines to determine the place of a mutual fund (MF) on its riskometer tool.

Phalke Award for Rajini is votes for Kamal?

Phalke Award for Rajini is votes for Kamal?

Rediff.com1 Apr 2021

The very timing of the Phalke Award on Rajini now, days ahead of Tamil Nadu voting in the assembly election, may have taken away the seriousness and credibility attaching to the Centre's decision, making it sound every bit political, observes N Sathiya Moorthy.

Mahindra recalls 2,300 units of Scorpio, XUV 500, Xylo

Mahindra recalls 2,300 units of Scorpio, XUV 500, Xylo

Rediff.com18 Nov 2014

The exercise is in keeping with SIAM's voluntary code on vehicle recall