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.
Apple Inc has named India-origin Sabih Khan as its new Chief Operating Officer (COO), marking a key move in its long-planned leadership transition. Khan, 58, who has been with Apple for 30 years and is currently the senior vice president of operations, will succeed Jeff Williams later this month, the iPhone maker said in a statement.
A group of current and retired faculty members at the Indian Institute of Management-Bangalore (IIM-B) has asked leaders of corporate India to "de-fund" the spread of misinformation and hate speech through news channels and social media.
'If you really love your work and are good at it, it does not matter what is work and life.'
Industry leaders, including Mahindra Group chairman Anand Mahindra, RPG Enterprises chairman Harsh Goenka and Biocon Ltd chairperson Kiran Mazumdar-Shaw on Monday came out in support of the Agnipath scheme, saying it has large potential for employment of youth in the corporate sector. Mahindra also expressed dismay over the violence against the scheme while asserting that the farm equipment to aerospace conglomerate welcomes the opportunity to recruit trained, capable and young people under the programme. The Agnipath scheme, announced on June 14, provides for the recruitment of youths between the age bracket of 17-and-half years to 21 for only four years with a provision to retain 25 per cent of them for 15 more years.
Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed.
More than 80 executives participated in the survey that was done from April to June this year.
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, the corporate leaders highlighted several issues, including certain income tax matters which were coming in the way of mergers and acquisitions or slowing them down and roles that need to be played by state businesses to prosper at the ground level.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
He lauded the government's 'minimum government and maximum governance' policy.
MakeMyTrip, RBL Bank, Inox wind and IRCTC are among the firms that have made it to the Fortune Next 500 list of Indian companies.
Fraud is a big concern among many board members.
A statement issued by the parliamentary affairs ministry earlier on Saturday said the all-party delegations will project India's national consensus and resolute approach to combating terrorism in all forms and manifestations.
Assocham told Modi policy makers needed to act fast to "bullet proof" India from global jitters.
Introduction of GST would make Indian products competitive in the domestic and international markets.
The diplomatic exercise aimed at presenting India's stance against Pakistan on terror comes in the wake of Operation Sindoor -- the Indian offensive against terror camps in Pakistan and Pakistan-occupied Kashmir following the April 22 terror attack in Pahalgam in which 26 people, mostly tourists, were killed.
India Inc on Saturday cheered the road map for lowering corporate taxation.
Corporate India is indicating cautious hiring in the March quarter of 2023 as concerns rise over possible recession and steady inflation, a survey said on Thursday. According to the ManpowerGroup Employment Outlook Survey, based on interviews with nearly 3,030 public and private employers, hiring intentions will decrease in the quarter both on year-on-year and quarter-on-quarter basis. During the quarter, 48 per cent employers expect to increase their staffing levels, 16 per cent anticipate a decrease in hiring intent and 34 per cent do not anticipate any change in hiring, resulting in a net employment outlook of 32 per cent.
Presenting the Narendra Modi government's maiden Rail Budget, Railway Minister Sadananda Gowda announced setting up of logistic parks and private freight terminals on PPP model.
Many corporate figures, who are not full-fledged businessmen, have felt the need to make a change in the system. That's why they are joining the AAP, Captain Gopinath tells Rediff.com's Vicky Nanjappa
The Congress party announced its intention to challenge the constitutionality of the recently passed Wakf (Amendment) Bill, 2024 in the Supreme Court. AICC general secretary Jairam Ramesh stated that the party will "very soon" file a petition, citing concerns about the bill's impact on constitutional principles. Ramesh highlighted the Congress's ongoing legal challenges against other legislation, including the Citizenship Amendment Act (CAA), amendments to the Right to Information (RTI) Act, and changes to the Conduct of Election Rules. He emphasized the party's commitment to defending the Constitution's principles, provisions, and practices.
India Inc needs to tighten norms against sexual harassment at work.
Corporate India raised decent fund via debt in April.
Indian Industry leaders are elated that the Congress government has returned to power. Here is a wishlist of Cabinet ministers.
The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide.
The Karnataka high court has granted an interim stay on criminal proceedings initiated against Bharatiya Janata Party leader Amit Malviya and Republic TV's Editor-in-Chief Arnab Goswami, in connection with allegations of spreading false claims that the Indian National Congress (INC) operates an office in Istanbul, Turkiye.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
Govt assurances fail to cut ice with Jat leaders as agitation intensifies, Maruti halts production at two plants; highways, railway lines blocked
An first information report (FIR) was registered on Tuesday against Bharatiya Janata Party IT cell head Amit Malviya and Editor-in-Chief of Republic TV, Arnab Goswami for allegedly running false information, police said.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Rajan has a great track record abroad.
It would pave the way for Jammu and Kashmir to attract large-scale investments, the industry leaders said.
The opposition party, however, said the four eminent Congress MPs and leaders who have been included at the instance of the Modi government will, of course, go with the delegations and make their contributions.
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors.
Some sectors like aviation, hospitality, travel and tourism, and automobile have witnessed zero cash flow since the lockdown began.
The Congress on Sunday said it was not stopping anyone from being part of diplomatic delegations to be sent to various countries following Operation Sindoor and that its leaders who have been named at the instance of the government must listen to their conscience and contribute to the exercise.
The Parsi community runs India's respected corporate houses like the Tata, Wadia and Godrej groups.
'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'
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