The move, which was approved by the Union home ministry, comes amid a military standoff with China in the eastern Ladakh area.
The President had been moved out of his residence on Friday, in anticipation of Saturday's protests.
'Soniaji is like a mother to the party. We revere her even now'
Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. The latest to do so is SoftBank-backed Cars24, a leading e-commerce platform for pre-owned vehicles, which has laid off over 600 staff, according to sources in the know. The move, they said, is aimed at conserving cash amid cautious investor sentiment and a slowdown in funding.
Companies in India are expected to dole out an average increment of 7.3 per cent to employees this year amid faster-than-expected economic recovery and revival in business and consumer confidence, according to a survey. The first phase of the 2021 Workforce and Increment Trends Survey by Deloitte Touche Tohmatsu India LLP (DTTILLP) also said the average increment this year will be higher than 4.4 per cent seen in 2020 but lower than 8.6 per cent given by companies in 2019. As many as 92 per cent companies that participated in the survey plan to give an increment in 2021 compared to only 60 per cent last year.
If that outcome were to happen, the Modi government would be responsible for presiding over a self-inflicted national catastrophe.
Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.
The reforms include relocation of 229 officers from the Army headquarters, creation of a new post of deputy chief for military operations and strategic planning.
The BCB said it has often given additional incentives to its cricketers, topping up what has been due to them from the ICC prize money.
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
The ten trade unions are National Trades Union Congress, All India Trade Union Congress, Hind Mazdoor Sabha, Centre of Indian Trade Unions, All India United Trade Union Centre, Trade Union Coordination Centre, Self Employed Women's Association, All India Central Council of Trade Unions, Labour Progressive Federation and United Trade Union Congress.
Jay Shah replaces Bangladesh Cricket Board (BCB) chief Najmul Hasan Papon.
The former Union minister said it is 'quite heartening' to see that Gandhi has taken up the initiative to involve Kishor to come out with a strategy for the 2024 Lok Sabha elections, and the party's revival plan.
TCS is undertaking a significant performance-related restructuring of its workforce
'It would be a huge mistake to think that Gorbachev's reforms did not achieve anything.' 'We all live in the world, which is in many respects a result of Glasnost and Perestroika.'
Rishad joined the company in June 2007.
Former Test opener Langer urged the board and the players union to thrash out their differences behind "closed doors".
While you cannot avoid the delay in payments from your customers, you must come up with new ideas on building your internal cashflow system to ensure that the cash crunch within the organisation is minimal, suggests Naval Goel.
One of the implications of the new strategic objectives for 2020, is that, like the leadership team, OYO will reorganise more teams across businesses and functions.
Like most army combat uniforms, this one has been designed to serve two requirements: First, protection against harsh climatic conditions, including extreme heat and cold. Second, the need to provide soldiers' outfits with field camouflage, so as to increase his battlefield survivability.
Finding Rahul Gandhi's successor is likely to top the agenda when the party's top brass meets.
Reserve Bank Governor Shaktikanta Das on Thursday said the central bank's asset purchases, aimed at mitigating COVID-19-related liquidity stress in the system, did not dilute its balance sheet or compromise on core principles of central banking. In the wake of the pandemic, the RBI undertook several conventional and unconventional measures. "Unlike many central banks, the RBI's asset purchases did not dilute its balance sheet and hence, did not compromise on core principles of central banking," Das said while addressing an event organised by the Bombay Chamber of Commerce. These purchases were confined to risk-free sovereign (government) bonds including state government securities only, he said.
Mohun Bagan and East Bengal are likely to play in the Indian Super League from the 2019-20 season, according to officials.
Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.
Indrani was spiritedly telegraphing details of the jewellery from the back of the court...
N Srinivasan, regarded as the world's most powerful cricket administrator, has been confirmed as the ICC's first chairman after constitutional changes to the governing body were passed at the annual conference in Melbourne on Thursday.
'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'
Ferrari announced a restructuring of their Formula One technical department on Wednesday after struggling in the first three races of a season so far dominated by Mercedes. The sport's oldest, most glamorous and successful team -- last year's runners-up -- are fifth in the championship with Sebastian Vettel and Charles Leclerc pushed into more of a midfield battle.
Cab aggregator Ola is laying off 1,400 staff from rides, financial services and food business as revenues declined by 95 per cent in the last two months due to coronavirus pandemic, a note by CEO Bhavish Aggarwal said. In an email to employees, Aggarwal made it clear that the prognosis ahead for the business is "very unclear and uncertain" and the impact of this crisis is "definitely going to be long-drawn for us".
While the government's intention is to revamp the country's rail network, a half-hearted attempt at creating a more efficient organisation could derail the whole process.
By 2022, the entire job landscape would undergo drastic change.
Should we be exposing our women volunteers to the barbarity of actual combat?
She said she had told the party leadership last year that it was difficult to travel in the three hill states due to her health.
The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt recast agreement in which loans valuing Rs 6,500 crore were restructured and converted into equity.
UEFA issued a strong statement jointly with English, Spanish and Italian leagues and football federations, saying they were ready to use "all measures" to confront any breakaway and saying any participating clubs would be banned from domestic leagues, such as the Premier League.
The change in ownership is expected to give a fresh lease of life to the company that has often been dragged by financial stress in its close to three-decade journey under the Khaitans, reports Ishita Ayan Dutt.
An insider said that over the past decade or so Cipla has become immune to the exits of leaders. There have been no directional change in the long-term strategies.
Though this is part of the divestment drive, government's stake in these companies remains 100 per cent even after the buybacks
A third of the total restaurant market in India - valued at Rs 4.25 trillion - could be wiped out in the current financial year, since many players have simply been unable to sustain operations in the absence of customers.
