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.
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.
Though this is part of the divestment drive, government's stake in these companies remains 100 per cent even after the buybacks
FinMin plans tougher targets for bad loans, Casa and others in performance-linked pay for senior management.
'The kind of tax which will be generated from the second pillar may far outweigh what we may be losing in the first pillar.'
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.
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
'The increasing mix of fixed price contracts is helping us improve productivity by bringing in more automation.'
Should we be exposing our women volunteers to the barbarity of actual combat?
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.
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.
He stressed that the assembly poll results were 'not bad' though the party was 'a little down' in UP.
The ministry of external affairs called the invitation a "welcome recognition" of the presence of 185 million Muslims in India and of their contribution to its pluralistic ethos, and of India's contribution to the Islamic world.
Indrani was spiritedly telegraphing details of the jewellery from the back of the court...
ATP tournaments incurred losses of between $60 and $80 million last year, hurt by last-minute cancellations
All of the 56 impacted associates, eight in the senior management and 48 in the middle as well as lower management, have been offered enhanced severance benefits and out placement services to support their transition, the company said.
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.
SC expressed surprise that no steps were taken for recovery.
'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes Nitin A Gokhale.
Before migrating into the theatre command concept, it would be worthwhile to study the shortfalls experienced by the Tri Services Command in the Andaman and Nicobar islands and make good the deficiencies, suggests Commodore Venugopal Menon (retd).
It's business as usual for Bibhu Mohapatra at the New York Fashion Week.
'ISRO facilities are very expensive and any damage caused by these start-ups can create havoc to our space programme.'
The tearing hurry to form theatre commands has to be replaced by a balanced and deliberate approach. We need to accept that this process will take time if executed correctly and in the best interests of the Indian armed forces, argues Commodore Venugopal Menon (retd).
Railways must pull back its share of freight traffic.
India has demanded resumption of export benefits to certain domestic products under GSP, and greater market access for its products from sectors like agriculture, automobile, auto components and engineering. On the other hand, the US wants greater market access for its farm and manufacturing products, dairy items and medical devices, data localisation, and import duties cut on some ICT products.
The acting chief executive of Cricket South Africa (CSA), Jacques Faul, has tendered his resignation barely four months after Sports Minister Fikile Mbalula appointed him to restructure the embattled organisation.
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
Vrde currently manages about $14 billion globally, and has invested nearly $500 million in India in the past five years
Wrapped in blue and orange wax paper, it's a familiar sight on the shelves of kirana stores across the country. Given how well travelled and mobile it is - starting its journey in Chennai, then turning to Singapore and now landing in Mexico - you could say it lives up to its name: Modern. Modern Food Enterprises, the company that manufactures and sells the bread in question as well as other bakery products under the "Modern" brand name, has recently been sold to the world's largest baking company, Grupo Bimbo, for an undisclosed amount. This latest transaction is the second change of guard at Modern within five years and third since the government divested the company at the turn of the century. At a time, when the National Democratic Alliance government has decided to privatise, or shut down, public sector enterprises except for those deemed strategic, Modern makes for a promising case study of how divestment led to the brand's growth, both in revenue and reach.
Besides growing tech and digital enhancements, the firms are ramping up the hiring of more delivery partners and reinforcing existing Covid protocols.
The VRS has been mostly offered to cut costs in wake of economic slowdown, the experts said.
CSA is yet to appoint a permanent director of cricket following the decision not to renew the contract of Ottis Gibson in August
The panel's report also provides a range for fiscal deficit and debt path of both the Union and states and also recommended additional borrowing room to states based on performance in power sector reforms. Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations. The report of the 15th Finance Commission was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman.
Employers are now looking to hire professionals who can demonstrate their skills rather than reel off a catalogue of undirected theoretical qualifications.
Wipro Technologies on Tuesday said the company would have to wait at least three quarters to reap benefits from realigning the organisational structure.
With the world's worst outbreak of COVID pandemic stalling a nascent economic recovery, the government has begun assessing the impact of the second wave of infections on different sectors and may look at providing support at an appropriate time to segments requiring fiscal help. Some of the economic indicators, including the Goods and Services Tax (GST) collections, still provide confidence and incoming data will throw some more light on the state of the economy, sources said. Services sectors like hospitality, tourism and aviation which had just started recovering were hit hard by the second wave of COVID, the sources said, adding these segments might need some support on an urgent basis from the government.
Rangarajan also called for improvement in the country's corporate-bond market saying that this will help even small companies to raise adequate funds.
Gen Rawat's comments about the supporting role of the Air Force came at a conference when asked about the growing perception that the Indian Air Force was not keen on setting up the proposed theatre commands integrating the capabilities of the three forces.
The defence ministry has amended rules to allow the Chief of Defence Staff to serve up to a maximum age limit of 65 years. The changes have been made in the services rules of the army, navy and the Indian Air Force for extension of retirement age of the Chief of Defence Staff to a maximum of 65 years if a service chief is appointed to the post.
Undertaking a major restructuring exercise, consumer goods conglomerate HLL on Wednesday announced a slew of top level management changes naming Douglas Baillie as the chief executive officer to head the management committee.
