News for 'Pay Commission'

MoSha Have Left Nothing To Chance

MoSha Have Left Nothing To Chance

Rediff.com30 Nov 2023

The five-state assembly elections are seen as a now-or-never, no-holds battle for the Congress, points out N Sathiya Moorthy.

TMC 'stings' BJP over Sandeshkhali, moves EC with video

TMC 'stings' BJP over Sandeshkhali, moves EC with video

Rediff.com9 May 2024

TMC's Rajya Sabha MP Sagarika Ghose submitted a letter to the Election Commission on Thursday.

DA for central govt employees hiked by 3%

DA for central govt employees hiked by 3%

Rediff.com30 Mar 2022

The Union Cabinet on Wednesday hiked Dearness Allowance (DA) and Dearness Relief (DR) by 3 per cent to 34 per cent to compensate for the price rise, benefitting over 1.16 crore central government employees and pensioners. The additional instalment will be effective from January 1, 2022, said an official release after the Cabinet meeting. "The Union Cabinet...has given its approval to release an additional instalment of DA to central government employees and DR to pensioners w.e.f. January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the Basic Pay/Pension, to compensate for price rise," an official statement said.

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Govt posts Manipur cadre officer as aviation secretary, rejigs bureaucracy

Rediff.com1 Sep 2023

The Centre has appointed senior IAS officers Vumlunmang Vualnam and Neeraj Mittal as new secretaries in the ministry of civil aviation and the department of telecommunications respectively in a major secretary-level bureaucratic reshuffle, a government order stated.

Google begins reinstating Indian apps after govt intervention

Google begins reinstating Indian apps after govt intervention

Rediff.com6 Mar 2024

Google on Tuesday began reinstating about 250 Indian apps it had delisted from its Play Store over a billing dispute as it caved in to government criticism, but the squabble may not yet be over.

Digital Loan Apps: Boon Or Bane?

Digital Loan Apps: Boon Or Bane?

Rediff.com18 Jan 2024

For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.

If pay panels can't bring about systemic changes, why have them?

If pay panels can't bring about systemic changes, why have them?

Rediff.com2 Dec 2015

The more market driven the economy becomes, the more its government sector should function in its basics like the rest of the economy.

Where Does Superstar Vijay Go From Here?

Where Does Superstar Vijay Go From Here?

Rediff.com2 Jul 2024

A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.

Govt provides for OROP, pay panel despite earlier doubts

Govt provides for OROP, pay panel despite earlier doubts

Rediff.com8 Mar 2016

It should be noted that the CPC allocation is provisional.

ONDC to test Zomato's dominance; valuation mark-down likely: Analysts

ONDC to test Zomato's dominance; valuation mark-down likely: Analysts

Rediff.com20 May 2023

Zomato shares may see limited upside in the near-term amid news-flow around government-backed ONDC expanding its footprint in the delivery market, believe analysts. Zomato shares have dropped 4 per cent in three days on the BSE. By comparison, the benchmark S&P BSE Sensex has added 0.2 per cent.

Bonanza for central govt staff likely

Bonanza for central govt staff likely

Rediff.com20 Feb 2014

The Centre is expected to increase the dearness allowance by 10% to 100% by the end of February.

Wipro chairman Rishad Premji's compensation down 50% as profits fall

Wipro chairman Rishad Premji's compensation down 50% as profits fall

Rediff.com27 May 2023

Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm's profit. According to the Form 20-F, filed with the US Securities and Exchange Commission by Wipro, Premji's compensation for FY23 was $951,353, down 50 per cent from $1,819,022 in FY22. "Rishad A Premji is entitled to a commission at the rate of 0.35 per cent on incremental consolidated net profits of Wipro Limited over the previous fiscal year. However, in light of the fact that the incremental consolidated net profits for fiscal year 2023 was negative, the Company determined that no commission was payable for fiscal year 2023 to Mr Rishad A. Premji," said the company in the filing.

Cong gets fresh IT notices for Rs 1,800 cr; alleges it's tax terrorism

Cong gets fresh IT notices for Rs 1,800 cr; alleges it's tax terrorism

Rediff.com29 Mar 2024

Ramesh alleged that through the "electoral bonds scam", the Bharatiya Janata Party has collected Rs 8,200 crore and used the route of "pre-paid, post-paid, post-raid bribes and shell companies".

Haryana: Small state rich in financial resources

Haryana: Small state rich in financial resources

Rediff.com8 Jul 2016

The state has close to 280,000 employees and 180,000 pensioners.

'There's concrete proof of corporate-political nexus'

'There's concrete proof of corporate-political nexus'

Rediff.com29 Mar 2024

'Isn't it obvious? Do you have a doubt? There is so much data that shows that there is quid pro quo.' 'There are many instances of donations being given after the raids, donations being given before the award of a contract and many other permutations and combinations.'

No family planning, haircutting, 'soap toilet' allowances for govt employees

No family planning, haircutting, 'soap toilet' allowances for govt employees

Rediff.com10 Jul 2017

Funeral and cycles allowances have been retained and revised.

Pay hike: How to spend your money wisely

Pay hike: How to spend your money wisely

Rediff.com30 Jun 2016

The Pay Commission's award will provide a windfall that can be used to both spend and invest wisely.

Govt discontinues 7 interest free advances for employees

Govt discontinues 7 interest free advances for employees

Rediff.com7 Oct 2016

All interest free advances stand discontinued with the exception of interest free advance for medical treatment, travelling allowance for family of deceased, travelling allowance on tour or transfer and leave travel concession

Wipro CEO Thierry Delaporte got $8.7 mn pay package in FY21

Wipro CEO Thierry Delaporte got $8.7 mn pay package in FY21

Rediff.com10 Jun 2021

Wipro Chief Executive Officer Thierry Delaporte drew a pay package of $8.7 million (around Rs 64.3 crore) in the financial year 2020-21, according to a regulatory filing. Delaporte's compensation is for the period from July 6, 2020, to March 31, 2021, and includes components such as a one-time cash award, annual stock grant and one-time grant of RSUs (restricted stock units). The former Capgemini executive had joined the Bengaluru-headquartered Wipro as its chief executive officer and managing director on July 6, succeeding Abidali Neemuchwala.

We Won't See The Likes Of Him Again

We Won't See The Likes Of Him Again

Rediff.com1 Mar 2024

His legacy will endure through the countless lives he touched, the legal precedents he set, and the principles he upheld.

Top 500 ranking, no online class: Rules for foreign universities in India

Top 500 ranking, no online class: Rules for foreign universities in India

Rediff.com8 Nov 2023

The guidelines have been prepared in line with the National Education Policy (NEP) 2020 that has envisioned that top universities in the world will be facilitated to operate in India.

Waze denies paying Deshmukh, extorting from bars

Waze denies paying Deshmukh, extorting from bars

Rediff.com14 Dec 2021

In his statement before the ED, Waze had alleged that Deshmukh asked him to collect money from bars.

GenAI Debuts In Lok Sabha Polls

GenAI Debuts In Lok Sabha Polls

Rediff.com30 Mar 2024

'This Lok Sabha election is more of a trial for GenAI content.'

Will SBI Reveal Names Behind Electoral Bonds?

Will SBI Reveal Names Behind Electoral Bonds?

Rediff.com26 Feb 2024

Government unlikely to bring in an ordinance to address the developments arising out of the Supreme Court order.

Will expose Rs 40k-cr scam under Yediyurappa govt if ...: BJP MLA

Will expose Rs 40k-cr scam under Yediyurappa govt if ...: BJP MLA

Rediff.com27 Dec 2023

Yatnal, who has launched a tirade against Yediyurappa and his family, especially after his second son BY Vijayendra was made the BJP state president, said there was large-scale corruption in coronavirus management during the BJP government.

Govt staff salaries: A whopping Rs 1 lakh cr and to rise further!

Govt staff salaries: A whopping Rs 1 lakh cr and to rise further!

Rediff.com12 Aug 2015

The outgo towards salary will further rise in 2017-18 to over Rs 1.28 lakh crore.

'We should pay more attention to China'

'We should pay more attention to China'

Rediff.com18 May 2022

'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'

Gehlot's Political Response To Farmers' Debt Problem

Gehlot's Political Response To Farmers' Debt Problem

Rediff.com23 Aug 2023

Banks may become more cautious in extending loans, as more and more farmers may take loans, relying on the assurance that a debt relief commission will back them in the event of default.

Madhubala-Dilip Kumar To Star In 2025 Movie?

Madhubala-Dilip Kumar To Star In 2025 Movie?

Rediff.com6 Apr 2024

Digital ghosts have opened a new can of worms for digital experts.

7th Pay Panel: Private sector employees want similar hikes

7th Pay Panel: Private sector employees want similar hikes

Rediff.com11 Dec 2015

Entry-level employees were the most disappointed.

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Can Uday Shankar Recreate At Reliance-Disney What He Did In Star TV?

Rediff.com11 Mar 2024

'The whole narrative will change from TV is dying to TV-plus-digital is the future.'

Mr Modi, please heed loss of morale in armed forces

Mr Modi, please heed loss of morale in armed forces

Rediff.com21 Apr 2017

'The non-implementation of the Seventh Pay Commission, almost a year after it was implemented for civilians, is gradually beginning to hurt morale in the armed forces,' says Brigadier Gurmeet Kanwal (retd).

ED attaches assets worth Rs 538 cr of Jet founder Naresh Goyal

ED attaches assets worth Rs 538 cr of Jet founder Naresh Goyal

Rediff.com1 Nov 2023

The Enforcement Directorate on Wednesday said it has attached in London, Dubai and India assets worth Rs 538 crore of Jet Airways founder Naresh Goyal, his family members and companies as part of a money laundering investigation linked to an alleged bank loan fraud. The attached properties include 17 residential flats, bungalows and commercial premises. Located in London, Dubai and various cities in India, these properties are in the name of various companies like Jetair Private Limited and Jet Enterprises Private Limited, Goyal, his wife Anita, and son Nivaan, the central agency said in a statement.

Bhupesh Baghel, others booked in Mahadev betting app case

Bhupesh Baghel, others booked in Mahadev betting app case

Rediff.com17 Mar 2024

The Enforcement Directorate, which has been investigating the Mahadev app-linked money laundering case for more than a year, alleged in the past that its probe has shown involvement of various high-ranking politicians and bureaucrats from Chhattisgarh, where the two main promoters of the app hail from.

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Adani shrugs off Hindenburg effect, back to rapid expansion spree

Rediff.com31 Mar 2024

Adani group opened a $1.2 billion copper plant, bought a port in Odisha, raised stakes in a cement company and stitched an alliance with rival Mukesh Ambani's Reliance Industries, all in a matter of one week in signs that the apples-to-airport conglomerate has shrugged off the Hindenburg effect and is back to rapid expansion spree. In the last one week, Adani group has through regulatory filings and press statements announced expansions and investments in its mainstay ports business, diversification into metal refining, fund infusion into a two-year-old cement foray and continuing progress in the commissioning of its mega solar project.

SlicePay: The 'buy now, pay later' start-up for students

SlicePay: The 'buy now, pay later' start-up for students

Rediff.com7 Nov 2017

With more and more youngsters preferring to shop online, the credit appetite has surged.

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

28% GST on online gaming, casinos, horse race clubs get Cabinet nod

Rediff.com9 Aug 2023

The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.

How Smart TV Is Changing India

How Smart TV Is Changing India

Rediff.com23 Feb 2024

The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.

Can state govts match Centre bonanza?

Can state govts match Centre bonanza?

Rediff.com26 Mar 2008

Since most of the States' coffers are depleting the hike in salaries in states is unlikely to match the central government. The payout is likely to be deferred levels. Besides, many states have their own pay commissions. However, state govt employees are assessing whether it is the central pay commission's recommendations that will be more beneficial for them or the state govt's own, as state commission's recommendations are reviewed every 5 years and centre's every 10 years.

Doping: Russia pays huge fine to avoid expulsion

Doping: Russia pays huge fine to avoid expulsion

Rediff.com13 Aug 2020

Russia's suspended athletics federation said on Wednesday it had paid a multi-million-dollar fine to World Athletics in a move that could help it avoid expulsion by the sport's global governing body. Last month World Athletics said the federation would be expelled if it failed to pay $6.31 million, a sum that includes a fine for breaching anti-doping rules, before August 15.