'India needs offensive and defensive security measures to protect itself.'
The four labour codes will not come into effect from April 1 as states are yet to finalise the relevant rules, which means that there will be no change in take home pay of employees and provident fund liability of companies for now. Once the wages code comes into force, there will be significant changes in the way basic pay and provident fund of employees are calculated. The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021. The ministry had even finalised the rules under the four codes.
Exports of cut and polished diamonds during April-May witnessed a 77.42 per cent decline, gold jewellery exports declined 92 per cent and shipments of coloured gemstones also dipped 92.90 per cent.
Retailers are also demanding that home delivery across all forms of retail should be allowed to ensure a level playing field.
The quick reaction surface-to-air-missile missile developed by DRDO was test launched from the Integrated Test Range at Chandipur near here at about 3.08 pm from a vertical launcher against an electronic target at a very low altitude.
The Sports Authority of India has already drawn up the Standard Operating Procedure regarding resuming sporting activities.
RBL Bank is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth under a leader who doesn't want to give up, says Tamal Bandyopadhyay.
Boeing 737 MAX planes were globally grounded in March 2019, after two of these crashed within five months, raising safety concerns.
Experts said attempts from China have increased in the last year, which further amplified after the Indian government banned Chinese applications post the Galwan clash.
The fire broke out after a blast at United Phosphorus Ltd's plant in Jhagadia GIDC industrial area, said inspector P H Vasava of the local police station.
SoftBank-backed mobility firm Ola, announced expansion of its employee stock options (ESOP) pool to Rs 3000 crore. Ola is also allocating an additional Rs 400 crore worth of stocks to employees in the run up to its IPO. The allocation rewards Ola's high impact employees and will lead to long term wealth creation for them.
Reliance Industries has put together an aggressive plan to build its drone business which includes expanding manufacturing capacity five-fold, participating in the new drone production linked incentive scheme, and experimenting with limited logistics payloads to deliver goods. The target is to become a key player in the expected $5 billion market in India by the end of the decade. The drone business is being carried out through a Bangalore-based start up, Asteria Aerospace, in which Reliance has taken a majority stake. Asteria is a subsidiary of Jio Platforms Ltd.
'The need for added safety has bolstered demand for charter flights in the last year and is expected to continue.'
'Thankfully, most investors in India have now seen through this false narrative and are once again deploying their hard-earned money.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
'Any language I know or character I can convincingly portray is an opportunity, immaterial of which industry it's in.'
Private equity investments in Indian companies grew 38 per cent to $62.2 billion last year, with inflows into Reliance Industries' telecom and retail ventures contributing nearly 40 per cent of the total value of the deals, a report said on Wednesday. Barring investments into Jio Platforms and Reliance Retail, the total deal value was down by 20 per cent over 2019 as the volume of large deals of more than $100 million dipped by a fourth, as per the report by Bain & Company and India Venture Capital Association. Overall investment activity remained muted from March to May last year due to COVID-led uncertainties and investor confidence recovered strongly in the second half to pre-COVID levels with late-stage and buyout deals witnessing increased traction, it said.
'Jayaji, would you say the same thing if in my place it was your daughter Shweta beaten, drugged and molested as a teenager, would you say the same thing if Abhishek complained about bullying and harassment constantly and found hanging one day?'
Here's the full text of the maiden address to the nation by President Droupadi Murmu on the eve of Independence Day 2022.
India's largest firm Reliance Industries has initiated work-from-home for its staff while keeping open consumer-facing businesses of hospital, retail stores and telecom with a minimum workforce amid increasing number of Covid-19 cases in the country. Chairman and Managing Director Mukesh Ambani will hold a meeting almost every third day to take stock of the impact of novel coronavirus (covid-19) outbreak on his employees and business, officials said.
Union Minister Nitin Gadkari said opening of transport and highways will go a long way in instilling confidence among the public and cautioned towards maintaining social distance and adopting all safety measures like hand wash, sanitizing, face masks, etc while operating buses and cars.
Casual labour, which is the type of employment provided by agriculture, yields much lower wages -- of the order of Rs 291 per day. Labour would not voluntarily shift to this lowest wage-rate sector unless it had no better option, observes Mahesh Vyas.
The auto ancillary industry - one of the worst hit due to the labour exodus - will need at least three months to get its factories up and running.
With India already having a huge population of meat eaters and about 70 per cent of the people being non-vegetarian, Indian entrepreneurs are hotting up the online meat market.
He won a high-profile privacy case against the News of the World newspaper in 2008 after it said he had taken part in a "sick Nazi orgy".
He said those making jokes on cows and buffaloes forget that the livelihood of crores of people depends on "pashudhan".
'The new cabinet intends to create an impression in people's minds that even if it is new, it is performing from day one.'
Since existing laws do not cover Covid-19, any compensation in this regard has to be left to the discretion of companies.
Wipro on Wednesday said it expects to hire about 30,000 freshers in FY23, as the IT services major strives to ensure that supply is not a constraint in managing the robust demand environment. Amid the fast-spreading Omicron variant of the COVID virus, the company remains "very vigilant", CEO and managing director Thierry Delaporte said, adding that as a proactive measure, the company has decided to close its offices globally for the next four weeks. "It is of some relief to us that about 90 per cent of our employees globally are now vaccinated with one dose of the vaccine, and over 65 per cent are fully vaccinated with the recommended two doses. "Our plans to return to the office, even in a hybrid model, for our fully vaccinated employees, will be calibrated in the context of the evolving situation, keeping both our employees' safety and client preferences in mind," Delaporte said during Wipro's Q3 earnings calls.
The government has also revised the minimum wages for unskilled non-farm workers upwards by 42 per cent to Rs 350 per day
Ola and Uber said they have resumed services in areas within orange and green zones, and have introduced requirements like wearing masks to ensure safety of riders and driver partners.
With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.
National Medical Commission regulations prohibit Indian medical students overseas to transfer programmes from one university to another mid-way.
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy announced an ex gratia payment of Rs 1 crore each to the kin of those killed in the incident.
However, the government has enacted an important change to the fixed-term employment framework that may help companies in handing out contractual jobs to its existing permanent workforce.
The challenges of transition to stricter emission norm BS-VI from BS-IV and compliance to new safety norms thereby making vehicles costlier are lurking around the sector.
'There is a lot that I find extremely annoying in Ramu, like his constant attempts to shock and stir up controversy by needlessly needling sacred cows.' Subhash K Jha salutes the maverick filmmaker on his birthday.
'Strange as it may seem, the more advanced the safety features in a car, the more critical is the role of the humble seat belt.'
The Serum Institute of India, Bharat Biotech and Pfizer have applied to the DCGI seeking emergency use authorisation for their COVID-19 vaccine candidates and are awaiting approval.
Airtel CEO Gopal Vittal on Thursday warned about a rise in cyber frauds amid a massive surge in online transactions during the second wave of the pandemic, and asserted the company is working "relentlessly" and coming out with safety features to ensure customers are not vulnerable to fraudsters. In an e-mail outreach to customers, Vittal highlighted the modus operandi being adopted by fraudsters and also drew attention to cyber frauds related to digital payments. "With the growing second wave of the pandemic and lockdowns in various parts of the country, there has been a massive increase in online transactions. "Unfortunately, there has also been a corresponding increase in cyber fraud," Vittal said.
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