News for 'employee dues'

UP rain toll climbs to 28, red alert in 6 districts

UP rain toll climbs to 28, red alert in 6 districts

Rediff.com12 Sep 2023

Nine more people have died as heavy rains lashed Uttar Pradesh for the third day, taking the death toll to 28, while a red alert has been sounded on Tuesday in six districts including the worst-hit Barabanki and Gonda.

Why are Tamil Nadu government employees committing suicide?

Why are Tamil Nadu government employees committing suicide?

Rediff.com7 May 2015

Constant harassment and pressure to accept bribes has left employees of the Tamil Nadu administration disillusioned, reports R Ramasubramanian from Chennai.

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Delhi Police gave us no FIR, neither reveal offences: NewsClick

Rediff.com4 Oct 2023

"What we have been able to gather is that Newsclick stands accused of offences under the Unlawful Activities Prevention Act (UAPA), for purportedly carrying Chinese propaganda on its website. All devices, laptops, gadgets, phones, etc have been seized in the past. All emails and communications have been analysed under the microscope," the statement by NewsClick read.

Unpaid firms, former employees sue CWG OC

Unpaid firms, former employees sue CWG OC

Rediff.com5 Jul 2011

Under the scanner for alleged bungling to the tune of several crores of rupees, the Commonwealth Games Organising Committee is now mired in litigation with several firms and its former employees seeking their dues.

Startups On Hiring Spree!

Startups On Hiring Spree!

Rediff.com5 Feb 2024

In 2024 so far, 20 startups have already visited the campus with 80 placements.

Earnings-equity valuation gap of Indian IT companies widens

Earnings-equity valuation gap of Indian IT companies widens

Rediff.com23 Jan 2024

The Nifty IT index rose by 5.14 per cent on Friday (January 12), marking its best performance in a day since July 2020, followed by another 1.9 per cent rally on Monday. With this, the index, which tracks the share prices of India's 10 biggest information technology (IT) services companies, has increased 7.1 per cent in the past two sessions. However, the substantial rally in the index occurred at a time when India's four largest IT companies reported their worst quarterly performance in over five years.

Manipur women's body protests against Assam Rifles' notice to politician

Manipur women's body protests against Assam Rifles' notice to politician

Rediff.com2 Sep 2023

Representatives of the Committee on Mass Protest against Assam Rifles organised sit-ins to protest against the paramilitary force's legal notice to Republican Party of India-Athawale national secretary Maheshwar Thounaojam for harming the "reputation of the organisation".

Piyush Goyal's unique way of thanking one million employees

Piyush Goyal's unique way of thanking one million employees

Rediff.com26 Apr 2016

Minister of state for power Piyush Goyal will gift wooden-framed 'appreciation letters' to one million govt employees.

Flipkart eyes profitability ahead of IPO

Flipkart eyes profitability ahead of IPO

Rediff.com22 Jan 2024

Flipkart, the e-commerce company owned by Walmart, is intensifying its efforts to achieve profitability as it is eyeing a valuation of approximately $60 billion at the time of its initial public offering (IPO), now planned in 2025-2026, instead of this year, according to people familiar with the matter. The firm might consider listing in the US or any other geography, including India. The company, which counts the likes of Amazon and Reliance's JioMart among its competitors in India's burgeoning e-commerce market, had also contemplated launching an IPO in 2022-2023.

'I earn Rs 2 lakhs per month but can't save. Please help'

'I earn Rs 2 lakhs per month but can't save. Please help'

Rediff.com21 Nov 2023

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) will answer your personal finance-related questions.

'No choice': Elon Musk justifies mass layoffs at Twitter

'No choice': Elon Musk justifies mass layoffs at Twitter

Rediff.com5 Nov 2022

Musk has blamed activists for a significant drop in the company's revenues.

How Your Workplace Will Change in 2023

How Your Workplace Will Change in 2023

Rediff.com21 Dec 2022

As employers eye quality talent, employees will enjoy an upper hand in demanding high pay, better benefits, remote work options and other perks, predicts Navneet Singh, CEO, Avsar, a talent management firm.

Are These The Right Mutual Fund Investments?

Are These The Right Mutual Fund Investments?

Rediff.com26 Oct 2023

rediffGURU Vivek Lala answers your income tax and personal finance queries.

Mamata, nephew call HC order on school jobs 'fixed', 'BJP ploy'

Mamata, nephew call HC order on school jobs 'fixed', 'BJP ploy'

Rediff.com25 Apr 2024

West Bengal Chief Minister Mamata Banerjee on Thursday termed the cancellation of over 25,000 school jobs as 'gross injustice' and alleged that it was a ploy by the Bharatiya Janata Party to stop these job losers from being deployed in poll duty.

Jet Airways Revival Hope Diminishes

Jet Airways Revival Hope Diminishes

Rediff.com8 May 2023

Jet's air operator certificate will lapse on May 19.

Hindustan Motors offers VRS to employees

Hindustan Motors offers VRS to employees

Rediff.com10 Nov 2014

The VRS notice was pasted on the gates of the company's Uttarpara unit by the management, which said all workers would be paid their statutory dues plus and additional amount of Rs 100,000 each.

Modi says J-K breathes freely after Art 370 abrogation; silent on polls

Modi says J-K breathes freely after Art 370 abrogation; silent on polls

Rediff.com7 Mar 2024

After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".

Employees reject Kingfisher offer; Shares fall 4.6%

Employees reject Kingfisher offer; Shares fall 4.6%

Rediff.com23 Oct 2012

Kingfisher on Monday offered its striking employees staggered payment of three months' salary dues before Diwali in mid-November in a bid to get them back to work but a section of employees rejected the offer prolonging the 23-day impasse.

Kingfisher employees to go on hunger strike from Jan 6

Kingfisher employees to go on hunger strike from Jan 6

Rediff.com3 Jan 2014

Employees of Kingfisher Airlines who have not been paid salaries for the past 17 months on Thursday threatened to launch an indefinite hunger strike from Monday demanding stringent action against the defaulting company.

Azharuddin will contest for second term; promises to end corruption

Azharuddin will contest for second term; promises to end corruption

Rediff.com1 Aug 2023

Former India captain Mohammad Azharuddin on Tuesday announced that he will stand for the Hyderabad Cricket Association's (HCA) president for a second term.

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Rediff.com24 May 2023

Both Jet Airways and Go First have met with a similar fate of landing up in insolvency, albeit for different reasons. Whether Go First will be able to avoid the sharp erosion in value like in the case of Jet, experts say, will depend on how quickly it is able to restart operations and retain its slots at airports. Go First, owned by the Wadia group, filed for voluntary corporate insolvency resolution on May 2 due to inadequate capacity utilisation that led to a cash crunch.

Government to weed out confidential reports of retired employees

Government to weed out confidential reports of retired employees

Rediff.com24 Jun 2014

In order to ensure clean working space, the government on Tuesday decided to weed out confidential reports of select categories of retired employees after normal retention period of about 5 years.

Hero MotoCorp offers VRS, eyes leaner organisation

Hero MotoCorp offers VRS, eyes leaner organisation

Rediff.com7 Apr 2023

With a new chief executive officer (CEO) at the helm, the country's largest two-wheeler maker Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'. Recently, the company's erstwhile chief financial officer (CFO) Niranjan Gupta was elevated as CEO.

The pension dilemma: Ring in the old, out with the new?

The pension dilemma: Ring in the old, out with the new?

Rediff.com15 Feb 2023

With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a bind, report Shiva Rajora and Aditi Phadnis.

Flipkart's salary rejig makes employees jittery, look out for better jobs

Flipkart's salary rejig makes employees jittery, look out for better jobs

Rediff.com5 Nov 2016

Flipkart's value has eroded by a third from a peak of $15.2 billion to as low as $9 billion following several investor markdowns

EC issues 2 notices to Rajasthan Congress over poll ads

EC issues 2 notices to Rajasthan Congress over poll ads

Rediff.com23 Nov 2023

The poll panel has asked state Congress chief Govind Singh Dotasra to respond to the notices by 3 pm on Thursday and 7 pm on Friday, respectively.

90% of workers in India expect pay rise this year

90% of workers in India expect pay rise this year

Rediff.com24 Apr 2023

Workers' expectations around the pay rises this year have skyrocketed in India, with 90 per cent of people interviewed are looking for a hike in salary, a report said on Monday. In India, 90 per cent of workers interviewed expect a pay rise this year and on average, close to 20 per cent of the employees surveyed are anticipating an increase of 4-6 per cent, followed by 19 per cent anticipating a 10-12 per cent hike, ADP Research Institute's - People at Work 2023: A Global Workforce View - report revealed. The report revealed that in India, 78 per cent of workers received a pay rise last year, and the hikes averaged 4-6 per cent.

Ram temple event marks 'muhurat' births, UP Muslim family names son Ram Rahim

Ram temple event marks 'muhurat' births, UP Muslim family names son Ram Rahim

Rediff.com22 Jan 2024

While 'Ram' and 'Sita' were the preferred names for many, a baby boy born to a Muslim family in the district hospital in Firozabad, Uttar Pradesh, was named Ram Rahim by his grandmother.

Air India official assaulted by unruly passenger on Sydney-Delhi flight

Air India official assaulted by unruly passenger on Sydney-Delhi flight

Rediff.com15 Jul 2023

Despite the physical assault, Air India cabin crew did not use restraining devices to contain the unruly passenger, the source alleged.

Moderation in demand is where the shoe pinches for footwear majors

Moderation in demand is where the shoe pinches for footwear majors

Rediff.com28 Aug 2023

Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment's higher growth rates.

Woman with tiranga on cheek 'stopped' from entering Golden Temple

Woman with tiranga on cheek 'stopped' from entering Golden Temple

Rediff.com17 Apr 2023

A man who is partly seen in the video is heard asking a Shiromani Gurdwara Parbandhak Committee (SGPC) employee at the temple complex entrance, 'Is this not India?' The employee replied that 'it's Punjab'.

Why Jet Airways has failed to take wings

Why Jet Airways has failed to take wings

Rediff.com26 Dec 2022

These are the four primary issues that have soured the relationship between SBI-led lenders and JKC and delayed the resumption of commercial flights by Jet Airways, once India's largest private airline, which went bankrupt in 2019. Over the past three years, the airline went through an insolvency process under which JKC's resolution plan was approved by a committee of creditors (lenders) and the National Company Law Tribunal (NCLT) in October 2020 and June 2021, respectively. But this didn't mean an end to the problems.

Jet Air to cut salaries, send many staff on leave without pay

Jet Air to cut salaries, send many staff on leave without pay

Rediff.com18 Nov 2022

Jet Airways, which is yet to resume operations under its new owner, will reduce salaries for various staff and send many employees on leave without pay, amid uncertainty over resumption of its operations. The measures, which will be effective from December 1, were revealed hours after the winning bidder Jalan-Kalrock Consortium (JKC) said it might take "difficult" near-term decisions to manage cashflows. The once-storied airline shuttered operations in April 2019 and JKC's resolution plan was approved under the insolvency process by the National Company Law Tribunal (NCLT) in June last year.

Soaring veggie prices stoke inflation fears

Soaring veggie prices stoke inflation fears

Rediff.com12 Jul 2023

Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.

Byju's drops plan to relocate 140 staff from Kerala

Byju's drops plan to relocate 140 staff from Kerala

Rediff.com2 Nov 2022

Byju's has rolled back the decision to relocate 140 employees at one of its offices in Kerala after founder Byju Raveendran's meeting with Chief Minister P Vijayan and announced plans to hire 600 people in the state. The edtech major gave an option to all its 140 staff working at TVM product development centre in Thiruvananthapuram to relocate to Bengaluru as it was planning to shut down the Thiruvananthapuram office as part of its cost optimisation strategy. All these employees were also offered an assured path to return to Byju's in case they are unable to find a job in the next 12 months.

Put aside your arrogance, apologise to people, Tharoor responds to Scindia

Put aside your arrogance, apologise to people, Tharoor responds to Scindia

Rediff.com18 Jan 2024

Congress leader Shashi Tharoor on Thursday said it's a pity that since switching sides, Scindia has adopted the Modi government's "uncaring attitude" to the public.

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

'I've Rs 5 lakh to invest. Buy MFs Or Stocks?'

Rediff.com22 Jan 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Edtech giant Byju's CBO Prathyusha Agarwal, two senior executives quit

Rediff.com30 Aug 2023

Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.

Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock

Bandhan Bank disappoints Street in Q1; analysts 'positive' on the stock

Rediff.com26 Jul 2023

Bandhan Bank has declared disappointing results for the first quarter of the 2023-24 financial year (Q1FY24). While the market has been braced for known issues around microfinance exposures in West Bengal and Assam, there is higher stress in the portfolio. This means higher credit costs and poorer asset quality, leading to target downgrades by analysts.

Telangana: Talks between CM, govt employees FAIL; stir to continue

Telangana: Talks between CM, govt employees FAIL; stir to continue

Rediff.com9 Oct 2013

Talks between Andhra Pradesh government and striking Non-Gazetted Officers Association, to end the ongoing indefinite strike by government employees, did not bear fruit as the latter vowed to continue agitation against proposed bifurcation of the state.