IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. IT employee union NITES, however, said the number of freshers affected by the move was much higher, and threatened to lodge an official complaint with the Ministry of Labour and Employment, seeking urgent intervention and strict action against the company.
"According to you Congress should guarantee foolproof intelligence to BJP and nothing should be asked of the BJP," Raj said in a post on X.
A video of a young woman having her burqa removed in Muzaffarnagar in Uttar Pradesh has gone viral and caused outrage among social media users.
Wipro on Wednesday reported a 25.9 per cent year-on-year rise in consolidated net profit for the March quarter to Rs 3,569.6 crore, but warned of a weak quarter ahead with up to 3.5 per cent expected drop in IT services revenue for Q1FY26, amid global uncertainties. CEO and Managing Director Srini Pallia said clients remain cautious in the face of macroeconomic uncertainty.
'We will take all necessary steps to ensure that Abir Gulaal is not released in India.'
Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.
'In a world which is full of categories, hatred and ideologies, there was this basic decency.'
'In India no matter your lifestyle, you will end up doing the same things as everybody else.'
The former Jammu and Kashmir chief minister alleged that government employees were 'forcibly mobilised' and ferried to Modi's rally to paint a 'pretty picture that all is well' post 2019, when the Centre abrogated the provisions of Article 370 of the Constitution and bifurcated the erstwhile state into Union territories.
Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. The combined net profit (adjusted for exceptional gains and losses) of 175 early-reporting companies rose by 3.8 per cent year-on-year (Y-o-Y) in Q4FY25, marking the slowest growth in 17 quarters.
A retired school headmaster from Jhalda, West Bengal, mourned the loss of his 33-year-old son, an Intelligence Bureau officer, who was killed in a terrorist attack in Pahalgam, Kashmir. The incident sparked outrage and calls for justice as families and political leaders expressed grief and condemned the attack. The victims' families recounted the horrifying details of the attack and praised the courage of a local taxi driver who rescued survivors and provided support.
Assam journalist Dilwar Hussain Mozumder was arrested for a second time on Thursday after being granted bail in a previous case where he was accused of attempting to steal bank documents. The arrest came after Mozumder questioned the Managing Director of the Assam Cooperative Apex Bank Limited about alleged financial irregularities. Assam Chief Minister Himanta Biswa Sarma claimed that Mozumder is not a "recognized journalist" as the government only recognizes journalists from print and electronic media.
A 37-year-old ONGC employee allegedly killed his two minor sons by drowning them in a bucket of water due to their "poor academic performance." He then died by suicide. Police have registered a case and are investigating the incident.
Fostering kindness doesn't require grand gestures; even the smallest acts can create a ripple effect, cultivating a more harmonious and effective work culture.
The Maharashtra cabinet on Thursday cleared a proposal that offers an option of availing the Old Pension Scheme (OPS) to the state government employees who joined the service after November 2005.
Review your family emergency fund and replenish it if needed. Revisit financial goals to see if there is any change in timeline or the corpus required.
In a path-breaking decision with far-reaching socio-economic impact, the Centre has allowed woman employees to nominate her son or daughter for family pension, instead of her husband, according to an official statement issued on Monday. Previously, family pension was granted to the spouse of a deceased government servant or pensioner, while other family members became eligible only after the spouse's ineligibility or demise, the statement said. Union Minister of State for Personnel Jitendra Singh said that the Department of Pensions and Pensioners' Welfare (DoPPW) has introduced an amendment to the Central Civil Services (Pension) Rules, 2021, allowing female government employees or pensioners to grant family pension to their eligible child/children after their own demise, in place of of their spouse.
How to conduct the mock exercise with active public participation of people was discussed threadbare at a high-level meeting chaired by Union Home Secretary Govind Mohan. Top civil and police officers of the country participated in the meeting, official sources said.
The owner and manager of Rituraj Hotel in Kolkata have been arrested following a devastating fire that killed 14 people. West Bengal Chief Minister Mamata Banerjee has ordered surprise checks of all establishments in the city to ensure fire safety compliance, after the tragedy highlighted serious violations at the hotel. The hotel has been sealed and special committees will be formed to monitor and identify establishments flouting fire safety norms.
Lt. Vinay Narwal, an Indian Navy officer, was killed in a terrorist attack in Pahalgam, Kashmir, while on his honeymoon. His family, friends, and political leaders mourned his loss, describing him as a brave soldier and a promising young man. The attack sparked widespread condemnation and calls for retribution.
Amidst growing protests from students and other groups over the Telangana government's plan to develop 400 acres of land adjacent to the University of Hyderabad (UoH) for IT infrastructure, the Congress party has urged the state government to hold discussions with all stakeholders. The Congress leader, Meenakshi Natarajan, who is in charge of party affairs in Telangana, said the government should also consider the objections raised by students and others and await the Supreme Court's ruling on the land issue. The matter is currently being heard in both the Telangana High Court and Supreme Court.
IndusInd International Holdings chairman Ashok Hinduja on Tuesday announced the acquisition of Reliance Capital, completing the three-year-long resolution process of the debt-ridden company. IndusInd International Holdings Ltd (IIHL) has transferred the bid amount to the escrow account of the lender, and the takeover of the management from the Administrator will happen on Wednesday.
The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.
rediffGURU Shekhar Kumar, senior manager, talent acquisition, at the Shri Venkateshwara University in Gajraula, Uttar Pradesh, offers career advice on how to optimise your skills, build your network and make the most of your workplace.
Absconding diamond jeweller Mehul Choksi has been detained in Belgium following an extradition request by Indian probe agencies for his alleged involvement in the Rs 13,000 crore PNB bank loan 'fraud' case, official sources said Monday. The action against the diamantaire was taken on Saturday.
Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for 2024-25, sources said. In February 2024, the Employees' Provident Fund Organisation (EPFO) had increased the interest rate on EPF marginally to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23.
Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.
After committing the crime, the woman allegedly went on a vacation with her lover to a hill station, Singh said.
'The launch of Nila, our very first satellite was very emotional as well as nerve wracking. We tried to calm ourselves by cracking some poor jokes!'
Sources close to the development told Business Standard the company was exploring different ways to save on its employee costs and had laid off a few employees on "performance" grounds. "We will see a similar development for the next few months. "The company is fine-tuning its hiring policies and implement rigourous measures to look into employee performance," a source said.
BJP Tamil Nadu president K Annamalai and many party functionaries were detained by police in Chennai on Monday ahead of a protest against alleged irregularities in state-run liquor retailer TASMAC. The BJP had planned to picket the TASMAC headquarters over alleged Rs 1,000 crore irregularities, as claimed by the Enforcement Directorate (ED). Annamalai was detained near his house along with his supporters, and senior party leaders including Tamilisai Soundararajan were placed "under house arrest" by the police. The ED had earlier said it found "multiple irregularities" in TASMAC operations, including "manipulation" in tender processes and "unaccounted" cash transactions worth Rs 1,000 crore.
The woman said after two female passengers who were travelling in same coach de-boarded the train at Alwal railway station, one unidentified man, aged around 25, came near her and demanded sexual favor and when she refused he tried to force upon her then she jumped from the moving train.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Elon Musk brandished a chainsaw, a gift from Argentina's President Javier Milei, while on stage at the Conservative Political Action Conference in National Harbor, Maryland, February 20, 2025.
The Centre on Thursday hiked Dearness Allowance (DA) to 50 per cent of basic pay from the existing rate of 46 per cent effective from January 1 this year, benefitting over 1 crore employees and pensioners ahead of general elections. The Union Cabinet has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners from January 1, 2024, representing an increase of 4 percentage points over the existing rate of 46 per cent of the basic pay/pension, to compensate against price rise, Union Minister Piyush Goyal said after the Cabinet meeting.
Workplaces of 2025 will be defined by a deep focus on people-first values, inclusivity, and sustainable growth, foresees Sonica Aron, founder of Marching Sheep.
Retirement fund body EPFO added 16.05 lakh net new members in December, which is 9.69 per cent higher compared to November 2024, as per the payroll data released on Tuesday. Further, a labour ministry statement said there was a growth of 2.74 per cent in net payroll additions compared to December 2023.
Two Maharashtra Police officers are facing dismissal for alleged negligence in the investigation of a fatal Porsche crash in Pune last year. The officers were suspended for their late reporting of the incident and dereliction of duty, and an internal inquiry revealed lapses in the case registration and blood sample collection. The case involves a drunk minor driver who killed two tech professionals, and there was an attempt to swap blood samples to conceal the driver's intoxication.
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
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