India's largest IT services company TCS on Thursday reported an 11.95 per cent jump in net profit at Rs 12,380 crore in the December quarter while the overall workforce reduced by over 5,000 employees. The Tata Group company had reported a net profit of Rs 11,058 crore in the year-ago period, and Rs 11,909 crore in the preceding September quarter. The company's revenue grew 5.6 per cent to Rs 63,973 crore as against Rs 60,583 crore a year earlier.
All employees should supplement the employer-sponsored health cover with a personal cover.
The take by the Economic Survey 2024-25 on work hour week had come weeks after Larsen & Toubro Ltd Chairman and Managing Director SN Subrahmanyan sparked off a raging debate on social media when he said employees should work 90-hour a week, including on Sundays rather than sit at home.
Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce.
Seasoned bureaucrat and a stickler for rules Finance Secretary Tuhin Kanta Pandey will be at the helm of capital market regulator, Securities and Exchange Board of India (SEBI), for three years. The 1987-batch Odisha-cadre Indian Administrative Service (IAS) officer, Pandey, would replace Madhabi Puri Buch, whose three-year term ends on Friday.
While the BJP received the highest amount, securing Rs 1,685.63 crore, the Congress received Rs 828.36 crore, and the Aam Aadmi Party (AAP) Rs 10.15 crore.
At least 27 terrorists were killed and 155 passengers rescued by the security forces after Baloch militants hijacked a passenger train in a tunnel in Pakistan's restive Balochistan province on Tuesday, security officials said.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'
The private corporate sector showed improvements across various segments in the third quarter of the current financial year (Q3FY25), with the operating profit margin of listed non-financial companies increasing sequentially by 50 basis points (bps) to 16.2 per cent, according to the Reserve Bank of India (RBI) data released on Monday. Sales of listed private non-financial companies increased by 8.0 per cent during Q3FY25, compared to 5.5 per cent in the corresponding quarter a year ago. It was, however, 5.4 per cent in Q2FY25.
Mail her photographs and why you love looking at your wife to getahead@rediff.co.in (SUBJECTLINE: My Wife).
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
The Commission concluded that the bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai.
Individuals earning up to Rs 12 lakh annually will not have to pay any income tax under the new tax regime as Finance Minister Nirmala Sitharaman on Saturday gave relief to middle class by raising exemption limit and rejigging slabs. For salaried employees, this nil tax limit will be Rs 12.75 lakh per annum, after taking into account a standard deduction of Rs 75,000.
Trump made these remarks after Elon Musk-led DOGE's (Department of Government Efficiency) disclosed that USAID contributed USD 21 million to Election Commission for boosting voter turnout.
'A major IT services firm that previously had a demand of 1,000 to 2,000 employees now requires 7,000 to 8,000 -- a sizeable jump from the previous quarter.'
The Telangana government officials would submit a report by February 2 on the caste survey held in the state last year.
Cheistha Kochhar, 33, was a Doctoral Candidate studying behavioural research since she moved to London from Gurugram, Haryana, last year.
US President Donald Trump has 'America First' as his priorities and this includes making America safe again, making the country affordable, achieving energy dominance, draining the swamp and bringing back American values, the White House said on Monday.
Around 1,000 Nepalese students studying at KIIT were issued suspension notices and asked to leave the campus immediately on Monday following protests after the body of a student, Prakriti Lamsal, was found hanging from the ceiling of her hostel room on Sunday.
Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.
A shocking murder case has surfaced in Venkateswara Colony under Meerpet Police Station limits in Rangareddy district of Telangana.
Microaggressions may be subtle but their impact is deep. If ignored, they can lower morale, stifle diversity and hold people back, says Shruti Swaroop.
"Anybody unhappy with Elon? If you are, then we'll throw them out of here," Trump said
Samajwadi Party chief Akhilesh Yadav on Monday criticized the Uttar Pradesh government over the severe traffic congestion in Prayagraj, claiming it has led to a shortage of essential commodities and inconvenienced devotees visiting the Maha Kumbh Mela. He also posted a video on X with people sharing their experiences and pointing out at the chaos. Yadav alleged that the officials are giving orders sitting in their rooms but are not coming down to the ground and that residents of Prayagraj have got nothing except filth, traffic jams and price rise.
By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan
As many as 293 people were killed and over 1,200 injured in the triple train collision near Bahanaga Bazar railway station in Balasore district on June 2.
Kash Patel, former Trump aide and vocal critic of investigations into the former president, testified at his Senate confirmation hearing for FBI director.
Who accompanied Prime Minister Narendra D Modi to his Thursday meeting with US President Donald J Trump in the Oval Office, and who did POTUS bring along?
With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.
Prime Minister Narendra Modi visited Assam and participated in a grand Jhumoir dance performance, celebrating 200 years of the state's tea industry and the rich cultural heritage of the tea tribe community. He played a traditional drum of the tea tribe community, highlighting the government's efforts to support the tea industry and uplift the tea tribe community. The event, attended by dignitaries and ambassadors from around 60 countries, showcased Assam's vibrant traditions to a global audience.
Eleven Indian nationals were found dead at a restaurant in Georgia's mountain resort of Gudauri. The Indian mission in Tbilisi said it was working closely with local authorities to facilitate the prompt repatriation of the mortal remains to India. Georgia's Ministry of Internal Affairs said the initial inspection found no signs of injury or violence. All victims died from carbon monoxide poisoning, local media reported, citing police. The victims were employees of an Indian restaurant 'Haveli' in Gudauri and were from north India. The police started an investigation under Article 116 of the Criminal Code of Georgia, which implies negligent manslaughter.
The Mumbai district election officer has said all establishments, businesses and other workplaces within the Brihanmumbai limits are mandated to grant leave to their employees for voting in the Maharashtra assembly polls on November 20.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
The avalanche hit the BRO camp between Mana and Badrinath between 5:30 am and 6 am on Friday, burying the workers inside eight containers and a shed, according to the Army.
While advancements in biotechnology hold immense promise for health and innovation, they also come with significant risks if misused.
'The way the bank is doing in the past 4-5 quarters, no reason to see why we will not be able to achieve that.'
Prime Minister Narendra Modi is set to hold bilateral meetings with US President Donald Trump and other prominent American personalities during his two-day visit to the United States.
Dan Scavino, Assistant to the President and White House Deputy Chief of Staff on Thursday said that United States President Donald Trump has officially signed the commission to confirm Kash Patel as the ninth Director of the Federal Bureau of Investigation (FBI).
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
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