News for 'employees'

Why Flipkart Is Offering A Rs 50K Scholarship

Why Flipkart Is Offering A Rs 50K Scholarship

Rediff.com9 Apr 2025

Under this programme, first-year students enrolled in professional STEM (science, technology, engineering, maths) undergraduate programmes who are children of kirana store owners (KSOs) will receive a fixed scholarship of Rs 50,000 in the academic year 2025-26.

'How Am I Supposed To Get A Job?'

'How Am I Supposed To Get A Job?'

Rediff.com8 Feb 2025

'Our phones are taken away as we enter the room.' 'They are just asking us to sign without any discussion. If you ask for a discussion, they say, 'Sign first'.'

Indians Work More Than Chinese!

Indians Work More Than Chinese!

Rediff.com14 Feb 2025

The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

IndusInd accounting lapses: Sumant Kathpalia steps down as CEO

Rediff.com29 Apr 2025

IndusInd Bank MD and CEO Sumant Kathpalia on Tuesday resigned with immediate effect, taking moral responsibility of accounting lapses in the derivatives portfolio, having financial implication of Rs 1,960 crore to the bank.

Another Nepalese student found dead in KIIT hostel room

Another Nepalese student found dead in KIIT hostel room

Rediff.com2 May 2025

An 18-year-old Nepalese student of the Kalinga Institute of Industrial Technology (KIIT) in Odisha's Bhubaneswar was found hanging from the ceiling fan of her hostel room on Thursday, police said.

'Exceptional item' keeps Paytm in loss with Rs 540 crore hit in Q4FY25

'Exceptional item' keeps Paytm in loss with Rs 540 crore hit in Q4FY25

Rediff.com7 May 2025

One97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of Rs 539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the Rs 549.6 crore it reported in Q4FY24. Sequentially, the fintech company's loss widened from Rs 208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to Rs 522 crore during the quarter ended March 2025.

Gensol promoters likely to come under SFIO glare

Gensol promoters likely to come under SFIO glare

Rediff.com28 Apr 2025

The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.

Formal Hirings Drop 3% in Jan

Formal Hirings Drop 3% in Jan

Rediff.com21 Mar 2025

Of the 823,000 new subscribers in January, the share of young people (18 to 25 age group) declined to 57.07% (470,000) from 57.28% (485,066) in the preceding month.

Religare Enterprises begins governance review of firm, subsidiaries

Religare Enterprises begins governance review of firm, subsidiaries

Rediff.com18 Mar 2025

Religare Enterprises Ltd (REL) on Monday notified the exchanges that its Board has commissioned a governance review of REL and its subsidiaries - Religare Finvest and Religare Housing Development Finance. Additionally, the Board has decided to approach the new promoters, the Burman Group, for immediate funding support to sustain operations of the company.

Medtech MNCs bet big on localisation

Medtech MNCs bet big on localisation

Rediff.com12 May 2025

Several multinational medical device makers are focusing on deepening their presence in India by expanding their local manufacturing footprint and research capabilities, a move that can catapult India into a strategic hub for the medical technology (medtech) industry. Among those increasing their reach in the country are Siemens Healthineers and Philips, signalling a broader shift from India being only a sales destination to becoming a global production and innovation base.

AI Redefines India's IT Workforce

AI Redefines India's IT Workforce

Rediff.com15 Apr 2025

'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'

Get ready to be fired if.....: Elon Musk's ultimatum to federal staffers

Get ready to be fired if.....: Elon Musk's ultimatum to federal staffers

Rediff.com23 Feb 2025

The email came from the Office of Personnel Management's new HR email address but had no signature. The subject line reads: "What did you do last week?"

Bengal SSC to hold fresh exams for teachers' recruitment

Bengal SSC to hold fresh exams for teachers' recruitment

Rediff.com4 Apr 2025

The West Bengal School Service Commission (WBSSC) on Friday said it would abide by the Supreme Court directive and soon initiate the process of conducting fresh exams for all teaching and non-teaching candidates, who took part in the now-invalidated 2016 job recruitment exercise.

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

Kull: The Legacy Of The Raisingghs Review: Misses The Mark

Kull: The Legacy Of The Raisingghs Review: Misses The Mark

Rediff.com2 May 2025

Performances by Nimrat Kaur and Amol Parashar make the rather unimaginative show watchable, observes Deepa Gahlot.

Infosys CEO Salil Parekh to get ESOPs worth Rs 51 crore

Infosys CEO Salil Parekh to get ESOPs worth Rs 51 crore

Rediff.com18 Apr 2025

India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh. These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.

Will Mumbai face power cuts? Maha contractual employees plan stir

Will Mumbai face power cuts? Maha contractual employees plan stir

Rediff.com5 Mar 2024

Thousands of contractual employees of the three state-run power utility companies in Maharashtra have threatened to launch an indefinite strike from Tuesday night over demands including wage hike.

Congress leader slams Tharoor over Pahalgam remarks

Congress leader slams Tharoor over Pahalgam remarks

Rediff.com29 Apr 2025

"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.

UP Horror: Woman Stripped Of Burqa, Beaten

UP Horror: Woman Stripped Of Burqa, Beaten

Rediff.com14 Apr 2025

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.

'There Was Something Beautiful About The Two People'

'There Was Something Beautiful About The Two People'

Rediff.com21 May 2025

'In a world which is full of categories, hatred and ideologies, there was this basic decency.'

Fawad Khan's Abir Gulaal Release NOT Allowed

Fawad Khan's Abir Gulaal Release NOT Allowed

Rediff.com24 Apr 2025

'We will take all necessary steps to ensure that Abir Gulaal is not released in India.'

Israeli tech helps Delhi police crack Rs 80 lakh robbery; 2 held

Israeli tech helps Delhi police crack Rs 80 lakh robbery; 2 held

Rediff.com19 Mar 2025

Delhi Police used an Israeli facial recognition system to identify and arrest two accused persons in an Rs 80 lakh robbery case. The accused were identified as Md Ali and Samir, who were apprehended after police analyzed footage from over 500 CCTV cameras and used the technology to match Md Ali's face with a database, resulting in a 32.09% similarity score. The police recovered Rs 79.5 lakh in cash, a semi-automatic pistol, and other incriminating materials during a raid at Samir's residence. The robbery occurred in the Chandni Chowk area on Monday, when an employee of R K Enterprises was robbed at gunpoint while carrying Rs 80 lakh.

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Wipro Q4 PAT up 26%; sees up to 3.5% drop in revenue for Q1FY26

Rediff.com16 Apr 2025

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.

'There's A Kind Of Beauty In India'

'There's A Kind Of Beauty In India'

Rediff.com16 May 2025

'In India no matter your lifestyle, you will end up doing the same things as everybody else.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

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.

T'gana allows early leave for Muslim staffers during Ramzan; BJP slams move

T'gana allows early leave for Muslim staffers during Ramzan; BJP slams move

Rediff.com18 Feb 2025

The Telangana government has issued a circular allowing Muslim employees to leave offices an hour early during the holy month of Ramzan. The move has been criticized by the opposition Bharatiya Janata Party (BJP), which termed it "appeasement politics". The BJP questioned why similar measures are not extended during Hindu festivals. The ruling Congress party defended the decision, stating that such facilities are provided during various festivals and are not unique to Ramzan.

Salaried employees may save up to Rs 17,500 in new tax regime

Salaried employees may save up to Rs 17,500 in new tax regime

Rediff.com23 Jul 2024

In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a view to boost consumption. She said salaried employees in the new tax regime could save up to Rs 17,500 in income tax annually following the changes announced in the Budget. The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.

Early-bird Q4 results reflect earning hiccups

Early-bird Q4 results reflect earning hiccups

Rediff.com5 May 2025

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.

Why Infosys laid off over 300 freshers

Why Infosys laid off over 300 freshers

Rediff.com7 Feb 2025

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.

Smile never returned: Bengal's Jhalda mourns IB officer lost in Pahalgam

Smile never returned: Bengal's Jhalda mourns IB officer lost in Pahalgam

Rediff.com24 Apr 2025

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 scribe held in second case after securing bail

Assam scribe held in second case after securing bail

Rediff.com28 Mar 2025

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.

Harsh Goenka's 12 Tips For Spreading Workplace Cheer

Harsh Goenka's 12 Tips For Spreading Workplace Cheer

Rediff.com27 Mar 2025

Fostering kindness doesn't require grand gestures; even the smallest acts can create a ripple effect, cultivating a more harmonious and effective work culture.

India set for massive mock drill on Wednesday amid rising tension with Pak

India set for massive mock drill on Wednesday amid rising tension with Pak

Rediff.com7 May 2025

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.

Andhra man kills 2 sons over 'poor academic performance', ends life

Andhra man kills 2 sons over 'poor academic performance', ends life

Rediff.com15 Mar 2025

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.

Review Tax Regime, Plan Investments

Review Tax Regime, Plan Investments

Rediff.com3 Apr 2025

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.

Owner, manager held after 14 killed in Kolkata hotel fire

Owner, manager held after 14 killed in Kolkata hotel fire

Rediff.com1 May 2025

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.

He's a good child... died like a brave soldier': Lt Vinay Narwal's father

He's a good child... died like a brave soldier': Lt Vinay Narwal's father

Rediff.com24 Apr 2025

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.

Cong asks T'gana govt to talk to all stakeholders on UoH land row

Cong asks T'gana govt to talk to all stakeholders on UoH land row

Rediff.com6 Apr 2025

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.

When A Junior Co-Worker Earns More Money Than You...

When A Junior Co-Worker Earns More Money Than You...

Rediff.com28 Apr 2025

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.

IIHL completes acquisition of Reliance Capital

IIHL completes acquisition of Reliance Capital

Rediff.com18 Mar 2025

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.