News for 'employees'

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.

Govt employees forcibly taken to Modi rally: J-K parties

Govt employees forcibly taken to Modi rally: J-K parties

Rediff.com7 Mar 2024

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.

Mehul Choksi detained in Belgium on India's extradition request

Mehul Choksi detained in Belgium on India's extradition request

Rediff.com14 Apr 2025

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.

500 Years For You To Match CEO's Pay!

500 Years For You To Match CEO's Pay!

Rediff.com28 Jan 2025

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.

EPFO retains 8.25% interest rate for 2024-25

EPFO retains 8.25% interest rate for 2024-25

Rediff.com28 Feb 2025

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.

'How To Claim 0 Tax On 2 Flats?'

'How To Claim 0 Tax On 2 Flats?'

Rediff.com6 Mar 2025

Do you have financial planning or income tax queries? Ask rediffGURU Anil Rego.

Woman, lover kill, chop husband; seal body in cement-filled drum

Woman, lover kill, chop husband; seal body in cement-filled drum

Rediff.com19 Mar 2025

After committing the crime, the woman allegedly went on a vacation with her lover to a hill station, Singh said.

HEX20 Elevates India With Nila Launch

HEX20 Elevates India With Nila Launch

Rediff.com7 Apr 2025

'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!'

Maharashtra cabinet nod for OPS to state employees

Maharashtra cabinet nod for OPS to state employees

Rediff.com5 Jan 2024

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.

Family pension: Major decision for women employees

Family pension: Major decision for women employees

Rediff.com29 Jan 2024

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.

Former Governor Soundararajan, TN BJP chief detained during protest

Former Governor Soundararajan, TN BJP chief detained during protest

Rediff.com17 Mar 2025

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.

Woman jumps from moving train to escape from rape bid

Woman jumps from moving train to escape from rape bid

Rediff.com24 Mar 2025

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.

'Help! Employer Rejected My PF Pension Request'

'Help! Employer Rejected My PF Pension Request'

Rediff.com25 Feb 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

Musk In Chainsaw Massacre Mood At DOGE

Musk In Chainsaw Massacre Mood At DOGE

Rediff.com21 Feb 2025

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.

Pune Porsche crash: Two cops face axing for negligence in probe

Pune Porsche crash: Two cops face axing for negligence in probe

Rediff.com28 Mar 2025

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.

EPFO net members addition grows to 16.05 lakh in Dec

EPFO net members addition grows to 16.05 lakh in Dec

Rediff.com25 Feb 2025

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.

'A Great Retirement Product For Every Indian Is...'

'A Great Retirement Product For Every Indian Is...'

Rediff.com4 Apr 2025

Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.

5 Workplace Changes You Will See in 2025

5 Workplace Changes You Will See in 2025

Rediff.com2 Jan 2025

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.

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

'It's Like Being Handed A Formula 1 Race Car, But Choosing To Walk'

Rediff.com25 Feb 2025

'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'

ED conducts raids in case linked to Senthil Balaji

ED conducts raids in case linked to Senthil Balaji

Rediff.com6 Mar 2025

The Enforcement Directorate (ED) conducted searches at multiple locations in Tamil Nadu on Thursday as part of a money laundering probe linked to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC), including the purported role of its minister Senthil Balaji. The raids covered the offices of TASMAC, its employees, corporate offices of distilleries and plants, as well as "key associates" linked to Balaji, but not the minister's premises. The ED is looking into liquor sale transactions and the role of alleged middlemen in connection with TASMAC. Balaji, the minister for electricity, is also in charge of TASMAC, which holds a monopoly over liquor trade in the state. The agency is also investigating Balaji's role in an earlier money laundering case linked to the "cash for jobs scam" in the state transport department. He was arrested in that case but is currently out on bail.

IT Firms to Offer 3-6% Hikes

IT Firms to Offer 3-6% Hikes

Rediff.com17 Feb 2025

IT attrition rate is expected to be around 12% to 13% this year.

US court dismisses Pannun's claim of serving summons on Ajit Doval

US court dismisses Pannun's claim of serving summons on Ajit Doval

Rediff.com1 Apr 2025

A US court has dismissed a claim by Khalistani separatist Gurpatwant Singh Pannun that court documents, including a summons, had been served on National Security Advisor Ajit Doval during his visit to Washington in February. The court found that the complaint was not delivered to Doval as required by the court's order.

Navy officer's wife bids heart-wrenching adieu to husband

Navy officer's wife bids heart-wrenching adieu to husband

Rediff.com24 Apr 2025

'Let his soul rest in peace...We should all be proud of him in every way. And we will make him proud in every way'

Microsoft Techie Quits Over Israel's Actions

Microsoft Techie Quits Over Israel's Actions

Rediff.com8 Apr 2025

Vaniya Agarwal says Friday April 11 will be her last day at Microsoft

BSP chief Mayawati refers to herself as 'iron lady'

BSP chief Mayawati refers to herself as 'iron lady'

Rediff.com15 Mar 2025

Bahujan Samaj Party (BSP) chief Mayawati paid tribute to the party founder, late Kanshi Ram, on his 91st birth anniversary. She emphasized the BSP's commitment to action over words, highlighting the party's focus on the upliftment of backward classes. Mayawati also referred to herself as the "iron lady" and emphasized the importance of understanding the power of one's vote.

Liberation of Balochistan and Sindh must top the agenda

Liberation of Balochistan and Sindh must top the agenda

Rediff.com25 Apr 2025

Terrorism and insurgency in J&K had subsided when India demolished East Pakistan -- for the simple reason that Pakistan understands power. We need to follow Chanakya's dictum of Saam, Daam, Dand, Bhed for strategising against Pakistan, asserts Lieutenant General Prakash Katoch (Retd). The ground truth is that unless we are prepared to acknowledge our shortcomings, including massive intelligence failures, punish those responsible and take corrective actions, we will continue in the same vein, asserts Lieutenant General Prakash Katoch (Retd).

Paytm looks to rationalise employee costs by revising hiring strategy

Paytm looks to rationalise employee costs by revising hiring strategy

Rediff.com2 Jan 2024

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.

Central govt employees' DA hiked to 50% of basic pay

Central govt employees' DA hiked to 50% of basic pay

Rediff.com7 Mar 2024

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.

Markets Choppy? Don't Worry. You Can Still Make Money

Markets Choppy? Don't Worry. You Can Still Make Money

Rediff.com30 Apr 2025

If you redeem your investments when prices have fallen sharply, you will be selling at low prices and may make a permanent loss. On the other hand, if you remain patient and remain invested, you give your investment the time to recover, says Dwaipayan Bose

How PM Mudra Loans Are Reshaping India's Economy

How PM Mudra Loans Are Reshaping India's Economy

Rediff.com16 Apr 2025

By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.

Air India fires trainer pilot, grounds 10 others trained by him

Air India fires trainer pilot, grounds 10 others trained by him

Rediff.com5 Mar 2025

Air India has terminated the services of a trainer pilot for lapses during simulator training. Ten pilots who underwent training under the trainer pilot have been removed from flying duties pending investigation. The action follows a whistleblower complaint alleging that the trainer pilot failed to properly discharge his duties. Air India conducted a detailed probe and corroborated the allegations. The airline voluntarily reported the matter to the Directorate General of Civil Aviation (DGCA) and commended the whistleblower for coming forward.

'Oracle Was Little Late To Cloud Game'

'Oracle Was Little Late To Cloud Game'

Rediff.com26 Feb 2025

'We also realised that locking customers to our Cloud was not fair to them.'

US Supreme Court rejects Tahawwur Rana's plea to stay extradition

US Supreme Court rejects Tahawwur Rana's plea to stay extradition

Rediff.com7 Apr 2025

The US Supreme Court has denied the application of Tahawwur Rana, a Canadian national of Pakistani origin accused in the 2008 Mumbai terror attacks, seeking a stay on his extradition to India. Rana, currently detained in Los Angeles, had submitted the application after Associate Justice Elena Kagan initially denied it. Despite a renewed appeal, the Supreme Court ultimately rejected the request.

IndusInd Bank Officials Face Insider Trading Probe

IndusInd Bank Officials Face Insider Trading Probe

Rediff.com28 Mar 2025

The sales of company shares by 5 senior executives have come under scrutiny as IndusInd shares declined over 30 per cent due to losses incurred by from its derivatives exposure.

Reits climb the office ladder even as valuations keep rungs in place

Reits climb the office ladder even as valuations keep rungs in place

Rediff.com31 Mar 2025

Even as concerns grow over the residential real estate market reaching its peak, the outlook for office real estate remains strong, with listed real estate investment trusts (Reits) standing to benefit from sustained demand in the segment.

BJP Concedes AIADMK Demands In Eagerness For Alliance

BJP Concedes AIADMK Demands In Eagerness For Alliance

Rediff.com26 Mar 2025

EPS has had its way on most things, alliance-wise. A week earlier, he reiterated that he would not re-admit OPS and Sasikala Natarajan back in the party. It was a message not just to detractors in the AIADMK. It was even more so for the BJP leadership in Delhi. Even more important for the AIADMK was their demand for accepting EPS as the chief ministerial candidate of any alliance that the party would form, observes N Sathiya Moorthy.

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Elon Musk Takes Centrestage At Trump's Cabinet Meet

Rediff.com27 Feb 2025

Donald Trump held his first cabinet meeting of his second term, featuring a controversial appearance by Elon Musk, who stood wearing a "tech support" T-shirt.

Mysuru layoffs: Infosys denies using force, intimidation tactics

Mysuru layoffs: Infosys denies using force, intimidation tactics

Rediff.com19 Feb 2025

IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, chief human resources officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure.