GM cites global pandemic as reason for the step. Firm had stopped selling cars in India in 2017 and stopped production completely on December 24, 2020.
Proactive measures adopted by BMC reduced COVID-19 growth rate to 4.3 per cent in May 2020 & further to 1.02 per cent in June. These measures also ensured an improved case doubling time to 43 days in May 2020 and 78 days in June 2020.
Pawan Ruia has finally done it, a beaming Buddhadeb Bhattacharjee, then West Bengal chief minister, had said at the reopening of the 70-year-old Sahagunj factory owned by Dunlop in 2005. But with the Calcutta high court passing a winding-up order in 2013 and the Trinamool Congress-led state government passing a Bill to take over the company in 2016, the once-upon-a-time undisputed leader in the Indian tyre industry looks vastly undone. But that can hardly be a deterrent for Ruia, who has a penchant for making headlines one way or the other.
On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.
In a placatory move, the labour ministry also said it was contemplating permitting withdrawal of all accumulations by Employees' Provident Fund Organisation's subscribers on grounds like purchase of house, serious illness, marriage and professional education of children.
As pay levels rise in traditional factory-floor nations, Bangladesh stands as a last outpost of cheap labour.
For the past 15 days, workers at the Hero factory have been wearing black arm-bands and abstaining from tea within the premises.
Prasanna D Zore/Rediff.com reveals how the BMC has contained the spread of COVID-19 in Dharavi, India's largest slum, which WHO wants to know more about.
Even as the industrial cycle has ground to a halt during the 21-day lockdown, the industry has been hit hard by foreign orders from major clients in the US and Europe being cancelled. Also, a sudden lack of labour has crippled the sector because of a mass exodus of workers from industrial units to the hinterland.
'Last time we waited for the situation to get better but ultimately had to go back home anyway'
A day after opposition parties, including the Congress launched a scathing attack against the Union government and the railways for charging money from migrants for the travel, sources in the railways said the national transporter is spending around Rs 80 lakh per service for the special trains, and it has run 67 such trains carrying around 67,000 stranded migrants since May 1--- incurring an expenditure of over Rs 50 crore.
Apart from this, employers may be allowed to deduct EPF contributions only on the basic pay of up to Rs 15,000, even if the employees' basic pay is above this ceiling. While on one hand this will allow companies to lower their wage bills, employees can also get a higher salary in hand.
Here's this week of photos that prove we live in a mad world.
The country's textile industry is concentrated in a few pockets of Gujarat and Maharashtra in the west and Tamil Nadu and Karnataka in the south.
The intensity of power crisis this season has hit a new high with average coal stock dipping to less than eight days. The first of a pan-Indian series, based on a ground report, shows how the Manesar industrial hub is coping with the challenge. As the scorching heat wave and the lengthy power cuts intensify in Haryana, the usually bustling labour chowk of the Industrial Model Township (IMT) of Manesar wears a deserted look.
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
Prime Minister Narendra Modi on Tuesday accused the previous governments in Uttar Pradesh of letting poverty and the mafia take over the state's eastern part, saying that the Bharatiya Janata Party government is now writing a new chapter of development there.
Around 81 per cent of the workers constitute the unorganised sector - devoid of any social security cover and outside the purview of a complex set of labour laws.
Jugdesh, 22, and other employees at the factory situated in the Korangi industrial area in Karachi were discussing some religious issue and he made some remarks about the Prophet that were considered offensive by the other men. His remarks angered the Muslim workers who beat him to death, police said.Police officer Farukh Bashir said that approximately 4,000 people gathered at the site of the incident, creating a law and order problem.
In one of the worst fire tragedies in Tamil Nadu, 54 persons were charred to death and 50 others injured on Wednesday when a devastating blaze swept through a cracker factory complex at nearby Mudhalipatti.
Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.
Will it trigger a social and management revolution as well, asks Ajit Balakrishnan.
State labour minister Purnendu Bose told PTI that the management did not turn up at the tripartite on Tuesday, but sought a bipartite meeting with the government.
'Is it not deplorable that even after 75 years of independence, there are people in our society who have been denied freedom?'
Modi will address a rally to boost BJP candidate Smriti Irani's chances.
'Let us all keep calm and face this medical emergency unitedly.' 'Our top priority is to fight the pandemic and win this war.'
Labour law changes for three years may not be enough as it takes a couple of years for factories to build and operations at a proper scale start only in the third or fourth year.
Six migrant workers were killed and 95 others injured in separate road accidents in Uttar Pradesh when they were returning home during the ongoing lockdown to combat the coronavirus outbreak, the police said on Friday. The accidents have taken place in Barabanki, Jalaun, Bahraich and Mahoba districts since Thursday evening, they said.
Firm sticks to guns while the staff looks at 'sterner' measures.
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories.
With projections suggesting the number of cases in the city will touch 75,000 by the end of May, civic authorities are working overtime to add to the number of beds.
Workers' representatives largely giving in on good conduct bond; want revocation of most dismissals, suspensions.
Four persons, including a Pakistani terrorist and his accomplice, were killed in a gunfight in Hyderpora locality of Srinagar late Monday evening. The dead also included the house owner and a doctor, whom police dubbed as 'terror associates'.
For Make in India's success, Modi govt msut remove policy paralysis.
After having sustained huge losses due to a spate of violent protests by workers since 2011, the company is putting in place measures to prevent a repeat.
The DMK's campaign appeared to be the most visible with propaganda at a feverish pace across the segment for the April 6 assembly polls and Stalin is the party's chief minister candidate.
Dismissing as baseless Kitex group chairman Sabu Jacob's allegation that the atmosphere in Kerala is not industry-friendly, state Industries Minister P Rajeev on Wednesday said his government stands for "responsible investment" and the southern state would be made a destination of such investments in few years. In an exclusive interview to PTI, Rajeev said the focus of the government is to attract green industries and IT-based industries in Kerala as land scarcity and environmental issues associated with it have been a problem in the state. "We are always taking a stand in favour of investment, in favour of industries. But our need is that--investment should be responsible. We stand for responsible investment," said Rajeev, who represents Kalamassery-an industrial hub in Kerala--in the state Assembly. Elaborating on responsible investment, the minister said it is a strategy and practice to incorporate environmental, social and governance (ESG) factors in investment decisions.
Getting the first tyres out from the Sahaganj plant will still require a lot of effort, but with the state government on its side, the hopes are high.
Over 18 crore workers are expected to participate making this a much bigger strike than last year.
PMI increased from 52.0 in August to 56.8 in September -- highest since January 2012.