News for 'job losses'

This edtech firm is using Covid as springboard for growth

This edtech firm is using Covid as springboard for growth

Rediff.com31 Aug 2020

Simplilearn said the pandemic had accelerated demand for skills in areas such as artificial intelligence, cloud computing, data science and cybersecurity.

India vs New Zealand: They'll be tough to beat: Santner

India vs New Zealand: They'll be tough to beat: Santner

Rediff.com19 Oct 2023

New Zealand spinner Mitchell Santner feels assessing the conditions in Dharamsala and countering an in-form Rohit Sharma will be vital as they eye the "tough" task of beating India at home during their World cup clash on Sunday.

P2P Lending: Barking Up The Wrong Tree

P2P Lending: Barking Up The Wrong Tree

Rediff.com24 Jan 2024

P2P platforms do not have the safety net. Instead of playing the role of an intermediary, if they run their own balance sheets for safety and growth, it's a recipe for disaster, warns Tamal Bandyopadhyay.

'FM did nothing to create jobs, reduce inequality'

'FM did nothing to create jobs, reduce inequality'

Rediff.com2 Feb 2021

'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'

Share of youth employment at 5-year high in 2022, shows EPFO data

Share of youth employment at 5-year high in 2022, shows EPFO data

Rediff.com23 Feb 2023

In the jobs created in 2022, the share of those in the age group 18-25 increased to at least a five-year high of 56 per cent. A Business Standard analysis of the monthly Employees' Provident Fund Organisation (EPFO) payroll data shows in 2018 the share of youths among the new EPFO subscribers was 50.9 per cent. The National Statistical Office is releasing the monthly EPFO payroll data since April 2018 as part of the government's effort to track formal-sector employment by using payrolls as an instrument.

Tata Steel investment positive for UK ops, but stock has not moved much

Tata Steel investment positive for UK ops, but stock has not moved much

Rediff.com26 Sep 2023

Tata Steel UK is reformatting its operations in Port Talbot by investing 1.25 billion in an electric arc furnace facility with the UK government contributing 500 million. The project will take around three years to complete, if all the regulatory clearances come through. The facility will use scrap and be classified as green since it will utilise renewable power and cut carbon emissions considerably.

GST Council meet on Dec 31, to discuss rate rationalisation

GST Council meet on Dec 31, to discuss rate rationalisation

Rediff.com29 Dec 2021

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on December 31 and discuss, among other things, report of the panel of state ministers on rate rationalisation. This will be a physical meeting, which will also discuss correction in duty inversion in certain goods. The 46th GST Council meeting will be held on December 31 in Delhi, an official said, adding that it will be an extension to the pre-budget meeting with state finance ministers on December 30. The Group of Ministers (GoM) on rate rationalisation will submit report to the Council.

Top Performers: Afghan duo spin a web, Hardik sizzles

Top Performers: Afghan duo spin a web, Hardik sizzles

Rediff.com6 May 2023

Gujarat Titans put up a dazzling show to hand Rajasthan Royals a crushing 9-wicket defeat at the Sawai Mansingh Stadium in Jaipur.

India's squash trio chase gold in final Asian Games!

India's squash trio chase gold in final Asian Games!

Rediff.com16 Sep 2023

India's golden generation of squash ready for one last dance at Asian Games

'Jadeja-Kuldeep have been game changers for us'

'Jadeja-Kuldeep have been game changers for us'

Rediff.com20 Oct 2023

Shubman Gill hailed India's spin duo of Kuldeep Yadav and Ravindra Jadeja for doing an 'exceptional' job on pitches that have not favoured them in the World Cup.

Byju's sacks 1,000 more; count jumps to 3,500

Byju's sacks 1,000 more; count jumps to 3,500

Rediff.com20 Jun 2023

India's largest edtech firm Byju's will fire 1,000 employees in a fresh round of layoffs across departments. With the latest round, total job cuts at the company have mounted to around 3,500. According to sources, fresh job cuts are an attempt by the company to improve its finances and work towards a path to profitability.

'Had he been insane, he would have shot everyone'

'Had he been insane, he would have shot everyone'

Rediff.com17 Dec 2023

'How was it possible for Singh to have got a government job, and that too one involving the handling of guns, had he been insane?'

Factory output slips in May; sector heading towards stagnation

Factory output slips in May; sector heading towards stagnation

Rediff.com1 Jun 2021

India's manufacturing sector activity witnessed a significant loss of growth momentum in May due to the intensification of the COVID-19 crisis and its detrimental impact on demand, a monthly survey said on Tuesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI), fell to 50.8 in May, down from 55.5 in April, as companies observed the slowest rises in new work and output in ten months amid intensification of the COVID-19 crisis. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.

2nd Covid wave rendered 1 cr Indians jobless

2nd Covid wave rendered 1 cr Indians jobless

Rediff.com31 May 2021

Over 10 million Indians have lost their jobs because of the second wave of COVID-19, and around 97 per cent of households' incomes have declined since the beginning of the pandemic last year, Centre for Monitoring Indian Economy (CMIE) chief executive Mahesh Vyas said on Monday. The unemployment rate measured by the think-tank is expected to come at 12 per cent at the end of May as against 8 per cent in April, Vyas told PTI, adding this signifies that about 10 million or 1 crore Indians have lost jobs in this period. Stating that the main reason for the job losses is "mainly the second wave" of COVID-19 infections, Vyas said, "As the economy opens up, part of the problem will be solved but not entirely."

10 Films: Indian Cinema At Its Best

10 Films: Indian Cinema At Its Best

Rediff.com27 Dec 2023

Aseem Chhabra lists his favorite 2023 films -- a healthy blend of Bollywood, Hindi indies and some of the best work that is being done in Tamil, Malayalam, Kannada and Bengali cinema.

Corona effect: Job offers for IIMs, IITians cancelled

Corona effect: Job offers for IIMs, IITians cancelled

Rediff.com7 Apr 2020

What will happen to the job placement and summer internship plans of India's management and IIT students? Many campuses are stepping in to help students hang on to their placements, in spite of the lockdown.

'I like people who are ballsy'

'I like people who are ballsy'

Rediff.com13 Dec 2023

'I only challenge myself in every way possible and feel that an actor's job is to be universal.'

Pippa Review: More Pipsqueak

Pippa Review: More Pipsqueak

Rediff.com10 Nov 2023

More than the jingoism overkill, it's the tedious tone of telling stories of this genre that hurts Pippa, observes Sukanya Verma.

Prevent lay-offs from affecting your marriage

Prevent lay-offs from affecting your marriage

Rediff.com15 Sep 2009

As people are increasingly losing jobs due to recession, their married lives are hitting a rough patch as well. But you can still pull your married lives together by following some simple tips to reduce the tension.

What Pranab Mukherjee thought about Rahul Gandhi

What Pranab Mukherjee thought about Rahul Gandhi

Rediff.com7 Dec 2023

'If Rahul couldn't persuade his colleagues without resorting to theatrics, then maybe politics wasn't his calling

Lara slams SRH's conservative approach in run chase

Lara slams SRH's conservative approach in run chase

Rediff.com25 Apr 2023

SRH pays the price for being too passive, says Lara

'We are facing a loss of Rs 15,000 crore per day'

'We are facing a loss of Rs 15,000 crore per day'

Rediff.com29 May 2020

'The government has stopped our earnings due to the lockdown and must do something for our earnings to restart.'

Starstruck Nepal players enjoy a slice of Kohli

Starstruck Nepal players enjoy a slice of Kohli

Rediff.com5 Sep 2023

Indian openers batted till the end and one other Indian batter got the opportunity to bat. Paudel was a little disappointed that they did not get the opportunity to ball against Virat Kohli in their Asia Cup match on Monday.

Tata Motors may have to cut investment plans

Tata Motors may have to cut investment plans

Rediff.com22 Jun 2009

If the UK government's help does not come soon, Indian owner Tata Motors will have to cut down its investment plans for Jaguar Land Rover with possible job losses and plant closures, a media report said.

FMCG firms staring at muted revenue growth

FMCG firms staring at muted revenue growth

Rediff.com12 Dec 2022

Sluggish rural demand along with higher inflation is set to mute revenue growth of the fast-moving consumer goods (FMCG) sector at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the previous fiscal, a report said. Almost 40 per cent of the Rs 4.7-lakh-crore sector come from the hinterland markets, which have been hit by high inflation, low wages and high job losses since the Covid pandemic. Revenue growth of the FMCG sector will be muted at 7-9 per cent this fiscal and the next compared to 8.5 per cent in the last, while volume growth will be just about 1-2 per cent, down from 2.5 per cent last fiscal, Crisil said in a report on Monday.

PHOTOS: Shami, Kohli shine as India down NZ to go top

PHOTOS: Shami, Kohli shine as India down NZ to go top

Rediff.com23 Oct 2023

Skipper Rohit Sharma (46) led India's rollicking start but it was Kohli's fourth 50-plus score in five innings that helped to inflict on New Zealand their first defeat of the tournament.

Either way I don't care, says Kerala prof whose hand was chopped off

Either way I don't care, says Kerala prof whose hand was chopped off

Rediff.com12 Jul 2023

Professor T J Joseph, whose right hand was chopped off back in 2010 by alleged activists of now banned Islamic outfit Popular Front of India (PFI), still bears no ill-will against his attackers whose actions not only impaired the functioning of his palm, but also led to him losing his job for a while that in turn resulted in his wife's suicide.

How Your Workplace Will Change in 2023

How Your Workplace Will Change in 2023

Rediff.com21 Dec 2022

As employers eye quality talent, employees will enjoy an upper hand in demanding high pay, better benefits, remote work options and other perks, predicts Navneet Singh, CEO, Avsar, a talent management firm.

How To Handle Money Issues After Layoffs

How To Handle Money Issues After Layoffs

Rediff.com7 Jun 2023

Begin by creating a household budget. Involve all family members in the exercise and cut costs wherever possible.

India vs Bangladesh: Another century on the cards for Rohit?

India vs Bangladesh: Another century on the cards for Rohit?

Rediff.com18 Oct 2023

Bangladesh have beaten India three times in the last four ODIs -- twice in a bilateral series in December 2022 and then in the Asia Cup.

'Most pleasing was to see Devon, Rachin react to what was being bowled'

'Most pleasing was to see Devon, Rachin react to what was being bowled'

Rediff.com5 Oct 2023

New Zealand's stand-in captain Tom Latham was delighted to have found a new hero in ton-up Rachin Ravindra as they began their World Cup campaign, obliterating champions England by 9 wickets in Ahmedabad on Thursday.

When Akshay Kumar ditched lucrative IPL contract

When Akshay Kumar ditched lucrative IPL contract

Rediff.com16 Aug 2023

Book reveals how Akshay Kumar terminated his own contract to save IPL team from incurring loss

Covid curbs push Airports Authority into loss for first time

Covid curbs push Airports Authority into loss for first time

Rediff.com19 Sep 2020

To counter the pandemic, air transport was suspended from March 25 till May 24 which rendered zero traffic at AAI airports. Even after resumption of flights, traffic is yet to pick up at airports due to quarantine measures implemented by states and an overall fear of flying.

Ask rediffGURU: 'Will my wife face tax issues if...?'

Ask rediffGURU: 'Will my wife face tax issues if...?'

Rediff.com5 Sep 2023

rediffGURU Mihir Tanna answers your income tax queries.

Punjab will accord martyr status to Agniveer Amritpal Singh: CM Mann

Punjab will accord martyr status to Agniveer Amritpal Singh: CM Mann

Rediff.com16 Oct 2023

Mann, who visited the Amritpal Singh's house in Kotli Kalan village in Mansa district on Monday, handed over a cheque of Rs 1 crore as compensation to his family, according to an official statement.

Maratha Quota Row: Not An Easy Puzzle To Solve

Maratha Quota Row: Not An Easy Puzzle To Solve

Rediff.com18 Nov 2023

The BJP cannot afford to alienate the OBCs, who have explicitly voiced their opposition to the Maratha quota.

Soumitra Chatterjee and the inheritance of loss

Soumitra Chatterjee and the inheritance of loss

Rediff.com17 Nov 2020

The passing of Satyajit Ray's renaissance man feels like the snapping of the last connection with a generation that built a nation and defined grace while facing everything life had to throw at them, says Sumit Bhattacharya.

Why HDFC Bank Is On A Hiring Spree

Why HDFC Bank Is On A Hiring Spree

Rediff.com15 Nov 2023

Between March 2022 and September 2023, HDFC Bank added 56,310 employees.

Oct 28: Trade unions to stage nation-wide protests

Oct 28: Trade unions to stage nation-wide protests

Rediff.com14 Sep 2009

The trade unions would jointly carry out demonstrations, sit-ins and other forms of protests on October 28 to focus on the government's economic policies which were leading to job losses and hiking the prices of essential commodities.

India to attack 'protectionist policies': Pranab

India to attack 'protectionist policies': Pranab

Rediff.com16 Mar 2009

As the problem of job losses in the domestic economy continues to grow, Prime Minister Manmohan Singh will again take up the issue of "protectionist policies" by advanced countries during his G-20 tour. The Union government feels that these policies will add to the massive job losses in the country, especially in labour intensive sectors engaged in exports.