News for 'job losses'

'We talk about India in every board meeting'

'We talk about India in every board meeting'

Rediff.com23 May 2023

'India has a lot of potential, not just in commercial aspects, but also in hiring of people and sourcing of products.'

Trump triumphs in Iowa caucuses, heads for Biden rematch

Trump triumphs in Iowa caucuses, heads for Biden rematch

Rediff.com16 Jan 2024

Trump's victory in his first election since his unusual exit in 2020 has also laid to rest any lingering questions about his hold over the GOP and the potency of his right-wing message.

Downgrades may pressure Voltas stock, quality control norms could impact sales

Downgrades may pressure Voltas stock, quality control norms could impact sales

Rediff.com2 Nov 2023

In the July to September quarter of 2023-24 (Q2FY24), Voltas' revenues grew by 29.7 per cent year-on-year (Y-o-Y), but the adjusted net profit was down by 63 per cent Y-o-Y. The revenues hit Rs 2,290 crore, led by growth in the Unitary Cooling Products segment (up 15.4 per cent Y-o-Y, and in the EMP (Electromechanical project) business (up 66.8 per cent Y-o-Y). The UCP revenue rose to Rs 1,200 crore in Q2FY24, driven by volume growth despite weak consumer spending - the three-year annual growth is 18 per cent.

Police given a free hand to act against poll violence, says Mamata

Police given a free hand to act against poll violence, says Mamata

Rediff.com12 Jul 2023

West Bengal Chief Minister Mamata Banerjee on Wednesday said she is saddened at the loss of lives in "sporadic" incidents of violence during the panchayat elections.

Poll Schedule Works Against First Phase Contestants

Poll Schedule Works Against First Phase Contestants

Rediff.com9 Apr 2024

Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.

Why we should avoid a fresh lockdown

Why we should avoid a fresh lockdown

Rediff.com7 Apr 2021

'The cost of the lockdown so far is the loss of about 11 million jobs.' 'It is important that a fresh lockdown does not make this worse,' asserts Mahesh Vyas.

China sees rare protest against Xi, rigid Covid policy but govt says no rollback

China sees rare protest against Xi, rigid Covid policy but govt says no rollback

Rediff.com13 Oct 2022

Photos circulating in social media on Thursday showed two banners hung on an overpass of a major thoroughfare in the northwest of the Chinese capital, protesting against Xi's unpopular zero-COVID policy and authoritarian rule.

Train firing victim's kin protest outside hospital, refuse to accept body

Train firing victim's kin protest outside hospital, refuse to accept body

Rediff.com31 Jul 2023

The Western Railway tonight said it has digitally transferred Rs 10 lakh in the savings bank account of the victim's wife.

'I have danced with Sushmita Sen!'

'I have danced with Sushmita Sen!'

Rediff.com8 Feb 2024

'She got really close, and I was like, oh Miss Universe and me dancing!'

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.

Why Indian hockey team is aiming for gold at Asiad

Why Indian hockey team is aiming for gold at Asiad

Rediff.com30 Jun 2023

The star goalkeeper said Indian women's hockey has grown by leaps and bounds, offering financial independence to its players.

'I haven't been working on my bowling at all!'

'I haven't been working on my bowling at all!'

Rediff.com30 Jun 2023

'He could be a huge loss. However we've got Todd Murphy waiting in the wings. He's been bowling beautifully in the nets.'

'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.'

Aus Open PIX: Djokovic survives Popyrin scare; Sabalenka cruises; Wozniacki, Jabeur exit

Aus Open PIX: Djokovic survives Popyrin scare; Sabalenka cruises; Wozniacki, Jabeur exit

Rediff.com17 Jan 2024

Images from Day 4 of the 2024 Australian Open in Melbourne on Wednesday.

Planning For Higher Pension Under EPS?

Planning For Higher Pension Under EPS?

Rediff.com26 May 2023

Remember, pension from EPS will be taxable at slab rate, reducing the post-tax income for people who remain in the higher tax brackets after retirement.

PHOTOS: Root ton brings Eng back from brink on Day 1

PHOTOS: Root ton brings Eng back from brink on Day 1

Rediff.com23 Feb 2024

IMAGES from Day 1 of the 4th Test played between India and England in Ranchi on Friday.

Smith shouldn't lead Australia again: Watson

Smith shouldn't lead Australia again: Watson

Rediff.com21 Mar 2023

Steve Smith shouldn't captain Australia again as the original skipper Pat Cummins is doing a great job, said former all-rounder Shane Watson.

Sensex tanks 505 points on profit booking

Sensex tanks 505 points on profit booking

Rediff.com7 Jul 2023

Among major Sensex shares, PowerGrid fell the most by 2.76 per cent. IndusInd Bank dropped 2.34 per cent, HUL by 2.23 per cent and NTPC by 2.04 per cent. ICICI Bank, HDFC Bank, HDFC, ITC, Infosys, L&T, Bajaj Finance, Kotak Bank, HCL Tech and Tech Mahindra were among the losers. On the other hand, Tata Motors rose the most by 2.94 per cent, followed by Titan which gained 1.26 per cent. Mahindra & Mahindra, SBI and TCS were also among gainers.

'India's Cheetah project on track, but that doesn't mean...'

'India's Cheetah project on track, but that doesn't mean...'

Rediff.com17 Sep 2023

'At the moment, there are no challenges to the Cheetah Project. If there are any challenges in the future, these will be addressed as we go forward'

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.

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.

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."

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.

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.

The Politics Of The Bharat Ratna

The Politics Of The Bharat Ratna

Rediff.com6 Feb 2024

Most politicians and even non-politicians have been honoured because of what they were purported to be electorally worth for the ruling party of their time, argues N Sathiya Moorthy.

World Cup: 'This Afghan side can beat any team'

World Cup: 'This Afghan side can beat any team'

Rediff.com14 Oct 2023

Afghanistan coach Jonathan Trott asserted on Saturday his side has what it takes to beat any team in the ongoing World Cup, taking in his stride the two defeats so far in the tournament.

'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.'

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.

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.

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.

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.

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.

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.

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

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.

'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.

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.

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.

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