News for 'revenue protection'

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Fadnavis gets home, finance; BJP bags key portfolios in Maha cabinet

Rediff.com14 Aug 2022

Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Airlines cut wages, re-negotiate contracts to tide over Covid-19 crisis

Rediff.com3 Jun 2021

Airlines are slashing salaries and re-negotiating vendor contracts as drastic fall in passengers has hurt revenue. Go First has cut staff salaries by around 16 per cent while IndiGo and SpiceJet are enforcing a leave without pay (LWP) policy and pay by the hour structure respectively to prune expenses. Vistara, which reversed pay cuts for junior staff including managers and cabin crew in March, is not touching employee salaries at the moment and instead focusing on vendor renegotiation and maximising cargo revenue. An Air India executive said efforts are on to pay salaries by 7th or 8th of June.

Why TN Has Challenged NEET in Supreme Court

Why TN Has Challenged NEET in Supreme Court

Rediff.com22 Feb 2023

As the petition points out, new medical colleges entail adjunct government hospitals, thus making specialised medical care that much more accessible to the vast majority of population that otherwise could not afford high-cost medical care in the private sector, N Sathiya Moorthy points out.

HUL Q1 net up 10.7% at Rs 2,100 crore

HUL Q1 net up 10.7% at Rs 2,100 crore

Rediff.com22 Jul 2021

FMCG major Hindustan Unilever Ltd on Thursday reported a 10.7 per cent increase in its consolidated net profit at Rs 2,100 crore for the first quarter ended June, 2021 led by a volume-based growth despite challenging circumstances due to the second wave of the pandemic. The company had posted a net profit of Rs 1,897 crore in the April-June quarter of the previous fiscal. Net sales during the quarter under review stood at Rs 11,996 crore, up 13.49 per cent, as against Rs 10,570 crore in the corresponding period a year ago, Hindustan Unilever Ltd (HUL) said in a regulatory filing.

Budget 2021: No evidence of an economic strategy

Budget 2021: No evidence of an economic strategy

Rediff.com15 Feb 2021

There are several welcome standalone reforms, but these do not add up to a coherent strategy to achieve a $5 trillion economy or secure Aatmanirbharta, observes Rathin Roy.

Say No To Cookies From Strangers

Say No To Cookies From Strangers

Rediff.com15 Jun 2022

Mothers' advice from 50 years ago reappears, notes Ajit Balakrishnan.

FMCG companies' stand against paper straws fizzles out

FMCG companies' stand against paper straws fizzles out

Rediff.com12 May 2022

The six billion plastic straws sold with every small tetra pack of juice, milk, lassi, coffee and other drinks can be replaced by paper straws to protect the environment but it will have to be done in phases. That was the message of the presentation made by FMCG companies using small tetra packs last week by their body, the Action Alliance for Recycling Beverage Cartons. The association told the Environment Ministry that companies need 18 months from the ministry's deadline of July 1 - when the ban on the use of single plastics for straws, plates and spoons comes into effect - to make the transition.

The Mystery of Narayana Murthy's Retail Biz

The Mystery of Narayana Murthy's Retail Biz

Rediff.com2 Sep 2021

In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.

PSU telcos too hit with demand to pay AGR dues

PSU telcos too hit with demand to pay AGR dues

Rediff.com16 Feb 2020

Oil India and other PSUs had filed clarificatory /modificatory petition before the Supreme Court. These companies own and operate telecom networks though they do not provide telecom services.

Another lion dies of Covid-19 at Chennai zoo

Another lion dies of Covid-19 at Chennai zoo

Rediff.com16 Jun 2021

An Asiatic male lion being treated for Covid-19 succumbed on Wednesday, becoming the second carnivore to fall victim to the virus at the zoo near Chennai in two weeks, the first being a lioness.

Salary cuts in Q1 will be drag on economic recovery: Report

Salary cuts in Q1 will be drag on economic recovery: Report

Rediff.com8 Sep 2021

India Inc resorted to salary cuts to protect their profits in the June quarter, as revenues came under pressure due to the second pandemic wave that affected nearly the entire country, a report said on Wednesday. The "weak" wage growth will prove to be a drag on the overall economic recovery in the medium term as it will affect household consumption, the report by India Ratings and Research said. An environment of pandemic-led uncertainty and elevated inflation could impact the level of spending and hence the overall demand, it said.

Premier League matches could be on free to air TV

Premier League matches could be on free to air TV

Rediff.com23 Apr 2020

Any league restart would see matches played in front of empty stands.

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projected

Rediff.com18 Feb 2022

Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

Are You At Risk Of LOSING Your JOB?

Are You At Risk Of LOSING Your JOB?

Rediff.com11 Jul 2022

Remember, the security of your job primarily depends on two major factors -- how relevant you are for the organisation and how the organisation is aligned to its stakeholders (investors, clients and employees)

E-commerce rules to get stricter; flash sales may soon be history

E-commerce rules to get stricter; flash sales may soon be history

Rediff.com21 Jun 2021

The Centre on Monday proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 and sought public comments on banning mis-selling and fraudulent flash sale of goods and services on e-commerce platforms, and also on making registration of these entities mandatory with DPIIT. Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed. The Consumer Protection (E-Commerce) Rules, 2020 were first notified in July last year.

As India learns to 'live' with COVID-19, hospitals brace for new normal

As India learns to 'live' with COVID-19, hospitals brace for new normal

Rediff.com12 May 2020

Most feel as the movement of people normalises, the in-patient volumes in hospitals will grow and by the end of May, occupancy should be around 50 per cent, and 75 per cent over a period of time.

Patanjali to invest Rs 1,150 cr in FY17, eyes doubling revenue

Patanjali to invest Rs 1,150 cr in FY17, eyes doubling revenue

Rediff.com26 Apr 2016

Patanjali Ayurved is also looking at entering the highly competitive dairy segment this year.

'Most countries won't forgive deaths of children'

'Most countries won't forgive deaths of children'

Rediff.com22 Nov 2022

'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'

Restaurants' staff say will seek pay hike, fear tips may dwindle

Restaurants' staff say will seek pay hike, fear tips may dwindle

Rediff.com6 Jul 2022

With hotels and restaurants being barred from levying service charge, waiters, chefs and other workers are worried they will lose out on money and are planning to approach managements to seek a pay raise. They are also apprehensive that tips given by customers out of goodwill will dwindle. Uttarakhand-native Prakash Singh Koranga, 27, a chef who works at an outlet of popular franchise Moti Mahal Deluxe restaurant in south Delhi, said service charge which gets proportionally divided among the staff acts as an "extra income" and "incentive to give our best at the job".

10 Most Relevant Job Skills For 2023

10 Most Relevant Job Skills For 2023

Rediff.com2 Jan 2023

Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.

When will Modi cut high taxes on fuels?

When will Modi cut high taxes on fuels?

Rediff.com24 Feb 2021

The logic of deregulation was that the consumer was protected no matter what the price of crude. But now the reverse has happened. The government is protected no matter what the price of crude, observes Aakar Patel.

In Godhra, Hindutva and Modi still key factors, but corruption an issue too

In Godhra, Hindutva and Modi still key factors, but corruption an issue too

Rediff.com26 Nov 2022

Twenty years after the burning of a train in Godhra killed 59 'karsevaks' and triggered one of India's worst post-Partition riots, the poll-scape reflects the yawning gulf between the two communities.

Govt considers regulating air-ticket prices after lockdown

Govt considers regulating air-ticket prices after lockdown

Rediff.com29 May 2020

The move if implemented, will be a temporary measure to protect both consumers and airlines. A section of airline executives and experts, however, warned that any intervention in pricing would be counterproductive.

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Kerala governor reads out criticism of Centre in House address as Oppn cries foul

Rediff.com18 Feb 2022

Amid the opposition UDF's sloganeering against him, Kerala Governor Arif Mohammed Khan on Friday delivered the customary address to the assembly with the policy document outlining the Left government's administrative achievements and criticising the Centre for allegedly pushing the state to financial constraints by reducing its resource allocations.

Sri Lanka declares emergency amidst protests over economic crisis

Sri Lanka declares emergency amidst protests over economic crisis

Rediff.com2 Apr 2022

Sri Lanka has also imposed a police curfew in Western Province for six hours.

Outstanding dues: Jio pays about Rs 10,700 cr to DoT

Outstanding dues: Jio pays about Rs 10,700 cr to DoT

Rediff.com28 Oct 2021

Reliance Jio has paid about Rs 10,700 crore to the telecom department towards outstanding amount for spectrum acquired in 2016 auction, sources said. The payment was made by Jio last week, sources added. With this, the company has made full payment with regard to spectrum bought in 2016 auction, and the outstandings now pertain to 2014, 2015 and 2021 auction.

Should there be a calamity levy?

Should there be a calamity levy?

Rediff.com5 Oct 2018

Experts have flagged issues regarding the levying of new cess/tax, especially those related to complications in administering the cess.

PM to visit Serum Institute on Nov 28 to take stock of 'Covishield'

PM to visit Serum Institute on Nov 28 to take stock of 'Covishield'

Rediff.com27 Nov 2020

On Tuesday, Rao said there was a possibility of the PM's visit to Pune, and if that happens, it would be aimed at reviewing the status of the vaccine candidate for coronavirus infection and to know about its launch, production and distribution mechanisms.

Indian monuments: Not mere buildings but a symbol of our culture

Indian monuments: Not mere buildings but a symbol of our culture

Rediff.com15 Dec 2017

Rediff labs analyses the number of visitors to centrally protected monuments in India and how much the revenue it generates for the government through the tickets to see these monuments.

31 ministers join Nitish govt, RJD gets lion's share

31 ministers join Nitish govt, RJD gets lion's share

Rediff.com17 Aug 2022

The new cabinet, predictably, has a sizeable number of Yadavs and Muslims, though members of other sections of the society also find a place.

DoT mulls withdrawing cases against telcos

DoT mulls withdrawing cases against telcos

Rediff.com5 Oct 2021

The government is considering withdrawing legal cases against telecom companies, involving disputes of about Rs 40,000 crore, a source said on Tuesday. In line with this, the Department of Telecom has already filed an affidavit before the Supreme Court in a case against Anil Ambani-promoted Reliance Communications to take an informed decision whether to proceed with the present appeal or not, the source said. DoT has said the telecom sector is passing through a financial stress due to various circumstances and telecom services providers are making losses.

ITC launches 70 products in non-cigarettes FMCG space

ITC launches 70 products in non-cigarettes FMCG space

Rediff.com10 Nov 2020

The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience, which were in high demand as Covid -19 raged across the world.

'OPS is standing alone as an orphan'

'OPS is standing alone as an orphan'

Rediff.com11 Jul 2022

'OPS is the first person in history to ransack his own party office.'

Don't Underestimate Indian Voters!

Don't Underestimate Indian Voters!

Rediff.com17 Oct 2022

Voters can be relied on to punish a party which makes reckless promises without actually implementing them, asserts Virendra Kapoor.

5 Reasons You Are NOT Getting HIRED

5 Reasons You Are NOT Getting HIRED

Rediff.com2 May 2022

If your resume does not shine your strengths, passion and dedication, you will never cut through the competition to make it to the top, notes Sarita Digumarti, chief learning officer, UNext Learning.

Indian airlines brave Covid turbulence

Indian airlines brave Covid turbulence

Rediff.com21 Jun 2021

Though India's airlines are certainly bleeding, they haven't yet faced the ignominy of shutting down.

'The concept of 'One Infosys' will be crucial'

'The concept of 'One Infosys' will be crucial'

Rediff.com24 Jun 2022

'We spent considerable time re-skilling all the employees, and then we created a new focus called the 'One Infosys'.'

Modi Must Fix His Problems With The States

Modi Must Fix His Problems With The States

Rediff.com5 Oct 2021

Given the many policy areas where the Centre and the states have not been seeing eye to eye in the last few years, it is time the Modi government convenes a meeting of the Inter-State Council, recommends A K Bhattacharya.

VIL to opt for 4-year moratorium on spectrum payments

VIL to opt for 4-year moratorium on spectrum payments

Rediff.com20 Oct 2021

Vodafone Idea on Wednesday said its board has approved availing the four-year spectrum payment moratorium being offered by the government as part of its relief package for the telecom sector. The other options offered in the Telecom Department's notification will be considered by the board of directors within the stipulated timeframe, it said in a regulatory filing. "...we wish to inform you that the Board of Directors of the company has approved the exercise of the option of deferment of the company's spectrum auction instalments for a period of 4 years (October 2021 to September 2025) in accordance with ...the notification dated 14 October 2021 issued by the Department of Telecommunications (DoT) to the company," it said.