Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
Fresher hiring, which has been subdued as Indian information technology (IT) services firms scaled back their recruitment, is set for a turnaround. The IT sector's fresher hiring is expected to rise by 20-25 per cent for 2024-25 (FY25). Additionally, the global capability centres are projected to boost their fresher hiring by 40 per cent compared to last year, according to a TeamLease Digital analysis.
Two unions representing Air India pilots have asked members not to accept the revised compensation and employment offer, calling the company's proposals "unfair labour practices." They said any coercion on pilots to sign the offer would lead to industrial unrest. The Tata group airline announced on Monday a new salary structure for pilots and cabin crew.
The IT sector's fresher hiring is expected to rise by 20% to 25% for 2024-2025. The increase in hiring is driven by a focus on specialised skills catering to segments like AI, machine learning and data analytics.
'Studying was never an important part of our life, surviving was.'
A growing preference for convenience products and hybrid media consumption, and a surge in digital engagement have led to a rise in the average basket size for fast-moving consumer goods (FMCG) among rural consumers. The average of the rural FMCG basket saw a 60 per cent rise from 5.8 in 2022 to 9.3 in 2024 as it expanded to include convenience products like ready-to-eat packages and beverages, stated the fifth edition of the Rural Barometer Report, brought out jointly by GroupM and Kantar, which surveyed 4,376 rural adults across 20 states.
The feud between Indian Olympic Association (IOA) president PT Usha and revolting Executive Council members took another ugly turn after a dozen of them shot off a letter to senior IOC official Jerome Poivey accusing the legendary athlete of running the organization in an "autocratic" manner.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Thursday, October 31 is the deadline by which all the franchises are supposed to submit the list of their retained players ahead of the mega auction
rediffGURU Ulhas Joshi answers your mutual fund queries.
Aam Aadmi Party supremo Arvind Kejriwal on Sunday challenged Prime Minister Narendra Modi to provide free electricity in the National Democratic Alliance-ruled states before the Delhi assembly elections, promising to campaign for the saffron party if he fulfills this demand.
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
'Younger employees, who tend to have a higher risk appetite, will find NPS advantageous due to the potential gains from equity markets over time.'
According to CITU, around 90% of the 1,723 workers of the Sriperumbudur plant are participating in the strike. Samsung said it is ready to talk to employees and not a third party like CITU.
Bought back by Kolkata Knight Riders for a whopping Rs 23.75 crore at the IPL mega auction in Jeddah on Sunday, Venkatesh Iyer said he would be "more than happy" to take on the captaincy challenge and step into Shreyas Iyer's shoes.
Nikita said she got married to Subhash on April 26, 2019. She alleged that after marriage her husband and in-laws were dissatisfied with what her parents gave them during the wedding and demanded Rs 10 lakh more.
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.
Labour Minister Mansukh Mandaviya urges state government 'to intervene for an early and amicable resolution for maintaining a positive manufacturing sector ecosystem'.
Rs 135.3 crore. How much of it was salary, and how much commission?
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'The government is saying 88 Hindus have been killed, but it could be much more.' 'Their properties are being looted, their businesses have been ransacked. I am getting distress calls from there.' 'Muslims who believe in the philosophy of Sheikh Mujibur Rahman are also under attack. Most of those who have fled Bangladesh after Sheikh Hasina's fall are Muslims.'
Punit Goenka has resigned as the managing director of Zee Entertainment and has been appointed as CEO to have his focus entirely on operational responsibilities assigned to him by the board of the company. The board has "accepted the resignation of Punit Goenka as managing director of the company and appointed him as CEO," said Zee Entertainment in a regulatory update.
If you lack an emergency fund or it is depleted, use part of your bonus to build or replenish it.
'I don't know what the maths looks like but we're playing good cricket and we want it to continue.'
Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.
They also demanded immediate release of their pending salaries in view of the 'Maha Shivratri' festival, being observed later this week.
Gujarat Titans captain Shubman Gill has decided to take a pay cut and will be the second player retained by the IPL franchise ahead of the October 31 deadline.
'Companies are being forced to pay higher salaries to retain and hire employees due to a big rise in attrition in the industry.'
'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'
Gujarat Titans are set to retain their captain Shubman Gill alongside star spinner Rashid Khan and left-handed batter Sai Sudharsan ahead of the IPL mega auction.
Prime Minister Narendra Modi Friday said the Congress stands 'badly exposed' in front of people for promising to them what the party knows it will never be able to deliver.
'How many jobs will be created when you complete your course?' 'How many people will compete with you?' 'What is the minimum and maximum salary you can expect?' 'Which are the companies that will offer you a job?' 'What skills do you have to develop?' 'How long will it sustain?'
The Indian Premier League governing council revealed changes ahead of the IPL mega auction, which is likely to be scheduled for November.
On Tuesday, September 3, 2024, the Maharashtra ST Kamgar Sanyukt Kruti Samiti called a sudden strike ahead of the Ganpati festival.
These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.
Consistent preparation with the right skillset and good communication skills are important to crack any campus interview, says rediffGURU Professor Suvasish Mukhopadhyay.
More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.
How does the Union Budget 2024-25 impact taxpayers, investors and traders?
The strike by the Maharashtra State Road Transport Corporation (MSRTC) employees for salary hike and other demands entered the second day on Wednesday, which continued to cripple the services and cause inconvenience to lakhs of passengers, especially ahead of the Ganesh festival.
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
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