IT services major Wipro on Friday said it will give wage hikes to junior employees with effect from September 1, 2021. "Wipro Limited will initiate merit salary increases (MSI) for all eligible employees up to Band B3 (assistant manager and below), effective September 1, 2021. "In January 2021, the company had announced salary hikes for eligible employees in these bands, who form 80 per cent of the company's workforce - this is the second hike in this calendar year," Wipro said in a statement. As announced earlier, all eligible employees above band C1 (managers and above) will receive pay hikes effective June 1, it added.
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The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
The opposition parties and some former CECs had opposed the move, saying it will go against the independence of the institution.
He has been sent to the ED custody till April 18 by the court, they said.
The top court asked the Centre to file a compliance report within four weeks on payment of salaries and quarantine facilities to doctors and healthcare workers and warned that non-compliance would be viewed seriously.
For now, Bounce, Shuttl, Fab Hotels, Instamojo, Zomato, Curefit, and HealthifyMe, among others, are going for salary deductions. Most of the consumer internet start-ups, besides those who are in the grocery delivery, education tech, and video conferencing business, would ultimately lay-off people and cut back salaries.
'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period.'
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Sucharita Mohanty, the daughter of former Congress MP Brajamohan Mohanty, in a mail to Venugopal on Friday claimed that her campaign was hit hard because the party denied her funding.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
After Shane Watson turned down the offer, the Pakistan Cricket Board (PCB) is in contact with several foreign coaches, including Justin Langer and Gary Kirsten, to work with the national team as head coach on a long-term contract.
Rediff reader Sangeeta Joshi, 49 from Jalgaon shares her story:
The argument with Nehru happened when Bachchan translated the president's speech in English into Hindi, which in accordance with regular practice was to be delivered by the vice president.
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Lower-paid IPL players, domestic or foreign, should be able to try their luck in other T20 tournaments.
Jaydev Unadkat will donate 10 percent of his IPL salary to help COVID-19 patients
Rediff reader Milon Kumar Sanyal, 72 from Kolkata tells us what he did with his first salary.
However, where the directors' remuneration is in the nature of professional fees and not salary, GST will be levied on a reverse charge basis.
rediffGURU Sunil Lala answers your personal finance-related queries.
If Indian companies were people, around 20 per cent of the listed space would be individuals whose salaries don't cover their loan instalments.
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HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
'On May 21 we started our final summit attempt at 5 pm. On May 22 at 4.10 am we summited Everest.'
rediffGURU Ulhas Joshi answers your personal finance and mutual fund queries.
'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.
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In a major relief to 25,753 teachers and non-teaching staff of West Bengal, the Supreme Court on Tuesday stayed the order of the Calcutta high court order invalidating their appointment made by the state's School Service Commission (SSC) in the state-run and state-aided schools.
Some of the top cricketers are contemplating terminating their central contracts with the Pakistan Cricket Board after some were refused NOCs to go and play in foreign T20 leagues.
While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.
Rediff reader Eakanath Bandu Lote, 40 from Mumbai tells us how much his life has changed since his first salary.
Rediff reader Deepika Pattnaik tells us how she felt while receiving her first salary.
Rs 111,294 crore has been allocated for army salaries. The Rs 113,278 crore allocated for army pensions surpasses that. Army planners are worried about this drain on funds that could otherwise go towards equipment modernisation.
Rediff reader Mrunal Samant, 33 reveals why her first job and salary will always be special.
Rediff reader Kapil Mohan from Delhi tells us how he got his first job and salary.
Rediff reader Someshwar Shinde reveals how he landed his first job.
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Wipro's new CEO Srinivas Pallia will receive an annual remuneration of up to $6 million (about Rs 50 crore), according to a regulatory filing by the Bengaluru-headquartered IT company. Earlier in April, Wipro announced the appointment of Pallia as its new CEO and MD, following the sudden resignation of Thierry Delaporte. Delaporte's annual salary of over Rs 80 crore at Wipro had made headlines last year.
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