'There is uncertainty regarding job opportunities for our children after they serve for just four years under the Agnipath scheme.'
Infosys has reportedly decided to defer salary hikes for all its employees below the senior management level that are otherwise rolled out from April every year. According to a Moneycontrol report, multiple employees have confirmed that they have not received their pay hike due for the June quarter.
Rediff readers tell us what their first salary was and what it meant to them at the time.
Cricketer-turned-politician Gautam Gambhir on Thursday said he will contribute his two years' salary as an MP to the Prime Minister-CARES fund to tackle the coronavirus pandemic sweeping through the country. The BJP's Lok Sabha member from East Delhi made the announcement on his Twitter page, urging people to come forward and donate generously.
The next government in these states may find it tough to push economic growth through long-term reforms, which would be necessary.
The BCCI is working towards redrafting the salary structure of the Test players in such a way that they get an additional reward apart from the annual retainer contract if they feature in all Test series in the year.
Hari Krishnan Nair from Chennai shares his inspiring story.
Mid and small companies are more generous in rewarding their CEOs as compared to their larger peers.
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
The Pakistan Cricket Board (PCB) on Thursday terminated the central contract of fast bowler Haris Rauf in a disciplinary action for pulling out of the recent Test series in Australia.
Both parties will discuss the issues and there will be a meeting again on May 28, he said.
The amount that the 41-year-old former spin-bowling all-rounder has decided to donate was not disclosed in the report.
Rediff readers tell us about their first salaries.
Two days after five Chinese nationals were killed in a suicide attack at a hydropower project in Khyber Pakhtunkhwa in Pakistan, a Chinese company has suspended civil works and laid off hundreds of workers at another hydropower project in the same restive province, according to media reports on Thursday.
rediffGURU Samkit Maniar answers readers' personal income tax queries.
The court also imposed a restraining order barring Alves from coming within 1,000 metres (3,300 feet) of the victim.
Tata Sons chairman Natarajan Chandrasekaran was paid Rs. 113 crore as remuneration for 2022-23 (FY23), including Rs. 100 crore as commission on profit. Chandrasekaran, 60, often referred to as Chandra, received a remuneration of Rs. 109 crore in 2021-22 (FY22). With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23.
It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.
The Army has now fallen behind the other two services for four years in a row.
rediffGURU Mohit Arora offers advice on how to navigate your dating and relationship problems.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Prime Minister Narendra Modi on Monday accused the Congress again of planning to redistribute people's property if it is voted to power, but stopped short of saying that the wealth would go to Muslims.
The salaries could be slashed by 50 per cent if Afghanistan's June tour of Zimbabwe is cancelled as the Cricket Board (ACB) is finding it difficult to manage costs.
It said that PCI chief patron Avinash Rai Khanna has also donated one month of his pension.
Rediff reader Srinivas Samudrala, 58 from Telangana shares his story.
Rediff reader Kiran Mestry, 49 from Mumbai tells us how her first salary changed her life.
After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Bengaluru-based IT major Wipro is looking to cut hundreds of jobs, targeting mid-level employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.
Kovind has also decided to defer purchase of the Presidential Limousine which was to be used for ceremonial occasions. 'The existing resources of the Rashtrapati Bhavan and the government will be shared and used for such occasions,' a communique said.
Aviation watchdog Directorate General of Civil Aviation (DGCA) has asked Vistara to submit a daily report on flight cancellations and delays as the Tata group airline cancelled more than 50 flights for the second straight day on Tuesday amid non-availability of pilots.
RediffGURU Mihir Tanna broadly lists the ITRs to be filled by individuals having income from salary, house property, capital gain, business and other sources.
Budget carrier IndiGo has assured its employees that it will not make any deduction in their salaries or leaves due to the suspension of domestic flights till March 31. The government's decision to suspend domestic flight would come into effect from midnight Tuesday, as part of larger efforts to curb spreading of coronavirus infections.
The four labour codes will not come into effect from April 1 as states are yet to finalise the relevant rules, which means that there will be no change in take home pay of employees and provident fund liability of companies for now. Once the wages code comes into force, there will be significant changes in the way basic pay and provident fund of employees are calculated. The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021. The ministry had even finalised the rules under the four codes.
According to Korn Ferry Global Salary Forecast, India's salary growth for 2020 stood at 9.2 per cent. down from 10 per cent last year, while real-wage after adjusting inflation may remain constant at 5 per cent in 2020.
Rediff readers tell us what they did with their first salary.
The dilemma is that if farming is to be efficient, farmers will be worse off -- and if farmers are to be better off farming will be worse off, reveals T C A Srinivasa-Raghavan.
The BCCI has set a salary cap of Rs 90 crore for 10 IPL franchises, including the two new entrants, for the next season and allowed a maximum of four retentions for the eight established teams.
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