August 24, 2026
  • August 24, 2026

Private employees with periodic hikes deemed permanent: High court

by on July 30, 2024 0

The Madhya Pradesh High Court ruled that individuals in non-government jobs receiving regular increments can be considered permanent employees. The court increased compensation for Anjum Ansari by Rs 2.7 lakh after her claim under the Motor Vehicles Act, acknowledging her husband’s status as a permanent teacher in a private college.

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Takeover by UltraTech won’t hit jobs, Srinivasan tells staff

by on July 30, 2024 0

India Cements’ vice chairman N Srinivasan assured employees that their careers would not be affected by the firm’s acquisition by UltraTech Cement. He stated that UltraTech would uphold existing policies and reward good workers. The decision to sell was driven by competitive pressures and an incomplete investment deal. The acquisition totaled Rs 3,954 crore.

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Jaishankar rules out role for 3rd party in India-China row

by on July 30, 2024 0

External affairs minister S Jaishankar, during a press briefing in Tokyo, emphasized that the India-China border dispute is a bilateral issue and should be resolved between the two nations. He dismissed the need for third-party intervention, despite global interest. Jaishankar mentioned recent discussions with Chinese foreign minister Wang Yi and stressed the importance of...

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Quad bats for peace in Gaza and Ukraine; EAM says more contact likely with Ukraine and Russia

by on July 30, 2024 0

Quad addressed the Gaza situation amid rising Israel-Hezbollah tensions, calling for hostages’ release and a ceasefire. India issued an advisory for nationals in Lebanon. The Quad meeting also covered Ukraine’s humanitarian crisis, urging respect for sovereignty. Focused on West Asia, they emphasized peace, stability, and a two-state solution for Israel and Palestine.

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Ola Electric eyes Rs 6,000 crore in 1st auto IPO since Maruti

by on July 30, 2024 0

Ola Electric’s Rs 6,146-crore IPO, the largest this year, opened on Aug 2 and closed on Aug 6. The company sought to raise Rs 5,500 crore through a fresh share issuance, with the rest coming from existing shareholders. Despite a lower-than-expected valuation of $4 billion, founder Bhavish Aggarwal remains optimistic about the EV market’s...

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Digital push is driving out mid-level banking staff: RBI

by on July 30, 2024 0

The digital era significantly altered the financial sector job landscape. Automation and AI-fueled digital channels have displaced mid-tier jobs, creating HR challenges. RBI highlighted the need for reskilling staff as AI skills gain importance. Despite increased digitalisation aiding affordable banking, there’s concern over rising data breach costs and high turnover in private banks.

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At 36°C, ‘cold desert’ Leh too hot for flights; 12 cancelled in 3 days

by on July 30, 2024 0

An IIT Bombay professor, Chetan Solanki, experienced the impact of climate change firsthand when his flight from Leh was cancelled due to unusually high temperatures. This highlights the growing issues of global warming, even affecting high-altitude areas like Ladakh. Airlines cited reduced air density and engine performance issues at such altitudes as the reasons...

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