NEW DELHI: Ola, Uber and logistics firm Porter has failed to maintain minimum standards of fair working conditions for gig workers, according to a report by Fairwork India released on Thursday.“Corporates [platform companies] make an investment, by investment I mean they evoke the desires of workers in the beginning and, because of that, they [drivers]…
Infosys aims to prevent fraudulent recruitment practices and enhance the hiring experience for candidates. Infosys, one of India’s leading software services companies, has implemented a new hiring process that eliminates the practice of sending job offer letters and attachments to new recruits via email. Instead, the company now requires candidates, including both freshers and laterals,…
NEW DELHI: Auto retail sales declined over 9% year-on-year in Sept amid a massive build-up of passenger vehicle inventory due to sluggish demand, dealer’s body FADA said on Monday.The overall registrations declined to 17.2 lakh units last month from 19 lakh units in Sept 2023, as most of the categories, including passenger vehicles and two-wheelers,…
It’s been over 18 months since Manasi Kirloskar took charge as vice chairperson at Toyota Kirloskar Motor (TKM), having been thrust into the position almost abruptly after untimely death of her father Vikram Kirloskar in November 2022. Since then, Manasi – who is married into Tata family (her husband Neville is the son of Noel…
NEW DELHI: Hero Motors, the auto-components firm of the Hero Motors Company (HMC) Group, has withdrawn its documents for an initial public offering (IPO) worth Rs 900 crore, an update with markets regulator Sebi showed on Monday.In its draft papers, the company had proposed to raise Rs 500 crore through a fresh issuance of equity…
MUMBAI/ NEW DELHI: India’s concerns over a surge in silver imports from UAE after implementation of a bilateral trade agreement is expected to be taken up during a joint meeting next week.“We have a joint trade committee which works on these issues. Next week they have a meeting in the UAE and that will be…
Government internships to apply for in October 2024 NEW DELHI: Close to 50 companies – ranging from TCS and Tech Mahindra to L&T, Apollo Tyres. Titan, Divis Labs and Britannia – have offered over 13,000 internship opportunities to youth through the PM Internship scheme portal opened for corporate registrations last week.So far, around 200 companies…
In recent years, salary increases have become less predictable in the IT sector. (AI image) The traditional April-June period for salary increases within many IT companies has shifted to the third quarter of the year, creating uncertainty as the process now depends on the demand outlook. In recent years, salary increases have become less predictable,…
Ola CEO Bhavish Aggarwal and Kunal Kamra’s Twitter war started after latter flagged Ola EV issue NEW DELHI: Ola Electric, India’s leading e-scooter manufacturer, witnessed a 9% drop in its stock price on Monday following a public dispute between the company’s founder Bhavish Aggarwal, and a well-known comedian Kunal Kamra. The controversy began when Indian…
CLSA believes that China presents the most significant self-help opportunity among emerging markets. (AI image) India vs China stock markets: The Chinese government’s aggressive measures to revive its markets and economy have captured the attention of foreign investors. Global brokerage firm CLSA has increased its exposure to China, reducing its overweight position in Indian equities…
