Search result for 'employee union'

Infosys denies using force or intimidation in Mysuru layoffs, saying it's cooperating with the labor department. The company also clarifies its training process and assessment criteria.

Infosys has deferred internal assessments for trainees by a week amid recent layoffs of over 300 freshers at its Mysuru campus. The company says the postponement is for additional preparation time,...

A section of workers at the Samsung factory near Chennai continues their strike, demanding reinstatement of suspended employees. The CITU union is planning to intensify the protest. Read more.

Infosys has laid off over 300 freshers who failed internal assessments after three attempts. NITES, an IT employee union, claims the number is higher and has filed a complaint with the Ministry of...

AIBOC urges the implementation of a 5-day work week for bank employees and calls for recruitment to address staff shortage. The union also demands protective measures for bankers amid rising threats.

Trade unions are investigating reports that Foxconn India did not hire married women at its Chennai plant, sparking controversy and prompting government inquiries. Learn more about the allegations...

State Bank of India (SBI) reports a sharp decline in Q4 profit due to a one-time provision of Rs 7,100 crore for wage hike and pension adjustments. The total impact by March is estimated at Rs...

State Bank of India's Q3 profit fell 35% to Rs 9,164 crore due to a one-time provision of Rs 7,100 crore for salary and pension arrears. Despite this, the bank remains confident about credit growth.

India's disinvestment target for FY24 is likely to be missed again as the government prioritizes minority stake sales over outright privatization ahead of general elections.