Search result for 'retrenchment'

Labour Minister Mandaviya says new labour codes formalize employment, inspectors will be facilitators, not obstructers.

Maharashtra minister reveals TCS laid off 376 employees in Pune over two quarters. Layoffs not due to AI, but managerial positions.

Delhi govt notifies draft Industrial Relations Rules 2025. Seeks stakeholder feedback on trade unions, committees, strikes, and more.

ILO DG stresses social dialogue for India's new labour codes. Reforms include social security for gig workers and minimum wages.

Labour code implementation boosts India's export ecosystem with flexibility, simplification, and predictability for firms.

Nasscom hails new labour codes as a key milestone in modernizing India's labour framework, offering predictability for the tech industry.

TCS headcount falls by 20,000 in Q2. NITES alleges TCS is downplaying large-scale layoffs. Details on TCS workforce realignment.

NITES alleges TCS forced 2500 Pune employees to resign. Concerns raised over layoffs, labor law violations, and employee rights.

Karnataka's Labour Minister summons TCS to explain 12,000 layoffs, raising concerns about mass retrenchment and increased working hours. KITU files complaint.

NITES calls TCS layoffs unethical & illegal, writing to Labour Minister to halt terminations and reinstate affected employees. The union highlights job insecurity in the IT sector.

Anil Agarwal, Vedanta Group Chairman, credits the privatization of Hindustan Zinc in 2002 for boosting zinc production and creating new opportunities, making it the world's largest integrated zinc...

Singapore forms task force to support businesses and workers against the impact of US tariffs, fearing economic slowdown and job losses. PM Wong warns of a global trade war.

India's simplified Income Tax Bill aims to reduce litigation and interpretation, with a focus on tax certainty and clearer provisions. Key changes include consolidated chapters, simplified...

Mining magnate Anil Agarwal suggests India can become a major gold producer by privatising Bharat Gold Mines and Hutti Gold Mines, reducing gold imports and boosting the economy.

Singapore's Opposition Leader Pritam Singh calls for insurance for retrenched workers, citing concerns about business restructuring and cost-cutting measures impacting workers' livelihoods.

Byju's is laying off 500 employees, including from sales, amid a financial crunch. The layoffs are part of a business restructuring exercise to streamline operations and reduce costs.

India's technology industry is projected to grow 3.8% to USD 254 billion in FY24, driven by domestic market growth and job creation. Read more about Nasscom's report.

India's technology industry is projected to achieve USD 254 billion in revenue this fiscal, with a 3.8% growth, despite global tech spending decline. Nasscom highlights a significant increase in...

India's tech industry is projected to reach USD 254 billion in revenue this fiscal, with a 3.8% growth, despite global headwinds. Nasscom highlights the creation of 60,000 new jobs.

India's tech industry is projected to reach USD 254 billion in revenue this fiscal, growing by 3.8% despite global challenges. Nasscom highlights the ER&D sector's significant contribution and job...

India's economy is projected to grow at 6.2% in 2024, driven by strong domestic demand and robust growth in manufacturing and services sectors, according to the UN.