New Delhi: The Employees Provident Fund Organisation (EPFO) and Employees State Insurance Corporation (ESIC) have been asked to collate data on job losses, salary cuts
Tag: pay
View: Who’ll pay for global recession?
By Shumi Akhtar The world is clearly heading on the steep downward slope towards recession due to the Covid-19 pandemic. The duration of this recession
Govt mulls investment fund to pay off discoms’ dues towards gencos
New Delhi: The government is mulling an alternative investment fund to pay off discoms’ dues towards power generation companies, a senior official said. The payment
Lockdown: Bajaj Auto proposes 10 per cent pay cut for staff
Mumbai: Bajaj Auto management has proposed salary cut for all employees with its MD Rajiv Bajaj himself to take 100 per cent pay cut for
Ignoring RBI’s relief, some lenders ask microfinance clients to pay loan instalments
Kolkata: Some lenders — both banks and non-banks — have told their microfinance clients to pay loan instalments which have now fallen due, going against
Power ministry orders regulator to provide three months moratorium to discoms to pay dues
The Union power ministry has issued directions to power regulator Central Electricity Regulatory Commission (CERC) to provide three months’ moratorium to discoms to make payment
Vistara implements leave without pay for 30% of staff; defers increments
MUMBAI: Premium carrier Vistara has announced a top down 1-3 day compulsory no pay leave (CNPL) for 30% of its 4,000 employees in a bid
Cognizant to give two-thirds of employees 25% more in base pay for working in coronavirus pandemic
Bengaluru: Cognizant said it would pay about two-thirds of its employees an additional 25% of their base salary in their April salary, as a ‘sign
Indigo cuts employees salary: IndiGo CEO Ronojoy Dutta announces pay cut for all employees, to himself take a 25% salary cut
IndiGo CEO Ronojoy Dutta today announced a pay cut for all employees, with a 25 per cent cut in his own salary. This comes in
This IT company is giving two-weeks pay bonus to help employees fight coronavirus
As companies across the globe are trying to find a way to stay afloat with steps will encouraging their employees to work from home, this