The deal also comes amid increasing consolidation in the insurance...
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AI-intensive sectors are showing a productivity surge, PwC
The data suggested that the rise of artificial intelligence could...
Delhi’s outdoor workers, low-income households bear brunt of deadly heat
Anna Walnycki, a principal researcher on IIED's human settlements...
SC rejects Chanda Kochhar’s appeal against HC order dismissing her plea over termination
“What about my (Kochhar’s) reputation,” Rohatgi argued.
The bench observed, “You can claim damages if your reputation is tarnished and if it was wrong.”
Rohatgi said, “everything cannot be damages” and RBI can be asked to explain its approval as RBI has no jurisdiction to give post-facto approval.
Pandemic Is a Surprise Boon for Women in the World’s Back Office
“There is so much talent in smaller cities that has been untapped so far,” said Madhavi Lall, head of human resources at Deutsche Bank India. “Flexible work arrangements would certainly bring that talent to the fore, especially women who find it difficult to migrate or shift their base.”
The pandemic has pushed discussions on future work models and strategies, especially with regard to arrangements like staggering employee shifts, rotating days or weeks of in-office presence, she said. And that along with the change in India’s government rules will enable more women to join the workforce.
HC asks Centre, Delhi govt to treat as representation PIL for paid menstrual leave
The plea had sought grant of paid leaves for four days a month to all classes of women employees. including daily wage, contractual and outsourced workers and to pay overtime allowance to menstruating women employees if they opt to work during that period.
Besides paid leaves, it also sought facilities for periodic rests, separate and clean toilets and provision of sanitary napkins to women employees during their menstruation period.
UAE eases limits on foreign ownership to attract investors
The presidential decree changing the corporate law helps the UAE “strengthen its leading position regionally and globally as an attractive destination for projects and companies,” state-run WAM news agency reported.
The reforms allow foreign entrepreneurs and investors to set up their own companies without involving local shareholders, the agency said.
Cybersecurity is top business worry in ‘age of risk’: Marsh & McLennan CEO
“CEOs like to get things done and say it’s finished,” he said. “Cyber is a never-ending phenomenon. It will continue for the rest of all of our careers.”
Climate change and the culture of remote working are the other top risks cited by companies, Glaser said. Climate is less immediate than cybersecurity because it is developing slowly and its impact, through such catastrophic events as larger wildfires and more powerful hurricanes, will increase over the next five years or more.
Will ask govt to make employers’ contribution tax-free in Budget:PFRDA
“We may propose things like 14 per cent contribution by employers to be made tax free to all. Currently, it is given only to the central government employers.So we are requesting the government to give it to all the employers, whether it is state governments or other corporate entities, so that subscribers across the board can get this benefit,” Supratim Bandyopadhyay, chairman, PFRDA said
Labour Ministry seeks feedback on draft rules under Code on Social Security
The draft rules provide for operationalization of provisions in the Code on Social Security, 2020 relating to Employees’ Provident Fund Organisation (EPFO), Employees’ State Insurance Corporation (ESIC), gratuity, maternity benefit, social security and cess in respect of building and other construction workers, social security for unorganised workers, gig workers and platform workers.
The draft rules also provide for Aadhaar-based registration including self-registration by unorganised workers, gig workers and platform workers on the portal of the Central government, the statement said.
Parents say employers are illegally firing them during Pandemic
Parents who’ve lost their jobs during the pandemic are driving a surge of litigation, alleging their employers discriminated against them for taking care of their kids when schools closed. Since March, working parents have filed at least 40 lawsuits...
U.S. court upholds Harvard race-based admissions
U.S. Circuit Judge Sandra Lynch, however, said Harvard’s use of race was not “impermissibly extensive” and was instead “meaningful,” because it prevented diversity from plummeting.
“Harvard’s race-conscious admissions program ensures that Harvard can retain the benefits of diversity it has already achieved,” she said.
WeWork losses mount but ‘seismic shift’ in office use seen helping recovery
The pandemic has accelerated a “seismic shift” in the office sector that has put flexibility – an industry byword for the short-term leases the company embraces – and WeWork at the forefront, the memo signed by Chief Executive Sandeep Mathrani and Chief Financial Officer Ben Dunham said.
“This is our moment, and I know that together, we will continue to define the future of work,” they said.