by AIP Online Bureau | Dec 29, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management
“High attrition and employee turnover rate pose significant operational risks, including disruption in customer services, besides leading to loss of institutional knowledge and increased recruitment costs. In various interactions with banks, the Reserve Bank has...
by AIP Online Bureau | Sep 28, 2024 | Indian News, Non-Life, Reinsurance
Pankaj Ramesh Shedge, who was a senior employee of an IT company located at Irvine in California of the USA, earned an annual salary of USD 110,000. On December 9, 2022, when he was going on his scooter on Panvel-Mumbra Road, he was hit by a truck, which ultimately...
by AIP Online Bureau | Sep 22, 2024 | Eco/Invest/Demography, Features, Health, Policy, Regulation, Risk Management, Workplace/Employee Benefits
Stress cannot be avoided but it can be managed. In the corporate world stress is a part of our life…We need to understand how to react to that…We are the solution makers itself…” Associate Consultant at Tata Consultancy Services (TCS), Nikhil Badgujar said Pune:...
by AIP Online Bureau | Sep 22, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation, Risk Management, Workplace/Employee Benefits
The National Human Rights Commission has also appointed a ‘Special Monitor’ to look into various practices and work environment leading to violations of human rights in business. The Commission has specifically constituted a ‘Core Group on Business and Human Rights’...
by AIP Online Bureau | Sep 19, 2024 | Health, Indian News, Policy, Risk Management, Workplace/Employee Benefits
Shobha Karandlaje, Union Labour Minister “A thorough investigation into the allegations of an unsafe and exploitative work environment is underway,” Labour Minister Shobha Karandlaje posted, on X NEW DELHI: India is investigating the work environment at...