Tag: fall in net profit

Maruti Suzuki trims workforce, lays off 1,000 temp workers

In an attempt to cut costs and tackle the slowdown that has hit the automobile industry, Maruti Suzuki India has laid off more than...

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Oman’s labour ministry takes action against private sector company

The Ministry of Labour, through its subsidiary the Directorate General of Labour in Al-Dhahirah Governorate, has taken decisive action against a private sector company...

Why global trends such as rage applying don’t take India by storm

Rage applying, the latest corporate trend, has taken Gen Z workers by storm. Similar to quiet quitting, rage applying started off as a TikTok...
Gratuity to be paid on termination of employment only after 5 years of service

Will DA increase to 42% for Central government staff?

The employees of the Central government may receive increased dearness allowance soon. It is reported that the Centre is deliberating hiking the DA by...

Frustration among HPSSC staff over delayed salaries

The employees of the Himachal Pradesh Staff Selection Commission in Hamirpur are frustrated with the state government's lack of action in providing their salary...

DIALOGUE

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...