Tag: fine

‘Can’t pay employees on time? Pay fine of 50,000 dirham’: UAE...

If you are an employer in the United Arab Emirates and are unable to pay your employees on time, then you’ll have a lot...

$6 -$10 mn pay-cut for Goldman Sachs’ CEO, COO and CFO

David Solomon, CEO, Goldman Sachs saw his salary being cut last year, by $10 million to $17.5 million, in consultation with the board of...

Tesla lawsuit to end as former employee agrees to pay $400,000

Martin Tripp, former process technician at Tesla, has agreed to pay $400,000 to settle a lawsuit, wherein he stands accused of tipping reporters on...

TCS to pay $140 million fine; employees allegedly stole intellectual property

Indian IT services company, Tata Consultancy Services (TCS), is facing a fine of $140 million as its employees have been accused of stealing intellectual...

Careless delivery executives responsible for Zomato being fined

Zomato recently got slapped with a fine of Rs 1 lakh following an inspection by the Greater Chennai Corporation as part of its anti-mosquito...

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

Latest

Is SoftBank laying off 30% of Vision Fund team?

The investment division of SoftBank, the Vision Fund, is reportedly being downsized. About 150 people from the 500-strong team may lose their jobs reported...

Meta to cut costs, freeze hiring, restructure groups

Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...

How to make quiet firing amicable

After quiet quitting, ‘quiet firing’ is the latest buzzword being bandied about on social media. Scarcely a new phenomenon, quiet firing refers to a...
Gratuity to be paid on termination of employment only after 5 years of service

Central govt. hikes DA by 4%

The Ministry of Finance has announced the most awaited hike in the dearness allowance (DA) and dearness relief (DR) for Central government employees. On...

DIALOGUE

“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...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...