'Suven alone has multiple engines of growth across all segments and a strong pipeline of Phase 3 and late Phase 2 molecules'
Abolishing contractual hirings for state government posts, Odisha Chief Minister Naveen Patnaik on Saturday announced that all 57,000 contract employees will be regularised. The decision, for which the state government will spend an additional Rs 1,300 crore per year, was taken at a Cabinet meeting on the eve of the chief minister's 76th birthday. The notification regarding it will be issued on Sunday, Patnaik said in a video message.
Report reveals that just 20% of fixed-term employment contracts are renewed
Delhi construction workers welfare board has registered around 6,400% increase in registrations but many remain aloof
Ahead of the festive season, the demand for contract workers has witnessed a 66 per cent sequential growth during June mainly led by e-commerce companies, according to a report.
Sebi plans to tweak the definition of 'employee' by deleting permanent from it; to merge sweat equity rules
The new labour laws will be made effective by the government later
Contract workers are outside the purview of retrenchment or layoff and trade union laws, making such arrangements attractive to businesses.
All such workers will be deemed to be "on duty" during "such period of absence and necessary pay or wages would be paid," the order added
Companies may look to terminate the contract of workers 'on the pretext' of the Covid-19 or may force their employees to go on leave without pay
The lower cost and easier termination may well be among the reasons that companies seek to have employees on contract
Workers under contractors for BSNL have not received their wages since December last year
Proposes to give legal backing to fixed-term employment
Currently, workers are not entitled to gratuity before completing five years of continuous service, according to the provisions of the Payment of Gratuity Act, 1972
The move to strike, which the Wall Street Journal described as the first major stoppage at GM in more than a decade, came after the manufacturer's four-year contract with workers expired
The second of a three-part series on auto sector crisis talks of how some allege that layoffs are to put pressure on the Centre to reduce GST
Labour and Employment Minister Santosh Kumar Gangwar is likely to introduce the Code on Occupational Safety Health and Working Conditions, 2019, in the Lok Sabha on Tuesday
Safeguards likely in framework for contract jobs
The present law suggests a firm cannot hire contract workers in jobs perennial in nature or round-the-clock