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EMPLOYEE TURNOVER OLA
Unions should form cooperatives that own and run units in the informal sectorBharat Taxi's launch highlights a missed opportunity for trade unions. Unions could organize gig workers into cooperatives, offering them e...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets ended lower as IT stocks slumped after the U.S. raised H-1B visa costs to $100,000. Analysts say the correction is healthy, ...
Ola's AI venture runs into human (resources) glitchMost of the exits took place between March and November 2024, some quitting within a year of joining the firm and a few leaving in a matter...
Ceigall India opens bid for IPO on August 1. Check dates, other detailsThe IPO consists of a fresh issue of shares worth Rs 617.69 crore and an offer for sale (OFS) of up to 1.42 crore shares with a face value ...
Karnataka releases draft gig workers Bill; seeks comments from platforms, other stakeholdersKarnataka introduced draft Bill for app-based platforms to provide social security benefits to gig workers and sought public feedback. The ...
HSBC cuts Elastic Run valuation; Hero MotoCorp doubles down on AtherHSBC has cut its valuation estimate for B2B ecommerce firm Elastic Run by nearly half, bringing it under $1 billion. More on this in today’...
Old Pension Scheme a policy decision, won't debate it: CAGFive states - Rajasthan, Chhattisgarh, Jharkhand, Punjab and Himachal Pradesh - have informed the Centre about their decision to go back to...
Can Bhavish Aggarwal become India’s answer to Musk or will he collapse?In his twenties, the founder of India’s largest ride-sharing company held off deep-pocketed rival Uber to remain the country’s top brand. N...
Ola starts handing pink slips, defers appraisalThe SoftBank-backed firm has started laying off employees across functions, said people in the know, but did not share the number of job cu...
IT firms brace for travel costs; Zomato & Fabindia under fireThe savings that India's software services firms have enjoyed due to Covid-induced travel restrictions may be coming to an end.
Cover for gig workers: Amazon, others pledge Rs 500 crore to proposed social security fundThe labour ministry has finalised the scheme for gig workers under the Employees’ State Insurance Corporation, which will be announced alon...
Gig Workers Fund: Internet firms seek clarity on social security inputsOnline platforms, such as Amazon India, Ola, Uber and Urban Company, have asked the labour ministry to clearly define turnover, which will ...
Aggregators may give 1-2% of turnover or 5% of wages to social security fundThe code, which aims to provide universal social security to 450 million workers, over 90% of whom are in the unorganised sector, is expect...
BigLeap Technologies opens new facility, plans to add 6,000 staff by 2021Hyderabad-headquartered, HR staffing, payroll, recruitment company BigLeap Technologies & Solutions, has announced plans to add 6000 staff ...
SGX Nifty down 60 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 62 points, or 0.68 per cent lower at 9,024 in signs that Dalal Street was headed for a negat...
For Covid-19 battered auto dealers, the worst may be yet to comeWith deserted showrooms, no buyers and a shattered economy, auto dealers have to grapple with a new reality.
How government is obstructing democratisation of entrepreneurshipInnovation will always be ahead of regulation. The government should understand this and bring in policies that enable value creation.
Uber’s India ride sees 10% rise in revenue in FY17The company had posted a 442% jump in its revenues for the year ended March 2016, up from Rs 69 crore in the year prior to that.
View: Irrational, populist minimum wage hikes are hurting the BPO industry and will lead to job lossesThe growth of domestic BPO mirrored the growth of the telecom industry, as millions of customers called up for activation, billing and othe...
Ideal Insurance Brokers gets $1 millionThe investors who participated in the funding round included Nitesh Prakash of Ola, Atul Jain of Samyakth Finserv, Siddharth Pansari of Pri...