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MANAGERIAL MISCONDUCT
Can you be fired from job despite achieving your annual target? Know what the labour law saysMeeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer p...
Who is Nida Khan? HR manager at centre of TCS Nashik probe over harassment, POSH lapsesAn HR manager at a TCS BPO unit in Nashik, Nida Khan, is under scrutiny as a widening investigation into alleged sexual harassment and coer...
Disagreeing with your boss? Here’s when it can lead to disciplinary actionEmployees can face disciplinary action for public conduct that undermines workplace discipline, even if they disagree with their manager. W...
IndusInd Bank moves to claw back bonuses from ex-top brassThe bank has not yet finalised the clawback period, which is likely to span two to three years. The proposed action is based on findings fr...
IndusInd Bank may put former execs in the dock, claw back bonusesThe Reserve Bank of India's (RBI) November 2019 guidelines on the compensation of key managerial personnel direct banks to establish a claw...
Boss verbally attacks employee's parents during scolding: Worker calls it 'beyond toxic, disgusting'A Bengaluru-based employee has shared a troubling workplace experience, alleging that their manager not only subjected them to constant sco...
Sebi confirms ban on Gensol, Jaggi brothers in fund diversion caseThe regulator said Jaggi brothers, also cofounders of EV ride-hailing firm BluSmart Mobikity, would continue to be debarred from holding th...
Delhi HC orders Wipro to pay Rs 2 lakh for defaming former employee in exit letterNoting that the letter was full of stigmatic language and bereft of any foundation, Justice Purushaindra Kumar Kaurav asked Wipro to expung...
Gensol promoters quit board; BluSmart begins shutting operationsThe resignations come after capital markets regulator Sebi has issued an interim order against Gensol Engineering and its promoters — Anmol...
Why Sebi banned Anil Ambani from the securities market for 5 years?Anil Ambani: The Securities and Exchange Board of India (Sebi) has banned Anil Ambani and 24 related entities from the securities market fo...
More and more Indian companies ramp up background checks on C-suiteIndian companies discreetly monitor CEOs and key personnel through ongoing background screening, focusing on governance, fraud risk, legal ...
Firms take cognizance of sensitising those in managerial rolesThis comes post the video that went viral in June of a prominent bank's senior VP berating his junior colleagues for not meeting their mont...
Average CEO compensation in India up 21% in last 4 yearsIndia's senior executives including chief executives are likely to get a 9.1% average salary hike in 2023 compared to 9.7% in 2022 and 7.9%...
Startups, BharatPe attention to control measuresThis course of action can be particularly arduous for a company in the process of building a reputation. Startups operate in disruptive bus...
IBBI tightens scrutiny: Resolution professionals told to disclose related partiesThe insolvency regulator has asked all the RPs to disclose their financial relationship with various stakeholders such as the corporate deb...
Sebi bars Anil Ambani, RHFL, 3 execs from securities marketSebi alleged that the company indulged in diversion of funds and misrepresentation of books of accounts and falsification of financial stat...
SAT upholds Sebi order against 63 Moons Technologies in STP caseSebi had in December 2020 rejected 63 Moons' application seeking renewal of approval to provide Straight Through Processing (STP) services ...
Few auto loans execs indulged in personal misconduct, no conflict of interest: HDFC MDAddressing his last annual general meeting after building the bank into the second largest by assets in India, and the most valued by inves...
India pledges to contribute $5 million in 2020 to UN Palestine refugee agencyIndia's Deputy Permanent Representative to the UN Ambassador K Nagaraj Naidu said as a mark of solidarity with the Palestine refugees, the ...
PEs may look at CEO penalty clause in dealsOn Tuesday, iGate sacked Phaneesh Murthy over sexual misconduct, delivering a major blow to iGate's ambitions and Apax's hopes.