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NON COMPETE CLAUSE
Can your employer stop you from joining a rival firm? Know the law on non-compete clausesIfyour employment contract has a non-compete clause, it means that once youresign, you cannot work for a competitor company for a defined p...
₹25 ride: India’s bike taxis are cheap, fast and still fighting for a place on the roadBike taxis offer affordable, on-demand urban transport, bridging the last-mile connectivity gap. These services face regulatory hurdles des...
Hotel contracts getting more ‘even’ as owners negotiate harder on performance benchmarksHotel contracts in India are evolving as chains expand their local portfolios significantly. Owners now negotiate more explicitly on perfor...
Modi-Xi-Putin together again: What will the Bishkek photo-op tell?India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight, but it should not be read as evi...
- India attracts capital. Now it must build what the world pays royalties for
India has emerged as a major investment destination, but much of the value generated by foreign companies still flows overseas through divi...
Blue Origin's stock policy leaves employees worried after Elon Musk's SpaceX IPO made workers millionaires—but there's one surprising exemptionBlue Origin's new stock policy: SpaceX's successful IPO contrasts with Jeff Bezos' Blue Origin's new stock incentive plan. This plan includ...
Google urges EU top court to back ruling scrapping $1.7 billion antitrust fineGoogle urged Europe's top court to dismiss an EU antitrust appeal. Regulators challenged a lower court ruling which annulled a fine imposed...
Non-compete clauses: Unenforceable under law, but companies love themWhile Indian law is clear on the unenforceability of a non-compete clause operating beyond the term of employment, companies still include ...
Non compete clauses in C-Suite executive employment contracts: The dos and don'tsNon-compete clauses aim to restrict employees from using confidential information for competitive purposes after their employment. Breachin...
IT freshers beware! Non-compete clauses woven into contracts are unenforceable in India, experts sayIndian IT companies are using non-compete clauses in their contracts to deter new hires, but legal experts argue that this tactic is not en...
Companies tightening contracts to make exit tough for senior executivesIndian cos are tightening employment contracts for top executives to make them more binding by incorporating stricter non-compete and non-s...
IT executive exodus: a primer on breach of contract, lawsuitsIT major Wipro has filed at least two legal complaints against its former senior executives including former senior vice president Mohd Haq...
Explainer: A primer on breach of contract, lawsuitsWipro and Infosys are pursuing legal action against former executives joining Cognizant, raising questions on non-compete clauses' validity...
Non-compete clause to ensure business confidentiality, says Infosys to centreInfosys's response to calls for discussions on the issue after Pune-based labour union Nascent Information Technology Employees Senate urge...
Infosys, labour union to hold talks to discuss non-compete clause on TuesdayThis comes as the earlier scheduled discussion for Monday was postponed due to Buddha Purnima being a public holiday. Infosys was served an...
Infosys justifies non-compete clause in job contractsInfosys also points out that the conditions are fully disclosed to all job aspirants before they decide to join Infosys.
Labour union seeks removal of ‘non-compete’ clause in Infosys offer lettersThe IT industry has been battling with an acute talent crunch for the last few quarters. For Infosys, attrition rate hit record levels at 2...
Non-compete clause for FDI in pharmaceutical companies will not be applicable: Reserve Bank of IndiaThe RBI today said the non-compete clause will not be applicable in acquisition of existing pharma cos by foreign entities except in specia...
Ban likely on non-compete clause in pharma M&A, may be a ‘deal breaker’Non-compete clauses restrict the promoters of target companies from venturing into the same line of business for a certain numbers of years.
- RIL violating non-compete clause: ADAG
The Anil Dhirubhai Ambani Group has shot off a letter to the RIL board and Reliance Ventures, pointing out violation of the non-competing c...