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Dearness allowance to be merged with basic pay

Last Updated: Thursday, February 20, 2014, 16:59

The Union Cabinet could approve a proposal to merge dearness allowance (DA) with basic pay, benefiting about 50 lakh central government employees and 30 lakh pensioners.

Perform or leave: Narayan Murthy to Infosys employees

Last Updated: Thursday, February 20, 2014, 12:06

Narayana Murthy, chairman of Infosys, took a tough stand against the employees of the company and said they should either perform or leave and that there was no room for non-performance.

Govt considering further hike in EPF interest rate: Minister

Last Updated: Wednesday, February 19, 2014, 18:28

A proposal to revise the interest rate of Employees Provident Fund (EPF) by 0.25 percent is under the consideration of the government.

Unpaid Kingfisher employees approach move Labour Commissioner

Last Updated: Wednesday, February 19, 2014, 00:22

The harried employees of defunct Kingfisher Airline (KFA) today approached the office of Regional Labour Commissioner (RLC) in New Delhi, seeking its intervention over non-payment of salary dues.

IBA says banks hired 3 lakh employees in past four years

Last Updated: Sunday, February 16, 2014, 16:56

State-run banks hired nearly 3 lakh personnel, including over 94,000 officers, in the last four years, according to data released by industry lobby IBA.

Government raises Rs 500 cr selling EIL shares at Rs 150 each

Last Updated: Thursday, February 13, 2014, 18:45

The government on Thursday fixed the issue price for the sale of a stake in Engineers India Ltd (EIL) at Rs 150 a share, the upper end of the price band, garnering Rs 500 crore for the exchequer.

Defence civilian staffers agree to put off strike

Last Updated: Wednesday, February 12, 2014, 21:13

Three federations representing around 4 lakh Defence Civilian Employees today decided to postpone their proposed indefinite strike from February 17 after receiving assurances from Defence Minister AK Antony regarding their demands.

Second day of banking strike hurts businesses, economy

Last Updated: Tuesday, February 11, 2014, 12:13

The ongoing banking sector strike took its toll in the form of ATMs running out of cash in the country's financial capital and other cities, dealing a further blow to most business and commercial activities here Tuesday.

Labour Min asks EPFO to provide permanent PF A/c number soon

Last Updated: Sunday, February 09, 2014, 12:25

According to sources, the direction in this regard was given to the Employees' Provident Fund Organisation (EPFO) by Labour Secretary Gauri Kumar at the February 5 meeting of the Central Board of Trustees (CBT), the apex decision making body of the organisation.

SC upholds validity of Majithia wage board

Last Updated: Friday, February 07, 2014, 11:29

In a victory for working journalists and newspaper employees, Supreme Court on Friday upheld the validity of the Majithia wage board, saying that its recommendation are based on genuine consideration.

JPMorgan to pay $1.45 mn for sexual harassment

Last Updated: Wednesday, February 05, 2014, 04:32

US banking giant JPMorgan Chase will pay $1.45 million to settle charges that it permitted a sexually charged work environment that led to unfair treatment of 16 female employees in Ohio.

Justice Mathur to head 7th Central Pay Commission

Last Updated: Tuesday, February 04, 2014, 13:14

Prime Minister Manmohan Singh has approved composition of the 7th Pay Commission, which will revise the salaries of over 50 lakh central government employees.