Understanding Indian Labor Laws Working Hours, Overtime, and Employee Rights Indian labor laws are designed to protect the rights and welfare of employees, ensuring fair and reasonable working conditions. One of the fundamental aspects of these laws is the regulation of working hours, overtime, and rest intervals. Let’s delve into the key provisions that govern …
From Rs 10,000 to Rs 900 Crore Kamal Khushlani’s Remarkable Journey with Mufti In the world of entrepreneurship, success stories often emerge from humble beginnings and sheer determination. Kamal Khushlani’s journey with Mufti, a popular men’s clothing brand, is a testament to the power of persistence and vision. Starting with just Rs 10,000 borrowed from …
Ola Electric Raises Rs 3,200 Crore ($385 Million) in Funding, Valuation Hits $5.4 Billion In a major financial development, Ola Electric, the electric vehicle (EV) subsidiary of the ride-hailing giant Ola, has successfully raised Rs 3,200 crore (approximately $385 million) in a combination of equity and debt funding from prominent investors. This substantial funding has …
Log9 Materials Launches INR 1.5 Cr ESOP Buyback Plan to Reward Employees Log9 Materials, a pioneering Indian tech company known for its innovative graphene-based products, has unveiled an Employee Stock Ownership Plan (ESOP) buyback plan worth INR 1.5 Crores. This initiative is aimed at rewarding and recognizing the dedicated efforts of its employees. A total …
Challenges in India’s Technology Job Market A Decrease in Job Availability and Uncertainty The technology sector in India, which has long been a powerhouse for job opportunities, is currently facing a significant downturn, with job availability plummeting by over 45%. This concerning decline has left fewer than 90,000 open positions across various industries, signaling uncertainty …