Year: 2024

EY India office in Pune does not have a labour welfare permit

Manish Kumar

The lack of a labor welfare permit at a corporate office, such as EY India’s office in Pune, could indicate non-compliance with local labor laws and regulations.   Labor welfare permits are often required by state governments in India to ensure that companies provide adequate working conditions, benefits, and facilities to their employees. These permits are part of broader efforts to enforce labor standards, health and safety regulations, and employee welfare measures.   The situation at Ernst & Young (EY)’s Pune office has raised serious concerns about labor law compliance,…

UK Government Challenges Amazon’s Mandatory Office Return

Manish Kumar

Amazon’s decision to require staff to return to the office five days a week contrasts sharply with the UK government’s push to strengthen rights to flexible working, which includes the option to work from home. The UK government is at odds with Amazon over its decision to mandate a return to the office for its employees five days a week. While Amazon argues that in-person work fosters better collaboration and innovation, the government is advocating for flexible working arrangements, including the right to work from home. The government believes that…

Oyo’s $525M G6 Deal Indicates a Focus on Global Expansion before IPO

Manish Kumar

Blackstone, the renowned private equity firm, has agreed to sell Motel 6, the well-known American budget hotel chain, to Oyo for $525 million in cash. This significant acquisition, reported by The Wall Street Journal, represents Oyo’s strategic expansion into the U.S. hospitality market and marks the conclusion of Blackstone’s decade-long ownership of the Motel 6 brand. Motel 6, famous for its affordable lodging options, aligns well with Oyo’s business model, which focuses on budget-friendly accommodations. This move not only enhances Oyo’s portfolio but also provides an opportunity for the company…

Tirumala Temple to hold ‘shuddhikaran pooja’ today amidst the laddoo row

Manish Kumar

The Tirumala Tirupati Devasthanam (TTD) is set to hold a “shuddhikaran pooja” as pere the order of Andhra Pradesh Chief Minister Chandrababu Naidu (purification ritual) in response to the ongoing controversy surrounding alleged ghee adulteration in the famed Tirupati laddu. The issue surfaced when concerns were raised about the purity of the ghee used in preparing the iconic prasadam, leading to widespread public outcry. The matter caught the attention of Andhra Pradesh Chief Minister Chandrababu Naidu, who has ordered the purification ritual to address the concerns and uphold the sanctity of the temple and its offerings.…

UTKARSH ODISHA 2025 LOGO UNVEILED: CM MAJHI CALLS FOR GLOBAL INVESTMENTS

Manish Kumar

Bhubaneswar – In a key step towards strengthening Odisha’s position as a leading industrial hub, Hon’ble Chief Minister Shri Mohan Charan Majhi today unveiled the logo for the upcoming UTKARSH ODISHA – Make in Odisha Conclave 2025. Under Shri Majhi’s leadership, the Odisha government has focused on driving economic growth through forward-looking policies, better infrastructure, and investor-friendly initiatives. The Make in Odisha initiative reflects the state’s efforts to attract global and national investors in sectors like manufacturing, infrastructure, textiles, food processing, and technology. The UTKARSH ODISHA – Make in Odisha Conclave…

Airtel Unveils AI-Powered SPAM Detection Network

Manish Kumar

Airtel reported a significant impact on its network following the launch of its AI-backed spam detection tool. On the first day of implementation, the telecom operator identified over 115 million spam calls and 3.6 million spam messages. This initiative aims to enhance customer experience by reducing unwanted communications and demonstrates Airtel’s commitment to leveraging technology for improved service quality. In a ground breaking effort to tackle the spam problem in India, Bharti Airtel has launched the country’s first network-based, AI-powered spam detection solution. This innovative tool is designed to significantly…

Landslide at Indonesian Gold Mine Claims 15 Lives, 25 Still Missing

Manish Kumar

Disaster Strikes in West Sumatra A devastating landslide at a gold mine in Indonesia’s West Sumatra province has left at least 15 people dead and 25 others missing. The landslide occurred Thursday evening following heavy rains in the remote area of Sumatra Island, according to the provincial disaster mitigation agency. Ongoing Search for Survivors The rescue operation is in full swing as authorities race against time to locate the missing individuals. Ilham Wahab, a spokesperson for the disaster agency, confirmed that three people have been injured. However, rescue efforts are…

Wells Fargo Ordered to Strengthen Anti-Money Laundering Measures

Manish Kumar

Wells Fargo shares experienced a significant decline on Thursday, dropping 4% by the end of the trading day, following revelations from a U.S. banking regulator. The Office of the Comptroller of the Currency (OCC) reported that the bank’s measures to combat money laundering and illegal transactions were inadequate. This regulatory action further restricts Wells Fargo’s capacity to expand into higher-risk business areas, adding to the challenges the bank has faced since the 2016 fake accounts scandal. The stock had initially fallen by as much as 6.5% before recovering slightly. The…

BrahMos Leads the Way: First Indian Company to Reserve Jobs for Agniveers

Manish Kumar

Pioneering Move by BrahMos Aerospace In a first for corporate India, BrahMos Aerospace Pvt Ltd, an Indo-Russian joint venture, has announced that it will reserve 15% of its technical vacancies for Agniveers, the young recruits trained under the Agnipath Scheme. Additionally, 50% of the company’s administrative and security roles, including outsourced positions, will also be set aside for Agniveers. This move by the world’s fastest supersonic missile maker positions BrahMos as the first Indian company to take this bold step, further extending the initiative beyond its own workforce by encouraging…

Shigeru Ishiba: Japan’s Maverick Leader Takes the Helm Amid Political Crisis

Manish Kumar

A New Face in Turbulent Times In a closely contested and dramatic leadership race, Japan’s ruling Liberal Democratic Party (LDP) has selected veteran politician Shigeru Ishiba as the nation’s next prime minister. Ishiba, a former defense minister and seasoned lawmaker, emerged victorious in a run-off election, edging out the hardline nationalist Sanae Takaichi. His win marks a significant moment in Japan’s political landscape as Ishiba takes over from outgoing Prime Minister Fumio Kishida, who resigned following a series of scandals that severely damaged the party’s reputation. Ishiba’s victory, after five…