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Many companies recognise employee efforts through rewards

Many companies recognise employee efforts through rewards Synopsis Companies across sectors are giving their employees a combination of increments, promotions, variable pay and one-time special bonuses despite the disruptions and external market conditions. Others are promising not to cut salaries and jobs. Many companies in India have opened their purse strings to reward their employees, undeterred by the raging second wave of Covid-19 cases that has once again cast uncertainty over business p...
Variable Pay Skoda Auto Volkswagen India Drpg Group Reliance Industries Panasonic Life Solutions India Motilal Oswal Financial Services

Ceat to make a fresh investment of Rs 1200 crore in truck and bus plant

The fresh investment approved by the board is over and above the Rs 3500 crore announced by the company a few years ago. A part of this investment will go into expansion of the existing plant in Halol, Gujarat, and the balance will be used on a brownfield facility in Chennai – the companys base for car radial tyres
Tamil Nadu Anant Goenka Ceat Ltd Ceat Tyres Drpg Group Fresh Investment

Companies lend a hand to Covid-affected employees

Companies lend a hand to Covid-affected employees SECTIONS Share Synopsis ITC’s suite of interventions includes providing medical infrastructure such as Covid care facilities for those mildly symptomatic and oxygen concentrators. Ceat Tyres, part of the RPG Group, has converted learning centres and conference rooms at factories in Nashik, Bhandup and elsewhere into emergency accommodation for workers. Getty Images Representative image As Covid cases spiral across the country, companies are m...
Milind Apte Rohit Thakur Ajit Menon Dalmia Bharat Group Urban Company Dalmia Bharat

Many companies in talks to hold vaccination camps for employees

Many companies in talks to hold vaccination camps for employees K Hariprasad, president at Apollo Hospitals Group, said the hospital chain has been receiving enquiries from corporates across the country. Synopsis Companies such as RPG Group, Lupin, and Dalmia Bharat Group said they have been conducting vaccination camps at their factory premises over the last week. An alarming second wave of the pandemic may have prompted several companies to return to remote working, but many corporates, part...
West Bengal Apollo Hospitals Group Hospitals Group Fortis Hospitals Max Hospital Vaccination Camps

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Intellect Design Arena Ltd leads gainers in 'A' group

West Coast Paper Mills Ltd, Zensar Technologies Ltd, Triveni Turbine Ltd and General Insurance Corporation of India are among the other gainers in the BSEs A group today, 16 March 2021. West Coast Paper Mills Ltd, Zensar Technologies Ltd, Triveni Turbine Ltd and General Insurance Corporation of India are among the other gainers in the BSEs A group today, 16 March 2021. Intellect Design Arena Ltd surged 13.42% to Rs 591.9 at 11:48 IST. The stock was the biggest gainer in the BSEs A group. On the...
Insurance Corporation Of India Triveni Turbine Ltd Intellect Design Arena Ltd Coast Paper Mills Ltd Zensar Technologies Ltd West Coast Paper Mills Ltd

CEAT Tyres aims to make deeper inroads into smaller towns and cities

CEAT Tyres is looking to double the number of standalone retail outlets in the next two years as it seeks to ride on the burgeoning demand for personal mobility in smaller towns and cities, the companys top official said. As part of the plan, the RPG Group firm will open 100 CEAT Shoppes – mostly in small towns and cities, over the next two years. The expansion, the biggest in the companys history, will take the total number of outlets to 600 from the current 300, said Arnab Banerjee, chie...
Arnab Banerjee India Ratings Research India Ratings Ceat Tyres Corona Virus Covid 19

Covid-19 vaccination | TCS, Infosys, Accenture, SBI among others to bear Covid-19 vaccination cost of employees and family

"At Accenture, the health & safety of our people matter most. We will cover the cost of the Covid-19 vaccine, for our people and their dependents who are covered under our medical benefits program,” Rekha M Menon, Chairperson and Senior Managing Director of Accenture in India, tweeted. At @Accenture, the health & safety of our people matters most. We will cover the cost of the COVID-19 vaccine, for our people and their dependents who are covered under our medical benefits program. @Accenture...
New Delhi Oxford Astrazeneca Covishield Narayana Murthy Pravin Rao Kris Gopalakrishnan Rekham Menon

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