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'Counter productive, economic suicide, disheartening'; How Haryana's reservation law is being described

Rituparna Chakraborty, Co-founder of Team Lease minces no words when she describes the law as economic suicide . She points out that it won t take time for companies, especially in the tech space to just move out of Gurugram rather than adhere to the law. It has proven the adage that good politics leads to bad economics. It will cost the state much-needed jobs, she points out.
Haryana is not the only state that has latched on to the idea of reserving jobs in the private sector by passing laws. Several others including Maharashtra and Madhya Pradesh have some form of a similar law being readied at various stages. As unemployment numbers remain daunting, promising jobs during elections is a populist way of staying in power. This is not going to help people actually find jobs, says Mahesh Vyas of CMIE, a research firm that puts out regular employment data. CMIE s latest data shows an unemployment rate of over 26% in Haryana, one of the highest among states. Vyas believes th ....

Madhya Pradesh , Rituparna Chakraborty , Dushyant Chautala , Vinne Mehta , Lalit Aggarwal , Automotive Components Manufacturing Association , Photo Credit , Director General , Automotive Components Manufacturing , Mahesh Vyas , Economic Suicide , மத்யா பிரதேஷ் , றிடுப்பர்நா சக்ரவர்த்தி , துஷியண்ட் ச Ut டலா , வின்னே மேத்தா , தானியங்கி கூறுகள் உற்பத்தி சங்கம் , புகைப்படம் கடன் , இயக்குனர் ஜநரல் , தானியங்கி கூறுகள் உற்பத்தி , மகேஷ் வியாஸ் , பொருளாதார தற்கொலை ,

'Gun for hire' company director handed community sentence for FSPR breaches

Gun for hire company director handed community sentence for FSPR breaches
3 Mar, 2021 04:40 AM
5 minutes to read
Michael Reps, the NZ-based director of Pegasus Markets Ltd, says he wants to pay back his debt to society. Photo / Sam Hurley
Michael Reps, the NZ-based director of Pegasus Markets Ltd, says he wants to pay back his debt to society. Photo / Sam Hurley
A director of a derivatives trading firm has been described as a gun for hire whose actions risked damaging New Zealand s reputation as a safe place to do business.
Pegasus Markets Ltd and its NZ-based
director Michael Reps were criminally charged in 2018 by the Financial Markets Authority (FMA) with breaching the Financial Service Providers (Registration and Dispute Resolution) Act (FSP Act). ....

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Whakatāne Mill closure looms, workers face job losses

Whakatāne Mill closure looms, workers face job losses
24 Feb, 2021 05:00 AM
9 minutes to read
Prime Minister Jacinda Ardern is continuing her tour of the Bay of Plenty.
Rotorua Daily Post
A looming closure of the Whakatāne Mill is being described as a devastating blow as residents now worry about the futures of the 210 workers facing job losses.
The Swiss owners of the mill which,
for 80 years, has been the backbone of jobs for locals, have proposed to close the site this year.
Prime Minister Jacinda Ardern visited Whakatāne Mill while campaigning in Whakatāne last year. Photo / File ....

New Zealand , New Zealand General , Tania Tapsell , Leonie Simpson , Judy Turner , Juha Verajankorva , John Galbraith , Stuart Nash , Jared Abbott , Kiri Allan , Rawiri Waititi , Kiri Allen , Uru Rakau , Raiha Jackson , Marty Verry , Jacinda Ardern , National East Coast , District Council Facebook , First Union , Toi Eastern Bay Of Plenty Development Agency , Economic Development Agency , Zealand Forestry Service , Muzzy Keepa , Rotorua Daily Post , Eastern Bay , Plenty Development Agency ,

America's Cup 2021: Dan Carter's 'mind blowing' experience on the water with Team New Zealand

America s Cup 2021: Dan Carter s mind blowing experience on the water with Team New Zealand
24 Feb, 2021 03:00 AM
3 minutes to read
Beyond the Cup’s Cheree Kinnear explores the Spark 5G Race Zone, an immersive multi-sensory experience that gets fans closer to the America’s Cup than ever before. Video / NZ Herald
Beyond the Cup’s Cheree Kinnear explores the Spark 5G Race Zone, an immersive multi-sensory experience that gets fans closer to the America’s Cup than ever before. Video / NZ Herald
NZ Herald
Dan Carter has described his experience witnessing Team New Zealand in action up close as mind blowing . ....

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Fatal prison attack: 'Gentle giant' attacked in cell as he slept has died - investigation now homicide, charges likely

'He was attacked in his sleep, he didn't stand a chance,' says grieving sister. ....

New Zealand General , New Zealand , Sergeant Craig Sheridan , Bradley King , Bridget King , Dannevirke District Court On , Senior Sergeant Craig Sheridan , Dannevirke District Court , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , சார்ஜென்ட் கிரேக் ஷெரிடன் , பிராட்லி கிங் , பிரிட்ஜெட் கிங் , தன்னேவிற்கே மாவட்டம் நீதிமன்றம் ஆன் , மூத்தவர் சார்ஜென்ட் கிரேக் ஷெரிடன் , தன்னேவிற்கே மாவட்டம் நீதிமன்றம் ,