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Mumbai police book 8 MOFSL execs for alleged harassment of female colleague

The Mumbai Police have lodged a first information report against 8 senior executives of a major financial company, Motilal Oswal Financial Services Ltd (MOFSL) for allegedly outraging the modesty of a 37-year-old female employee who was under . ....

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Muted impact of second Covid-19 wave: Companies hand out bigger pay hikes on green shoots

Actual average salary increment for 2021 across companies in the country was 7.9% against 7.3% they had projected in March, as per ‘Covid-19 Impact and HR Trends survey by human resources consulting firm Omam Consultants. ....

Padmaja Alaganandan , Sudhir Dhar , Pankaj Bansal , India Inc , Motilal Oswal Financial Services , Anil Koul , Covid 19 Impact , Indian Economy ,

'Banking, financial, insurance sector to hire 3 lakh this fiscal'

'Banking, financial, insurance sector to hire 3 lakh this fiscal'
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.

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Third wave fears darken India Inc's road back to office

Synopsis
“There is no clarity on how the third wave will impact, how soon restrictions will be lifted, and when we can have the majority of our workforce back in office,” said Sudhir Dhar, executive director, human resources at Motilal Oswal Financial Services.
Getty Images
The uncertainty surrounding the Covid-19 situation in the country amid warnings of an impending third wave has left India Inc with no clear-cut answers about when it can call employees back to office.
While many companies, particularly in sectors such as manufacturing and industrial, engineering, automotive, FMCG, consumer durables, and healthcare, are clear that a majority of their employees will have to return to office, they have adopted a wait and watch policy with some deferring such plans until the end of August, industry officials and employment lawyers said. ....

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Indian stockbrokers clocked stellar growth while the economy went into recession

Indian stockbrokers clocked stellar growth while the economy went into recession
A record 1.42 crore new demat accounts were opened in the country in 2020.
Representational image.
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Danish Siddiqui/Reuters
If stock brokering businesses were the benchmark for India’s economic success, no one would believe that the country is going through its worse financial crisis in decades.
Over the last year, as India struggled with Covid-19 outbreaks, the country’s economy went into a recession, the unemployment rate spiked sharply and thousands of households were pushed into poverty. Many small businesses are currently hanging by a thread.
Away from this gloom and doom, stockbrokers in India have raked in crores of rupees during the pandemic. ....

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