 "Rashmi Saluja’s reappointment sparks fierce board conflict as Burman family attempts to oust her amidst rising tensions at Religare.")
Rashmi Saluja has been reappointed as a director of Care Health Insurance, a subsidiary of Religare Enterprises, with strong support from shareholders. Despite a challenge from the Burman family, who own a significant stake in Religare and wish to remove Saluja, the company confirmed she will stay on. Care Health’s board received legal advice indicating ...
Uttar Pradesh Chief Minister Yogi Adityanath has been actively monitoring the flood situation in 11 affected districts due to heavy rainfall and water release from mountains. He directed local officials in areas like Kushinagar and Kanpur Nagar to enhance relief efforts and ensure the safety of residents. Flood shelters and rescue teams have been established, ...
 "GE Aerospace plans to significantly boost sourcing from India amidst rising aviation demand, but global supply chain challenges remain.")
GE Aerospace is significantly increasing its sourcing of components from India, a rapidly growing aviation Market. With a manufacturing facility in Pune and additional operations in Bengaluru, the company currently works with 13 suppliers, including Tata Advanced Systems Ltd. Vikram Rai, CEO of GE Aerospace South Asia, noted that sourcing has surged by 20 times ...
 "In Kolkata, junior doctors protest following a tragic attack, threatening a statewide cease work amidst rising violence against medical staff.")
Junior doctors in West Bengal are set to resume a total cease work at medical colleges following a troubling incident involving the assault of doctors and nurses after a patient’s death. Their decision comes amid ongoing protests sparked by the tragic sexual assault and murder of a postgraduate trainee doctor at R.G. Kar Medical College ...
West Bengal Chief Minister Mamata Banerjee recently met with Medical College Principals and administrators to address hospital security following a serious incident involving a rape and murder case. She announced plans for a new app to enhance communication among medical students and appointed former police chief Surajit Kar Purkayastha to review and improve security measures. ...
Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, is set to campaign in Jammu and Kashmir, starting with a public rally in Ramgarh, Samba district, before moving to Chaamb for another rally. This comes ahead of the third phase of the Jammu and Kashmir Assembly elections scheduled for October 1. Meanwhile, Union ...
Credit card spending is anticipated to increase during the upcoming festival season, driven by discretionary purchases and promotional offers. However, growth may be tempered due to stricter regulations on unsecured lending and rising delinquencies in credit card payments. In August 2024, credit card transactions rose by 13.51% year-on-year, but there was a slight decline compared ...
 "India’s labor market remains stagnant with 3.2% unemployment, overshadowed by rising self-employment, amidst evolving regulatory challenges and international agreements.")
The recent Periodic Labour Force Survey report for July 2023 to June 2024 shows that India’s unemployment rate remains steady at 3.2 percent, unchanged from the previous year. However, the report reveals significant challenges in the labor Market, including a growing trend of self-employment, with over half of the workforce categorized as “own account workers” ...
 "Workers at Samsung’s Tamil Nadu plant strike for wages and union rights, prompting government intervention amid rising tensions and disrupted operations.")
India’s Labour Minister has urged Tamil Nadu officials to quickly resolve a significant strike by over 1,000 Samsung Electronics workers near Chennai. This strike, ongoing since September 9, is one of the largest labor protests in India in recent years, with employees demanding better wages and union recognition. The Tamil Nadu plant is crucial for ...
 "Erik ten Hag warns of rising injuries due to congested football schedules, echoing players’ fears of overloading and potential strikes.")
Manchester United’s manager, Erik ten Hag, has raised concerns about increasing injuries among top soccer players due to a packed match schedule. His comments come after Manchester City midfielder Rodri sustained a knee injury during a game against Arsenal. Ten Hag emphasized that the heavy workload is not sustainable, stating, “It’s almost unavoidable that players ...
