Latest News, Updates & Breaking Headlines
MUMBAI: Life Insurance Corporation of India on Monday approved a 1:1 bonus share issue, a move that will double its paid-up equity capital and is expected to improve stock liquidity and retail participation, while leaving its financial strength unchanged. The board, at its meeting on April 13, cleared the bonus on a record date to…
British Airways is proposing a new incentive scheme that would reward pilots for reducing fuel burn and carbon emissions, with a potential bonus of up to 1% of basic salary if collective targets are metAccording to a document seen by Bloomberg, pilots would need to collectively cut their aircrafts’ carbon dioxide emissions by 60,000 tonnes…
SAP employees have reportedly raised concerns over a newly introduced bonus system in the company. A Bloomberg report, citing people familiar with the matter, said employees at the German software company have raised concerns about the new bonus payout system that favours underperforming managers while placing stricter performance expectations on lower-ranking staff.The compensation package has…
Software major Infosys on Friday announced an average organisation-wise performance bonus payout of 85% for the quarter ended December (Q3FY2025-26), with a large section of employees receiving higher variable pay, ET reported.Employees will receive the bonus along with their February salary, the company said in an email to staff.The higher payout follows a quarter marked…
WWE 2K26 is drawing closer, and it is going to be one of the most ambitious entries in the franchise’s history. As already announced by WWE and 2K Sports, the title is set to receive several special editions, each celebrating different eras of professional wrestling. The game is scheduled for release in early March 2026,…
Facebook-parent Meta reportedly revamping how it evaluates employees. As reported by Business Insider, Meta is introducing a new kind of performance program called Checkpoint which promises to offer top performances bonuses of up to 300% of their base pay. These changes announced by Meta were mentioned in an internal memo which will take into effect…
Representative image (ANI) NEW DELHI: Call it the IndiGo schedule collapse and its fallout impact. A clamour has broken out between the budget airline and Air India group over having adequate captains to avoid a repeat of what happened under the new safety-enhancing flight duty time limitation (FDTL) rules.IndiGo has had to commit to DGCA…
NEW DELHI: Call it the IndiGo schedule collapse or its fallout impact. A clamour has broken out between the budget airline and Air India group over having adequate captains to avoid a repeat of what happened under the new safety-enhancing flight duty time limitation (FDTL) rules.IndiGo has had to commit to DGCA about hiring pilots…
Guwahati: Festive spirit is palpable as shops across the city transform into twinkling wonderlands, adorned with Christmas decorations that blend global merriment with traditional charm. With the festival approaching, sellers are reporting brisk sales, signalling a profitable season amid the winter chill.Markets are stocked with a wide variety of Christmas items catering to different budgets….
Some of the key provisions of the new labour codes include minimum wages, gratuity payout for fixed term employees after a year of service. (AI image) New labour codes decoded: The government has introduced new labour codes that have wide-ranging implications for your salary structure, provident fund contributions, bonus payout, ESI benefits, gratuity payout and…
