CAREER


An article on Justworks.com begins with a powerful statement, “Work-life balance isn’t just a buzzword — it’s a critical factor in attracting, retaining, and inspiring top talent around the world.   Apparently, this does hold sway at Larsen & Toubro (L&T). Its chairman, SN Subrahmanyan,...

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  Hitopadesha, is a Sanskrit text that contains fables, aphorisms and maxims to provide healthy advice and guidance to people in dealing with day-to-day predicaments and dilemmas.    There occurs an interesting couplet which lists out the enemies of a householder.    They are, a father,...

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Sahyaja MS (Bar  and   Bench) 16 January 2025
The indefinite strike by 156 contractual and outsourced staff members of the Mumbai Bench of the National Company Law Tribunal (NCLT) entered its third day on Thursday, with employees citing extreme financial hardships due to delayed salaries.   The employees have alleged that have not...

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Ratna Singh (Bar  and   Bench) 10 January 2025
The Bombay High Court recently criticised the Indian Overseas Bank (IOB) for apathetically refusing to roll back a decision to transfer an employee to Chennai on promotion, even though the employee was willing to give up the promotion to take care of her disabled child in Mumbai.   A Bench of...

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Moneylife Digital Team 10 January 2025
Larsen & Toubro (L&T) chairman SN Subrahmanyan ignited a heated debate after suggesting that employees should work 90 hours a week, including Sundays, to remain competitive. His remarks, shared in a video message to employees, have drawn widespread criticism on social media. Not long ago,...

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The mantra is repeated often, and with unfailing regularity – “The only permanent feature of the marketplace is change”. And another variation – “Change is permanent”. Management gurus are never tired of repeating these – and students of management seem to be never tired of hearing them....

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Moneylife Digital Team 30 December 2024
While the total number of employees of private sector banks surpassed that of public sector banks (PSBs) during FY23-24, their attrition has increased sharply over the past three years, with an average attrition rate of around 25%, according to data released by Reserve Bank of India (RBI)....

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Moneylife Digital Team 26 December 2024
The central consumer protection authority (CCPA) has imposed penalties totalling Rs15 lakh on three coaching institutes for making misleading advertisements about their success rates in the Union Public Service Commission (UPSC) civil services examinations in 2022 and 2023.   Vajirao & Reddy...

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Moneylife Digital Team 14 November 2024
The central consumer protection authority (CCPA) has issued guidelines that all coaching institutes must disclose relevant information regarding their students and courses to prevent parents and candidates from being misled. Nidhi Khare, chief commissioner of CCPA and secretary in the...

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Sahyaja MS (Bar  and   Bench) 12 November 2024
The Bombay High Court on Monday held that marks obtained by candidates in recruitment process to public posts can be disclosed under the Right to Information Act, 2005 (RTI Act) and disclosure of the same will not amount to violation of candidates' privacy.   A Division Bench of Justices MS...

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I sometimes wonder where good manners end and where honesty begins. Where a person cannot honestly say yes to a request, even if it’s just that you want to say... And, what does he do when he has to say no, when it is not good form to say no?   When I asked aunt Reena, who was visiting us, if...

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I happened to meet Sam who had just joined the marketing division of a large Info-tech company where I was a consultant. He had an MBA from one of India's leading management institutes and had worked for two years with an international consulting company. The latter had the enviable reputation...

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Ayesha Arvind (Bar  and   Bench) 03 October 2024
The Karnataka High Court recently directed the State government to pay Rs10 lakh as compensation to Sanjana Raghunath, an international chess player, after she was denied an MBBS seat in a government medical college under the sports quota despite being eligible.   In a judgement passed on...

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Moneylife Digital Team 20 September 2024
Anna Sebastian Perayil, who cleared the chartered account (CA) exam in November and was working at the Pune office of Ernst & Young (EY), passed away at 26. In a letter to Rajiv Memani, chairman of EY India, her grieving mother, Anita Augustine, alleged relentless work pressure as the cause of...

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The news item on Vinesh Phogat, who lost the gold medal at the Paris Olympics but won millions of hearts around the world, made me think again of the concept of TRUST.   There is an old story about a monk in the Middle East who lived in a cave and became a recluse to the rest of the world....

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Moneylife Digital Team 19 September 2024
Taking cogniSance of the uproar on social media about the death of Anna Sebastian Perayil, a young chartered accountant (CA), due to work pressure in the Pune office of Ernst & Young (EY), Shobha Karandlaje, Union minister of state for labour and employment, assured a thorough investigation...

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Alleging that many fake disabled employees are working in the Trivandrum central railway station, who allegedly got jobs with the help of fake writers during their written examination, an RTI applicant’s request for the list of names of disabled personnel employed in the Southern Railways, was...

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Shreehari Paliath (IndiaSpend) 19 August 2024
In June, Bengaluru witnessed a protest by aggregator platform Urban Company's women workers in the beauty segment, categorised as ‘partners’ or ‘independent contractors’ by the gig economy.   The protest mostly stemmed from the company’s decision to bring in new terms of service without...

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Amidst the planning of Independence Day celebrations, followed by a long weekend, many among us missed a piece of important news about the rescue of Indians, who were literally kidnapped in the name of providing information technology (IT) jobs overseas from the clutches of international crime...

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Recently, there was a news article about an African runner at a world running championship who got confused just before the finishing line. Just then, the second runner who was a Spaniard gave a push to the African runner from behind, so the African became the No.1 in the race. The Spaniard...

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