by News | Feb 24, 2023 | Initiatives
The heiress’s Tethys Invest SAS has named Cyrielle Villepelet as managing director to work alongside Chief Executive Officer Alexandre Benais, according to a statement Thursday. Francoise Bettencourt Meyers, the world’s richest woman, is bolstering her family’s...
by News | Feb 22, 2023 | Initiatives
The plan is expected to be finalized in the coming weeks, and the final number of roles to be eliminated from its 45,000 workforce could still change. McKinsey & Co. plans to eliminate about 2,000 jobs, one of the consulting giant’s biggest rounds of cuts ever....
by News | Feb 21, 2023 | Initiatives
Under the new rules, subscribers can go beyond the pensionable salary, capped at ₹15,000 per month. The Employees Provident Fund Organisation (EPFO) has introduced new guidelines, under which subscribers and employers can jointly apply for higher pension under...
by News | Feb 20, 2023 | Initiatives
According to Section 7Q of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, an employer will be asked to pay higher interest on the amount due from it from the due date of actual payment. Are you still waiting for your organisation to pay you its...
by News | Feb 14, 2023 | Initiatives
Nykaa profits: Analysts said a lower contribution from Nykaa’s higher margin beauty and personal care segment led to a lower-than-expected gross margin of 43.4%. Shares of India’s FSN E-Commerce Ventures Ltd, the parent of cosmetics-to-fashion retailer Nykaa, fell as...
by News | Feb 13, 2023 | Initiatives
The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of medicines without a licence. Amazon and Flipkart Health plus are among the 20 online sellers that have been issued...
