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'16 hours a day': Infuriated Hyderabad techie complains of long working hours; MNC sacks employee for raising the issue

New Delhi, Feb. 5 -- A distressed multinational corporation (MNC) employee working in Hyderabad was laid off days after he complained about long working hours. With companies increasingly exploiting t... Read More


'16 hours a day': Infuriated Hyderabad techie complains of long working hours, MNC sacks employee for raising issue

New Delhi, Feb. 5 -- Distressed Multinational Corporation (MNC) employee working in Hyderabad was laid off days after he complained of long working hours. With companies increasingly exploiting its em... Read More


Indo Tech Transformers posts over 29% YoY increase in Q3 PAT

Mumbai, Feb. 5 -- PBIDT improved 15.4% YoY to Rs 35.29 crore in Q3 FY26 from Rs 30.59 crore in Q3 FY25. PBIDT margin expanded by 73 basis points YoY to 17.98% in the third quarter. Profit before tax ... Read More


Wonder Products Group explores 30-35% stake sale for about $250 million, engages PwC as advisor

MUMBAI, Feb. 5 -- The promoters of Wonder Products Group have engaged PwC as an adviser to sell a 30-35% stake in the contract manufacturing company in what will likely be its first round of external ... Read More


Deaths are state-sponsored murders: Shrinate

India, Feb. 5 -- Congress spokesperson Supriya Shrinate on Wednesday claimed that water contamination in Indore city of Madhya Pradesh has killed 32 persons, and termed these fatalities as "state-spon... Read More


Stock markets higher as heavy sell-off in IT counters spoils sentiment

India, Feb. 5 -- Benchmark indices Sensex and Nifty ended marginally higher on Wednesday as a sharp decline in IT blue-chip stocks restricted the rally in the markets. After a remarkable rally in the... Read More


Trade deals remove uncertainties, will accelerate capital formation, says SEBI chairman Pandey

India, Feb. 5 -- SEBI Chairman Tuhin Kanta Pandey on Wednesday said that end of trade frictions through trade deals like the one with the US removes uncertainties, which will help accelerate capital f... Read More


88% of individual taxpayers have opted for new tax regime

India, Feb. 5 -- As many as 88 per cent of individual taxpayers have moved to the new tax regime and the Government is not thinking of bringing in a sunset clause for filing income tax returns under t... Read More


No tax risk for foreign companies setting up data centres in India: FinMin sources

India, Feb. 5 -- The Budget proposal of a 20-year tax holiday to foreign companies which provide cloud services globally will be available only to those which have set up a MeitY-notified data centre ... Read More


RBI panel starts meet on interest rate; announcement on Friday

India, Feb. 5 -- RBI Governor Sanjay Malhotra-headed six-member rate-setting panel on Wednesday started deliberations on the next set of bi-monthly interest rate in the backdrop of growth-focused Unio... Read More