Fixed-term contract staff to get gratuity benefits like permanent employees

Fixed-term contract staff to get gratuity benefits like permanent employees Under the Gratuity Act of 1972, employees completing five years of continuous service are eligible to get a gratuity payment when they leave the organisationIn a first, workers hired under fixed-term contracts will be entitled to gratuity at any time of leaving the job. Till […]

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US Fed rate hike: Indian exports may take small hit in long-term

US Fed rate hike: Indian exports may take small hit in long-term While high global demand may sustain export growth, continued investments into India can make trade uncompetitive India’s export earnings are expected to remain stable or at the most take a small hit in the wake of the US Federal Reserve raising interest rates. […]

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SEBI to focus on big bang market reforms at board meeting

SEBI to focus on big bang market reforms at board meeting Sebi to consider proposals such as making algorithmic trading cheaper and more accessible, and reducing fees charged by mutual funds to unit holders Capital markets regulator Securities and Exchange Board of India (Sebi) will consider closely supervising the work of auditors, independent valuers and […]

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Govt asks NBFCs to report details of clients to FIU-IND

Govt asks NBFCs to report details of clients to FIU-IND NBFCs have been asked to register with the financial intelligence unit FIU-IND and report details of clients under the Prevention of Money Laundering Act The government on Thursday asked non banking financial companies (NBFCs) to register with the country’s financial intelligence unit (FIU-IND) and report […]

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Market volatility seen affecting IPO plans of smaller companies

Market volatility seen affecting IPO plans of smaller companies With small-cap and mid-cap stocks declining in recent months, IPOs of small companies may attract lower valuations, say analysts The volatility in Indian stocks in the past few weeks is expected to impact the valuations of small and medium-sized companies that are preparing to launch their […]

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