Though the jury is still out on the need for Aadhaar, public-sector banks are taking extra pains to ramp up enrolment, as dictated by the Ministry of Electronics and Information Technology (MeitY). The New Indian Express has reliably learnt that many PSU banks have warned their employees of coercive action, including salary cuts, if they fail to

The government’s bid to sell off loss-ridden Air India has come a cropper with not a single entity showing interest in the national carrier till Thursday, the last day for doing so. “As informed by the transaction adviser, no response has been received for the expression of interest (EoI) floated for the strategic disinvestment of AI. Further

Now over 5 lakh employers together would save around Rs 900 crore annually following the retirement fund body EPFO’s decision to cut administrative charges, with effect from June 1, 2018. The Employees’ Provident Fund Organisation’s (EPFO) trustees had decided to cut the administrative charges to 0.50 per cent from 0.65 per cent of total