Government rejects Coal India execs’ demand for pay parity

The government has said that current salaries are in line with guidelines of the department of public enterprises (DPE).It has also asked Coal India to ensure that salaries of workmen do not exceed that of executives.

For France’s Jobless, Macron Aims to ‘Make Work Pay’

As part of his efforts to revive France’s economy, President Emmanuel Macron is preparing to change rules for unemployment benefits.“There are thousands of hairstylists on the jobless rolls, but we can’t hire them,” Mr.

GCPL Chairman Adi Godrej's FY19 remuneration 114-times higher than firm's median pay

New Delhi: Godrej Consumer Products Ltd (GCPL) Chairman Emeritus Adi Godrej's total remuneration in 2018-19 was 114.18 times higher than the median pay of the company's employees, while that of MD and CEO Vivek Gambhir was 311.

Air India doesn’t have funds to pay employee salaries beyond October

NEW DELHI: Air India won’t have enough money to pay salaries to its employees beyond October amid upcoming debt repayments and plans by the government to sell its 100% stake in the airline, senior officials told ET.Another government official said the Rs 2,500 crore would be used to clear dues of vendors including oil companies and airport operators and to pay salaries for a few months.

Merrill Lynch Commodities to Pay $25 Million to Resolve Government Investigation

will pay $25 million to resolve a government investigation looking into a “multiyear scheme by MLCI precious metals traders to mislead the market for precious metals futures contracts traded on the Commodity Exchange Inc.”

The Justice Department said between 2008 and 2014 some Merrill Lynch precious metals traders placed fraudulent orders to “manipulate the market by creating the false impression of increased supply or demand.

Vande Bharat to pay for itself in a year: Railway Board member Rajesh Agrawal

59 AM ISTNEW DELHI: Vande Bharat, country's first indigenous semi-high speed train, will pay for itself in about 12-15 months going by its current earnings of around Rs 7 crore per month from the Delhi-Varanasi daily service.Addressing industry leaders at a meet organised by CII, Railway Board member Rajesh Agrawal said, "We are confident that the amount spent in manufacturing the first Vande Bharat Express will be recovered in 12 months or so considering the revenue its generating from sale of tickets.

IBM to Pay Nearly $15 Million for Issues Tied to Maryland’s Health Exchange

8 million to settle allegations regarding misrepresentations made about software capabilities and other technical issues that hurt the Maryland online health exchange.8 million to settle allegations regarding misrepresentations made about software capabilities and other technical issues that hurt the Maryland online health exchange.

Huawei Presses Verizon to Pay for Patents

pressure to shun Huawei.But the company's prevalence in existing telecom networks and dominance in 5G technology make that nearly impossible.

Airtel to pay Tanzania $26 million, cancel debt at unit to settle dispute

Reuters|Jun 11, 2019, 10.06 AM ISTPTIBharti Airtel Executive Chairman Sunil Bharti Mittal said he hoped would the deal would "give a fresh start to the company.

Passengers May Pay a Lot More. Drivers Won’t Accept Much Less.

It was the entry of so many competing miners that drove average earnings down so low that most of them barely made enough to stay in business.It’s not as easy to measure drivers’ average wages — and, therefore, their price sensitivity — as you might think.

Google Pay looks beyond UPI, card payments in the works

A consumer paying through Google Pay currently has to use UPI, which is connected to a specific bank account.10 AM ISTAgenciesGoogle Pay is expected to soon offer Indian consumers the option to pay through debit or credit cards saved on the platform.

Tata Sons may have to pay over Rs 1,500 crore GST on Docomo payout

The Directorate General of GST Intelligence is probing Tata Sons’ $1.Both sides agreed to implement an arbitration award that required the Tata Group to pay Docomo for its 26.

AT&T’s Pay-TV Subscribers Continue to Flee

The cable industry is undergoing a major transformation, as more Americans cut the cord on their cable subscriptions and flock to streaming services like Hulu and Netflix.Illustration: Shaumbe Wright/WSJAT&T Inc.

Stop & Shop Strike Ends With Union Claiming Victory on Pay and Health Care

Details of the proposed three-year agreement will not be made public until the 31,000 union members across five locals ratify the contract.The union said in a statement: “The agreement preserves health care and retirement benefits, provides wage increases, and maintains time-and-a-half pay on Sunday for current members.

The e-commerce trends to pay attention to in 2019

This means that future e-commerce operations will have to think about the international market much more than they previously did and that innovation and regulation in the e-commerce industry will steadily migrate away from the West and towards emerging markets.This method moves away from traditional business models that have high overhead costs, which are simply unacceptable in the e-commerce industry.

mumbai: RCom asked to pay infratel Rs 39 crore for early infra site exit

Mumbai: An arbitration tribunal has ordered Reliance Communications (RCom) to pay Bharti Infratel Rs 39.The tribunal has also levied an interest amount that the telco has to pay to the infrastructure player.

delhi high court: Delhi HC asks RBI to explain how Google's G Pay is operating

The division bench comprising of Delhi Chief Justice Rajendra Menon and Justice Anup Jairam Bhambhani was hearing the petition filed by Abhijit Mishra.19 PM ISTAgenciesNEW DELHI: The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) to explain how Google's mobile payment app G Pay is facilitating financial transactions without requisite authorisation.

Johnson & Johnson: J&J agrees to pay only Rs 25 lakh compensation for faulty hip implants

In March this year, a committee under Dr Arun Kumar Agarwal submitted its report to the health ministry with its final recommendation.47 PM ISTBCCLJ&J statement to the Delhi HC comes a month after the drug controller directed the company to pay up two patients in Maharashtra Rs 65 lakh and Rs 74 lakhOn Monday US device maker Johnson and Johnson (J&J) agreed to pay a compensation of Rs 25 lakh to patients who received the faulty hip implants.

Gasoline prices up 8 straight weeks, with California on track to pay the most in nearly 5 years


Markets/commodities reporter

Gasoline prices at the pump have climbed for eight weeks in a row, and California is expected to soon pay an average of more than $4 a gallon for the first time in almost five years, according to GasBuddy.It also means Americans will pay nearly $200 million more at the pump today than back in early January, he said.

4 Steps to Help Your Support Equal Pay

Image credit: Jacob Lund/ShutterstockThe gender pay gap is nothing new; the first National Equal Pay Day occurred 23 years ago.April 2nd, National Equal Pay Day, symbolizes how far into the year women must work to earn what men earned in the previous year.