Mukesh Ambani, who took over the reins of Reliance Industries Ltd (RIL) after the sudden demise of his legendary industrialist father Dhirubhai Ambani, completes 20 years at the helm during which the company saw a 17-fold jump in revenues, 20-times surge in profit and has become a global conglomerate.
Fairwork India Ratings 2022 Report, which assessed platforms against five principles: Fair Pay, Fair Conditions, Fair Contracts, Fair Management, and Fair Representation, found that Amazon Flex, Dunzo, Ola, PharmEasy and Uber scored zero out of 10 points. "This year, no platform scored more than seven out of the maximum of ten points, and none scored all the first points across the five principles," the report said.
​​The group said it will focus on start-ups across agro-tech, fin-tech, ed-tech, ecommerce, and several other industries. Besides, the group will also invest in 100 women-led start-ups to encourage women entrepreneurs in India.
In an earlier order, the PCAOB announced that it had censured KPMG Assurance and Consulting Services LLP, a registered public accounting firm, and a KPMG partner, along with KPMG India, and imposed civil money penalties of $1,000,000 on KPMG India and $75,000 on the partner.
Top firms like Microsoft as well as the leader of computer-based testing Pearson Vue are also looking at a possible association with the Indian skill education ecosystem, officials in the know told ET.
"Barring the pandemic and the global financial crisis, next year may mark the lowest global growth since the millennium began. We will need to keep careful watch on commodity price rises, in particular. However, the global environment has several risk factors, including the energy crisis in Europe, the battle to contain inflation to avoid recession, and ongoing geopolitical conflicts" he said.
Moderating inflation, increasing consumption, consumer confidence and investment patterns were some of the reasons cited by the Tata chairman for his remark on Indian economy.
The eldest son of late Nandlal Madhavlal Dhoot, who founded the Videocon Group in 1984, Venugopal was largely responsible for driving the conglomerate to diversify into various verticals, such as oil and gas, real estate and retail, beyond its successful consumer electronics and home appliances business.
Sectors like manufacturing, engineering, infrastructure and energy had taken a conservative approach in the last appraisal cycle; most employees received single-digit percentage increments. As activities have started picking up, employees working in these sectors have high expectations for the upcoming appraisal cycle.