Rajasthan demands Rs 2645 Cr. relief fund from Centre for assistance
The Rajasthan Government has demanded Rs. 2645 crore from the Centre as ...
RBI tightens compensation package rules of private bank CEOs
RBI tightens the compensation package rules of private bank CEOs with half remun...
RBI issues new compensation norms for pvt bank CEO remuneration
The Reserve Bank of India (RBI) has told private banks to raise the variable ...
Draft law proposes compensation for faulty medical devices, implants
At present, there are no legal provisions to compensate patients facing health problems due to faulty implants or medical devices. The draft legislation, titled Medical Devices (Safety, Effectiveness and Innovation) Bill, 2019, has been put up for consultation within ministries. It aims at regulating all locally-made and imported medical devices.
RBI issues new guidelines over private bank CEO remuneration
RBI said that at higher levels of responsibility, the proportion of variable pay should be higher.
Kulgam attack: Mamata seeks 'strong' probe, announces Rs 5 lakh compensation
West Bengal Chief Minister Mamata Banerjee demanded a "strong investigation" into the killings of five labourers from the state in Kulgam region, Kashmir. She took to her Twitter handle condemning the incident and demanding investigation sooner.
Maradu flats: SC asks Kerala govt to pay Rs 25 lakh interim compensation to all flat owners
The top court said the attached bank account of the builders will be detached for depositing Rs 20 crore with the committee. The bench also asked builders to submit their banking details on affidavit with the court.
SC refuses to entertain plea challenging Jet Airways' 'failure' in returning money to passengers
The PIL was filed before the Supreme Court seeking refund and compensation for the Jet Airways passengers.
Infosys announces stock incentives for nearly 7,000 mid-level employees
The development comes as Infosys grapples with allegations of unethical measures being adopted by senior management to boost revenues & profits. In April, Infosys' board had approved performance-based stock ownership programme for employees.
IRCTC to pay around Rs 1.62 lakh as compensation for late running of Tejas Express
Since it began commercial operations from October 6 for six days a week, the train has maintained a tight schedule. Under IRCTC's policy, an amount of Rs 100 will be paid in case the delay is for over an hour & Rs 250 for delay of over 2 hours.
Compensate Bilkis Bano in 2 weeks: Supreme Court to Gujarat
Solicitor General Tushar Mehta said that the state government wanted to file a review in the case. “We want to file a review,” he told a three-judge bench led by Chief Justice Ranjan Gogoi.
Side effects of medical devices: Panel chalks out formula for compensation
Recommendation to be sent to health ministry for incorporation in the Drugs and Cosmetics Act.
Farmers in Karnataka threaten protests over delay in crop-loss compensation
Farmers in the flood-hit regions of Karnataka are looking for immediate relief in the form of cash compensation for crop loss, which has been pegged at Rs 1,150 crore.
States say no to 15th Finance Commission's offer of lower rate of compensation
The 15th Finance Commission has suggested that annual growth rate of 14% for compensation is too high and should be lowered for the remaining compensation period.
In a first, rail passengers to be compensated for delays on board IRCTC's Tejas Express train
An amount of Rs 100 will be paid in case the delay is for over an hour and Rs 250 for delays of over two hours, the IRCTC said ahead of the launch of its first train.
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