https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Mon, 05 Feb 2024 01:45:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2024/02/05/regular-wage-employment-for-general-category-people-worst-in-5-years-plfs/ Mon, 05 Feb 2024 01:39:22 +0000 https://thenfapost.com/?p=340532 Decline in regular wage employment in general category led to an increase in self-employment and casual work New Delhi, NFAPost: Workers in the general category saw the steepest decline in regular wage employment among all social groups in the last five years. The share of workers belonging to the general (others) category who worked as […]]]> https://thenfapost.com/2024/01/07/ideas2it-makes-most-trusted-employees-as-cofounders-of-company/ Sun, 07 Jan 2024 01:52:29 +0000 https://thenfapost.com/?p=331967 Chennai, NFAPost: In a trendsetting gesture, high-end product engineering firm Ideas2IT on Tuesday announced an initiative called employee ownership programme, aimed at providing genuine ownership to the staff to ensure a pleasurable and continuous journey. Through this programme, the Chennai-headquartered company’s employees will receive a remarkable 33% stake in the company, of which 5% will […]]]> https://thenfapost.com/2023/10/07/edtech-firm-byjus-to-lay-off-4000-employees-in-major-restructuring/ Sat, 07 Oct 2023 12:40:50 +0000 https://thenfapost.com/?p=308515 The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources Bengaluru, NFAPost: Byju’s has decided to lay off around 4,000 employees or over 11 per cent of its total workforce over the next few weeks as […]]]> https://thenfapost.com/2023/09/22/1-98-million-new-workers-enrolled-under-health-insurance-scheme-esi-in-july/ Fri, 22 Sep 2023 01:08:56 +0000 https://thenfapost.com/?p=304169 Employees’ State Insurance Corporation added 19.88 lakh new workers under its health insurance scheme ESI in July 2023. New Delhi, NFAPost: Employees’ State Insurance Corporation added 19.88 lakh new workers under its health insurance scheme ESI in July 2023. The provisional payroll data of ESIC shows that 19.88 lakh new employees were added in the […]]]> https://thenfapost.com/2023/07/24/manufacturing-companies-opt-for-flexible-work-rules-in-post-coronavirus-era/ Mon, 24 Jul 2023 14:57:29 +0000 https://thenfapost.com/?p=287179 Deloitte’s India Benefits Report 2023 findings reported that one-third of about 80 manufacturing firms have changed their policies to enable hybrid working arrangements post Covid-19 New Delhi, NFAPost: Manufacturing firms are opting for a flexible approach such as relaxations in working hours, attendance pushing, uniforms, and even allowing employees in certain roles to work remotely […]]]> https://thenfapost.com/2023/07/19/demand-for-it-gig-workers-grew-157-in-h12023-says-job-firm-awign/ Wed, 19 Jul 2023 00:43:03 +0000 https://thenfapost.com/?p=286046 Aim is to prune fixed costs, lean more on variables; demand is mostly for highly-skilled tech professionals at mid-level and senior positions, with 2-7 years’ experience New Delhi, NFAPost: At a time when the tech sector witnessed a spree of layoffs and slowdown in new hiring, IT firms have opted for temporary jobs in order […]]]> https://thenfapost.com/2023/07/04/white-collar-hiring-in-india-witnesses-3-decline-in-june-report/ Tue, 04 Jul 2023 02:18:21 +0000 https://thenfapost.com/?p=281854 As per the report, the IT industry hiring continued to remain an area of concern, with a 31 per cent decline in new jobs created compared to June last year Mumbai, NFAPost: White-collar hiring in India witnessed 3% decline in June as sectors such as IT, Retail, BPO, Education, FMCG and Insurance also showed cautious […]]]> https://thenfapost.com/2023/07/03/kerala-woman-duped-of-rs-7-74-lakh-via-telegram-for-work-from-home-job/ Mon, 03 Jul 2023 17:03:41 +0000 https://thenfapost.com/?p=281786 Falling into the trap, the victim believed the scamster was a representative from a genuine organisation with an actual job offer New Delhi, NFAPost: A Kerala-based woman has been scammed of Rs 7.74 lakh after she was approached by a fake agency that promised her a work-from-home job, The New Indian Express (NIE) reported. The […]]]> https://thenfapost.com/2023/02/09/zoom-to-lay-off-around-1300-employees-ceo-eric-yuan-taking-98-pay-cut/ Thu, 09 Feb 2023 01:52:23 +0000 https://thenfapost.com/?p=238129 Zoom announced that it will lay off about 1,300 employees, or approximately 15% of its staff, becoming the latest tech company to announce significant job cuts New Delhi, NFAPost: Zoom has announced that it will lay off about 1,300 employees, or approximately 15 per cent of its staff, becoming the latest tech company to announce […]]]> https://thenfapost.com/2023/01/21/epfo-adds-1-6-million-net-subscribers-in-november-2022-labour-ministry/ Sat, 21 Jan 2023 12:33:31 +0000 https://thenfapost.com/?p=232629 The data also highlighted that approximately 11.21 lakh members re-joined EPFO membership New Delhi, NFAPost: Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees’ Provident Fund […]]]>