Employer liability on wages to be fixed in the final rules under labour code

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The labour ministry has reached out to India Inc to ascertain its view on the elements that need to be incorporated in the final rules. Synopsis Liability with regard to statutory dues including minimum wages, overtime, bonus, provident fund, insurance and gratuity could be spelt out explicitly in the final set of rules likely to … Read more

Vodafone Idea surges 9% as telco pays Rs 1,000 crore in AGR dues ahead of SC hearing

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NEW DELHI: Shares of Vodafone Idea surged 9 per cent in Monday’s trade after the telecom operator paid an additional Rs 1,000 crore to the government towards the statutory dues ahead of the Supreme Court hearing on the adjusted gross revenue (AGR) matter later in the day. With the fresh payment, Vodafone Idea made a … Read more