WEEKLY NEWS UPDATE
18 Jul 2025
Good salaries, flexible hours — yet employees kept quitting. Mumbai-based founder fired 3 people. Internet supports her decision
Mumbai-based founder Vedika Bhaia addressed employee turnover by firing underperformers, leading to improved retention. She fostered a positive environment by establishing a physical office to boost team energy. Proactive pay hikes, random treats, and public appreciation became the norm. Bhaia prioritized quick decisions, high standards, and hiring passionate individuals, resulting in improved morale and performance.
23 Jan 2025
8th Pay Commission salary news: The announcement of the new pay commission came months after the dearness allowance (DA) payable to central government employees reached 50% of the basic pay. However, this was on the expected lines.
8th Pay Commission news: The Union government recently decided to set up the 8th Central Pay Commission (CPC)
25 Nov 2024
Gautam Adani indicted in U.S. over charges of bribery, securities fraud.
5- count criminal indictment issued, charges include promising over $250 million in bribes to Indian Government officials to secure solar energy contracts, conspiracies to commit security fraud, and orchestrating a 'multiple-dollar scheme' to defraud U.S. investors; Adani Group denies allegations.