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Rebooting Tech Mahindra: New CEO Mohit Joshi takes charge

Having had a smooth transition thanks to his predecessor C.P. Gurnani, a Tech Mahindra veteran, new CEO Mohit Joshi is now all charged up to ensure his new growth strategy begins working for the company - Issue Date: Apr 14, 2024 ....

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Mass tech layoffs: The war for talent is over

As interest rates rise and growth slows, Silicon Valley bosses have begun to reclaim power from workers by slashing perks and initiating massive layoffs. ....

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Youngkin releases comprehensive economic development policy

RICHMOND — Governor Glenn Youngkin today unveiled “Compete to Win,” a comprehensive economic development policy to grow Virginia’s economy which he announced at the 2022 Virginia Economic Summit hosted by ....

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Hoyer, Jeffries Send Letter to Appropriations Committee & House Administration Committee Leadership Urging Better Benefits for Congressional Staff in 2023

WASHINGTON, DC – Earlier this week, House Majority Leader Steny H. Hoyer (MD-05) and Democratic Caucus Chairman Hakeem Jeffries (NY-08) sent a letter to ....

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An alarming diktat: On Satyadeo Narain Arya's assent

Haryana’s new ‘75% jobs for locals’ law is a harbinger of doom
Haryana Governor Satyadeo Narain Arya’s assent to a law regulating private sector hiring portends a potentially perilous slide in India’s investment climate and its socio-economic framework. The Haryana State Employment of Local Candidates Act of 2020 seeks to ensure that 75% of all jobs with gross monthly salaries of up to ₹50,000 are provided to the State’s own residents. The clamour for preserving economic activity for ‘sons of the soil’ is a recurrent theme now Andhra Pradesh (AP) had passed a similar law in 2019, and the Madhya Pradesh CM has promised one to reserve 70% private sector jobs. Haryana’s law could face legal challenges like AP’s did, as it ostensibly flies in the face of the Constitution, especially Article 19(1)(g) and Article 16(2). Operationally, the law imposes onerous and contentious responsibilities on key personnel of firms in the State, including those with as few ....

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