Payment of bank loans by a company is an obligation under the contract law and fraud by professionals is a criminal matter, says government official.
Axis Bank has plans to employ nearly 1,000 people under its new hiring initiative 'Gig-a-Opportunities', a model devised to attract skilled talent that can work with the bank remotely
Inducting new employees virtually and deciding about earned leave: HR managers have lots of decisions to make.
June was the fourth straight month the index was sub-50, the longest such stretch since a ten-month run to April 2014
The govet had last month announced a ten percentage point cut in corporate taxes, to get Indian levies at par with others, to spur investments.
However, the figures come a day before a much more closely watched government report and the two are frequently out of step
The study, carried out by CARE Ratings, is based on annual reports of 969 medium and large companies