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    Orissa High Court says surrogate mothers also entitled to maternity leave

    The Orissa High Court ruled that surrogate mothers deserve equal maternity leave, emphasizing initial caregiving's importance for child development. OFS officer Supriya Jena's 2020 petition against the denial of 180 days leave was upheld by Justice S K Panigrahi, who cited Article 21 to direct Odisha to treat adoptive and surrogate mothers equally and referred to international conventions like the Convention on the Elimination of All Forms of Discrimination Against Women to ensure non-discriminatory employment treatment. Revised rules were mandated for inclusivity. This landmark ruling supports every child's right to full development and a stable environment.

    Stock of ITD cementation tanks on Thai parent’s plan to exit the company

    ITD Cementation shares dropped 13.75% as promoter considers divesting stake. Stock surged 200% in past year, trading at PE ratio of 30.6. No final decision made yet.

    Social media companies list out worries as Centre readies data protection rules

    Social media platforms have said that undoing behavioural tracking of children and targeted advertisements are among the biggest concerns they have with the new data law the government is prepping. The companies are voicing their concerns as rules of the Digital Personal Data Protection (DPDP) Act will be released soon.

    In solidarity with their solitary kids

    While their children's voluntary solitary confinement is befuddling, one also wonders why parents need to go through the same gig. They could try and 'understand' their state of mind, not the reaction to it.

    How Indian-American businessman duped Goldman Sachs of Rs 8,300 crore

    Rishi Shah, co-founder of Outcome Health, has been sentenced to seven and a half years in prison for his role in a $1 billion fraud scheme involving high-profile investors like Goldman Sachs and Google's parent company, Alphabet. The scheme, which included inflating advertising inventory and deceiving investors and clients, was uncovered in 2017. Shah's extravagant lifestyle, funded by fraudulent activities, included private jets and yachts. His sentencing marks the conclusion of one of the largest corporate fraud cases in recent history, highlighting the consequences of deceptive business practices.

    Reliance Retail's FMCG plans stay in fast lane with funds on tap

    RCPL has raised a total of ₹1,053 crore as debt capital from the parent company over 14 months, according to the filings. RCPL began operations in November 2022 and completed its first full year in FY24. In the filings, RCPL said the proceeds will be used for business operations. A senior industry executive, aware of the plans, said the funding from the parent into RCPL will continue in this fiscal as well, since Reliance has plans to rapidly grow the FMCG business.

    The Economic Times
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