QUICK COMPENSATION
Elon Musk wins back his huge Tesla payday in shareholder vote
Tesla shareholders voted to reinstate CEO Elon Musk's $44.9 billion pay package, previously rejected by a Delaware judge. The package remains tied up in court as Tesla appeals the decision.
Elon Musk sees another big advisory firm come out against his multibillion dollar pay package
Tesla CEO Elon Musk's pay package, recently valued at $44.9 billion, has been re-endorsed by ISS and Glass Lewis. The firm argued that the package was outsized and failed to achieve board objectives. It also noted that Tesla met the pay package's performance objectives and recognized the company's substantial growth in size and profitability. However, concerns about Musk spending too much time on other ventures raised in 2018 and since then have not been sufficiently addressed.
Why India needs to quickly make the best use of its working-age population
India is experiencing a rapid decline in population growth, leading to a smaller number of children and a growing proportion of elders. This shift will impact the dependency ratio and the demographic dividend in the country.
Group of Tesla shareholders ask investors to vote against Elon Musk's compensation package
A group of Tesla shareholders, including New York City Comptroller Brad Lander and SOC Investment Group, oppose a $40B pay package for CEO Elon Musk, citing falling global sales and stock prices. Concerns include lawsuits, Musk's part-time focus, and potential excessive future awards.
Envisioning a career in travel and tourism? Check out this quick know-how guide
The travel and tourism industry in India offers diverse career opportunities, with companies seeking talent in various sectors. Skills like communication, problem-solving, and industry knowledge are vital for success in this dynamic field.
Can India's quick commerce revolution be a catalyst for job creation?
Q-commerce in India, led by major players like BlinkIt, Swiggy Instamart, and Zepto, is reshaping the retail landscape. The sector's rapid expansion offers significant job opportunities, especially in logistics, warehousing, and technology-driven roles, promising continued growth.
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Envisioning a career in manufacturing? Check out this quick guide
The Indian manufacturing sector is witnessing significant growth and contributing substantially to the country's economic development. With various government initiatives in place, it's expected to create numerous job opportunities.
Looking to return to work after a break? Here is a quick guide for leaders, and women
Returning to the workforce after a career break can be challenging, but with adequate planning and effective strategies, individuals can navigate through the obstacles. Organizations have implemented return-to-work initiatives for women employees, and investing in self-improvement and leveraging social media can help ease the transition.
Woman's death at metro station: DMRC to give Rs 15 lakh compensation to next of kin
Union Minister for Housing And Urban Affairs Hardeep Singh Puri has also directed that caretaking and education of the children be ensured by the Delhi Metro management, a statement said.
Shoonya pays compensation totalling Rs 3 crore to traders after tech glitch
Shoonya, the zero broking platform, has compensated customers with Rs 3 crore ($402,000) following a technical glitch which occurred on April 13th. The error, which affected traders between 9.15am and 9.30am, left hundreds out of pocket. The glitch impacted a specific set of customers, with only first trades in that window being affected by incorrect trade values. In all, 77.5% of disputes were eligible for compensation and 77% of those eligible have been resolved, Shoonya co-founders Sarvjeet Virk and Tajinder Virk said.
Blinkit delivery workers protest in Delhi-NCR over changes in pay structure
People aware of the development said delivery partners will now be paid a minimum fee of Rs 15 per delivery, down from Rs 25 earlier. In addition, under the new structure, riders will be paid a per km fee depending on which time of the day the delivery is being made.
Borrowers to get compensation for delay in correction of credit report by credit information companies
Borrowers had to run around to get their credit history corrected after they found any error in reporting. With RBI now enhancing the grievance redressal mechanism to handle the complains about credit bureaus borrowers will have a greater say and control over the process. They will now get compensation for delay in updation and correction of their record in credit report by CIC.
Learn with ETMarkets: Planning to start your journey into options trading? Here’s a quick guide
In stock markets, we can pay a small premium and protect ourselves from losses in our portfolio, and hence options are also called as insurance of stocks. Since market moves both up and down, we need to have insurance for both Bulls and Bears and hence we have 2 types of Options.
Jefferson: Under 'no illusion' inflation fight will be quick
Inflation for a broad array of services in the United States remains "stubbornly high," Jefferson said
Musk's pay trial asks if Tesla's growth justifies $56 billion compensation
Musk and the Tesla directors named as defendants repeatedly testified that the package achieved what it set out to do -- deliver 10-fold growth in the company's stock price, enriching investors and Musk.
Resolve GST disputes quickly and smartly
The GST Council has the power to make recommendations on tax rates and a wide range of GST-related subjects. The council's decisions are based on a three-fourth majority of the members present and voting, where GoI's vote counts as one-third, while the states' votes have a weightage of two-thirds of the votes cast. Reassuringly, over the last five years, all differences have been resolved by consensus, except one that the council decided by vote. The Constitution also empowers the council to devise a system to adjudicate any dispute that 'arises out' of its recommendations.
How robots can help build offshore wind turbines more quickly
The real timesaver would be installing turbines more quickly. Erecting the giant structures requires highly specialized and expensive ships known as jack-up vessels. When they get to the site of a new wind turbine, a moveable foundation descends to the seabed to hoist the vessel out of the waves so it can work without being pushed back and forth.
Gig workers shortage hits startups; Delhivery raises Rs 2,347 crore from anchor investors
On Tuesday, Swiggy told us it has suspended Genie, its pick-up-and-drop service, in three metros. Other platforms are taking longer to complete deliveries as many workers, fed up with sky-high fuel prices and high inflation, look for jobs elsewhere.
How shortage of gig workers is affecting services of food-delivery, quick commerce startups
Zomato, Swiggy and Zepto, among others, are seeing delivery timelines being stretched as workers battle rising fuel prices and inflation in the overall economy, with some even choosing to return to pre-pandemic jobs.
Have you checked these 5 things as you change your job
This may be a great time to make the switch you have been waiting for. To make this transition smoother, here are the top five things you need to be mindful of while switching jobs.
Over 40 lakh cases settled, Rs 2,706 crore compensation awarded in Lok Adalats, says NALSA
The NALSA, in a press statement, said large crowds turned up in the court complexes across the country to resolve more than 40 lakh cases in a single day in the first physical National Lok Adalat of the year."
Newly-crowned Twitter CEO Parag Agrawal to draw $1 million annual salary
Agrawal’s annual salary will be $1 million, apart from which he will also receive restricted stock units valued at $12.5 million that will be vested in 16 equal quarterly increments, starting February 2022. While still new to the position, his quick promotions and relatively young age of 37 ensures that he will move up swiftly in the area of compensation and rewards.
Faced with medical emergency? Here are 10 quick loan options
With medical costs being sky-high, in many cases even health insurance will not be enough and such people will be left running pillar to post trying to arrange for funds. Here is a look at emergency funding options over and above a health insurance cover.
COVID can worsen quickly at home. Here's when to call an ambulance
There appear to have been two factors behind such COVID deaths at home: worry about the perceived costs and risks of seeking official health care; and the sudden onset of complications from a worsening infection.
SC pulls up Centre for delay in Covid death certificate guidelines, compensation
"By the time you take further steps, the third wave will also be over. The order on death certificate, compensation, etc, was passed long back," the Supreme Court said. On 16th August, the bench had asked for a compliance affidavit with regards to the directions for guidelines on Covid death certificates by 3rd September. However, an extension of a week (till September 11) was sought from the bench.
For hit-and-run death, government plans Rs 2 lakh compensation
The increased compensation is aimed at bringing quick relief to the victims and their immediate kin.
Italy has initiated payment of compensation for fishermen killed in 2012, Centre tells SC
“Where is the money?” a three-judge bench led by chief justice of India (CJI) SA Bobde asked Nair at the outset. “The Italian side has initiated the transfer, we will submit it as soon as we get it,” said Nair. The court then posted the case for further hearing next week.
Centre urges SC to quickly end case against Italian marines
“The victims have been contacted and paid compensation,” Solicitor General Tushar Mehta told a three-judge bench led by outgoing Chief Justice of India SA Bobde. “Now the case has to be disposed,” he said, urging the court to quickly list the case.
Power Ministry issues draft rules for change in law to allow quick compensation to power plants
The move is aimed at avoiding long drawn regulatory procedures for incontestable cases, adding to stress in the already troubled sector. It also aims to cut down frivolous litigations besides multiple cases over similar claims to enable regulatory commissions focus on genuine disputes.
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