Photo: Business in Vancuover
Corporate Canada Resumes Trade Talks With India After 4 Years
India and Canada will relaunch negotiation for the Comprehensive Economic Partnership Agreement (CEPA), with Early Progress Trade Agreement (EPTA). The bilateral economic enhancement discussions were held during a meeting between India-Canada ministers Marg Ng and Piyush Goyal in New Delhi. The Business Council of Canada's CEO Victor Thomas also mentioned the “unique opportunity in India’s ever-growing potential - the booming economy and… read-more
Tags: Canada, India, Trade Union, corporate, Piyush Goyal
Courtesy: Hindustan Times
Photo: Hindustan Times
Vaccinated Citizens Likely Getting COVID-19 Positive More Rapidly
Though vaccines are powerful weapons against COVID-19, vaccinated citizens are likely to get coronavirus at a surprisingly higher rate than previously thought. Nonetheless, how often or the likeliness of them being spreaders are not clear. However, the scarcity of proper scientific explanations has left the public policymakers and corporate executives to plan the future with inadequate information. Many corporations are citing the lack of… read-more
Tags: Covid-19, Vaccination, Corona Spreaders, policymakers, corporate
Courtesy: NDTV
Photo: Healio
US Drug Companies To Pay Billions In Historical Opioids Settlement
A group of 15 US state attorneys general negotiated a settlement deal from large drug companies for $26 billion for allegedly distributing addictive drugs and opioids. The deal became the second-largest cash settlement ever, after the $246 billion tobacco agreement in 1998. Under the deal, the three largest US drug distributors, McKesson Corp, Cardinal Health Inc, and AmerisourceBergen Corp would pay a combined $21bn, while Johnson &… read-more
Tags: United States, Johnson & Johnson, Drugs, Attorney General, corporate, health care, Medical Supplies
Courtesy: The Guardian
Photo: MOL Information Technology
WB Offices Gears Up Maximizing Manpower To 50% From July
Thanks to the COVID-19 relaxation in Kolkata, corporate offices are now allowed to work at 50% manpower. The number has bounced from 25% to 50% for July, according to the new guidelines issued by the state government. Several offices have arranged transportation for their employees, while others have been asked to arrange their own rides. However, partial opening of the public transport is anticipated.
Tags: Kolkata, corporate, offices, employees
Courtesy: The Times of India
Photo: The Economic Times
Ordnance Factory Board To Split Into 7 Corporate Entities
The 200-year old Ordnance Factory Board is now approved by the government to be split up into seven corporate entities. The OFB looked after 41 ammunition and defence equipment facilities and housed 70,000 employees whose service conditions will not be changed. Pension liabilities are to be borne by the govt as stated by Defence Minister Rajnath Singh. The decision was taken in a Cabinet meeting Chaired by PM Narendra Modi.
Tags: ordnance factory board, Defence, Defence Minister Rajnath Singh, corporate
Courtesy: The Economic Times
Photo: National Herald India
Average Salary Hike Down to 3.6% in 2020 from 8.6% in 2019
The second phase of the 2020 Workforce and Increment Trends survey … read-more
Tags: employees, Coronavirus Pandemic, Pandemic impact, corporate
Courtesy: India Today