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Johnson & Johnson to pay $6.5 bn to settle cancer lawsuits in US
short by Debaroti Adhikary / on Wednesday, 1 May, 2024
Johnson & Johnson has proposed to pay $6.475 billion (around ₹54,057 crore) to settle over 50,000 lawsuits in US alleging that its baby powder and other talc products cause ovarian cancer. The deal would allow it to resolve lawsuits through a third bankruptcy filing of a subsidiary company. The company will now need all complainants to vote for the plan.
read more at Reuters
ICICI and Yes bank revises savings account charges, check details
short by Sunil / on Wednesday, 1 May, 2024
In the month of May, the pockets of the common man may be a little loose. Because, some banks will revise the charges on savings account services, while others have decided to impose cess on utility payments through credit cards. ICICI Bank and Yes Bank had said that they will revise their charges for savings accounts from May 1.
read more at Business League
Old vs New Tax Regime: Which one is better for salaried people
short by Sunil / on Wednesday, 1 May, 2024
Income Tax Slabs: With the arrival of the new financial year in the country, the income tax season has also started. But, currently two tax systems are running in the country. These are divided into Old Tax Regime and New Tax Regime. Both these systems have different advantages and disadvantages.
read more at Business League
Axis Bank increased interest on FD, Check new rates
short by Sunil / on Wednesday, 1 May, 2024
Axis Bank FD Rates: Axis Bank has revised the FD interest rates. The bank has revised the interest rat es on FDs for amounts ranging from Rs 2 crore to more than Rs 500 crore. These new rates have come into effect from today, May 1, 2024.
read more at Business League
Tesla's HR head Allie Arebalo exits amid layoffs: Report
short by Mansi Agarwal / on Wednesday, 1 May, 2024
Tesla's head of human resources Allie Arebalo has exited the company after six years, Bloomberg reported. It's unclear whether she stepped down or was part of the layoffs ongoing at the EV maker. Arebalo's exit comes weeks after the resignation of Senior Vice President Drew Baglino, who was one of the four members of Tesla's leadership team.
read more at Moneycontrol
New update on 8th Pay Commission, see here...
short by Sunil / on Wednesday, 1 May, 2024
8th Pay Commission: Lok Sabha elections are going on. Will central government employees get a salary hike after the elections? In fact, for a long time, central government employee organizations have been demanding the formation of the 8th Pay Commission.
read more at Business League
Air India update! Israel flights will remain closed till this date
short by Sunil / on Wednesday, 1 May, 2024
Due to the situation of tension in West Asia, Israeli flights are going to remain suspended in future also. Aviation company Air India has shared a new update regarding flights to Israel, in which the company has said that for now we will have to wait for the flight to Tel Aviv.
read more at Business League
Salary Hike: Employees will get salary hike up to 12% this year
short by Sunil / on Wednesday, 1 May, 2024
Increment in India: The season of salary hike has arrived in the country. The appraisal process has been completed in almost all the companies. Now the employees are eagerly waiting for their increased salary. Now a survey has revealed that companies are also ready to give increment of up to 12 percent this year.
read more at Business League
Who will be responsible if luggage is stolen in the train?
short by Sunil / on Wednesday, 1 May, 2024
If you are traveling in a train and your luggage is stolen. In such a situation the question arises that whose responsibility is it? Many people lodge a complaint with the police and file an FIR. After this the case goes on in the court. After which the decision comes.
read more at Business League
Old vs New Tax Regime: Which one is better for salaried people
short by Sunil / on Wednesday, 1 May, 2024
Income Tax Slabs: With the arrival of the new financial year in the country, the income tax season has also started. But, currently two tax systems are running in the country. These are divided into Old Tax Regime and New Tax Regime. Both these systems have different advantages and disadvantages.
read more at Business League
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