Karnataka CM Siddaramaiah on Wednesday said that the bill enforcing 50 per cent reservation for administrative posts and 75 per cent for non-administrative posts for Kannadigas in private sector organizations, industries and enterprises has been temporarily put on hold.
Karnataka's Deputy Chief Minister DK Shivkumar on Wednesday spoke on the state government's decision to reserve jobs in the private sector for Kannadigas and emphasized that investors need not be concerned. The Karnataka state cabinet on Monday approved a bill enforcing 50 per cent reserv
Private equity (PE) investments surged to USD 3 billion in the first half of 2024, reflecting a 15 per cent increase compared to USD 2.6 billion during the same period in 2023, according to Knight Frank India report.
Nasscom, which represents the technology and software landscape in the country has expressed its concern regarding the passage of the Karnataka State Employment of Local Industries Factories Establishment Act Bill, 2024.
Karnataka Chief Minister Siddaramaiah announced on Wednesday that the cabinet, in its Monday meeting, approved a bill enforcing 50% reservation for administrative posts and 75% for non-administrative posts for Kannadigas in private industries.
India is well positioned to be a driver of greater wealth, says a global wealth report by Boston Consulting Group (BCG). In 2023, India has generated roughly USD 590 billion in new financial wealth, marking its largest increase in the history. India will add about USD 730 billion annually to
"...If you want to promote Kannadigas for jobs, spend more money on higher education. Give training to them. Spend more money on skill development. Spend more money on internships, spend more money on apprenticeship programs. So they all become skilled. Not like this. What are you trying to
"Keeping the interests of #Kannadigas paramount, I will discuss this issue with the Hon'ble CM Sh @siddaramaiah, IT-BT Minister, Law Minister, and Labour Minister. We will have wider consultations. We will ensure that the interests of Kannadigas are protected, alongside those of the industri
As the Karnataka cabinet approved a Bill that mandates private industries to hire 100 per cent Kannadigas for "C and D" grade posts, several industry leaders objected to the move saying that it is "discriminatory" and raised apprehensions that the tech industry may suffer.
The Bill drafted by the Labour Department claimed that jobs of industries operating in the state are going to the states of North India. The Bill states that industries that get infrastructure including land and water from the state should give reservations for jobs to the locals, and thi
In February this year, the Delhi government made a revision to the power purchase adjustment charge (PPAC) by discoms, which has led to a 6 to 8 per cent rise in the electricity bills of domestic consumers.