In recent times, the Indian startup landscape has made remarkable progress. Fuelled by the emergence of digital technologies and a surge in young entrepreneurs, India has established itself as the 3rd largest hub for startups globally. With a flourishing economy, increasing technological innovations disrupting traditional business models and a vast reservoir of talented individuals, Indian startups have tremendous opportunities in several promising sectors like fintech, e-commerce, renewable energy, health technology,
It is an industry practice to engage persons on a contractual basis, particularly where the work is clearly delineated and the relationship is closed-ended, with a consolidated payout made to such person(s), conditional upon the deliverables, quality, timelines and other associated objectives. Such arrangements also envisage non-exclusive freelancer-like engagements, with the person so engaged being free to enter into other contracts and serve several clients/organizations simultaneously. A legal conundrum arises
Introduction As the world continues to grapple with the aftermath of the pandemic, the global economy has been hit hard, with businesses across various sectors struggling to stay afloat. The recent conflict between Ukraine and Russia has only added to these challenges, causing an economic slowdown and increased job insecurity worldwide. This has impacted the Indian Labour market wherein companies have already started downsizing their workforce. The IT and ITES
Introduction As India continues to progress on its development journey, it has seen significant advancements in key sectors such as Information Technology, Infrastructure, Automobile, and Agriculture among others in recent years. The government in the process of uplifting the standard of living of its population has put in place several policies and enactments to promote growth and progress in these industries. Some jobs require employees to work overtime due
Reductions in force (RIF) have seemingly become rampant, particularly in the IT/ITeS/BPO industries, with many companies letting go of their employees for the stated reason of poor employee performance. Recently, the Indian Edtech company Byju’s made headlines for issuing performance notices to 5000 employees for not meeting their sales target. On the same lines, earlier this year, Unacademy, also an edtech company, dismissed 150 employees in its sales and marketing
The Union Labour Minister Bhupender Yadav stated that the Centre notified four labour codes in consonance with the norms set by the International Labour Organisation (ILO). The proposed four labour codes subsuming 29 existing labour laws have been notified by the Central Government between 2019 & 2020. In the interest of brevity, this article examines the norms set by the ILO with reference Occupational Safety, Health and Working Conditions Code,2020.