While the exact number of impacted employees is not known, macroeconomic variables and inflationary pressures have seemingly made the company prioritise the core healthcare segment.
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The announcement made in line with the Budget 2023-24 will come into effect retrospectively from April 01, 2023.
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Data also highlights that approximately 10.09 lakh members re-joined EPFO membership.
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The report further stated that investors holding AT1 bonds have already approached law firms to take legal recourse against Credit Suisse AG.
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Considering the records of treatment at VIMHANS, the tribunal had earlier observed that there is no reason to refute the emergency as indicated in the certificate issued by VIMHANS and the fact that the respondent was operated on November 04, 2017, makes it clear that there was a medical emergency.
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The wage revision will come into effect from July 1, 2021.
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The move comes after the company acquired Metro Cash and Carry.
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Mondee, State Steet and VXI Global Solutions are the new additions to the list of companies that have committed to make major investments leading to more job creation in Hyderabad.
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