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    WAGE HIKE

    HCL Tech Q4 Preview: Will growth surprise investors after weak Wipro earnings?

    HCL Technologies is poised for a mixed March quarter, anticipating steady year-on-year growth but a sequential dip due to software seasonality and rising costs. While revenue is projected to climb annually, a slight quarterly decline is expected. Margins may face pressure from wage hikes and restructuring. Investors await insights on future guidance and AI's impact.

    Noida MSMEs flag wage hike amid rising costs, seek financial relief, subsidies

    MSME entrepreneurs in Noida and Greater Noida have flagged rising costs and policy imbalance following the recent hike in wages and overtime.

    Govt revisits plan to raise wage cap for PF coverage

    The government is considering a significant increase in the provident fund wage ceiling. Current limits may rise to ₹25,000 or ₹30,000 monthly from ₹15,000. This move aims to prevent workers from being excluded from social security due to rising wages. Discussions are underway with stakeholders to finalize the new ceiling. The Employees' State Insurance Corporation ceiling is also being reviewed.

    Noida workers have 'long-endured exploitation', says SP leader as delegation denied meeting with protestors

    Samajwadi Party leaders were stopped by police Friday while trying to meet protesting factory workers in Noida. Senior leader Mata Prasad Pandey alleged the administration failed to act on long-standing worker exploitation. He claimed workers are missing and falsely accused. Thousands of factory workers had previously announced a strike demanding wage hikes, which turned violent.

    Noida workers' unrest: Action against 203 contractors labour law violations

    Noida authorities are taking strong action against contractors. Licenses of 203 contractors are being cancelled. Firms are being blacklisted for violating labor laws. Over Rs 1.16 crore in dues will be paid to workers. This follows recent labor unrest and a 21 percent wage hike implemented from April 1. Strict action will follow for any further violations.

    Pakistan's 'invisible hand' behind Noida protests? 2 Pak-based X accounts spread fake death claims to trigger labour violence, confirms police

    Pakistan Noida protest link: Noida Police have identified two social media accounts on X, operated from Pakistan via VPNs, for allegedly inciting workers during the April 13 labour unrest over minimum wage hikes. The accounts, Anushi Tiwari (Proud Indian) and Meer Ilyas Inc, reportedly spread misinformation regarding multiple deaths to escalate tensions.

    The Economic Times
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