MONDAY BRIEFING [Merchants Of Madras]
Ascent Foundation a notforprofit peertopeer learning platform founded by Marico chairman Harsh Mariwala has recorded a more than 25 increase in members for its Chennai chapter The Chennai Chapter opened in 2018 with 25 members, now has 103 of whom 66 are firstgeneration entrepreneurs The entrepreneurial market of Chennai has always been thriving The state offers opportunities for entrepreneurial development not just from Chennai but Coimbatore Puducherry Theni Salem Mahabalipuram Erode, Madurai with a focus on both personal, enterprise growth for entrepreneurs said Mariwala at a recent event TNNRealty sector sees growth in ChennaiThe city recorded a marginal growth in sale, launch of new housing units by 2, d India has signed an agreement with the union representing 2592 permanent employees of its Chennai plant which shut on September 30 on the severance package Each employee will get an average equivalent of 140 days of gross wages per completed year of service, additional 15 lakh lumpsum The upper limit is nine years Ford India said in a statement The company as a goodwill measure has also decided to pay an additional amount equivalent to one month of gross wages as a signon benefit for employees who complete the exit process by October 14 This follows months of agitation on extent of severance pay, job security TNN
Published in The Times of India (Online) (03.10.2022)
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Published in The Times of India (Online) (03.10.2022)
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