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Rollout of all 4 labour codes likely in April

New Delhi: The Centre has firmed up the rules under all four labour codes and could notify them shortly for implementation in April, officials said.A senior government official told ET that the labour and employment ministry has finalised the rules and these will be notified soon after vetting by the law ministry. The four codes-the Code on Wages, the Code on Social Security, the Industrial Relations Code, and the Occupational Safety, Health and Working Conditions Code-have streamlined India's regulatory framework by consolidating 44 labour laws to 29 provisions.The government had notified the labour codes with effect from November 21, 2025, and had put out the draft rules across the 4 codes in public domain for consultation as mandated by law.Views were received till January, after which they were considered by the ministry to finalise the rules in the central sphere.The rules, once notified, will pave the way for social security for unorganised workers, including gig and platform...

Indian MALE drone plan feels war heat, gets delayed

from Economic Times https://ift.tt/vRONdTt

New airport brings a $1 bn plot twist for Noida

Jewar’s realty market is flying high as the much-awaited Noida International Airport (NIA) was inaugurated by Prime Minister Narendra Modi on Saturday. An investment of nearly Rs 11,200 crore ($1.2 billion) has been made in the first phase of the project, which will handle 12 million passengers annually. Once fully developed, the airport will have a total capacity of 70 million passengers.Billed as India’s largest upon completion, the six-runway airport is planned across 7,200 acres and counts Zurich Airport International AG as its sole investor.ALSO READ: PM Modi inaugurates Noida International Airport, Delhi-NCR’s second international airport at JewarIt is one of the biggest projects in India’s infrastructure overhaul that has seen billions being poured into building bridges, highways, ports and airports. The success of large-scale projects with foreign investment, such as the Jewar airport, is crucial for India’s economy to continue attracting overseas capital.The Jewar facility is ...

Who was Vijaypat Singhania?

from Economic Times https://ift.tt/c65zDZ4

Govt eyes integrated farming to lift rural incomes

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Mukesh Ambani’s mega IPO Reliance Jio is said to set bank fees in line with NSE

Reliance Industries Ltd. has set investment banking advisory fees for the planned initial public offering of its telecom unit at about 0.65% of the issue size, according to people familiar with the matter, largely in line with those to be paid by National Stock Exchange of India Ltd.Based on a potential offering size of up to $4 billion for Jio Platforms Ltd., the total fee pool may be as high as $26 million, with the bulk likely to be shared among lead banks such as Kotak Mahindra Capital Co. and Morgan Stanley, the people said, asking not to be identified because the information is private.The fee distribution may ultimately depend on the client coverage from the banks and the company’s own discretion, two of the people said.A representative for Reliance didn’t immediately respond to requests for comment.Jio’s IPO could be India’s largest-ever listing and the first by a major unit of billionaire Mukesh Ambani’s flagship company, Reliance, in almost two decades.Jio’s banking fees are ...

IPL: Google, BCCI partner to bring AI-driven insights

from Economic Times https://ift.tt/qmiLb9R