An SC bench headed by Justice TS Thakur gave a free hand to the Tribunal to take action against polluting units including forcing them to shut down
The Supreme Court asked the National Green Tribunal to take action against industrial units polluting Ganga, including snapping water and power connections to them, while slamming Centre and State Pollution Control Boards for their “failure” to punish erring units.
An SC bench headed by Justice T S Thakur gave a free hand to the Tribunal to take action against such units including forcing them to shut down.
“This is an institutional failure and your story is a complete story of failure, frustration and disaster. You need to stand up against the polluting units. It will take another 50 years if the task is left to you,” the bench said on the Pollution Control Boards.
“It is our duty to ensure purification of the river. There is no gainsaying that river has significance not only in religious and spiritual psyche of the people but it is also a lifeline of people,” the bench said.
The bench asked the Tribunal to file its report after every six months on the actions taken by it in controlling industrial pollution and posted the case for further hearing on 10th December, when it will pass further order to curb domestic effluents.
Dismissing the government's pleas against the full disclosure of the names of foreign account holders, SC says the SIT will decide the future course of action
After the Supreme Court rapped the Central government for not providing it with complete information about the foreign bank account holders, the centre handed over a list of 627 Indians, who were found to be holding illegal bank accounts abroad. The first document contains the details of treaties and agreements that India has signed with other nations, including Switzerland, where black money is believed to be stashed, while the second document has all the names of the account holders. The third document contains the status report on investigation of the case.
Sources say that there are atleast 800 Indians who have foreign bank accounts in other nations. Rejecting the Centre’s argument that revealing the names of legal bank account holders would be a breach of privacy, the special bench headed by Chief Justice of India HL Dattu said, “Don’t give us your list... but the names given to you by France and Germany. If it breaches confidentiality, let it be.”
When the Centre contended that the names be revealed only after investigations proved that the accounts indeed hold black money, the court replied by saying, “Why are you taking the trouble to investigate? We have taken the responsibility to bring back the (black) money and we will decide the future course (of action),”
The court has set the date of its next hearing on 3rd December.
The Home Minister Mr Rajnath Singh said that the Centre is not interested in protecting anyone and will follow the orders of the court. Finance Minister Arun Jaitley too said, that the government had absolutely no problem in giving the list to the court.
The ruling Bharatiya Janata Party (BJP) had also accused the previous Congress government of failing to crack down on Indians parking billions of untaxed dollars abroad and had also said that the opposition will be ‘embarrassed’ if names of account holders were revealed.
The Congress, on its part, asked the government to come out with complete information without indulging in "selective leaks" and pointed out that "the Congress is not going to be blackmailed under any such threat".
High attrition has been a trend with the IT industry since a long time now. Will aggressive retention policies adopted by industry giants buck the trend?
In an attempt to retain key staff and improve employee morale, the Bangalore based IT giant, Infosys, has promoted 4000 employees this month alone. With this number, the company has given promotions to 12% of its 1,65,000 employee workforce since the beginning of the current financial year.
Promotions were given irrespective of verticals and markets. Major promotions took place in sales, delivery and business-enabling functions. As per the software exporter’s spokesperson, "We announced a quarterly promotion system earlier this year. In August, 5,000 employees across sales, delivery and business-enabling functions across geographies were promoted," said a company spokeswoman. "With the promotions we did at the beginning of this month, over 19,000 employees have been promoted since April 2014."
The current round is the fourth round of promotions this fiscal. Infosys has a long standing history of elevating staff once year and this once-a-quarter promotion system marks a shift in this long term strategy.
Though Infosys has adopted other policies too, including engaging with employees at different levels and offering 100% variable bonus payouts along with promotions, these policies seem dud as far as lowering attrition rates is concerned. Even so that in the second quarter of the current fiscal, attrition rates increased to more than 20 % in the second quarter through September, as compared to 19.5% at the end of first quarter.
Experts however, predict that these policies would show results only from the current quarter since a company of the scale of Infosys takes time to reflect improvements, be it of any nature.
Infosys says it is confident that it will bring down it attrition rate to around 14% in the coming months. "Given the amount of emphasis we place on training, we will be comfortable if attrition is 13-15%," chief operating officer UB Pravin Rao said.
Even Wipro has put in force policies to curb employee attrition, a program called 'Notch Up' has been launched to stem experienced professionals at Wipro from leaving. The company is looking to cover upto 5000 employees in three years, by giving them opportunities to study further.
This comes at a time when IBM on the other hand, is scaling down or at-least “trimming” its India operations. Reports suggested that the IBM India, Vanitha Narayanan, was sent back to the US offices. This comes in the wake of serious changes in the way the IT business is conducted, where cheap labour is no longer a sure bet, and other surer business models are required for IT companies to compete seriously with new service providers in the tech space.