Tuesday, September 15
In a move that has sparked opposition from business groups, the Victorian state government in Australia is preparing to legislate a right to hybrid work. Premier Jacinta Allan announced on Saturday that employees in Victoria may soon have the legal right to work from home at least two days a week. “This will be a new standard for working life in Victoria. Working from home works for families, and it’s good for the economy,” Allan told reporters. “Workers are more productive. It’s saving workers time and money.”— JacintaAllanMP (@JacintaAllanMP) The state government will consult with both employer and employee groups over the rest of 2025 before moving ahead with formal legislation. The proposal marks a significant shift in workplace norms as major businesses globally
GHV Infra Projects has bagged an EPC contract worth Rs 2,645 crore from Rana Exim FZ-LLC in the UAE for development of a smart manufacturing hub, the company announced on Saturday.The project is awarded to GHV Infra Projects for engineering, procurement, and construction (EPC) of Erisha Smart Manufacturing Hub consisting of Industrial and Commercial Buildings at Ras Al Khaimah Economic Zone (RAKEZ), UAE. The EPC contract is estimated to be completed within 24 months excluding 90 days of initial setup & mobilization period, the company said in a stock exchange filing."With this order, the total order book of the company has risen to over Rs 7,000 crore and shall continue to strive few more selective project options in near term," GHV Group Chairman Jahid Vijapura said in a statement.Sha
The Income Tax Department's ongoing verification proceedings against US proprietary trading firm Jane Street have hit a hurdle, with the company allegedly refusing to cooperate with investigators, officials familiar with the matter said.The tax department had sought access to data and servers used by Jane Street, but the firm refused to cooperate claiming that the servers were located outside India, these officials told ET."Their servers are located offshore, and access is being denied. The books of accounts are also maintained outside India, despite legal requirements under Indian company law to maintain them domestically," said a senior tax official, requesting anonymity. "The company has only skeleton staff in India, and they too have not been cooperating," the official added.Jane Stree
