RBI officers have escalated their protest over a promotion policy overhaul that ties promotions to vacancy availability instead of an earlier time-bound schedule. The Reserve Bank of India Officers’ Association has written to the governor, saying the change has triggered widespread demoralization and is seeking an immediate review to bring back assured, time-bound promotions.
SpiceJet is facing fresh scrutiny after more than 500 former employees alleged long delays in receiving full and final settlements. The controversy surfaced publicly when ex cabin crew member Rishita Bhardwaj claimed her dues remain pending three years after resignation. The claims echo SpiceJet’s broader financial and operational troubles, with regulators watching as the airline has not responded.
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The Himachal Pradesh government has directed the immediate release of the remaining 30% gratuity and leave encashment arrears for Class IV employees who retired or died between January 1, 2016 and January 31, 2022. The order clears pending dues, following earlier disbursal of interim relief and dearness allowance installments.
HUL Managing Director Rohit Jawa’s remuneration rose 3.75% to Rs 23.23 crore in FY25, reaching 146.47 times the median employee pay. The annual report also flagged an 8.46% fall in permanent employees to 6,604. Alongside this, HUL divested its Pureit water business and moved to demerge its ice cream unit amid a tougher operating environment and shifting consumer demand.
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