EPFO seals bank accounts of over 600 companies

Indore

Employees Provident Fund Organisation has sealed the bank accounts of 636 organisations and attached the properties of seven others for alleged irregularities in paying their employees’ PF contribution in Madhya Pradesh. pti

New Delhi
Ola ropes in ex-Goldman executive Sunil Shirguppi

Ola on Friday said it has appointed ex-Goldman Sachs executive, Sunil Shirguppi as vice-president, Engineering. He will work towards enhancing capabilities in Data Science and Machine Learning at Ola. pti

New Delhi
TCS top employer in the US for 2nd year

TCS has been named as a top employer in the US for a second consecutive year by the Top Employers Institute, an employer certification agency. It was recognised as an exceptional performer across nine categories. pti 

Chandigarh
SBoP lends Rs 6.35 cr to women entrepreneurs

State Bank of Patiala has sanctioned 410 loans for women entrepreneurs amounting to Rs 6.35 crore. The programme was held on International Women’s Day and was inaugurated by managing director SA Ramesh Rangan. TNS

Beijing
China steelmaker to cut up to 50,000 jobs

One of China’s largest steelmakers, Wuhan Iron and Steel plans to shed up to 50,000 jobs, its chairman said, as the country struggles to reduce overcapacity while growth in the world’s second-largest economy slows. AFP