Gratuity payment calculations are governed by specific guidelines outlined in the Payment of Gratuity Act. (AI image) Salaried employees quite often have gratuity as a component of their CTC (cost to company). The Payment of Gratuity Rules, 1972, stipulates that staff members become entitled to gratuity after completing five years of uninterrupted service with an…
File photo of Motor Racing driver Kush Maini. (ANI) Indian racing driver Kush Maini has been appointed as a reserve driver for the Alpine Formula 1 team before the season opener in Melbourne on March 16. The 24-year-old from Bengaluru, who currently races in Formula 2, joined Alpine’s junior program in October 2023 and will…
The new head of the Food and Drug Administration division that regulates infant formula was in recent months a corporate lawyer defending a top formula maker from claims that its product gave rise to debilitating harm to premature babies. Kyle A. Diamantas joined the F.D.A. last month to lead the food division, leaving the law…
Lewis Hamilton suffered a ‘minor crash’ during his second outing as a Ferrari driver on Wednesday, January 29. Hamilton, a seven-time World Champion in Formula 1, was taking part in a private test at the Circuit de Barcelona-Catalunya on Thursday. Hamilton moved to Ferrari from Mercedes after the end of the 2024 season, his second…
Rohit Sharma and Babar Azam (Agency Photos) NEW DELHI: The International Cricket Council (ICC) on Thursday confirmed that the upcoming ICC tournaments will adopt a hybrid model to address the prolonged impasse over India’s unwillingness to visit Pakistan. In a statement, the ICC said, “The ICC Board has approved that all matches between India and…
India have been hit back hard by Australia who levelled the five-Test Border Gavaskar Trophy at 1-1 with a thumping 10-wicket win in the second Test at Adelaide. As the visitors reel under the heavy defeat, they hope to bounce back in the next match at The Gabba in Brisbane.Analysing what led to India’s defeat…
This is an AI-generated image, used for representational purposes only. Scientists in Spain may have taken a giant leap in safeguarding Earth from potential asteroid collisions. A study published in the ‘Monthly Notices of the Royal Astronomical Society’ highlights a new formula that uses the gravitational bending of light to pinpoint the precise locations of…
Formula One announced Monday that “an agreement in principle” has been reached “with General Motors to support bringing GM/Cadillac” to the grid as the sport’s 11th team in 2026. “We’re excited to partner with General Motors in bringing a dynamic presence to Formula 1,” Dan Towriss, CEO of TWG Global’s motorsport business, said. “Together, we’re…