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As much as an employer may wish to spare the functional alcoholic from the literal hell, alcoholism presents a delicate problem that must be handled carefully within the legal framework. There are two federal laws that significantly affect the rights and responsibilities of an employer dealing with alcoholic employees: the Americans with Disabilities Act (ADA) and the Family and Medical Leave Act (FMLA). Generally, the ADA provides that an employer cannot discriminate against an otherwise qualified applicant or employee because of a physical or mental disability. Unlike the use of illegal drugs, alcoholism, even in active form, ...
The government has nixed the expansion plans of one of its own. The proposed joint venture between SBI, the largest commercial bank in the country, and Societe Generale (SocGen) for providing custodial and depository services has hit a roadblock with the foreign investment promotion board (FIPB), the nodal body for clearing foreign investment in India rejecting the fund infusion from SocGen. SBI had, in June, signed an agreement with Societe Generale Securities Services (SGSS), a division of the French banking giant SocGen Group, to offer custodial and depository services in India through ... Read More
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