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Employees in India may get lower salary hike in 2012: Survey
Employees across corporate India are expected to get a lower average salary hike of 11.54% in 2012 compared to last year as companies are grappling with sluggish economic activities, says a survey. As per the survey conducted by HR consulting firm Right Step Consulting, the salary hikes for India would decline to 11.54% in 2012 from 11.89% in 2011. "After having grown at the rate of 8.4% over the last two years the Indian economy slowed down considerably in the year ended March 2012 and the lower than expected growth in economy at only 6. ....
Facebook to list on Nasdaq: NYT
Popular social networking site Facebook, which will soon launch its initial public offering, has zeroed in on the Nasdaq Stock Exchange to list its sh ....
Kingfisher staff relent, accept Mallya’s assurance
The standoff between Kingfisher Airlines management and employees, agitating over delayed salaries, ended on Tuesday with the protestors accepting the ....
Global trade bodies bat for Vodafone, write to PM
Several global business associations have sought reconsideration of the retrospective amendment of the Income Tax Act in the backdrop of Vodafone cont ....
ICICI Bank to join Facebook
The country’s largest private sector lender ICICI Bank will soon join social media platform Facebook, where it plans to allow its customers to access ....
Market
Sensex tumbles 290 points in early trade
The BSE benchmark Sensex plunged nearly 290 points in early trade on Monday, extending losing streak for the fourth straight session, on sustained selling by funds amid a weak trend on other Asian bourses. The 30-share barometer, which had lost over 488 points in the last three sessions, plunged further by 289.85 points, ....
Pranab sees revival on the back of ‘strong fundamentals’
Sensex dips below 17,000 after four months
Rupee down 31 paise against dollar
U.S. slaps 80,000 dollar fine on Air India
New Product
National Australia Bank opens first Indian branch
The National Australia Bank today started branch operations in the country by inaugurating its maiden outlet in the financial capital. The branch will support existing institutional, corporate and business banking customers and also provide a link for clients looking to expand or invest in its home country with a focus o ....
Bajaj Auto launches 'Duke 200' at Rs 1.18 lakh
Suzuki launches Hayate, unveils Swish125
Hero MotoCorp unveils new range of two-wheelers
Bajaj unveils urban passenger vehicle RE60
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