Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
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Pharma, insurance and consumer goods companies try to tap the business opportunity
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
'We will continue to refine our operating model to drive more simplicity and nimbleness.'
Large number of buyers has put purchases on hold because of a combination of factors, including high fuel prices, higher insurance cost, and firm interest rates.
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
Factors like high fuel prices, higher insurance cost and firm interest rates kept buyers away, especially in case of passenger vehicles.
The first half of 2019-20 will be under pressure, since prices are expected to go up by Rs 7,000-8,000 at a time when sentiment is poor.
TCS plans to build ignio as a standalone company.
The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.
'We expect realisation will be flattish for the rest of the fiscal (year).'
Bajaj Finserv has few opportunities and challenges to overcome in 2015.
Shameen Alauddin finds out more about Touchkin which has raised $1.3 million to develop an artificial intelligence coach for your behavioural and mental health.
Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to 6%.
The next phase of the COVID-19 vaccination drive for people above 60 years and those aged 45 and above with comorbidities will begin from March 1 and registration on the Co-WIN2.0 portal will open at 9 am on Monday.
Customers would not have to pay for the additional repairs to their Brio, Amaze or CR-V, built between September, 2011 and July, 2014, recalled by Honda Cars India to replace faulty airbags.
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
While two-wheeler sales are down 15 per cent year-on-year, passenger vehicles sales are lower by 5-7 per cent.
Inter-ministerial programmes have run into obstacles as rules written by bureaucrats hamper rather than promote investments.
The record in net addition from the top four was in 2016-17, of 59,427 employees.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
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Currently, the Shannon Development Centre employs over 200 professionals, delivering IT and business process services' offerings to marquee retail banking and insurance customers across Ireland and the UK.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
SBI, LIC and HDFC, have showed double digit growth.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
Street may be ignoring TCS headwinds as the stock's peak valuation doesn't seem justified by BFSI weakness, likely higher US tax rates and stronger rupee, reports Ram Prasad Sahu.
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TCS is confident of bringing in industry-leading numbers, despite soft third quarter results
The highest salary rose by 14.22 per cent from last year.
Adhil Shetty, CEO, BankBazaar.com shares his thoughts on what could help make digitisation and going cashless easier in the New Year.
Management campuses are expecting the rise in pre-placement offers to ease the final placement process.
He will be in Mumbai for a day to deliver a keynote address at Future Unleashed.
'What has gained prominence are 'human' skills like creativity, originality and initiative, critical thinking, persuasion, and negotiation, as well as attention to detail, resilience, flexibility and complex problem-solving.'
