The company has told its employees that there won't be wage hikes for the financial year ending July 31, 2009, due to tight demand in the US and Europe, declining volumes and the need to further tighten expenses across business divisions. In a harsher step, the company has slashed retainer bonus, which averages 10 per cent of an employee's salary, from April 1. Travel allowance has been sharply reduced, if not curbed, in most cases.
Days after the toppling of the regime, the Egyptian military led government has asked the US and European Union to freeze the assets of top henchmen of ousted president Hosni Mubarak, but has remained mum on the bounty of the deposed president.
Glimpses from the popular event now in its 50th year.
As the night temperature plummeted to below freezing point in many parts of the Kashmir valley including Srinagar, dense fog engulfed the city and other parts.
India Inc is not flashing the pink slip yet, but multitasking is the buzzword.
You can turn out dairy-free bites using tofu instead of paneer.
Ministry of External Affairs officials summoned the Acting Deputy Chief of Mission Gloria Berbena at its office in South Block in Delhi and lodged a strong protest against a US State Department official's remarks on Kejriwal's arrest.
The sun makes its annual visit to the Gavi Gangadhareshwara cave temple in Bengaluru.
IPC Section 153 (wantonly giving provocation with the intent to cause riot) was invoked against the professor.
Last month, the Security Council Committee enacted amendments to certain entries in its ISIL (Da'esh) and Al-Qaida Sanctions List of individuals and entities subject to the assets freeze, travel ban, and arms embargo.
he popular social networking site recently began covering egg freezing, while the technology giant would start in January, spokespeople for the companies told NBC News.
We present images of brave souls across the world taking part in New Year's Day dips in freezing waters!
The coldest blast of arctic air has swept across some of United State's biggest cities. Schools were shut, public transport hit and office-goers delayed across the Midwest and New England because of below-zero temperatures.
India on Thursday said the United States State Department's recent remarks on the arrest of Delhi Chief Minister Arvind Kejriwal is 'unwarranted' and asserted the country is 'proud of its independent and robust democratic institutions' and committed to protect them from any form of undue external influences.
The income tax department will recommend de-freezing of about 100 demat accounts after it found the claims of a few individuals in the frozen accounts to be genuine.
Top Indian IT services companies - TCS, Infosys, Wipro and HCL Tech - have said that they would continue to hire freshers through campus interviews, though lateral hiring will be mostly on exception basis.
Tara turns singer in New York... Gul goes cycling... Krystle celebrates birthday...
The star ingredient of many a delicious preparation is, of course, cheese!
A SIT has begun process to freeze bank accounts of arrested accused in the Bihar toppers scam. M I Khan/Rediff.com reports from Patna.
'I have serious doubts about the longevity of the NDA government and the longevity of the 18th Lok Sabha itself.'
The PIL also seeks a direction to the Election Commission to invoke its powers to freeze the election symbols and cancel the registration of such political parties.
While about 33 per cent of the employers who froze salaries plan to defreeze them within the next six months, an increase from 17 per cent two months ago. Moreover, a majority of employers (52 per cent) are now more concerned about retaining their top performers and critical-skill employees than they were before the economic crisis hit.
Night temperatures across Kashmir dropped slightly after a day's relief, bringing back the cold wave conditions prevalent over the Valley in the last week.
'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'
Nokia said the freezing of the fixed assets would not have any impact on the day-to-day operations of the company.
Amyra attends a wedding... Ali has an announcement... Mahesh Babu goes trekking...
NGO rebuts Enforcement Directorate's charges.
Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.
The bank also slashed lending rate on credit to farmers against cold storage and warehouse receipts to 8 per cent, a bank release said.The new rates will be applicable to all customers availing loans between February 23 and May 31, 2009, the bank said.
While Season 3 is no match to the previous seasons, it would be fair to expect there is a lot more for the season to reveal in terms of romance and suspense, observes Divya Nair.
A marriage of stuffed eggplant or brinjal and South Indian-flavoured rice has a new outcome.
According to norms, census can be conducted only three months after the freezing of boundary limits of administrative units such as districts, sub-districts, tehsils, talukas and police stations.
In fresh trouble for YSR Congress chief and Kadapa MP Jagan Mohan Reddy, the Central Bureau of Investigation is freezing the accounts of three companies owned by him, including the Sakshi TV.
Cold wave tightened its grip in Kashmir Valley on Saturday as the night temperature plummeted to the season's lowest in many places, resulting in the freezing of fringes of the famous Dal Lake for the first time this winter.
The London high court had upheld the decision of the British government to freeze on India's request Quattrocchi two accounts having three million Euros and one million dollars respectively.
The former Jammu and Kashmir chief minister alleged that government employees were 'forcibly mobilised' and ferried to Modi's rally to paint a 'pretty picture that all is well' post 2019, when the Centre abrogated the provisions of Article 370 of the Constitution and bifurcated the erstwhile state into Union territories.
Networking giant Cisco Systems on Monday said it has frozen the hiring process and is adopting a wait and watch policy due to the global slowdown besides cutting costs up to $2 billion through various means. Cisco is adopting a wait and watch policy of 6-8 weeks before taking any decisions. It also plans to cuts costs up to $2 billion through measures like slashing travel costs.
Cold wave conditions remained unabated as the night temperature across Kashmir continued to stay below the freezing point with forecasts for dry spell.
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