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.
About Rs 4,257 crore worth of bids have been received so far and the Centre hopes that retail investors - those investing up to Rs 2 lakh - will place bids worth at least Rs 750 crore.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
'This is purely a brand sale. It includes the Ambassador with its variants. Peugeot is likely to relaunch the brand with multiple variants.'
Many argue that the airline could achieve its full potential if Nusli Wadia were to run it the way he does Britannia.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
Having made your point and got bail, it might be useful to reflect and reinvent your brand of journalism that am sure would still be unique, advises Sanjeev Nayyar.
The company said it needed time to restructure the organisation and significantly reduce its liabilities.
India's notoriously volatile fans showed rare maturity in accepting the end of their team's reign.
Can 3 crore out of the 8.9 crore young male population of the nine states set off on a pilgrimage that extends for about a month? If yes, then what can we infer regarding the state of the young working population in these states, asks Mahesh Vyas.
While HUL's Fair & Lovely was launched in 1975, Emami's Fair & Handsome was unveiled in 2005. Both companies now straddle both the men's and women's fairness categories in the country.
The father of the Delhi gang rape victim said people should see the documentary, India's Daughter, because it "holds up a mirror to our society".
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
The country's top FMCG stocks, such as Hindustan Unilever, ITC, Nestl, Britannia, Godrej Consumer Products, and Dabur, among others, are currently trading at around 41x their trailing 12-month earnings, down from their peak P/E multiple of around 48x at the end of December 2018.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
Testimony presented before the Bhima Korgaon Commission over the last two months reveals the background to the violence that broke out on January 1, 2018.
Sanju is a blockbuster, but did it get all its facts correct? yed Firdaus Ashraf reveals seven facts Director Rajkumar Hirani overlooked in Sanju.
Hardik Pandya spent the New Year eve with his rumoured girlfriend Natasa Stankovic
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
According to the Geological Survey of India (GSI) and UP geology and mining directorate reports, gold reserves totalling 2,944 tonnes have been found in the Sona Pahadi and Hardi blocks of the backward Sonbhadra district.
China has not limited the 'battle' to the diplomatic field alone; the People's Liberation Army has become aggressive on the ground too. The recent 'fights' in Northern Sikkim and Ladakh are part of the pattern, asserts Claude Arpi.
The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018.
In another post, Sushant said, "It's high time we care not just for lost votes, but also for our lost pilots to the negligence of this corrupt system!!"
'What can I do for my India except make films that showcase it's greatness to the world, which touch on national issues and arouse the feeling of patriotism?'
To take the Rs 49,000 crore ITC to the top slot in the highly competitive FMCG business will require some aggression.
At market close, the oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10,01,555.42 crore on BSE.
'He was such a diverse poet that he wrote the song M bole toh Master of Munnabhai MBBS and also Yeh Rishta kya kehlata hai of Meenaxi.'
'Absolute non-violence is not only sinful, but immoral.' 'This doctrine of non-violence benumbed the revolutionary fervor, softened the limbs and hearts of the Hindus, and stiffened the bones of enemies.' A revealing excerpt from Vikram Sampath's Savarkar (Part 2): A Contested Legacy, 1924-1966.
Tata Steel (then Tata Iron and Steel), the most valuable index company in 1991, is now the least valuable.
Obama also said he had emphasised the need for religious tolerance and the right to practise one's own faith during closed door talks with Prime Minister Narendra Modi during his last trip to India in 2015.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
'While the poor have little say in shaping India's intellectual or public discourse, they do have a significant role in deciding political outcomes,' points out Roshan Kishore.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'It may not be coincidental that the rise of these warriors with their bile and diatribes has come at a time when the concept of neutrality in journalism is fading.'
Take a look at photographs of the two prime ministers during PM Modi's five-day visit to Japan.
Describing the "essential nature" of the relationship between India and China as "adversarial", former foreign secretary Shyam Saran on Friday said instead of competing with Beijing in every field, New Delhi should look at its strengths and work on them.
As leaders go, while Modi's visits to the state will be watched with curiosity, Rahul will need to be dislodged from the popular consciousness -- Tamil Nadu is one state where he's present, notes Aditi Phadnis.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
''83 is a once in a lifetime story.' 'I often say that sometimes, I feel that you don't choose stories, stories choose you.' 'Why for the last 37 years was the story not made?' 'It's staring at our faces, the greatest sporting triumph for India ever.'