Indian-American business leaders meet to discuss ways to make this initiative a success.
Many companies are putting HR's reputation as a back office administrator to rest by either outsourcing or automating most administrative tasks.
Though popular abroad, companies in India seem to have just woken up to the virtues of 'roadblocks'. Consider this: a fortnight back, German car maker Volkwagen 'blocked' Times of India, the largest national English daily.
India Inc resorted to salary cuts to protect their profits in the June quarter, as revenues came under pressure due to the second pandemic wave that affected nearly the entire country, a report said on Wednesday. The "weak" wage growth will prove to be a drag on the overall economic recovery in the medium term as it will affect household consumption, the report by India Ratings and Research said. An environment of pandemic-led uncertainty and elevated inflation could impact the level of spending and hence the overall demand, it said.
Notwithstanding the COVID-19 second wave hitting the nation hard, Indian organisations have displayed resilience, and the salary increment is being projected to grow from an average of 8.8 per cent this year to an estimated average of 9.4 per cent in 2022, according to a survey. According to the Aon's 26th Annual Salary Increase Survey released on Tuesday, most businesses have an optimistic view going into 2022, with 98.9 per cent of companies intend to give salary increases in 2022, as compared to 97.5 per cent companies in 2021. There is positive sentiment across most sectors, and India Inc is firmly on the path to recovery, with most firms projecting salary hikes back to FY 2019 levels by FY 2022.
US retail giant Walmart has said it is "open to an IPO" for its Indian e-commerce arm Flipkart but there is "no specific timeline" for the share sale. Both Flipkart and payment app PhonePe continue to do well, Walmart International president and CEO Judith McKenna said while speaking at the DB Access Global Consumer Conference on June 7. "We always made it clear from the day we made the acquisition or the investment, that we would be open to an IPO," said McKenna. However, she noted that there is no specific timeline for the IPO.
The Comptroller and Auditor General of India on Monday reported multiple irregularities in the accounts of units under the IT and telecom ministries, including purchases of hardware and software worth Rs 890 crore by NICSI in contravention of rules. In its audit report for financial years 2017-18 and 2018-19, the Comptroller and Auditor General (CAG) has flagged anomalies in the decision taken by state-run telecom firm BSNL, C-DoT, the Department of Posts, ITI Limited and CDAC that had adverse financial implications. "NICSI procured hardware and software costing Rs 890.34 crore through the 'Strategic Alliance' route in contravention of General Financial Rules, 2005 and departmental instructions and thus failed to ensure transparency and competitiveness in the procurement process," according to the CAG report tabled in Lok Sabha on Monday.
Indeed, there were frauds, and the politician-banker-industrialist nexus played a role in the rise of NPAs, but governance issues in Indian banking are far more nuanced and complex, reveals Tamal Bandyopadhyay.
Companies in India would empathise with Dell as their delisting experience hasn't been easy, either.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
Indian companies have done stunning acquisitions in the recent past. It was widely expected that with their frugal managerial practices, they would soon be able to recover the money spent in these acquisitions. While it has worked in several cases, in some cases it hasn't.
Motherson Sumi, Tata Steel, Jaguar Land Rover will face higher cost.
Neymar's spokeswoman said the athlete would vigorously defend himself if any claim is presented, describing the allegations as baseless and adding that the endorsement deal ended for commercial reasons.
Twitter received 94 grievances and 'actioned' 133 URLs between May 26 and June 25, the microblogging platform said in its maiden monthly compliance report as mandated by the IT rules.
In the one minute video, the Raikars have tried to include different ways to keep yourselves busy at home.
Looking at the expansion plans announced by some of the heavyweights of the Indian corporate sector, it appears as if the investment season is back in vogue.
Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?
Sports fans and players across the world frustrated by cancelled matches because of the coronavirus epidemic are turning to e-sports, with professional real-world athletes joining virtual game tournaments of football, auto racing and basketball.
The Congress considers the community to be in its fold without bothering about its representation or welfare while the BJP assumes that the Muslims would not vote for its candidates, says Shafeeq Rahman.
In an unprecedented order to check criminalisation of politics, the Supreme Court on Tuesday held nine political parties including the ruling BJP and JD (U) in Bihar guilty of contempt and fined eight of them for violating its February, 2020 order on publication of criminal antecedents of their candidates for the assembly polls.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
These jobs saw a surge in demand in April, according to TimesJobs' latest report.
'In spirit, and more importantly in its DNA, this is the Congress Inc, or Incorporated, a family-run entity,' notes Saisuresh Sivaswamy.
2014 was a year for downturn for most economies across the globe.
It was women who unambiguously bore the brunt of the lockdown joblessness, says Kanika Datta.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Hrithik Roshan is all set to return as Krrish in the fourth segment of the hit franchise.
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
'During the course of these two years, as new people have joined, we have no mental picture to associate with them and hence, have little connection with them.'
Few top honchos of India Inc did very well in 2014.
This rice pudding recipe is perfect for your Republic Day celebration.
'I am quite optimistic that sooner or later, my wishful thinking would turn into a reality.' The only hitch is that the INC president's own career ambitions may be hurt if the Congress merges with the BJP,' says Sudhir Bisht.
Bankers say it's a question of survival for debt-heavy companies.
The forthcoming budget is an excellent opportunity for the Government to fulfill its promise of high economic growth.
Bharat Ram, Chairman Emeritus of DCM Ltd, will be remembered as a leader who successfully forged partnerships between private sector and the government besides bringing international recognition to Indian business.
Nearly three-quarters of Indian business leaders believe the government has mismanaged the economy and want opposition leader Narendra Modi to lead the country.
'Good investment opportunities should not be missed.'
Bond issuances dipped 31.4% during January-June
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances