Virat Kohli has built such a formidable brand across the spectrum that even his occasional brash and indiscreet comments fail to tarnish it.
Corporate India is on the path to recovery after having been pummelled around in the global recessionary storm, with companies showing optimism on hiring and salary increases, says a joint Mercer-CII survey.
Indian companies are likely to give more than 10 per cent pay hike to their top executives this year amid hopes of revival in economic growth and business prospects, says a study.
'Just like humans binge on food when they are depressed, they also tend to shop for instant gratification. which is just temporary. Please do not fall into this trap,' cautions Sheetal Jhaveri.
The allocation for Rashtrapati Bhavan on Monday saw a 21.39 per cent jump with a major chunk being earmarked for Presidential secretariat expenses.An amount of Rs 38 lakh has been allocated for salaries and allowances of the President in the 2009-10 budget presented by Finance Minister Pranab Mukherjee in the Lok Sabha.
Whatever the claims about the new GDP numbers being technically superior to earlier estimates, their public credibility depends on their passing some reality checks, argues T N Ninan.
Public sector bank chairmen and executive directors will have to wait for some more time to see their purse swelling, as government is in favour of maintaining uniformity in pay structures of all of its nominees.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
A demand for raising wages and allowances of MPs was made in the Rajya Sabha on Friday with members demanding that their salaries should be higher than the revised scale of the Cabinet Secretary.
Officials cited the example of the Sixth Pay Commission.
Agitated over delay in raise in their salaries and allowances, members of Parliament cutting across party lines raked up the issue today rocking Parliament and forcing the government to give an assurance that it would try to bring a bill in this regard during the current session.
The government has asked the Indian Banks' Association to make sure that IDBI Bank's wages are on a par with other banks.
The state has close to 280,000 employees and 180,000 pensioners.
The Union Cabinet has approved eight per cent hike in dearness allowance (DA) for central government employees with effect from January 1.
Due to the rupee's rise and its impact on IT firms earnings, employees in IT, BPO sector will not only have to work longer but will find their salary increments being pruned.
"We think Indian companies are getting ready for the revival and plan to hire strategically going forward. 2010 looks to be a good year from a salary increase perspective."
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Converts part of fixed salary component into variable one
There shall be two dates for grant of increment - January 1 and July 1 every year
There are 1.9 million employees and 650,000 pensioners in Maharashtra.
Reports say that the Union government may increase the overall tax-free investment limit from Rs 1,00,000 to Rs 1,50,000 in the next Union Budget. Do you think this will act as an effective tool to help the salaried individuals plan their taxes?
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
First-time buyers of cars and sport utility vehicles (SUVs) have made a comeback, shows last year's data from top passenger vehicle (PV) makers. If the trend persists, it may move the needle on the overall car penetration ratio. India's car penetration ratio is 32 per 1,000 people - one of the lowest, compared to mature car markets like the US and Europe.
'If the TRS, with 75% seats in the Telangana assembly, can be coerced into a sense of resignation by a tiny party that has just 10% of seats, then questions have to be asked about KCR's mettle as leader,' says Sudhir Bisht.
The Sixth Pay Commission on Monday submitted its report to the government presumably recommending a 40 per cent hike in salary for the central government employees. The commission, headed by Justice B N Srikrishna, submitted its report to Finance Minister P Chidambaram on Monday morning.
In markets such as Mumbai, prices have gone beyond Rs 1.5 cr to Rs 2 cr which is beyond reach of most of the salaried class
Majority of companies in the country are trying to be selective in planning the workforce, compensation and benefit cuts for 2009, while they anticipate a decline in their company's business performance next year, according to global HR consultancy Mercer.
All interest free advances stand discontinued with the exception of interest free advance for medical treatment, travelling allowance for family of deceased, travelling allowance on tour or transfer and leave travel concession
A committee headed by Cabinet Secretary BK Chaturvedi has turned down the request for constituting the Sixth Pay Commission to review the salaries and perks of all central government employees.
The over 1.6 million employees of central public sector companies are demanding a salary increase of over 100 per cent, saying the average 40 per cent raise recommended by the Sixth Pay Commission for government employees is not enough. Salaries of public sector workers were last revised in 1997 and were scheduled for the next revision on January 1, 2007. The average gross monthly salary an ONGC executive earns today is between Rs 40,000 and Rs 50,000.
The Planning Commission does not foresee any significant disruption of state finances on account of increase in salaries of state government employees.
The corporate affairs ministry on Monday told the Rajya Sabha that companies can pay higher salaries to the top brasses after getting approval from the government under the existing Act.
The rupee depreciation will work in favour of students who are currently studying in the US and plan to secure a job that pays in dollars.
About 1 million bank officers are expected to participate in the strike on May 30 and May 31
The Jawaharlal Nehru University Visually Challenged Students Forum demanded an apology from Delhi Police and said they will begin a protest against police atrocities from Wednesday.
Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. The top five firms - Zoho, Freshworks HighRadius, Druva, and Icertis - account for 33 per cent of the market share. Chennai, India's SAAS centre, alone generates $1 billion in annual revenue. Yuvraj Malik explains how these companies are planning their next phase of growth.
'I have seen, even in my village, people hanging pictures of Communist leaders -- Jyoti Basu, Joseph Stalin, Mao Zedong -- in their drawing rooms. Could we not hang pictures of Swami Vivekananda? '
In the third of a six-part series T E Narasimhan finds out how the hub of India's firecrackers industry is coping after more than a month of the note ban.
