"Citigroup intends to raise workers' base salaries by as much as 50 per cent this year to offset smaller annual bonuses," the The New York Times reported quoting people with direct knowledge of the plan. The company, which has received three bailouts from the government, also plans to award millions of new stock options to employees in an effort to retain workers and neutralise a precipitous drop in the value of their stock holdings, it added.
The National Institute of Technology Calicut -- School of Management Studies (NITC-SOMS) offers two year full time MBA.
Eight-times Grand Slam winner Andre Agassi admits to using the recreational drug crystal meth in his new autobiography, People magazine's website reported on Tuesday.
The government's negotiations with protesting farm unions hit a roadblock on Friday as the farmer leaders stuck to their demands for a complete repeal of three farm laws they find pro-corporate and a legal guarantee for minimum support price (MSP), even as the Centre asked them to reconsider its proposal for putting the Acts on hold for 12-18 months.
Farmer leader Darshan Pal accused the Centre of dividing farmer organisations, but it will not happen.
I think the United States must realise that today 60 to 70 per cent of the growth of the revenues of large American companies comes from India and China.
Nasscom, India 's information technology industry lobby, played down concerns about outsourcing ahead of the US presidential elections when the issue of job losses usually becomes a prominent issue.
Helping his students to gain the ability to surpass the teacher himself is what he considers his most important contribution as a teacher. He keeps exhorting students to work hard, aim higher and think outside the box. 'If you are one among the crowd, you will not be noticed,' he tells them. 'If you want to go up you must be different and surpass the achievements of others.'
NMDC chairman Rana Som has left for the Panna reserves to assess the production and commercial operations of the mine and understand the commercial viability of the project to come out with a definite date for resuming mining in the area. Last month, the steel ministry had said the reopening of the mine will be a top priority for the government.
"This money will be used for the revival and modernisation of the PSUs," BRPSE Chairman Nitish Sengupta said. He said instead of providing budgetary support, the option of land sale could be considered for the revival of units in some cases. Elgin Mills in Kanpur, Kolkata-based National Jute Mills, National Textiles Corporation and HMT are among those which have been permitted to sell their surplus lands.
The all star cast makes this romantic comedy about people searching for love in all the wrong places, a fun ride.
Indian IT companies can take a breather as the US Senate vote for imposing stringent conditions on the hiring of H-1B visa workers.
The fund will close in two tranches, with the first tranche of $ 100 million expected to close in two months. However, the company has not set any time-frame for raising the entire corpus of the fund. In addition, Dewan Housing Finance, the parent entity, is also looking to raise Rs 150 crore (Rs 1.5 billion) to bolster its operations. The fund-raising may also be in the form of equity dilution.
The National Association of Software and Services Companies -- Nasscom -- on Monday announced the appointment of Ganesh Natarajan, deputy chairman and managing director, Zensar as the chairman of Nasscom for the year 2008-09. Pramod Bhasin, president and CEO, Genpact has been elected as the vice chairman of Nasscom for the current year.
In an hour-long chat on Thursday, direct tax expert Vikas M Gandhi offered some valuable tips.
Unless the law specifies, top executives are not liable for the fault of their employees.
"There would be some resetting of expectations", president of Nasscom, Som Mittal, said on the sidelines of 'TiE Entrepreneurial Summit 2008 (TES 2008)' in Bangalore. He indicated that the Nasscom would come out with a clear view vis-a-vis the growth forecast in Junuary first week, saying 'it may happen before the quarterly results start coming out'.
Tomar said the union leaders kept insisting on repeal of the three farm laws, but the government side tried to explain them the benefits of the Acts and sought to know specific problems faced by the farmers.
IT industry body Nasscom on Monday said the country's IT companies, which exports 90 per cent of software and services to the US and Europe, may see a decline in new orders due to the global financial crisis.
IBM Corp's CEO and Chairman Samuel J Palmisano today called on Communications and IT Minister Dayanidhi Maran to discuss company's plans in India.
Here's a list of the full first-time ministers in the second term of the Narendra Modi government.
NMDC Spice International, a proposed 50:50 joint venture between state-owned miner NMDC and Spice Minerals and Metals, a part of the Spice Energy group, is close to acquiring two iron ore deposits in Armenia. The acquisition is likely to entail an investment of $500 million (Rs 2,173 crore).
It is hard for the lay observer to understand why it should take 60 hours for crack commandos of the National Security Guard to clear a hotel of four attackers.
"While $30 billion is the achievable target, 50 billion is the aspirational target", Nasscom President Som Mittal said on Tuesday while releasing the findings of a study on India's BPO industry conducted jointly with the Everest Group, a global strategy consulting group.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
Union leaders, who came out of the meeting venue shouting slogans, said the talks remained deadlocked and some of them threatened to boycott any further meetings if no solution was found at Thursday's meeting.
A student at Texas A&M University, USA, shares some pointers on how to go about picking a roommate in a foreign country.
The farmer representatives were unanimous in seeking repeal of the 3 laws.
John Buchanan's new role would see him conduct coaching seminars around Australia, apart from shaping the direction of coach education.
In Hyderabad alone there are 4 sleeper cells and each of the cells has at least 6 members.
The growth rate might come down by six per cent due to the competition besides economic uncertainty and lesser IT spends by the US, Nasscom President Som Mittal said. "A recent survey by Nasscom revealed the industry grew by 28 to 29 per cent in the last few years but our forecast is that it will go down to 22 to 24 per cent," he said while releasing the survey earlier this week.
Education boards have instituted remedies for For students let down by their Class X results: re-totaling, revaluation and re-examination.
After a rather indifferent show in the opening round, Grandmaster P Harikrishna bounced back in style defeating local star Michele Godena in the second round of the 50th edition of Reggio Emilia International Chess tournament on Monday.
Over 14,000 policemen were deployed across the city for the security of Adityanath.
In one of the biggest such programmes, Indian Institute of Management Calcutta is investing Rs 100 crore (Rs 1 billion) over three years in remodelling its campus to make room for 25 per cent more students and give it an international look.
Jean-Claude Van Damme, now 48, is coming back to the big-screen with the self-parodying action comedy, JVPD.
FIFA president Sepp Blatter warned that the proposal could harm England's bid to host the 2018 World Cup.
The Union government has sought a report from Uttar Pradesh about the violence in Kanth area of Moradabad district, Home Minister Rajnath Singh said on Saturday.
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