• Thu, Feb 23, 2017
  • Pay hikes go south, but India INC optimistic

    Updated: Feb, 23, 201706:30 AM

    Aon Hewitt’s annual Salary Increase Survey showcases the coming of age of compensation management in India. While majority of the industries projected a sub 10% increase – the business sentiment...
    Pay hikes go south, but India INC optimistic
    Aon Hewitt, the global talent, retirement and health business of Aon plc announced the 21st edition of its annual Salary Increase Survey in India. The study analysed data across 1,000 plus companies. The survey projects a drop in pay increases to an average of 9.5% across industries. While it’s a marginal decrease from the 2016 spend, it reflects maturity that India Inc has displayed amidst global and Indian economic and political events. This includes, and is not limited to Brexit, recent changes in the US government and the much talked about demonetisation. India Inc has approached the ambiguity caused by these events with confidence and has displayed maturity instead of impulsive decision making. Anandorup Ghose, Partner at Aon Hewitt India, said, “Political changes and economic headwinds have had an impact on business...
  • India’s GDP projected to slow to 6.6% post-demonetisation: IMF India’s GDP projected to slow to 6.6% post-demonetisation: IMF
    Updated: Feb, 22, 201709:57 PM

    India’s growth is projected to slow to 6.6 per cent in 2016-17 fiscal due to the strains that have emerged in the economy as a result of “temporary disruptions” caused by demonetisation, the IMF said.

  • Talking Point: Social Progress Index can complement GDP Talking Point: Social Progress Index can complement GDP
    Updated: Feb, 22, 201707:43 PM

    GDP is easily the most controversial measure in the field of economics. It is a measure of economic production that should have lost its relevance in a world disgusted by environmental degradation and...

  • 46 per cent city SMEs hire through mobiles, Facebook 46 per cent city SMEs hire through mobiles, Facebook
    Updated: Feb, 22, 201704:30 AM

    The ubiquitous use of mobile has changed not only the way we shop and transact, but also the way organisations hire states TeamLease - The New Hiring Landscape Report.

  • E-payment reward: 10 lakh users get 153.5 crore E-payment reward: 10 lakh users get 153.5 crore
    Updated: Feb, 21, 201711:28 PM

    The Centre has given over Rs 153.5 crore reward money to nearly 10 lakh citizens under its scheme to incentivise digital payments and make India a less cash economy, NITI Aayog head Amitabh Kant said.

  • Jio crossed 100-million subscribers mark in just 170 days: Ambani Jio crossed 100-million subscribers mark in just 170 days: Ambani
    Updated: Feb, 21, 201711:26 PM

    Reliance Jio has crossed the 100 million customers mark in 170 days of launch, its Chairman Mukesh Ambani said on Tuesday as he announced a slew of offers, including 20 per cent more data than any...

  • Air India puts 2 Dreamliners on sale to raise USD 250 million Air India puts 2 Dreamliners on sale to raise USD 250 million
    Updated: Feb, 21, 201706:35 PM

    State-owned carrier Air India has put on sale two more Dreamliners (Boeing 787-800) to raise USD 250 million (nearly Rs 1,700 crore) for the repayment of short-term loan availed earlier for purchasing...

  • IT Minister Prasad urges Nadella to help boost DigiGaon initiative IT Minister Prasad urges Nadella to help boost DigiGaon initiative
    Updated: Feb, 21, 201704:59 PM

    Union IT and Electronics Minister Ravi Shankar Prasad met Indian-born CEO of Microsoft Satya Nadella and urged him to consider the use of Microsoft’s innovative technology in the upcoming DigiGaon...

  • Flipkart to use MS cloud to boost e-tail sales Flipkart to use MS cloud to boost e-tail sales
    Updated: Feb, 21, 201709:52 AM

    Leading e-commerce major Flipkart on Monday tied up with global software major Microsoft to use its Azure cloud platform for boosting its e-tail sales.

  • India offers to share its telecom expertise with Asean members India offers to share its telecom expertise with Asean members
    Updated: Feb, 21, 201709:49 AM

    India on Monday offered to share its expertise with Asean’s member-countries in the development of their telecom and digital connectivity sectors.