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Paramilitary forces seek `national allowance` to end disparity

Last Updated: Sunday, June 22, 2014, 16:31

To stop the high rate of attrition and boost morale of combat soldiers in the high casualty internal security domain, the 9-lakh personnel strong paramilitary forces have demanded creation of a "national allowance grid".

Amazon expands middleman role in latest online payments push

Last Updated: Monday, June 09, 2014, 13:17

Amazon.com Inc will start managing subscription payments for start-ups and other companies - the latest in a series of quiet moves the e-commerce giant has made into PayPal`s turf over the past year.

Cisco's solutions reaches 40 mn homes in India

Last Updated: Thursday, May 29, 2014, 15:17

The US-based firm is a pay-TV technology partner for over 150 pay-TV operators and media and entertainment companies worldwide.

EBay beefs up US war chest in pursuit of growth

Last Updated: Wednesday, April 30, 2014, 09:15

EBay Inc is preparing to bring a major portion of its foreign earnings back into US.

20,000 Cambodian garment workers strike over bonus

Last Updated: Monday, April 28, 2014, 19:09

Around 20,000 Cambodian garment workers have joined a strike to demand a $50 bonus for shunning walkouts over the last three months, a union official said Monday.

Infosys gives 6-7% wage hike to employees

Last Updated: Tuesday, April 15, 2014, 12:05

Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 percent and by 1-2 percent for onsite workers, effective April 1.

Obama bypasses Congress to promote equal pay for women

Last Updated: Wednesday, April 09, 2014, 08:54

Washington: President Barack Obama resorted Tuesday to an executive order to oblige federal contractors to provide equal pay for women who currently earn less than their male counterparts.

Trouble brewing again in Air India over pilots' pay cut

Last Updated: Tuesday, April 08, 2014, 23:06

Trouble is again brewing in Air India ahead of the upcoming busy holiday season, with a section of pilots resenting a proposed 15 percent cut in their allowances, saying such a reduction would place their pay packets below what was prevailing in the market.

EPFO told to hold clubbing of allowances for PF deduction

Last Updated: Saturday, April 05, 2014, 18:03

"EPFO has got a letter from the Labour Ministry asking it not to go ahead with clubbing of allowances with basic pay. The EPFO will soon issue a notification," a source said.

PepsiCo's Indra Nooyi got $18.6 mn pay package in 2013

Last Updated: Saturday, March 22, 2014, 18:38

PepsiCo has given its India-born chief Indra Nooyi a pay package of USD 18.6 million (about Rs 113 crore) for 2013, a 7 per cent hike from the previous year.

India most optimistic on hiring plans for April-June quarter: Survey

Last Updated: Tuesday, March 11, 2014, 13:19

India has emerged as the most optimistic nation in terms of hiring plans for the next three months and sectors such as aviation, IT & ITeS and retail are likely to see an increase in payrolls.

IBM CEO's take-home down 14% in 2013

Last Updated: Tuesday, March 11, 2014, 10:00

IBM, which had sold its low-end server business in January, had recorded a 4.6 percent decline in revenue in 2013.