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Rupee appreciation, wage hike may impact margins of IT players: Barclays

Last Updated: Tuesday, July 08, 2014, 17:21

"Margins are expected to be negatively impacted due to rupee appreciation (100bps impact) and also by wage hikes at TCS, Infosys and Wipro," Barclays said.

IMF cuts US forecast; urges wage hike and job creation

Last Updated: Monday, June 16, 2014, 20:19

The International Monetary Fund on Monday slashed its forecast for the United States and urged policymakers to keep interest rates low and raise the minimum wage to strengthen growth.

New Steel Minister okays wage revision in SAIL, 85K to benefit

Last Updated: Thursday, June 12, 2014, 17:18

Steel Minister Narendra Singh Tomar approved a 17 percent hike in basic and dearness allowances and 6 percent rise in perks for the company's non-executive employees.

Indonesia hit with mass strike over wage hike demands

Last Updated: Thursday, October 31, 2013, 16:43

Tens of thousands of workers went on strike across Indonesia on Thursday, in the latest industrial action to hit Southeast Asia`s top economy as its citizens seek a greater share of the spoils from stellar growth.

WB unhappy with inadequate MGNREGA wage hike

Last Updated: Thursday, March 29, 2012, 12:53

The Mamata Banerjee-led West Bengal government will soon move the central government to increase MGNREGA wages to Rs.200 from Rs.136.

Maruti Suzuki to hike worker wages in double digits?

Last Updated: Friday, February 10, 2012, 20:02

Facing pressures from the workers of its Gurgaon plant, India's largest car-maker, Maruti Suzuki India may soon hike wages in double digits.

Coal India inks pact with worker unions on 25% hike in wages

Last Updated: Wednesday, February 01, 2012, 13:38

State-run Coal India (CIL) has signed a pact with its trade unions to increase wages by 25 percent, which would put an additional burden of Rs 6,500 crore on the public sector unit.

CIL wage hike will not result in coal price hike: Govt

Last Updated: Wednesday, January 18, 2012, 18:36

The government on Wednesday said the upward revision in wages of Coal India Ltd (CIL) workers will not have any bearing on coal prices and there will be no hike in prices of the dry fuel.

Coal India agrees to 25% hike in wages of workers

Last Updated: Friday, January 13, 2012, 12:49

State-run Coal India has agreed in principle to increase wages of workers by 25 per cent, a move that will cost the company around Rs 4,000 crore extra.

BMC staff strike on; no headway in talks

Last Updated: Tuesday, September 20, 2011, 08:58

The strike by employees of the BMC, members of the Municipal Mazdoor Union headed by Sharad Rao, entered second day on Tuesday.

Coal India Ltd unions place wage demands

Last Updated: Monday, August 22, 2011, 22:34

Four of the five trade unions of mining major Coal India Ltd have placed their wage demand with the management.

PM announces NREGA wage hike

Last Updated: Wednesday, February 02, 2011, 13:37

PM Manmohan Singh Wednesday said wages would be hiked under the rural employment guarantee plan to offset inflation while UPA chairperson Sonia Gandhi said it was time to introspect on the shortcomings of the rural jobs scheme.