Stage is all set for the merger of two of oldest public sector telecom services, BSNL and MTNL! Department of telecom has given a green signal for the proposal considering factors of differences in pay scales and HR policies too. Committee mentioned that such differences should be resolved first in order to start the merger […]
Hero-Honda motors was the largest motorcycle production company in India but the split between Hero Moto Corp and Honda motors has changed the scenario in India. Well, Hero Moto Corp is however on the top, followed by Bajaj but Honda faced some difficulties until recently. But now it has surpassed TVS motors to become the […]
Are you an employee waiting for some hike in your salary this year? It might be that high as per a survey conducted by HR consulting firm. As per an official statement, the expected average salary hikes in 2012 is 11.54percent against 11.89percent in 2011. 2, 326 Indian companies of various sectors participated in this […]
Dunlop India is now ready to re-open its Shahgunj unit in West Bengal ending a meeting with the trade union representatives. Management has assured that the absorption process will be in three phases and also informed that workers who are not absorbed during this process will be relocated to different unit or will be given […]
Auto industry is currently in a constant growth phase and is expecting an increase of sales by about 10-12percent which is however less than 26percent growth recorded in FY11 and FY10. On the other hand, growth of commercial vehicles sales is expected to come down to 9-11percent. The driving force for push in car sales […]
Seems like Indian biggies are investing in Hollywood now! Reliance Entertainment, a successful production house in India is expected to give $200 million to the famous Hollywood director, Steven Spielberg’s DreamWorks studio which will certainly help the struggling film company. The studio will be making only 3 films per year from now instead of the […]
Extending the downtrend from the past two months, gold prices continued to fall following the news from central bank’s assessment of economy. It is also questionable now if US could recover from this lingering. Investors are eagerly waiting for Fed’s Beige book survey of regional economic conditions and University of Michigan’s consumer confidence reading which […]
This is a sort of car for which Indians must have waited for so long! Finally, Bavarian Motor Works (BMW) releases a car which carries the dynamic look, spacious interiors and compact dimensions which perfectly suit the Indian automobile buffs making sure that it is ahead of the competition. While sweeping hood, set-back passenger compartment […]
