India's Pay Commission suggests hefty salary hikes/IT sees dip in M&A deals in value terms/IMF to boost transparency of sovereign wealth funds/IT companies, investment banks eye economics graduates
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March 24 2008
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India's Pay Commission suggests hefty salary hikes Hefty salary hikes await some four million employees of the Indian central government with effect from January 2006 if the recommendations of the sixth Pay Commission get the official nod.
IT sees dip in M&A deals in value terms The cross border merger and acquisition (M&A) deals in the Indian IT industry have seen a dip in terms of value this year by half compared to the previous year.
NetMagic plans more data centers IT firm NetMagic Solutions has stepped up its data center investments in India, demonstrating a growth from one data center to five in the last 12 months.
SBI aims at $250 Mn business in Sri Lanka Indian banking titan State Bank of India (SBI) hopes to do business of the order of $250 million in Sri Lanka in the coming three years.
Global PE duo to invest $500 Mn in Unitech SPV Private equity players Lehman Brothers and Deutsche Bank will jointly invest $500 million in an SPV floated by Unitech, India's second most valued real estate developer.
PE firms cut corpus of realty funds Due to a tightening of global liquidity markets, private equity fund raising for the real estate and infrastructure sectors has become difficult.
Bihar to set up FM radio stations in schools The Bihar government plans to set up Frequency Modulation (FM) radio stations in schools across the state to make education more effective and user-friendly.
Indian American lawyer sues TV serial producers for libel An Indian American lawyer who claims he was defamed by an episode of popular crime drama "Law & Order" can press on with his $15 million libel suit against the TV show's producers, a U.S. judge has ruled.
Electronic Surveillance in India - Shayam Prasad Of late we are witnessing a controversy raised by the concerns of security agencies to regulate Blackberry services in India. The security agencies are demanding an access to data that are being......
Effective delegation of work is an essential management tool that frees you to become a more focused and strategic thinker, giving you a reputation for getting things done
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