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| | Cost cutting - I | 29-SEP-09 |
| | It’s not just Cabinet ministers, or those with Cabinet rank (Nandan Nilekani has moved from the Oberoi Hotel to the more austere India International Centre) who are practising austerity. The Delhi Metro Rail Corporation is in cost-cutting mode as well. For the past few weeks, its ‘yellow line’, from Jahangirpuri to Central Secretariat, has most of its lights switched off during the day. | |
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| | Dip in ISB grads' average salaries | 27-JUL-09 |
| | The average domestic and international salaries of Indian School of Business (ISB) graduates has fallen by about 20.78 per cent and 17.8 per cent, respectively, due to the global economic slowdown. This is the first time that the salaries of ISB graduates have dived. | |
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| | Job drought could end soon; recruitment agencies see pick-up in hiring | 26-JUL-09 |
| | The job market has begun to show signs of a revival led by sectors like telecommunication, pharmaceutical, life sciences and financial services. Human resource firms claim there are more vacancies now than a year ago when the slowdown first set in, though these are way below past peaks. | |
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| | No salary hike now, WTO tells its chief | 15-JUL-09 |
| | A core group of the World Trade Organization’s (WTO’s) budgetary committee has shot down a demand from its director-general Pascal Lamy for a 30 per cent hike in his salary and other emoluments on the ground that it was not proper to raise such a demand at a time of wage deflation and a generalised freeze of salaries of the top CEOs, trade diplomats told Business Standard today. | |
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| | 'It's too early to say whether the economy has bottomed out' | 23-JUN-09 |
| | While there is talk of the economy’s downturn bottoming out, the central government’s Chief Statistician, Pronab Sen, says we still have a long way to go. In an interview with Devika Banerji, he says the monitoring of rural spending should be on top of the new government’s priorities. | |
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| | Not ripe yet | 23-JUN-09 |
| | The current global crisis, and its impact on private sector Indian banks, has made State Bank of India chief OP Bhatt a happy man. So, at the bank’s AGM, he decided to have some fun at rival ICICI Bank’s expense and said it was an ‘unfit’ candidate for acquisition. He said, tongue firmly in cheek, that his bank had no plans to acquire ICICI Bank as it was not advisable to take over the country’s largest private sector bank in its present state. | |
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| | Hoteliers try to counter slump with special offers | 04-JUN-09 |
| | Charles Pereira, a marketing professional with a multinational company, was pleasantly surprised when he realised his holiday budget could fetch him a stay in a luxury hotel, instead of the three-star property he opts for every year. | |
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| | V V: How to understand the global meltdown | 30-MAY-09 |
| | “Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that creates the wants. | |
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| | Slowdown blues | 25-MAY-09 |
| | The economic slowdown has not spared the capital goods companies, and those with higher dependence on industrial capital expenditure have been impacted more. | |
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| | LN Mittal to take 15% pay cut | 25-MAY-09 |
| | NRI billionaire Lakshmi Niwas Mittal, along with his son Aditya and daughter Vanisha, will see 15 per cent decline in salaries for their roles at ArcelorMittal, as the steel maker’s top brass takes a pay cut in an added effort to contain cost this fiscal. | |
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