Wednesday, November 4, 2009

Companies plan retention bonuses for employees

Since the habit of hiring is making a return, companies across the spectrum such as chemicals business player SRF, auto ancillaries major Sona Koyo Steering, engineering firm Samsung Engineering, IT firm Perot Systems, Adobe, Nitco Tiles and a Mumbai-based finance company, have planned surprise packages for their employees including retention bonuses to check attrition.

MD of $200 Million firm steals Blackberry


Managing Director of a $208 million firm was arrested at the IGI Airport for stealing the Blackberry phone of another passenger on November 2nd. Sanjay Somany, the Managing Director of Hindustan National Glass and Industries allegedly picked up the phone of N K Puri at the security check point and carried it with him to Chennai. According to Times of India, he was identified by the CISF using CCTV footage after Puri lodged complaint with them.



Puri, who was to catch IC 688 to Mumbai, registered a complaint with the CISF that his phone was missing. After searching for it, the security agency decided to check the CCTV footage of the area, through which they identified a man wearing overalls and coat, picking up Puri's phone from the tray at the security check point and proceeding to board a flight to Chennai IC 429.


They then got in touch with the airline and managed to get phone numbers of as many passengers as possible who were on that flight. Initially, the crew confirmed that a man with such a description was on their flight and based on his seat number, were able to identify him as Somany, said an official.



In the evening, during the exercise of calling up passengers to confirm the identity of the accused, CISF chanced to talk to a passenger, who said that not only did he recognize the accused, but that he was also sitting with him at the Chennai airport at that time, waiting to board their flight IC 539 back to Delhi. The CISF at Chennai airport were immediately informed who kept a tight watch on Somany. However, probably getting a hint that he was being watched, just before their flight landed in Delhi, he chucked the phone in the aircraft's toilet.Somany was nabbed as soon as he disembarked, and on interrogation denied having picked up the phone. Only when he was confronted with the CCTV evidence, did he confess his act and reveal the location of the phone.

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