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.

India's Financial Crisis Has Ended - RBI

The Reserve Bank of India (RBI) has in effect called the end of the financial crisis in India, and is the third central bank to do so, after Australia and Israel.

The Australian Central Bank on 6 October 2009 became the first G7 monetary authority to raise its interest rates, which was a positive sign for both Australia and the world. It raised its rates to 3.25%, with the possibility of a further 50 bps raise next week. Back in August, Israel raised rates from 0.5% to 0.75%, and there are signs Norway and South Korea are set to do the same.

The RBI has not raised interest rates. Since it has kept rates higher than any other developed economy (the key lending rate or repo rate currently stands at 4.75%) it doesn't need to make a drastic change there. The consensus is that it definitely will by April next year, with a 50% chance of a move this year, according to an economist survey.

Instead what the RBI is doing is tightening some of the extraordinary measures it had put in place in response to the credit crunch. A special facility to provide liquidity (ie money) to financial firms is being withdrawn, as private funds move back and inflows of FDI and FII into the market. It has raised commerical real estate rates, worried that a new bubble is building up.
Significantly the RBI also tightening some of the capital requirements it has for Indian banks. It is raising the 'statutory liquidity ratio', the amount of money that a bank needs to keep in cash, gold or government bonds, to 25%, up from 24%.

Wasim Akram’s wife dies in Chennai

Wasim Akram’s wife,Huma Akram dies in Chennai...

She was in the intensive care unit (ICU) since then and died Sunday without regaining consciousness. With her the chopper left from India around 1pm to lahore...

Dr P B Salim takes charge as Kannur Collector

Dr P B Salim, Collector of Kozhikode, took additional charge as the Collector of Kannur on Saturday following the directive of the Central Election Commission to shift the incumbent V K Balakrishnan from the post.

കമ്മ്യൂണിസ്റ്റ്‌ പാര്‍ട്ടിയുടെ മനുഷ്യ ചങ്ങല

കമ്മ്യൂണിസ്റ്റ്‌ പാര്‍ട്ടിയുടെ മനുഷ്യ ചങ്ങല കണ്ടായിരുന്നോ ? നമ്മള്‍ പൊതു ജനങ്ങള്‍ കാണേണ്ട ഒരു കാഴ്ച തന്നെ ആയിരുന്നു അത്റെ.

എത്രപേരുടെ സമയം നഷ്ടപെടിതികൊണ്ടേ റോഡ്‌ ബ്ലോക്ക്‌ ചെയ്തെ ആണേ ഈ അട്ടഹാസം എന്നേ നമ്മള്‍ ഓര്‍ക്കണം.ഇതിനേ നമുക്കേ പ്രതികരിക്കനവുമോ ?

Jobs,Salary hikes are back again

After months of an economic slowdown, corporate India has started hiring again. While layoffs and salary cuts may not be the order of the day anymore, employers continue to be cautious.

The latest data with job portal naukri.com shows that hiring activity has picked up 13 per cent in the first half of September and it is in double digits for the first time since last year. While some sectors like FMCG and healthcare are hiring in big numbers, others like IT,real estate, retail, media, advertising and exports still need to catch up.

പോള്‍ വധ കേസ്

അങ്ങനെ പോള്‍ വധ കേസ് ഒരു പരുവത്തില്‍ എത്തി കേട്ടോ!! നമ്മുടെ അഭ്യന്ധര മന്ത്രി ആഗ്രഹിച്ചത്‌ പോലെ തന്നെ എല്ലാം നടക്കുനുണ്ടേ.സ് കത്തി പോലീസ് പറഞ്ജ് ചെയ്ച്ചതല്ല കേട്ടോ.അതുപോലെ ഓം പ്രകശും,പുത്തം പാലം രാജേഷും കുട്ടകാരല്ല.

ഇത്തരം തരാം താഴ്‌ന്ന രീതിയില്‍ നമ്മള്‍ പൊതു ജനങളെ മണ്ടന്മാരാക്കി കോണ്ടേ അന്നെഷേണം പൂര്‍ത്തിയാക്കിയ പോലീസ് ഫോര്‍സിനും പോലീസ് മേധാവിക്കും എന്ന്ടെ അഭിവാദ്യങ്ങള്‍.കാക്കയ്ക്കീ തന്കുഞ്ഞേ പോന്കുഞ്ഞേ എന്നെ പറയുന്ന പോലെ തന്‍റെ മോനെ വിട്ടു കൊടുക്കാന്‍ അയല്‍കെ പറ്റില്ല.

എന്തൊരു ജെനാധിപത്യം ??

Abaya case..?

After sixteen years of attempts,now it has been found that nun named abhaya has been murdered ...............

the godman confessed under narco-analysis, ie. truth serum, that abhaya happened upon him and another nun in a "compromising position". thereupon he hit her on the head with a blunt instrument. when she fell down unconscious, he thought she was dead. so he dumped her in a well, where she drowned......

Even thought the narco-analysis cd has been visualised..in a channnel!! our judiciary itself is having an opinion that will this be digestible for our community ??

My personal opinion will be to drop this case,as it will be the most respectable was to memorize this nun...................................
Have your comments!!!!

PR RETAINER FEE ?

PR RETAINER FEE,it won't be a new word who are live in the market to uplift their bussiness entity.PR means Public Relations. Public Relations are needed positively as well as continually with the public through advertising, marketing, promotions and community service.

Public Relations are expensive.PR firms are typically engaged by business for a monthly retainer fee, under the terms of a contract which runs a minimum of three months and often as long as a year or more.In 1992 the charges where $200-$500. PR agencies often pass along to the client all "hard copy" costs - the costs of photography, printing, postage, telephone, and other fees related to production of material for the client.