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NEW DELHI: Surging inflation will soon start reflecting onto the pay packets with the companies looking at cutting down the salary hikes of their employees for the next year and the high-flying IT space could take the maximum hit. According to a survey by HR consultancy major Hewitt Associates...

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Principals-in-training hit books in summer program ... aspiring principals academy this summer and classes begin next month for Rice University's new MBA program for future principals. About eight candidates are expected to participate in the first ... More...

It was another day of carnage. Sensex has lost nearly 900 points in last two trading sessions. In today’s dreadful free fall, 667 stocks have touched their 52-week low. This includes ‘A’ group stocks like ACC, Adlabs Films, Alstom Projects, Ambuja Cements, BEML, BPCL, DLF, Gammon India, Grasim...

Stocks Hit Bear Market Territory ... news, U.S. factory order rose 0.6% in May, in line with expectations. The U.S. MBA mortgage market index rebounded 3.6% in the week ended June 27. Among stocks in ... More...

Pirates P Bautista Hit With Line Drive ... get instant curb appeal. Ever wonder if going back to school to earn an MBA is the right thing for you? Find out just how much an MBA can ... More...

U.S. mortgage applications hit 6 1/2 year low ... per cent. While U.S. housing market indexes tend to be volatile, data from the MBA may help gauge how the hard-hit sector is faring. More insight into the state ... More...

New US law may hit Indian ports badly Commodity Online A new US law, introduced after the 9/11 terror attacks, has come as a rude jolt to the Indian ports like Paradip, Mumbai and Kandla as the stringent measures in the law are very tough to implement. The new law will require 100%...

China’s foreign exchange reserves hit $1.76 trillion China on Monday announced that its foreign exchange reserves rose to 1.76 trillion dollars at the end of April. At 1.76 trillion dollars, China's reserves are now larger than those of Japan, Taiwan, South Korea and Hong Kong combined...

Good Samaritan Hit, Killed Along Interstate ... a bunch of money. Ever wonder if going back to school to earn an MBA is the right thing for you? Find out just how much an MBA can ... More...

Crude Oil: Will it hit $225? Crude Oil is going high and high. According to a new report, crude oil will go through the roof by 2010. According to CIBC World Markets, tighter supplies will drive crude oil over US$150 a barrel by 2010 and to US$225 a barrel in four years. CIBC World Markets...

Harbhajan Singh has been found guilty of making a racist comment to Andrew Symonds on the third day of the Sydney Test and slapped with a three-match ban. Mike Procter, the match referee, ruled at the end of a four-hour hearing that Harbhajan had breached Level 3 of the ICC's Code of Conduct...

Indian jewellery exports to US may get hit As expected, the jewellery manufacturers are feeling the heat now following the US government’s decision in June to lift the generalised system of preferences (GSP) given to Indian jewellery sector. Several exporters in Surat said they are...

Kolkata, Oct 8 Exporters of sanitary castings are crying foul over the steep increase in prices of pig iron and foundry grade iron, which has added to the pressures of the rising rupee and higher ocean freight. Rakesh Shah, chairman of the Engineering Export Promotion Council (EEPC), said...

The speed of the appreciation of the rupee against the dollar has been a major cause of concern to policymakers. As of October, the rupee had appreciated close to 13 per cent on a year-on-year basis against the greenback. Nearly 7.5 per cent of this appreciation came in the months of April and...

Made-in-India financial software solutions are making waves across the globe. Indian firms providing such solutions to banks, financial institutions and insurance companies are noticing a significant increase in their number of customers. The size of the banking software application market...

Hacks hit embassy, government e-mail accounts worldwide Countries hit include Iran, India, Russia, U.K. August 30, 2007 -- Computer Sweden) -- Usernames and passwords for more than 100 e-mail accounts at embassies and governments worldwide have been posted online. Using the information...

NEW DELHI: The Rs 1-lakh car isn’t the only affordable technology that Tata Motors will introduce in 2008. India’s largest four-wheel automaker has plans to bring out cars fired by compressed air, the cheapest auto fuel in the world. Tata Motors will start producing cars running on air fuel...

BANGALORE: Is the IT party over? For the moment, it looks so. With the strong rupee impacting adversely the profits of every IT company, salary increments are expected to take a hit. And more of the salary is likely now to become part of the variable component, so that you get more only if you...

BANGALORE: The rupee's rise is expected to hit BPO employees harder than it hits IT employees. Unlike IT, where 30 per cent to 50 per cent of employees work on-site (at the clients' site) and are paid in dollars, in BPOs, 90 per cent to 95 per cent of the work is done in India and those...