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EPFO bonus may go in exchange for pension hike

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तिथि :24th May, 2012 - 16:49

Source:Economic Times - NEW DELHI: The government is likely to raise the minimum pension to Rs 1,000 per month for the workers contributing to the Employees Provident Fund Organisation, or EPFO, but employees will have to sacrifice the bonus they get on 20 years of pensionable service. The bonus can be retained if the eli...

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HP Beats Expectations; Cuts Underperforming Acquisitions

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तिथि :24th May, 2012 - 16:49

Source:Forbes - Meg Whitman (Photo credit: Wikipedia) Hewlett Packard reported normalized earnings of $.98 a share, above Wall Street’s expectations of $.91 a share for the second fiscal quarter ending in April. Revenues were $30.7 billion, also above expectations of $29.9 billion. The stock rose 11% in the afte...

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Flipkart appoints Yahoo India's Aparna Ballakur as HR head

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तिथि :24th May, 2012 - 16:48

Source:VC Circle - India's largest online retailer Flipkart has appointed Aparna Ballakur as its chief people officer (CPO). Till recently, she was VP (Human Resources) at Yahoo India. In her new position, Aparna will lead the human resources function and also help the ...

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Rs fall to have limited benefit for exports

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तिथि :24th May, 2012 - 16:48

Source:Money Rediff News Report - The sharp fall in market value compared to its Real Effective Exchange Rate has made the rupee an undervalued currency, giving strength to exports. However, the gains will be limited due to weak global demand and costly imports, according to economists ...

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The saga of the rupee and why it is falling

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तिथि :24th May, 2012 - 16:48

Source:Money Rediff News Report - The currency exchange rate is a representation of the market sentiment about the strength of a nation's economy. As such, it is often ruthless in indicating what the rest of the world thinks about a country's economic stewardship....

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Yeddyurappa to skip BJP National Executive meet

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तिथि :24th May, 2012 - 16:48

Source:Money Rediff News Report - While Gujarat Chief Minister Narendra Modi [ Images ] has confirmed that he will attend the Bharatiya Janata Party's [ Images ] National Executive meet, former Karnataka [ Images ] chief minister BS Yeddyurappa [ Images ] is still adamant about ...

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Rupee down 21 paise vs dollar

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तिथि :24th May, 2012 - 16:48

Source:Money Rediff News Report - The rupee on Thursday depreciated by 21 paise to 56.21 against the US dollar at the Interbank Foreign Exchange market in early trade, following strong demand for the American currency from importers amid concerns over deepening eurozone crisis....

            
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30 May, 2012 at 04:00 PM