India to see 12.9% salary hike in 2011
Press Trust of India / New Delhi March 08, 2011, 16:08 IST
Employees in India are expected to see a salary hike of 12.9% this year, among the highest in the world, as industries are benefiting from the country's robust economic growth, according to Aon Hewitt, a global HR consultancy group.
Led by engineering services sector, the projected jump of 12.9% in salaries for this year is higher than the actual increase of 11.7% seen in 2010.
Webcams to greet hotel customers in Kolkata
Caesar Mandal, TNN | Mar 10, 2011, 05.59am IST
KOLKATA: When you check into a hotel, don't get perturbed by the webcam glaring at you. It's now mandatory for city hoteliers to retain photographs of all customers along with their details.
Bogus courts bypass the law in Coimbatore
A Subramani, TNN | Mar 7, 2011, 12.40am IST
Complete with 'court halls', 'arbitral judges' and 'panel arbitrators', these hoax courts entertain civil disputes, issue notices and summons, conduct hearings and pass orders. Some of them have been handling civil disputes involving several lakhs of rupees and issuing 'directions'.
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MCI puts curbs on visits by foreign doctors
A Subramani & Revathi Ramanan, TNN, Feb 21, 2011, 02.03am IST
Visiting Punjabi NRIs give zero, Gujaratis shower $450 billion
Sanjay Sharma, TNN, Jan 19, 2011, 05.17am IST
CHANDIGARH: All that Punjab has been getting from its visiting NRIs is talk, demands and suggestions. In stark contrast, Gujarat has been able to garner $450 billion of investment intent during the annual Vibrant Gujarat convention for NRIs this year, while Punjab government failed to attract even a penny worth of investment offer during its version of convention held at Jalandhar on Tuesday.
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Overseas Indians facing visa problems can use OCI card
7 Jan, 2011, 07.03PM IST, Ishani Duttagupta,ET Bureau
The ministry of overseas Indian affairs is encouraging people of Indian origin to opt for the overseas citizen of India, or OCI, card to deal with the long delays faced by Indian Americans in getting visas to travel to India.
Lack of buyers hits commercial realty
Agencies, Posted: Wednesday, Dec 29, 2010 at 1029 hrs IST
"While 12 million square feet is lying idle in Chennai, it will be more across the country. Many areas in Hyderabad, Bangalore and Gurgaon are lying vacant in commercial spaces," Construction Real Estate Developers of India (CREDAI) National Vice-President Prakash Challa said.
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Mumbai Developers to Cut Record Home Prices as Sales Decline, IIFL Says
By Pooja Thakur - Dec 28, 2010 1:58 AM ET
“Fresh lending to real estate developers by state-run banks is taking longer than in the past,” Bhaskar Chakraborty and Avi Mehta, Mumbai-based analysts at IIFL, said in the note. “We see developers with debt refinancing requirement in the second half of the fiscal year ending 2011 increasingly coming under pressure to cut prices to monetize inventory.”
PTI, Dec 29, 2010, 10.30am IST
"AAPI is committed to provide logistic support for health tourism development in India, a choice destination as it provides state-of-the-art amenities for treatments like hip and knee replacements and cardiac surgery, high quality of healthcare infrastructure and low costs," Dr Singhvi said.
Jaipur, he said, is the first Indian city which has been accredited by AAPI as centre for medical tourism.
AAPI was founded in 1982 to protect the interests of Indian-American physicians in the US.