Monday, May 3, 2010

Attractive incentives to retain or poach talents/ Indian CEOs' pay packets swell-H Bolem

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Tuesday, May 04, 2010
Top news
Companies which are in the pre-IPO stage and those looking at private equity deals, are keen to offer golden hellos to rope in high-profile executives who act as the face of the company, and also other incentives to retain talent.
Pay hikes given to CEOs in Indian firms were in the 33 percent range, just over twice their companies' profit growth in the year ended December 2009, according to a study.
Business
ICICI Bank has planned to hire up to 7,000 employees this financial year. ICICI Bank Managing Director and CEO Chanda Kochhar said that the bonus and increments are also declared for the employees.
As per the deal, Wipro will implement NetSuite in the Asia Pacific market and later expand into North America. The deal also intends to take cloud ERP into larger enterprises.
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Technology
AU Optronics has won the patent lawsuit against LG Display which may hinder the computer and handheld businesses. The lawsuit may affect LG's HDTV business and also Apple which has inked $500 million contract with LG for its screens.
Research In Motion is indeed working on a tablet with a codename BlackPad or Cobalt, the device is expected to get an 8.9-inch screen, with RIM reportedly ordering such displays from Hon Hai. This will be smaller and thinner than Apple's iPad.
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Finance
The Kerala-based Dhanalakshmi Bank announced a 25 basis points increase on its domestic term deposit rates across all maturities effective Monday.
The open ended scheme, AIG World Gold Fund topped the MF charts last week after seeing a growth rate of 5.6902 percent. As of April 29, 2010, the net asset value of the scheme was Rs. 12.42.
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Community for Health and Fitness association, it is the Professional platform to share your knowledge and thoughts about the Health and Fitness. This is the place where you can express your views, thoughts and importance of Health ...
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Featured institutions
ISME is one of the top business schools in India located at Bangalore and Navi Mumbai. ISME offers full time Post Graduate Program in Management - PGPM
IBS Icfai Business School Hyderabad offers high-quality programs in different areas of management to a wide cross-section of students, executives and professionals across India.
Magazine
Within 15 years, after a humble beginning in 1995, Synopsys has raised itself to a full-fledged corporate entity. Now its eyes are on India's multiple product stories as it aims to grab a larger share in it.
Despite the fact that Indians have contributed immensely in building many successful global high-tech product companies, we still don't have globally successful, high-tech product companies from India.
Featured questions
Yeah, biographies, an account of the series of events making up a person's life and represent real life incidents.
Most people will agree that trust is perhaps the most important element of a harmonious, synergistic and efficient
Humor of the day
There came a big flood, and the water around Bhola's house was rising steadily.. Bhola was standing on the porch, watching water rising all around him, when a man in a boat came along and called to Bhola,
This man was sitting quietly reading his paper one morning, peacefully enjoying himself, when his wife sneaks up behind him and whacks him on the back of his head with a huge frying pan.
Get best in class of CCNA training directly from the industry experts
Startup city
Assured Labor, a web and mobile marketplace for jobs built for emerging markets, has raised $1 million in seed funding.
The idea to start Evobi came to Sandeep Senan when he was interacting with school students as part of a series of workshops that he was conducting to inform the kids about different technologies.
CXO Insights
Mobiles Churning a Tech Revolution for Consumers
Anupam Arya, CEO, Mobera Systems
Just a decade ago, in India, mobile phone was a status symbol in the hands of the chosen few. Many aspired for it but could not afford it.
Everything that can be Mobile WILL BE
Raj Tumuluri, CEO, Openstream
The power of mobile usability has brought success to AppStores of various mobile device manufacturers. Now, it is time to focus on the enterprise mobility imperative in the changing landscape of mobile device evolution.
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Should have experience in any automation tool - Silk, QTP, BPT, Load Runner,Selenium
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Blogs: Editor's choice
Indian Space Research Organisation (ISRO) was established in the modern form during 1969 thanks to consorted
UK-based Standard Chartered Bank has pipped Citi Bank and HSBC Bank to become the top taxpayer
Get Project Management Certification - PMP from PMI, USA. Register Now - Bangalore, Hyderabad, Ahmedabad

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