Wage Inflation

Over the past few months, startups have laid off thousands of employees after a boom year in which they received multiple job offers and been hired for sky-high salaries and with offers of incentives like BMW cars. Layoffs and shutdowns have become the norm in the face of a funding crunch

HCL Tech monitoring crisis in Sri Lanka daily, sees no work disruption: CHRO Apparao

In 2020, HCL Technologies opened a global development centre in Colombo. Currently, the company’s 1,700-odd employees are working from the island nation amid an economic crisis and political turmoil.

HUL up 2%; Macquarie upgrades, bets on volumes, margins

Despite consumer demand continuing to remain slow, especially in the rural markets, HUL management reaffirmed its guidance of maintaining competitive volume growth and modest improvement in margins

P Lilladher picks 7 stocks from banking universe

Prabhudas Lilladher has come out with its report on bank sector. According to the research firm, Punjab National Bank (PNB) / Union Bank of India seems better covered on pensions v/s Bank Of Baroda (BOB) / Bank Of India (BOI) with SBI midway.

See risk reward for Marico; Espirito downgrades Nestle

Nitin Mathur of Espirito Santo Securities said they have downgraded the consumer sector on the back of slowing GDP and wage inflation. Although, the volume growth reported by staple companies remains strong, discretionary growth is starting to show signs of slowing down, added Mathur.

Wage inflation weighing on policy makers' minds: HSBC Bank

Arjuna Mahendran, Investment Head- Asia at HSBC Bank weighs in on what all the newsflow from across the globe means for financial markets, including India.

TCS beats Infy in Q3; expects 2011 to be better than 2010

In an exclusive interview with CNBC-TV18, the company's board including MD and CEO N Chandrasekhar, CFO S Mahalingam, ED-corporate affairs Phiroz Vandrevala and global head of HR Ajoy Mukherjee, said the business momentum continues to be good.