Infosys to hire 25,000 during fiscal 2009, hike wages by 11-13 percent

India's IT bellwether Infosys Technologies plans to hire 25,000 during the ongoing fiscal year and hike wages by 11-13 percent for its offshore employees.

Bangalore home to highest average pay scale: Report

Bangalore continues to rule the roost in terms of highest pay scale, followed by Chennai, Pune and NCR, a recent study by management research and consultancy firm, Zinnov, has revealed.

Nooyi PepsiCo's highest paid executive

Indra Nooyi, the India-born chief executive officer of beverages major, PepsiCo, has become the highest paid executive of the company, receiving $14.74 million as compensation in 2007.

Nokia CEO's pay more than doubled in 2007

The pay of Nokia's Chief Executive Olli-Pekka Kallasvuo more than doubled in 2007 from the year before, while the company's share price rose more than 75 percent over the 12 month period.

India mulls setting up sovereign wealth fund to invest in overseas energy assets

Flush with foreign exchange reserves, India is planning to join multibillion-dollar sovereign wealth funds to invest in overseas energy assets.

Cut the cackle in the caveat, SEBI directs fund houses

India's capital market regulator, the Securities and Exchange Board of India (SEBI) has passed a mandate on all fund houses to 'cut the cackle' in the audio and audio visual advertisements and read the standard warning or caveat in a comprehensible manner.

• SEBI launches crackdown on art funds
• Indians are wise savers but poor investors: Survey
• A "Great time" for house hunting
• Banks see profits in India's millionaires club

• FinMin proposes incentive to borrowers of small home loans
• SBI, Canara Bank slash loan rates, FinMin urges others to follow
• India gives nod to double taxation avoidance agreement with Mexico
• China raises threshold for individual income tax

• India to witness highest average salary hike in Asia-Pacific: Hewitt survey
• Indians among most disgruntled employees in Gulf nations
• India, China losing wage cost advantage: Study
• UK wage growth slows, jobless rate holds at 32-year low