Gender continues to be a significant parameter in determining salaries, as men earned a median gross hourly salary of Rs 345.8, whereas women earned Rs 259.8, a survey has showed.
The 'Monster Salary Index' (MSI) report on gender pay parity was released in a survey titled 'Women of India Inc' by online career and recruitment solutions providers Monster India.
Indian equities markets were on Monday lifted by positive global cues, coupled with a marginally strong rupee and healthy buying witnessed in automobile, oil and gas, and banking stocks.
The key indices traded with gains of more than half a per cent each during the mid-afternoon trade session.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) gained 47.45 points
Leading pharma company, Dr Reddy's Laboratories has said that it has acquired 100 per cent stake in Imperial Credit Private Ltd, a Kolkata-based non-banking finance company. The acquisition was for a consideration of Rs 2.05 crore.
"The acquisition process was consummated on receipt of applicable regulatory approvals. The company proposes to undertake the group's captive
Yes Bank has said that it has been recognized as the ‘Best Social Bank’ (in the mid-sized Bank category) during the ASSOCHAM 12th Annual Banking Summit cum Social Banking Excellence Awards. The award was presented by Shri Arjun Ram Meghwal, Hon’ble Minister of State, Finance, who graced the occasion as the Chief Guest.
This prestigious award recognizes financial inst
The government is examining the possibility of India’s largest steel maker Steel Authority of India Ltd (SAIL) undertaking 'operation and maintenance' (O&M) of ailing Monnet Ispat & Energy Ltd (MIEL) till the lenders are able to find a buyer for the company, as per the media reports. However, it may not be possible for SAIL to take over MIEL which is up for sale but it wou
Tata Steel could be considering withdrawing from talks on a planned merger of its European business with German conglomerate Thyssenkrupp, British media reported on Sunday.
The Sunday Times newspaper said that Tata Steel is considering a "daring plan to break off a planned merger" of its European business with those of the German conglomerate.
Such a deal with the
Upcoming macro-economic industrial production data and cues on a likely US interest rate hike will determine the movement of the equities indices in the week beginning on Monday.
"The coming week for the markets will be largely dominated by global sentiments, especially the US markets, and the domestic flows which have been gaining prominence in the recent times," Devendra N
NEW DELHI - India moved a step closer on Saturday towards launching a new national sales tax from July after a panel of federal and state finance officials finalised two key bills to be put before parliament.
The Goods and Services Tax (GST) has missed several launch dates. On Saturday, Finance Minister Arun Jaitley said the measure is on track for a rollout from July
Profit booking after five-weeks of a bull streak pulled the key equities markets down during the just concluded weekly trade session.
The key indices closed on a flat-to-negative note, as investors' risk taking appetite got eroded due to a likely US interest rate hike.
However, positive global cues, coupled with upbeat domestic macro-data and inflows of foreign funds arr
Lending major ICICI Bank on Friday informed the stock exchanges that it has raised $300 million through the issuance of bonds.
"ICICI Bank, acting through its DIFC (Dubai) branch, priced an issuance of 5.5 year fixed rate notes for an aggregate principal amount of $300 million," the lending major informed the stock exchanges.
"The notes were sold under the Reg
Automobile major Maruti Suzuki India on Friday entered into the high-performance segment with the launch of Baleno RS priced at Rs 8.69 lakh.
According to the company, the Baleno RS is powered by a 1 litre 'Boosterjet Direct Injection Turbo Charged' engine - which delivers 20 per cent more power and 30 per cent more torque than a 1.2 litre 'naturally aspirated' petrol