IT cos formed cartel to keep salary low?

THE ECONOMIC TIMES Daily Newsletter

It's not just RCom; Anil Ambani's fortunes kept shrinking after the split with Mukesh Ambani In 2007, Anil Ambani's worth was $45 bn, while Mukesh's was $49 bn. In 2017 Forbes List, Anil's worth had shrunk to just $3.15 bn while Mukesh's was $38 bn.

Expired, damaged drugs returned are not "supplies"; to save Rs 500 crore hit Indian Pharmaceutical Alliance had noted that the industry annually receives around Rs 3300 to Rs 5500 crore in expired or damaged stock and expected a hit of about Rs 500 crore.

IT companies formed cartel to keep entry-level salary low: TV Mohandas Pai Pai agreed with NR Narayana Murthy, who said that in the last seven years, the salaries of freshers in the software industry have stayed stagnant, while the same for senior-level employees have grown multi-fold.

Uncertain times await Arab World and Indian interests in 2018 Political developments in the Gulf, deteriorating Saudi-Iran ties and competing global interests require deft handling of India's outreach to the Arab world.

Cheque books of these SBI account holders will become invalid from Dec 31 Accountholders of banks merged with State Bank of India (SBI) have to get cheque books bearing the new IFSC code by December 31, 2017.

Want to crack that interview? These are the top 4 selection factors If you aim to clear interviews, you must understand what interviews test you on? The answer to this question may be the gateway to your dream job but is rarely discussed.

From our Partners The digital initiative which is transforming lives of millions "We make a living by what we get, but we make a life by what we give," goes a saying by Winston Churchill.

In the next decade, people with STEM will have highest-paying jobs: Thomas Friedman ​The Pulitzer-winner believes that the future belongs to those who can combine empathy with aptitude. Global stocks rally makes world's wealthiest richer by $1 trillion in 2017 The number of Asian billionaires surpassed the US for the first time, a UBS and PWC report said.

Ready returns: MACD shows these 55 stocks are gearing up for a rally The bears have gone on year end holiday and the bulls are making merry on Dalal Street.

From our Partners 5 reasons why ULIPs can help you save for the long term

Slow mobile? Hackers could be mining crypto coins on your cell Currencies like Monero and Bitcoin are created by computer codes, solving complex math problems. The process requires huge amount of computing power.

Angry young, rural voters to set economic tone for India in 2018 As joblessness grows, a sizeable chuk of voters have stayed away from BJP, which led to the ruling BJP's lowest seat tally in Gujarat in over two decades.

How Indian army can silence Pakistan's rogue army once and for all When the Pakistani army begins to hurt and bleed, the 'deep state' there will come to realise the futility of its nefarious designs on India.

Amul goes on offensive against other brands using its name A case has been filed in the Gujarat High Court against the registries in Delhi, Mumbai, Kolkata, Chennai and Ahmedabad for allowing the registration of Amul or similar sounding names as trademarks.

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