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Articles by Avalokita Pandey

Housing sales and launches dive steeply in December quarter: Report

02/28/2017 4:05 PM | Tuesday
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Housing sales fell sharply by 31 per cent while housing project launches dipped 40 per cent in eight major cities during the December quarter due to market uncertainty post-demonetisation, according to a report.

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Tata Sons agrees to compensate DoCoMo for exiting JV: TTML up 15 per cent

02/28/2017 12:18 PM | Tuesday
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In a deal which is likely to be announced later on Tuesday, the holding company of the Tata Group, has agreed to compensate USD 1.17 billion to Japan's NTT DoCoMo, after their long-standing dispute reached to a conclusion.

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Salaried employees may soon be eligible for Rs 20 lakh free gratuity

02/28/2017 11:23 AM | Tuesday
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In a latest development and as a part of a triparite consultation, the formal sector workers may soon be eligible for Rs 20 lakh free gratuity as central trade unions have agreed on the proposal presented by the Ministry of Labour. The proposed amount was demanded to bring the maximum ceiling amount to Rs 20 lakh in-line with the 7th Pay Commission's recommendations.

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PSBs likely to go on strike on Tuesday

02/27/2017 6:36 PM | Monday
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Banking operations are likely to be hit due to the proposed strike of public sector banks on Tuesday. The United Forum of Bank Unions (UFBU) has threatened to go on strike to press for various demands, including non-performing assets (NPAs), accountability of top executives, adequate recruitment for all posts and bad loans in the banking sector.

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JSW Group now explores options in aviation sector

02/27/2017 3:30 PM | Monday
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JSW Group, an Indian conglomerate and part of the OP Jindal Group, is now exploring options in the aviation industry by improving flight connectivity for small towns and villages.

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Capital market witnesses Rs 14,638 crore FPIs inflow before month-end

02/27/2017 12:30 PM | Monday
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Around Rs 14,638 crore has been pumped in the Indian equity markets in February 2017, through foreign portfolio investment (FPI) so far. According to depository data, FPIs infused Rs 9,359 crore in equities during February 1 to 23 and another Rs 5,279 crore in the debt segment, making it to a total inflow of Rs 14,638 crore.

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Nearly half-a-dozen IPOs to hit the markets this March

02/25/2017 2:11 PM | Saturday
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The equity markets in India have been witnessing flood of IPOs these days, even including two coming from the Exchanges-while the BSE IPO got an overwhelming response listing at a record high, NSE is now preparing for its IPO. Meanwhile, a host of companies are gearing up to woo the retail investors with their Offers, taking advantage of optimism around the equity markets.

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Expecting a salary hike this April, please don't, says Aon Hewitt

02/23/2017 11:28 AM | Thursday
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Employees may get the lowest salary hike in eight years this year, says a survey conducted by the consulting firm-Aon Hewitt. The survey which was based on 1,000 private companies, projects an average of 9.5 per cent increase in salaries across various industries.

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Jio 'Acche Din' for cell-users: to counter big M, Airtel, Idea, Vodafone launch 'more attractive options'

02/22/2017 3:41 PM | Wednesday
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Amidst Reliance Jio's big announcement on Tuesday about its new schemes retaining loyal customers, Airtel, Vodafone & Idea have launched many attractive schemes also to counter the 'free' schemes of Jio.

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Telecom space gets heated further, Vodafone drags Jio to Delhi HC

02/22/2017 11:06 AM | Wednesday
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The multi-national telecommunications company, headquartered in London, dragged Reliance Jio Infocomm, the wholly-owned subsidiary of Reliance Industries, to the Delhi High Court late on Tuesday.

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