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IANS 01 October 2016
US-based software major Cognizant Technology Solutions Corporation on Friday announced an internal investigation under the US Foreign Corrupt Practices Act into certain payments made to facilities in India.   The probe led the company to appoint its IT Services Chief Executive Rajeev...

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IANS 06 September 2016
Even as the Institute of Science (IISc), Bangalore remains the country's top university, its global ranking has dropped two notches to 152 in the latest QS World University Rankings 2016-17 released on Tuesday.   Founded in 1909 as a result of the joint efforts of Jamsetji Nusserwanji...

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IANS 02 September 2016
The government on Thursday notified the National Apprenticeship Promotion Scheme to offer financial incentives to employers.   "The Scheme has an outlay of Rs. 10,000 crore with a target of 50 Lakh apprentices to be trained by 2019-20.    Union Ministry of Skill Development...

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IANS 30 August 2016
Some 33 lakh employees of the central government had reason to cheer on Tuesday with the government announcing their annual bonus that has been pending for two years.   "The bonus entitlement for 2014-15 and 2015-16 will be released on the revised norms for central government...

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IANS 25 August 2016
In an unprecedented move, the Indian Institute of Technology-Bombay (IIT-B) on Thursday released the names of nine companies it had blacklisted for allegedly going back on plum job placements they offered to its students.   These companies, most of them start-ups, were blacklisted for...

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IANS 22 August 2016
The Supreme Court on Monday said the stay of the Gujarat High Court verdict quashing 10 per cent reservation for the economically weaker sections will continue but no admission would take place on the basis of the quota was carved out in the wake of Patel agitation in the...

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Akanki Sharma (IANS) 22 August 2016
Happiness knew no bounds for 18-year-old Aditya Pratap Singh Rathore and his family when he was named the winner of the IndiaSkills 2016 competition held here last month.   Hailing from the city of the Taj, Rathore won the first prize in the "Automobile Technology Skill" category at...

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IANS 16 August 2016
Global software major Infosys Ltd. will soon lay off about 3,000 techies since the Royal Bank of Scotland (RBS) has cancelled the contract for setting up a new bank (Williams & Glyn).   "Subsequent to this (RBS) decision, we will carry out an orderly ramp-down of about 3,000 persons,...

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Dr Abhijit Gosavi 08 August 2016
As someone who grew up in India, getting his high-school and part of his college education there, and as someone who has been an engineering professor in the U.S. for the last seventeen years, I have had the opportunity to observe students from multiple nations. Students from India have key...

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IANS 02 August 2016
The first meeting of the committee appointed to look into the allowances recommended by the 7th Pay Commission is scheduled this week while the payment of arrears will commence from this month, Finance Secretary Ashok Lavasa has said.   "The decision to defer the decision pertaining...

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While more young women are enrolled in higher education than ever before -- and apparently more successful in clearing 10th-standard board exams than young men -- they are either marrying early or not finding or not looking for jobs, according to an IndiaSpend analysis of various...

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Jaideep Sarin (IANS) 27 July 2016
Chandigarh : Burning the midnight oil were not the only stress factor this year of candidates aspiring for the limited number of seats at the country's medical colleges.   These were compounded by a dress code, a long list of banned items and strict do's and don'ts.   From...

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The top human resource priority for organisations in the second half of the year will be the retention of talent, a survey revealed on Tuesday.   In the survey conducted by India's leading C Level executive search firm Executive Access, 37 per cent organisations said that given the...

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The Central government employees will get fatter paychecks starting from August salaries, according to a gazette notification issued by central government on the Seventh Finance Commission report here on Tuesday.   The central government has decided to implement the seventh pay panel...

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The latest Monster Employment Index (MEI) showed the online recruitment activities saw a 17% growth over last year, a top company official said on Monday.   "The overall growth rate, even though lower than the past months, has continued to chart a double digit growth with certain...

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Indian IT bellwether Tata Consultancy Services Ltd (TCS) on Saturday announced that its non-executive director Phiroz Vandrevala had resigned from the company for personal reasons on Friday.   "Phiroz Vandrevala has relinquished the office of non-executive director of the company, due...

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Moneylife Digital Team 29 June 2016
The union cabinet cleared the Seventh Central Pay Commission (7CPC) recommendations, which would boost consumption to the economy by Rs45,110 crore or about 0.30% of gross domestic product (GDP) and increase savings by Rs30,710 crore (0.20% of GDP), says India Ratings and Research...

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New Delhi : The cabinet on Wednesday approved the Seventh Pay Commission Report's recommendations for central government employees, official sources said.   The recommendations will impact the some 47 lakh central government employees and 52 lakh pensioners.   Disclaimer:...

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Moneylife Digital Team 28 June 2016
The Union Cabinet is likely to discuss and take a final call on the recommendation to implement the seventh Central Pay Commission. This follows a report submission by the Committee of Secretaries, which has recommended a little less than 20% average hike as against an earlier media report of...

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Moneylife Digital Team 21 June 2016
Nikesh Arora, one of the highest paid executives in the world, has resigned from Japan-based Softbank Group Corp (SBG). He will continue to remain as an advisor to Softbank. According to Softbank, Arora's resignation from the position of Representative Director and Director of SBG will become...

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