Author Archive

Attrition peaking in Indian IT industry

We spoke here about an improving job market in the IT scenario that attrition, hikes, promotions and retention bonuses are back. In a striking proof to the same, one of the country’s major IT firms is seeing attrition at the rate of 4000 per month against an average of 1200 it usually sees. 4000 a [...]

Mobile Number portability will be possible by May: Telecordia to do it

Mobile number portability has been a key focus article in moneymint and we have been tracking its various developments here, here, here and here. Now the latest news is that Telecordia, the US based telecom solution has got the nod from the Govt. especially the home ministry to set up its shop in India. As [...]

Delhi: The most livable city in India

Surprise! Surprise! Delhi is the most livable city in India. This has come out as a result of livability index 2010 survey by CII and Institute for Competitiveness. While Mumbai ranks second and Chennai the third, Bengaluru, Kolkata, Hyderabad, Ahmedabad, Pune and Gurgaon are the other toppers in the order of their ranking.
Steel city of [...]

Get ready to pay for airport usage

Airline industry went through a sweeping change with the introduction of the so called low cost airlines which finally made flying affordable to the middle class. This sweeping change came with unprecedented  air traffic and rush at the airports. This led to newer airports in the bigger cities and metros.

Now, Bangalore already has a new [...]

Honda setting up new plant in Rajasthan

Automakers Honda are planning to set up a plant , its second plant in Rajasthan at an investment of Rs 1,100 crore (Rs 11 billion) with an installed capacity to produce 12 lakh units per annum.

According to sources, the construction work will begin this month itself. The company will set up the plant near Bhiwadi [...]

IIM-B Final placement season: Raining jobs there

..Already around 100 students out of the total 250 have got jobs from investment banks and consulting firms with salary in the range of 15-20% higher than the last year’s salary. People familiar with the placements said the firms will be offering average domestic salary in the range of Rs 13-22 lakh per annum. On the other hand, international salary package, when converted into Indian rupees, is expected to reach Rs 1 crore..

Marketing Mantra of Indian Cinema: The changes

There was a time in early 2000. Two of the country’s biggest superstar Shahrukh Khan and Aamir Khan had films ready for release. One an average film bashing the media , the other a below average film from an actor par excellence. Nevertheless, market was confident of these movies doing great business. But these two [...]

Mega Outsourcing deals are back: Billions of $ rolling in

Mega size outsourcing deals for Indian companies are back. One such example was the latest $1.5 billion British Petroleum ’s IT contract worth $1.5 billion awarded to Indian vendors TCS, Infosys and Wipro early this year. Experts suggest that there are more such projects in pipeline. With US trying to bring in anti-outsourcing laws and [...]

Record salary at IIM-A placements: Job market in green again

In a striking proof to the theory that the worst is over for the job market, Deutsche Bank which had set the upper ceiling in 2008 by offering a Rs 1.44-crore package, has broken that record this year at IIM-A.
Deutsche Bank, back at the campus after a year, bettered its previous offer and had made [...]

IPL 3 2010: Business lessons to be learnt

We wrote about the business of Indian Premier league here and that the top B-schools have accepted it as a very good business model here. And now, the third season of the Indian Premier league is here. Hence, we thought we would try to analyze why is IPL such a huge success and what are [...]