Gov raises MNREGA wages by 17-30%

The government has raised the minimum wages under its ambitious job guarantee scheme, the National Employment Employment Guarantee Scheme (NREGS) 17-30%, it said in a statement on Tuesday. The increase has been based on the increase in the Consumer Price Index for the agricultural labour, it said, adding that the total spend on the project […]

Army calls the shots, US told India miffed over 26/11 inaction by Pakistan (Wikileaks)

India was sorely disappointed by the Government of Pakistan’s failure to take “visible” steps against the Lashkar e Toiba militants accused in the Mumbai terror attacks, but the US consoled it by pointing out that the Pakistani civilian government was powerless before its own army. According to a US diplomatic cable written in February last […]

Cognizant expects growth to dip in 2011

Cognizant Technologies, the fastest growing India-based IT services firm, warned of slower growth in 2011 compared to 2010 due to the exhaustion of ‘pent up’ demand. The firm, which posted another blockbuster quarter with a 45.2% jump in revenues, also announced an aggressive $500 million office-expansion program for accommodating 55,000 more employees. The firm, likely […]

Devas hits back at detractors

Embattled satellite music firm Devas Multimedia today came out strongly against allegations of misappropriation of spectrum levelled by some media outlets. In media briefings in the capital, Devas’ founder and president, Ramachandran Viswanathan blamed corporate rivals and other vested interests for the controversy. He also denied that his firm had got a ‘sweetheart’ deal from […]

Adarsh must go, says Jairam

After nealry 2 months of deliberations, the environment ministry under Jairam Ramesh order the 31-storey Adarsh Co-operative Society building to be demolished. The final order, issued on Sunday, found the Society guilty of “negligence or an act of gross and deliberate misrepresentation” in failing to secure environmental clearance for their building. The order also found […]