PF arrears soar to Rs 1,377 cr PSUs are drag on recovery
PROVIDENT fund dues stood at Rs 1,377.87 crore at the end of the last quarter despite all-out efforts by the Employees' Provident Fund Organisation (EPFO) to recover the arrears from employers across the country. This may put the EPFO under ...
Surf war may be a pinprick, but ripple effect may hurt HLL
THE recent price cut of about 20-25 per cent on its premium detergent brand - Surf Excel - will cause barely a ripple in Hindustan Lever's bottomline. But there will be a bigger impact on HLL, if the price war is followed by a loss of market ...
Steel industry says price hike forced by rising input costs
THE Indian Steel Alliance (ISA) has termed the allegations made against the domestic steel industry regarding rising steel prices as "unjustified and baseless." In a statement here on Sunday, the Chairman of the Alliance, Dr Jamshed J. Irani, ...
Pvt banks in a scramble to manage wealth
THE wealth management business faces cutthroat competition even as new customers emerge. Private and foreign banks and broking houses have made poaching the name of the game. Traditionally, wealth management, as defined in developed markets, is ...
Drug access vs MNCs: New theory aims to resolve debate
EMOTIONS run high when the debate is about providing medicine to people at affordable costs, as against rewarding drug companies for doing innovative work and coming out with breakthrough drugs. Rewarding innovative work translates to keeping ...
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