Thursday, April 15, 2010

Corporate Snippets

Infosys will offer up to 17% salary hikes for over 100,000 employees this year, as the company seeks to retain staff and also attract new recruits in the year. (ET)


Tata Steel asked a member of British Parliament not to be "over-critical" about the company’s strategy in dealing with problems in Corus. (BS)


ONGC to challenge the government’s decision to withdraw the seven year tax holiday on production of natural gas. (ET)
  

Infosys has bagged an order worth US$150mn order from Microsoft. (BS)

Tata Sons is taking a book building to sell its Tata Motors DVR shares. (ET)
Cairn Mangala field to hit peak output in 2010. (BS)



Ranbaxy to recall two consignments of one of its antibiotics from the US market. (ET)

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