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Pharma, telecom, FMCG sectors may hike pay 12% in 2010
Driven by scarcity of talent and increasing competition, India Inc is expected to hike salaries in the new year with the pharma, telecom and consumer goods companies leading the space with up to 12 per cent pay hike, global consultancy Ernst & Young (E&Y) says.

Nabard sanctions Rs 159.86 cr for rural infra
The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs 159.86 crore under Rural Infrastructure Development Fund (RIDF) XV to West Bengal. This includes an innovative Heifer Production Project (Rs 8.61 crore) in Kalyani. The project would generate and supply good quality crossbred cows and buffaloes throughout the state to boost milk production.
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Ipca Labs mulls stock split; Board meet on Jan 21

A meeting of the board of directors will be held on January 21 to consider sub-dividing the equity shares and a second interim dividend for FY09-10, besides the unaudited financial results for the third quarter and nine months ended December 31, 2009, according to the company"s filing with the BSE. - Sunny re-rating of pharma companies - Jindal Saw pares gains after stock split - Allcargo Global to raise Rs 101 cr via debenture issue - Educomp up 6% - GMR Infrastructure okays stock split - GMR Infra splits stock in the ratio of 1:2 The company had declared he first interim dividend for FY09-10 last October. The shares of IPCA Labs are trading at Rs 1090, stronger by Rs 44 or 4.4%, on the BSE.


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