Spectrum auction, Infosys pay hike, Section 66A of IT Act and other big stories of the week

THE ECONOMIC TIMES Sat, Mar 28, 2015 | 11:52 AM IST Weekly Platter Newsletter

Infosys rolls out average salary increment of 6.5% Employees on an average have been given hikes of around 6.5%, while top performers will get about 9%. Onsite employees will get 2% hike. read more Spectrum: Airtel, Vodafone, Idea commit about Rs 85K cr to govt The companies have offered top dollars for airwaves with high-speed data-carrying capacity, an indication that they are betting big on an expected mobile data explosion. Supreme Court strikes down Section 66A of IT Act; says it's unconstitutional The court said that Section 69A and 79A did not fall foul of the constitutional tests as any orders would be in writing and can be challenged in the high court.

Editor's Pick Are you in danger of getting the pink slip? Find out if your job is safe India Inc has become more conscious of the bottom line. Companies are ruthlessly shedding flab in the quest for higher profitability. Vitara Brezza: Maruti's answer to rivals Ecosport & Duster Vitara Brezza will be powered by a 1.3-litre diesel engine. Priced between Rs 7.5 and 11 lakh (on road), it will take on Ecosport and Duster. Narendra Modi government in final lap to approve IIM Bill The proposed law, according to officials, is expected to come up for Cabinet nod before the budget session resumes in Parliament on April 20. Women on top: Raise a toast to India Inc's Rising Women Leaders of 2015 The Corporate Dossier - Spencer Stuart listing of India Inc's Rising Women Leaders has names from consulting, law, pharma, but the largest no is from FMCG.

Most Popular This Week PMO to replace existing public web-interface with new portal 'PRAGATI' 18 tax defaulters owe Rs 500 crore to exchequer; government releases list Can Cyrus Mistry rescue Tata Motors, which is grappling with challenges? Co-pilot appears to have crashed Germanwings jet deliberately: French prosecutor Fare and square: GoAir offers discount on tickets, lowest at Rs 999

Story of The Week Four steps taken by Modi govt to make it easier to book train tickets From pre-paid cards to cash on delivery, railways is doing everything to make ticket bookings simpler and less painful for passengers. read more

Money Why unclear tax treatment is making investors wary of NPS Three weeks ago, the Union Budget 2015 gave a big push to the NPS by creating a Rs 50,000 tax break that can be utilised only by investing in the NPS. How to manage finances if you lose your job With inflexible cash flows, if you suffer a job loss, your next job quickly needs to pay you the same income so that you can sustain your expenses.

Stock Round Up Yemen or bad omen? Nifty wipes out 2015 gains Nifty has wiped off 2015 gains as it slipped below the crucial 8,300 level. It is down 9.2% from the recent peak of 9,119 hit on March 4 this year.

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