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Archive for June 18th, 2008

IT Firms Ask Staff Deposits

Wednesday, June 18th, 2008

IT companies are seeking security bonds ranging from Rs 75,000 to Rs 2 lakh from new recruits to discourage them from moving to other firms. Software professionals who leave a job without sufficient notice period will lose the money.

IVR Prime Plans 10-15 Resorts

Wednesday, June 18th, 2008

IVR Prime Urban Developers, the urban development arm of the $625-million realty giant IVRCL Infrastructures & Projects, will build holiday resorts and conference centres across India to cash in on the fast-growing meetings, incentives, conventions and events (MICE) market here.