Infosys, TCS, MindTree, Hexaware witness sharp decline in attrition levels

Dated:October 28,2011


IT cos have been witnessing sharp decline in attrition levels. This is similar to '08 recession when attrition declined as job opportunities fell.

Maruti Suzuki is feeling the pinch of labour strikes as the prospective customers of one of its successful models 'Swift' deciding to cancel orders.

The deregulation of the rate is expected to spark off competition among banks to garner low-cost deposits.


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