Indian companies pay a salary of Rs 4.8 lakh to each of their employee

NEW DELHI: Indian companies pay a salary of Rs 4.8 lakh to each of their employee on an average, but earn a profit of Rs 6 lakh per employee in return, says a new survey. According to a study by Pricewaterhouse Coopers (PwC) -- Measuring Human Capital - Driving Business Results -- organisations in India pay an average remuneration of Rs 4.8 lakh and earn Rs 6 lakh of profit per employee, which makes the human capital return ratio on investment to 1.79 for...

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MMTC Ltd. 's gold , Silver Imports to Rise

NEW DELHI - MMTC Ltd., India's largest gold importer, will step up imports of both the yellow metal and silver in the financial year that started on April 1 to tap growing demand as investors scramble for safe assets, a senior company executive said Tuesday. The state-run trading company expects to import around 275 tons of gold in 2011-12, compared with 245 tons a year earlier, said the executive, asking not to be named. It also plans to raise silver imports by 50% to 1,200 tons during the same period, he added. European and U.S. stock...

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