Recession has affected almost all of the industries in India. Big 4 firms  despite their might have been having a tough time dealing with the recession. One chain of thought argues that big 4 firms should, to some extent, be sheltered from the current crisis. Their type of client, the large private and public multinational company, will invariably have a legal requirement...

Salary cuts and layoffs may still be the easy way out for companies bogged down by short-term fears, but an increasing number of employers are investing in the present to hedge the future. Firms such as Maruti Suzuki, Max India Group, Dabur, LG Electronics, Ceat and Wockhardt Hospitals are initiating innovative employee reward and recognition schemes, announcing perks...