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Well, see this thread of easyexpat forum. Hope it might be useful. http://www.easyexpat.com/forums/how-find-job-india-t21215.html
It's not true. In India, you can get handsome salary if you are in a good organization. They pay you huge amount.
Some other useful websites are: http://www.shine.com http://www.firstnaukri.com http://www.jobstreet.co.in Other HR firm such as...
In India, it's really quite tough to find a job online. Only few agencies and companies provide jobs (in genuine way) here. Hope to get more...