Students of the Newcastle University Business School are on summer internship opportunity, as a part of their global exposure.
Virtual trial room is a new concept e-commerce players in India are looking at seriously. Using a web-camera, users are able to click pictures of themselves and then click on a product, which is then fitted on to their bodies. This helps see how it looks on them. Players such as Zovi.com, Lenskart.com and Kingschest.com have introduced this feature. Myntra.com will do so in two months.
The Tata companies employ 4,25,000 people across seven sectors, worldwide, thus constituting a vast talent pool. "An initiative like this enables us to retain and nurture talent, and at the same time gives existing employees a chance to move across locations," says Satish Pradhan, chief, group human resources, Tata Sons.
Volkswagen, which has two heavy-duty truck brands, Scania and MAN, is eyeing an equity stake in Navistar to gain a stronger foothold in the US commercial vehicle market, according to international media reports.
According to data compiled by BS Research Bureau for BSE 100 companies, seven public sector companies -- Indian Oil Corporation (IOCL), Bank of India, Union Bank, Bharat Petroleum (BPCL), Oil and Natural Gas Corporation (ONGC), Hindustan Petroleum (HPCL) and GAIL -- have reduced their employee costs ranging from one per cent to 21 per cent.
Having started with an economical Rs 999 per room, Ginger, into its eighth year, currently charges Rs 1,500-2,000 per room.
Demand on rise as companies look to expand in Asian, European markets
The life insurance arm of the country's largest private-sector lender does it not to expand workforce, but to maintain its strength, as almost a similar number of staffers keeps leaving every month.
The Mumbai-based company is simultaneously working on concepts such as full hybrids, battery-powered powertrains, bio-diesel, fuel-cells and hydrogen-powered engines. Some of these vehicles will be ready for launch by 2015, according to the company whose 99 per cent of products are driven by diesel engines today.
Absence of diesel options, economic slowdown hurt sales
State Bank of India and IDBI Bank have decided not to go to the IIMs this year.
Niche portals like Jewelsnext.com, Caratlane.com and Suratdiamonds.com are making the best use of it, apart from the traditional e-commerce players.
Nissan Motor Company may have missed the boom in small cars in India. But the third-biggest Japanese car maker is confident of shoring up volumes, as it works on several small car projects simultaneously.
Jaguar Land Rover (JLR) -- the two premium brands owned by Tata Motors, India's largest automotive company -- will tighten up frivolous expenditure to contain cash in a slowing automotive market.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
Communication has instilled a sense of trust and belief among the employees.
The Mumbai-based entity has yet to apply for a re-certification for federal emissions with the Environmental Protection Agency of the American government.
Almost all star-rated hotels in the tourist hotspots of Goa, Kerala and Rajasthan are reporting total sellout of room inventory for New Year's Eve, even though hospitality rates for that period have been more than doubled.
Most companies see the next few quarters as a period of uncertainty and are trying to shift costs from fixed to variable.
Indian CEOs already have most of the skills to take on the world.
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