News for 'job cuts'

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

50% tariff to severely hit exports of shrimp, apparel, diamonds and footwear

Rediff.com27 Aug 2025

The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.

Citi chief Prince denies job cut talks

Citi chief Prince denies job cut talks

Rediff.com27 Mar 2007

Charles Prince, chief executive officer, Citigroup has vehemently denied reports that the banking major is planning to shed thousands of jobs and focus outside North America for growth and termed it as 'press voyeurism'.

'Every Time I See A Cancer Victim Smile, I Feel A Surge Of Energy'

'Every Time I See A Cancer Victim Smile, I Feel A Surge Of Energy'

Rediff.com15 Dec 2025

Meet Zeenath PA, the Kochi social worker whose handmade wigs are helping Cancer survivors reclaim their identity.

'For Me, Salman Khan Is Still 30'

'For Me, Salman Khan Is Still 30'

Rediff.com25 Dec 2025

'When I met him on the Bigg Boss set, he greeted me in the same way that he would during Dabangg, 'Aur Chedi Singh, kaise ho?''

Textiles: Job cuts continue; small units facing closures

Textiles: Job cuts continue; small units facing closures

Rediff.com22 May 2012

The industry has requested the Reserve Bank of India for restructuring of loans, the chairman said. According to estimates, the sector has a loan burden of about Rs 1 lakh crore (Rs 1 trillion).

Corus may cut jobs

Corus may cut jobs

Rediff.com26 Jun 2009

Tata Steel's Anglo-Dutch Corus unit was starting consultations on job cuts due to the continued deterioration in market conditions and falling demand.

Garnacho double fires Chelsea into League Cup semis

Garnacho double fires Chelsea into League Cup semis

Rediff.com17 Dec 2025

Christensen, Rashford on target as Barcelona beat Guadalajara in Copa del Rey

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

Shifting My House Erased My Voter Record!

Shifting My House Erased My Voter Record!

Rediff.com9 Jan 2026

'I don't want to be called a new Indian voter when I am an old Indian voter.'

Gems & jewellery exports slipped 30% in October: GJEPC

Gems & jewellery exports slipped 30% in October: GJEPC

Rediff.com24 Nov 2025

India's gems & jewellery exports witnessed 30.6 per cent year-on-year (Y-o-Y) contraction in October to $2.17 million, amid the imposition of a steep 50 per cent tariff by the United States (US) on several Indian products.

Despite profit-booking, Sensex, Nifty end higher

Despite profit-booking, Sensex, Nifty end higher

Rediff.com8 Sep 2025

Among Sensex firms, Tata Motors rose the most by 3.97 per cent. Mahindra & Mahindra jumped by 3.96 per cent. Maruti, Adani Ports, Bajaj Finance and UltraTech Cement were also among the gainers. However, Trent declined 3.81 per cent. Asian Paints, HCL Tech, Tech Mahindra, L&T, TCS, Power Grid and Sun Pharma were also among the laggards.

SC to hear on Tuesday TVK plea against electoral roll revision in TN

SC to hear on Tuesday TVK plea against electoral roll revision in TN

Rediff.com2 Dec 2025

The Supreme Court has agreed to hear a plea challenging the Election Commission's decision to conduct Special Intensive Revision (SIR) of electoral rolls in Tamil Nadu, Kerala and West Bengal. The court is also addressing concerns about disenfranchisement and citizenship issues related to the revision process.

Two key drivers for stock markets this week

Two key drivers for stock markets this week

Rediff.com14 Sep 2025

Equity markets will keenly track outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut along with WPI inflation data, analysts said. Any further development on the USndia trade front would also drive trends in the equity market, experts said.

Why The '2 Gujaratis' Chose Nitin Nabin

Why The '2 Gujaratis' Chose Nitin Nabin

Rediff.com15 Dec 2025

Nitin Nabin's selection is a bold political decision by the Two Gujaratis. When Rahul Gandhi has resurrected the issue of social justice, the BJP and the Two Gujaratis are sticking to their plan and agenda, explains Sheela Bhatt.

Saudi job cut plan to hit Indians

Saudi job cut plan to hit Indians

Rediff.com22 Nov 2006

Saudi Arabia has decided to curb its reliance on foreign labourers and implement a slew of measures to tackle the problem of unemployment in the Kingdom.

The dark side of duty cut on smartphone parts

The dark side of duty cut on smartphone parts

Rediff.com7 Jan 2025

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.

Q1 presales solid for India's top listed real estate firms, profits patchy

Q1 presales solid for India's top listed real estate firms, profits patchy

Rediff.com29 Aug 2025

India's top listed real estate developers - DLF, Lodha Group, Prestige Estates, and Oberoi Realty, excluding Godrej Properties - reported strong presales growth in the first quarter (Q1) of 2025-26 (FY26), even as earnings showed a mixed trend. According to Nomura, the top five developers - DLF, Lodha, Prestige, Oberoi, and Godrej - recorded a cumulative 59 per cent year-on-year (Y-o-Y) growth in presales.

'Chilled' Smith Ready For Ashes Heat

'Chilled' Smith Ready For Ashes Heat

Rediff.com20 Nov 2025

Steve Smith cut a relaxed figure when he named the Australia team for the opening clash in his ninth and possibly final Ashes series on Thursday.

Samvat 2082: Investors likely to see up to 15% returns from equities

Samvat 2082: Investors likely to see up to 15% returns from equities

Rediff.com5 Nov 2025

After a year of modest returns, equity investors may anticipate gains of 10-15 per cent in Samvat 2082, which began on October 21. Although valuations have moderated from their peaks a year earlier, they remain above long-term averages, potentially limiting sharp upsides.

Perfect Family Review: Realistic But Dreary

Perfect Family Review: Realistic But Dreary

Rediff.com28 Nov 2025

All this time the Great Indian Family was a refuge, when did it become a toxic dump, wonders Deepa Gahlot.

India on track to surpass $4 trn GDP in FY26: CEA

India on track to surpass $4 trn GDP in FY26: CEA

Rediff.com26 Nov 2025

India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday.

India's manufacturing activity falls to 4-month low in Sep

India's manufacturing activity falls to 4-month low in Sep

Rediff.com1 Oct 2025

India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to one-year low, a monthly survey said on Wednesday.

Suspended TMC MLA lays 'Babri-style' mosque foundation in WB

Suspended TMC MLA lays 'Babri-style' mosque foundation in WB

Rediff.com6 Dec 2025

Kabir cut a ceremonial ribbon alongside visiting clerics on the dais as slogans of "Nara-e-Takbeer, Allahu Akbar" were raised at the venue, where thousands had gathered since morning.

What Is DMK's Plan To Counter Vijay?

What Is DMK's Plan To Counter Vijay?

Rediff.com18 Dec 2025

The DMK may consider a two-tier campaign, where they keep the focus on Chief Minister Stalin, as a senior statesman with 50-plus years of political experience, and let EPS and the BJP shout in the wilderness. In such a case, the second-tier may project Udhayanidhi as the contender and chosen obstructionist in Vijay's path. The attempt, if any, would be to reduce Vijay to Udhayanidhi's level when the former is aiming at Stalin and Stalin alone in the state's political horizon, predicts N Sathiya Moorthy.

'Opening one of the toughest jobs in cricket'

'Opening one of the toughest jobs in cricket'

Rediff.com7 Jan 2025

Matt Renshaw feels he figures way down in the Australian selection pecking order for the opener's slot.

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Nitish Kumar Has The Opportunity Of A Lifetime To Change Bihar

Rediff.com18 Nov 2025

If he cannot do it this term by using his bureaucracy and experts from different fields, it will be a tragedy, asserts Ramesh Menon.

How India Struggles With Sleeplessness

How India Struggles With Sleeplessness

Rediff.com15 Dec 2025

'Sleep is when your blood pressure falls; this nocturnal dip is when the heart gets rest.'

Corus to cut 2,045 more jobs

Corus to cut 2,045 more jobs

Rediff.com26 Jun 2009

A statement issued on Thursday by Corus said the consultation process within the company identifies 2,045 jobs as being at risk. Some 1,500 of these are in the company's production facilities -- around 800 at the engineering steels sites, mainly Rotherham and Stocksbridge; about 370 in Corus Tubes in the UK and the Netherlands; and about 375 at downstream rolling and finishing plants in Teesside and Scotland.

Trump Tariffs Dim Diamond City's Diwali Sparkle

Trump Tariffs Dim Diamond City's Diwali Sparkle

Rediff.com18 Oct 2025

For both polishing unit operators and diamond merchants, the US is still the biggest export destination: Three in every 10 diamonds polished in India end up in American stores.

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

RBI cuts rate by 25 bps to 6%; home, auto loans to get cheaper

Rediff.com9 Apr 2025

The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers.

New Visa Rules: Tough Times Ahead For UK-Bound Indian Grads

New Visa Rules: Tough Times Ahead For UK-Bound Indian Grads

Rediff.com15 Oct 2025

Indian graduates face tougher English tests, shorter post-study stays, higher costs and stricter settlement rules as Britain rolls out sweeping immigration reforms.

How New Labour Code Will Change The Workplace

How New Labour Code Will Change The Workplace

Rediff.com25 Nov 2025

From appointment letters becoming mandatory to gig workers receiving social security to enhanced rights for women and contract labour, the changes reflect India's attempt to balance ease of doing business with stronger worker welfare.

Wipro set to cut hundreds of jobs

Wipro set to cut hundreds of jobs

Rediff.com8 Feb 2024

After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Bengaluru-based IT major Wipro is looking to cut hundreds of jobs, targeting mid-level employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.

Important Lessons Learnt After Being Laid Off

Important Lessons Learnt After Being Laid Off

Rediff.com23 Sep 2025

A software engineer who was suddenly laid off after 15 years shares the lessons he learnt about how to cope in these uncertain, insecure times.

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

Holiday sparks job cut fears in diamond industry

Holiday sparks job cut fears in diamond industry

Rediff.com16 Dec 2008

The Surat diamond industry has once again extended its vacation, fuelling speculations of retrenchment of workers, as global recession has severely affected the sector.

Why BJP, Nitish Need Each Other

Why BJP, Nitish Need Each Other

Rediff.com12 Nov 2025

Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.

From Shravasti to Meerut, Delhi car blast leaves trail of grief

From Shravasti to Meerut, Delhi car blast leaves trail of grief

Rediff.com11 Nov 2025

Families across North India are mourning the loss of loved ones killed in the Red Fort blast, as the investigation continues and security is heightened.

'Villains Are The Most Interesting To Design For'

'Villains Are The Most Interesting To Design For'

Rediff.com9 Dec 2025

'Every film had its challenges, but Mr India, Sadak and Gandhi were the toughest.' 'Mr India needed imagination, Sadak needed sensitivity and Gandhi demanded historical authenticity.'

Bus fire: Sleeping passengers charred beyond recognition

Bus fire: Sleeping passengers charred beyond recognition

Rediff.com24 Oct 2025

For many passengers killed in a fire in the ill-fated private bus in this district on Friday, death struck without a warning.