News for 'job cuts'

Byju's fails to pay BCCI; faces bankruptcy proceedings

Byju's fails to pay BCCI; faces bankruptcy proceedings

Rediff.com16 Jul 2024

Edtech company Byju's, which was once India's most valuable start-up worth an estimated $22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI. The Bengaluru bench of the National Company Law Tribunal (NCLT) on Tuesday allowed bankruptcy proceedings against the firm and appointed an interim resolution professional, suspending the company's board of directors and freezing its assets.

10 Skills You Need For A Career In AI

10 Skills You Need For A Career In AI

Rediff.com1 Oct 2024

Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.

Investors become poorer by Rs 5.49 lakh cr

Investors become poorer by Rs 5.49 lakh cr

Rediff.com6 Sep 2024

Investors' wealth plummeted by Rs 5.49 lakh crore on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93. During the day, it plunged 1,219.23 points or 1.48 per cent to 80,981.93.

What's in store for Ashwin and Jadeja during remainder of series?

What's in store for Ashwin and Jadeja during remainder of series?

Rediff.com2 Dec 2024

It has become difficult for Ashwin to be even considered in the present scenario.

Jimmy Carter's India Connection

Jimmy Carter's India Connection

Rediff.com9 Jan 2025

Lillian Carter, a trained nurse and a Peace Corps worker, spent two years of her life, when she was in her late 60s, serving the poor in India, in the 1960s. She was posted as a volunteer to Vikhroli, then a village 30 km outside of Mumbai and a Godrej township, and was there from 1966 to 1968.

Former Karnataka CM S M Krishna passes away

Former Karnataka CM S M Krishna passes away

Rediff.com10 Dec 2024

Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.

WTA Finals: Gauff Stuns World No 1

WTA Finals: Gauff Stuns World No 1

Rediff.com9 Nov 2024

Olympic gold medallist Zheng, making her WTA Finals debut, got off to a great start against the Czech eight seed, with an early break of serve to take a 3-0 lead.

Waack Girls Review: Worth A Watch

Waack Girls Review: Worth A Watch

Rediff.com22 Nov 2024

Waack Girls, that captures the moods of Kolkata, follows an oft-used template. So there's not much novelty to look for in the plot, but the actors are excellent, applauds Deepa Gahlot.

Rolls-Royce to axe 400 more jobs

Rolls-Royce to axe 400 more jobs

Rediff.com5 Oct 2015

The group issued a profit warning last year as it was hit by the slump in oil prices.

Opel staff fears 10,000 job cuts, oppose GM move

Opel staff fears 10,000 job cuts, oppose GM move

Rediff.com6 Nov 2009

Workers fear that GM might close down one or two production plants in Germany in the process of restructuring Opel. It may also lay off thousands of workers and force the remaining workers to make sacrifices to protect their jobs.

'I'm The Surprise Package Of Housefull 5'

'I'm The Surprise Package Of Housefull 5'

Rediff.com2 Dec 2024

'The Zomato delivery guy wants to click a picture with you.' 'My car has gone for servicing so I ended up going in rickshaws and they recognise me from ads.' 'When I'm walking my dog, people stop by and say, "Oh, we loved you in Bigg Boss.' 'I was shooting for Housefull in a village and there, people were coming over and clicking pictures with me.'

Can I Prepare For UPSC, CAT, IIT-JEE?

Can I Prepare For UPSC, CAT, IIT-JEE?

Rediff.com20 Nov 2024

The Union Public Service Commission entrance and Common Admission Test are completely different from each other and require different approaches, says rediffGURU Mayank Chandel.

EPL PIX: Arsenal down Spurs; Newcastle rout Wolves

EPL PIX: Arsenal down Spurs; Newcastle rout Wolves

Rediff.com16 Jan 2025

Leandro Trossard transformed the mood at Arsenal with the winning goal as they recovered from an early setback to beat Tottenham Hotspur 2-1 at home.

PIX: Liverpool go 7 points clear; Man City's slump continues

PIX: Liverpool go 7 points clear; Man City's slump continues

Rediff.com27 Dec 2024

A summary of Thursday's action in the Premier League.

Who will be the next Manchester United manager?

Who will be the next Manchester United manager?

Rediff.com29 Oct 2024

The favourites to replace Erik ten Hag, who was sacked as Manchester United manager on Monday.

10 Job Skills That Will Rule 2024

10 Job Skills That Will Rule 2024

Rediff.com2 Jan 2024

Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.

Art 370 won't be restored even if Indira Gandhi returns: Amit Shah

Art 370 won't be restored even if Indira Gandhi returns: Amit Shah

Rediff.com13 Nov 2024

Union Home Minister Amit Shah on Wednesday asserted that Article 370, which granted special status to Jammu and Kashmir, will not be restored even if Congress stalwart and late PM Indira Gandhi comes down from heaven.

Demand for IT gig workers grew 157% in H12023, says job firm Awign

Demand for IT gig workers grew 157% in H12023, says job firm Awign

Rediff.com19 Jul 2023

At a time when the tech sector witnessed a spree of layoffs and slowdown in new hiring, IT firms have opted for temporary jobs in order to turn some their fixed costs variable. Work fulfillment platform Awign has reported a 157 per cent rise in demand for such jobs in first half of 2023. Awign says most of the demand has arisen for highly-skilled tech professionals at mid-level and senior positions with 2-7 years' experience.

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Rediff.com6 Sep 2024

Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.

'Driving Tests Are A Joke'

'Driving Tests Are A Joke'

Rediff.com12 Dec 2024

'In the case of a road accident, prevention is the only answer.' 'There's no cure to death or disability when the accident happens, and when it's due to reckless or negligent driving, it's worse because it's avoidable.'

SpiceJet plans to lay off 1,000 people

SpiceJet plans to lay off 1,000 people

Rediff.com12 Feb 2024

Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.

Planning To Buy A House? Read This

Planning To Buy A House? Read This

Rediff.com5 Jun 2024

'Some buyers believe prices may correct in the future.' 'This is unlikely. Many developers are increasing prices amid strong sales and inflationary trends.'

Fadnavis Is BJP's Man Of The Match!

Fadnavis Is BJP's Man Of The Match!

Rediff.com23 Nov 2024

Devendra Fadnavis, a seasoned politician with deep roots in the RSS, is set to become the Chief Minister of Maharashtra for the third time, after his party, the BJP, won a landslide victory in the state assembly elections. Fadnavis' political journey has been marked by resilience and strategic maneuvering, as he has navigated through challenging times, including political upheavals and controversies.

PIX: Noman Ali's heroics lead Pak to series-leveling victory

PIX: Noman Ali's heroics lead Pak to series-leveling victory

Rediff.com18 Oct 2024

Pakistan beat England by 152 runs in the second Test in Multan on Friday to level the three-match series at 1-1.

Citigroup to axe 4,500 jobs soon

Citigroup to axe 4,500 jobs soon

Rediff.com7 Dec 2011

The job cuts will begin this quarter and be completed 'over the next few quarters' across a range of businesses, Pandit said at a Goldman Sachs Financial Services conference in New York.

BGT: What does the pitch hold for opening Test?

BGT: What does the pitch hold for opening Test?

Rediff.com20 Nov 2024

There'll be some deterioration, grass will stand up during the game and offer that variable bounce, but in terms of big snake WACA cracks, unfortunately I don't think the weather is going to get us there, says pitch curator Isaac McDonald.

The Political Mindset On Jobs Needs Change

The Political Mindset On Jobs Needs Change

Rediff.com20 Jun 2023

The challenge is to enhance opportunities for people to generate livelihoods through entrepreneurship, both big and small, argues R Jagannathan.

Metal, auto and IT stocks drag Sensex down by 886 points

Metal, auto and IT stocks drag Sensex down by 886 points

Rediff.com2 Aug 2024

From the Sensex stocks, Maruti Suzuki India, Tata Motors, JSW Steel, Larsen & Toubro, Tata Steel, Mahindra and Mahindra, Tata Consultancy Services, Tech Mahindra, HCL Technologies and Infosys were the laggards. HDFC Bank, Sun Pharmaceuticals, Kotak Mahindra Bank, Nestle India and Asian Paints were among the gainers.

'How Did Nehru End Up As PM?'

'How Did Nehru End Up As PM?'

Rediff.com29 Nov 2024

'About whether I'm worried it will blow up into something, no, I'm used to these things.' 'I am a voice in the city and have said quite a few things that may have ruffled feathers. But I stuck with them because it's your truth.'

Fate of 683 candidates in balance as 43 seats in Jharkhand vote

Fate of 683 candidates in balance as 43 seats in Jharkhand vote

Rediff.com13 Nov 2024

However, in 950 booths, voting will end at 4 pm, though people standing in the queue at that time will be able to exercise their franchise.

Should My Son Work In A Reputed Firm Or A Start-Up?

Should My Son Work In A Reputed Firm Or A Start-Up?

Rediff.com9 Sep 2024

rediffGURU Nayagam PP counsels students and aspiring professionals on how to pick the right courses and scale up in your career.

Trump's Election Should Worry The World

Trump's Election Should Worry The World

Rediff.com6 Nov 2024

'There are ominous portents of an isolationist administration not only building a physical wall to the south to prevent unwanted immigrants from entering the land of milk and honey, but also trade walls not just against China, but all nations,' foresees Sreekant Sambrani.

Budget: Time To Bet On Big Ideas

Budget: Time To Bet On Big Ideas

Rediff.com16 Jul 2024

The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.

Kingfisher may cut jobs: Mallya

Kingfisher may cut jobs: Mallya

Rediff.com1 Oct 2010

Kingfisher Airlines may cut jobs, UB group chairman and CEO Vijay Mallya said on Thursday.

Mahayuti govt conspired to shift C-295 facility to Gujarat: Cong

Mahayuti govt conspired to shift C-295 facility to Gujarat: Cong

Rediff.com28 Oct 2024

The Congress on Monday claimed that the Tata-Airbus C-295 aircraft facility inaugurated in Vadodara was earlier supposed to be set up in Nagpur and alleged that under Prime Minister Narendra Modi's instructions, the Centre and the Mahayuti dispensation have conspired to ensure the 'wholesale surrender' of Maharashtra's interests.

UK bank RBS to move jobs to India

UK bank RBS to move jobs to India

Rediff.com23 Jan 2015

According to Unite the Union, which represents the bank's staff, around 60 back-office roles are to be moved to India.

Vettayan, Not Rajinikanth's Usual!

Vettayan, Not Rajinikanth's Usual!

Rediff.com12 Oct 2024

We see Rajini's trademark style in Vettayan, and all we can hear from the audience is 'Thalaiva!', record A Ganesh Nadar.

'My Uncle Is Flirting With Me. Pls Help'

'My Uncle Is Flirting With Me. Pls Help'

Rediff.com16 Dec 2024

rediffGURU Anu Krishna offers advice on how to deal with complicated situations in a relationship.

'Workforce Aspirations Are Changing'

'Workforce Aspirations Are Changing'

Rediff.com29 Aug 2024

'It is not that employee work is not happening if you don't see it.'

''Growth Expected To Be 1% Below Last Year'

''Growth Expected To Be 1% Below Last Year'

Rediff.com3 Sep 2024

'A possible post-election growth momentum may be lost.'