The Japan-headquartered company will also streamline its TV business.
The big names in Indian cricket, of late, have opted to stay away when it comes to applying for the national selector's job.
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
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.
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.
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
Troubled American drug making giant Merck and Co on Monday announced a sweeping restructuring plan that will see the loss of 7000 jobs or 11 per cent of its worldwide workforce as also the closure or sale of five of its 31 manufacturing plants.
In order to be competitive, the companies should now add value to their services and innovate ways to become efficient. With the continuing onslaught of the global financial crisis, companies are turning to large-scale lay-offs to cut cost and tide over the crisis.
It has become difficult for Ashwin to be even considered in the present scenario.
Bank employs more than 300,000 people worldwide.
The drastic measure will help the company to counter its failure to meet the pricing by generic drug manufacturers.
The favourites to replace Erik ten Hag, who was sacked as Manchester United manager on Monday.
Tata Group chairman Ratan Tata has said the company could not give any guarantee over safety of jobs as it plans will be to make the UK operations more profitable.
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.' 'Along with this, finance ministers became crucial in molding the perception and reputation of Union Cabinets.' 'Governments couldn't afford a wrong person in that portfolio,' asserts Shyam G Menon.
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.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
So far in December, companies across the world have announced at least 115,000 job-cuts -- a figure which translates into an average of more than 8,200 people being laid off a day or about six every one minute (60 seconds).
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
The Union Public Service Commission entrance and Common Admission Test are completely different from each other and require different approaches, says rediffGURU Mayank Chandel.
Former Karnataka Chief Minister S M Krishna passed away at his residence in Bengaluru early Tuesday morning, his family said.
Slowdown in economic growth in most South Asian countries barring India is expected to result in severe job cuts and lower incomes, impacting poverty alleviation programmes, a UN report said on Tuesday.
The bank, which on Friday posted first-quarter results hit by bad loans in its home market, said the cuts are part of a reorganisation of its commercial and merchant banking division and will mostly be through natural attrition and reallocation.
rediffGURU Nayagam PP counsels students and aspiring professionals on how to pick the right courses and scale up in your career.
'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.'
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.
Siva Prasad Nanduri, chief business officer, TeamLease Digital, outlines the skills that will help you get a job in 2023.
Pakistan beat England by 152 runs in the second Test in Multan on Friday to level the three-match series at 1-1.
'It is not that employee work is not happening if you don't see it.'
'Each of us will have a beautiful story to tell about him because he went beyond work and touched our lives. That's a rarity in this industry.'
The company expects to transfer around 800 jobs internally and about 700 positions to third parties.
'A possible post-election growth momentum may be lost.'
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.
Back- and middle-office positions that support trading functions and provide technology services will be cut
Ford had reported a loss of $404 million in Europe in the second quarter this fiscal and had said it expects the full year loss in the continent to exceed $1 billion.
Days after Citi's global CEO Vikram Pandit said the group planned to reduce head-count by 52,000, there are reports that the financial major will lay off over 1,000 employees in India. The financial services company has around 10,000 employees in India.
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
Travelling from South India to Kashmir in December was magical for Ganesh Nadar as he feasted his eyes on the beauty of the snow-capped Himalayas.
In tackling India's unemployment problem, look beyond the finance minister and focus on the education minister, points out Gurbachan Singh.
Fresher hiring is expected to more than double compared to last year.