'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
After a meeting of banks on Friday on ways to make funds available immediately, a source in the know said lenders other than SBI and Punjab National Bank had not come on board so far to chip in with their funds.
Assets that are on the block include loans, proprietary bond and equity investments.
England appointed Geoff Miller to the newly-created post of national selector and sidelined former chairman of selectors David Graveney. Miller will head up a four-man selection panel which will include head coach Peter Moores, and former Test players Ashley Giles and James Whitaker.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot.
In an interview with Peerzada Abrar and Romita Majumdar, Cisco CEO Chuck Robbins said that his company would continue to bet heavily on India's engineering talent pool.
Intel, which recently announced over 10,000 job cuts worldwide, on Thursday said impact of the layoff decision was "relatively minimal" on its workforce in India, where the world's largest computer chip-maker plans to set up a manufacturing facility.
'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'
The government may have to resort, eventually and however unwillingly, to printing money, abandoned as policy and practice in the 1990, predicts T N Ninan.
Technology evolution forces private players to downsize operations.
The April 2 Supreme Court order quashing the February 12, 2018 RBI circular (which ended all debt recast plans even on a one-day default) put paid to the resolution plan as banks were left with no leeway to restructure the loan and pay the promised Rs 1,500 crore interim funds.
Sepp Blatter may seek to stay on as the president of FIFA, a Swiss newspaper quoted an anonymous source close to Blatter as saying on Sunday.
Finance Ministry, Assocham on Tuesday sought a taxation friendly environment for the startups
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
The meeting of the party's highest decision-making body will go into the reasons behind the party's debacle and discus as to why its poll narrative failed to convince the people.
Layoffs are just an event in life, not life itself. Life's canvas is very large; fill it with wonderful new colours; colours of your choice.
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
Air Canada, the country's biggest airline, filed for bankruptcy protection before a Toronto court on Tuesday, according to court documents.\n\n\n\n
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
Images from Saturday's action in the English Premier League.
The central bank said its board of directors had approved the broad contours of the proposals.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
Microsoft also took a charge of $940 million related to job cuts announced this month and last year.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
Tata Steel has warned its suppliers that if they do not slash prices by up to 30 per cent in the long term then they risk losing the steel giant's business.
The operations of Fiat India is unlikely to be affected by a massive restructuring plan announced on Thursday by its parent company in Italy, which involves cutting 12,300 jobs worldwide and closure of 12 factories.
Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.
'It is no longer practical to expect parents to pay anywhere between $40,000 and $55,000 for the year or even half for the term if there is no clarity.'
The opposition on Thursday criticised as mere "fluff" and "gimmickry" the government's decision to restructure Planning Commission and rechristen it "Neeti Ayog" and voiced apprehension that it will discriminate against the states and help "corporates call the shots" in policy making.
The move, first announced in March 2014, is expected to generate net annualised cost savings of $175-200 million once fully implemented.
FIFA approved major reforms at a congress on Friday, part of world football's effort to end the culture of corruption that has plagued its governing body for years. The measures were adopted by 179 members, while 22 voted against and six abstained at a congress in Zurich that will also elect a replacement to FIFA's disgraced president Sepp Blatter. The reforms were developed since June by a committee led by Francois Carrard, a Swiss lawyer tasked with a similar cleanup effort at the International Olympic Committee more than a decade ago. Among the most crucial measures are changes in the role of FIFA's president and its executive committee. The president's job has been altered to function like a corporate chairman of the board, providing strategic guidance but with less management authority. FIFA's executive committee, which had become an epicenter of graft, has been re-branded as a FIFA council, and will operate similar to a corporate board of directions. FIFA's secretary general, previously number two to the president, will serve as world football's CEO.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
