Looking for growth beyond the mainline broadcasting business, Rupert Murdoch-controlled entertainment major
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.
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.
If credit card delinquency spells trouble, there may be questions with regard to the much bigger retail sub-categories of car and housing loans, notes T N Ninan.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
'The financial sector's performance in the first two quarters was a revelation.' 'It clearly showed the clean-up had been done in the past one-and-a-half years and that capital brought in was significantly stronger.'
Assets that are on the block include loans, proprietary bond and equity investments.
If banks cannot charge interest from borrowers during the moratorium, who will bear that cost? Should the depositors subsidise the borrowers by foregoing interest on deposits? In that case, we will turn banking on its head! notes Tamal Bandyopadhyay.
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.
eBay says it has cut jobs at its centre in Bengaluru in favour of shifting them to other locations around the world.
Facing the twin task of fighting the coronavirus pandemic today and building a better tomorrow, the world is experiencing a new Bretton Woods moment, IMF managing director Kristalina Georgieva said
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 workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
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.
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot.
Technology evolution forces private players to downsize operations.
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.
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.
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.
'The Insolvency and Bankruptcy Code cleans up non-performing assets and puts companies in capable and credible hands.'
Finance Ministry, Assocham on Tuesday sought a taxation friendly environment for the startups
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.
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.
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
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.
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
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.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
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.
'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 central bank said its board of directors had approved the broad contours of the proposals.
Microsoft also took a charge of $940 million related to job cuts announced this month and last year.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
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.
Images from Saturday's action in the English Premier League.
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 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.
Bankers said the SC verdict might prolong the resolution process and force lenders to bring back cases to the drawing board.
