Cuban faces insider trading charges for avoiding a $750,000 loss on an investment in an Internet search company.
"There will be no layoffs in the Indian context and, as said before, we will be recruiting 25,000 people gross. We will make our people prepared for the upturn, which will happen. We are focusing on recruiting people and training them. We are focusing on education as this is a great opportunity to make a positive brand and image for the company. We are still seeing opportunities in the market," said Kris Gopalakrishnan, CEO, Infosys.
Chelsea's rapid improvement under coach Guus Hiddink continued on Sunday when Michael Essien's goal earned a 1-0 home win over Manchester City which moved them back into second place in the Premier League. Essien, recently back from a long layoff with a knee injury, beat City keeper Shay Given in the 18th minute to seal the victory that left Chelsea four points behind leaders Manchester United who lost 4-1 at home to Liverpool on Saturday.
Six times a men's singles champion Down Under, the Serbian will be joined in making a return at MelbournePark by 2008 women's champion Maria Sharapova, who missed last year's tournament because of a doping ban.
Residents in these 10 spots are experiencing the most economic upheaval.
New Zealand on Saturday recalled Jacob Oram and Jesse Ryder for the two Twenty20 internationals against India next week, while also naming fast bowler Ewen Thompson in the 13-member squad. The first match is scheduled for February 25 at the AMI Park in Christchurch while the second will be played at Wellington on February 27.
India Inc will see single-digit salary increases for the first time in six years and the salary increase projections may fall even further in the coming months, says a report by HR consultants Hewitt Associates.
Former world number one Maria Sharapova is once again trying to hit the fur off tennis balls but admits she may no longer be feared.
Lendl Simmons made a career-best 282 to lift West Indies A to 574 for eight declared against the touring England side on the second day of the three-day tour match in St.Kitts on Friday. Trinidad and Tobago batsman Simmons resumed on 171 overnight and added a further 111 before he was out lbw to Ryan Sidebottom, the left-arm seamer's first wicket since coming back from a six month injury layoff.
Sania Mirza will kick off her Australian Open campaign with a first round match against Marta Domachowska of Poland and might run into 10th seed Nadia Petrova if she clears the hurdle in the first Grand Slam of the year. Ranked a lowly 107th after her long injury layoff, Sania would take on world number 61 Domachowska hoping to get past the player who beat her in their only previous meeting in a hard-court tournament back in 2003.
Jelena Dokic was unable to shake off the rust of a two-month layoff and lost to Belgian Kirsten Flipkens 6-3, 6-4 in the first round of the US Open on Monday.
Djokovic, who is aiming for a fifth Wimbledon title and his 16th Grand Slam crown, plans to play only one or two exhibition matches in the build-up to the grasscourt major.
Young professionals who lost their jobs tell Rediff.com's Divya Nair how they reclaimed their lives.
Marat Safin's swan song hit another sour note at the Montreal Masters with a 6-2, 3-6, 6-2 first round defeat by Frenchman Gael Monfils on Monday.
Having a job may be the latest status symbol for Americans in these times of massive layoffs, but many still skip work with no valid reason and one in three employees calls in sick when they are not.
US banking behemoth Citigroup is still looking out for new employees and has posted more than 100 job vacancies over last week
Among the blizzard of pink slips on Wall Street, some banks are growing their staffs ... others aren't.
The country's second largest two-wheeler manufacturer, Bajaj Auto, on Sunday said there was no case for any layoff in the company even though there has been a cut in production due to a slowdown in demand. According to the figures released by the Society of Indian Automobile Manufacturers, motorcycle sales in the country during October was down by 18.17 per cent at 5,38,353 units, against 6,57,874 units in the same month a year ago.
'Job opportunities will be available in pharma, retail, medical, virtual business operating sectors, IT sector, telecommunications, infrastructure development, healthcare sector and e-commerce.'
Manchester United midfielder Michael Carrick is likely to be out for up to a month with an ankle injury in a further blow to the troubled Premier League champions, British media reported on Friday.
The 33-year-old, who has taken a break from Tests to manage his workload, missed the final of South Africa's domestic 50-overs tournament with a back injury, which also kept him out of Royal Challengers Bangalore's IPL opener against Delhi.
Financial giant Citigroup, led by India-born Vikram Pandit, is in for an aggressive round of layoffs, where it will start firing about 6,500 employees from its investment banking business from Monday, media reports said.
Those who have been handed the pink slip shouldn't make too many loan queries, advises Raj Khosla.
Frenchman Jo-Wilfried Tsonga won his maiden tour title after beating top seed Novak Djokovic 7-6, 6-4 at the Thailand Open.
Of all the tremors to rock the start-up world of late -- Snapdeal's layoffs, Stayzilla's shutting down, Flipkart's frequent devaluations -- nothing will match the rumble at ShopClues for poignancy.
In beating Czech Tomas Berdych in straight sets, the Swiss became the first man to reach 11 finals at the All England Club -- making the contention that, after knee surgery and a six-month layoff, he is back to his best at 35 more compelling than ever.
The layoffs would mark the most aggressive step yet by Yahoo CEO Jerry Yang, who began a reorganisation to revive the company's fortunes after taking over from movie studio mogul Terry Semel in June 2007, the San Francisco Chronicle reported on Monday.
Cristiano Ronaldo netted a first-half penalty as injury-depleted Real Madrid recovered from their derby defeat by Atletico Madrid at the weekend with a 3-1 win at Levante on Wednesday.
'Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy,' advises Akash Prakash.
South Africa have recalled fit-again batsman AB de Villiers to captain their one-day international side in the five-match home series against Sri Lanka.
Ethiopia's Almaz Ayana smashed the world record to win the Olympic 10,000 metres title on Friday, blowing away the competition in one of the greatest ever long-distance races at the Games.
Summary of World Cup qualifiers played across the world on Thursday
While knowing the limits of his body and full of praise for his team for being able to patch him up repeatedly, the 37-year-old admitted fortune has played a part in his longevity.
Former French Open finalist Guillermo Coria lost in the first round of the Vina del Mar International.
Manchester United beat Sunderland 1-0 to continue their climb in the EPL table after a poor start.
China's Li Na celebrated her comeback from injury with a 4-6 6-3 6-4 triumph over Victoria Azarenka of Belarus to win the Australian Hardcourt Championships in Gold Coast on Saturday.
The company stated that it was taking steps for cost rationalisation across all businesses to maintain liquidity and due to a prolonged slowdown it had to take a few tough measures.
With future prospects being difficult to predict, hiring for a short period is proving to be cost-effective
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.
The Brazilian's return to fitness is a much-needed boost for AC Milan, who have endured a woeful start to their Champions League campaign.
