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Ual Corporation

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Cognizant rejig to cost $400 mn over 2 years, to lay off 3,500 employees

Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates.......

'I still believe Jet will fly'

'Now we will have real employees as the owner of the airline.'Arindam Majumder reports. Photograph: Atul Yadav/PTI Photo Vishesh Khanna's career as a pilot is as old as Jet Airways. Of the 25......

Continental, United may become largest airline

Continental Airlines and UAL Corporation's United Airlines are expected to announce next week that they are combining operations to form the world's largest airline. United's board is expected to......

Largest pension default in US history

A US federal bankruptcy judge approved United Airlines' plan to terminate its employees' pension plans on Tuesday, clearing the way for the largest corporate-pension default in American history.The......

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