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How Bandhan became microfinance's comeback kid

Bandhan's acquisition of Gruh Finance helped pare down promoter holding to 62% and diversify into loan assets.

New jobs

Nov 19, 2019, 12.54 PM IST



Information Technology may trim 40K middle-level jobs

Mid-level resources, with experience of 10-20 years, account for a 5th of the workforce across IT companies.

Tata Steel unveils cost-cutting plans for Europe business, including job cuts

The Indian steel major said the changes were needed to ensure t...

WeWork says job cuts to begin ‘in earnest’ this week in U.S.

After the company’s valuation plummeted from $47 billion to about $8 billion, We...

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  • Tata Steel, which launched a transformation programme in June to strengthen its European biz, has operations including steelmaking in the Netherlands and Wales and downstream operations across Europe. There will be no plant closures but the aim is to shield the company against the "huge number of challenges" it faces, the company said.

    A top Tata Steel official had earlier said that the steel major was looking to make European business stronger for which it would continue to explore various business options. The comments had come after its plans to merge European business with German steel giant Thyssenkrupp had fallen through. The company is now planning job cuts in Europe amid challenging market conditions.

    Former defense official Gotabaya Rajapaksa has been sworn in as Sri Lanka's president and appealed to the minority Tamil and Muslim communities who voted against him to rally around him.

    The Delhi International Airport Ltd (DIAL), a GMR-led consortium, has received green nod from the Environment Ministry for the development of two commercial buildings in Aerocity at an investment of about Rs 1,310 crore

    DXC Technology, a company spun off from Mphasis' erstwhile parent HP, contributed 24.1% of the mid-tier IT services provider’s revenue in the September quarter.

    The board will be responsible for investment promotion, industry development and manpower development of the technology sector, and will work to strengthen the state’s reputation as a technology hub. The Karnataka government is also planning to take ideas from New Zealand, which has emerged as the number one country in the world for Ease of Doing Business.

    Prime Minister Narendra Modi on Tuesday paid tributes to Indira Gandhi on her 102nd birth anniversary.

    The usually blue skies of the harbour city turned a miserable grey, with world-famous landmarks the Sydney Opera House and Harbour Bridge dulled against the skyline.

    Mark Thompson said the print business would be profitable for at least the next decade at The New York Times, and that they are also working on building new revenue streams involving global social media platforms.

    India is WhatsApp's biggest market with 400 million users. The development comes just weeks after WhatsApp sued Israeli company, NSO group, over the alleged misuse of their spyware Pegasus, that was installed in the phones of 1400 users, including at least 120 Indians. Many of those who were spied on were journalists, rights activists and lawyers.

    There could be several other concerns that could come up during the actual GST return filing process under the new return system. Taxpayers are looking for simplification in filing returns, and hope that the new return system will achieve this.

    In a recent interview to ET, Justice Bobde also said he was in favour of creating a national judicial service. GoI has been pushing this idea with the intent to create an all-India cadre of judicial officers from where bulk of future judges could be selected. The proposal has been gone into in considerable detail, including on ways to carry out an all-India test and selection.

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