Employment growth in India slowed in last two years: CARE Ratings
CARE Ratings pointed that most of the core industries have witnessed 'virtually negative growth in headcount'.
Information Technology may trim 40K middle-level jobs
Mid-level resources, with experience of 10-20 years, account for a 5th of the workforce...
Tata Steel confirms job cuts of up to 3,000 across European operations
The Indian steel major said the changes were needed to ensure the busi...
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, WeWork is seeking to cut costs and show a path to profitability in order to potentially attempt an IPO again next year. That path includes selling assets and cutting jobs.
Tata Steel plans to cut jobs across European operations
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.
CBDT seeks to widen net for appointment of members, makes younger officers eligible for post
Till a couple of years ago, only officers of the rank of Principal Chief Commissioner of Income Tax (PCCIT) were eligible for being considered for appointment as Member, CBDT. CBDT, on November 11, sought to widen the catchment of officers by making eligible all officers of the rank of Principal Commissioner of Income Tax and above.
Tata Steel unveils cost-cutting plans for Europe business, including 3,000 job cuts
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.
Population control in India: Plea in Supreme Court against Delhi HC order
The plea in the high court had claimed that the population of India had "marched ahead" of China, as about 20 per cent of Indians did not have Aadhaar and therefore, were not accounted for, and there were also crores of Rohingyas and Bangladeshis living illegally in the country. The petitioner had claimed that population explosion is also the root cause of corruption.
NetApp India Global Centre of Excellence gets new MD
Chhabria has nearly three decades work experience, and earlier worked at Sun Microsystems and Silicon Graphics, among other firms in the areas of product engineering, product management and general management.
Hilton appoints Sabu Raghavan as vice president, HR for India
Hilton said Raghavan's new role will see him focusing exclusively on India, working closely with Hilton’s leadership team to drive culture and talent development among Hilton's team members in the country. “At Hilton, we are in a people-serving-people business and our Team Members are at the heart of what we do,” said Navjit Ahluwalia, Hilton, India.
India vulnerable to oil price and capital inflow shocks: YV Reddy
According to the former Reserve Bank of India governor, there are three economic challenges- climate change, demographic divergence and technology - which are global and can be resolved only through cooperation and concerted action on the part of all or most countries.
India may extend onion export ban to February to cap domestic prices
Prices have surged after rain and floods during Oct and Nov limited onion supply, especially in Maharashtra.
Pakistan resumes postal mail service with India: Pak media
Tensions between India and Pakistan spiked after New Delhi abrogated provisions of Article 370 and bifurcated it into two Union Territories. India's August 5 decision evoked strong reactions from Pakistan, which downgraded diplomatic ties. Islamabad suspended all communication links with India as well as the trade ties.
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Toyota to stop selling small diesel vehicles in India post BS VI
Toyota's decision to change diesel strategy mirrors those of market leader Maruti Suzuki and French carmaker Renault who too have announced plans to discontinue such models. New entrant MG Motor India also has said it would only make sense for the company to offer diesel fuel options in vehicles priced over Rs 15 lakh post migration to BS VI norms.
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